How the Syfe referral program works
Syfe tiers the referred friend's reward by their first funding amount: S$20 for S$2,000, rising to S$450 for S$100,000 or more. The referrer gets S$20, or S$40 at the top tier — but only if they themselves hold at least S$1 in the same product the friend funded.
What the program pays
What makes this program different
The referrer is paid on the first product vertical the friend funds, and must hold a position in that same vertical to qualify. It ties the reward to the advocate actually using what they recommended, rather than merely knowing it exists.
Why it works
Requiring the advocate to hold the product they recommended makes the endorsement genuine rather than opportunistic.
Steep referee tiers — more than twenty times between the bottom and top — target high-value deposits precisely.
A fourteen-day retroactive grace period recovers referrals that would otherwise be lost to a forgotten code.
What to copy
- Require the advocate to be a user of the specific thing they are recommending. It costs you nothing and improves referral quality.
- Add a retroactive grace period for entering a code. A meaningful share of referrals are lost purely to the code being forgotten at signup.
- syfe.com returns HTTP 200 for URLs that do not exist, so a resolving status proves nothing on that domain. These figures were read from the page body, not inferred from a 200.
Syfe referrals, answered
How much does Syfe pay for a referral?
The referred friend gets between S$20 and S$450 depending on how much they fund. The referrer gets S$20, or S$40 at the S$100,000 tier — but only if they hold at least S$1 in the same product the friend funded.
What if I forget to enter a Syfe referral code?
Syfe allows a fourteen-day retroactive grace period for entering the code after signup.
Syfe is not a ReferralFlo customer and this page is not affiliated with, endorsed by, or sponsored by Syfe. All terms described here are taken from Syfe’s own published materials as at 4 August 2026 and may have changed since. Trade marks are the property of their respective owners.
Want a program like Syfe’s?
ReferralFlo runs the mechanics on this page \u2014 tiered rewards, qualification rules, caps and payouts \u2014 without engineering time.