Research shows that a successful customer referral system is the single biggest difference between average and top performing financial institutions. For this reason, My Rewards developed its Invitation Checking strategy, which leverages your existing customer relationships to acquire additional accounts.

Invitation Checking is an automated, turnkey process for customer referrals. It’s a simple solution where your customers invite friends and family to your financial institution for a pleasant and rewarding banking experience. Your customers will appreciate that referring someone is made quick and simple with our email referral system.

This strategy is easy to implement and the results are quickly documented. Our automated tracking and strategic reporting system shows measurable results relative to specific costs. You will even see where your referrals are coming from, so you can reward those customers and employees that are helping you bring in new business.

Referrals from friends and family are a key factor in driving new customers to a financial institution. Proper management and measurement of these referrals through My Rewards is the most cost-effective strategy to drive sustainable results over time.