The PayPal Referral Program is an initiative by PayPal which gives both new and current members of PayPal, a bonus of $5. This bonus money is deposited directly into PayPal accounts of PayPal’s customers.
The members who are currently a part of PayPal and have an access to the referral program can refer to the new members for PayPal, and both the members, current as well as new members will receive a $5 bonus after the new member makes an eligible purchase of $5 or more from any merchant that accepts PayPal within the 14 days of joining PayPal.
PayPal Referral Program
This refer-a-friend promotion of PayPal is separate from the PayPal Prepaid Card Referral Bonus that is also currently available with PayPal. This promotion of refer-a-friend is also not related to the PayPal Merchant Referral Program that was available with PayPal in the past.
Also Read: Google Adsense Vs. Affiliate Marketing
This refer-a-friend promotion is an entirely new PayPal consumer account referral program that allows both the new joining as well as the current members to get an extra $5 bonus which is deposited into your PayPal accounts.
Getting a $5 PayPal New Account Bonus:
To get a $5 PayPal bonus deposited for a new account, you need to follow the given steps below:
- First of all, click on the PayPal Referral Link that might be provided by Y0ungPup on Reddit Beer money. This PayPal referral link that we are talking about will be found under a text labelled as “REF LINK” at the top.
- Next, you will be required to sign up for a free PayPal account with your existing email address and password.
- After you are successful with the sign-up process, get something online using PayPal at any merchant that accepts PayPal and spend $5 or more within the first 14 days of joining.
- You will get a $5 bonus which will be deposited in your PayPal account after you are successful in making your first eligible purchase with PayPal.
Getting PayPal Referral Program $5 Bonuses
When a current PayPal member refers PayPal to a new member, then both, the current member as well as the new member will receive a $5 bonus after the new member makes a successful purchase of $5 or more within the first 14 days of joining.
To get bonus using the PayPal referral offer, the referrers must have a valid U.S. PayPal account in a good position at the time of which they send an invitation and when the rewards are issued.
Also Read: Google Adsense Alternatives
The transaction for the referee will be considered eligible when the referee makes an online checkout payment of at least $5 USD, that will be marked as “complete” in the referee’s account and this transaction should not have been cancelled, refunded, or reversed by both the referee and the seller or either one of them. Send Money payments are not eligible for this referral program.
Referrers and referees can earn up to $100 USD in rewards through this program.
However, this offer is valid for only U.S. PayPal accounts.
The $5 rewards will be deposited to your PayPal account as soon as the referee completes their first eligible transaction.
Though the standard rewards are $5, this amount can vary in accordance with any special promotions or alternative offers that may be going on.
You can go through the full Terms & Conditions of the PayPal referral promotion for additional details about sharing your PayPal referral links at the PayPal page.
Accessing Your PayPal Referral Link:
You should keep a note that the PayPal referral offer appears to be targeted to some selected users at this time.
It was reported that some users were unable to locate their referral link within their PayPal accounts respectively.
It is very much possible that at present time this offer is available for some selected users’ accounts or that the links are only sent out to selected users through email. At present, it does not seem that this program is openly available to all PayPal account members.
You can also have a look and check in the PayPal App to see if you have the access to your referral link from the app, as that is reported as a better working source in accessing the referral program.
I hope that this article would have given you some information regarding the PayPal Referral Program. If you have the access to your PayPal referral link, you can freely share it with your friends and family, but please keep in mind to review the terms of their program before referring.
Also remember to follow the requirements of the program closely, so that you do not violate their terms unknowingly and lose any referral rewards that you may earn.