What is this Promotion about?
As part of the Revolut x F1 Prize Promotion (the “Promotion”), Revolut Technologies Singapore Pte Ltd is offering prospective customers in Singapore an opportunity to sign up for a Revolut Personal account for the first time and make a qualifying spend in order to win the F1 Prize if they are either the 88th or 888th customer to sign up for a Revolut Personal Account during the Promotion Period (the “F1 Prize”).
The Promotion will run from 1st to 30th September 2026 (the “Promotion Period”).
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 is the F1 Prize?
- 2-day Singapore race tickets for two (2) people, worth €850 (approximately S$1465)
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 Singapore;
- be at least 18 years of age; and
- not have or have previously held a Revolut personal account with any Revolut group entity.
How do I win the F1 Prize?
If you meet the eligibility criteria above, you must also complete the steps outlined below, in order to win the F1 Prize:
- Download the Revolut app using the unique link provided by Revolut or from the app store
- Follow the steps in the SMS you receive for opening a Revolut Personal account and successfully complete our Know Your Customer (“KYC”) checks.
- Use a Revolut physical or virtual card to make a qualifying spend of S$50. 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).
- You must complete all of the above steps by the end of the Promotion Period in order to be eligible to participate in the F1 Prize draw.
- In addition to all the steps above, you must also be the 88th or 888th person to sign up for a Revolut account within the Promotion Period. The 88th and 888th successful applicants to sign up for a new Revolut account (please note that you must not have previously held any Revolut account in order to be considered to sign up for a new Revolut Account) will be determined by Revolut in its sole and absolute discretion.
- If you are the 88th or 888th person to sign up for a Revolut Account during the Promotion Period and have won the F1 Prize, Revolut will send a confirmation email to you after the selection of the Winner about F1 Prize updates; and
- You acknowledge that once submitted, the registered email address provided cannot be amended and Revolut will not be able to re-issue or refund any cash award(s) already transferred to the relevant Revolut Account should the email address provided be in error.
If a winner of the F1 Prize is disqualified for any reason including due to ineligibility or failing to comply with any of these Terms, then another winner will be selected instead.
What other legal information should I know?
- 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.
- 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.
- 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 the F1 Prize. We will consider any reversal to have been done with your consent and the payment to have been authorised by you.
- If your Revolut Personal account is suspended, closed or restricted before you receive the F1 Prize, you will lose your entitlement to it.
- Events beyond the control of Revolut may also occur that render the awarding of the F1 Prize 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.
- 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 Singapore. It is 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.
- 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.
- These Promotion 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 Promotion 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 version will prevail.
- To the extent permitted by law, these Terms shall be exclusively governed by and construed in accordance with the laws of Singapore. Any disputes arising out of or in connection with these terms shall exclusively be submitted to and dealt with by the competent court in Singapore.