What is this promotion about?
As part of the Revolut x La Velada 5 Promotion (the “Promotion”), Revolut is offering prospective Personal customers residing in Spain the opportunity to benefit from a special offer in collaboration with La Velada (the “Partner”): receive EUR 20 credited to their newly opened Revolut Personal account (the “New Customer Offer”).
These terms and conditions (the “Promotion Terms”) set out the rules that apply to this Promotion, and you must comply with these Promotion Terms and also the terms and conditions that apply to your new Revolut Personal account at all times when participating in this Promotion.
To take part in this Promotion, you must meet the eligibility criteria and complete the required steps set out in these Promotion Terms between 10 of March 2025 (00:00 UTC) and 26th of July 2025 (23:59 UTC). We call this the “Promotion Period”.
Who is eligible for this Promotion?
To be considered an “Eligible Participant” for this Promotion you must meet the following “Eligibility Criteria”:
- have a residential address in Spain;
- not have or have previously held a Revolut Personal account with any Revolut group entity; and
- be at least 18 years of age.
You must also complete the following “Required Steps” before the end of the Promotion Period:
- click on the Promotion unique link – this will be provided on [the three streams produced by La Velada V (the Partner), along with any other channels the Partner or Revolut choose to share them through. This may include, but is not limited to, emails, Twitch, push notifications, and social media];
- successfully open a Revolut Personal account for the first time through the Promotion unique link; and
- make a first genuine card transaction of at least EUR 20
You must use the Promotion unique link provided as part of this Promotion to sign up for a Revolut Personal account. If you sign up using the normal account opening process in our app, you will not be able to take part in this Promotion.
Your first card payment can be made using a physical or virtual Revolut card linked to your Revolut Personal account. It must be a genuine purchase (for example, transactions to payment service providers, other bank accounts and e-wallets will not be genuine).
How do I earn the New Customer Offer?
If you are an Eligible Participant, the Revolut group entity that provides you with your Personal account will credit the New Customer Offer to the main balance of your Revolut Personal account within [10] business days after you complete the Required Steps.
What other legal information should I know?This Promotion is organised and offered to you by Revolut Bank UAB, Sucursal en España, with tax ID W0250845E, duly registered with the Commercial Registry in Madrid under Volume 44863, Sheet 1, Section 8, Page M-789831 and with the Bank of Spain under number 1583. Its address is at Príncipe de Vergara 134, 4 planta, 28002, Madrid (Spain).
- We may change, 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.
- If we need to change, suspend or end the Promotion before the end of the Promotion Period, we will announce this in the same way the Promotion was announced and, where possible, we will try to give you notice through the app and/or email. Revolut will not be liable for any loss, whether directly or indirectly suffered, as a result of an event outside of its control which means we are unable to continue running the Promotion as planned. 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 early suspension or termination. Any changes to the Promotion Terms will not affect your rights, if you have already participated in the Promotion.
- Revolut needs to process your personal data to perform our obligations under these Promotion Terms. For more information about how we handle personal data, see our Customer Privacy Notice. La Velada V may also collect personal data about you in connection with this Promotion. See La Velada V's privacy notice for more details about how they will handle your personal data. La Velada V might also send any marketing content to you in compliance with applicable data privacy and direct electronic marketing laws. If you do not want to receive marketing from La Velada V you must manage your marketing preferences with La Velada V directly as this is outside of Revolut’s remit.
- Please note that any payment under this Promotion is subject to IRPF as income from movable capital subject to withholding tax (in accordance with the applicable legislation and without prejudice to the provisions of the provincial tax regimes). You, when receiving such payments, must declare a yield of movable capital in your savings taxable base determined by the full amount received, and you can deduct from the tax liability the withholding on account practiced. The total amount of the payment will be the amount communicated in the promotion invitation received in the app plus the amount of tax that we are obliged to withhold. A 19% income tax withholding is made on this amount, which results in the net amount paid.
- These Promotion Terms are published in Spanish. If they are translated into another language, the translation is for reference only and the Spanish language version of the Promotion Terms shall prevail.
- The Spanish law applies to these Promotion Terms and the Courts and tribunals of Spain have jurisdiction over any claim regarding them.