Hello there! Do you want an extra source of income? Or, are you interested in making some cool cash without having to risk investing a start-up capital? Do you just want to make some more productive use of your mobile phone, in generating some cash for yourself? If your answer to any of these questions is YES, then you’ve got yourself an opportunity to achieve just that by following this article to the end! This article discusses in detail the top 10 refer and earn Aapps in Nigeria 2020.
In the following paragraphs, you’ll get to know about a few mobile apps which pays you just for referring others to use the app.
But before going through these apps, here are a few things I feel you need to note before you could start earning:
- You need to be a registered user of the applications.
- You’ll need some data particularly for installing and running the applications.
- Trying to earn an income from this apps is NOT a Get-Rich-Quick thing. The earnings from these apps are not always gigantic, although they could add up really quickly if you out in more effort.
- The earnings may seem so little at the first. But don’t be discouraged; the more the referrals you make, the more you earn.
- You don’t need any special skill to start and/or manage these apps or the referral process. You can simply use the traditional methods to get new referrals from time to time; and finally
- You can start right away!
Top 10 Refer And Earn Apps in Nigeria 2020
See some of the top 10 refer and earn apps in Nigeria 2020 below:
(1) SumoTrust Affiliate
SumoTrust affiliate is a refer-and-earn program by a Nigerian-owned financial oraganization named SumoTrust. They are an automated investment/savings, learning and finance management organization. They help users in effectively planning their money, as well as make wiser financial and business decisions. Users set savings goals, and work towards achieving them over their forecast time. They also have other options where you can fix your savings you don’t want to spend over a period of time.
But how does their affiliate program work?
All they want from you is to share a referral link gotten from your Affiliate Earnings section in the account which you have with them. Send it to your friends on various social media handles such as Twitter, WhatsApp, etc. and ask them to join Sumotrust.
For each successful referral that registers and saves up to seven thousand five hundred naira (N7,500), you earn six hundred naira on the go! You can reach them on sumotrust.com or download their app from your respective application store.
(2) Motute Affiliate
Motute is an education-based app in partnership with SumoTrust. Motute (a.k.a. Mobile Institute) is a learning and teaching marketplace which connects instructors in various fields from around the world to organizations, individuals or group of individuals towards imparting novel skills and knowledge in building better careers as well as gaining financial freedom.
To participate in Motute referral program:
- Download the app from your respective stores
- Register with them
- Then tell your family and friends about buying a course with them.
For every sale you bring to Motute, they pay you 25% commission. There you go.
(3) VFD Microfinance Bank App
VFD Microfinance bank app is a financial institution that operates a little differently from your regular bank. VFD microfinance bank boasts of putting out “Nigeria’s first truly virtual bank,” V. The application is free, and there aren’t any hidden charges either for funds transfer within or outside VFD.
How can you make money through VFD Microfinance bank app referral program?
Veelager is a platform on V which allows you to make money through referrals to the bank. Refer 25 people to V app and get thirty thousand naira, provided they continue banking with VFD. But that’s not the highest they pay for referrals. The more you refer, the more you earn. It’s as simple as that.
(4) FairMoney App
Fair money lends money to borrowers. You could loan up to five hundred thousand naira from them, all depending on their assessment of your financial profile or history. As soon as your application is made and approved, you get your credit alert from the bank, of course, with terms and conditions which you’ll agree to.
However, whenever you successfully make a referral to the app, FairMoney gives you a five hundred naira discount. Does it look too little? Multiply that by twenty and see what you get. The choice is yours to make.
(5) Cowrywise App
Cowrywise is a financial organization, just like VFD which allows customers to save, invest and get interests over a period of time at interesting rates. Their savings and investments also come with security just as you’ll find in traditional commercial banks.
As a form of encouragement to customers towards referring others to them, Cowrywise rewards her customers. You could earn up to five hundred naira per referral as a Corporate ambassador with Cowrywise.
(6) Luno App
Luno app deals in different types of cryptos, especially etherium and bitcoin. The app could also be used for savings, apart from trading.
For every referred user that purchases BTC worth five thousand naira, Luno rewards you with two hundred and fifty naira worth of bitcoin. Like I’ve always said, the more the referrals, the more you earn.
(7) JumiaPay Nigeria
JumiaPay, as you may already have guessed, is a subsidiary of the renowned ecommerce platform, Jumia. JumiaPay is a free online payment app that allows you to recharge your phone, book a ride, order your food, or even pay utility bills.
When you invite anyone to use the app, JumiaPay pays you N500 when your referrals spend above the same amount using the app. There you go.
(8) Carbon App
Next on our list is Carbon App. Carbon App, formerly known as PayLater, is a nice app for investing money, making loans or making payments.
Carbon App does not charge you for transactions done on the app: interesting if you asked me.
In a means of providing more earning platforms for its customers, Carbon app pays five hundred naira per referral when the referred repay their first loan.
(9) Branch App
Branch is an online lending platform that provides loans to customers. They offer loans ranging from N1, 500, up to N150, 000.
On every referral you make, Branch pays both you and the referred N500.
(10) Piggyvest App
And last but not the least, is Piggyvest App. Like Cowrywise, Piggyvest allows you to save, invest and earn interests over time.
When you make referrals, and they complete their profile, you earn N1000 on each referral. Multiply that by fifteen and see how much you’ve got.
There you have it: various applications which pay you for just making referrals via your social networks. The choice is now yours to make: will you take it or will you leave it? Make a move today and earn by just referring people – friends, family, even strangers to use any of these apps today!