What you get and what you need to do
What you need to do
- 1Follow your MyPayNow invite link or type T5NPFR8H in the referral field during registration.
- 2Connect a supported Australian bank account, finish identity and employment checks, and confirm the referral appears in the app.
- 3Request and receive an approved wage advance. MyPayNow then transfers A$50 to each party when the advance meets refer-a-friend rules.
What you get
Qualifying first-time MyPayNow users and their inviters each get A$50 paid to linked bank accounts once the newcomer is approved and draws a wage advance. Creating a profile alone is not enough, and referrals cannot be backdated. Advances are repayable credit with a 5% charge plus 24% annual interest capped at 62 days under MyPayNow's target market determination.
Referrer side: A$50 after friend's qualifying advance
Eligibility and gotchas
- Staff, contractors, self-referrals, and anyone with a prior MyPayNow profile are excluded.
- Centrelink-only income and unsupported banks fail affordability checks for advances.
- The A$50 is separate from advance principal and still must be repaid with fees and interest on the advance itself.
Double-check expiry, eligibility and exclusions on the provider's site before you sign up.
Official referral terms ↗
