Up Bank
Top pick #1
Best for: Everyday digital banking
- New user reward
- $15+ cash bonus
- Requirement
- Open an eligible new account; reward grows by $1 per referrer year
- Claim difficulty
- Easy
Verified 29 June 2026
Banking referral offers
Best Banking Referral Offers in Australia
Compare Australian banking referral offers, sign-up bonuses and invite codes from banks, money apps and finance platforms. ReferralMate lists offers that are available to Australian users and links through to the latest brand pages where you can check current codes and terms.
UpdatedLast updated: 2 July 2026 5 active banking offers Editorial criteriaEditorial ranking criteria
Top picks
Ranked using ReferralMate's criteria, then matched to active brand pages.
1
Up Bank - Best overall banking referral offer
Up Bank is a useful overall banking pick because it is focused on everyday digital banking and its ReferralMate page explains the current invite-code path. Check the latest brand page before assuming a reward amount or eligibility.
- Reward summary
- $15+ cash bonus
- Key requirement
- Open an eligible new account; reward grows by $1 per referrer year
2
Revolut Australia - Best money app referral offer
Revolut is worth comparing for users who want a money app with card, transfer and international spending features. Referral campaigns can have several steps and variable rewards, so read the active in-app and brand-page terms carefully.
- Reward summary
- Variable in-app cash reward
- Key requirement
- Verify, add money, order a card and complete eligible purchases
3
ING Bank - Best seasonal bank referral offer
ING can be a useful everyday banking comparison when a referral campaign is active. The program is seasonal, so check the current ING terms and ReferralMate brand page before relying on any reward.
- Reward summary
- Last campaign: $100 cash bonus
- Key requirement
- Seasonal offer; deposit, card purchase and savings steps may apply
4
ubank
Earn $30 for you and $30 for your friend when a new customer signs up to Ubank using a referral code and completes the qualifying steps.
- Reward summary
- $30 cash bonus
- Key requirement
- Enter invite code and make 5 eligible card purchases within 30 days
Looking for the best banking referral offers in Australia? This page compares current referral offers across Australian banks, neobanks, money apps and finance platforms listed on ReferralMate.
Banking referral offers often depend on identity verification, new-customer eligibility, deposits, card transactions or in-app campaign windows. If a reward amount is unclear, check the current brand page and provider terms before relying on it.
This guide is general information for Australian users and does not recommend a bank account or finance product. Compare the referral offer, account fees, requirements and whether the product suits your own needs before signing up.
Compare all active banking offers
This table gives a quick side-by-side view of active banking referral offers. Check each brand page for the full terms, eligibility rules and current approved codes.
Revolut Australia
Top pick #2
Best for: Money app cards and international spending
- New user reward
- Variable in-app cash reward
- Requirement
- Verify, add money, order a card and complete eligible purchases
- Claim difficulty
- Hard
Verified 29 June 2026
ING Bank
Top pick #3
Best for: Everyday banking when a campaign is active
- New user reward
- Last campaign: $100 cash bonus
- Requirement
- Seasonal offer; deposit, card purchase and savings steps may apply
- Claim difficulty
- Varies
Verified 18 June 2026
ubank
Top pick #4
Best for: Digital banking with card spend
- New user reward
- $30 cash bonus
- Requirement
- Enter invite code and make 5 eligible card purchases within 30 days
- Claim difficulty
- Medium
Verified 11 June 2026
WeMoney
Top pick #5
Best for: Saving, budgeting and money tracking
- New user reward
- $5 cash bonus
- Requirement
- Sign up and connect an eligible financial account
- Claim difficulty
- Medium
Verified 24 June 2026
Ranking criteria
ReferralMate ranks these offers using practical checks that matter before you sign up.
Reward value
We compare the available signup bonus, account credit or invite reward without assuming a reward is active when terms are unclear.
Ease of claiming
Offers rank better when the signup path, identity checks, deposit steps and card-use requirements are simple to understand.
Clarity of terms
We favour brand pages with current terms, clear requirements and recent verification signals.
Australian availability
The page focuses on banks, neobanks, budgeting apps and money apps available to Australian users.
Best overall banking referral offer
The best overall banking referral offer depends on which bank or money app you actually want to use. ReferralMate ranks current Banking category brands by reward clarity, ease of claiming, Australian availability and how recently the brand page has been checked.
Up Bank referral code is the first banking offer to compare for everyday digital banking. Check the current brand page for the latest approved code, reward summary and eligibility terms.
Best everyday banking referral offer
Everyday banking offers are usually most useful when the account setup is simple and the account is something you would consider using beyond the signup bonus. Up Bank and ING are the main everyday banking brands to compare when they have current referral details listed.
ING referral campaigns can be seasonal, so do not assume a bonus is currently available. If an ING offer is inactive or has recently ended, use the brand page to check the latest status before applying.
Best savings or budgeting app referral offer
WeMoney referral code is the strongest budgeting-focused banking comparison where available. It is more about money tracking and linked financial accounts than opening a traditional transaction account.
Check whether the current WeMoney offer requires account linking, profile completion, identity checks or other app activity before any referral reward is paid.
Best simple sign-up banking offer
Simple sign-up offers are usually the easiest to compare because the main requirement is opening a new account and passing standard identity checks. If the current terms mention extra steps such as deposits, card purchases or account linking, treat the claim difficulty as higher.
For money apps such as Revolut, referral campaigns may require several milestones and the reward may vary by campaign window. Check current terms before signing up.
What to check before using a banking referral code
Before using any bank, neobank or money app referral code, check the current terms carefully. These offers often have conditions, including:
- Whether the offer is currently active
- Minimum deposit or transaction requirements
- Whether both referrer and new user receive a reward
- Whether there are account fees or card fees
- Whether identity verification is required
- When the reward is paid
- Whether the offer is only for new customers
You can also browse the full banking referral codes category page.
How we choose the best banking referral offers
ReferralMate ranks banking offers using reward value, ease of claiming, clarity of terms, Australian availability, last verified date and usefulness for everyday users.
Because bank and money app referral offers can change quickly, reward summaries are kept cautious where the current terms are uncertain. Check the relevant brand page and provider terms before applying.
Banking referral offer FAQ
A banking referral code or invite link lets an existing customer invite a new customer to a bank, neobank, money app or finance platform. If the new customer meets the provider's current terms, they may receive a cash bonus, account credit, fee discount or another reward.
The best banking referral offer depends on the current reward, how easy it is to claim and whether the account suits you. ReferralMate ranks Australian banking offers by reward value, claim requirements, term clarity, Australian availability and last verified date, then links to the relevant brand page for current details.
Some banking referral bonuses require only signup and identity verification, while others require a deposit, debit card purchases, account funding, direct deposits, account linking or app activity within a set time. Always check the provider's current steps before applying, because missing one requirement can mean the reward is not paid.
Usually no. Most banking referral codes are for brand-new customers who have not previously held an account with that provider. Some campaigns may also exclude people who recently closed an account, used another promotion or failed to complete verification. Check the eligibility rules before relying on a bonus.
Check the reward amount, who receives the reward, the deadline, required deposits or purchases, account fees, card fees, identity verification requirements and when the bonus is paid. You should also confirm whether the offer appears in the provider's app or official terms, especially for campaigns that change often.
A banking referral offer can be worth using if you already want the account and the reward is easy to claim. It should not be the only reason you choose a bank or finance app. Compare the account features, fees, support, app experience and eligibility rules before signing up.
Australian banking referral offers can change frequently. Reward amounts, eligibility rules, campaign dates and required actions may vary by provider or app campaign. ReferralMate shows last verified dates where available, but users should always confirm the latest provider terms before opening an account.
ReferralMate does not provide tax or financial advice. A referral bonus may have tax implications depending on your circumstances, and banking products can include fees, conditions or eligibility rules. If you are unsure, check the provider's terms and consider speaking with a qualified professional.
This page is general information only and is not financial advice. Banking referral rewards, eligibility rules, account fees and campaign terms can change at any time. Always check the provider's current terms before signing up.
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ReferralMate also lists Australian referral codes across investing, crypto, cashback and food & dining, plus energy, travel and more.