If you are thinking of making some extra cash, there are several ways you can do so without spending a single penny. Some of these methods include Refer-a-Friend schemes, cashback sites, Current account switching offers, and Zelf messenger bank. But there is more! Read on to discover how to get free money UK-style. You may even be surprised! Here are some of the most popular ways to earn money for doing nothing!
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Refer-a-Friend schemes
Refer-a-Friend schemes are popular among consumers because they allow customers to earn money for their referrals. Many of these schemes can be turned into a side hustle if you take advantage of social media. In addition to free money, you can also earn a referral bonus if you refer a friend who uses the same service. This is possible only if you are a member of the refer-a-friend scheme’s referral program.
Three, for example, offers referral rewards with a PS25 Amazon gift card voucher and free mobile broadband for a year. You can earn as many credits as you like, and there is no limit to how much money you can earn by referring friends. There are many other Refer-a-Friend schemes in the UK that are worth pursuing. However, you should keep in mind that you have to refer a friend to earn these rewards.
Cashback sites
Getting cashback from shopping online is easy with the many cashback sites available. Some of these cashback sites are free to join, while others will charge you an annual fee to use their services. Once you have registered on a cashback site, you can find deals from your favourite retailers and follow the link to the retailer’s website. If the cashback is higher than the advertised price, you can buy more.
The top UK cashback site is Quidco, which has more than 10 million members and has earned over PS500 million. It claims to offer the highest cashback rate, with the average member earning PS300 per year. You can sign up on Quidco for free, but you need to upgrade to unlock additional benefits. Premium members can earn over PS300 a year, and they also offer regular promotions.
Current account switching offers
Most banks offer a seven-day Current Account Switch Service. It is backed by a guarantee and will reimburse any charges and interest. However, some restrictions apply. You must be able to repay your current overdraft limit before switching. If you do not have a high overdraft limit, the new account may not offer the same interest rate as your old one. The best way to find the best current account is to use a comparison website. It is free to use and works with nearly every bank in the UK.
The most common offer is to give you PS125 for switching your current account. This is an attractive offer, but you’ll need to close your existing account first to qualify. There are also several conditions that you need to meet to take advantage of the deal. For example, if you want to get PS170 for switching your current account to HSBC Advance, you will need to make a minimum deposit of PS1,500 within 60 days of opening the account and switch two standing orders or direct debits.
Zelf messenger bank
In addition to its virtual card, Zelf also offers basic banking operations. Users can pre-order their card and link it to Apple Pay or Google Pay, check their balance, send money, create invoices, and request reports on transactions. In the EU, Zelf will soon launch its no-card banking service. It will start in France, then move on to Poland. There are several ways to get free money from Zelf, including signing up for their newsletter.
The app also offers a light KYC for PS150, which enables users to quickly and securely send money to other Zelfers. All users must do is text a picture of their ID and proof of address to Treezor and they’ll process your application within 24 hours. Under 18 years old? You’ll need a parent’s consent to use Zelf. As a final note, Zelf will eventually expand to offer loans in the UK.