Referral programs seem to be one of the only few ways to earn money online now, I’ve talked about so many referral programs on this blog while most of them are still paying well, only a few readers take them seriously.
Just to let you know, I just made N6,000 this week from the new Branch app account I created, you too can be earning more than I even do. Before we talk about the Palmcredit referral program, I’ll quickly drop links other paying referral programs for you to check out.
- Kuda referral program, earn N200 per referral
- Branch referral program, earn N1500 per referral
- Jumia One app – Earn up to N500 instantly per referral and N20,000 a month
- Chipper Cash app: Earn N250 per referral and up to N10,000 a month
- How to earn at least N1000 daily from Piggyvest
Now those are still the working referral programs that I can recommend for you now, more are still on the way just like I’m going to show you how to earn at least N1000 from Palmcredit referral program.
Palmcredit offers a bonus program that allows you to earn cash by referring a friend – who gets credit limit and then repays their first loan on time – to their service. The real truth is that when you bring a good borrower, you will earn more cash.
How Palmcredit referral program works
Like other referral programs, Palmcredit gives you a unique link with which you can use to tell your friends about Palmcredit. If an individual signs up for Palmcredit using your link, both of you would be rewarded with bonus airtime and cash.
When you invite a friend to register on Palmcredit and the friend’s BVN is verified as a new Palmcredit user, you receive N300 bonus each. After your friend gets the credit limit, you will receive N200 bonus and after your friend successfully borrows money for the first time, you will receive N500 bonus. After your friend successfully grants credit, he’ll get N1000 bonus credited into his account. You cannot invite more than 30 people a day.
How to join Palmcredit referral program
Joining Palmcredit referral program is easier than you might think, all you need to do is to download and install Palmcredit app from here, register using your phone number then launch the app.
When you’re on the app’s main page, click on the banner image that reads, “Invite Friends to get 30K CASH DAILY” or tap on the three horizontal lines at the top-left of your device, tap “Refer a Friend” and tap Refer Friends Now. This should bring up a menu showcasing lists of available options that you can share the link to. In the referring business, there is only one rule, refer and earn more.
Things to note about Palmcredit referral program
- Each user can be invited to register only once, same mobile device/phone number / BVN number/bank card number will be treated as the same user.
- Users may not participate in this activity with any cheating behaviours. Once verified, no bonus will be issued for those who have been already given bonus.
How to withdraw from Palmcredit
You need to collect loan from Palmcredit and the money you’ve earned from referring people to the platform would be used to pay for the loan. You can only withdraw when your BVN verification has been successful, each withdrawal cannot exceed N10,000 and can only be withdrawn once a day.
That’s all you need to know about Palmcredit referral program friends. Just a friendly reminder, you can request for loans of up to N100,000 without any collateral from Palmcredit. If you have any question to ask, do not hesitate to leave a comment below and also don’t forget to share this with your friends, sharing is caring!.
Please you made mention of “You need to collect loan from Palmcredit and the money you’ve earned from referring people to the platform would be used to pay for the loan”. Please can you make it clear to me.
Sorry for the mixup there, what I meant was that to withdraw the money earned from referring people, you just have to collect a credit loan. That’s the only way you can receive the funds gained from referring people.
Can I withdraw my referral earnings immediately?
Yes, if you get to the minimum withdrawal threshold.