The ranking — by real value to you
PensionBee — £100 bonus
The largest fixed amount on this site. Paid into your pension after you transfer an eligible pot. Best if you already have old workplace pensions to consolidate.
YouFibre — up to £100 cash
A genuine bank transfer, not a bill credit — and the referrer gets the same. Amount depends on package. Use code 7HZX5R at checkout on a 24-month contract — 12-month and monthly rolling do not earn the cash reward.
Hyperoptic — up to £75
Strong value if your building is on Hyperoptic's network. Link-based refer a friend scheme — no code to type.
Octopus Energy — £50 each
The classic UK referral: £50 bill credit for both sides after your switch completes. Reliable, well-documented scheme that has run for years.
Zen Internet — £40 voucher each
Premium ISP with no mid-contract price rises and a Which? Recommended record. Paid as a retailer voucher once the line goes live. Listed for a friend — it is the one offer here that is not from my own account.
Monzo — random bonus, £20–£100 seen
Small but nearly effortless on the personal side. The business account referral at £50 is one of the better banking offers around.
Starlink — 1 free month
Worth roughly £75 depending on your plan. The obvious pick for rural addresses where fixed-line broadband is weak.
TopCashback — welcome bonus
Modest signup bonus, but the ongoing cashback is the real value if you shop online regularly anyway.
Revolut — free card + perks
No cash, but a free physical card and occasional promo perks. Fine as a secondary travel-spending account.
Tesla — 650 free Supercharging miles + free FSD trial
Only relevant if you are actually buying a Tesla — but if you are, it is comfortably the most valuable offer here. The miles are worth roughly £80–£100, and since Tesla made Full Self-Driving subscription-only in the UK at around £99/month, the free trial is worth more again. Model S and X left the UK referral programme in June 2026.
Chase UK (£50) will join this list once the referral scheme reopens — details here. All amounts subject to each provider's terms; verify before signing up.
Small offers that are still worth claiming
These will not pay a bill, and ranking them against a £100 pension bonus would be silly. They earn their place a different way: each takes about a minute, attaches to something you were buying anyway, and costs nothing to claim. If you are already going to buy the coffee, you may as well have the free one.
- Pact Coffee — 50% off your first order. Comfortably the most valuable of this group in cash terms: half off a subscription delivery, roasted to order and posted through your letterbox. It is a subscription, so set a realistic delivery gap and cancel freely if it is not for you.
- Surfshark — up to 3 free months. Worth more than it sounds if you were buying a VPN anyway: three extra months on a 12-month plan is a quarter of a year free. The months are added after 31 days rather than coming off the price.
- PerfectDraft — £10 off a machine. Only relevant if you are buying a home draught system, but £10 off a large purchase for ten seconds of typing is not to be sniffed at. Over-18s only, and the code must go in at checkout.
- Costa Coffee — 5 bonus beans. Ten beans earns a free drink, so an invite code plus your first purchase puts you 6 of the way there on day one.
- Caffè Nero — free welcome drink. A whole free drink after your first app purchase, and the stamp card underneath is worth about 10% back — double that if you carry a reusable cup.
- 200 Degrees — free drink. The best coffee of the three and the hardest to reach: an independent roaster with around twenty shops, mostly in the Midlands and the North. Check the store finder before signing up.
Nothing stops you claiming all of them. They are separate companies, so the usual one-referral-per-scheme rule does not get in the way.
How I rank these
Three things, in order:
- What the new customer receives. Cash beats bill credit, bill credit beats account credit, and all of them beat vague "perks". A £50 bank transfer (YouFibre-style) is worth more in practice than £50 locked inside a product.
- How hard it is to qualify. Monzo takes minutes. PensionBee needs a pension transfer. Broadband referrals need you to actually be switching provider — which most people only do every couple of years.
- How reliably it tracks. Link-based referrals (Monzo, Octopus, Hyperoptic) track automatically. Code-based ones (YouFibre) depend on you entering the code at checkout — forget it and there is no fix afterwards.
What I deliberately ignore: what the referrer (me) earns. Several schemes pay the referrer more than the new customer, and ranking by that produces the inflated "best ever deal" lists this site exists to avoid.
Quick rules before you claim anything
- New customers only, almost always. If you have held an account with the provider before — even at a different address — assume you do not qualify until proven otherwise.
- Referral before signup, never after. Click the link or note the code before you start the application. No UK scheme I know of lets you add a referral retrospectively.
- One referral per company. You can stack offers across different companies freely, but not multiple codes within one scheme.
- Verify the amount on the provider's own site. Referral values change with marketing budgets. Everything here was checked in 25 September 2026, but the provider's checkout screen is the truth.
Best referral programs FAQ
What is the best referral program in the UK right now?
By headline value, PensionBee (£100) and YouFibre (up to £100 cash) lead as of September 2026. But the best one for you is whichever attaches to a product you were already planning to buy — chasing bonuses on services you don't need is how people end up worse off.
Can I stack multiple referral offers?
Across different companies, yes — each scheme is independent. A broadband referral, a banking referral, and an energy referral can all be claimed by the same person. Within one company's scheme, no: one code or link per order.
Are referral bonuses taxable?
For ordinary consumers, one-off rewards for switching are generally treated like discounts or cashback rather than income. If you refer people at scale or as a business activity, the position can change — that's a question for HMRC or an accountant, not a referral site.
Why do the amounts keep changing?
Referral budgets are marketing budgets. Providers raise amounts when they want growth and trim them when they don't. That's why every page on this site carries a "verified" date rather than pretending amounts are permanent.
Do I need to be a new customer?
Almost always. Each provider defines "new" slightly differently — for broadband it usually means no account at any address; for banking it means no previous account of that type. The individual guides linked above cover the fine print per scheme.