I had an email from Kuflink today with their latest new customer offer. They are offering £100 cashback for a minimum £200 investment.
Previously they had been offering a 2.5% cashback for refer a friend, or around 5% on the cashback sites like Quidco/TopCashback. This would be a lot more generous, working out at 10% for a £1,000 investment or potentially 50% back as cashback if you just invested £200.
Working Cashback Link
If you get a link from a friend, double check that they’ve already been a member for 14 days, as this is a condition (see below).
Terms and Conditions
It’s probably best to double check the terms on Kuflink’s website when you click through a referral link. For reference, I have noted the conditions as:
To qualify for this referral scheme, you must be aged 18 or over, have a UK residency and hold a UK bank account.
The referral scheme begins on 09/03/2018 at 00:01 and is for a limited time only. Kuflink Ltd. reserves the right to withdraw the offer at any time and without prior notice.
To qualify, you (known as the Referee) must be referred by an existing customer (known as the Referrer), who is outside of their 14-day cooling off period and has already invested a minimum of £100. The Referee cannot hold an account, or have previously held an account with Kuflink Ltd. The Referee’s registration with Kuflink is subject to eligibility criteria.
When registering with Kuflink Ltd. the Referee must enter our website using a link shared with them by the Referrer to confirm the referral.
£100 each will be rewarded to both the Referrer and Referee. The Referee must invest a minimum of £200 for both to qualify for this scheme. There is no limit to the amount of money the Referee can invest.
The Referee can invest in as many opportunities as are available.
A Referrer can refer as many friends as they wish during the reward period. Each referral will be treated as a new entrance during the reward period. The Referrer is entitled to a cash reward of £100 of each Referee’s £200 investment.
After a Referee has invested £200 and passed their 14-day cooling off period, they can also refer a friend.
The cash amount rewarded to the both the Referrer and Referee will be transferred 14 days after the Referee’s first investment is made. If Kuflink Ltd. withdraws the offer all rewards will be calculated up to the date of withdrawal, and the cash reward will be transferred 14 days after this date.
The reward will be transferred into your online Kuflink wallet. The reward cannot be deposited directly into your bank account; however you can withdraw the cash reward from your Kuflink wallet into your bank account. Rewards cannot be given in any form other than cash deposited into your Kuflink account.
A Referrer cannot introduce themselves by setting up another Kuflink account.
If the same Referee is introduced by more than one Referrer the reward will be given to the Referrer who first made the Referral.
This offer cannot be used in conjunction with any other promotions. Kuflink Ltd works on a last-click basis, this means the most recent campaign you interacted with will be the campaign assigned to you and any other offer will be disregarded.
I wrote an investment review of Kuflink a few months ago. Please note that this has not been updated with this latest offer.