• expired

Upsized Referral Bonus: $10 for Referrer (Was $5, $50 Max) @ Beem It

1410

Upped bonus for referring. Just got an email letting me know.

Possibly targeted?

To receive up to $50 in referral rewards, you must share your unique referral code with friends who are not yet registered Beem It users. You'll receive $10 when each friend completes the registration process, links their valid Australian Visa or Mastercard debit card and redeems the offer by entering your code into the Beem It app. You may refer the app to a maximum of five (5) different individuals who must be friends who agree to receive the referral from you to receive up to $50 in total. The competition opens 17:00 AEST, 8th January 2020 and closes at 23:59 AEST, 27th January 2020. If you receive a code one (1) day prior to the Promotional end date, you will have three (3) days after the Promotional end date to redeem that code. The Promoter is Digital Wallet Pty Ltd ABN 93 624 272 475 of level 10, 68 Pitt Street, SYDNEY, NSW 2000. Please consider the full Competition Terms and Conditions, available here.

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  • +1

    You beat me to post

  • +2

    Seems to be the same as the last deal during christmas, $5 for friend and $10 for us. Also all accounts were reset so everyone can signup another 5 people.

  • +2

    What is this exactly? Clicked on the link and it takes me to the app shop?

    • +8

      Beem It is another method of fast payments. It's done through your debit card on the EFTPOS network instead. It can be a quick and easy way to send payments. But both parties need to be signed up to Beem It.

      Split bills can also be done very easily via the app.

      • +5

        Absolutely not needed with Osko now being the norm for most banks, and facilities like payid IMO.

        Honestly, I think the biggest applications for beem it and similar apps is sex workers and drug dealers evading tax now that platforms like paypal are starting to become less welcoming.

        • Have been using Beem for a year now so haven't been following along with developments of PayID and Osko, but can you can request money via those services yet?

          The biggest benefit of Beem for me and my friends (apart from how quick it is to use day-to-day) is that one person can pay for a bill, work out the costs, and then send a request for the money to the others — who can then pay in like literally 5 seconds, and you can see if someone hasn't paid up.

          I also like that you get instant phone notifications for any requests/payments that come through. I don't think the CommBank app has anything like that yet, unless I'm out of the loop?

        • Some banks don't support payid/osko or only support it for receiving or some bullshit.

          I use it for meeting minimum transactions just shuffle money between accounts.

        • +1

          Beem it is more than just instant payment. Like others mentioned the best part is the request payment, history tracking, and split bill features. And it can auto remind someone to pay up if they have forgotten last week's dinner bill :)

        • PayID has been handled poorly so far in my opinion. For example, I'm with Macquarie and you can sign up for PayID, yet I can only receive payments through PayID, I can't send. It doesn't outright state that in the app, I had to delve right into their help files just to find that out.

          It'll be great once it's fully launched and mainstream, but in the mean time, dear god the banks could be handling and promoting it so much better.

          • @swanny246: I like the idea of PayID but in the real world when I've tried to use it to send or receive everyone I've asked hasn't even heard of it. Massively under-advertised system. (I expect I'd find the same thing with Beem It though)

            • @bamzero:

              (I expect I'd find the same thing with Beem It though)

              Yeah you could be right, I'm not actually sure I'd have heard of Beem It if it weren't for Ozbargain. That said, it's been pretty easy to get my family and friends onboard with it, so I'm inclined to stick with it for the moment.

        • with Osko taking 4 days we could have an argument.

      • +1

        So what's the benefit over payid/Osko?

        • +3

          You can use emoji. Westpac, unlike CBA, don't allow emoji in their PayID description …

          Not all banks have PayID either e.g. Citibank, UBank

          • +11

            @kerfuffle: Not often you see “can use emoji” as a big benefit in the financial sector.

            • +3

              @Randolph Duke: Given how old banking systems can be, it's amazing Unicode in a transaction doesn't break their whole business

          • @kerfuffle: This was the only reason I signup to BeemIt

        • +5

          I find beem it to work best with groups of people. Easier to split the bill, and you can see a history of who has/hasnt paid, which makes it less awkward for those " hey did you end up paying me back for that coffee yesterday" conversations

          • @jdawgs: At a glance GUI is far superior to your osko/pay I'd looking at history of repayments as mentioned above. Like windows vs DOS in comparison

        • Payment is done via a handle not a mobile number or email address, you can use ANY (pre-paid or non-osko bank) debit card (as long as you can see the charges), and it's actually faster than Osko at all times.

          A lot of people don't have Osko compatible banks for some reason, so this might be useful for them.

        • You can request a payment and the payer can approve it very quickly. PayID hasn’t got that rolled out yet. It’s coming in the future.

          Along with attaching invoices etc to payment requests

        • Payid is a pita to use

        • For one it's a backup, OSKO was down for me or at least delayed payments multiple times in 2019. Splitting bills, paying by QR codes, it's also being actively developed.

    • -2

      It is a trap. You are going to be the victim and the 3 big banks the trappers. About as bad as trying to find a pure car made by only one maker. Fiat Chrysler and the French are now claiming to be the largest automotive group worldwide. Would I buy a car from them? The answer has 2 letters, N circle.

  • Annoying this about this is that the person my have an Australian identification. Like Aussie passport, Medicare or driver's licence.

    With another competitor, Finch, this isn't necessary.

    If the person is new to Australia, they aren't likely to have any of those identity cards etc

    • You don't need an ID at all with Finch, only to cashout to a bank account.

      • yes, that's what I mean.
        with Finch, it's more straightforward.

    • Walk into Western Union, they sell you an ID for a big commission!

  • +7

    Just a friendly reminder or to those that are new here, at the top of this post you can use the referral links of a random member!

  • I used a referrer code earlier today and only got $5. Maybe I was too early.

    Also, my bankwest card & ubank card were rejected but my mebank card worked.

    • Both my Bankwest and Ubank cards work fine.

    • +4

      $5 for referee, $10 for referrer.

  • -6

    App that advertises itself on Snapchat is a no no for me

    • +1

      Why is Snapchat okay then?

      • -1

        My friends use it, I don't really. But the advertising on there is so unrelated and childishly developed, so much so its off-putting. Comment is mainly me being a baby low-key ranting how those ads make me react xD

  • Great deal, thanks.

  • -2

    Paypal had that years ago. Banks are now copying phone companies, flood the world with cheap start off's, once you trapped your victim hit them over the head.

  • Anyone want to share their referral code if this is allowed?

    • No, it's not. That's what the random referral link at the bottom of the OP's description is for

      • Thanks kerfuffle. Did notice this before. All good

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