What is this Promotion about?
We are inviting selected Standard and Premium customers of Revolut Technologies Singapore Pte. Ltd. to sign up to one of our paid personal subscription plans, namely the Premium Plan or the Metal Plan (“Paid Plans”) at a discounted fee for a period of time (“Discounted Fees Offer”). Selected customers will be able to access this Discounted Fees Offer by clicking through the relevant screens in the Promotion dashboard in their Revolut app.
These terms (the “Promotion Terms”) set out the rules that apply to the Discounted Fees Offer, and you must comply with these Promotion Terms and also the terms that apply to your Revolut account at all times when participating in the Discounted Fees Offer.
This Discounted Fees Offer will run for a period of time at Revolut’s discretion (the “Promotion Period”).
Who is eligible for the Discounted Fees Offer?
The Discounted Fees Offer will be available to selected Revolut Technologies Singapore Pte. Ltd. customers who have passed our Know Your Customer requirements and are in the process of being onboarded or have been successfully onboarded as Revolut Standard or Premium plan customers. Customers will be selected on a randomised basis and the selected customers will be shown the Discounted Fees Offer dashboard in their Revolut app. If you do not see this dashboard in your app, you are not eligible.
How do I start my Discounted Fees Offer?
Starting your Discounted Fees Offer is easy. As long as you’ve been selected and are able to see the Discounted Fees Offer Promotion dashboard in your Revolut app, all you need to do is sign up to a Paid Plan (to which the Discounted Fees Offer applies) during the Promotion Period and meet the requirements set out in these terms and conditions.
The terms and conditions for your selected Paid Plan (see Paid Plan Terms) will apply to you during your Discounted Fees Offer. We will charge you the discounted fee for the period of time included in your Discounted Fees Offer. We’ll tell you in the Discounted Fees Offer Promotion dashboard how long you’ll receive your selected Paid Plan at a discounted fee, whether it’s for a month or shorter or longer than that so you’re aware before you sign up.
After your Discounted Fees Offer ends, by default you will remain on your selected Paid Plan unless you tell us otherwise, and normal cancellation and billing rules will apply (see Paid Plan Terms). Our Paid Plans have a 12 month term whether you choose to pay monthly or pay annually, and your Discounted Fees Offer period will count towards the 12 month term. Both during the Discounted Fees Offer and after the Discounted Fees Offer ends, we will take payments for your selected Paid Plan either monthly or yearly depending on what you agreed to when you signed up for the Paid Plan.
You cannot ask us to invite you to the Discounted Fees Offer if you weren’t selected or ask us to extend it if you miss it.
Fees for ending or downgrading your Paid Plan subscription
You can end your Premium or Metal subscription at any time (we call this a “downgrade”). However, you may have to pay a fee. In order to check the start date of your subscription and to check how you can downgrade, please go to the ‘Profile’ section on the Revolut app and check your ‘Price Plan’. Once you downgrade, you'll become a Standard or Premium user again.
The fees for ending or downgrading your subscription are set out below.
If you order a card during your Discounted Fees Offer period and then cancel your Paid Plan before the end or at the end of your Discounted Fees Offer period, you will have to pay us back for the card. This is to cover our costs. For this reason, it might make sense to hold off on ordering the card until you decide if you want to keep the plan.
If your Discounted Fees Offer period lasts for less than 14 calendar days (including weekdays and weekend days), then you’ll have 14 calendar days from the day your Discounted Fees Offer period starts to cancel your subscription (we call this the “cooling off period”) but after that point, normal cancellation rules will apply. If your Discounted Fees Offer period lasts for more than 14 days, then you have the right to cancel your selected subscription within the Discounted Fees Offer period (the “cooling off period”) but after the Discounted Fees Offer period ends, normal cancellation rules will apply.
Ordering a Metal card
If you cancel your new subscription within the cooling off period but have ordered a Metal card you’ll have to pay us for the Metal card itself and for the card delivery fee. You may also have to pay a card delivery fee if you ordered a second card or additional Revolut cards and you decide to cancel your subscription within your cooling off period. Please refer to the Metal fees page to see the cost of the Metal card in your market, and fees associated with card delivery.
Ordering a Premium card
If you cancel your new subscription within the cooling off period but have ordered a Premium or Standard card, you’ll also have to pay us back for the card delivery fee. You may also have to pay a card delivery fee if you ordered a second card or additional Revolut cards and you decide to cancel your subscription within your cooling off period. Please refer to the Premium fees page to see the fees associated with card delivery.
What other legal information should I know?
- The Discounted Fees Offer is governed by these terms and conditions. We can cancel the Discounted Fees Offer, or change these terms and conditions, at any time without notice to you.
- The Discounted Fees Offer is for selected Revolut Technologies Singapore Pte. Ltd. customers only. You must be able to see the Discounted Fees Offer dashboard in your Revolut app to be eligible. If you cannot see this dashboard in your app, you are not eligible.
- We will select Revolut Technologies Singapore Pte. Ltd. customers who have passed Know Your Customer requirements and who are in the process of being onboarded as Revolut customers who we think may be interested in trying out one of our Paid Plans. We will process your personal data in line with our Privacy Policy. We will invite selected customers to take part in a Discounted Fees Offer in the Revolut app.
- If we have reasonable grounds to believe that you have engaged in any fraud or material abuse of the Discounted Fees Offer (such as for example attempting to obtain an unfair advantage through deception) we may in our sole and absolute discretion take any actions we see fit in the circumstances.
- 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.