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$10 Referral Bonus for Referrer & Referee ($5 Min Investment within 14 Days of Sign up Required) @ Spaceship

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$10 Referral Bonus for Referrer & Referee ($5 Min Investment within 14 Days of Sign up Required) @ Spaceship
Go to Deal
neilpatrickharris on 14/06/2021 - 00:00 app.spaceship.com.au (742 clicks)
Last edited 28/06/2021 - 12:38 by 2 other users

$10 deal is back!

Note that referral codes need to be added to your account after you sign up (within 14 days of sign up). Use the referral randomiser to get a code. You MUST invest a minimum of $5 to receive the referral.

I wish I didn't have to say this but people are still ruining it for others by adding their code when they haven't deposited money yet. Don't be a jerk - some are investing for the first time in their life and they're missing out on these referral bonuses.

No fees on the first $5,000 invested, and 0.1% on balances above $5,000

Terms and conditions

Performance of funds can be seen here: https://newwwie.net/ Past performance is not indicative of future performance.

Referral Links

Referral: random (185)

$10 referral bonus for both referrer and referee

Referee must add a referral code and deposit a minimum of $5 within 14 days of sign up.

(Referrer must have already deposited a minimum of $5 to qualify.)

Financial Investment

Related Stores

Spaceship
Spaceship

closed Comments

  • Charlie Dont Surf on 14/06/2021 - 00:33
    +11

    I've received a couple of referral bonuses from OzB. Thanks to those people who randomly selected me!

    • DaTa on 14/06/2021 - 01:36
      +4

      Never gotten any referrals seems it was dropped from the list once again.

      • Matt88 on 14/06/2021 - 09:57

        Must have to crack the algorithm somehow

    • blueyez on 14/06/2021 - 08:54

      Same, though a while ago!

      @DaTa they often ask for the referral link/code to be updated frequently, mine prompted me just yesterday, maybe check if it's still there and update if required?

  • [Deactivated] on 14/06/2021 - 01:31

    Thanks OP had a look at reviews on Product Reviews and Google and they seems favourable. Better than my .05% interest from my savings account I guess..

  • [Deactivated] on 14/06/2021 - 01:54

    Have added my code, I have invested the initial amount good luck to all investors

  • Astrom on 14/06/2021 - 02:59

    Is there a way to do one off investments or is it only repeating?

    • DaTa on 14/06/2021 - 03:48
      +1

      You can do once off and reoccurring investments, keep adding cash into your investment, I think in the future they are allowing switching investment's

  • micemeat on 14/06/2021 - 07:50
    +1

    I like this a lot more then Raiz.

    No pesky fees.

    • firestint on 14/06/2021 - 08:11
      +1

      I signed up for both Spaceship and Raiz initially. I have cancelled and cashed out of Raiz since then due to poor performance and high fees. Raiz is just a selection of ETFs which doesn't justify the fees.

      I chose Spaceship Universe and Raiz moderate aggressive. Of course past performance is no guarantee of future results.

      • domo653q on 14/06/2021 - 09:19
        +1

        I did Raiz and Spaceship and cashed out of Raiz also.

  • Hansi on 14/06/2021 - 08:06
    +7

    Joined last time when referral bonus was double……..Investment dropped by 15% the month after haha.

    • Matt88 on 14/06/2021 - 09:48
      +1

      Same with me. Still down 7.5%

    • Narchos on 14/06/2021 - 10:13
      +2

      I joined last time too. I’m up a little bit. Has gone up and down but in the long run you’ll always end with profit.

      Just don’t pull out if you see your investment down

    • domo653q on 14/06/2021 - 11:31

      Joined mid year last year, have a profit currently.

    • Aequitas on 14/06/2021 - 12:39
      +2

      Joined the last time they had this offer, invested an extra bit during march when covid was starting. up 70% atm

    • pdtmathieson on 15/06/2021 - 07:52

      I joined just prior to the pandemic - bit of a drop at the start but came back really strong, and continued to invest bits and pieces over the year. It's now my primary savings holding until I get a house deposit together.

  • aneil915 on 14/06/2021 - 08:23

    Cheers OP. I've received 2 referrals from Ozbargain in the past year so thanks guys.

  • hhbb555 on 14/06/2021 - 09:11

    how long did it take for you guys for the ref bonus to be credited in your account?
    mine has taken so long, maybe almost 2 months and still doesn't get it

    • coxymla on 14/06/2021 - 10:32
      +1

      Is the ref stuck on Pending?

      That means the person who used your code never deposited anything.

      • hhbb555 on 15/06/2021 - 10:14

        no, it's just not appearing
        i'm the one that used ref from my friend, and i've definitely have deposited few times already

    • swhitmore on 16/06/2021 - 13:13

      It took a few days for me

  • Bomber-man on 14/06/2021 - 09:52
    +1

    Like many I dropped raiz for spaceship because of the fees. Can't really fault them although I'm only putting in $20 a week. Can be a bit volatile due to tech allocation but I'm showing a decent gain vs my contribution. It's showing 6% gain in a month which is good going but unsustainable.

  • Zapwap on 14/06/2021 - 10:11
    +4

    Can somebody please explain in simple terms what's spaceship about and why would I need it if I am planning to invest in shares or manage my super?

    • Charlie Dont Surf on 14/06/2021 - 10:22

      For the "Spaceship Universe" option (the most popular one), it is a managed fund that invests in global technology businesses, as well as healthcare and consumer discretionary firms. See the portfolio of 100 companies here: https://www.spaceship.com.au/voyager/universe/

      These firms are considered 'growth' companies, and with a heavier weighting towards tech, the portfolio is going to be more volatile than investing in a broad index fund such as one based on the ASX200, S&P500 or a global-based exchange traded fund.

      • rompastompa on 14/06/2021 - 14:36
        +1

        For even simpler terms, is this the case:

        • Sign up using referrals above;
        • Deposit $5+ in the Spaceship Universe;
        • Receive $10 in your Spaceship wallet;
        • Add $10 to the Spaceship Universe;
        • Receive possible extra referrals.

        End result:
        Out of pocket $5, but now have $15 of shares?

        • auscompgeek on 16/06/2021 - 21:22
          +2

          AFAIK there's no "wallet" - you can currently only pick one portfolio to invest in, they direct debit you and you receive units.

        • Leonidas on 17/06/2021 - 16:49
          +1

          More simple, like a high interest savings account that you deposit money into except it goes up or down

          • Charlie Dont Surf on 19/06/2021 - 20:06
            +1

            @Leonidas: Pretty terrible analogy.

            • Leonidas on 21/06/2021 - 13:04

              @Charlie Dont Surf: that's just how I look at it, please enlighten me

              • Charlie Dont Surf on 21/06/2021 - 14:25

                @Leonidas: Fair enough, it's your investment, you are entitled to look at it any way you want.

                • Leonidas on 21/06/2021 - 16:00

                  @Charlie Dont Surf: I'm just curious as to what a better analogy might be. I feel like spaceship is popular because it's simplified like an online only high interest savings account, the mechanics seem pretty much the same

                  • Charlie Dont Surf on 21/06/2021 - 16:51
                    +1

                    @Leonidas: "Interest" is an income stream, derived from investments such as term deposits and fixed-income securities. The comparable concept in the sharemarket is dividends. Some investors go specifically looking for dividend-paying stocks (usually fully franked) to supplement their income and for tax reasons. Those dividend-paying stocks are typically the big banks and miners. The Speceship portfolio delivers a very low dividend yield, I can't remember the figure last year, but it was very low in yield terms. So this type of investment is really about pursuing capital gains over the medium to long term, rather than providing an income stream ("high interest") .

                    • Leonidas on 21/06/2021 - 21:15

                      @Charlie Dont Surf: Didn't mean to imply that spaceship earns interest, was just using for example an ING savings account as an analogy. All you need to do for both is sign up online with a referral bonus, deposit money, wait for your balance to change and withdraw. Apart from the different tax implications and risk is there anything different from the consumers pov?

  • payless69 on 14/06/2021 - 11:31
    -5

    Ok 5k max free is better than nothing. Thanks OP. But they stuff up so much see above!

    • Charlie Dont Surf on 14/06/2021 - 12:23
      +3

      I don't see anything that they are stuffing up.

  • littlesoldier on 14/06/2021 - 16:06
    +3

    Just my own story invested 3 months ago
    Invested $1100 so far and still negative earning of $55 till today. I think it’s a good investment if I start investing last year or in 2019 , but last few months hasn’t been performing well

    • coolrunnings on 16/06/2021 - 14:50
      +1

      THIS! I invested a lot more than that a couple of months ago and only in the past two days has it edged out of the red - barely. I was, at one extended period, experiencing a four-figure dollar loss on paper. I wasn't overly panicked as I know these are good stocks that will rebound eventually but it wasn't a great feeling either, especially as my "boring" ETF was doing, on average, better over the same period, and certainly never in the red.

      Do your due dilligence: Tech stocks favoured by Spaceship are seriously overvalued right now and investors on NASDAQ, where a lot of their holdings are, are becoming very skittish, especially with rising inflation and interest rate rises on the horizon.

      I am now reducing my exposure to this fund by 3/4… but not completely… My feeling is that we're nearing the cusp of another dip cycle. There are safer options right now with better chances of a good return. Tech stocks had an absolute gangbusters run between January and April of this year. Unfortunately anyone who gets in now has probably seriously missed the boat on the best returns, IMHO.

      That said, of course, timing is everything. If I had bought at the very bottom of the dip over the past two months, I'd be singing its praises. But to the OzBargainer I say, before getting in now, when it's at the top of the curve and up 10% in the past month, in the words of Clint Eastwood: Do you feel lucky?

      My mistake was jumping on a referral deal on this instead of timing my entry into the fund to coincide with a dip. You will make A LOT more money simply buying on the dip than the $5 or $10 you make on the referral credit. But the two months of staring at negative returns taught me this lesson about investing.

      • Charlie Dont Surf on 20/06/2021 - 10:57

        An interesting post. Don't agree with everything, mainly because I think we have different timeframes. What is your investment horizon?

  • 83ams on 14/06/2021 - 17:08

    Thanks OP!

  • johnnytran on 14/06/2021 - 20:51

    I joined earlier this year and am down a little. I was down much more like a month ago lol, we’ll see how it is next year just waiting for 12 months due to CGT before I pull it out and invest it elsewhere

    • HecticCrunt on 14/06/2021 - 21:56
      +6

      I wouldn't pull it out until you've at least broken even.

  • pdtmathieson on 15/06/2021 - 07:56

    I spent a year monitoring returns and reading their updates on strategies and long term visions, this was after signing up with bonuses previously. I'm pretty happy to chuck a fair chunk of money at it now, while you could theoretically do better stock picking and spending a lot of time researching, even a cheap $5 trade on a platform is the equivalent of 0.1% fees on $5k, so it hardly seems worth it.

    I put $4k in my wife's account last week, only day of trading yielded nearly 1%, which is better than a year's savings account interest. My bits and pieces starting last year is up around 30% in total. Going well so far!

  • UserGM on 15/06/2021 - 17:17
    +2

    $350 a week ive put in for about a year now. My portfolio just hit 20k. Slow and steady

  • swhitmore on 16/06/2021 - 13:09

    I've been using Spaceship Voyager for a few months now. Loving how simple it is. Returns have been good lately as well.

  • leinad1 on 16/06/2021 - 23:04

    Vincent, your referral is showing as pending because you have not made an investment yet, do it so we can both win mate!

  • randomusername99 on 18/06/2021 - 19:34

    With regular contributions, I'm up 10.5% since Feb 2020. YMMV.

  • novicenow on 18/06/2021 - 22:23

    Do you have to declare any of this stuff for taxes? I have never invested before, and I am up for trying this out, but if it’s gonna be a huge bother for taxes, I’ll pass.

    Edit: I realize if I sell I’ll have to declare any capital gains or losses, but what if I just invest $500 and leave it there for a year. Do I have to declare that I invested $500 or declare the value of the $500 (whatever it may be) at the time when I file taxes?

    Sorry if this is a noob question. 😅

    • BuyOrNot on 19/06/2021 - 17:37
      +2

      You only have to declare if you sell (at profit or loss), if at loss you can use it to offset other capital gains.

      • novicenow on 19/06/2021 - 18:13

        Thanks very much!

  • USER DC on 20/06/2021 - 22:14
    +1

    Thanks OP was looking to start up on SpaceShip soon, good timing used the OZ referral coupon code to sign up

  • USER DC on 22/06/2021 - 20:05
    +1

    Have not gotten the $10 ??? Some guy named Luke (who's referral code I used) "hasn't met the eligibility criteria yet. Once they do you'll both receive your bonuses within five days!"

    Can you please kindly invest the $5 in your account so i and you can get the $10, ( Or more like you get $20 (if you used a referral code for sign up too))

  • himmelblau108 on 28/06/2021 - 11:58

    I've had a Voyager account for a while and have had referred a few friends (haven't had any come from ozbargain yet though). I've been investing $350 per month and my account is currently up $223. It's a pretty good platform IMO.

  • rvsure on 29/06/2021 - 11:28
    +2

    I used the random reference from Ozb and signed up only to find that my referrer hasn't deposited $5 yet. Hey Sean, if you are seeing this please take a leap and deposit $5 and make us both rich 😂

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