Referrals + Savings Promotion Terms

What is this promotion about?

• What: Earn the reward(s) set out below (the Reward) by inviting an individual (the Invitee) to sign up for a Revolut Personal account and open a savings account using the email or in-app invitation to participate in this promotion (the Promotion Invitation).
• Who: Existing Revolut Personal customers who receive a Promotion Invitation, and complete the Required Steps set out below (the Referrer).
• When: This promotion will run for the period specified in the Promotion Invitation (the Promotion Period). The Required Steps must be completed before the end of the Promotion Period.

These Promotion Terms set out the rules that apply to this promotion. You must comply with these Promotion Terms as well as the Personal Terms that apply to your Revolut Personal account.

The savings rate offered to Invitees

As part of this promotion, we may advertise an improved savings rate available to your Invitee when they open a savings account with Revolut. That improved savings rate is a separate offer, available to eligible new Revolut customers (whether or not they were referred), and is governed by its own terms (the Savings Terms). These Promotion Terms do not govern the improved savings rate, its amount, its duration, or the Invitee's eligibility for it. The Invitee's entitlement (if any) to the improved savings rate is determined solely under the Savings Terms.

These Promotion Terms only govern the Reward payable to you where your Invitee completes the Required Steps, including opening a savings account.

What is the Reward?

The Reward under this promotion is a Fixed Reward, meaning the amount you receive is fixed and determined by the steps your Invitee completes. The Reward for this promotion is made up of:

1. a Base Reward payable when your Invitee completes the Required Steps set out in clause "Eligibility and Required Steps of the Invitee" below (and detailed in the Promotion Invitation); and
2. a Savings Bonus payable in addition to the Base Reward when your Invitee also opens a savings account and pays in the minimum funds required before the end of the Promotion Period, as set out in your Promotion Invitation and on the Referrals homepage in the Revolut app.

The amount of each element of the Reward available to you, and where applicable, the Invitee, will be set out in your Promotion Invitation and on the Referrals homepage in the Revolut app.

Your Reward may vary depending on the Invitee's country of residence. The maximum number of individuals you can refer will be set out in the Promotion Invitation. If you refer more than the limit, you will not receive any Reward for these additional Invitees.

Eligibility and Required Steps of the Referrer

To be eligible for this promotion, you must:

1. be an existing Revolut Personal customer with an active, unrestricted account; and
2. have received a Promotion Invitation.

The Required Steps for you are:

1. invite an Invitee to join Revolut by sending them a unique referral link (the Referral Link) via the referrals homepage in the Revolut app, or by following the link in the follow-up email, push notification or other communication from us (the Promotion Invitation);
2. be the sole sender of the message, and only refer individuals you know and have permission to contact; and
3. ensure that your Invitee uses the Referral Link you sent them when opening a Revolut Personal account.

You must not:

1. send unsolicited referrals; or
2. mislead, or attempt to mislead, anyone in connection with this promotion.

Eligibility and Required Steps of the Invitee

To be eligible for this promotion, the Invitee must:

1. not have, and must never have held, a Revolut Personal account with any Revolut group entity;
2. be eligible to open a Revolut Personal account in their location;
3. be at least 18 years old; and
4. have received a Referral Link.

The Required Steps for the Invitee are:

1. use the Referral Link to successfully open a Revolut Personal account and complete our Know Your Customer (KYC) checks before the end of the Promotion Period. If the Invitee opens a Revolut Personal account using the normal account opening process in the Revolut app (without the Referral Link), neither you nor the Invitee will be eligible to participate in this promotion;
2. complete the steps set out in the Promotion Invitation and on the Referrals homepage in the Revolut app.

A Reward will not be paid, or may be revoked if previously paid, if the Invitee reverses a Required Step after taking it. Examples of a reversed step include, but are not limited to:

1. the Invitee closing their Revolut Personal account within 14 days of opening it;
2. the Invitee cancelling their Revolut card before it arrives;
3. the Invitee cancelling or receiving a refund for a qualifying card payment; or
4. the Invitee closing their savings account or withdrawing funds below any applicable funding threshold as set out in the Promotion Invitation within 30 days of opening it.

What is a genuine card payment?

A genuine card payment is one the Invitee makes to buy goods or services from a merchant (in store or online) at a standard market price, using their regular Revolut Personal account (not a Joint, Revolut Pro, or under-18 account).

A payment does not count if it is made to a merchant in any of the excluded categories below:

1. Cash, wire transfers, money orders, foreign currency exchanges, digital wallet top-ups, prepaid card reloads, gift cards, or crypto transactions.
2. Brokerage fees, investment products, real estate and rental management, parking, commercial and household management, or financial and professional services.
3. Betting, casino transactions, sportsbooks, or lottery tickets.
4. Tax payments, fines, court fees, bail, or government procurement.
5. Education services.
6. Utilities and wholesale goods.

When do I get the Reward?

We will credit any Reward to your Revolut Personal account within 30 calendar days of the Invitee completing the relevant Required Steps. The Base Reward is credited on completion of the Referral Steps, and the Savings Bonus is credited on the Invitee opening a savings account and meeting any applicable funding threshold, in each case before the end of the Promotion Period.

Legal bits and pieces

This promotion is organised and offered to you by the Revolut group entity that provides you with your Revolut Personal account. If you have a complaint about this promotion, you can raise it directly with them (by using this form or emailing them at formalcomplaints@revolut.com). Please see below for the registered addresses of each Revolut group entity and the relevant laws and courts that have jurisdiction to determine any dispute you may have in relation to this promotion. You can rely on the mandatory consumer protection rules and laws of the country where you live.

If you would like to find out more about which Revolut entity provides your services, please visit our Help Centre. If you have any other questions, please reach out to us via the in-app chat in the Revolut app.