Referral Scheme

There is a referral scheme in place to reward you for any new customers you bring our way.

Basics

The reward takes the form of a service credit.

Service credits

Service credits are awarded whenever customers you refer settle their invoices, as a percentage of the invoice total (excluding VAT). We are currently paying 8% of the settled invoice amount as service credit, rounded down to the nearest penny.

If you manage to reduce your payments to zero then any further credits can be used to upgrade your service or purchase additional services.

Eligibility

You will be eligible for the reward if, prior to account setup, a new customer states that you have referred them (get them to give your VPS name).

Service credits will be rewarded at the time a referred customer settles an invoice (including initial account setup), and you will be notified of this by email.

Customers who already have free accounts may use service credits to upgrade their service.

Privacy Concerns

When you nominate an existing customer for referring you, they will be able to see:

• The name of your BitFolk account (i.e. the name of your VPS).
• The amount of credit they are set to receive (therefore the cost of your service).
• Your payment schedule (monthly / quarterly / yearly).
• The date when you became a customer and whether you are still a customer or not.

If you are not comfortable with your referrer seeing this information then it would be best not to nominate them.