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Online referral programs produce win-win outcomes for companies and loyal customers alike. Businesses gain new customers while a referring customer earns cash, credits, and discounts for a successful referral. However, not all referral programs are created equally or offer desirable rewards.

In this post, we’ll explore some of the best referral programs in the market.

Table Of Contents

What is referral marketing?

Companies use word-of-mouth marketing (WOMM) to generate honest discussions and recommendations about their goods. Getting people to talk about a business, brand, product, or service is the goal. As social creatures, WOMM works because we like to share our experiences with our family, friends, colleagues, and network. One way to stimulate WOMM is through a great referral marketing program.

Referral marketing is a method of promoting products and services through existing customers and users. Companies provide unique links to customers to send to others. Referral programs typically offer discounts and account credits as referral incentives. For instance, Joe sends his referral link to Suzy to save $10 on her first purchase. Referral programs go by different names, including:

  • Advocate program
  • Customer reward program
  • Invite-a-friend
  • Loyalty program
  • Refer-a-friend (RAF)
  • Rewards program

Referral marketing vs. affiliate marketing

Referral and affiliate marketing do overlap under the umbrella of performance marketing, but they’re different. Affiliate marketing is the promotion of products and services online by affiliate marketers, who are usually full-time content creators, bloggers, and YouTubers. Companies pay affiliates for generating leads and sales. For example, GetResponse has two affiliate programs that pay recurring and bounty commissions for new sales.

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The table below highlights the differences between referral and affiliate marketing:

Referral ProgramAffiliate Program
Target usersExisting customers, brand ambassadors, and loyal fans Content creators, bloggers, YouTubers, and agencies 
Who they targetFamily, friends, acquaintances, and colleagues Anyone 
Use or tried the product/serviceLikely Not likely 
CompensationCredits, rewards, and discounts Cash 
Can make a full-time livingNo Possible 
ReportingBasic Advanced 
Many program policies/rulesNo Yes 
Disclosure requirementsNo Yes 

Given the differences between referral and affiliate marketing, which one should you choose?

Promote referral offers if you want to occasionally share deals with your friends and people you know but don’t want to focus on creating content. Go with affiliate marketing if you want to create content, part- or full-time, to passively make extra money.

Successful referral program examples

Let’s review the best online referral programs from companies that have shown continuous referral program success. If a company offers their own referral program, it will likely be visible in their website footer menu, and you might receive details about it in the company’s email or newsletter.

  1. GetResponse – $30 account credit per referral
  2. Dropbox – Up to 32 GB per referral
  3. Fiverr – Up to $100 per referral
  4. Chase Bank – $50 per referral
  5. SoFi – $10 per referral
  6. TurboTax – $25 per referral
  7. Wise – $50 per three referrals
  8. Acorns – $5 per referral
  9. Charles Schwab – Up to $500 per referral
  10. Robinhood – A reward stock per referral
  11. Wealthfront – $5,000 managed for free per referral
  12. Sam’s Club – $10 gift card per referral
  13. Walmart – $10 promo offer per referral
  14. AT&T – $25 account credit per referral
  15. T-Mobile – $50 per referral
  16. Casper – $75 gift card per referral
  17. Coursera – 50% off a course per referral
  18. Purple – Up to a $75 gift card per referral
  19. Smile Direct Club – $100 per referral
  20. Spanx – $20 per referral
  21. Tesla – Car miles and cash per referral

Marketing & online services

Let’s go a bit more in-depth with the referral program examples we’ve just mentioned above, and look into what their referral process is and give you more information to decide which customer referral program you might be interested in.

GetResponse

GetResponse is a leading all-in-one digital marketing platform, offering email marketing, automation, websites, landing pages, conversion funnels, webinars, and more. We help 350,000+ businesses of all sizes to get more leads, sales, and customers.

GetResponse customers and their referrals who become paying customers will both receive a $30 credit. Alternatively, GetResponse has other referral programs that may align better with your goals. The programs pay high one-time and recurring commissions for new sales. See these affiliate marketing and agency partner programs for more details.

Referral fee/reward: $30 account credit

Website: GetResponse referral program

Dropbox

Dropbox referral program.

Dropbox enables you to collaborate, store, sync, and share your files from a central and secure cloud platform. Therefore, you can keep your family organized, streamline remote work, increase productivity, simplify electronic signatures, and more.

Earn extra space by inviting your friends to try Dropbox. Dropbox Basic users get 500 MB per referral and up to 16 GB. Dropbox Plus and Professional users get 1 GB per referral and up to 32 GB.

Referral fee/reward: Up to 32 GB

Website: Dropbox referral program

Fiverr

Fiverr referral program.

Fiverr is an online marketplace that connects businesses with on-demand freelance talent. It offers digital services in more than 400 categories across nine verticals, including graphic design, digital marketing, programming, writing, translation, animation, and more.

Your referrals will get a 10% discount on their first purchase (up to $100). After that, you’ll receive Fiverr Credits (capped at $100 Fiverr Credits per qualifying purchase). In total, you can earn up to $500 in Fiverr Credits.

Referral fee/reward: Up to $100 Fiverr Credits

Website: Fiverr referral program

Banking & financial

Chase Bank

Chase bank referral program.

Chase offers a broad range of financial services, including personal banking, credit cards, mortgages, auto financing, investment advice, small business loans, and payment processing. Chase is a part of the JPMorgan Chase financial services company.

You can earn $50 for each friend (up to $500 annually) who opens a Chase checking account. In addition, your referral will get a reward, which varies on the type of account they open.

Referral fee/reward: $50

Website: Chase Bank referral program

SoFi

SoFi referral program.

SoFi creates financial products to help people borrow, save, spend, invest, and protect their money so that they can achieve financial independence and realize their goals.

Their referral process allow you and your referral to each get $10 in reward points for SoFi Money, SoFi Invest, or toward an eligible SoFi loan.

Referral fee/reward: $10 in reward points

Website: SoFi referral program

TurboTax

Turbotax referral program.

TurboTax is a user-friendly and uncomplicated tax software that helps taxpayers keep more of their hard-earned money. It offers the convenience of preparing and e-filing your tax return from virtually any computer or mobile device with internet access.

Invite your friends to file with TurboTax, and you will get a $25 gift card for each referral. Furthermore, your referrals get up to 20% off online federal products.

Referral fee/reward: $25

Website: TurboTax referral program

Wise

Wise referral program.

Wise is a global money transfer services company helping people save, hold, and spend multiple currencies efficiently and affordably. It offers transparent money transfer and payment services for personal and business customers.

Every friend that you invite to Wise will get a discount on their first transfer. There are many different rewards. For example, with one program in the UK, you’ll get £50 once three invited friends make a qualifying transfer of at least £200 each.

Referral fee/reward: £50

Website: Wise referral program

Investing & trading

Acorns

Acorns referral program.

Acorns was the first company to offer micro-investing to the world. It can automatically invest your spare change and lets you invest as little as $5 or regularly invest into a portfolio of ETFs. It offers banking and ecommerce savings too.

When your referrals invest at least $5 in their new Acorns Invest accounts, they’ll receive a $5 welcome bonus. In addition, Acorns will also give you a $5 thank you reward.

Referral fee/reward: $5

Website: Acorns referral program

Charles Schwab

Charles Schwab referral program.

Charles Schwab provides a full range of brokerage, banking, and financial advisory services, including trading, investment management/products, financial planning, research, and more.

Every referral who becomes a Schwab client and makes a qualifying deposit gets you up to $500.

Referral fee/reward: Up to $500

Website: Charles Schwab referral program

Robinhood

Robinhood referral program.

Robinhood is a stock brokerage that allows customers to buy and sell stocks, options, ETFs, and cryptocurrencies commission-free.

As soon as your referrals sign up and link their bank accounts, Robinhood will credit each of your accounts with a bonus stock. You can receive up to $500 in reward stocks each calendar year.

Referral fee/reward: Stock

Website: Robinhood referral program

Wealthfront

Wealthfront referral program.

Wealthfront helps you build wealth by allocating your money to low-cost exchange-traded funds and using tax-loss harvesting. It makes it easy to maximize your returns, lower your taxes, and grow your money.

When a referral opens or funds an investment or cash account, you’ll both get $5,000 managed for free.

Referral fee/reward: $5k managed for free

Website: Wealthfront referral program

Retail

Sam’s Club

Sam's club referral program.

Sam’s Club is a membership-only warehouse chain selling various bulk grocery items, electronics, and home goods. Walmart owns and operates Sam’s Club, founded in 1983 and named after Walmart founder Sam Walton.

For every friend who joins, you’ll get a $10 eGift card, and your referral will get a $20 eGift card. You must be a Sam’s Club member with a registered account on SamsClub.com to redeem your gift.

Referral fee/reward: $10

Website: Sam’s referral program

Walmart Grocery

Walmart referral program.

Walmart operates a chain of hypermarkets, discount department stores, and grocery stores in North America. It’s one of the biggest retailers globally and includes Sam’s Club, Jet.com, Hayneedle, Modcloth, Moosejaw, and other retail brands.

Tell your network about Walmart pickup and delivery, and first-time users will receive $10 off their first order. Once they complete their first order, Walmart will send you a $10 promo offer for your next order.

Referral fee/reward: $10

Website: Walmart referral program

Telecoms

AT&T

AT&T referral program.

AT&T offers mobile phones, broadband, fixed-line telephone, home security, network security, and business services. It’s one of the largest telecom companies in the United States.

When a referral activates a new AT&T prepaid monthly plan, you’ll get a $25 credit, and they’ll get one month free (a $75 value). Additionally, you can refer up to 10 friends.

Referral fee/reward: $25

Website: AT&T referral program

T-Mobile

T-mobile referral program.

T-Mobile is a leading provider of phones and telecommunication services. You’ll receive a $50 prepaid virtual MasterCard card for each new qualifying account you refer (up to $500 in a calendar year). Additionally, your referrals will receive discounts on plans and services.

Referral fee/reward: $50

Website: T-Mobile referral programs

Other referral programs

Casper

Casper referral program.

Casper sells mattresses direct-to-consumer, eliminating commission-driven, inflated prices. It also sells pillows, bed frames, bedding, and accessories.

Get a $75 Amazon gift card when a friend purchases their first Casper mattress. Your referrals will get 20% off their mattress orders.

Referral fee/reward: $75

Website: Casper referral program

Coursera

Coursera referral program.

Coursera partners with 200+ leading universities to bring flexible, affordable, and job-ready e-learning to students worldwide. It offers online courses, specializations, professional certificates, degrees, and more.

When your friends make their first purchase, you’ll both get 50% off a course or the first month of a specialization subscription.

Referral fee/reward: 50% off

Website: Coursera referral program

Purple

Purple referral program.

Purple is a comfort-first company and sells mattresses, pillows, seat cushions, bedding, pet beds, and more. Customers can buy online and in different retailers across the United States.

Send your friend up to $350 off toward their first purchase at Purple. Once your friend makes a purchase, you both will get a gift card up to $75. Of course, the more your friend spends, the greater the reward for you both.

Referral fee/reward: Up to $75

Website: Purple referral program

SPANX

Spanx referral program.

SPANX offers slimming intimates, body shapers, hosiery, apparel, and the latest innovations in shapewear for women and men. From the United States to Singapore, SPANX is available worldwide in more than 50 countries.

Get $20 for every referral who purchases $75 or more, and your referral will get 15% off.

Referral fee/reward: $20

Website: SPANX referral program

Smile Direct Club

Smile Direct Club referral program.

Smile Direct Club helps more people realize the life-changing potential of their smiles. They state that they are revolutionizing the oral care industry with innovative and affordable products and therapies. Give $100 to your referrals and get $100 for their aligner purchases.

Referral fee/reward: $100

Website: Smile Direct Club referral program

Tesla

Tesla referral program.

Tesla wants to accelerate the world’s transition to sustainable energy through increasingly affordable electric vehicles in addition to renewable energy generation and storage. It’s committed to developing best-in-class in safety, performance, and reliability standards.

Through Tesla’s referral program, orders for their cars and solar products are eligible for referral rewards.

Cars – You and anyone using your referral link can each earn 1,000 miles of free Supercharging with the purchase of a new Tesla car.

Solar – Anyone using your referral link can earn a $100 award after activating their new solar energy system or Solar Roof while reducing reliance on the grid and producing clean solar energy. You’ll earn $400 for each solar referral. Additionally, you will earn one Powerwall when you refer 10 solar customers, limited to one award.

Referral fee/reward: various

Website: Tesla referral program

How to choose referral programs

Beyond our list, we recommend referring reputable and established companies with rewards and offers that you want to earn. Moreover, focus on recommending products and services that you genuinely love to get others excited.

How to promote your referral link

It’s easy to promote referral offers to your friends and network. The most common ways are emails, a website, social media, and chat apps.

Emails

Depending on how often you plan to send emails containing your referral code or link, you may use a free email service (Google, Yahoo, Outlook, etc.) or an email marketing service such as GetResponse. Your email needs partially depend on your intended audience, for example people you know versus strangers. For the latter, email marketing and spam laws focus on user/recipient rights, including consent, privacy, and data.

For instance, suppose you’ll send monthly emails to a small group of high school friends – a free email service would suffice. By contrast, suppose you own a public Facebook group and get members to sign up for your monthly newsletter. In that case, you should consider using an email marketing service. You can try GetResponse free for 30 days.

Website

While plenty of free third-party websites and blog platforms exist (Medium, Blogger, etc.), there’s nothing like having a website that you fully control. GetResponse’s free website builder allows you to develop an online presence quickly. It uses artificial intelligence (AI) to create eye-catching websites in a very short time. You can also build a website from scratch with stylish templates and a visual drag-and-drop editor. Best of all, you don’t need to know how to code, making for a hassle-free experience.

With a website, you can create a page about your favorite companies and add your referral code or link. Whether on social media or through emails, you can direct your friends to that page. Add images and calls-to-action to your page for extra pop and more clicks.

Start building with GetResponse’s free website builder.

Social Media

Grab your referral link and post it on Facebook, Twitter, and LinkedIn. Facebook offers many opportunities, including your profile, pages, and groups. Also, add some text for what your post is about to entice people to click on your link. A link by itself won’t be very appealing and may even appear spammy.

If you occasionally upload videos to YouTube, add your link to your descriptions. Consider where you can post your link on Instagram, Pinterest, and Tik Tok.

Chat Apps

Send your link to your contacts through popular chat and instant messaging apps, including WhatsApp, Messenger, iMessage, Viber, and Signal.

Ready to refer?

Now that you have the knowledge and insights to go forward collecting referral rewards through these successful referral programs, consider which is your favorite referral program? If it seems like you’d like the chance to earn a little something extra for referring new customers, suggesting products or services you actually use and believe in, or even reaching out to encourage others outside your network to try them out, now you’re ready to refer and earn.

And if you are interested in affiliate marketing, go ahead and leave a comment and let us know.



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