PassTo Referral Code

A three-fold discrepancy sits in the published terms. Here is exactly what is disputed, what is not, and which condition decides whether the offer is worth anything.

Start with the contradiction, because it is a factor of three.

One headline reads "Earn £50 by Inviting 3 Friends." A summary elsewhere reads "You get £50, they get £5 each." But the answer to "what are the rewards for referring someone?" reads "You earn £50 free credit for each friend who signs up using your link and makes their first international transfer of at least £200."

Those cannot both be true. £50 for three friends is about £16.67 a referral. £50 for each friend is three times that. This page will not choose between them and present the answer as verified — check the figure in the app before you plan around it, and treat any listing quoting one of these without mentioning the other as having simply not looked.

What is not in dispute, and it is the part that matters more:

The referred person receives £5 — not £50. The larger number, whatever it turns out to be, is on the referrer's side. A first international transfer of at least £200 is required, so £5 to the referred person is 2.5% of the qualifying transfer, and the reward exists only for someone who was going to move a meaningful sum anyway. The qualifying transfer must be completed within 30 days of signing up. It is free credit, not cash — the terms use the words "free credit" throughout even where a headline says "Earn" — and credit at a transfer service is only worth its face value if you keep transferring. It is not withdrawable and it is not money. The programme is available only for transfers sent from the UK and EEA countries, and referrals cannot be used for business transfers or top-ups.

Take the credit point seriously, because it is what makes a large-sounding number smaller. There is one case where credit is nearly as good as cash: a bill you owe every month whether you like it or not, where £50 off it is £50. A money transfer service is the opposite case. Most people transfer money internationally rarely and irregularly — for a specific reason, at a specific time, and then not again for months. Credit at such a service is worth its face value only to the sort of person who sends money abroad routinely — someone supporting family overseas, paying an overseas mortgage, or running a small import business. For everyone else it is a discount on a transaction they may never make, and its real value is somewhere well below the number printed on it.

How to work out what it is actually worth to you, in one question: how much will I send abroad through this app in the next twelve months? If the answer is "nothing in particular", the credit is worth close to nothing, however large the figure.

And the standing point for this whole category: money held with a transfer provider is generally safeguarded rather than covered by a deposit compensation scheme — your own money, held apart from the firm's and returnable if it fails, but with no compensation scheme topping up a shortfall and returns administered rather than automatic. Send money through; do not store money in. A credit balance you are keeping for a future transfer is, in this sense, stored money.

Finally, and this outranks everything above: compare how much arrives. Put your actual amount into two or three providers on the same day and compare the recipient figure in the destination currency. The exchange rate margin is usually a bigger cost than the fee, so a provider offering the largest sign-up credit can easily be the most expensive place to send money — and on repeat transfers that gap will outrun any one-off bonus.