Peer-to-Peer Lending

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update]

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Peer-to-peer lending cashback offers and peer-to-peer lending sign-up bonuses are useful tools to boost your passive income stream.

Several of the most popular peer-to-peer lending platforms in Europe offer promotions and better rates during your initial investment period, while others offer a single fixed bonus for signing up.

To help you find the best promotions, we researched over 100 platforms and picked the top P2P cashback offers and sign-up bonuses.

Take a look through our editor’s top choices for the best current offers from our partners and find a platform that matches your investment needs.

We encourage you to conduct your own due diligence on the company and, if necessary, consult separate financial advising before making any investment decisions.

PlatformBonusMax returnType
CrowdestateNo bonus currently available.17.92%Real estate, business
CrowdestorCrowdestor promo code: 1% cashback sign-up bonus for 180 days16%Real estate, business
BulkEstateNo bonus currently available.15.33%Real estate
AblRate ?Ablrate referral code: £50 bonus for investing over £1,00015%Real estate, business
Reinvest24Reinvest24 promo code: €10 free cashback when investing €10014.6%Real estate
Lenndy Lenndy promo code: €10 sign-up bonus with this12.3%Business, car, invoice
MintosNo bonus currently available.12.22%Consumer, car, invoice
EstateguruEstateGuru referral code : 0.5% cashback on all investments for 90 days12.1%Real estate
LenderMarket ?Lendermarket promo code: 1% cashback bonus on all investments for 60 days.12%Consumer
Coinloan✅ 1% cashback sign-up bonus with this Coiloan referral link12%Crypto 
NEO Finance€25 cashback sign up bonus with this Neo Finace referral link12%Consumer, real estate, business
SwaperSwaper promo code: 2% bonus when invest min. €500012-14%Consumer
PeerBerryPeerBerry referral code: Up to 1% loyalty bonus depending on your investment11.53%Consumer
EvoEstateEvoEstate promo code: €15 free sign-up bonus + 0.5% cashback for 6 months when entering the code “ampleinvest” during registration.11%Real estate
FlenderFlender referral code: 5% cashback on all investments within 30 days of signing up10.5%Business
BrickstarterBrickStarter referral code: 0.5% cashback within 90 days of registration + free €15 with promotional code “Ampleinvest”10%Real estate rental
Housers Housers promo code: €25 free sign-up bonus with the code PFH–REF–119527 (Housers código promocional). Condition: invest min. €5010%Real estate rental
Debitum NetworkDebitum Network promo code: €5 sign up bonus9.45%Business
RendityRendity promo code: €25 cash sign-up bonus (Rendity Gutschein).7%Real estate
BondoraBondora promo code: €5 free sign-up bonus6.75%Consumer
DoFinance1% bonus on auto-investments (VIP status) for 90 days with this DoFinance referral link5-11%Consumer 
October (Lendix)October promo code: €20 cashback bonus with the October referral code AMPLEINVEST.4.5%Business

List of P2P Sign-Up Bonuses and Cashback Offers

Mintos Referral Code

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 3
WhatNo bonus currently available.
Period90 days
? ConditionCreate account and invest
? DetailsThe bonus is calculated after 30, 60 and 90 days from the registration date. The first instalment is calculated based on the average daily balance during the first 30 days. After 60 and 90 days the bonus is calculated from the increase of the average daily balance for the given period, in comparison to the previous period.

EstateGuru Referral Code

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 5
What0.5% cashback on all investments
Period90 days
? ConditionCreate account and invest
? DetailsThe investor will get an additional 0.5% from all the investments that the new investor makes on our platform in the first 3 months. These funds are transferred to the investor’s account once the project(s) reach a “funded” status on our platform. 

Bondora Promotion Code

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 7
What€5 fixed sign-up bonus
Period1 time
? ConditionCreate account
? DetailsThe bonus is a one-time reward that will be transferred directly to your account, as soon as it has been verified.

PeerBerry Referral Code

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 9
What0.5% sign up bonus
Period3 months
? Condition0.5% bonus on all investments made within the first 3 months of registration.
? DetailsDepending on how much you have invested, you can be assigned to a loyalty category which gives you return from +0.5% to 1% on your future investments after the 3 months. Your return depends on a loyalty category you are in.

CrowdEstor Promo Code

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 11
What1% bonus
Period180 days
? ConditionCreate account and invest
? DetailsThe code will automatically be applied. However, AdBlock users may temporarily need to whitelist the website for it to work. The bonus is added on top of your returns and paid out manually by the Crowdestor team.

What Exactly is Cashback?

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 13

Cashback refers to a system in which peer-to-peer lending platforms encourage investors to fund certain loans or invest during a limited time period by offering them money as an incentive in return for their investment.

Peer-to-peer lending cashback and sign-up bonuses come in four versions: flat-rate, 1-6 months with increased ROI, tiered loyalty programs, and loan-dependent.

The flat-rate is a one-time cash payout to your investor’s account, and might require you to deposit a certain amount. Increased ROI platforms pay you 0.5 – 1% extra on top of the standard rate during a certain period of time. Platforms with tiered programs pay you cashback or increases the returned interest rate on your investment. Loan-dependent P2P cashback offers pay out rewards for investing with certain loan originators on their site.

Cashback used to refer only to direct cash rewards from specific investment projects, but nowadays its usage has been extended to describe the bonuses new users receive upon signing up as investors, such as extra percentages from their investments within the first few months of registering.

Why Would They Give Me a Sign-Up Bonus?

More and more P2P platforms offer cashback rewards as sign-up bonuses to attract new users in hope that they will stay on as investors for a longer period and help fund loans, even when the welcome bonus period has ended.

From the side of the investor, cashback offers and sign-up bonuses can actually make a serious difference to your portfolio’s performance, especially when you invest large sums of money.

But why do P2P sites offer cashback rewards to new users?

Isn’t it just a cheap marketing scheme?

Look: The need for alternative finance is exploding these years. Businesses, consumers and real-estate companies are hungry for alternative ways to finance their projects.

According to the Cambridge Centre for Alternative Finance, the total alternative finance market volume in Europe was €3.37 billion in 2017, against €2.06 billion in 2016 (excluding the UK).

That’s a 63% increase in only one year.

Best P2P Cashback Offers and Sign-Up Bonuses for Investors [2020 Update] 15
Source: 4th European Alternative Finance Report

With those numbers, it’s no wonder that new P2P platforms continue to pop up. But launching a site can be difficult, let alone attract the right investors. The competition is fierce. That’s one reason why many new sites offer complementary rewards in return for your money and hope you stay on.

To sum up, P2P cashback offers and sign-up bonuses often benefit both parties. Platforms attract new users, while investors increase get the chance to test out the platform and increase their returns.

About the author: Lucas Peterson is an investor and expert finance writer with over 10 years of industry experience. Lucas has previously served as editor for a major financial news outlet in his European home country but now spends his time dealing with investments, managing his real estate portfolio, and learning about blockchain technology. To learn more about Lucas, visit his profile page.