Referral Code vs. Promo Code: What’s the Difference?

If you’ve ever reached the checkout or sign-up screen on Yousend and paused at the boxes asking for a “Referral Code” or “Promo Code,” you’re definitely not alone!

 

While both give you discounts, cash bonuses, or free transfers, they work in completely different ways. Using the wrong one in the wrong box means missing out on free rewards.

 

Here is a simple breakdown of the difference between a referral code and a promo code, and how to use both on Yousend.

What is a Referral Code? (Share the Love & Get Paid)

A Referral Code is a unique personal invite code tied directly to an existing user’s account.

 

When a friend who already uses Yousend invites you to join, they give you their unique referral code.

How it works

• Who gives it to you: A friend, family member, or colleague who uses Yousend.
• When to enter it: Right when you create your new account during the registration process. It can’t be added after you’ve already signed up.
• The Reward: It’s a two-way street! Once you verify your account and complete your first qualifying cross-currency transfer (e.g., sending £50 / $100 CAD or more), and both you and your friend have met your own account’s minimum funding requirement, you’ll each get a reward credited to your Yousend wallets (e.g., £5 / $10 CAD / ₦10,000 / 10,000 KES). Rewards are held as pending for 7 days after the transfer before they’re credited.
• Both the referrer and the referred friend must meet the programme’s minimum funding requirement in their own account currency, at any point since signing up.
• The Golden Rule: You can only use a referral code once, as a brand-new user when signing up.

💡 Bonus: Once you’re signed up, you get your own unique referral code under Invite & Earn in your app, ready whenever you want to invite friends and earn rewards.

What is a Promo Code? (Seasonal Discounts from Yousend)

A Promo Code is a special campaign coupon code issued directly by Yousend to give you a discount or fee waiver on a transfer.

 

Think of it like a store coupon or discount voucher.

How it works:

• Who gives it to you: Yousend directly (via app notifications, marketing emails, or seasonal campaigns like WELCOME£5 or WELCOME10CAD).
• When to enter it: On the Review Details screen right before you confirm and pay for a specific transfer.
• The Reward: It gives you an instant discount on your transfer or waives fees. For example, a welcome promo code might let you send £50 while only taking £45 from your bank account.
• The Golden Rule: Promo codes are temporary and tied to specific promotional periods or transfer limits.

How to Claim Both on Yousend

Step 1 (Signup): Download the Yousend app. When registering, enter your friend’s Referral Code in the registration field to link your accounts for your signup cash bonus.

 

Step 2 (Verification): Complete your 60-second identity verification.

 

Step 3 (First Transfer): Set up your transfer amount. On the review screen, tap “Got a promo code?” and enter any active Yousend Promo Code to get an instant discount on your payment!

 

Step 4 (Collect Rewards): Complete your transfer. You get your transfer discount; rewards are held as pending for 7 days after the transfer before they’re credited.

Never Miss Out on Rewards Again

Now that you know the difference, grab your friend’s referral code before signing up, and keep an eye on your Yousend app notifications for the latest promo codes!

 

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