Please note: The Referral Program has been replaced by the Affiliate Program, which is open to all users and offers uncapped, long-term earning potential. If you signed up before May 1st, 2026 and were part of the original Referral Program, your legacy terms remain active until October 31st — see the Legacy Referral Program section below. Everyone else should use the Affiliate Program described here.
What is the Affiliate Program?
The ether.fi Affiliate Program is open to all users and lets you earn ongoing rewards by referring new users to the platform. There's no cap on the number of people you can refer or on how long you keep earning.
As an affiliate you can:
Track referrals and rewards over time
Create and manage multiple referral links, each with its own custom name/tag
Monitor performance across different channels in a live dashboard
What counts as a qualifying referral?
A referral becomes a qualifying referral once they:
Sign up using your referral link
Activate their ether.fi Cash card
Reach at least $100 USD in eligible personal spending on their card
Once a referral crosses that $100 threshold, they count toward your affiliate tier.
Affiliate reward tiers
The more people you refer, the higher your tier and the more you earn. Tier unlock requires both an all-time qualifying-referral count and a rolling 90-day qualifying-referral count.
Tier 1 | Tier 2 | Tier 3 | Tier 4 | |
Tier unlock | Starting tier | 50+ all-time, 10+ in 90 days | 100+ all-time, 20+ in 90 days | 500+ all-time, 50+ in 90 days |
New member bonus | $10 | $15 | $20 | $20 |
High spender bonus | $15 | $20 | $25 | $25 |
2nd degree revshare | – | 20% | 20% | 20% |
Cashback on referral spending | 0.1% | 0.2% | 0.25% | 0.3% |
Physical card commission | 20% | 20% | 20% | 25% |
Card fee commission | 50% | 50% | 50% | 50% |
Liquid yield revshare | 5% | 7.5% | 10% | 12.5% |
Staked yield revshare | 5% | 7.5% | 10% | 12.5% |
Additional program rules may apply.
How you earn
Rewards are deposited in USDC directly into your Vault with Cash
You keep earning for as long as your referrals keep spending on the platform — there's no expiration on a qualifying referral
Rewards scale with your referral activity: more referrals and higher spending both increase what you earn
2nd degree revshare (Tier 2+): you also earn a percentage when your own referrals bring in new users who generate activity
When and how you're paid
Rewards are paid on the 15th of the following month, directly into your Vault with Cash. This includes new member bonuses, high spender bonuses, 2nd degree revshare, and the ongoing cashback earned from your referrals' eligible spending.
How tiers are calculated
Affiliate tiers are calculated automatically, once a month:
Your first tier calculation begins the month your first qualifying referral (someone who has spent at least $100 USD) is recorded
At the start of each new month, your tier is recalculated based on your current all-time and rolling 90-day qualifying referral counts
To maintain or progress to a higher tier, you need to keep referring new users and those referrals need to keep generating eligible spending
Legacy Referral Program (pre-May 1st, 2026 signups)
If you signed up for ether.fi before May 1st, 2026 and were already enrolled in the original Referral Program, your legacy terms remain active through October 31st:
1% of your referral's card spending
Earned for 12 months from their signup date
Maximum reward: $1,000 per month
Available for personal accounts only — business and corporate accounts were not eligible
Rewards were credited automatically to your Vault when a referral completed eligible card transactions
The legacy Referral Program is closed to new participants. If you signed up on or after May 1st, 2026, the Affiliate Program above is your only option, and it offers materially higher and uncapped long-term earning potential.
Program terms
Participation is subject to the official terms and conditions.
Frequently Asked Questions
Who can become an ether.fi affiliate?
Who can become an ether.fi affiliate?
The Affiliate Program is open to all users, regardless of when you signed up.
How do I track my referrals?
How do I track my referrals?
You can track all referrals, tier progress, and earnings in the affiliate dashboard at ether.fi/app/cash/affiliate.
Can I customize my referral link?
Can I customize my referral link?
Yes. You can create multiple referral links, add custom names or tags to each one, and see which links perform best.
What transactions count toward a qualifying referral?
What transactions count toward a qualifying referral?
Everyday purchases, online payments, and retail purchases on your referral's ether.fi Card typically count. The following do not count: ATM withdrawals, cash advances, peer-to-peer transfers, currency exchange services, gift cards or stored value cards, financial services or investment transactions, and gambling transactions.
Why am I not earning rewards yet?
Why am I not earning rewards yet?
Common reasons include: your referral hasn't signed up with your link, hasn't activated their card, hasn't reached $100 in eligible spending yet, their transaction hasn't settled, or their transaction was later refunded or determined ineligible. Rewards are credited after eligible transactions settle.
Do I need to maintain my tier?
Do I need to maintain my tier?
Yes. Tiers are recalculated automatically each month based on your current qualifying referral counts, so you'll need to keep referring active users to maintain or climb tiers.
Still have questions?
If you have any questions about the Affiliate Program or your rewards, feel free to reach out to Support by clicking the chat icon in the bottom right, or email support@ether.fi.