(Get free S$20) Endowus Referral Code : Y02KH

Use Endowus referral code Y02KH when you sign up and you get S$20 in Endowus Fee credit after your first S$1,000 investment. The offer is open to Singapore-based investors, and you can fund it with cash, CPF or SRS.

What is Endowus and why use it

Endowus is a Singapore digital wealth advisor. It holds a Capital Markets Services licence from MAS (CMS Licence 101051). You can invest cash, CPF Ordinary Account, CPF Special Account and SRS money in one app, and your assets are held in custody with UOB Kay Hian.

Endowus earns its money from a single Endowus Fee and passes 100% of fund trailer fees back to you as cashback. There are no sales charges, switching fees or lock-ups. Current fees:

• Cash (Flagship, Income, ESG, Fund Smart multi-fund): 0.60% p.a. below S$200,000 and 0.50% from S$200,000 to under S$1 million. The rate drops further above S$1 million.
• CPF / SRS advised portfolios: a flat 0.40% p.a. A single-fund Fund Smart portfolio costs 0.30% p.a.
• Cash Smart (cash management): a flat 0.15% p.a.

Fund-level fees of roughly 0.05% to 1% are charged on top of these and are built into each fund’s price.

Endowus fits you best if you want hands-off, diversified portfolios, especially for idle CPF OA or SRS money. If you would rather pick your own stocks and ETFs, a brokerage will be cheaper.

Endowus Referral Code: Y02KH — What You Get

Under the standard Endowus Referral Program, this is how the reward works:

• You get S$20 in Endowus Fee credit once your qualifying investment of at least S$1,000 is completed.
• The person who referred you also gets S$20.
• The credit is applied to your account automatically. You don’t need to submit a form.

The credit is not cash. It is used to pay Endowus Fees on your holdings, so you can’t withdraw it, transfer it, or use it against fund-level fees.

How far S$20 actually goes

Watch for upsized promotions

Endowus raises the referral reward a few times a year. In 2026, the CNY campaign (2 Feb to 3 Mar) paid S$38 each, and the National Day campaign in August paid S$61. If you start investing during one of these windows, you get the higher amount automatically with the same code. We update this page whenever a new campaign goes live.

How to Use the Endowus Referral Code (Step-by-Step)

1. Open the invite link above, or download the Endowus app from the App Store or Google Play. The invite link applies Y02KH for you.
2. Create your account. If you signed up through the app, enter the code in the referral code field. Enter it before you finish setting up the account, because the code can’t be added afterwards.
3. Verify your identity with Singpass (Myinfo). Then complete the short risk-profiling questionnaire. This usually takes under 10 minutes.
4. Choose your funding source.
   • For cash, you transfer funds to your UOB Kay Hian trust account.
   • For CPF, you need a CPF Investment Account with DBS, OCBC or UOB.
   • For SRS, you need an existing SRS account.
5. Invest at least S$1,000. You can split this across several goals or portfolios.
6. Wait for the order to complete. Placement usually takes 3 to 5 business days. Your S$20 credit is applied automatically after the investment completes.

Eligibility & Terms You Should Know

• New clients only. If you already have an Endowus account, the code won’t apply to you.
• Minimum S$1,000 investment. This is the qualifying threshold and also Endowus’s minimum initial investment.
• Order timing matters during promos. For an upsized campaign, your order must complete within the promotion period. Submitting it in time is not enough. Allow 3 to 5 business days.
• Who can sign up. Endowus is open to Singapore-based investors. US Persons are not eligible.
• One reward per referee. You get one S$20 credit no matter how many people your referrer has invited. Campaign bonuses also don’t stack with the standard reward.
• No combining. Partner offers, such as those for SAFRA or HomeTeamNS members, can’t be used together with a referral code.
• Endowus has the final say. It can change or end promotions and reject applications that fail its due-diligence checks.

Is the Endowus Referral Bonus Worth It?

As a sign-up perk, S$20 is small. Bank and brokerage welcome offers often run into the hundreds of dollars [link to: best bank account promotions Singapore]. But the referral reward shouldn’t be the main reason you choose Endowus.

The real value is the fee structure. You get access to institutional share classes, 100% trailer-fee cashback and CPF/SRS investing in one app. For someone moving S$10,000 of CPF OA money, the credit pays for roughly the first six months of fees.

There is one thing to check first. If you are a SAFRA or HomeTeamNS member, look at their member deals. In 2026 they listed S$50 off Endowus Fees for 6 months for new clients, which is worth more than the standard S$20 credit. If neither applies to you, or an upsized referral campaign is running, the code is the better option.

How to Share Your Own Endowus Referral Code

Once you have invested, open the Rewards tab in the Endowus app to find your personal code and link. Each time a friend signs up with it and invests S$1,000, you each get S$20 (more during campaigns).

Endowus’s terms require you to share your link only with people you know. Mass messaging, bots and paid ads for referral links are not allowed and can get your link revoked.

FAQ

Does the Endowus referral code still work in 2026?

Yes. Code Y02KH is valid under the ongoing Endowus Referral Program and was last checked on 5 October 2026.

How much do I get with the Endowus referral code?

You get S$20 in Endowus Fee credit, and your referrer gets the same. The amount goes up during campaigns: it was S$38 at CNY 2026 and S$61 in August 2026.

How long does the bonus take to credit?

The credit is applied automatically once your qualifying investment completes. That is usually 3 to 5 business days after you place the order.

Can I use the code if I already have an Endowus account?

No. The code only works for new Endowus accounts.

Can I withdraw the S$20 as cash?

No. The credit can only be used to offset Endowus Fees.

Can I use CPF or SRS to qualify?

Yes. Cash, CPF and SRS all count towards the S$1,000 minimum, and so does any mix of them.

Is there an Endowus promo code different from the referral code?

Endowus treats them as the same thing. Your “promo code” is a referrer’s code, like Y02KH. Partner deals from SAFRA, HomeTeamNS and others use their own links, and you can’t combine them with a referral code.

Is Endowus safe?

Endowus is licensed by MAS, and your assets are held in a segregated trust account with UOB Kay Hian. Investments are not capital-guaranteed and are not covered by SDIC.

Start Investing with Code Y02KH

This article is for information only and is not financial advice. Investments carry risk, and promotion terms can change. Always check the latest T&Cs on Endowus’s website before you invest.