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Earn Money By Referring Credit Cards Online In India

Credit cards are a popular mode of payment in India, and banks are always looking for new ways to acquire customers. One way they do this is through referral programs. Referral programs allow existing customers to earn rewards for referring their friends and family to apply for new credit cards.


If you're looking for a way to earn some extra money, referring credit cards online can be a great option. It's a relatively easy way to make money, and you don't need any special skills or experience to get started.

Earn Money By Referring Credit Cards Online In India
Earn Money By Referring Credit Cards Online In India

How to refer credit cards online in India

To refer credit cards online in India, you'll need to sign up for a referral program. Most banks and financial institutions offer referral programs, and you can usually find information about them on their websites.


Once you've signed up for a referral program, you'll be given a unique referral link. You can share this link with your friends and family, and if they click on the link and apply for a new credit card, you'll earn a reward.


The amount of the reward you earn will vary depending on the bank and the type of credit card you're referring. Some banks offer a flat fee, while others offer a percentage of the annual fee.


How much money can you make by referring credit cards online?

The amount of money you can make by referring credit cards online depends on how many people you refer and the type of credit cards you're referring. However, it's possible to earn a significant amount of money if you're successful.


For example, Axis Bank offers a commission of up to ₹3500 on every successful credit card disbursal. This means that if you refer 10 people who all get approved for Axis Bank credit cards, you could earn up to ₹35,000.


Tips for successful referring credit cards online

Here are a few tips for success with credit card referral programs:

  • Target the right people: Focus on referring people who are likely to be approved for a credit card and who are likely to use it frequently.

  • Promote the right credit cards: Some credit cards offer more attractive rewards and benefits than others, so focus on referring cards that are likely to appeal to your friends and family.

  • Don't be afraid to ask for referrals: The more people you ask, the more likely you are to make money.

  • Be patient: It takes time to build up a successful referral business. Don't get discouraged if you don't see results immediately.

Popular App To Earn Money By Referring Credit Cards

There are many popular apps that allow you to earn money by referring credit cards. Some of the most popular ones include:

1. BankSathi

BankSathi is a mobile app that allows users to earn money by selling financial products, such as credit cards, loans, and bank accounts. BankSathi also has a referral program that allows users to earn money by referring their friends and family to the app.


BankSathi - Earn Money by Referring Credit Card Online
BankSathi - Earn Money by Referring Credit Card Online

To earn money by referring credit cards on BankSathi, simply follow these steps:

  1. Sign up for a BankSathi account and become a BankSathi advisor.

  2. Generate your BankSathi referral code or referral link.

  3. Share your referral code or referral link with your friends and family.

  4. When someone signs up for a BankSathi account using your referral code or referral link, they will become your referral.

  5. When your referral sells a credit card on BankSathi, you will earn a commission on their sale.

The commission rate for referring credit cards on BankSathi varies depending on the credit card issuer. However, most credit card issuers offer a commission rate of around 2-3% of the total loan amount.

Here is an example of how much money you could earn by referring credit cards on BankSathi:

  • If you refer a friend who sells a credit card with a total loan amount of ₹100,000, you could earn a commission of ₹2,000-3,000.

  • If you refer your entire family to BankSathi and they all sell credit cards, you could potentially earn thousands of rupees in commissions.

In addition to earning commissions on your referrals' sales, you can also earn a 10% lifetime commission on all of their future sales. This means that if you refer someone to BankSathi and they continue to sell financial products on the app, you will continue to earn money from their sales, even if you do nothing else.


Overall, the BankSathi referral program is a great way to earn money by referring credit cards to your friends and family. The commission rates are competitive and you can even earn a lifetime commission on your referrals' sales.


2. GroMo

GroMo is a fintech company that allows you to earn money by referring credit cards online. You can download the GroMo mobile application online and sell financial products online to potential customers. You will be entitled to receive commissions whenever someone buys a credit card from your referral link.


GroMo - Earn Money by Referring Credit Card Online
GroMo - Earn Money by Referring Credit Card Online

GroMo has partnered with a number of leading credit card issuers in India, including Axis Bank, Bajaj Finserv, IDFC First Bank, and IndusInd Bank. You can earn a commission of up to ₹3000 for every successful credit card referral.


To earn money by referring credit cards on GroMo, you need to follow these simple steps:

  1. Download the GroMo app and register using your bank account and KYC details.

  2. Select the credit card you want to refer and generate a referral link.

  3. Share your GroMo referral link with your friends and family.

  4. Whenever someone clicks on your referral link and applies for and is approved for a credit card, you will earn a commission.

Your commission will be credited to your GroMo wallet within 7-10 days of the successful credit card application. You can then withdraw your commission to your bank account.

Here are some tips for earning more money by referring credit cards on GroMo:

  • Promote credit cards that offer high commissions.

  • Share your referral link on social media and with your network of friends and family.

  • Write blog posts and articles about credit cards and include your referral link in the content.

  • Create and share videos about credit cards on YouTube and other video sharing platforms.

By following these tips, you can easily earn a significant amount of money by referring credit cards on GroMo.


3. Zet

Zet (previously OneCode) is a mobile app that allows users to sell financial products, such as credit cards, loans, and bank accounts, online. Zet also has a referral program that allows users to earn money by referring their friends and family to the app.


Zet - Earn Money by Referring Credit Card Online
Zet - Earn Money by Referring Credit Card Online

To refer a friend to Zet, simply share your unique referral code with them. Once your friend signs up for Zet and applies for a credit card, you will earn a commission on the credit card's annual fee. The commission rate varies depending on the credit card issuer, but it is typically around 10-15%.


In addition to earning a commission on credit card annual fees, you can also earn a commission on your friend's loan and bank account applications. The commission rate for loans and bank accounts is typically lower than the commission rate for credit cards, but it is still a good way to earn some extra money.


The Zet referral program is a great way to earn money if you have friends and family who are interested in applying for credit cards, loans, or bank accounts. You can also promote the Zet app on social media or your blog to reach a wider audience.


Here are some tips for earning money with the Zet referral program:

  • Share your Zet referral code with as many people as possible. The more people you refer, the more money you can earn.

  • Promote the Zet app on social media and your blog. You can also create content about the benefits of using Zet and how to apply for credit cards, loans, and bank accounts through the app.

  • Target people who are likely to be interested in applying for credit cards, loans, or bank accounts. For example, you could target people who are moving to a new city, starting a new job, or planning a major purchase.

By following these tips, you can earn a significant amount of money with the Zet referral program.


4. CreditCode

CreditCode is a credit card referral platform that allows users to earn money by referring credit cards to their friends and family. CreditCode has partnered with a number of leading credit card issuers in India, including HDFC Bank, SBI, ICICI Bank, and Axis Bank.


CreditCode - Earn Money by Referring Credit Card Online
CreditCode - Earn Money by Referring Credit Card Online

To earn money with CreditCode, simply sign up for an account and create a unique referral link. Then, share your referral link with your friends and family. When someone clicks on your referral link and applies for and is approved for a credit card, you will earn a commission.


The amount of commission you earn will vary depending on the credit card that your friend is approved for. For example, you can earn up to ₹2,500 for referring a friend to the HDFC Bank Regalia credit card.


CreditCode also offers a number of other benefits to its users, such as:

  • Access to exclusive deals and offers on credit cards

  • A dedicated customer support team to answer your questions and help you resolve any issues

  • A referral dashboard to track your earnings and progress

Overall, CreditCode is a good platform for people who are looking to earn money by referring credit cards. CreditCode offers a variety of benefits to its users, including competitive commissions, exclusive deals and offers, and a dedicated customer support team.


Here are some tips for earning money with CreditCode:

  • Share your referral link with as many people as possible. The more people you refer, the more money you can earn.

  • Target your referrals. Think about who among your friends and family is most likely to be interested in getting a new credit card.

  • Promote your referral link on social media and other online platforms.

  • Provide helpful information about credit cards to your referrals. This will help them make an informed decision about whether or not to apply for a credit card.

By following these tips, you can increase your chances of earning money with CreditCode.


Earning money by referring credit cards online in India is a great way to make some extra cash. There are a number of different programs available, so you can find one that fits your needs. When choosing a program, be sure to compare the different commissions and rewards offered. You should also consider the terms and conditions of each program to make sure that you understand the requirements.


Here are some tips for earning money by referring credit cards online in India:

  • Target your referrals. Think about who among your friends and family is most likely to be interested in getting a new credit card.

  • Promote your referral link on social media and other online platforms.

  • Provide helpful information about credit cards to your referrals. This will help them make an informed decision about whether or not to apply for a credit card.

By following these tips, you can increase your chances of earning money by referring credit cards online in India.


Here are some additional benefits of earning money by referring credit cards online in India:

  • It is a flexible way to earn money. You can work on your own schedule and from anywhere in India.

  • It is a relatively low-risk way to earn money. You do not need to invest any money upfront, and you are not responsible for any financial losses that your referrals may incur.

  • It is a scalable way to earn money. The more people you refer, the more money you can earn.

If you are looking for a way to earn some extra money, I encourage you to consider referring credit cards online in India. It is a great way to make money, and it is a flexible, low-risk, and scalable way to earn money.

 

FAQs


Q: What is a credit card referral program?

A: A credit card referral program is a system that allows you to earn money by referring your friends and family to a particular credit card issuer. When someone you refer applies for and is approved for a credit card through your referral link, you will earn a commission.


Q: What are some of the best credit card referral programs to earn money?

A: Some of the best credit card referral programs to earn money include BankSathi, GroMo, Zet and CreditCode.


Q: How much money can I earn by referring credit cards?

A: The amount of money you can earn by referring credit cards will vary depending on the credit card issuer and the credit card that your friend is approved for. Some credit card issuers offer commissions of up to ₹2,500 per referral, while others offer lower commissions.


Q: How do I find a credit card referral program?

A: Many credit card issuers offer their own referral programs. You can also find credit card referral programs through third-party websites such as BankSathi, GroMo, Zet and CrediCode.


Q: What are the benefits of participating in a credit card referral program?

A: Credit card referral programs offer a number of benefits, including earning money, getting exclusive deals, and receiving dedicated customer support.

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