Double your Loqbox Savings Monthly Prize Draw - Terms and Conditions

Double your Loqbox savings

When you invite a friend, we’ll give you £5 towards your savings if you have Loqbox Save. This is called our Invite-a-Friend Scheme and is only available to members with an active Loqbox Save. We’ll also give you and each friend who signs up a place in our monthly prize draw to double your Loqbox savings.

T&Cs apply.

Help your friends build their credit score

The best things in life are the ones we can share with others. Loqbox rewards you for helping your friends grow their credit score and save on credit cards, loans, mortgages and phones.

Here’s how it works:

  1. Tell your friend about us
    Invite your friends by sharing your referral code. You can find yours by logging in to Loqbox.
  2. Your friend joins Loqbox
    Wait for your friend to sign up with Loqbox and make their first payment. They must be new to Loqbox and have never had an account before.
  3. Get £5 and a place in our monthly prize draw
    We’ll pay £5 into your Loqbox, plus give you and your friend a place in our monthly prize draw as long as your referral code is used. This gives you the chance to double your Loqbox savings.


FAQs


How do I refer a friend?

1. Log in to your Loqbox
2. Click on ‘Save’
3. Open the ‘Invite a friend’ tab
4. Copy the link

All you need to do now is pass this link to your friends to use when they sign up.

How many friends can I refer?
There’s no limit to the number of friends you can invite to Loqbox. Keep referring your friends, and we’ll keep boosting your Loqbox by adding £5 for each friend who signs up and makes their first payment.

Plus, you’ll get a place in our prize draw where you and your friend could each double your Loqbox savings. The more friends you invite, the more chances you’ll have to win. Save together, win together.

When will I receive my Invite-a-Friend Scheme bonus?
We’ll pay your £5 referral bonus once your friend signs up and completes their first Loqbox payment.

How will I receive my Invite-a-Friend Scheme £5 bonus?
We’ll pay £5 into your Loqbox automatically once your friend has signed up and made their first payment. You’ll be able to see this under ‘friend bonuses’ by logging in to Loqbox. When you unlock, you’ll get this money paid into your chosen account with your savings.

What’s the double your Loqbox prize draw?
For each of your friends who signs up, both you and your friend will receive one entry into the prize draw, where you could both double your Loqbox savings. We run the prize draw on the 15th of every month, so if you win, we’ll match every pound you save with us up to £2,400. We’ll pay this to your account on file.

Terms and conditions apply.

Invite a friend