What Users Say About...

Varo Bank Referral Program Review

I recently offered a friend looking for a new bank account a link to my Varo bank's referral program. He opened an account and we both got a $50 bonus added to our accounts. This is a simple example of referral marketing.

When you refer someone to Varo and they spend $20 within 30 days of account opening Varo gives both of you a $50 Bonus! As an affiliate marketer when I thought about how easy it was to give away a free debit card and earn $50, I started to consider how I might utilize this in my business.

As my niche is Affiliate Marketing, I want to help people make an income independent of working for someone else, I started to think that this might be a good way to introduce others to referral marketing in a very simple and understandable way where they could see immediate financial results.

So, I created a capture page and an autoresponder series to follow up with those who might have an interest in doing affiliate marketing. A capture page, which you can see as my referral link here, provides their name and email addresses where they can be followed up with and offer information about how they can earn income simply by referring others to different products and services.

What I Like About This

The hook is a $50 reward. Hey, everybody likes free money right? Also, a lot of people are interested in making money at home but don't know where to start, and have yet not gotten caught up in the internet marketing jungle.

Since I offer solid, proven products with longevity and established track records I can propose dependable programs for them to promote. I then present them with the programs that I am promoting and show them how to do the same.

This Really Works!

I have been amazed at the number of leads and signups I am getting with this simple offer! I think this is due to the wide appeal it has. As stated, everyone loves free money, and a lot of people are not satisfied with their banks and would like an alternative.

Varo is a great alternative. Take a look at these 10 Good Reasons to get a Varo Debit Card:

1. You will get $50 when you join
2. No deposit to open an account
3. No fees or overdraft charges
4. Get your paycheck two days early
5. Borrow up to $100 on qualifying
6. Earn high saving percentage rates
7. You'll love No Fees at 55,000+ ATMs
8. Credit card with $10,000 credit limit
9. Get up to 15% Cashback with Perks
10. Get $50 for everyone you refer!

What I Don't Like

There are banks that offer higher rewards. One of these offers a $1500 bonus if you deposit $5000, but Varo's more practical for most people. NetSpend offers a $20 bonus when you deposit $40 and it is available instantly where it takes 1 to 2 days for Varo to deposit. That is the only thing I would like to see changed.

However, I believe this will work well for anyone who wants more leads and signups!