Chexy’s Referral Status is a great way to save on processing fees, but it’s important to know how long your status lasts. Here’s everything you need to understand about the duration of your Referral Status:

Duration of Your Referral Status

Your Referral Status lasts for the entire calendar year in which you earn it. Once January 1st rolls around, your status will reset, and you’ll need to refer more friends to unlock a new status for the upcoming year.

Key Details:

- Calendar Year: Your referral status is active from the time you unlock it until the end of the calendar year.

- Annual Reset: Every January, your status resets, and you'll need to work towards unlocking a new one.

- Longer Discounts: The faster you reach a new referral status within the year, the longer you’ll enjoy discounted processing fees.

Bottom Line:

To maximize your savings, aim to unlock your Referral Status as early in the year as possible, so you can enjoy discounted fees for the longest period.
​
​Tiers:
​No status (<3 referrals): 1.75% processing fee, no discount

Pink Status (3 referrals): 1.50% processing fee for the rest of the calendar year

Gold Status (5 referrals): 1.00% processing fee for the rest of the calendar year

Elite Status (10 referrals): 0.50% processing fee for the rest of the calendar year

Start referring and enjoy the discounts while your status lasts!