What is the Promotion about?
Revolut is offering selected Personal customers residing in Switzerland (the “Eligible Market”) the opportunity 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 before you decide to upgrade. Selected customers will be able to access this Promotion via the Plan dashboard in their Revolut app.
The Discounted Fee in this Promotion is a fee that is lower than the usual fee payable by customers for the chosen Paid Plan.
These terms and conditions along with the Promotion Communication inviting you to participate in this Promotion (together the “Promotion Terms”) set out the rules that apply to the Promotion. When participating in this Promotion, you must comply with these Promotion Terms, as well as:
- the Personal terms that apply to your Revolut Personal account; and
- the Paid plan terms and Fee pages relevant to your offered subscription plan, where applicable.
This Promotion runs for a defined period of time (the “Promotion Period”). The Promotion end date will be clearly set out in the Promotion communication via email, push, inbox, tile or product articles (the “Promotion Communication”). To take part in this Promotion, you must meet the eligibility criteria and complete the required steps set out in these Promotion Terms in the time outlined in the promotion communication. We call this the “Promotion Period”.
Who is eligible for this Promotion?
To be considered an “Eligible Participant” for this Promotion you must meet the following “Eligibility Criteria”:
- 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 a residential address in Switzerland;
- have received an email and/or push and/or see an in-app invitation for you to participate in the promotion; and
- join a Paid Plan with a monthly or annual subscription during the Promotion Period as defined in the Promotion Communication.
How do I start my Discounted Fee Period?
If you are an Eligible Participant, you can start your Discounted Fee Period by following the instructions in the Promotion Communication.
You must accept the Discounted Fee in your Revolut app to start your Discounted Fee Period.
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, 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). Ending or downgrading your Paid Plan subscription may be subject to some fees. See “Fees for downgrading your Paid Plan subscription” in the Paid Plan Terms for more information. In order to check the start date of your subscription please go to the ‘Profile’ -> ‘Plan’ -> ‘Billing Details’ section on your Revolut, and to check how you can downgrade, please go ‘Profile’ -> ‘Plan’ -> ‘Change Plan’ section. 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. Please contact Support 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 this early suspension or termination.
- 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 through an email, push notification and/or in-app Inbox message. 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 which means we are unable to continue running the Promotion as planned. Please contact Support 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 any translation is a courtesy and an unofficial translation only. Participants of the Promotion cannot derive any rights from the translated version. The English language version of these terms shall apply and prevail and be conclusive and binding. The English version shall be used in any legal proceedings. If, however, by law the local language should be used, the local language shall prevail.
This Promotion is organised and offered to you by the following Revolut entity that provides you with your Personal account. If you have a complaint about this Promotion, you can raise it directly with them. Please see below for the registered addresses and the relevant laws and courts that have jurisdiction to determine any dispute you may have in relation to this Promotion. You can still rely on the mandatory consumer protection rules and law of Switzerland.
Revolut group entity/branch | Registered address | The law that applies to these Promotion Terms | Which courts have jurisdiction |
Revolut Bank UAB | Konstitucijos ave. 21B, 08105 Vilnius, the Republic of Lithuania | Lithuanian Law | The courts of Switzerland. |