Why use a Xapo Bank referral code?
The Xapo Bank referral code UGD-NEB-JZ lets every new eligible member claim USD 500 in Bitcoin after just 33 days as a paid member, with no minimum balance required. It's an official welcome bonus paid by Xapo Bank itself: the bank credits the equivalent of USD 500 to both the referrer and the new member. Without a referral code, you miss out on this bonus entirely.
Xapo Bank is a digital private bank based in Gibraltar, particularly suited for nomads, expats, and Bitcoin users. Unlike traditional banks, Xapo Bank welcomes international profiles without US-residency requirements.
USD account
A real USD account with international routing number. Hold your savings in dollars without depending on a US bank.
Worldwide VISA card
Physical VISA card delivered in most countries. Accepted everywhere, no hidden FX fees abroad.
Built-in Bitcoin custody
Secure custodial Bitcoin wallet with bunker-grade storage. Buy, sell, and hold BTC inside the same app.
Yield on USD and BTC
3.35% on your USD and 0.50% on your Bitcoin. Make your cash work without locking up your funds.
Bank-grade security
Network of physical bunkers for custody, top-tier digital protection, Gibraltar banking license.
For expats and nomads
Built for people who live and work internationally. No need for a US or UK address.
How to claim the USD 500 BTC bonus with our referral code
Xapo Bank's referral program is generous and symmetric: you and us each receive the equivalent of USD 500 in Bitcoin. Here's how to activate the bonus in 4 steps:
Click our referral link
Use the button above, or manually enter the code UGD-NEB-JZ at signup on application.xapo.com.
Xapo reviews your application
Identity verification (KYC) with your passport. Expect a few days to two weeks depending on your profile.
You become an active member
Account activation, initial deposit, normal use of the service.
After 33 days, USD 500 BTC credited
Once you have been a Xapo Bank paid member for 33 consecutive days, the full USD 500 in Bitcoin is credited to your Xapo wallet: one-time, no balance requirement. We receive the same amount on our side.
You must be 18+, with a valid ID, and a non-resident of the United States or United Kingdom. All new applications are subject to Xapo Bank approval. The USD 500 BTC bonus is paid only after 33 full days of active membership. Xapo may change the terms at any time.
What you need to apply
- Valid passport
- Proof of address (utility bill, recent bank statement)
- Selfie for biometric verification
- Address outside US / UK (to qualify for the referral bonus)
- Initial deposit requested after approval
- Referral code UGD-NEB-JZ entered during signup
With vs without the Xapo referral code
The application, the pricing, and the account you get are identical either way. The only difference the code makes is the USD 500 Bitcoin welcome bonus, which is why signing up without one leaves money on the table.
| With code UGD-NEB-JZ | Without a code | |
|---|---|---|
| Welcome bonus | USD 500 in Bitcoin | None |
| Extra cost to you | Zero: the code is free | Zero |
| Membership price | Same paid plan | Same paid plan |
| Time to bonus | 33 days as a paid member | Not applicable |
| Minimum balance | None | None |
The bonus comfortably covers your first year of membership, so the code effectively turns a paid account into a funded one.
Xapo Bank: review and key points
Xapo Bank was founded in 2014 by Wences Casares, one of the earliest Bitcoin evangelists, and was granted its banking license in Gibraltar. The positioning is unique: it's the first licensed bank to natively integrate Bitcoin into its offering. It targets an international clientele that wants USD, EUR, Visa card, and Bitcoin custody all in one app.
The strengths: banking regulation (not just an exchange), Gibraltar Deposit Guarantee Scheme protection, attractive yields on USD and BTC, Visa card delivered worldwide. The limits: paid premium membership, exclusion of US and UK residents, more thorough KYC process than a typical fintech.
Frequently asked questions about the Xapo Bank referral code
What is the Xapo Bank referral code?
Our Xapo Bank referral code is UGD-NEB-JZ. It entitles you to the equivalent of USD 500 in Bitcoin after just 33 days as a paid member, with no minimum balance required, subject to Xapo approval. Reserved for non-US and non-UK residents, 18+.
What's the difference between Xapo Bank and a crypto broker?
Xapo Bank is a licensed bank in Gibraltar with deposit guarantee, not just a crypto exchange. You get a real USD bank account, a VISA card, and the ability to hold Bitcoin in bank-grade custody.
Is the USD 500 bonus guaranteed?
No. The bonus is conditional on: (1) Xapo's approval of your application, (2) eligibility (non-US/UK resident, 18+), (3) 33 days as a paid Xapo Bank member (no balance requirement). It's the official Xapo program, but they may change the terms at any time.
How much does Xapo Bank membership cost?
Xapo Bank offers paid plans (annual membership). Current details are on their website. The USD 500 bonus comfortably covers the cost of the first year.
Is my Xapo account insured?
Xapo Bank is licensed by the Gibraltar Financial Services Commission. Deposits are protected by the Gibraltar Deposit Guarantee Scheme (FDIC-equivalent). Check current details on xapobank.com.
I'm a French resident. Am I eligible?
Yes. The referral program is open to French residents (and most non-US/UK countries). Application remains subject to Xapo approval.
Can I use Xapo Bank for my LLC?
No, Xapo Bank is a personal bank, not business. For your LLC's account, see our Wise Business page.
How do I enter the Xapo referral code?
Two options: (1) click our referral link directly (the code is applied automatically), or (2) manually enter UGD-NEB-JZ in the "Referral code" field during signup on application.xapo.com.
Is "xapo bank referal code" (single r) a typo for "referral code"?
Yes, "xapo bank referal code" is a common misspelling of "xapo bank referral code". Whether you type referal or referral, you're looking for the same thing: the invite code that unlocks the USD 500 BTC welcome bonus when you open a Xapo Bank account. Ours is UGD-NEB-JZ.
Is there a Xapo Bank promo code or invite code that's different from the referral code?
For most users, "Xapo Bank promo code", "Xapo invite code", and "Xapo referral code" refer to the same thing: the invite code that activates the welcome bonus. Xapo Bank does not currently run separate promo codes outside the referral program. Use UGD-NEB-JZ.
Is the Xapo Bank referral code legit and safe to use?
Yes. UGD-NEB-JZ is a real referral code from our own Xapo Bank account, and the referral program is run by Xapo Bank itself, not by a third party. Entering it costs you nothing and does not change your application or your pricing: it simply records that you were referred, which is what unlocks the USD 500 in Bitcoin for both sides after 33 days. You can see our real in-app screenshot above, showing a validated referral.
How long does it take to receive the USD 500 in Bitcoin?
The bonus is paid after a 33-day validation period: you become a paid Xapo Bank member, keep your account active and in good standing, and after 33 consecutive days the USD 500 in Bitcoin is credited to your wallet. Add the KYC review before that (a few days up to about two weeks), so a realistic end-to-end timeline is roughly six to eight weeks from application to bonus.
Which countries are eligible for the Xapo referral bonus?
The bonus is open to residents of most countries, with two exclusions: the United States and the United Kingdom. You must be 18 or older with a valid passport, and every application is subject to Xapo Bank approval. Residents of France, the rest of the EU, Latin America, Africa, and most of Asia are generally eligible.