What rewards can I earn?
You’ll earn cash rewards when your friend or colleague opens and funds a qualifying Panacea account with your referral code:
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$100 when your referral takes out a PRN Personal Loan of at least $7,500+
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$250 when your referral completes a Student Loan Refi of at least $100,000+
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$25 for you and $25 for them when your referral opens a High Yield Savings Account and keeps it open for 30+ days
All rewards are deposited directly into your Panacea account.
Are there bonus rewards for making multiple referrals?
Yes! You'll also receive exclusive Panacea swag as you refer more people:
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5 referrals: Panacea socks, notebook, and pen
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10 referrals: Cotopaxi backpack
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20 referrals: Panacea jacket
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+10 more: A new reward at every 10-referral milestone!
There’s no limit to how many people you can refer. 🎉
How do I find my referral code?
All current customers received an email with their referral code on April 3, 2025. For new customers: your unique referral code is included in an email we send shortly after you become a customer.
Can’t find it? Fill out the form on this page or reach out to the concierge desk, and we’ll help you retrieve it.
How do I refer someone?
- Give your referral code to your friend or colleague.
- Have your friend or colleague give their referral code to their Primary Care Banker after they have submitted an online application.
Coming soon: We’ll make this even easier by allowing applicants to add a referral code in our online application.
When do I get my reward?
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PRN Personal Loan: Rewards are processed once the loan documents are signed and the account is opened.
- Student Loan Refi: Rewards are processed once the loan documents are signed and the account is opened.
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High Yield Savings Accounts: Rewards are paid after the account is open for 30 days with at least $25 in it.
Can I track how many people I’ve referred?
Unfortunately, we don't currently have a way to do this. If you’re curious, just contact us and we can provide the number.
Do I need to be a Panacea customer to refer someone?
Nope! Anyone can refer a friend or colleague to Panacea. But you’ll need to open a Panacea account to receive your referral dollars.
Can a referral code be added after someone opens their account?
Referral codes must be submitted during the application process. If there are unusual circumstances, reach out and we’ll see what we can do.