Zilch
£5 Free Cash
£5profit
14mins to complete
Offer overviewChris · Your personal guide
Zilch is a finance app offering a virtual Visa card, Buy Now Pay Later and cashback at selected retailers.
You get:
£5 free cash. You can use it in the Zilch app for online or in-store shopping (e.g. supermarket).
To qualify:
Sign up via the below referral link and verify your identity. No purchase, deposit or card payment needed.
Key terms
+£5
Credit checkSoft check
DepositNone
Free cash arrivesInstant
Once criteria met
Step by Step Guide
Start here
Sign up to Zilch
10 mins
- 1Open Zilch through the referral link and download the app
- 2Verify your identity with passport or driving licence
- 3Add a debit card for future payments
Up next · 2 steps
Receive £5 cash
2 mins
- £5 credited instantly to your Zilch Rewards balance
No purchase required - just complete signup
Spend £5 cash
2 mins
- 1Use online via the app e.g. Amazon
Click on 'Online'
Search for your online retailer
Choose 'Pay now' (which has no fee - It will initially show there is £1 to £2 fee. The fee only applies if you are spreading the purchase over 6 weeks)
Apply the £5 reward (This will take you to the retailer's website where you can shop and buy)
- 2Or use your £5 free cash in-store e.g. local supermarket
Once at your local supermarket checkout (or up to 2 hours before), open the Zilch app, search for the supermarket.
Select 'Pay now' and apply the £5 reward (see image below). You can then pay with Zilch card via your Google Pay /Apple Pay wallet.
3 steps to £5
Quick review
Zilch
Wondering whether Zilch is worth it beyond the bonus? Here is our honest take.
Zilch is an FCA-authorised UK buy-now-pay-later app that gives you a virtual Visa card, with the option to spread repayments interest-free. Quidsy lists the welcome free cash offer for new sign-ups who complete a small qualifying spend. Useful for planned purchases you can comfortably repay. Skip it if you're juggling other debts.
CategoryQuick Wins
Last updated
Chris' verdictYour personal guide, QuidsyFor most squeezed optimisers, yes. Zilch is one of the more straightforward BNPL options in the UK because it behaves like a virtual Visa card rather than a checkout integration. That makes it useful for everyday spending you had already planned, where spreading the cost over six weeks or three months is a cash-flow nudge rather than borrowing to buy something you cannot really afford.
The £5 free cash sign-up bonus is a quick win. Easy to claim, no large spend needed, and the credit lands in your Zilch account quickly. I would treat that as the on-ramp rather than the reason to keep using Zilch long term.
Where I would be more careful. Don't use Zilch (or any BNPL) for purchases you cannot comfortably repay. It is regulated credit, missed payments do go on your credit file, and the model only works if you treat each Pay over 6 weeks plan like a four-week direct debit you have already budgeted for. If you are juggling other debts, this is not the right product for you.
For everyone else, Zilch is a genuinely useful spreading-the-cost tool with one of the stronger Trustpilot records in the BNPL category and an unusual no-late-fees policy. The credit-building feature, where Zilch reports payments to Equifax, Experian and TransUnion, is a real differentiator vs Klarna and Clearpay. Claim the £5, see if the model suits you, and use it deliberately.
Zilch Technology Limited is authorised and regulated by the Financial Conduct Authority for consumer credit (FRN 843421). Credit subject to status and affordability checks. Consumer credit balances are not protected by the Financial Services Compensation Scheme.