Paid Plan Fee Waiver Promotion

Paid Plan Fee Waiver Promotion

Welcome to the Paid Plan Fee Waiver Promotion (the "Promotion"), offered by Revolut Payments Australia Pty Ltd (ABN 21 634 823 180) (“Revolut”, “we”, “our” or “us”).

The terms and conditions (the "Promotion Terms") are set out below. These Promotion Terms must be read in conjunction with the offer communications provided by us to you (the "Promotion Offer"). Together, the Promotion Terms and the Promotion Offer govern the Promotion, in addition to the other terms and conditions that apply to you as a customer of Revolut, including the Personal Terms, Fees and Charges Section and the Paid Plan Terms.

Promotion Period

For Eligible Customers (defined below) the Promotion commences at the time the Promotion Offer is received and ends at 11:59pm UTC on the date set out in the Promotion Offer (the “Promotion Period”).

What is the Promotion?

The Promotion is an opportunity for Eligible Customers to sign up to a 12 month paid Personal subscription plan (Premium) (“Paid Plan”) and have their subscription fee waived for the first month (“Fee Waiver Period”).

Revolut subscription plans have a contractual term of 12 months. This means that you are signing up to a 12 month plan and that after the Fee Waiver Period ends, you will remain on the Revolut subscription plan you selected (payable monthly). Following the expiry of the Fee Waiver Period, you agree to pay the normal monthly subscription fee as set out in the following Subscription Fee Table.

Subscription Fee Table

Please refer to the Fees and Charges Section for more information on the limits, fees and charges associated with Revolut subscription plans.

Please refer to the section below "What happens if I cancel or downgrade my Paid Plan after claiming the Promotion?" for details of any applicable cancellation costs that may apply

Who is eligible to participate in this Promotion?

In order to participate in the Promotion you must be an Eligible Customer.

An “Eligible Customer” is defined as a customer that has, during the Promotion Period:

• personally received the Promotion Offer from Revolut inviting you to participate in the Promotion (for example, through an email or push notification in the Revolut App); and
• an active Revolut Standard Plan (not suspended or restricted); and
• upgrades to a Revolut Paid Plan using the Promotion Offer which is visible to them within the Revolut app.

How do I claim under this Promotion?

Eligible Customers will need to follow the steps provided in the Promotion Offer.

What happens if I cancel or downgrade my Paid Plan after claiming the Promotion?

If you cancel or downgrade to a lower-tier plan after claiming the Promotion, the fees set out in the Cancellation Costs Table below will apply.

Important Note on Card Fees

If you order a Revolut Card that is typically included within the Premium Plan (an "Applicable Card") during your Promotion Period, and subsequently cancel or downgrade before the Promotion Period ends, a Card fee will apply to each card.

Applicable Cards include:

• Your first or second standard Revolut Card;
• Your first or second Revolut – Kids & Teens Card; or
• Your first Joint Account Card.

For this reason, we recommend only ordering a Revolut Card after you decide to keep the plan for the full 12 month term.

Cancellation Costs Table

*Please see the Paid Plan Terms for more information on notice periods. During a notice period you will continue to receive the benefits of your subscription.

What else should I know?

Revolut reserves the right to change, modify and/or supplement these Terms from time to time if necessary to protect our legitimate interests. If we exercise this right in a way that is detrimental to you in your capacity as an Eligible Customer, we will provide you with: a) reasonable notice where possible; and b) if applicable, the opportunity to close or downgrade your Revolut account at no cost. Please contact Customer 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.

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.

In the event of any inconsistency between the Promotion Offer and these Promotion Terms, these Promotion Terms will prevail.

Any disputes arising out of or in connection with these terms can be dealt with by the Courts of the State of Victoria.