Gistrealz Blog - Home of Freebies, Money Making Tips & Tech News
  • Home
  • Tech
    • Tips & How TOs
  • Money Making
    • Free Airtime
  • Cheap Data Plans
  • About Us
  • Contact Us
  • Privacy Policy
No Result
View All Result
  • Home
  • Tech
    • Tips & How TOs
  • Money Making
    • Free Airtime
  • Cheap Data Plans
  • About Us
  • Contact Us
  • Privacy Policy
No Result
View All Result
Gistrealz
No Result
View All Result
Do You Want to Get Updates As Soon As We Publish?
Join Our Telegram Channel
Join Our Telegram Group
Home Money Making

How to Earn N12,500 Naira Cashback On Fairmoney By Completing Simple Steps

ErickssonDGreat by ErickssonDGreat
July 14, 2023
Reading Time: 6 mins read
180 8
Fairmoney referral bonus
Share on FacebookShare on Twitter

Fairmoney referral bonus

Are you aware that you can leverage on fairmoney Reward system to earn as much as 12,500 Naira per friend you are able to convince to download and use the fairmoney app? Fairmoney as we all know is one of the most popular loan applications and recently microfinance banks out there.

Contents hide
1 Also Read
2 Mobiworkx Review: How to Earn $4 By Simply Completing Surveys Daily
3 Busha Independence Day Promo: How to Get Free 2k Bonus
4 Tophappy.win Legit or Scam? How I Made 2k With 100 Naira
5 Mparrot: Get Free 3.6 Usdt and Upto $10 From Spot Trading
6 Yellow Card Ambassador Promo: How to Get 1,800 ($2) Naira
7 Features Of Fairmoney App
8 How Does The Referral Bonus Work?
9 Steps to Qualify for Fairmoney Referral Bonus
9.1 How to Get Started to Start Earning 12,500 Naira referral bonus
10 Related

Also Read

Mobiworkx Review: How to Earn $4 By Simply Completing Surveys Daily

Busha Independence Day Promo: How to Get Free 2k Bonus

Tophappy.win Legit or Scam? How I Made 2k With 100 Naira

Mparrot: Get Free 3.6 Usdt and Upto $10 From Spot Trading

Yellow Card Ambassador Promo: How to Get 1,800 ($2) Naira

There are lots of things that can be done on fairmoney, some of the interesting features cannot be easily accessed on some other payment apps or loan services. Before we get down to the features, there is need to state the purpose of writing this piece which is to shed more light on fairmoney referral reward program that enables referrers earn as 12,500 Naira per referral?! Isn’t that amazing?

Imagine earning up to this amount for just referring one person to the app? That’s crazy and even more mind-blowing if you can refer more than one person. But it doesn’t end at referring them to download and register on the app, there are some other tasks to complete; which is what we’ll be discussing in this article.

Recall that I promised to highlight some of the interesting features of fairmoney that may encourage you to take the app seriously. So let’s have a look at some of the interesting features of fairmoney app;

Features Of Fairmoney App

With the FairMoney app, you can enjoy the following services;

  • Get an account number and use it to receive money from anyone in Nigeria
  • Add money to your account
  • Send money to any bank account for FREE
  • Apply for a loan without collateral and receive it instantly
  • Pay your online bills,
  • Enjoy discounted airtime and bill payments
  • Earn daily interest with FairSave with Free withdrawals
  • Earn interest rates as high as 26% with FairLock (fixed-term deposits)

Prior to being licensed by the Central Bank of Nigeria, fairmoney was just a loan rendering app, when it comes to the loan service, fairmoney still stands out; below is a break down of the characteristics of the loan service offered by fairmoney;

  • Online Loan amount starting from ₦1,500 to ₦1,000,000
  • No collateral required
  • 100% digital application & fast loan disbursements
  •  Repayment periods from 61 days to 18 months
  • APR from 30% to 260% per annum
  • Interest discounts of up to 90% for early repayments
  • No hidden fees

Below is an example of how fairmoney loan service works;

Borrow ₦100,000 over 3 months

Interest (total cost of the loan): ₦30,000 (30% rate)

Three monthly repayments: ₦43,333

Total amount payable: ₦130,000

Representative: 120% APR

Now that we’ve talked about the various services fairmoney offers, let’s get down to the main referral reward and how it works.

How Does The Referral Bonus Work?

According to fairmoney, when you refer a user to their app and the user completes all the steps mentioned in their referral incentive page, you will be rewarded with a total of 12,500 Naira bonus which can be withdrawn to your local bank account.

Also Read: How to Earn 2500 Naira Via Referrals On Reach App

In order to understand it better, we are going to list the steps all your referrals must complete in order for you to earn the total bonus;

Steps to Qualify for Fairmoney Referral Bonus

Fairmoney referral bonus steps

1. You can earn up to 7,500 Naira Cashback immediately the user you referred takes his or her first loan and repays.

2. You earn up to 2,000 naira Cashback on first fairlock account creation. That is to say, when the user sets up a fairlock account and saves with any amount, you get rewarded with 2,000 naira bonus. Fairlock is fairmoney’s saving service similar to the service on piggyvest and other savings apps.

3. You earn 1,000 naira Cashback on the first electricity top up of the user.

4. You get 300 Naira Cashback if the friend referred upgrade his or her account to KYC 3 bank account.

5. You earn up to 700 Naira Cashback if your friend completes first data recharge transaction.

6. You earn 1,000 naira Cashback if all the services stated above are unlocked

How to Get Started to Start Earning 12,500 Naira referral bonus

Download the Fairmoney App from Google Play Store and sign up. While signing up make sure this code is showing – WYTNF

After signing up, complete the KYC verifications to be upgraded to a standard bank account.

How to get referral link on fairmoney

You can decide to obtain a loan or you start making use of the services. To earn via referring, simply click on your profile and copy your referral link, share it to friends and when they complete the steps, you earn.

Related

Previous Post

How to Get Free 2,500 Naira Per Sim Via ODSG Social Initiative Token

Next Post

How to Get Witcoin Spin and Win $2 Bonus

ErickssonDGreat

ErickssonDGreat

Ericksson is an Entrepreneur and Blogger whose pride & happiness is your satisfaction. Enjoy the website, Eric loves you!! 😘

Next Post
Witcoin app spin and win bonus

How to Get Witcoin Spin and Win $2 Bonus

AfriQA Opinions Review: Earn N500 ($1.30) Airtime For Answering Surveys

AfriQA Opinions Review: Earn N500 ($1.30) Airtime For Answering Surveys

Recommended.

How to complete daily steps to get free sweatcoin daily

Sweatcoin Spin and Win: Earn More Sweatcoin Daily Without Walking

August 13, 2023
Jumia Tech Week: Get Amazing Gifts And Vouchers

Jumia Tech Week: Get Amazing Gifts And Vouchers

August 20, 2023

Trending.

My MTN App Free Data: How to Get 50gb Data Instantly

My MTN App Free Data: How to Get 50gb Data Instantly

September 19, 2023
How to get up to 100gb data on ReachOut app

ReachOut Free 1GB: How to Get Up to 100gb Easily

August 20, 2023
Moniepoint bbn games free 2,000 naira

How to Win 2,000 Naira & Upto 2M From Moniepoint BBN Games

September 2, 2023
Questia NG Review: Answer Surveys and Get Free 4k Konga Gift Card

Questia NG Review: Answer Surveys and Get Free 4k Konga Gift Card

September 19, 2023
How to activate Glo unlimited browsing using Edoztunnel Pro

How to Activate GLO Unlimited Browsing Using Edoztunnel Pro (2023)

September 3, 2023
Gistrealz

We bring you free money making schemes, tech updates, free browsing and airtime updates on a daily basis. Follow us to stay updated!

Follow Us

Recent News

Mobiworkx review

Mobiworkx Review: How to Earn $4 By Simply Completing Surveys Daily

October 1, 2023
Busha Independence Day Promo: How to Get Free 2k Bonus

Busha Independence Day Promo: How to Get Free 2k Bonus

September 30, 2023
Free 5gb daily on Airtel via Smartcash PSB

How to Get Free 5gb Daily On Airtel Using Smartcash PSB

September 28, 2023
  • Home
  • Money Making
  • Tech
  • Privacy Policy
  • Contact Us
  • About Us

Copyright © 2022 All Right Reserved Gistrealz 2018 - 2023

No Result
View All Result
  • Home
  • Money Making
  • Tech
  • Privacy Policy
  • Contact Us
  • About Us

Copyright © 2022 All Right Reserved Gistrealz 2018 - 2023

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In