If you have been thinking about buying gold or silver but always assumed you needed thousands of pounds and a specialist bullion dealer, a Minted referral is a good excuse to finally try it. This Minted referral gives new customers a straightforward way into physical precious metals from a smartphone, with a welcome credit thrown in to soften the first purchase. Whether you are curious about a small one-off buy or want to build a monthly gold habit, signing up through a referral link is the fastest way to get started.
Minted (run by The Minted App Ltd, an FCA-registered electronic money institution) has built its app around making physical gold and silver ownership accessible to everyday savers rather than just wealthy collectors or traders. You can buy from as little as a few pounds' worth of metal, set up a recurring monthly plan, or make one-off purchases whenever you like. Every gram you buy is allocated to you personally and stored securely, or you can request physical delivery.
This Minted referral is particularly useful right now because the reward structure is generous on both sides: as a new customer you receive free credit simply for joining through a friend's link and taking a qualifying first step, while the person who invited you also builds up rewards for every friend who joins. It's a genuinely mutual scheme rather than a one-sided marketing gimmick, and it costs you nothing to take part.
New customer offer: Sign up to Minted using a valid referral link or code and you'll receive £10 credited to your account once you set up a monthly gold or silver plan, or complete a transaction.
Referral code: 1PUDMS (enter this in the "Referral Code" field during registration), or simply follow a referral link such as app.theminted.com/ref/1PUDMS, which should apply the code automatically.
How to activate: Download the Minted app (or start via the web sign-up), register with your details, enter the referral code if it isn't pre-filled, verify your identity, then set up a monthly plan or make a purchase.
Qualifying action: You must complete registration as a genuinely new Minted customer and either activate a monthly accumulation plan or carry out a transaction for the £10 to be released.
Timing: Minted's own "Refer and Earn" programme states this reward structure is ongoing, but specific bonus amounts and promotional terms can be updated by Minted at any time, so always check the current terms in-app or at theminted.com/campaigns/referral-campaign before signing up.
Minted referral offer at a glance
| Detail | What you need to know |
|---|---|
| New customer reward | £10 credited after setting up a monthly plan or completing a transaction |
| Referral code | 1PUDMS |
| Referral link | app.theminted.com/ref/1PUDMS |
| Eligibility | New Minted customers only, UK-based sign-up via app or web |
| Qualifying action | Set up a monthly gold/silver plan or make a purchase transaction |
| Products covered | Physical gold and silver, bought fractionally by weight |
| Regulator | The Minted App Ltd is FCA-registered under the Electronic Money Regulations 2011 (FRN: 901081) |
| Full terms | Minted referral campaign terms |
How to claim your Minted referral reward
- Download the Minted app from the App Store or Google Play, or head to the web sign-up page.
- Start registration with your email address, date of birth and country of residence.
- Enter the referral code 1PUDMS in the "Referral Code" field, or simply use a referral link that fills this in automatically.
- Complete the identity verification steps required of any regulated financial app — this typically involves confirming your details and, where required, a quick ID check.
- Choose whether to set up a monthly accumulation plan or make a one-off purchase.
- Complete your qualifying transaction or activate your plan.
- Check the referrals or rewards tab in the app to confirm your £10 credit has landed in your wallet.
What is the Minted app, and how does it work?
Minted is a UK-based app that lets customers buy, sell, transfer and store physical gold and silver directly from a smartphone. Instead of needing to visit a bullion dealer or commit to buying a full bar or coin, Minted breaks precious metals down into fractional amounts, so you can buy £10, £50 or £500 worth of gold just as easily as buying shares in a fund. Every gram purchased is allocated specifically to you, and Minted states that metal held on customers' behalf is audited by Alex Stewart International and stored in a Grade 10 secure vault facility.
Products and services
- Physical gold — buy fractional gold by weight, priced against the live market rate plus Minted's premium.
- Physical silver — the same fractional model, applied to silver.
- Monthly accumulation plans — set a fixed monthly amount to build your holding gradually, with the flexibility to pause or restart at any time.
- One-off purchases — buy a specific amount whenever you choose, with no ongoing commitment.
- Delivery or secure storage — request physical delivery of your metal, or leave it insured and stored on your behalf.
- Minted Store — a marketplace for gold and silver products for those who want to browse specific items rather than just buy by weight.
Onboarding and app experience
Signing up takes just a few minutes: enter your basic details, verify your identity, and you're through to the dashboard. The app supports sign-in with Google or Apple ID for a faster start. Once inside, the interface is built around a simple wallet view showing your current holding value, a calculator-style tool for estimating what a monthly plan could be worth over time based on historical growth assumptions, and a straightforward buy/sell flow. New users generally find the process quicker than opening an account with a traditional bullion dealer, since there's no need to arrange bank transfers to a third party or wait for paperwork.
Pricing and fees
Minted publishes live pricing for both one-off and monthly plan purchases directly in the app and on its fees page. Gold and silver are priced against the current market rate plus a percentage premium (Minted quotes this as a "5% Premium" on typical gold purchases, though the exact percentage can vary by amount and product), which covers sourcing, storage and insurance. There is no VAT on investment-grade gold purchased through Minted, in line with UK rules on investment gold. As with any provider, it's worth checking the live in-app pricing before you buy, since premiums can move with market conditions and order size.
Rewards and referral mechanics
Minted's "Refer and Earn" programme is central to how new customers discover the app. New customers referred by an existing user receive £10 once they set up a monthly plan or make a transaction. The referring customer earns increasing cashback for each successful referral — for example, Minted's own materials describe tiered rewards that grow with each additional friend referred, up to a capped number of referrals per user. For the purposes of this Minted referral, though, what matters most is your side: a genuine £10 credit for taking the first step into gold or silver ownership.
Support
Minted offers support through live chat within the app, a dedicated FAQ hub, and email support at support@theminted.com. Given that Minted is a financial services provider dealing in real assets, having a responsive support channel for questions about verification, delivery or transaction status is a meaningful part of the overall experience, and most straightforward account queries are handled quickly through chat.
Security and eligibility
The Minted App Ltd is registered with the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 901081) for the issuing of electronic money, and the company is registered in England and Wales. Metal held on your behalf is allocated and independently audited. To use the referral scheme you need to be a new customer signing up for the first time — existing account holders cannot apply a referral code retroactively. As with any regulated app, you'll need to pass standard identity verification before you can buy, sell or withdraw.
Limitations to be aware of
- Gold and silver prices move up and down — a referral bonus does not remove the underlying investment risk, and Minted is explicit that capital is at risk.
- Bonus credit is generally intended to be used within the app (for example, towards a gold or silver purchase) rather than withdrawn as cash, so check the current terms before assuming otherwise.
- As with most app-based investment products, Minted has a shorter track record than long-established bullion dealers or investment platforms.
- Premiums on smaller purchase amounts can be proportionally higher than on larger one-off buys, so it's worth understanding the fee structure for the amount you intend to buy.
Practical scenarios for using a Minted referral
- Scenario: the curious first-timer. Someone who has never owned gold before uses a Minted referral link, signs up, and puts their £10 credit and a modest top-up towards their first small gold purchase, treating it as a way to learn how fractional gold buying works before committing more.
- Scenario: the habitual saver. A user who already puts money into a cash savings account each month sets up a Minted monthly plan alongside it, using the referral credit as a starting nudge to diversify a small portion of their monthly saving into physical metal.
- Scenario: the gift-minded buyer. Someone interested in the Minted Store browses specific gold and silver products, using their referral credit to offset part of the cost of a smaller item rather than buying purely by weight.
- Scenario: the cautious comparer. A user signs up via referral to claim the £10, then spends time exploring the fees page and comparing Minted's premiums against other routes into gold before deciding how much, if anything, to add beyond the initial bonus.
Comparing ways to hold gold and silver
| Option | Typical minimum | Ownership style | Best suited to |
|---|---|---|---|
| Minted app | Small fractional amounts, flexible monthly plans | Allocated physical metal, delivery or storage option | Beginners wanting an accessible, mobile-first entry point |
| Traditional bullion dealer | Often a full coin or bar | Direct physical ownership | Buyers wanting a large lump-sum physical holding |
| Gold-tracking ETF (via an investment platform) | Cost of a single share/unit | Indirect exposure via a fund, no physical metal | Investors who want gold exposure inside an ISA or SIPP |
| Jewellery or collectable coins | Varies widely | Physical ownership, but often at a premium over metal value | Those buying for sentimental or collectable reasons rather than pure investment |
Who gets the most out of this Minted referral
This offer suits people who are already curious about precious metals but have been put off by the perceived cost or complexity of buying gold the traditional way. It's a good fit for savers who like the idea of a small, automated monthly plan rather than needing to time a big lump-sum purchase. It also works well for anyone who wants to try physical gold or silver ownership with a small amount of free credit before deciding whether to commit more of their own money. It's less suited to those looking for guaranteed returns or a cash-equivalent savings product, since the value of any metal purchased can fall as well as rise.
Referral FAQs
What is the Minted referral code?
The current referral code is 1PUDMS, entered in the "Referral Code" field during sign-up, or applied automatically via a referral link such as this one.
How much do new customers get with a Minted referral?
New customers who sign up with a valid referral link or code and then set up a monthly plan or complete a transaction receive £10 credited to their account.
Do I need to enter the code manually?
If you sign up via a referral link, the code is usually applied automatically. If you're registering directly through the app, you'll need to type the code into the referral field yourself before completing sign-up.
What counts as a qualifying action for the reward?
According to Minted, the £10 reward is credited once a new customer sets up a monthly gold or silver plan or completes a transaction — simply creating an account is not enough on its own.
Can I use the referral bonus on silver as well as gold?
Yes, Minted's app supports buying both physical gold and physical silver, and the referral credit can generally be put towards either, subject to the app's current terms.
Is Minted regulated in the UK?
The Minted App Ltd is registered with the Financial Conduct Authority under the Electronic Money Regulations 2011 (FRN: 901081) for the issuing of electronic money.
Can existing Minted customers use a referral code?
No, referral codes are designed for brand-new customers signing up for the first time and cannot typically be applied to an existing account.
Is there a deadline to use the referral code?
Minted's referral programme is presented as an ongoing feature rather than a time-limited flash promotion, but specific terms and reward amounts can change, so it's worth checking the current referral campaign terms before signing up.
Verdict
A Minted referral is a low-risk way to try a genuinely useful idea: buying physical gold and silver in small, manageable amounts from your phone, rather than needing a specialist dealer or a large upfront sum. The £10 reward for setting up a plan or making a transaction is a fair incentive to take that first step, and the option to build a monthly habit or make one-off purchases gives new customers real flexibility. As with any precious metals purchase, values can go down as well as up, but for anyone who's been curious about gold ownership, this referral is a sensible, no-cost way to get started.
