Ribbon Rewards (Scraye). Free £25 and 1% on rent payments

If you are renting in the UK, Ribbon Rewards (run by the estate agency Scraye) is currently offering one of the easiest free money available right now.  

They have recently boosted their sign-up bonus from £10 to £25. You get this bonus just for making your first rent payment through their platform, plus you earn 1% cashback on every rent payment thereafter!  

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What is Ribbon Rewards?  

It is a payment platform that acts as a bridge between your bank and your landlord. You pay your rent into a dedicated UK bank account in your name (provided by Griffin Bank), and Ribbon instantly forwards it to your landlord.

  The service is completely free.  

It works with any landlord, letting agent, or Housing Association.  

Your landlord doesn’t need to sign up or do anything or even know anything They receive the money exactly as they did before, as a normal bank transfer, with your chosen reference.

  Your money is held in a ring-fenced account with Griffin Bank.

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Step-by-Step Guide   ●Sign up: Use a referral link to ensure you get the boosted £25 bonus.

Please click here for my referral link

My Referral Code is TERE37B8  

●Verification: Complete the ID check (Passport/Driving Licence + Selfie). This is standard for opening the Griffin Bank account in your name.

●Set up your payment rent amount - If you need to change your rent amount later, you can do so easily through their support chat.  

●Set up your Landlord: Enter your landlord’s name, bank details, and the reference you usually use for rent.  

●Test it (Optional): If you’re nervous, you can send £0.01 to your new Ribbon account. It will bounce back to your own bank account.  

●Pay your Rent: Transfer your rent amount to your Ribbon account.

 Payments are processed via Faster Payments, so your landlord isn't waiting around for the money. It's instant.  

●Get Paid: Your 2,500 points (£25) and your 1% cashback will be awarded instantly after the payment clears.  

●Redeem: Swap your points for a voucher of your choice!

Rewards are paid in points which you redeem for Gift Vouchers (Amazon, Asda, Uber Eats, Nike, John Lewis, Deliveroo, etc.). Vouchers are usually emailed within 1 working day.  

 

Referral Bonus: Once joined, you can refer others for £25 per person

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I know it may be tempting to just set up any amount as your first rent payment, take the bonus and ditch the service but I genuinely recommend it for long term use!

I'm also aware that you may be very sceptical about possible catch. Is your money safe?   Your money is sent into an account with Griffin Bank and then instantly transferred to your landlord.

Griffin is a fully authorised UK bank. It is authorised by the Prudential Regulation Authority (PRA) and regulated by both the PRA and the Financial Conduct Authority (FCA).

That means it operates under the same regulatory framework as other banks.

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 I was personally very sceptical at first and read loads of reviews before signing up. I’ve now made a few rent payments and everything went smoothly — genuinely wondering why I didn’t do this earlier. Getting gift cards just for paying rent feels like a win 🤗

Ribbon Rewards have a 4.7/5 "Excellent" rating on Trustpilot

 I'm building my emergency fund. If you decide to use my link, thank you so much!