I’m Lisa, part of the Monzo product marketing crew. I work on bringing more people to Monzo through referrals.
Over the next few weeks, we’re experimenting to see if different rewards inspire more of you to bring your friends to Monzo. A randomly selected group of users will join this little adventure, so some of you might spot a new referral offer featuring a mystery reward of up to £50!
Here’s how it works: You can refer friends whether you’re in the experiment or not. But if you are in the experiment, you and the friends you refer can earn a mystery reward of £10, £20 or £50. They just have to sign up and complete their first payment with Monzo.
We’re just testing the waters, so we might tweak or end the experiment at any time. If you get a chance to try it, let us know what you think.
I’ve always been cautious on this, as that stranger could carry out alsorts of fraud and come back as a link to you at the bank and have your account closed too.
Maybe that’s me and my fraud head though, I’d like to think the majority have been fine.
It would be nice if you were up front about the odds, showing it on that page in the screenshot. I find it to be very contemptible when organisations aren’t transparent with the associated chances of randomised rewards. I Would rather you made it a flat tenner (beats the current £5) than dangle an elusive £50 carrot in front of folks. That’s the only feedback I have for you.
Referral programs are not for me. If I refer someone to Monzo it’ll be because I like Monzo and believe it is a good fit for the person I’m referring. Not because I get a kickback.
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Anarchist
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