Published on January 31st, 2019 | by Chuck83
[Bonuses Posting Now] Swell Investing Hasn’t Paid Out their Referral Offer Yet
[Update 2/13/19: Looks like they may have ended the referral program, as reader Gadget notes.]
[Update 1/31/19: People are now seeing the payments. You’ll have to look closely, though, as it’s not readily apparent. Go to one of the tabs in the Manage Mix tab and you’ll see your available balance. You can invest it or withdraw it in those tabs.]
We posted about the Swell Investing signup promotion which offers $50 for new signups when you invest $50. They also offer $300 for someone who refers three friends.
They’ve slowly been changing the terms since launch:
- Added a limit of 18 referral bonuses for the referrer (previously, it stated there is no limit).
- Added requirement to remain a member for 60 days (previously, there was no such requirement).
- Lengthened the requirement from 60 days to 90 days.
- Apparently, they’ve now added a one-month waiting period from when the 90 days ends until they pay the bonus.
I don’t like how they enforced the terms retroactively – it makes sense how they added the 90 day requirement, and even the month payout timeframe is okay, but they should be applying the original offers terms to those who signed up before then.
In any case, we’ll be happy if/when they pay out within the next month for the initial signup waive. This isn’t even meant to be a bashing post, mainly posted a new post here since on the old post the comments are locked. We can keep any discussion about Swell here.
DO NOT POST REFERRALS IN THE COMMENTS.