By simply referring friends and relatives to join, you can earn prizes through Angel One’s referral program. However, there are certain myths that are spreading that can cause some confusion, just as with any program. This article will help you distinguish between fact and fiction and figure out how to maximise your referrals.
Myth 1- I Can Refer an Unlimited Number of Friends for Rewards Every Month.
Fact:
Although you can refer as many friends as you want there is a known limitation that Angel One sets where they only allow five referrals reward each month. This means that as much as you will be able to invite new friends, only the first five successful invitations that you make in any given calendar month will have rewards.
Organise your referrals each month and make sure the maximum of them complete the process of opening an account for successful rewarding!
Open an account with Angel One– Click here
Myth 2- If My Friend Takes Too Long to Complete the KYC Process, I’ll Still Get the Reward.
Fact:
Timing matters! For you to get the reward, the friend has to go through the Know Your Customer (KYC), and sign up for the account in 30 days after beginning the KYC. If they take longer, I am sorry to say that, that particular referral will not be counted for your reward.
Tell your friend to go through KYC quickly. A small push might encourage them to complete the setup since it increases your chances of getting that voucher code!
Myth 3- If My Voucher Code Expires, I Can Just Get a New One.
Fact:
After obtaining the voucher code you will find that the voucher code only has a validity period of about 30 days. If the code is not used within this time then it cannot be extended again beyond this time. Once you fail to claim that particular reward, it is gone; there is no other way of getting that particular bonus.
Always remember to use your code as soon as you get it. Thus, you do not leave it to go bad or get expired before you have gotten the chance to utilize it. You can redeem it for popular vouchers from destinations like Amazon, Myntra, and even from Ajio, so the rewards are good!
Myth 4 -I Can Convert My Voucher to Cash or Add It to My Trading Balance.
Fact:
Please note that voucher rewards cannot be cashed out as well as transferred to your trading balance. They are loaded only for use in Angel One’s special reward zone through which you can redeem the coupons for gift cards from various merchant outlets.
However, having the variety of vouchers, the use of your referral rewards will be still very handy, for example, you can use it for getting a discount on your online shopping!
Myth 5- My Referral Reward Will Be Instant Once My Friend Signs Up.
Fact:
The reward is not immediate. Even after your friend has completed the KYC and opened an account, it may take up to 7 working days for you to receive your discount code. This permits Angel One to process the recommendation and ensure that all conditions are completed.
Don’t panic if your reward doesn’t appear immediately away! Just keep an eye on your email, and if it’s been more than a week, you can always contact Angel One support for help.
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How to Refer Friends and Start Earning on Angel One
To begin referring friends and earning rewards on Angel One:
- You must install the Angel One mobile app.
- Open the Account screen, locate at the top right part of the screen, hit at Refer & Earn button.
- Every friend has a referral code that is send directly to the friend from within the app.
- If your friend completes opening an account, a voucher code will be issued to the registered email id within 7 working days.
- Once you have received the voucher code for free travel vouchers, you can get moving and claim gifts from the famous stores on Angel One’s reward module.
Conclusion
In conclusion, requesting friends to join Angel One’s referral program is a great method to earn coupons, but it’s best to be aware of the details. To make sure you get the most out of every reward, keep in mind the monthly referral caps, voucher expiration dates, and KYC completion deadlines. Share now, keep yourself updated, and take full use of this wonderful chance!
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