Credit Cards Deals

CardUp offering up to S$200 credit and S$50 GrabFood vouchers for each new user referral

Pick up cash credits and GrabFood vouchers for referring new personal and business users to CardUp for the rest of July.
EXPIRED This article relates to an offer or promotion which has now expired.
 

Credit card payments platform CardUp has enhanced its new member referral programme for the rest of July 2021, adding between S$15 and S$50 of GrabFood vouchers to its usual payment fee credits each time you successfully refer a personal or business user.

Most of our readers are already familiar with CardUp, but if not then it’s effectively a way to let you use your credit card to make payments that normally don’t accept this method, earning rewards points and miles in the process.

Options include rental, insurance, education fees and most recently mortgage instalments. There’s a fee involved, so think of it as a way to buy miles at a specific rate.

For businesses, CardUp allows them to better manage cash flow and some other processes like collecting payments.

The other major player in this space is ipaymy, which runs its own referral scheme.

CardUp referral programme

CardUp’s regular referral programme running until 31st December 2021 awards you with the following gifts when a new user signs up using your referral code and makes their first payment:

  • Up to S$30 off the fee for a new CardUp payment* each time you successfully refer a new personal user.
  • Up to S$200 off the fee for a new CardUp payment* each time you successfully refer a new business user.

* Payment must be made within 90 days of receiving the promo code

Your referee will also receive up to S$30 (personal) or up to S$200 (business) fee discount on the first payment when they apply your invite code.

Any unused portion of the discount will not carry over to a subsequent payment. The discount is only offset against CardUp’s usual 2.6% fee when applied to a user’s first payment or a referrer’s new payment. It cannot be combined with other promotional offer (discounted fee) codes.

The maximum number of referrals permitted per user is 20.

Both the invite promo and the referral promo are valid on payments with no minimum amount required.

July 2021 Flash Referral Campaign

This month CardUp is sweetening the deal for those of you making referrals, with an additional gift in the form of GrabFood vouchers.

(Image: CardUp)

For a limited time only, you can receive up to S$50 GrabFood Voucher for each contact you successfully refer to us during the July Flash Referral Campaign period.

CardUp

Here’s what you’ll get for making referrals from 9th July 2021 till 31st July 2021:

  • Up to S$30 off the fee for a new CardUp payment*, plus S$15 in GrabFood vouchers, each time you successfully refer a new personal user.
  • Up to S$200 off the fee for a new CardUp payment, plus S$50 in GrabFood vouchers, each time you successfully refer a new business user

* Payment must be made within 90 days of receiving the promo code

For example, if you successfully refer four new personal users and one new business user, you’ll be entitled to receive:

  • S$120 CardUp credit (in the form of 4 x S$30 discount codes*) and S$60 in GrabFood vouchers (in the form of 4 x S$15 vouchers), for the personal user referrals, plus
  • S$200 CardUp credit (in the form of 1 x S$200 discount code*) and S$50 in GrabFood vouchers (in the form of 1 x S$50 voucher), for the business user referral

* Payment must be made within 90 days of receiving each promo code

You’ll receive the CardUp credit redeemable via a promo code by email upon each successful referral.

You’ll receive the GrabFood Vouchers by email within one month from 4th August 2021 (i.e. by 4th September 2021), provided all the criteria are fulfilled.

You can find your personal referral code by logging in to your CardUp account and clicking on the ‘Refer & Save’ link in the menu.

Full terms and conditions for this July 2021 referral bonus offer are available here, which should also be read in conjunction with CardUp’s year-round referral bonus terms here.


 

 

Summary

Most of our readers are already CardUp account holders, but that doesn’t mean that you can’t refer friends and family to the programme.

With a S$30 discount, they’ll effectively get a fee-free payment up to around S$1,150 the first time they use the service, based on the regular 2.6% fee, and now not only will you get the same credit against a future payment, but S$15 in GrabFood vouchers will also be coming your way for each referral.

If you’re able to refer new business users – even better, with the CardUp credit hiked to S$200 as usual but also coming with a S$50 GrabFood voucher to boot.

(Cover Photo: CardUp)

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