Earning money online is a proven way of supplementing your wealth. Thanks to technology, many people have started making a second income using online portals. You can use the same to increase your monthly income, although that does not mean you should download any online earning app. The wrong applications can affect your data and even lead to fraud.
Therefore, caution must be exercised while picking an online earning application. Refer and earn apps, such as the IDFC FIRST Bank MyFIRST Partner app, should be your top choice. They are safe, easy to understand, and are usually backed by an authority. Once you have decided on your preferred refer and earn app, here’s how you can earn up to over ₹50,000 per month.
- Download the app
The best referral apps to make money are available on the Play Store and App Store. You can find them by searching their name in the search bar. Once you have located the application, download it on your system. Also, if an app is not available on the Play Store or App Store, it should be avoided as it may be illegal.
- Register yourself
After downloading a referral app, you must register as a partner. You must provide your basic details, such as your email ID, PAN card, and Aadhaar card. New partners on the IDFC FIRST Bank MyFIRST Partner app are asked for these details before registering as partners.
- Refer your contacts
Referral apps earn money when you refer your contacts for a product or service. For instance, the IDFC FIRST Bank MyFIRST Partner app makes cash rewards when you direct your connections for a personal loan. When your contacts apply for a personal loan, and the loan amount reaches their account, you earn 1.5% of the disbursed amount.
Hence, you need to refer your contacts after registering yourself on the account. The more referrals you make, the more you can earn.
- Receive payments
The final step is to receive payments through refer and earn apps. While certain referral marketing businesses would only allow you to withdraw your earnings after meeting a threshold, the MyFIRST Partner app and similar high paying referral programs offer more freedom. They allow you to withdraw your earnings weekly or monthly. It helps better manage your finances and meet your needs.
Refer and earn apps are the easiest ways to earn ₹50,000 and more per month. They do not demand any qualifications or attract any investment. You can use them for free and earn a second income. From homemakers to students and retired individuals, referrals apps are the best way of earning money.
