Frec: $250 Referral Brokerage Bonus ($20,000 Minimum)

The Offer

Direct link to offer

Brokerage Frec is offering a $250 bonus to both parties when the person being referred opens a new direct indexing account.The direct indexing account has a $20,000 minimum

The Fine Print

.There is a limit of four (4) referrals or $1,000 in bonus amount per
qualifying brokerage customer per 12-month rolling month period

Our Verdict

Pricing is 0.1% or $20 annually for $20,000.You’re limited to 4 referrals ($1,000) per account.

Feel free to share your referrals in the comments below.

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Frequently Asked Questions

Certainly. Unlike personal loans, you won't face any penalties for settling your balance ahead of schedule. However, it's crucial to keep in mind that if your credit card comes with a 0% introductory offer, it's essential to clear your balance completely before the 0% promotion expires and interest charges apply.

However, you can include additional cardholders, each with their own card. While sharing the single credit limit, the primary cardholder remains responsible for settling the debt.

Potentially, yes. Credit card APRs are typically variable, allowing lenders to change rates, impacting your monthly payments. Additionally, be mindful that introductory 0% offers can lead to higher interest rates once they expire. So, it's wise to clear your balance before that happens, if feasible.

Indeed, credit builder cards exist for those with less-than-ideal credit scores. These cards offer lower credit limits (typically £150 to £1,200) and higher interest rates. Responsible use, including full and on-time payments, can gradually boost your creditworthiness, potentially opening doors to better credit card offers down the line.