Referral Program
Terms & Conditions
Last Updated: June 9, 2025
These Terms and Conditions (“Terms”) govern participation in the GBI Direct Referral Program (the “Program”) offered by GBI Direct (“GBI Direct,” “we,” “our,” or “us”). By participating in the Program, you (“Referrer” or “Referral”) agree to be bound by these Terms, the GBI Direct Privacy Policy, and the GBI Direct Terms & Agreements.
1. Eligibility
To participate in the program:
- Referrers must have an active GBI Direct account in good standing as of the date the program commences.
- Referrals must:
- Be new customers who have never previously held an GBI Direct account of any kind.
- Be 18 years or older.
- Be a U.S. resident.
2. What Qualifies as a Referral
A referral becomes a Qualified Referral when all the following are completed:
- The referrer logs into their GBI Direct account and generates a Unique Referral Link.
- The referrer shares this link with a friend, family member, or acquaintance.
- The referrer uses the link to:
- Open a new GBI Direct account, and
- Make a purchase of precious metals (gold, silver, or platinum) totaling at least $1,000 USD within 30 calendar days of opening the account.
3. Referral Bonus Tiers
| Referral Purchase Amount (USD) |
Referreral Bonus (USD) |
|---|---|
| $1,000 - $1,999 | $35 |
| $2,000 – $4,999 | $65 |
| $5,000 - $14,999 | $125 |
| $15,000 - $49,999 | $200 |
| $50,000 - $99,999 | $400 |
| $100,000 - $149,999 | $800 |
| $150,000 – $249,999 | $1,200 |
| $250,000+ | $2,000 |
- Bonuses will be paid to both Referrer (existing customer with an active account) and Referral (new account, with first qualified transaction only).
- There is no limit on the number of referrals a Referrer may make, as long as they abide by all the rules of the program; however, they will only receive one bonus per referral. The referral will receive bonus only on the 1st transaction.
4. How Bonuses Are Paid
- For a Referrer or Referral with a taxable account, the bonus will be credited to the account within 30 days of the Referral completing their qualifying purchase.
- For a Referrer or Referral with a retirement (IRA) account, a check will be mailed to the account holder within 30 days.
All bonuses are paid in U.S. dollars. Processing times may vary based on verification and transaction processing.
5. Program Rules & Restrictions
Participants agree to the following:
- Bonuses are non-transferable and hold no value of any kind until officially awarded.
- Referrers may not:
- Post referral links on coupons, deals, or affiliate websites.
- Send unsolicited or mass promotional emails (“spam”).
- Attempt to self-refer by creating multiple or fake accounts.
- GBI Direct may revoke any bonus, cancel participation, or disqualify users for any actual or suspected abuse, fraud, or violation of these Terms, at its sole discretion.
6. Taxes
Any federal, state, or local tax obligations resulting from receipt of a referral bonus are the sole responsibility of the referrer. GBI Direct may issue IRS Form 1099 or other required documentation where applicable.
7. Program Duration
The program is effective beginning June 2025 and will remain in effect until further notice. GBI Direct reserves the right to suspend, extend, update, or terminate the program at any time, with or without prior notice.
8. Dispute Resolution
Any disputes relating to the Program shall be handled in accordance with the dispute resolution process outlined in the GBI Direct Terms & Conditions as well as Referral Program.
These Terms shall be governed by and construed in accordance with the laws of the State of New York, excluding its conflict of law principles.
9. General Terms
- All decisions regarding eligibility and rewards are made solely by GBI Direct and are final and binding.
- Referral activity may be subject to internal review or audit.
- These Terms may be modified at any time without notice to you. Continued participation after any changes constitutes agreement to the updated terms.
In case of conflict between these Terms and any marketing or promotional materials, these Terms shall take precedence.
10. Contact
For any questions related to this program, please contact our support team at support@gbidirect.com.