What is this Promotion about?
As part of the Discounted Fees Offer for Paid Plans (the "Promotion”) we are inviting new customers of Revolut Sociedade de Crédito Direto S.A. (“Revolut”) to sign up to one of our paid subscription plans (“Paid Plan”) at a discounted fee (the “Discounted Fee”) for a limited period of time (the “Discounted Fee Period”), which will be displayed in the Promotion Communication, via the Plan dashboard in your Revolut app or when signing up for Revolut.
The Discounted Fee in this Promotion is a fee that is lower than the usual fee payable by customers for the chosen Paid Plan.
This Promotion runs for a defined period of time (the “Promotion Period”). The Promotion end date will be clearly set out in the Plan dashboard in the Revolut app, the Promotion communication via email, push, inbox, title or product articles (the “Promotion Communication”) during onboarding when signing-up.
These terms along with the Plan dashboard disclaimer in the Revolut app and/or the Promotion Communication inviting you to participate in this Promotion (together, the “Promotion Terms”) set out the rules that apply to this Promotion. You must comply with these Promotion Terms, the Personal Terms that apply to your Revolut personal account, and the Paid Plan Terms at all times when participating in this Promotion.
Who is eligible for the Discounted Fee?
The Promotion will be available to new Revolut customers who:
- have been successfully onboarded as a Revolut customer (this means you must have passed our Know Your Customer checks and have no restrictions on your account);
- have received an invitation email and/or in-app communication during onboarding inviting you to participate in this Promotion; and
- join a Paid Plan with a monthly or annual subscription during the Promotion Period as defined in the Promotion Communication.
Customers who join the Paid Plan by completing the steps above during the Promotion Period are eligible to pay the Discounted Fee for the Discounted Fee Period.
How do I start my Discounted Fee Period?
You can start your Discounted Fee Period by following the instructions in the email or in-app invitation.
Discounted Fee
During the Discounted Fee Period we will charge you the Discounted Fee. You can see your Discounted Fee at any time in the Plan dashboard section of the app.
After your Discounted Fee Period ends, you will remain on the chosen Paid Plan, on the non-discounted fee for the time period selected for your subscription, unless you cancel your Paid Plan subscription. This means that normal cancellation and billing rules will apply (see the Paid Plan Terms, Fee pages). Both during the Discounted Fee Period and after the Discounted Fee Period ends, we will take payment for your Paid Plan monthly or annually as defined in the Promotion Communication.
Fees for ending or downgrading your Paid Plan subscription
You can end your Paid Plan subscription at any time (we call this a downgrade). Once you downgrade, you'll become a Standard user again (a personal account holder who does not pay a subscription for any of the Paid Plans).
What other legal information should I know?
- We may change, suspend or end the Promotion earlier than the end date we’ve mentioned above if, in our reasonable opinion, the Promotion is being abused or may negatively affect Revolut’s goodwill or reputation. We may do this on an individual or promotion-wide basis.
- If we need to change, suspend or end the Promotion before the end of the Promotion Period, we will announce this in the same way the Promotion was announced and we will give you notice in-app or via email. Any changes to the Promotion Terms will not affect your rights, if you have already participated in the Promotion.
- Revolut will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control, that is not due to fault or gross negligence, which means we are unable to continue running the Promotion as planned. Please contact Support in the Revolut app if you believe you qualify for a particular benefit in relation to the Promotion that has not been awarded to you as a result of early suspension or termination.
- If you close your Revolut personal account or your account becomes suspended or restricted before we grant you your Discounted Fee, you will lose your entitlement to it.
- Revolut needs to process your personal data to perform our obligations under these Promotion Terms. For more information about how we handle personal data, see our Customer Privacy Notice.
- These terms are published in English and in Portuguese and any translation is a courtesy and an unofficial translation only. Participants of the Promotion cannot derive any rights from the translated version. The Portuguese language version of these terms shall apply and prevail and be conclusive and binding.
- To the extent permitted by law, these Promotion Terms shall be exclusively governed by and construed in accordance with the laws of Brazil and any disputes arising out of or in connection with these Promotion Terms shall be exclusively submitted to and dealt with by the courts of São Paulo, Brazil.
- This Promotion is organised and offered to you by Revolut Sociedade de Crédito Direto S.A.. If you have a complaint about this Promotion, you can raise it directly with them. You can still rely on the mandatory consumer protection rules and law of Brazil.