Money Market Fund Promo Cash Reward Campaign
1. What is this Campaign about?
The Money Market Fund cash reward campaign (the “Campaign”) allows you to earn a S$25 cash reward if you invest in our newly launched money market funds (“MMFs”), and make an investment of at least USD $2500 without reducing this holding for 31 days from the first day you make your investment(s) (other than due to market factors outside of your control). You are required to maintain a Flexible Account with us in order to invest in the MMF, Fidelity Institutional Liquidity Fund plc, an investment company organised in the form of an umbrella fund, which consists of multiple sub-funds. For more information on the Flexible Account and the MMF offered by us, please refer to the Trading Terms.
The Campaign is governed by these terms and conditions (the “Terms”).
2. Who is eligible for the Campaign?
Anyone who is a customer of Revolut Securities Singapore Pte Ltd (“Revolut”, “we”, or “us”) who has an active Investment Account (meaning it is not suspended or restricted), and who is legally residing in Singapore, is eligible for the Campaign. The cash reward will be paid out only to the first 1000 users that satisfy the above conditions i.e. invest in Flexible Accounts and invest a sum of at least USD $2500 without reducing any part of this investment for the first 31 days (other than due to market factors outside of your control).
In addition, if there is any money topped into your Revolut account using credit/debit cards during the promo period, you will not be eligible for the campaign.
Unfortunately, employees and contractors of Revolut and their immediate family members (spouses, parents, children, siblings and their respective spouses, regardless of where they live) or persons living in the same households are not eligible.
To remain eligible for the Campaign, you must follow these Terms at all times.
If you are disqualified from the Campaign for any reason, we will ask you to return any cash reward you received as part of the Campaign within three days. If you do not, we may deduct it from your Revolut Retail Account.
3. What is the duration of the Campaign
The Campaign period applicable to you will be informed to you via email.
4. How do I earn the cash reward?
To earn the cash reward, you must:
- Create your Flexible Account;
- Invest at least USD $2500 in the Flexible Account;
- Not reduce any part of your USD $2500 investment for 31 days in the Flexible Account, counted from the day you first invest with us; and
- Not use any credit/debit card to make any top ups into your Revolut account for the first 31 days after you first invest with us.
This means that if you first invest with us on 31st May, you may not reduce any part of the investment balance of USD$2500 every day up until 31 days have elapsed, i.e. until 1st July. If the market value of your investment falls below USD$2500 on any of these days due to market factors outside of your control, you will nevertheless be eligible for the cash reward.
5. How much Cash reward will I get?
You will receive S$25 in cash reward, if you are eligible based on the criteria listed above.
If you earn a cashback, we will deposit the cashback into your Revolut Retail Account by no later than 30 business days after the end of the Campaign.
6. What other legal information should I know?
These Terms govern the Campaign and the relationship between us (Revolut Securities Singapore Pte. Ltd.) and anyone who participates in the Campaign.
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 within five business days of either receiving a cashback reward or receiving an email from us notifying you of your cashback reward (whichever is earlier).
We may, at our sole discretion, suspend, terminate or change the Campaign or these Terms without notice.
These Terms are published in English and any translation is a courtesy translation only. This means you cannot derive any rights from any translated version and only the English version can be used in legal proceedings.
To be eligible for the Campaign, you must comply with these Terms, and any other terms and conditions that apply to your account, at all times. We will determine your eligibility at our sole discretion, and reserve the right at any time to disqualify participants if we consider they have breached these Terms, breached applicable laws, or are otherwise not eligible.
If we believe that you have engaged in any fraud or material abuse of this Campaign we may in our sole discretion take any actions we see fit in the circumstances.
All decisions made by us under these Terms or in relation to the Campaign shall be final. We may, but are not required to, justify any of our decisions.
Only you and we have any rights under these Terms. They are personal to you and you cannot transfer any rights or obligations under it to anyone else.
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).