Robo Advisor - Recurring Deposit 1% Match Promotion

What is this Promotion about?

As Part of the Recurring Deposit 1% Match Promotion (the “Promotion”), Revolut is offering new Revolut Robo Advisor product customers the opportunity to earn a 1% match on qualifying recurring deposit amounts to their Revolut Robo Advisor account (the “1% Match”).

These terms (the “Promotion Terms”) set out the rules that apply to the Promotion, and you must comply with these Promotion Terms and also the terms that apply to your Revolut account at all times when participating in this Promotion.

Eligible customers will be able to access the Promotion by following the steps detailed in marketing or communication (in-app or email) received directly from Revolut (collectively, the “Promotional Materials”), and following the steps detailed below.

Eligible customers will receive the Promotional Materials and must sign up for a Revolut Robo Advisor account and activate the Promotion no later than (7) days from the date on the Promotional Materials in orderto redeem the Promotion (the “Deadline”).

Eligible customers who sign up before the Deadline and take the steps required in the “How is the Promotion Activated?” section below can receive a 1% Match on subsequent qualifying total monthly Recurring Deposit amount made to their Robo Advisor account. The 1% Match is calculated based on the total monthly Recurring Deposit amount, for the three (3) months following activation of the Promotion (the “Match Period”).

For example, if the Promotion is activated and an Initial Deposit made in March, the qualifying customer is eligible to receive the 1% Match for subsequent qualifying monthly Recurring Deposit totals in the months of March, April, and May.

The 1% Match will be credited in USD to the eligible customer’s main Revolut account after the end of the Match Period. The total 1% Match amount is subject to the limits described below.

This Promotion is not available for Revolut Business accounts or Revolut <18 accounts and may not be combined with any other Promotions.

This Promotion may only be redeemed once per eligible Revolut customer, and only by those Revolut customers who are offered the Promotion within the Revolut mobile application.

Who is eligible for the Promotion?

The Promotion is open to select new or existing customers of Revolut Wealth Inc. who have met the following criteria:

Be 18 years or older and a resident of the United States (with a valid US residential address);
Be an existing customer of Revolut, meaning you have successfully onboarded to Revolut with your main Revolut account in good standing, meaning it is fully active and is not suspended, closed, or restricted; and,
Receive Promotional Materials from Revolut inviting you to participate in the Promotion; and,
Become a new customer of Revolut Wealth Inc by opening a Robo Advisor account.

How is the Promotion Activated?

You will need to complete the following steps to activate the Promotion:

Follow the steps displayed within the Promotional Materials to open a Robo Advisor account;
Make an initial deposit to your Robo Advisor account (the “Initial Deposit”);
Set up recurring deposits to your Robo Advisor account (the “Recurring Deposits”); and
Allow Recurring Deposits to continue throughout the 3-month Match Period.

Customers who complete the steps above before the Deadline will receive a 1% Match on the total qualifying monthly Recurring Deposit amount, credited directly to their main Revolut account after the Match Period has ended.

Remember: you have seven (7) days from the date on the Promotional Materials to complete the steps above in order to redeem this Promotion!

Recurring Deposits can be set up at any cadence available on the app: meaning that daily, weekly, and monthly Recurring Deposits are all eligible for this Promotion. The 1% Match is calculated based on the total cumulative dollar amount of Recurring Deposits made during each month of the Match Period, subject to the limits below.

1% Match Amount and Limits:

The 1% Match is limited by the Initial Deposit amount. The Initial Deposit does not generate a 1% Match, but sets the limit for the maximum 1% Match that may be earned under this Promotion.

For example, if your initial Deposit is $1,000, the maximum eligible 1% Match amounts for recurring deposits will be $10 per Recurring Deposit of $1,000 or more.

If your monthly Recurring Deposit total is more than the Initial Deposit, you will only receive the 1% Match on the value Initial Deposit amount.

If your monthly Recurring Deposit total less than the Initial Deposit, the 1% March will be calculated as 1% of that lesser monthly Recurring Deposit amount.

The total 1% Match amount earned under this Promotion may not exceed $100. This means that an initial deposit of $3,333, with a monthly Recurring Deposit total in excess of $3,333 per month during the Match Period will not earn any additional 1% Match.

What terms apply to my Revolut Robo Advisor account?

Your participation in the Revolut’s prepaid card program is subject to the Revolut Cardholder Terms. The Robo Advisory Agreement and the Robo Advisor Terms and Conditions also apply to you during the Promotion and through any use of the Robo Advisor product.

When do I receive my 1% Match?

The 1% Match for the total monthly Recurring Deposits will be calculated and credited to your main Revolut account within thirty (30) days from the end of the Match Period. The 1% Match will not be added to your Robo Advisor account, it will be credited to your main Revolut account balance.

If you believe that you are owed a 1% Match that you have not received, please reach out to us via in-app chat and we will perform an investigation promptly. If it is determined that any 1% Match is owed to you, we will credit any amounts due to your main Revolut account as soon as possible.

If you cease to receive Recurring Deposits to your Robo Advisor account before the Match Period has ended, you will not be entitled to any additional 1% Match credits beyond those which you have already earned under the Promotion.

What other legal information should I know?

This Promotion is organized and offered by Revolut Wealth Inc.
We may suspend or end the Promotion earlier than the end date we’ve mentioned above if, in our reasonable opinion, the Promotion is being abused or may negatively affect Revolut’s goodwill or reputation. We may do this on an individual or Promotion-wide basis. 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 this early suspension or termination.
We agree to give you a 1% Match on qualifying Recurring Deposits during the Match Period. The 1% Match will cease after the Match Period has ended.
You cannot ask us to invite you to the Promotion if you weren’t selected or ask us to extend it if you miss it.
We can cancel this Promotion, or change these Promotion Terms at any time without notice.
We reserve the right to remove you from the Promotion, if you breach the terms that apply to your Revolut account, or if we become aware you were not compliant with these Promotion Terms.
Events beyond the control of Revolut may occur that render 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.
If you close your Revolut account or your account becomes suspended or restricted, the Promotion will be lost.
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.
Revolut 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 Revolut you may manage your marketing preferences in the Revolut mobile application. Revolut processes your personal data in compliance with our Privacy Policy.
These 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 terms shall apply and prevail and be conclusive and binding. The English version shall be used in any legal proceedings.
Revolut USA Prepaid Visa® and Prepaid Mastercard® are issued by Metropolitan Commercial Bank pursuant to a license from Visa U.S.A. Inc. for Visa cards, and Mastercard International for Mastercard cards, and may be used everywhere Visa or Mastercard are accepted. Banking services are provided by Metropolitan Commercial Bank, Member FDIC, and are subject to the terms of a Cardholder Agreement. “Metropolitan Commercial Bank” and “Metropolitan” are registered trademarks of Metropolitan Commercial Bank © 2014. Revolut Technologies Inc. is a technology services provider and administrator of the card program. Travel insurance on Revolut’s paid plans is provided by Chubb Group. Savings Vault services provided by Sutton Bank, Member FDIC. Securities products and services provided by Revolut Securities Inc., member FINRA/SIPC. Securities products are not insured by the FDIC or any federal government agency, are not bank deposits, are not obligations of or guaranteed by Metropolitan Commercial Bank and are subject to investment risks, including possible loss of the principal amount invested. The terms of this Promotion shall be governed by the Revolut Prepaid Visa and Prepaid Mastercard Cardholder Agreement, including the applicable law and Arbitration Provision.
Automated investing is provided by Revolut Wealth Inc., an SEC registered investment advisor. Information about operations, services, and fees is set forth in Revolut Wealth’s current Form ADV Part 2 (Brochure), a copy of which is available upon request and at IAPD - Investment Adviser Public Disclosure - Homepage.