How to Make Money with Banks?

How to Make Money with Banks?

Hey. I think this topic is worth bringing up, because there’s real money to be made here. Just think about how many times friends have borrowed money from you — wouldn’t it be better to refer them to a bank instead? Banks, mobile carriers, microfinance companies, and even real estate developers pay customers for recommending their services to friends. You can earn anywhere from $5 to $4,500. Here are some examples.

Citibank

Referral value: $15 to $1,500

The bank runs a “Refer a Friend” program. To participate, fill out an application on their website and provide your friends’ details (full name, city of residence, and phone number). If they successfully get a card, you’ll receive a $15 reward (or 2–5,000 bonus points), and the new client gets free card servicing for the first year. If you refer at least three friends, the bank will credit you with a cash reward of $385, $770, or $1,540.

Tinkoff Bank

Referral value: $5 to $155

The bank pays bonuses when your friend opens a deposit, credit card, or debit card on your recommendation. To qualify, the product must be opened through a special link created on the tinkoff.ru/friends page. You can send the link via text message, email, or simply post it on social media for anyone to use.

If your friend signs up, the bank will credit you $5 for a Tinkoff Black card, or 1,500 miles for an All Airlines card (the new client must make at least one purchase). If your friend opens a deposit for 12 months or more, you’ll receive up to 1% of the deposit amount. For example, for a deposit of $770–$1,540, you’d receive about $8; for a $15,400 deposit, the referral bonus reaches $155.

The bank is willing to pay referral bonuses for up to 30 new clients per year.

Vostochny Bank

Referral value: $15

An existing client picks up a special coupon at any Vostochny Bank branch and passes it to a friend. If the friend takes out a loan or credit card (with a minimum withdrawal of $305), you’ll receive $15 credited to your account, and your friend gets $8. There’s no limit on the number of friends you can refer.

Promsvyazbank

Referral value: $15 to $460 in bonus points

To earn bonuses, visit a branch to fill out a participation form and receive a special code. Share this code with friends. If they use it when purchasing a boxed insurance policy or transferring their pension to a non-state pension fund, you’ll receive 2,000 bonus points. Opening a deposit earns 1,000 points, a credit card earns 10,000 bonus points, and a premium card earns 30,000 points.

The bank will credit up to 90,000 bonus points per month. These can be converted to cash, used to pay for bank services, donated to charity, or redeemed for discounts on online banking payments.

Rocketbank

Referral value: $8 in Rocket Rubles

For referring someone to open a Rocketbank card, both you and your friend receive 500 Rocket Rubles (roughly $8). The application must be approved and the card activated. You can send your referral link through the banking app. In the “Friends” section, a link is generated that you can share as a text message or post on social media. The bank will pay bonuses for a maximum of 5 friends — so you can earn up to 2,500 Rocket Rubles ($38).

Touch Bank

Referral value: 500 bonus points

Every customer receives a promo code when signing their service agreement. Share it with a friend, and if they enter the code when ordering a card, both of you will receive 500 bonus points after the card is activated. Once you accumulate 1,000 points, they can be used to offset any purchase worth $15.

Domashniye Dengi (Home Money)

Referral value: $15

This microfinance company has a smartphone app called Digital Cash where you can refer friends to their services. If a new client takes out a microloan and their application is approved, you’ll receive a $15 bonus two weeks after the loan is issued. There’s no limit on how many friends you can refer.

MigCredit

Referral value: $8 in mobile credit

Any existing MigCredit customer can participate by recommending the service. If a friend wants to borrow through MigCredit, they can provide the loan contract number of the person who referred them. After the microloan is processed, MigCredit will top up the referrer’s mobile phone with $8.

MoneyMan

Referral value: up to $5

In the MoneyMan personal account, you can send an invitation to a friend by entering their name and email address. If they fill out an application and take out a microloan, you’ll receive 30,000 bonus points, equivalent to $5. These points can be used to reduce your interest rate, increase the maximum loan amount, or pay off accrued interest.

Real Estate

Company: Urban Group

Referral value: up to $4,460

Homebuyers at Urban Group can submit an application on the loyalty program website, receive a club card, and refer friends to purchase property. If a friend takes their advice and buys an apartment, the developer credits a bonus of 1% of the purchase price. The maximum bonus is capped at $4,460.

You can search for similar offers in affiliate networks, but these examples alone should be enough to get you started — whether you’re promoting to people you know or finding ways to reach strangers.)