SG Trading Campaign
Get your first 3 trades fee-free*
Even better, upgrade to Metal plan to enjoy unlimited trades fee-free*
Promotion valid until Sep 30 2023
What is this Trading Campaign about?
The Trading Campaign - Get your first three trades fee-free* (the "Campaign") allows customers of Revolut Securities Singapore Pte Ltd in Singapore to receive refund (the “refund”) on eligible trades in Singapore during the Campaign Period if certain requirements as set out below in the section “Who is eligible to participate in the Campaign?” are met.
The Campaign will start at 00:00 on 1st Sep 2023 (GMT) and ends at 23:59 on 30 Sep 2023 (GMT). The Campaign can be extended or terminated by us in our sole and absolute discretion at any time but is currently scheduled to end on 30 Sep 2023 ( the "Campaign Period").
The Campaign is governed by these terms and conditions (the “Terms”). The Terms also govern the relationship between each participant in the Campaign (“you”) and Revolut Securities Singapore Pte. Ltd. (“Revolut”, “we,” “our” or “us”).
You will be deemed to be participating in the Campaign if you do not reach out to us via in-app chat to inform us that you do not wish to participate in the Campaign.
*Fee-free refers to zero commission, custody and settlement fees on all trades booked until 30th Sep.This does not include SEC/TAF fees charged by SEC and FINRA. Fees for all eligible trades will be refunded in Singapore Dollar to the e-money account held by you with Revolut Technologies Singapore Pte Ltd.
Who is eligible to participate in the Campaign?
In order to participate in the Campaign, you must:
- have never made any securities transactions (ie trades) with Revolut prior to 1st September 2023;
- have an active account with Revolut in Singapore during the campaign period, and your account must not be suspended or restricted; and
- be currently legally residing in Singapore.
Employees and contractors of Revolut are not eligible to participate in the Campaign.
We will determine eligibility at our sole and absolute discretion, and may disqualify participants in our sole and absolute discretion if we discover you have breached these Terms, Revolut General Terms, Revolut Trading Terms of Business or any other terms that apply to your account.
How do I participate in the Campaign?
To participate in the Campaign Period, you must sign up for securities trading services on the Revolut App, and book at least one trade through the Revolut App. Under the Campaign, the first three trades you book will be fee-free (in practical terms, the fees for the three trades will be refunded to you within thirty (30) business days after the end of the Campaign Period. If you upgrade to Metal plan or are currently on Metal Plan, all your trades booked during the campaign period will be eligible for the refund.
For example:
If you book three trades, a total fee of USD$2.97 (three trades at a cost of USD$0.99 / trade) will be charged to you. USD $2.97 refund amount will be deposited into your Revolut Account within thirty (30) business days after the end of the Campaign Period.
If you book four trades, a total fee of USD$3.96 (four trades at a cost of USD$0.99 / trade) will be charged to you. USD $2.97 refund amount will be deposited into your Revolut
In case you are on Metal Plan, all your trades will be eligible for the refund. If you book four trades, a total fee of USD$3.96 (four trades at a cost of USD$0.99 / trade) will be charged to you. USD $3.96 refund amount will be deposited into your Revolut
You must perform these actions yourself. You cannot allow third parties to use your Revolut account to make the Remittances.
If we suspect you have not met these criteria, or breached these Terms, we may ask you for further information to help us make this assessment.
How much refund will I get?
If you are eligible for the Campaign and upon your successful participation in the Campaign, you may be entitled to refund for eligible trades. For Standard and Premium plan users, you will receive refunds on a maximum of three eligible trades. For Metal plan users, all trades will be eligible. Refunds will be awarded in Singapore Dollar and deposited to your e-money account.
We will contact all participants who have been awarded any refund by email and deposit the refund amounts into their Revolut Account within thirty (30) business days after the end of the Campaign Period.
What else should I know?
Your participation in the Campaign is subject to these Terms as well as the other terms and conditions that apply to your Revolut account.
We reserve the right to refuse participation, or to refuse to award any refund to any participant in breach of these Terms or any applicable law.
You agree that if we (in our reasonable opinion) believe that you have breached these Terms or any other terms that apply to your account, you unequivocally authorise us to deduct from your account any refund paid under the Promotion.
We may change these Terms, or change, suspend or stop the Campaign at our sole and absolute discretion at any time.
Participation in this Campaign is entirely at the risk of participants, and Revolut does not make any warranties in connection with the same to the furthest extent permitted by law.
Revolut shall not be liable for any loss (including, without limitation, indirect or consequential loss) in connection with the Campaign or any refund, except any liability that cannot be excluded by law (in which case that liability is limited to the minimum allowable by law).
We accept no responsibility for any tax or other liability that may arise as a result of the Campaign.
These Terms shall be governed 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 exclusive jurisdiction of the competent court in Singapore.
By participating in this Campaign you consent to Revolut’s, collection, holding, storage use, processing, transfer, disclosure and/or reporting (directly or indirectly) of your personal data to relevant third parties (including any persons who are involved in operating, administering or promoting this Campaign on behalf of Revolut), including but not limited to for the purposes of administering this Campaign, for contacting you regarding the same and for marketing purposes.
You can find more information about how we use your personal data in our Privacy Policy (available at www.revolut.com/en-SG/legal/privacy). Save for the above, personal data relating to Revolut customers are kept confidential and will otherwise not be given to any other person except with the consent of the Revolut customer or as permitted by the Personal Data Protection Act 2012 (and subsidiary legislation).