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Referral reward

Once you have opened an account with Stake, you can get additional bonus stock by inviting friends, family and contacts to join us. Share your unique referral code, which you can find on your Stake Rewards hub or through More > Profile on the Stake app.

How does it work on Wall St?

When friends use your referral code to open a Stake Wall St account and then fund it, you’ll get a randomly selected stock in Nike, Dropbox or GoPro.

Their funding doesn’t have a 24-hour limit to earn you a referral reward, but if they wait longer, they’ll miss out on their starter stock described above. So you can encourage them to fund sooner rather than later for their benefit. Just make sure they use your unique referral code during signup.

Please note this promotion is only available for Stake Wall St individual accounts.

See the Stake Wall St Rewards Terms and Conditions for more details.

Sharing

Sharing your referral code is super easy. Simply head to your Rewards Hub on the Stake app or desktop, and share your unique code from there via text, messaging app, social media and more. You can also copy it to paste wherever you’d like.

Managing referrals and claiming stock

All information regarding pending and available stock rewards is available through the Account tab in your Stake account.

We’ll keep you informed along the way, including reminders if someone has signed up with your code but hasn’t funded their account yet (so you can give them a nudge if you’d like). We’ll send a confirmation once each referral reward can be claimed.

Please note that rewarded stock can take 1-2 business days to be credited to your account. For any issues with referrals and free stock, please contact our support team.

How does it work on AUS?

Once you have opened an account with Stake, you can unlock ASX brokerage discounts by referring your friends and family to the platform. 

For each person who signs up to Stake AUS using your unique referral code, you’ll receive $1 off your brokerage for a year (capped at 10 trades per month). 

How does it work? 

When someone uses your unique code to open a Stake AUS account and then fund their account, you’ll get a year of discounted brokerage. 

Their funding doesn’t have a 24-hour limit to earn you a referral reward, but if they wait longer, they’ll miss out on their welcome reward of A$10 buying power. So you can encourage them to fund sooner rather than later for their benefit. Just make sure they use your unique referral code during signup.

These discounts can accumulate to give you A$2 off your brokerage if you refer two people, or $3 for three people, while the discount periods overlap. This could effectively mean free ASX brokerage on trades up to A$30k. Please note this promotion is only available for Stake AUS individual accounts.

What happens if I refer more than three people to Stake AUS?

If you bring more than three people to Stake AUS within a 12-month period, you’ll be able to ‘bank’ up the eligibility for additional brokerage discounts at the expiry of the earliest ending referral reward. 

For example, suppose you refer four people throughout calendar year 2024 as follows:

  • Friend #1 is referred and funds their Stake AUS account on 31 January 2024.
  • Friend #2 is referred and funds their Stake AUS account on 30 March 2024.
  • Friend #3 is referred and funds their Stake AUS account on 30 April 2024.
  • Friend #4 is referred and funds their Stake AUS account on 30 July 2024.

The $1 discount will apply as normal and accumulate as Friends #1, #2 and #3 fund their accounts – which means that from 30 April 2024, you’d be getting $3 off brokerage on up to ten $0 brokerage ASX trades/month. 

When Friend #4 funds their account, an additional $1 brokerage discount gets banked in your Stake AUS account, to be automatically applied at the expiry of Friend #1’s discounted brokerage period on 31 January 2025. This would keep the $3 discount going until 30 March 2023, when it would come down to $2 as another 12-month period ends (for Friend #2’s referral).

Please note that brokerage discounts are valid for 12 months from the date a referral makes a qualified deposit into a new Stake AUS account. For any issues with referrals and brokerage discounts, please contact our support team.


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Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) ('Sanlam') and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) ('Airwallex'). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. Stake SMSF Pty Ltd (‘Stake Super’) is not licensed to provide financial product advice under the Corporations Act. This specifically applies to any financial products which are established if you instruct Stake Super to set up a self managed super fund (‘SMSF’). When you sign up to Stake Super, you are contracting with Stake SMSF Pty Ltd who will assist in the establishment of a SMSF under a ‘no advice model’. You will also be referred to Stakeshop Pty Ltd to enable your trading account and bank account to be set up in order to use the Stake Website and/or App. Stakeshop Pty Ltd will also run marketing and promotions to you under. For more information about SMSFs, see our SMSF Risks page.The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake and Stake Super, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice given by Stake is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to invest on or use Stake or Stake Super. By using our website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake and Stake Super are registered trademarks in Australia.

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