7 Companies that Give Free Money on Sign-Up

Life would be so simple if we could earn free money without doing anything. Sounds too good to be true—but it’s real. Refer-and-earn apps offer bonuses to both new users and existing ones to attract more traffic. You don’t need to spend anything to claim them- just sign up and get your account credited! From a Rs. 100 bonus from a finance app to a store credit from a shopping site, these offers are a legitimate way to earn. 

With the extreme rise in smartphone and new app usage in India, companies are launching their apps to gain popularity and attract potential customers with sign-up bonuses. From a student to a full-time professional, everyone is keen on using refer and earn apps to get free cash through a simple referral method. With just a few clicks, you could be earning cash, gift cards, or rewards—no catch, no long-term commitment. If you’re smart, check out these seven best companies that give free money for your time. 

1. Google Pay

Google Pay is a universal payment app that allows users to make UPI transactions in just a few clicks. Every third person in India uses this and comes at the top in offering referral bonus to new users. Existing users can refer Google Pay to their friends and earn a referral bonus of Rs. 201. 

New users will also receive a cashback of Rs. 21 on their first UPI transaction through the app. To earn the referral bonus, you must ensure that your referral rewards are less thn 100 and send the correct referral link. You can earn up to Rs. 9,000 in wallet money per financial year through referral activities in Google Pay. 

2. Amazon 

Amazon is trusted by more than 25 lakh sellers as an e-commerce platform to boost their product purchases. It offers a refer-and-earn program for sellers, where existing ones can refer new sellers and earn rewards worth up to Rs. 25,000. The person you refer is also eligible to receive a bonus of up to Rs. 1,000 from Amazon. 

This opportunity opens doors to exciting rewards for both existing and new sellers. You can earn extra rewards worth up to Rs. 25,000, depending on how many successful orders your referred seller completes within 45 days of starting to sell on Amazon.

3. Paytm 

Paytm is another app that specialises in digital payments and financial services. This offers a “refer and earn” program that allows you to invite others on the platform and earn real cash prizes. It is an easy-to-use platform- just create a Paytm account and get KYC verification to start paying bills and other transactions through UPI. Referrals get up to Rs. 100 on every successful sign-up via their code or link.

Not only that, they can receive an additional Rs. 33 for referring three friends in a month. New users receive cashback bonuses and other rewards after completing their first UPI transaction. Referees also get a bonus after a new user makes his/her first payment through the app. 

4. PhonePe 

This is a digital wallet and online payment app that enables users to make money transfers of up to Rs. 1,00,000 per day. It can be used to book movie tickets, pay utility bills, and recharge phones. This refer and earn app invites users to earn cashback by reffing their friends and family to become a part of the PhonePe family. 

Your friend can use the referral link to download PhonPe and make their first UPI transaction to earn. This allows you and your friend to earn cashback rewards and increase your passive income. The referee will receive Rs. 150 as a bonus, and the new user will receive up to Rs. 100 cashback on their first UPI transaction. 

5. Navi 

Another gem in the list, Navi is a financial services company that offers features such as UPI payments, health insurance, and investments. Navi Finsers is an RBI-approved app with affordable accessibility for all your financial needs. The Navi refer and earn program enables existing users to earn a bonus of Rs. 100 when a new user signs up with their link.

 New users must complete their first transaction via Navi to receive the referral bonus. Newbies can use the Navi referral code and get a cashback of up to Rs. 100 after the first UPI payment. This refer-and-earn program allows you to maximize your earnings by offering up to Rs. 30,000 based on the services accessed by users. 

6.  Groww

Groww is an investing app that offers trading rights with BSE and NSE-listed equities in the stock market. It has zero joining charges and minimal brokerage fees. You don’t need to pay a penny for opening a Demat account with Groww. It helps you earn money by trading and through its refer and earn program. Existing users are eligible to get cashback rewards on every referral. 

The referred person must download the app with a valid referral link and complete the onboarding process for you to receive rewards. During the current program, new users after May 20th will not receive rewards, but they aim to introduce a stronger program that treats both parties equally. 

7. CRED

CRED is a credit card payment app that manages your bill payment and other financial services. This app can monitor and track your credit card transactions, featuring an automated payment function. It also features a refer and earn program that offers multiple benefits to both new and existing users for opening a CRED account and completing their first transaction.

 New users can get Rs. 250 CRED cashback as a welcome reward after the initial transaction with the referral link. Existing users can receive up to Rs. 1000 as a referral bonus for every new sign-up made via their code or link. The new users must be at least 18 years old and have a valid PAN Card with a  CIBIL score of at least 700.

Conclusion: 

Jumpstart your savings by signing up with these apps or using an existing referral code to earn easy money. You can earn extra cash with minimal effort- a dream come true. These seven apps offer legitimate sign-up bonuses that can add real value in the form of cash back, gift cards, or direct deposits. The existing offers may change over time but these types of promotions are an excellent reminder of tech advantage. A savvy user can make free money with various apps like this on an everyday basis.  Be sure to read the terms and conditions and take advantage of the offers while they last!