Enhanced retirement benefits now available for all retired individuals.
New Russian Bank Program Offers Bonuses to Pensioners for Bank Recommendations
A new initiative has been launched by Russian banks, allowing pensioners to increase their income without employment. This program, not tied to a pensioner's employment status or other income, offers a monetary bonus for recommending a bank to other pensioners.
According to the program, a pensioner opens a new bank card at a chosen bank and, after the first pension payment is received on the cards of both the referrer and the new client, both receive an automatic bonus. The bonus amount is typically around one thousand rubles, although the exact figure is not specified in the article.
The initiative covers over 40 million Russian pensioners registered in 2023, and with the high adoption of cashless payments in Russia (reaching 83% in 2024, according to Central Bank statistics), the implementation of such programs for banks and their clients has been significantly simplified.
Despite the benefits this program offers, it does not seem to have a direct impact on the Russian economy, as the article does not provide any information on this matter. Furthermore, the mechanism for receiving the bonus and the participating banks are not detailed in the article.
It's important to note that, as of mid-2025, there is no widely reported or official program by Russian banks providing additional payments to pensioners specifically for bank recommendations. If such a program exists, it may be very recent or localized and not covered by major sources or official sanction/rules guidance.
In the past, similar programs were tied to direct transfers of pension payments to a specific bank, but this new program appears to be separate from the pension payment process. The funds are credited to the same bank account where the pension is received.
While the article does not mention any restrictions or conditions for participating in this program, it's always a good idea for pensioners to research and understand the terms and conditions before participating in any financial initiative.
The new Russian bank program, aimed at pensioners, offers bonuses for recommending a bank to other pensioners, even if the pensioner's income isn't tied to employment (finance, business). This financial initiative, reducing the need for pensioners to seek employment to increase their income, directly credits funds to their bank accounts after successful referrals (finance).
