Revolut is giving away up to £350 free to all of its customers. Customers who refer friends who then open an account will get £70 a time – with a maximum of five bonuses to be claimed per person.
Revolut is a financial services company that offers banking services to individuals and businesses. It was founded in 2015 by Nikolay Storonsky and Vlad Yatsenko.
Existing customers can get their bonuses through the app. You need to o pen your app and tap the referral tile on the home screen and select the friends you want to refer from your contact list.
You can refer up to five friends. They just need to be eligible for a Revolut account and can’t already be a Revolut customer.
Your friends then need to c reate a Revolut account using your unique referral link, verify their identity, top up their account by connecting another bank account or using a bank card, order a physical Revolut card and complete three purchases of at least £5 each with their Revolut card.
The offer is open until 8.59pm on February 11 this year.
Revolut offers free and subscription-based digital banking services, primarily through a mobile app. Features include domestic and international bank transfers, pre-paid debit cards, a stock and cryptocurrency exchange, as well as other features such as savings accounts and loans.
Revolut has been subject to criticism and many controversies in the past, such as issues with customer support and long-lasting lockouts.
The company achieved unicorn status in April 2018, after receiving €205 million in investments during Series C round funding, which valued the company at over €1.4 billion.