Promotion terms

Influencer Promotion, Spend and Get

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What is this Promotion about?

As part of the Revolut x Affiliate Influencer Promotion (the “Promotion”), Revolut is offering prospective customers in Spain the opportunity to sign up for a Revolut Personal account for the first time using a link or a code provided by an affiliated Revolut partner, like a YouTuber, Instagramer or podcaster (the “Partner”) and:

  • enter a cash prize draw (the “Cash Prize”), net of taxes; and
  • receive cashback (the “Cashback”), net of taxes, for eligible transactions.

The Promotion will run for a specific period of time (the “Promotion Period”). The Promotion Period and the Cashback amount will be set out on the Revolut webpage at the unique link for the Promotion (“Landing Page”).

These terms (the “Promotion Terms”) set out the rules that apply to this Promotion, and you must comply with them and the terms that apply to your Revolut Personal account at all times when participating in this Promotion.

What do I need to do to take part in this Promotion?

To be eligible for this Promotion, you must:

  • Live at a residential address in Spain;
  • be at least 18 years of age; and
  • not have or have previously held a Revolut personal account with any Revolut group entity.

You will also need to complete the following steps.

  • Click on the unique link provided by the Partner and provide your phone number. Once you have provided your phone number, you will be directed to the Revolut app sign up flow for a Revolut Personal account.
  • Follow the steps in the SMS you receive for opening a Revolut Personal account and successfully complete our Know Your Customer (“KYC”) checks.
  • Make a top up of at least €1 or currency equivalent to your Revolut Personal account.
  • Make one Revolut card payment of any value with a physical or virtual card.

You must complete all of the above steps by the end of the Promotion Period in order to be eligible to start receiving Cashback, and to participate in the Cash Prize draw.

How do I get Cashback?

You must complete the steps above in “What do I need to do to take part in the Promotion?” before you can earn a Cashback.

To earn the Cashback, you will need to spend a certain amount in total on your Revolut physical or virtual card during the Promotion Period. Your first card payment will count toward this amount. If you do, you will earn a fixed amount of Cashback. The amount you need to spend, and the amount of Cashback you’ll receive, will be confirmed in the Landing Page.

Each transaction must be a genuine purchase to count towards this total amount (for example, card transactions to payment service providers, other bank accounts or e-wallets, and money transfers will not count towards the required total transaction amount).

Revolut will credit the Cashback to your Revolut Personal account within ten business days after you have completed the steps outlined above.

How do I enter to win a Cash Prize?

Customers who complete the steps outlined in “What do I need to do to take part in this Promotion?” will be entered into the Cash Prize draw.

We’ll confirm on the Landing Page how many customers can win a Cash Prize as part of the Promotion.

The day after the Promotion Period ends, we will select the winner(s) and notify them via email, and credit the Cash Prize to their Revolut Personal account within ten business days after the notification.

What other legal information should I know?

  1. This Promotion is organised and offered to you by Revolut Bank UAB, Sucursal en España, with registered address at calle Príncipe de Vergara 132, 28002, Madrid (Spain), with tax ID W0250845E, and duly registered with the Commercial Registry in Madrid under Volum 44863, Sheet 1, Section 8, Page M-789831 and with the Bank of Spain under number 1583. The applicable legislation to these Promotion Terms is the Spanish one and any dispute you may have in relation to the same will be handled by Spanish Courts.
  2. We may suspend or end the Promotion early if, in our reasonable opinion, it is being abused or may negatively affect Revolut’s goodwill or reputation. We may do this on an individual or promotion-wide basis.
  3. We can cancel this Promotion, or change these Promotion Terms at any time without notice. If we do, we will try to give you notice in the same way we announced this Promotion.
  4. If we have reasonable grounds to believe that you have engaged in any fraud or material abuse of this Promotion (such as for example attempting to obtain an unfair advantage through deception) we may in our sole discretion take any actions we see fit in the circumstances, including reversing any Cash Prize and/or Cashback. We will consider any reversal to have been done with your consent and the payment to have been authorised by you.
  5. If your Revolut Personal account is suspended, closed or restricted before you receive a Cash Prize and/or a Cashback, you will lose your entitlement to it.
  6. Events beyond the control of Revolut may also occur that render the awarding of the Cash Prize and/or Cashback as part of this Promotion impossible. Revolut will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control.
  7. Please take into account that this Reward is subject to the Personal Income Tax as income from movable capital subject to withholding (according to applicable legislation and without prejudice to the provisions of the provincial tax systems). You, as the recipient of the Reward, must declare an income from movable capital in your savings tax base determined by the full amount of the Reward received, and may deduct the withheld amount from the personal income tax quote. The full amount of the Reward will be the Reward communicated in the promotion Invite plus the tax we are obliged to withhold. We will levy on that amount the 19 % withholding tax and the Reward amount will result of that calculation.
  8. If you sign up to Revolut as part of this Promotion, Revolut will process your personal data in compliance with our Customer Privacy Notice that applies to your Personal account.
  9. These Promotion Terms are published in Spanish and any translation is a courtesy and an unofficial translation only - participants of the Promotion cannot derive any rights from the translated version. The Spanish language version of these Promotion Terms shall apply and prevail and be conclusive and binding. The Spanish version shall be used in any legal proceedings.