The Offer
- YieldStreet offers $200 for simply opening an account through a referral link. No deposit required.
- The referrer also gets $200.
The Fine Print
- Subject to the limitations herein, a “Qualifying New Account” is a new individual Yieldstreet account (i) opened by your Invitee using the special designated link from your invitation, (ii) that has completed all know-your-customer, confirmation of identity and two-factor authentication requirements as may be requested by Yieldstreet in its sole discretion, (iii) that has successfully linked to an external bank account and (iv) has met all of the foregoing requirements in items (i)-(iii) within 30 days of the applicable Invitee’s receipt of the invitation. Yieldstreet is not responsible for incorrect entry or other failure on the part of your Invitees to meet the standards of a Qualifying New Account.
- Referrer Bonus: The terms state a limit on the referrer of 20 referrals per quarter, or $4,000 per quarter. However, some are getting an email stating they have lifted the referrer cap.
Our Verdict
YieldStreet is an alternative investments platform. You don’t need to deposit any funds to be eligible for the $200 bonus, just signing up (with identity confirmation/2-factor) and linking an external bank triggers the $200 bonus for you and $200 for your friend who refers you. So long as you are comfortable giving your info and linking a bank, this can be a really sweet deal, especially if you have a friend who will gain from it as well as the referrer.
There’s a separate alternative deal for signing up and depositing $10,000 to get a $500 bonus.
At this time we do not have a thread for referring to Yieldstreet since the terms stipulate that you only refer friends. Do not offer or solicit a referral in the comments. You can try googling to find a referral link or find another way of connecting with those who have referral links for this product.
Hat tips to readers JL and Adam
