After launching its new Swap program to help get you into a new Android phone, Visible is now rolling out a way to save you money on your monthly bill.

The new Visible Referral Program aims to get discounts on mobile service for you and your friends. Visible members will get $20 off their monthly bill when they refer a friend who activates service, and that friend will get $20 off their first bill when they sign up for Visible. Credits will roll over every month up to an entire year, meaning you could get up to $240 in savings.

If you've been interested in checking out Visible but don't have any friends who are already on the service, you can click on this referral link to get $20 off your first bill.

As a refresher, Visible offers a $40 per month rate plan that includes unlimited talk, text, and data on Verizon's 4G LTE network. Data speeds go up to 5Mbps and video streams at 480p. Also included in the Visible plan is mobile hotspot usage.