General Partner Promotion Terms - Exemption Fee

What is this Promotion about?

As part of the Revolut x Partner Fee Exemption Promotion (the “Promotion”), Revolut is offering prospective customers of Revolut Bank UAB in Portugal (the “Eligible Country”) 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, Instagrammer or podcaster (the “Partner”) and receive a fee exempt Revolut account subscription plan (“Fee Exemption Offer”) for a limited time (the “Fee Exemption Period”).

This Promotion runs for an indefinite period of time, but Revolut has the right to terminate it at any time. Termination of this initiative will not affect your rights, if you have already participated in the Promotion. The details of the subscription plan will be clearly set out in the Partner’s app and/or on the Partner’s website and/or on their social media as well as on the Revolut page when you click on the unique link for the Promotion (the “LandingPage”).

You acknowledge and understand that essential details governing each individual “Revolut x Partner Fee Exemption” will be provided in the Landing page, and the current terms and conditions (the “PromotionTerms”) provide a general framework within each “Revolutx Partner Fee Exemption”.

The Promotion Terms, along with the Landing page, set out the rules that apply to the Promotion, and you must comply with these Promotion Terms and also the Personal terms that apply to your Revolut Personal account, and Paid plan terms and Fees pages relevant to your exempt subscription plan at all times when participating in the Promotion.

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

To be considered an “EligibleParticipant” for this Promotion you must:

• Have a residential address in Portugal;
• be at least 18 years of age;
• not have or have previously held a Revolut Personal account with any Revolut group entity; and
• Either receive marketing directly from the Partner about this Promotion or see the Promotion marketed in the Partner’s app and/or on the Partner’s website and/or on their social media so you can follow the below steps to benefit from the Promotion (you will only receive an email/SMS/push notification from the Partner if you have already provided your personal data to the Partner and are happy for the Partner to send marketing to you).

You must also complete the following steps :

• Click on the unique link for the Promotion 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; and
• Successfully open a Revolut Personal account for the first time through the Promotion unique link.

You must successfully complete all of the above steps in order to receive the Fee Exemption Offer.

You must use the Promotion unique link provided as part of this Promotion to sign up for a Revolut Personal account. If you sign up using the normal account opening process in our app, you will not be able to take part in this Promotion.

What is the Fee Exemption Offer?

During the Fee Exemption Period we will not charge you the fee of the subscription plan you are being offered.

How long is the Fee Exemption Offer Period?

We will exempt you from paying the subscription fee of the Paid Plan account you have opened for 2 months since you have accepted the Fee Exemption.

How do I start my Fee Exemption Offer Period?

To start your Fee Exemption Offer Period, you will need to complete the steps to upgrade your Revolut Personal account to the subscription plan you are being offered as part of the Fee Exemption Offer within 72 hours of your Revolut Personal account being successfully opened.

Just so you know, the Paid plan terms will apply to you during your Fee Exemption Offer Period. We will not charge you the subscription fee for the period of time included in your Fee Exemption Offer Period. When your Fee Exemption Offer Period ends, normal cancellation and billing rules will apply and we’ll start taking payments for your subscription either monthly or yearly depending on what you agreed to when you signed up for the Paid plan.

Right to cancel

You have the right to cancel your subscription plan within the Fee Exemption Offer Period, after which normal cancellation rules will apply. Depending on the Revolut group entity that provides you with your Personal account, this could mean that normal fees for downgrading your Paid Plan subscription will apply or that you are bound by a minimum term during which you cannot downgrade (see sections 11 and 12 of the Paid Plan Terms for more information).

Termination of your account is subject to the rules set on your Personal terms.

Physical Revolut card

You can order one Revolut card free of charge during your Fee Exemption Offer period. However, if you decide to cancel your subscription during your cooling off period, you will have to pay us the fee for the delivery of the card and the card itself if you ordered a “Metal” or “Ultra” card. You may also have to pay a card delivery fee and a fee for the card itself if you order any additional Revolut card.

Please refer to the Fees page to see the fees associated with card delivery and any fees for the card itself”.

What other legal information should I know?

1. We may change or suspend the Promotion if the Promotion is being abused, may negatively affect Revolut’s goodwill or reputation or due to unforeseen events that make it impossible to continue the Promotion. We may do this on an individual or promotion-wide basis. If that happens, we’ll tell you in the same way the Promotion was announced, and we’ll give you 5 days prior notice by email. Any changes to the Promotion Terms will not affect your rights, if you have already participated in the Promotion, but you can also decide to terminate your participation.
2. Revolut will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control and that is not due to fault or gross negligence 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.
3. 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), your Fee Exemption Offer Period will end immediately, and you will be charged (a portion of) the applicable Paid Plan subscription fees corresponding to the period of time used until your Fee Exemption Offer Period ended.
4. If you close your Revolut Personal account or your account becomes suspended or restricted before we grant you your Fee Exemption Offer, you will lose your entitlement to it.
5. The Partner will send marketing to its existing customers in compliance with applicable data privacy and direct electronic marketing laws. If you do not want to receive marketing from the Partner you must manage your marketing preferences with the Partner directly as this is outside of Revolut’s remit. If you sign up to Revolut as part of this Promotion, Revolut will process your personal data in compliance with our Customer Privacy Policy.
6. By participating in this Promotion, you confirm that you understand that any benefit you receive as part of this Promotion may be subject to local income tax in the country of your residence and/or in the local territory where you are tax resident. It is entirely your responsibility to pay any tax which may arise from receiving any benefit. Revolut will bear no liability for any tax obligations which may arise from receiving any benefit as part of this Promotion.
7. These terms are published 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 version of these Promotion Terms shall be used in any legal proceedings.

This Promotion is organised and offered to you by Revolut group entity that provides you with your Personal account. If you have a complaint about this Promotion, you can raise it directly with this entity. Please see below for the registered addresses of each Revolut group entity, prevailing language and the relevant laws and courts that have jurisdiction to determine any dispute you may have in relation to this Promotion. You can also rely on the mandatory consumer protection rules and law of the country where you live.