With the help of the new Curve referral program, consumers may earn 1% cashback on all purchases and receive money for 30 days for each friend they successfully bring to Curve. A customer is not limited in the number of referrals they can make. Customers can thus benefit from up to £30 in cashback each month, or £360 a year. In addition to the benefits that consumers have previously received from banks and credit cards that are connected to a Curve wallet, they now receive an additional one percent cashback.

Through its referral program, Curve is allowing customers to have additional money come into their accounts, which is especially helpful during the cost-of-living problem. Customers can receive two sets of benefits with the new cashback program, or "double dip," as the industry refers to people who take advantage of various reward schemes simultaneously. Consumers pay through the fintech and link their cards to their Curve Wallets in the app to collect cashback in addition to any rewards they now receive from their bank or credit card.

"Our goal is to enable our clients to lead the greatest possible financial life through all we do. Due to rising living expenses, over two-thirds of British people are holding back on spending, therefore we want to make life a little bit easier for everyone. Shachar Bialick, CEO and founder of Curve, said, "With this new referral program, we're giving customers the chance to really embrace the idea of double-dip rewards and maximize their cashback."

“This program is our way of rewarding customers’ loyalty and making the daily spend more affordable by combining it with other Curve offers and any others from banks and credit cards they use every day.”

The program's potential

Chase UK serves as an illustration of the possibilities of the Curve referral network and the double dip benefits that come with it. In particular, the UK-regulated bank is presently offering one of the best cashback deals on the market, with 1% back on all purchases for the first year.

Customers who linked their Chase card to Curve and referred friends might earn two percent cashback on all of their purchases when combined with Curve's referral program. With a monthly cap of £30 on Curve and £15 on Chase, that can add up to £540 in free money annually.