If you are searching for the Fab Money referral code to unlock instant signup benefits and earn additional rewards through referrals, you have reached the right place. Fab Money is one of India’s fast-growing earning apps offering users daily rewards, cashback, and referral bonuses with zero investment.

Fab Money Referral Code — What You Need to Know (2025 December Update)

If you’ve heard buzz about “referral codes” for Fab Money and wondered whether you can really earn by signing up or referring friends — this post digs into what Fab Money is, what the “referral/reward” promises are, what the company says in its own terms, and what recent developments you should know before you invest time.

What is Fab Money?

Fab Money describes itself as a prepaid-card + city-rewards platform. The card lets users transact like a prepaid/RuPay-based card, and the platform promises “city-rewards, cashback and offers” — including on categories like food, shopping, lifestyle, etc.

According to official information, Fab Money belongs to Fab Money Technologies Private Limited.

The platform emphasizes benefits such as: no annual fees, no minimum balance requirement, and cashback on transactions.

In short: Fab Money is pitched as a prepaid card + rewards/cashback ecosystem — not a “get-rich-quick scheme.”

What Was the “Fab Money Refer & Earn / Fav Money Referral Code” Offer

Historically, Fab Money also ran a “Refer & Earn” / referral-code programme, where:

New users who signed up (and activated the prepaid card + completed certain steps) reportedly got a “signup bonus” or cashback benefit.

Referrers (people who shared their unique referral codes) could get rewards — for example, there have been claims of ₹50 cashback on referrals under some “invite & get ₹50” campaigns.

Additional cashback and discounts could come via usage of the prepaid card for merchant transactions — since Fab Money provides regular cashback (e.g. minimum 1%) on spends.

Thus: referral bonuses + transaction-based cashbacks formed the economic value proposition.

Important Recent Development — Discontinuation of Prepaid-Card Programme

As of very recently, the founder (or leadership) of Fab Money appears to have announced that they are “discontinuing the Fab Money prepaid card business.” The cited reason: despite early traction and thousands of card activations, long-term retention and monetization proved challenging.

Key implications:

• Fab Money has reportedly stopped onboarding new users under the prepaid-card scheme.
• Existing customers may still be serviced until their balances are “consumed,” but no new card issuance or perhaps no new onboarding is implied.
• Given this change, promises of “referral bonuses” tied to new user signups or card activations become questionable — since new user signups are reportedly halted.

What This Means for People Searching for a “Fab Money Referral Code”

If you were looking for a working referral code for Fab Money in 2025 — be cautious:

• Given the public discontinuation of the prepaid-card programme, it is unlikely that referral codes (for new sign-ups) will remain valid or yield rewards.
• Any blog or website claiming that “Referral Code: XYZ – Get ₹100 bonus” may be outdated or misleading.
• Cashback from card transactions (for existing users) may still work — but referral-based earning opportunities are likely dead or limited.

How the Fab Money Referral Program Worked (Complete Breakdown)

Fab Money’s referral system was designed to reward both new users and existing referrers. The flow consisted of three main components:

1. Signup Bonus
2. Referral Rewards
3. Card Activation Steps (for eligibility)

Here is a detailed explanation of each stage.

1. Signup Bonus – What New Users Received

When a new user joined Fab Money using a referral code, they became eligible for an instant signup bonus. This bonus was credited to the user’s Fab Money wallet after completing the required onboarding steps.

Signup Bonus Conditions Typically Included:

• Entering a valid referral code during registration
• Verifying mobile number through OTP
• Completing basic KYC
• Activating the Fab Money prepaid card (if required during the offer period)

Once the user activated their account and completed the initial steps, the signup reward was released to their wallet.

2. Referral Rewards – Benefits for the Inviter

Users who shared their Fab Money referral code (referrers) earned rewards for every successful signup.

How Referral Rewards Were Triggered:

A referral was considered “successful” when the invited user completed:

1. Account creation
2. Referral code entry
3. KYC verification
4. Card activation (if required)
5. First transaction/activity (during promotional periods)

Referral Rewards Usually Included:

• Fixed cashback amount per referral
• Extra bonus for completing a set number of referrals
• Tiered rewards during festive or promotional campaigns

These rewards were added automatically to the referrer’s Fab Money wallet.

3. Card Activation Steps – Essential for Referral Eligibility

During specific phases of Fab Money’s referral program, signup and referral rewards were linked to the activation of the Fab Money Prepaid Card.

Card Activation Steps:

Step 1: Download the App

Users had to install the Fab Money app from Google Play Store.

Step 2: Create an Account

• Enter mobile number
• Verify with OTP
• Provide basic details

Step 3: Enter Referral Code

A referral code had to be entered during registration to ensure bonus eligibility.

Step 4: Complete KYC

Required documents included:

• Aadhaar
• PAN
• Selfie verification

Step 5: Activate the Prepaid Card

Users were guided through:

• Setting PIN
• Enabling the card for online/offline use
• Loading minimum balance for activation (if applicable)

Step 6: Perform First Transaction

Many promo cycles required users to:

• Make their first payment, or
• Complete a small transaction, or
• Use the feature once

This action unlocked both:

• The new user’s signup bonus, and
• The referrer’s reward

Illustrative Flow of the Referral Journey

1. Referrer shares code →
2. New user signs up + enters code →
3. New user completes KYC →
4. Card gets activated →
5. First transaction done →
6. Signup bonus + referral reward released instantly

Why This Structure Worked Well

The referral flow was designed to:

• Encourage genuine user onboarding
• Ensure users activated and used the prepaid card
• Promote continuous engagement through rewards
• Reduce fake or incomplete signups

This made the program effective both for Fab Money and for users who consistently referred new people.

What This Means for New Users — Reality Check on Referral Codes & Risks

For new users, it is important to understand that relying solely on referral codes as an earning strategy comes with significant risks. Referral programs may be discontinued, modified, or restricted without prior notice. A referral code that worked earlier may no longer activate bonuses if the platform changes its policies, stops onboarding new users, or alters its reward structure.

Many users assume that referral codes guarantee instant monetary benefit, but in reality, reward crediting depends on multiple conditions: KYC approval, card activation, first transaction, and compliance with updated terms. If any step is removed or restructured, the referral reward may not trigger at all.

Therefore, new users should treat referral codes as supplements, not as guaranteed financial gains. Before signing up, always review the app’s latest terms, evaluate whether the platform is actively functioning, and avoid depending on referral-based income for regular earnings.

Alternatives & Advice — Legit Cashback / Reward Apps to Consider

If your goal is to earn rewards, cashback, or signup bonuses, it is advisable to explore other platforms that maintain transparent, stable, and actively maintained programs. Several legitimate fintech and rewards apps continue offering consistent cashback and referral incentives.

Recommended Alternatives:

• CashKaro – Highest-earning affiliate cashback platform for online shopping.
• Paytm First Games / Task-based apps – Offers reward points for tasks and engagement.
• Google Pay / PhonePe – Periodic cashback campaigns linked to UPI activity.
• Cred – Cashback and rewardcoins for credit card bill payments.
• Slice, OneCard, Fi (if available) – Known for transparent cashback programs integrated into card usage.

General Advice:

• Verify app legitimacy through Play Store reviews and official website updates.
• Avoid apps that promise “guaranteed earnings” without clear terms.
• Never load money or make transactions only to claim a referral reward.
• Treat cashback and rewards as bonus savings, not primary income sources.
• Always ensure the platform currently supports onboarding before using referral codes.

Exploring stable, active platforms ensures a safer, more reliable earning experience.

Conclusion & Recommendation — Be Transparent and Avoid “Easy Money” Traps

Referral programs can be attractive, but they should not be portrayed or perceived as easy money. These schemes depend heavily on platform policies, user activity, and compliance with terms that can change at any time. New users should approach referral-based rewards realistically, understanding that such incentives are meant to promote engagement—not to serve as regular income.

For content creators and bloggers, transparency is essential. Present referral programs as opportunities, not guarantees. Encourage readers to verify details, stay updated, and diversify their earning methods rather than relying on any single app.

In short:

• Be cautious.
• Stay informed.
• Treat referral programs as optional, not foundational.
• Choose reputable platforms with consistent track records.

This approach ensures you provide responsible guidance while helping users benefit from legitimate digital reward ecosystems