When I was a currency broker I set up an offer that enabled customers to get an Amazon voucher worth up to 0.1% of the value of currency they converted and sent through Berry FX. It was by far the most popular way of getting new clients to convert from prospect to customer.
I think the biggest voucher I issued was around £650 when a couple converted £650k into Euros to buy a Villa in Spain. At the time, I was charging a flat rate of 0.25% for that sort of conversion, so whilst it ate a bit into my profit margins, it did enable me to win the business from rivals.
You may well think, well why just not make the exchange rate better? Well, because people like deals and they like getting something back, plus people don’t really understand how exchange rate markups work.
This is why I wrote this guide on how to compare currency broker exchange rates, so you can get the best deal. But, if you do want a little back or want to reward your broker with a word-of-mouth (or email link) referral, we’ve put together some of the best money transfer refer-a-friend deals where you can earn some cashback from your currency broker.
Want to send money abroad? Compare the best currency brokers in the UK
Overall, Wise currently stands out as one of the best refer-a-friend offers for everyday users, thanks to its relatively low qualifying threshold and clear £75 reward. Unlike brokers such as TorFX or Currencies Direct, which tend to focus on larger transfer amounts, Wise only requires three friends to spend or transfer over £200 each, making it far more achievable for most people. Revolut’s scheme can potentially pay more, but rewards are variable and not guaranteed, while XE’s £50 gift card requires a much larger £5,000 transfer. For most UK customers looking for a simple, realistic referral bonus, Wise offers the strongest mix of accessibility and payout.
Wise refer a friend: £75
Wise has unveiled a new referral rewards promotion for 2026 that could see customers earn £75 for introducing friends and family to its international transfer and multi-currency card service.
The fintech, formerly known as TransferWise, says users can share their personalised referral link, giving new customers a choice of either a free Wise card (where available) or zero fees on their first transfer of up to £500.
To unlock the £75 reward, Wise requires that three referred friends complete qualifying activity — either making a cross-currency transfer over £200, or spending more than £200 using the Wise card. Once those conditions are met, the referrer can claim the bonus.
The move comes as international payment providers increasingly compete through referral incentives, hoping customers will spread the word in return for cash rewards, gift cards, or discounted transfers.
Wise’s £75 payout sits towards the higher end of the market, but competitors have their own variations.
Revolut refer a friend: £10 – £200
Revolut, operates a variable reward structure, where referral bonuses are not fixed. Rewards can range from £10 up to £200, with the amount determined by probability-based draws, meaning users may not always receive the headline figure.
Xe refer a friend: £50 gift card
XE Money Transfer offers a more traditional incentive: both the referrer and the new customer receive a £50 gift card, but only once the referred friend has transferred at least £5,000 (or currency equivalent), making it a much higher threshold than Wise.
WU refer a friend: £10
Western Union has offered referral bonuses of around £10 each for both referrer and friend in some regions, although availability can vary and schemes may be paused depending on location.
High-value referrals from traditional FX specialists
Alongside fintech apps, specialist currency brokers are also using referral offers to attract high-value clients.
Remitly refer a friend: Currently unavailable
Remitly also runs a referral programme in the UK, allowing both parties to “earn rewards”, although the exact value and conditions depend on the transfer activity required, and rewards may not always be clearly stated upfront. There is no current Remitly refer a friend offer available.
TorFX refer a friend: Currently unavailable
TorFX, a UK-based foreign exchange broker focused on larger transfers such as property purchases and business payments, offers a referral scheme where customers can receive a cash reward when friends complete an eligible transfer. Rewards are typically linked to higher transfer sizes than app-based providers.
Currencies Direct refer a friend: Currently unavailable
Currencies Direct runs a similar “refer a friend” programme (as they are owned by the same firm as TorFX), offering incentives when referred clients make qualifying international money transfers. As with other broker-style services, these rewards are aimed more at customers moving larger sums rather than everyday spending.
Richard is the founder of the Good Money Guide (formerly Good Broker Guide), one of the original investment comparison sites established in 2015. With a career spanning two decades as a broker, he brings extensive expertise and knowledge to the financial landscape.
Having worked as a broker at Investors Intelligence and a multi-asset derivatives broker at MF Global (Man Financial), Richard has acquired substantial experience in the industry. His career began as a private client stockbroker at Walker Crips and Phillip Securities (now King and Shaxson), following internships on the NYMEX oil trading floor in New York and London IPE in 2001 and 2000.
Richard’s contributions and expertise have been recognized by respected publications such as The Sunday Times, BusinessInsider, Yahoo Finance, BusinessNews.org.uk, Master Investor, Wealth Briefing, iNews, and The FT, among many others.
Under Richard’s leadership, the Good Money Guide has evolved into a valuable destination for comprehensive information and expert guidance, specialising in trading, investment, and currency exchange. His commitment to delivering high-quality insights has solidified the Good Money Guide’s standing as a well-respected resource for both customers and industry colleagues.
To contact Richard, please see his Invesdaq profile.
