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The investment app Webull offers a steady stream of referral promotions and currently has a good offer that awards $100 in Apple stock after one successful referral. Technically, it’s $100 or $200 in Apple stock, but the chances of getting $200 is 1%, so I’d advise not holding your breath for it. Unlike many Webull promotions, this can be repeated on up to ten referrals during the offer period.
The referred person will get 6 stocks valued between $3-$3000 after signing-up and depositing any amount into their investment account. If they deposit $500 or more, they will get 20 free stocks.
The Deal
- Refer one friend to Webull & earn at least $100 in Apple Stock
- Promotion says $100-$200, but the chance of getting $200 is 1%
- Valid on up to ten referrals
- If you already have a WeBull account, you can find the new referral promotion in the promotion center:
- If you don’t have an account, you must first sign-up for an account, make any deposit, and you’ll then be able to refer (our referral links are below if you’d like to use them)
Direct Link to Sign-Up without using a referral link
Key Terms
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- New user must sign up and open an account with Webull via an existing referee’s link between between 12/1/23 12:00AM and 12/18/23 11:59PM ET.
- Eligible customers will receive fractional shares of Apple valued at either $100 or $200 for their first successful referral during the offer period.
- The odds of receiving $200 is 1%. The odds of receiving $100 is 99%.
- A successful referral is a new Webull user who
- Is at least 18 years of age
- Resides in the United States
- Opens a Webull account using the eligible customer’s unique referral link during the offer period
- Has a valid social security number
- Has never previously applied or opened for a Webull brokerage account with that social security number
- Makes an initial deposit of any amount
- Referee will receive 6 free stocks valued at $3-$300 after depositing any amount or 20 free stocks valued at $3-$300 after depositing $500 or more into their account.
Quick Thoughts
Webull’s marketing is interesting to me, as they dramatically incentivize referral bonuses over sign-up bonuses. There is always a referral promotion of some kind and its offers are notable because they stack nicely and tend to have very low referral requirements.
This promotion offers $100 in Apple stock for up to ten successful referrals during the promotional period. Unlike most Webull promotions, there doesn’t seem to be a “Participate” button that you need to hit in order to qualify for the promo. Hopefully they’ve decided to retire it; it was an unnecessarily confusing part of past promos.
$100 is a good return for just one referral, especially since the referred person only has to make a tiny deposit to qualify. Unfortunately, new Webull customers have to be 18+ to be eligible for this referral promotion, so signing up a child along with or instead of your partner isn’t possible.
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There’s a ridiculous catch here!
The referee may deposit $500 to get the 20 shares but is shooting themselves in the foot, because with a $500 deposit they become ineligible to refer others!! Read those T&C.
Webull, this is not fair.