kuda microfinance bank app review

Kuda Bank Referral Code 2023: Get 1000 Naira Sign up Bonus

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Are you looking for how to get the kuda referral sign-up bonus? This post covers everything you need on the Kuda bank referral code bonus program.

On the Kuda app, when you sign up through this referral link or enter this referral promo code REoK8rDO during sign up, you get a 1000 Naira bonus after you verify your account and buy at least 500 Naira airtime.

Therefore, this post explains how to get this bonus on the kuda bank app and some related topics.

So, let’s dive deeper.

Latest update: Kuda has reduced the referral bonus to ₦200 till further notice

What is Kuda Bank

Kuda is a microfinance digital bank that offers personal and business banking solutions to individuals in Nigeria at a reduced cost or free.

Such services include savings, bank transfers, loans/overdrafts, debit cards, bill payments and so on.

Founded in November 2015, Kuda bank is set to transform banking in Nigeria. Most of its services are free such as debit cards. No overcharging like commercial banks and higher interest rates on your savings. This is why Kuda is called the bank of the free.

Interestingly, being a digital bank, Kuda operates in every state of Nigeria with its headquarters in Lagos and London.

Kuda bank is a digital bank, licenced by CBN. So, to enjoy Kuda services, you have to download the app on Google or Apple store. Afterwards, sign up for an account and verify it.

You can read my full review on the Kuda bank app here

Kuda Bank Products and Services

Some of the Kuda bank products and services customers can enjoy are:

  • Personal account
  • Business account
  • Overdrafts/Loans
  • 25 Free Bank Transfers monthly
  • Airtime and Bills Payment

How to get Kuda Bank App Referral Sign-up Bonus

Below is how to get your Kuda bank referral sign-up bonus of 200 Naira:

  1. Download Kuda bank App
  2. Create an Account
  3. Enter Referral Code: REoK8rDO
  4. Verify your Account
  5. Buy ₦500 Airtime
  6. Receive the Bonus in your Account

So, let me explain these steps a bit.

1. Download Kuda bank App

Click this link or go to Google Playstore or App Store. Then, search for Kuda and install.

2. Create an Account

Open the app, tap Start and fill in your details. Email address, Password

3. Enter Referral Code: REoK8rDO

Then, tap Have a referral code and enter REoK8rDO if the code is not there.

4. Verify your Account

After you finish your account set-up, verify your account with BVN, ID, Selfie passport etc.

5. Buy ₦500 Airtime

Afterwards, deposit at least 500 Naira to your account. Then, buy airtime of 500.

6. Receive the Bonus in your Account

After buying the airtime, kuda bank will credit your account with ₦200 after 24 hours or less.

Kuda Bank App Referral Bonus Terms and Conditions

On the Kuda app, these requirements need to be fulfilled when creating your account in order to receive the sign-up bonus.

  • Click this Kuda link to sign up. Or enter the referral code REoK8rDO during the sign-up.
  • Verify your account with your BVN and valid ID
  • Buy at least 500 Naira airtime on the app

Note: it is important you follow it step-by-step to get your sign-up bonus. For instance, do not buy the airtime before you verify your account.

Kuda Referral Code Program

The Kuda referral program is available for both new and existing customers.

As a new customer, if you follow the steps on how to get a referral bonus on the kuda app stated above such as entering the code REoK8rDO, you will receive the 1000 Naira bonus instantly.

Kuda referral code bonus

Kuda Refer and Earn

Furthermore, the Kuda Refer and Earn program gives existing users the opportunity to invite their friends and earn a referral bonus.

So as an existing customer, you can refer your friends to sign up on the kuda app. When they fulfil the above requirements, both you and your friends will get the bonus.

How to get your Kuda Bank App Referral Code

To get your kuda bank app referral code like this REoK8rDO, open the Kuda app, tap More and tap Referrals. Then tap copy symbol or Share.

How to withdraw your Kuda app Referral Bonus

Do you wish to withdraw your Kuda referral bonus to your other bank account? Follow these steps on how to withdraw it:

  1. Open the Kuda app and tap Payments
  2. Then, tap Send Money.
  3. Fill in the details. Amounts, Bank name and account number.
  4. Afterwards, tap Next to confirm the transaction.
  5. You should receive your money in a moment

Of course, it is not a must you withdraw your referral bonus. You can use it to pay bills or buy airtime and data on the kuda app.

Kuda Bank App Referral Code Alternatives

These Kuda bank app referral code alternatives also give you a bonus when you create an account with them


How much is the Kuda Referral code bonus?

Kuda bank pays a 1000 Naira referral bonus when you sign up and enter the code REoK8rDO.

Can I withdraw my Kuda referral bonus?

Yes, you can withdraw your kuda referral bonus. To withdraw, open the Kuda bank app and tap the Payments tab. Next, tap Send Money and fill in the details.


Finally, you have seen how to sign up and get the Kuda app referral bonus including the requirements.

Kuda bank is one of the best digital banks in Nigeria which reduces overhead charges attributed to physical banks and still rewards customers with a bonus and high interest rates.

Therefore, try it and let me know your experience.

Do you have questions or comments? Please drop it in the comment section below.

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  1. Abba Abdulllahi Wakili on May 25, 2022 at 5:35 am

    Hello I used your referral code
    Please go to referral and claim for me to get 1k
    am waiting for you since

    • admin on May 25, 2022 at 12:21 pm

      Hello Abba.
      I do not need to claim it for you to get the 1k bonus. Please, check the referral bonus terms and conditions again above.
      All you need is to use the referral code, verify your account and buy at least 500 naira airtime on the kuda app.

      If you have done these 3 things, wait for at least 24 hours to receive the bonus.

  2. Ismail on June 27, 2022 at 9:19 am

    Is this bonus stii going or stopped

    • admin on June 27, 2022 at 12:21 pm

      The bonus is still working as of today, although Kuda states the offer ends 26/06/2022.
      I suggest if you use the code, complete all the requirements ASAP to get your 1k bonus.
      That is, verify your account to Tier 3 and buy 500 Naira airtime

  3. Oluwaseun Esho on June 28, 2022 at 11:26 pm

    I opened a kuda account using your referral code on Friday 24/6/22.
    My NIN verification was rejected thrice.
    I funded my account and bought #500 airtime on Saturday.
    I tried the verification again on Sunday and it was successful.
    I’m yet to receive my bonus.
    I sent a mail to kuda today.
    In their response, I was told to contact my referrer.

    What can I do?

  4. Oluwaseun Esho on June 28, 2022 at 11:29 pm

    This is the response I received from kuda.
    Hi Oluwaseun,

    Thank you for reaching out.

    We’re sorry for the inconvenience.

    Please, have your referrer reach out to us regarding this complaint to enable us help.

    Thank you.


    The Kuda Team

    • admin on July 1, 2022 at 12:19 am

      Hello Olawaseun.
      So I reached out to Kuda customer care and this was the response
      “…I am sorry about this.
      I have escalated this to our Technical Team.
      You and your referee will be credited soon.
      Please be patient with us.
      Thank you.”
      Hope they will you will get it soonest

      I think this issue happened because you bought airtime before you verify your account instead of after.

  5. Emmanuel on August 4, 2022 at 12:48 pm

    Please, is this promo still on?

    • admin on August 5, 2022 at 4:12 am

      Yes, but it is currently 200 Naira

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