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Our Invite & Earn program is changing

We’re launching a new and improved version of our referral program – here’s everything you need to know

By Karolina on November 18, 2019

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Our Invite & Earn referral program is a great way to share Monese with your friends and family – not only does it help you to spread the word about how you can manage your money better, but also it rewards both you and everyone you invite.

Monese always works better with friends, so this feature has naturally been extremely popular with our customers ever since we launched it – and today we’re excited to announce the new and improved version of Invite & Earn.

What’s new

Just as before, you’ll be rewarded for bringing in friends who join and start using Monese, once they’ve made the first transaction with their new Monese card – and they’ll continue to get a welcome bonus as well.

However, you’ll be able to get more rewards when those you invite continue to spend with Monese!

Here’s how it works:

Step 1: Once the friend you invite has used their new card for the first time, you’ll both get a bonus once the transaction has settled (this usually takes up to 48 hours).

Step 2: Once the friend you invite has spent a set amount, you’ll both get a second bonus. This will need to be spent in one of the following ways:

  • Spending anywhere with their Monese card
  • Sending international transfers with Monese to any currency other than GBP or EUR

You can always find the latest amounts in your Monese app, under the ‘Earn’ section – remember, the rewards can be different from country to country, and they can change regularly.

It’s easier to keep track

We’ve also made it easier to keep an eye on your invites!

Now, when you head over to the ‘Earn’ section of the app, you’ll be able to see a list of those you’ve invited but haven’t completed the steps to earn your reward. Then you can send them a nudge, to remind them to get things going.

What if I’ve already invited someone?

These new rules apply from today to anyone who signs up to Monese with an invite code.

If you invited somebody to join Monese and they started the sign-up process (using your invite code) before today (18 November 2019), the old rules – and rewards – will apply.

Where can I find the rules?

You can find all the Terms right here – and you can always find the latest details in the Monese app (under the ‘Earn’ section).

We’re really excited to see how you get along with the new Invite & Earn program – if you have any thoughts or ideas, feel free to drop us an email at community@monese.com.

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