MoneyLion is a financial platform that offers banking, loans, investing and more through a single mobile app. MoneyLion has an attractive referral program where you can earn free stock rewards for referring your friends and family. For each successful referral who signs up and completes the qualifying actions, you receive a stock reward valued up to $200. In this article, we’ll explain what MoneyLion is, the details of their referral program, the benefits of participating, and tips to maximize your free stock earnings.
What is MoneyLion?
MoneyLion is an all-in-one financial platform where users can bank, borrow, invest, and earn rewards. The MoneyLion mobile app combines banking, lending, and investment accounts. Key products include:
- Fee-free checking account with no minimum balance
- Managed investment accounts
- Low cost instalment loans and cash advances
- Credit monitoring and financial tracking
By consolidating financial services in one app, MoneyLion aims to provide an easier, more affordable way for users to manage their financial lives.
How the MoneyLion Referral Program Works
MoneyLion rewards you for referring new users. Here are the details on how it works:
- Share your unique link – Your MoneyLion referral link can be accessed in the mobile app. This link allows MoneyLion to track your referrals.
- Refer friends – Share your link via text, email, social media, etc. Refer friends and family first to increase success rate.
- Get a stock reward – After your referral signs up, links a bank account, and receives their first cash advance, you earn a free stock.
- Stock value – Each referral stock is valued between $5-$200. The average value is $15-25.
- Sell the stock – You can sell the stock for cash or keep it invested in your MoneyLion account.
Benefits of the MoneyLion Referral Program
There are great benefits to the MoneyLion referral program:
- Earn free stocks – Who doesn’t like getting free stocks? No monetary investment is needed from you.
- Stocks valued up to $200 – With the potential to earn higher value stocks, this program can be very lucrative.
- No referral limit – Refer as many people as you want. The more referrals, the more stocks you can earn.
- Easy tracking – You can easily monitor your referrals and stock rewards inside the MoneyLion app.
- $20 account bonus – Your friend also gets $20 cash when they sign up and receive their first advance.
Read: Earn 300$ a Day with this Easy Method – Sofi Referral Program
Tips to Maximize Your Stock Earnings
Follow these tips to earn the most stocks possible from MoneyLion referrals:
- Share on social media – Promote your referral link on platforms like Facebook, Twitter, Instagram. Leverage your existing social networks.
- Text friends & family – Text your link directly to friends and family. Start here as it has a high success rate.
- Email marketing – Email groups of people like coworkers, classmates, sports teams, etc. Tell them about MoneyLion and share your link.
- Offer incentives – Give friends an added incentive for using your link, like cash bonuses, gift cards, discounts, etc.
- Join forums – Share your referral link on forums focused on investing, side income, and personal finance.
- Use a link shortener – Shorten your referral link with bitly.com before sharing to improve clicks.
Read: Easy Way to Earn $75 with Brigit Referral Program
Step-by-Step Guide to Earning Stocks
Follow these simple steps to start earning stock rewards with MoneyLion:
Step 1: Sign Up for MoneyLion
Download the app, complete the registration process and link your bank account. Be sure to enable stock rewards.
Step 2: Find Your Referral Link
In the MoneyLion app menu, go to “Share” then “Refer Friends” to access your unique referral link.
Step 3: Copy Your Referral Link
Copy your referral link to make it easy to share through text, email, social media, and other channels.
Step 4: Promote Your Link
Start sharing your referral link with your networks through different platforms. Ask friends and family first.
Step 5: Track Link Clicks
Log into your app to see who clicks your link and monitor new account openings.
Step 6: Get Your Stock Reward
Once your referral completes signup and receives their first cash advance, you’ll receive an instant stock reward!
Conclusion
With the MoneyLion referral program, you can earn free stocks valued up to $200 simply for referring friends. It costs nothing to participate and you can refer as many people as you want. Follow the tips in this article, consistently share your link, and watch your stock portfolio grow.