This was posted 1 year 3 months 10 days ago, and might be an out-dated deal.

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Sign up, Verify ID, & Deposit $1,000 within 30 Days to Receive A$50 Store Credit to Buy Stocks, ETFs, Crypto @ Syfe

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Sign up, Verify ID, & Deposit $1,000 within 30 Days to Receive A$50 Store Credit to Buy Stocks, ETFs, Crypto @ Syfe
Go to Deal
Cave Fire on 18/01/2023 - 20:35 help.au.syfe.com (333 clicks)
Last edited 04/03/2023 - 00:31 by 2 other users
SYFE50

They are also doing a $60 referral as below. Got my $50 super quick. Quick sign up + no photo kyc. Received bonus in one day. T&Cs says $1000 deposit must be in account for three days, but withdrew mine next day without penalty. They use something like Osko. Can add (syfe50) into promotions in the app vs using on signup. Or use the referral for $60 and someone gets $20 as well.

Syfe’s Welcome Promotion

Syfe is offering a cash credit of A$50 for eligible clients to purchase stocks, ETFs or crypto of choice. To be eligible, you must:

  • Sign up and create a Syfe account
  • Use promo code SYFE50 during sign up or via the app menu button > promo referrals > referral/promo code
  • Fund a minimum of A$1,000 into your account

To be eligible, you must complete the outlined actions within 30 days of applying the promo code. You must also be an Australian citizen or resident.

You can also enter the promo code ‘SYFE50’ by selecting the menu button > > promo referrals > referral/promo code

Referral Links

Referral: random (16)

Referee gets $60 credit after $1000 deposit. Referrer gets $20 credit.

Financial Cryptocurrency Exchange Traded Fund Investment Share Trading

Related Stores

Syfe
Syfe

closed Comments

  • Jessie Ryder on 18/01/2023 - 20:42
    +10

    Yeah, no

    • wetwork on 18/01/2023 - 20:49
      +3

      What could go wrong?

      • xmagic on 19/01/2023 - 01:43
        +2

        Everything?

    • Cave Fire on 21/01/2023 - 22:23
      -1

      Actually one of the better referral offers. Company with little to no bad reviews. Credit's given out quickly and your deposit can be osko'd back.

  • Cave Fire on 18/01/2023 - 20:44
    -2

    Not associated…

  • THX on 18/01/2023 - 20:44
    +1

    better off paying the ATO

  • Cave Fire on 18/01/2023 - 20:46
    +3

    Might be better off using the referral offer….

    • eli8te on 19/01/2023 - 09:16
      +1

      Nope. I had a flick through T&Cs, the referral code entitles you to $60 AUD whereas the above promo code gives you $50 USD, so you are about $12 better off using the promo code.

      • Cave Fire on 19/01/2023 - 11:32

        It's $50 AUD for Syfe50.

        • eli8te on 19/01/2023 - 11:58

          Oh my bad, i read the part where it said credit will be received in US credits, upon second look you are right. Do you know if they stack?

          • Cave Fire on 19/01/2023 - 13:40

            @eli8te: Might have to check with the syfe CS. Nothing in TCS re: stacking. Bit dirty tho…

  • Raj09 on 18/01/2023 - 21:56
    +1

    Does not look appealing. $1000 for 50$?

    • Cave Fire on 18/01/2023 - 22:02

      $1000 has to be in there for three days. I got my bonus early (after one day) and withdrew the deposit with no penalty.

      • Raj09 on 18/01/2023 - 22:22

        OK. Got it.

  • bluecoral on 18/01/2023 - 22:55

    Neither the promo code or the referrals seem to work when I put them in the referral box when signing up

    • Cave Fire on 18/01/2023 - 23:02

      Not sure about referrals, added Syfe50 on signup (green box) and again when I downloaded the app.

      • bluecoral on 18/01/2023 - 23:03

        Seemed to work once I created my account

  • JHoliday on 18/01/2023 - 23:27

    Isn’t referral code better than the promo code? I’m guessing you can’t stack both?

  • Cave Fire on 19/01/2023 - 13:39

    Can check with syfe CS if they stack… You would do the referral offer, then enter Syfe50 after app is installed.

  • jwl81124 on 19/01/2023 - 13:58

    Other terms and conditions

    • This promotion cannot be used in conjunction with any other Syfe promotions or offers.
    • Net deposit of A$1,000, which is the total deposited amount minus withdrawal amount (excluding fluctuation of portfolio value), must be maintained for at least 3 days to qualify for the reward.
  • IsTops on 20/01/2023 - 07:35

    HIN sponsored?

    • Cave Fire on 20/01/2023 - 16:33
      +1

      based in singapore and only US stocks afaik.

  • JHoliday on 20/01/2023 - 14:47

    How long did it take for your $1000 deposit to be reflected in your accounts?

    • IsTops on 21/01/2023 - 06:37

      Instant

  • bargaindaddy on 22/01/2023 - 14:38

    Reading the terms I don’t think you can ever withdraw this bonus? I deposited $1000 and got the bonus. Bought some AAPL and sold. I can only withdraw the money above the initial buy price. I think the bonus money stays in ther forever. Definitely not worth it then.

    • Cave Fire on 22/01/2023 - 17:21
      +1

      I've closed all holding positions. How can I withdraw the cash in my account?

      If you recently executed a sell trade, there is a 2 business days settlement period before you can withdraw funds. Once the settlement period is complete, a full withdrawable balance will be displayed. You can then submit a withdrawal request by logging in to your Syfe account.

    • JHoliday on 16/02/2023 - 09:27

      Did you need to convert from USD to AUD before withdrawing after selling the stock?

  • jwl81124 on 25/01/2023 - 09:54

    very smooth experience, got the bonus the next day after opened the account, didn't use my own money to buy and sell the stock, win win.

    • Cave Fire on 25/01/2023 - 21:34
      -1

      Thanks, yeah best referral deal running on here imo.

  • matbargain on 01/02/2023 - 19:20
    +1

    Thanks worked great easy $60, money out

  • MiscOzB on 06/03/2023 - 20:13
    +1

    I actually received both the $60 as a referee (40.30 USD), as well as the $50 from the promo code (33.56 USD), was not expecting that… great deal.

    • bobwokeup on 10/03/2023 - 17:00

      Ah no way now that’s worth it. Did you just click the referral link 1st to sign up and then enter the promo code during signup?

      • MiscOzB on 10/03/2023 - 18:07

        I entered a referral code during signup then entered the promo code after signing up. Then deposited the $1000. Credits came through seperately a few days apart.

        • bobwokeup on 10/03/2023 - 18:13

          Thanks for confirming. I’m also going to deposit $1000 and hope that the shares are a better value 🤣

        • NDIB on 04/06/2023 - 15:24

          Awesome.
          Possible for you to confirm if you signed up using the Mobile "Browser" or Mobile "App"?

          Not sure if both Browser or App allow entering both Referral & Promo codes? Or only one of them?

          Checking which you used to signup, as you were able to enter in both codes at sign-up and after signup.

          Also, as you need to convert the USD credits to buy then sell Shares/EFT or Crypto before being able to withdraw the AUD funds.

          Can anyone confirm the Trading fees for Syfe(as per their website?
          ASX Shares Fee$5aud per trade
          US Shares Free $1.50usd per trade
          ETFs/Crypto Fee1%

          Thanks!!

          • MiscOzB on 05/06/2023 - 01:58

            @NDIB: IIRC I did everything through the app, both signing up and entering the referral and promo codes.

            Not sure about the last part of your question, but I think it did have fees when I bought (haven't sold the shares I bought yet).

            • NDIB on 05/06/2023 - 07:44

              @MiscOzB: Thanks for confirming!
              I will use App then!

              Seems Syfe is charging trading fees as listed on their website.
              Unlike the current Tiger Brokers and Moomoo deals where Trading is free under promotion signup for 60-90days

  • ilovefullprice on 07/06/2023 - 18:00
    +1

    Looks like they have updated the app. You can’t enter a promo code anymore when signing up on the app. Promo/referral codes can now only be entered after you have signed up for an account. Once you have entered a promo/referral code, you can’t enter another one while the first code is still active. This means it’s more worth while using a referral code which gives higher $60 than the promo code SYFE50 which only gives $50.

    Also referrer now gets $30 rather than $20:
    https://help.au.syfe.com/hc/en-us/sections/7661316039449-Pro…

  • Cave Fire on 07/06/2023 - 18:02

    Thanks for that. Editing is locked…. Use the above comment as last update.

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