Earn Free Money through Referrals

Actually, there isn't free stuff in the world. When you hear free money, you should run as far away as you can. But since you are tempted, the following are some lobang for referrals fees that require a bit of your effort to apply. I personally have tried and tested these methods and have used these products and services personally. If you are interested, just leave your email at the bottom of this page to connect with me and I will get back to you via email on the details of the referrals such as the how to, the catch and things to avoid.

Method 1:

Make S$250 with Saxo Capital Limited Brokerage in 2 hours

Promotion ends:

31 March

Estimated time required: 2 hours

 Saxo Capital Market is offering its new client a total of S$150 of referral fees for opening a brokerage account with them. On top of that, I will be transferring another S$100 to you as a reward. In total you get S$250!

 

The catch is you have to execute 3 trades within the promotion period. The minimum funding amount is S$3,000 and you have to hold your funds within for at least 30 days.

 

Why open a brokerage with Saxo?

  1. According to ValueChampion, the best brokerage for 2019 is Saxo Capital Markets. It offers one of the lowest commission fees in Singapore at 0.10 to 0.12% per trade when most other brokerage commission fees are about 0.25%. What's more impressive is the minimum commission fees is only  S$9 to S$15 when other brokerages are charging S$25. A comparison of the local brokerages can be found here

  2. Saxo Capital Markets Pte Ltd ("Saxo Capital Markets") is a licensed subsidiary of Saxo Bank A/S, an online trading and investment specialist. Saxo Capital Markets has operated in Singapore since 2006 and serves as the APAC headquarters. You may read more about Saxo at their website and on Bloomberg.

  3. I have personally traded using Saxo and have referred a few of my friends. They go on to trade on the platform and have also started referring to their friends for the referral fees as well.

 

What do I need to do?

  1. Simply type your email below to connect with Jayron and an email will be sent to your inbox. You can reply with your intention for this promotion and the details will be provided.

  2. Open the account, go to their office at Raffles Place to submit the necessary documents. 

  3. Fund S$3,000 and trade 3 stocks (find stable stocks that don't fluctuate too much like Comfort Delgro, Breadtalk, Vicom etc). *I will hand hold you here if you need help.

  4. Wait for the referral fees of S$250 to be sent to you after 30 days.

  5. Trust me. Because all businesses start with trust and no money can be made without trust. If you can't trust me, please leave as I am here for people who are hungry for money, not losers. 

 

The terms and conditions can be found here: https://www.home.saxo/en-sg/accounts/referral

 

I have also emailed them for some quick FAQs.Their reply is in yellow text.

 

From: Jayron
Sent: Thursday, 14 March 2019 9:09 PM
To: Mya Kay Khine (MYAK) <MYAK@saxomarkets.com.sg>
Subject: Re: Saxo Referral promotion

 

Hi Mya,

 

I have a few questions below. Please advise each question accordingly. 

 

1. If my referred friend who had deposited  $3k SGD before the promotional period, but commits to her trade after 31 March (end of promotion), will he/she still be eligible for the referral fees? 

 

She will need to do three trades before the promotional period is over.

 

2. Can I check if buying and selling within the same day constitutes to eligible trades?

i.e. can I buy 100 shares of SingTel, followed by another 100 shares of SingTel, and sell away 200 shares of SingTel in one day and be eligible to be considered as 3 trades?

 

Any three successful transactions are considered as 3 trades.

 

3. Is the minimum lot size for Singapore shares 100 shares to buy and sell SGX stocks?

 

There is no minimum lot size for shares unless stated otherwise.

 

4. What is the commission for buying and selling 100 shares for each trade in SGD?

 

It will depend on which exchange. 

 

 

5, The $3k funds that my friend deposited must remain in Saxo brokerage until 1 May, if deposited on 31 March?

 

The fund must be maintained for 30 days after funding.

 

6. Is there any hidden custodian fees?

 

There's no custody fees for SGX. But there are custody fees of 0.12% per annum, calculated daily but billed to you monthly.

 

7. How many friends can I refer to this promotional period?

 

No limit. However, the referral paid out is capped at 5.

You may provide their email address, phone number and full name.

 

Kind Regards,

Jayron 

 

 

Disclaimer: The above statements are meant for an educational purpose which does not constitute financial advice or recommendation of any sort. I will assume no liability to the accuracy or completeness of the information provided here and you shall exercise your due diligence to benefit from the information presented.

Method 2:

Receive $160 Cashback from Standard Chartered Credit Card

Promotion ends:

28 Feb 19 (But I am sure a new one will be out)

 

Estimated time required: 0.5 hours

Standard Chartered Bank is offering a Member get Member  S$150 of referral fees to the referred individual for applying for its list of the eligible credit cards. I have previously talked about getting the Unlimited Cashback Credit Card (Picture above) in one of my blog post and why I personally love this card. You may refer to the blog post here: https://www.jayronong.com/blog-articles/how-to-safely-make-extra-income . 

 

 

Why use a Standard Chartered Bank Unlimited Cashback Credit Card?

  1. According to Money Smart, the Standard Chartered Bank Unlimited Cashback Credit Card is the top 3 best cashback card. 

  2. It can be used as an EZ-link card with an auto top-up option, ERP card, Cashcard and a credit card with 1.5% cash back on all items without a cap. i.e. If you spend $100,000 on this card (an exaggerated example) you can get $1,500 cash back. (Although Citi Cash Back card offered by Citibank gives 8% cash back, it requires minimum monthly spending of $888 to be eligible for the cashback which is capped at $25 for each category.)

 

What do I need to do?

  1. Simply type your email below to connect with Jayron and an email will be sent to your inbox. You can reply with your intention for this promotion and the details will be provided.

  2. Apply to this card online after you receive the referral email .

 

The terms and conditions can be found here: https://www.sc.com/sg/terms-and-conditions/credit-cards-mgm/

 

 

 

Disclaimer: The above statements are meant for an educational purpose which does not constitute financial advice or recommendation of any sort. I will assume no liability to the accuracy or completeness of the information provided here and you shall exercise your due diligence to benefit from the information presented.

Method 3:

Receive $20 Grab Hitch Driver Referral 

Promotion ends:

31 Mar 19

 

Estimated time required: 2 hours

I remembered the first time I drove as a Grab Hitch driver, I had a lot of fun as it resembles the crazy taxi game we played in arcades when we were younger. Register to be a Grab Hitch driver and get $20 referral fee. 

 

Why apply as a Grab Hitch driver?

  1. I don't intend to write so much for this as it is just 20 bucks. So it's just up to you lah. If you have a car and wants to earn some money to cover your petrol costs and you are considering to apply as a Grab Hitch driver, why not just go one more step to get this $20 more pocket money?

 

What do I need to do?

  1. Simply type your email below to connect with Jayron and an email will be sent to your inbox. You can reply with your intention for this promotion and the details will be provided.

  2. Apply to be a Grab driver online after you receive the referral email.

  3. Go fetch somebody. One ride is good enough to be eligible for the reward.

 

The terms and conditions can be found here: https://www.grab.com/sg/grabhitchdrd/

 

 

 

Disclaimer: The above statements are meant for an educational purpose which does not constitute financial advice or recommendation of any sort. I will assume no liability to the accuracy or completeness of the information provided here and you shall exercise your due diligence to benefit from the information presented.

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