How To Get a PayPal Referral Bonusįor every new user you refer to PayPal, you’ll receive a $10 bonus. If you live outside of the United States, you won’t be able to take advantage of these offers. PayPal’s bonuses and promotions are only available to those with a U.S. If you violate this condition, PayPal may disqualify you from their referral program and revoke any referrals you’ve received up to that point. It’s only for friends, family members and personal acquaintances. PayPal’s terms and conditions clearly state that you can’t share your referral link online or in a public location where someone you don’t know can sign up. You Can’t Share Your Referral Link Publicly If more than ten people sign up using your referral link in a given year, you won’t earn a bonus for those additional referrals. There’s a $100 Annual Cap on RewardsĮxisting customers who refer a friend or family member to PayPal can’t earn a bonus on more than 10 referrals per year, for a maximum of $100. This means any PayPal bonuses you earn will count as taxable income, and you’ll owe taxes on the money when you file your return. The IRS considers bank bonuses to be earned interest, which is subject to taxation. PayPal’s bonuses and promotions are pretty straightforward, but there are a few things to keep in mind. What Else Should You Know About PayPal Bonus Offers? You can earn this reward up to 10 times per calendar year, for a maximum reward of $100.
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