Refer a friend, make $10

Eligibility

In order for a referral to qualify, all of the following conditions must be satisfied: (1) the referred person ("Referred") has not previously created a Spence account; (2) the Referred signs up for Spence using the unique referral link provided by an existing Spence user ("Referrer"); (3) the Referred successfully connects a bank account to Spence via Plaid within 30 calendar days of clicking the Referrer's link; and (4) the Referred sends at least one message to Spence after connecting their bank account.

If the Referred does not complete signup within 30 days of clicking the referral link, attribution expires and no reward will be issued for that referral.

Reward

The Referrer will receive a $10.00 Amazon gift card for each qualifying referral, delivered to the email address associated with the Referrer’s Spence account. Gift cards are issued automatically once all eligibility conditions are met.

Reward Timing

Rewards are generally delivered within minutes of the Referred completing all qualifying actions. Spence reserves the right to delay delivery for review in cases of suspected fraud or abuse.

Limitations

Referrers are limited to $500.00 in total referral rewards per calendar year (up to 50 qualifying referrals). This cap resets on January 1 of each year. Once the cap is reached, no further rewards will be issued for the remainder of that calendar year, though referral tracking will continue normally.

A Referrer may not refer themselves to Spence. Referrals where the Referrer and Referred share the same phone number, email address, or device will not qualify.

Each person may only be counted as a Referred once, regardless of how many referral links they click or how many Referrers share a link with them. Attribution is assigned to the first referral link clicked.

Referrers are limited to 10 qualifying referrals per day. Referrals exceeding this limit may be flagged for review.

Spence reserves the right to withhold, revoke, or claw back rewards in cases of fraud, abuse, or manipulation of the referral program, including but not limited to the creation of fake accounts, use of bots, or coordinated self-referral schemes.

Spence retains the right to report any abuse of the Spence Referral Program to the appropriate authorities if it suspects abuse or fraudulent actions have occurred.

Creator Program

Creators and content partners may be eligible for modified referral terms, including higher annual caps and different reward amounts. Creators operating under modified terms will be notified separately. Higher caps may result in tax reporting obligations. See Tax Disclosure below.

Tax Disclosure

Referral rewards below $600.00 in a calendar year are generally not reported to the IRS. If a participant receives $600.00 or more in referral rewards in a calendar year (for example, through the creator program), Spence may be required to issue a 1099-NEC or 1099-MISC, and the participant may be required to provide taxpayer identification information.

Consent

By participating in this program, including acting on a referral invitation or signing up through a referral link, the Referred acknowledges and confirms that they previously consented to receive the Referrer’s invitation. Spence does not send referral links on its own behalf. Referrers are responsible for obtaining consent before sharing their referral link.

General

Spence reserves the right to modify, suspend, or terminate the referral program or any participant’s eligibility at any time, with or without prior notice. Reward amounts, caps, and qualifying actions are subject to change. This program is offered by Vibe Money Group, Inc., doing business as Spence. Spence is not a bank or financial institution. Spence does not hold, move, or manage your money. Bank account connectivity is provided through Plaid.