We’ve launched a generous referral scheme for our Tembo savers who successfully refer new customers to our easy access Cash ISA or Lifetime ISA products. For every friend you successfully refer to Tembo from the 1st August 2025, you’ll get a reward from £10 to to £100! You refer friends by sharing your unique referral link with them.
👉 Head to ‘Settings’ on the Tembo app, then click ‘Invite friends’ to get started.
Please note: for successful referrals made before 1st August 2025, the bonus amounts will remain £15, £25, £50, £100, or £250 as per version 1.6 of the Terms & Conditions, which can be found here. This means that even if you haven't yet received your bonus, if your friend used your referral link and entered their email address before August 1st 2025, your bonus will be based on the previous bonus structure.
To qualify, the referred customer must sign up using the referrer’s custom link (found in app) and: Both the referrer and referred friend must meet specific eligibility criteria. The referrer's account must be active with at least £500 in a Tembo Cash ISA (Easy Access or Lifetime ISA). Meanwhile, the referred friend needs to use the referral link accurately during sign-up and deposit at least £500 into their new account. The account funding must occur within 30-45 days of signup, depending on the account type.
Open a new Tembo Cash ISA or Lifetime ISA and fund it with £500 or more within 30 days of claiming the reward in app; or
Initiate the transfer of an existing ISA or Lifetime ISA with a balance of £500 or more to a Tembo ISA or Lifetime ISA within 30 days of claiming the reward in app.
The referrer must also have at least £500 in their account. Please note the Tembo Cash ISA – Fixed Rate is excluded from this promotion.
How will I get the reward?
Your reward will be paid into your Tembo Cash ISA (or Tembo Lifetime ISA if you don’t have a Cash ISA) when the referral is complete. Your friend will also receive a matching reward into their Tembo Cash ISA or Tembo Lifetime ISA. Be aware that while you can invite as many friends as you like through our referral scheme, only the first 5 completed referrals per month will be eligible for a reward for the referrer. Rewards after the first 5 completed referrals per month will only be paid to the referee. Please note that referral rewards are distributed within 60 days after the referred friend's cancellation period concludes. The cancellation period lasts 14 days for a Cash ISA and 30 days for a Lifetime ISA.
If you want to withdraw the reward to spend as you wish, it's a good idea to open our easy access Cash ISA to do this. Otherwise, any reward withdrawn from a Lifetime ISA will incur the 25% withdrawal penalty.
How much will I get?
You and your friend will receive a bonus ranging from £10 to £100, to be credited to your Tembo Cash ISA or Tembo Lifetime ISA. The probability of each bonus is:
£10 - 95%
£25 -4%
£50 -0.7%
£75 -0.2%
£100 - 0.1%.
Both the referrer and the referee receive the same bonus.
How do I know if my friends have joined Tembo?
You can keep track of your referrals in the app, including how much you've earned and which of your friends have pending referrals. If a bonus is missing or a referral fails to appear, verify that all eligibility steps were followed correctly. This includes ensuring the correct email was used during sign-up and the referral process was properly followed. Manual adjustments are not supported for missed or incorrect referrals due to the automated system.
If your friend has completed all the steps, but the referral is still marked as ‘pending’ in your app, don’t worry. This is usually because they have a payment which hasn’t been confirmed yet. Once their payment is confirmed, the referral will show as complete in your app. This is usually the next working day if they’ve paid in as a deposit - transfers from other providers can take longer. Deposits may take up to 2 working days to process. Once cleared, the status will change from "Pending" to "Settled" in the app. For troubleshooting, ensure that the referred friend followed all required steps, including using the correct referral process. Be aware that the system is automated, and manual adjustments, including missed or incorrect referrals, are not possible.
Please note, the approval process can take up to 60 days before your referral payment is made, this is to make sure your referral is valid as per the terms and conditions. The approval process ensures all completed referrals are legitimate and follow the guidelines. Accounts created using invalid referral links will not be eligible for rewards, and the system cannot manually override these restrictions.
Full Terms & Conditions can be found here.