• expired

$10 Referral Bonus for Referrer & Referee ($5 Min Investment within 14 Days of Sign up Required) @ Spaceship

1190

$10 deal is back!

Note that referral codes need to be added to your account after you sign up (within 14 days of sign up). Use the referral randomiser to get a code. You MUST invest a minimum of $5 to receive the referral.

I wish I didn't have to say this but people are still ruining it for others by adding their code when they haven't deposited money yet. Don't be a jerk - some are investing for the first time in their life and they're missing out on these referral bonuses.

No fees on the first $5,000 invested, and 0.1% on balances above $5,000

Terms and conditions

Performance of funds can be seen here: https://newwwie.net/ Past performance is not indicative of future performance.

Referral Links

Referral: random (738)

$5 referral bonus for both referrer and referee.

DO NOT ENTER YOUR REFERRAL CODE IF YOU HAVE NOT YET DEPOSITED $5.

Referrer must have deposited a minimum of $5.
Referee must add a referral code and deposit a minimum of $5 within 14 days of sign up.

Related Stores

Spaceship Voyager
Spaceship Voyager

closed Comments

  • +11 votes

    I've received a couple of referral bonuses from OzB. Thanks to those people who randomly selected me!

    • +4 votes

      Never gotten any referrals seems it was dropped from the list once again.

      •  

        Must have to crack the algorithm somehow

    •  

      Same, though a while ago!

      @DaTa they often ask for the referral link/code to be updated frequently, mine prompted me just yesterday, maybe check if it's still there and update if required?

  •  

    Thanks OP had a look at reviews on Product Reviews and Google and they seems favourable. Better than my .05% interest from my savings account I guess..

  •  

    Have added my code, I have invested the initial amount good luck to all investors

  •  

    Is there a way to do one off investments or is it only repeating?

    • +1 vote

      You can do once off and reoccurring investments, keep adding cash into your investment, I think in the future they are allowing switching investment's

  • +1 vote

    I like this a lot more then Raiz.

    No pesky fees.

    • +1 vote

      I signed up for both Spaceship and Raiz initially. I have cancelled and cashed out of Raiz since then due to poor performance and high fees. Raiz is just a selection of ETFs which doesn't justify the fees.

      I chose Spaceship Universe and Raiz moderate aggressive. Of course past performance is no guarantee of future results.

      • +1 vote

        I did Raiz and Spaceship and cashed out of Raiz also.

  • +7 votes

    Joined last time when referral bonus was double……..Investment dropped by 15% the month after haha.

    • +1 vote

      Same with me. Still down 7.5%

    • +2 votes

      I joined last time too. I’m up a little bit. Has gone up and down but in the long run you’ll always end with profit.

      Just don’t pull out if you see your investment down

    •  

      Joined mid year last year, have a profit currently.

    • +2 votes

      Joined the last time they had this offer, invested an extra bit during march when covid was starting. up 70% atm

    •  

      I joined just prior to the pandemic - bit of a drop at the start but came back really strong, and continued to invest bits and pieces over the year. It's now my primary savings holding until I get a house deposit together.

  •  

    Cheers OP. I've received 2 referrals from Ozbargain in the past year so thanks guys.

  •  

    how long did it take for you guys for the ref bonus to be credited in your account?
    mine has taken so long, maybe almost 2 months and still doesn't get it

    • +1 vote

      Is the ref stuck on Pending?

      That means the person who used your code never deposited anything.

      •  

        no, it's just not appearing
        i'm the one that used ref from my friend, and i've definitely have deposited few times already

    •  

      It took a few days for me

  • +1 vote

    Like many I dropped raiz for spaceship because of the fees. Can't really fault them although I'm only putting in $20 a week. Can be a bit volatile due to tech allocation but I'm showing a decent gain vs my contribution. It's showing 6% gain in a month which is good going but unsustainable.

  • +4 votes

    Can somebody please explain in simple terms what's spaceship about and why would I need it if I am planning to invest in shares or manage my super?

    •  

      For the "Spaceship Universe" option (the most popular one), it is a managed fund that invests in global technology businesses, as well as healthcare and consumer discretionary firms. See the portfolio of 100 companies here: https://www.spaceship.com.au/voyager/universe/

      These firms are considered 'growth' companies, and with a heavier weighting towards tech, the portfolio is going to be more volatile than investing in a broad index fund such as one based on the ASX200, S&P500 or a global-based exchange traded fund.

      • +1 vote

        For even simpler terms, is this the case:

        • Sign up using referrals above;
        • Deposit $5+ in the Spaceship Universe;
        • Receive $10 in your Spaceship wallet;
        • Add $10 to the Spaceship Universe;
        • Receive possible extra referrals.

        End result:
        Out of pocket $5, but now have $15 of shares?

        • +2 votes

          AFAIK there's no "wallet" - you can currently only pick one portfolio to invest in, they direct debit you and you receive units.

        • +1 vote

          More simple, like a high interest savings account that you deposit money into except it goes up or down

          • +1 vote

            @Leonidas: Pretty terrible analogy.

            •  

              @Charlie Dont Surf: that's just how I look at it, please enlighten me

              •  

                @Leonidas: Fair enough, it's your investment, you are entitled to look at it any way you want.

                •  

                  @Charlie Dont Surf: I'm just curious as to what a better analogy might be. I feel like spaceship is popular because it's simplified like an online only high interest savings account, the mechanics seem pretty much the same

                  • +1 vote

                    @Leonidas: "Interest" is an income stream, derived from investments such as term deposits and fixed-income securities. The comparable concept in the sharemarket is dividends. Some investors go specifically looking for dividend-paying stocks (usually fully franked) to supplement their income and for tax reasons. Those dividend-paying stocks are typically the big banks and miners. The Speceship portfolio delivers a very low dividend yield, I can't remember the figure last year, but it was very low in yield terms. So this type of investment is really about pursuing capital gains over the medium to long term, rather than providing an income stream ("high interest") .

                    •  

                      @Charlie Dont Surf: Didn't mean to imply that spaceship earns interest, was just using for example an ING savings account as an analogy. All you need to do for both is sign up online with a referral bonus, deposit money, wait for your balance to change and withdraw. Apart from the different tax implications and risk is there anything different from the consumers pov?

    • +3 votes

      I don't see anything that they are stuffing up.

  • +3 votes

    Just my own story invested 3 months ago
    Invested $1100 so far and still negative earning of $55 till today. I think it’s a good investment if I start investing last year or in 2019 , but last few months hasn’t been performing well

    • +1 vote

      THIS! I invested a lot more than that a couple of months ago and only in the past two days has it edged out of the red - barely. I was, at one extended period, experiencing a four-figure dollar loss on paper. I wasn't overly panicked as I know these are good stocks that will rebound eventually but it wasn't a great feeling either, especially as my "boring" ETF was doing, on average, better over the same period, and certainly never in the red.

      Do your due dilligence: Tech stocks favoured by Spaceship are seriously overvalued right now and investors on NASDAQ, where a lot of their holdings are, are becoming very skittish, especially with rising inflation and interest rate rises on the horizon.

      I am now reducing my exposure to this fund by 3/4… but not completely… My feeling is that we're nearing the cusp of another dip cycle. There are safer options right now with better chances of a good return. Tech stocks had an absolute gangbusters run between January and April of this year. Unfortunately anyone who gets in now has probably seriously missed the boat on the best returns, IMHO.

      That said, of course, timing is everything. If I had bought at the very bottom of the dip over the past two months, I'd be singing its praises. But to the OzBargainer I say, before getting in now, when it's at the top of the curve and up 10% in the past month, in the words of Clint Eastwood: Do you feel lucky?

      My mistake was jumping on a referral deal on this instead of timing my entry into the fund to coincide with a dip. You will make A LOT more money simply buying on the dip than the $5 or $10 you make on the referral credit. But the two months of staring at negative returns taught me this lesson about investing.

      •  

        An interesting post. Don't agree with everything, mainly because I think we have different timeframes. What is your investment horizon?

  •  

    Thanks OP!

  •  

    I joined earlier this year and am down a little. I was down much more like a month ago lol, we’ll see how it is next year just waiting for 12 months due to CGT before I pull it out and invest it elsewhere

    • +6 votes

      I wouldn't pull it out until you've at least broken even.

  •  

    I spent a year monitoring returns and reading their updates on strategies and long term visions, this was after signing up with bonuses previously. I'm pretty happy to chuck a fair chunk of money at it now, while you could theoretically do better stock picking and spending a lot of time researching, even a cheap $5 trade on a platform is the equivalent of 0.1% fees on $5k, so it hardly seems worth it.

    I put $4k in my wife's account last week, only day of trading yielded nearly 1%, which is better than a year's savings account interest. My bits and pieces starting last year is up around 30% in total. Going well so far!

  • +2 votes

    $350 a week ive put in for about a year now. My portfolio just hit 20k. Slow and steady

  •  

    I've been using Spaceship Voyager for a few months now. Loving how simple it is. Returns have been good lately as well.

  •  

    Vincent, your referral is showing as pending because you have not made an investment yet, do it so we can both win mate!

  •  

    With regular contributions, I'm up 10.5% since Feb 2020. YMMV.

  •  

    Do you have to declare any of this stuff for taxes? I have never invested before, and I am up for trying this out, but if it’s gonna be a huge bother for taxes, I’ll pass.

    Edit: I realize if I sell I’ll have to declare any capital gains or losses, but what if I just invest $500 and leave it there for a year. Do I have to declare that I invested $500 or declare the value of the $500 (whatever it may be) at the time when I file taxes?

    Sorry if this is a noob question. 😅

    • +2 votes

      You only have to declare if you sell (at profit or loss), if at loss you can use it to offset other capital gains.

      •  

        Thanks very much!

  • +1 vote

    Thanks OP was looking to start up on SpaceShip soon, good timing used the OZ referral coupon code to sign up

  • +1 vote

    Have not gotten the $10 ??? Some guy named Luke (who's referral code I used) "hasn't met the eligibility criteria yet. Once they do you'll both receive your bonuses within five days!"

    Can you please kindly invest the $5 in your account so i and you can get the $10, ( Or more like you get $20 (if you used a referral code for sign up too))

  •  

    I've had a Voyager account for a while and have had referred a few friends (haven't had any come from ozbargain yet though). I've been investing $350 per month and my account is currently up $223. It's a pretty good platform IMO.

  • +2 votes

    I used the random reference from Ozb and signed up only to find that my referrer hasn't deposited $5 yet. Hey Sean, if you are seeing this please take a leap and deposit $5 and make us both rich 😂