In the last month Iāve helped introduce 3 family members and a friend to Monzo via the use of golden tickets. I think āintroduce a friend and get Ā£10 eachā should have at least been implemented as a reward for my recruiting drive
Anyone agree we should be rewarded for our efforts?
āPeople pay their hard earned cash into Monzoā? How do you imagine Monzo is going to make money if they give out more money than people will presumably lose out through interest though not every bank account gives interest and at the moment some people still use the card like a prepaid one. I donāt think they need or can afford to give out such rewards
Iām looking at it from my perspective as Monzo is not my business. Iāve chosen Monzo over banks that do give an interest rate and Iāve advertised for Monzo and brought 4 others in. I just feel that should get recognition. If not a monetary reward then something else.
lol I think your reward is that your friends and family get more insight and control of their financial lives with the features that Monzo and the likes of Monzo have , and you have enabled them to achieve that by recommending Monzo - whether they choose to make use of that facility is up to them if they do they will be financially more astute forever
I tell people about products I like and use all the time but I donāt expect recognition. I expect that itās a product theyāll like.
If you introduce rewards itāll just lead to people signing up and not using the account so the referer can get something.
Account growth is hardly stagnant so there doesnāt seem any need
Maybe you could cost your proposal, and let us know the cost per user? Because until youāre able to do that, itās just āI think Monzo should give me free moneyā
Letās not get our wires crossed. I like Monzo and I like itās services and I generally like the way people react to questions on this chat. But I also think itās important to ask the question of reward. It leaves food for thought for others and thatās how we make change. The question is out there now and Iām delighted. Have a good day everyone. Ciao.
I donāt understandā¦ do you want a medal or something? Iāve recommended more people (and Iām sure others have as well) because I genuinely like the features and I think it is useful to other people as well. I donāt recommend something just so I can get monetary rewards.
If you just want a tracker/ counter I think the staff have mentioned they did consider doing an āinfluenceā tracker before but idk if it will actually be made.
You talked about recruiting drive, so I mentioned medals as a sort of gamification system instead of a monetary reward (which is impossible right now), since itās a question that has been asked before- people want to know how many people they have invited. There are a couple of threads floating about with the same question. Maybe I should have softened it with a couple of emojis?