Revolut Affiliate Programme Terms and Conditions – Retail – CPA
These terms (the “Terms”) set out the terms and conditions of your participation in the Revolut Affiliate Programme. This is a
binding legal agreement between you (the “Affiliate” or “You” or “Your” as the context may require) and Revolut Ltd, a company
incorporated in England and Wales with company number 08804411 and whose registered office is at 7 Westferry Circus, Canary
Wharf, London E14 4HD, United Kingdom on behalf of itself and its affiliates (“Revolut”, “We”, “Our” or “Us” as the context
may require).
1. Application. To become a Revolut Affiliate for Retail and take part in the Programme, You must first complete an application.
When You apply, you will receive a commercial fee schedule (the “Commercial Terms”), which shall form part of these
Terms.
2. Referrals. We will provide You with a unique trackable hyperlink (“Referral Link”) which Your potential Referrals can click
through to the Revolut website and apply to open a Revolut account in accordance with Clause 4 below (a “Referral”). You
hereby represent and warrant that for any legal or natural person who has clicked the Referral Link: (i) You have the right to
make the Referral; and (ii) the potential Referral is not located in a country that is not one of the Promoting Countries. You may
earn a Fee for each Referral as set out in the Commercial Terms and in accordance with Clauses 3 and 4 of these Terms.
3. Fees. You will earn a Fee set out in the Commercial Terms for each Referral if each of the conditions set out in Clause 4 of
these Terms are met. For the avoidance of doubt, the Fee includes all applicable taxes.
Tracking of Referrals and Calculation of Fees
We use our own and third party data platforms to track Your Referrals and calculate any Fee payable under these Terms. Upon
request we can provide You with the quarterly statements summarising Your Referrals and Fees. You agree that Our record of
Referrals shall be deemed accurate, unless proven otherwise. While We use reasonable endeavors to ensure comprehensive
tracking of Referrals, in rare cases your Referrals may be tracked inaccurately. If You believe Your Referral has been tracked
inaccurately, You must notify us within one month of receiving the respective quarterly statement and present evidence proving
that the record of Referrals is inaccurate. We will examine Your claim within thirty (30) business days, and if we accept your
claim is justified, the respective Fees will be paid to you together with the next payment to be made to You in accordance with
the “payout scheduling” section in the Commercial Terms. We have no obligation to pay you any Fees in respect of Referrals
that you claim are inaccurate if you fail to notify Us and present evidence within one month of receiving the respective
quarterly statement. You agree that Our calculation of the Fee payable to You under these Terms is final and that we have no
obligation to provide you with any evidence as to how we have calculated the Fees for any Referral.
Payment of Fees
Revolut will pay eligible Fees in accordance with the “payout scheduling” section in the Commercial Terms. We will use the
Revolut interbank exchange rate for exchange required in accordance with the “currency” section of the Commercial Terms.
4. Conditions to earn a Fee. The Fee shall be payable in respect of any Referral if each of the following conditions are met:
a. The Referral has (i) signed up for a Standard, Premium, Metal or Plus plan using Your Referral Link, (ii)
successfully completed and passed Revolut’s onboarding requirements, (iii) transferred funds into their Revolut
account, and (iv) completed a minimum of one transaction (funds transfer, ATM withdrawal, or currency exchange
operation);
b. The Referral has never been a Revolut customer before;
c. The Referral has not been referred previously;
d. The Referral has paid their monthly fee for the respective upgraded fee-paying plan and has held an upgraded plan
for longer than fourteen (14) days (if applicable);
e. The Referral has not breached any of Revolut’s terms and conditions;
f. The Referral applies in one of the Promoting Countries;
g. You have not breached any of the requirements set out in these Terms (including all the Addendums and / or
Schedules annexed hereto which form part of these Terms).
5. Your obligations. You must comply with:
(a) these Terms, any Annexes or Schedules of these Terms, including the Standards of Conduct (the “Standards of
Conduct” annexed as Schedule 1);
(a) all applicable laws, codes, regulations, rules, prevailing codes of practices, procedures, advertising standards; and
(b) any industry guidance issued by government agencies, self-regulatory bodies, advertising standard authorities and
trade associations including requirements covering anti-money laundering, ‘know your customers’ requirements, consumer
protection, data protection, deposit taking, e-money, payment services and advertising or promotional activity, that relate
to: (i) Your role as an Affiliate under these Terms, (ii) the referral of potential customers for the use of Our Services and
(iii) financial promotions.
If you breach any of Your obligations under these Terms, We shall have no obligation to pay You any Fee for any Referral
(whether such Referral was made before or after the date of such breach).
You agree that you shall not use performance marketing (such as Facebook Ads, Google Ads etc.) unless otherwise agreed
in writing with Revolut and only under the conditions expressly agreed between You and Revolut. We may revoke such
permission at any time by notice to You.
6. Term and Termination. These Terms commence on the date they are accepted (via click-and-accept) by You.
Term. Subject to any earlier termination in accordance with this Clause, these Terms shall be in full force until terminated in
accordance with its terms.
a. Termination for convenience. Either party may terminate these Terms for convenience on one (1) business day’s
written notice to the other party.
b. Termination for breach. We may terminate these Terms immediately upon notice if You breach any of these Terms.
After these Terms are terminated, We shall have no obligation to pay you the Fee for any Referral made under these Terms,
whether such Referral was made before or after the date of termination.
Upon expiration or earlier termination of these Terms both parties shall promptly (i) return all documents and tangible materials
and any copies containing, reflecting, incorporating or based on Confidential Information; (ii) permanently erase all
Confidential Information from its computer systems, except for copies that are maintained as archive copies on its disaster
recovery and/or information technology backup systems. Both parties shall destroy any such copies upon the normal expiration
of its backup files; and (iii) upon request from either party, certify in writing that is has complied with the requirements of this
section, provided that such archived copy will (i) eventually be erased or destroyed in the ordinary course of such party’s data
processing procedures and (ii) will remain fully subject to the obligations of confidentiality stated herein. Termination of these
Terms will not constitute a waiver of either Party’s rights or remedies under these Terms, at law, in equity or otherwise.
If these Terms are terminated, You shall, upon termination, cease using the Referral Link and Revolut brand, logo and other
Intellectual Property not later than within 1 business day.
This Clause and Clauses 8 (Confidentiality), 11 (Liability), 14 (Miscellaneous) and the Standards of Conduct shall survive
termination of these Terms.
7. Independent contractors. The relationship between the Parties shall at all times be that of independent contractors. No
employment, partnership or joint venture relationship is formed by these Terms. No Party shall have authority to legally bind
the other Party to any contract, understanding, act or deed in relation to Referrals or anyone else and no Party has been
appointed as, and is not, the other Party's agent for any purpose. Unless We agree in writing, You must not make any
representation or warranty, either expressed or implied, concerning Us, Our Services (being the business of providing app-based
banking alternatives), conditions of sales, terms of delivery or payment and prices. You agree that any invitation to Our
exclusive events in Your country and any assistance given to the growth, business development teams and managers do not
create an employment relationship between You and Us. You agree that these Terms are non-exclusive for Revolut and does not
restrict Us from entering into similar or different agreements with third parties. We make no representation that these Terms are
similar to or the same as the terms of any other agreements We have entered or may enter into with any third party.
8. Confidentiality. Any information provided by one Party to the other Party in connection with (and including) these Terms is
Confidential Information. Any Confidential Information remains the exclusive property of the Party owning it during and after
the Term. No Party shall use any other party’s Confidential Information for any purpose other than to perform its obligations
under these Terms. No Party can share Confidential Information to anyone without the other Party’s prior written consent.
Confidential Information excludes information that (a) was, is or becomes publicly available or available to the party on a
non-confidential basis (in each case, other than as a result of a breach of these Terms or any other obligation of confidentiality)
or (b) was available to the Party on a non-confidential basis before disclosure by the other Party. You shall not publicly
disclose, issue any press release, or make any other public statement, or otherwise communicate with the media, concerning
these Terms without Our prior written approval.
9. Intellectual Property. All intellectual property (including but not limited to patents, trade secrets, trade marks, service marks,
logos, trade names, copyright (including rights in computer software and databases), moral rights, design rights, business
names, domain names, know how, database rights, source codes, specifications, business methods, semiconductor rights and
topography rights) (“Intellectual Property Rights”), whether registered or unregistered and all rights or forms of protection of
a similar nature existing anywhere in the world shall remain the exclusive property of the party owning it.
You grant to Us a non-exclusive, royalty-free, sublicensable license for the Term to use Your logos, brand names and
trademarks for the performance of Our obligations under these Terms.
We grant to You a non-exclusive, royalty-free revocable license for the Term to use Our logos, brand names and trademarks for
the performance of Your obligations under these Terms.
Each party warrants to the other that it owns, or is licensed to use, all of the Intellectual Property Rights it requires to perform
its obligations under these Terms.
10. Force Majeure. Neither party will be in breach of these Terms for delay in performing or failure to perform its obligations
under these Terms if that delay or failure results from an event, cause or circumstance that is reasonably unforeseeable and
beyond its reasonable control, including acts of God, labour disputes or other industrial disturbances, earthquake, storms or
other elements of nature, blockages, embargoes, riots, acts or orders of government, acts of terrorism, or war, but not including
interruptions to internet, other communications or utilities (“Force Majeure”). The delayed or failing party will promptly
notify the other party in writing of the reasons for the delay or failure and likely duration thereof. If the Force Majeure lasts for
thirty (30) continuous days, then either party may terminate these Terms immediately on written notice to the other party.
11. Liability.
We will not be liable for any loss of profits, loss of business, dilution of goodwill, loss or corruption of data, or for any other
special, indirect or consequential loss, damages, or other costs. Our maximum aggregate liability under these Terms is limited to
the amount of Fees paid to You in the last three (3) months.
You will indemnify and hold Us harmless against any claims, expenses, costs or losses arising from or in connection with (i)
your acts, omissions, defaults, or other violation of these Terms, (ii) any third party claim that Your logos, brand names, name,
social media platform/s and trademarks or the use, reproduction or exploitation of the same (if in accordance with these Terms)
infringes a third party’s Intellectual Property Rights and (iii) misuse by You of Our Intellectual Property Rights. Nothing in
these Terms excludes any liability which cannot lawfully be excluded or limited.
12. Notices. Any notice given under these Terms must be in writing and (i) sent to You at Your email provided to Us in your
Application or (ii) sent to Revolut by email to legalnotices@revolut.com.
13. Variation. We may vary these Terms at any time by providing You with one (1) day prior written notice. You will be deemed to
have accepted any variation of these Terms made by us if you continue to make Referrals to Us. You may not vary these Terms
without Our prior written consent.
14. Miscellaneous. these Terms represents the entire agreement between You and Revolut and supersedes any previous related
discussions or agreements in relation to it subject-matter. You may not assign these Terms or assign or subcontract any of your
obligations to anyone else without Our prior written consent. We may assign our rights or obligations under these Terms at any
time. You agree that a delay in exercising, or a failure to exercise, any rights in these Terms does not operate as a waiver of
those rights. these Terms is between You and Us and no other person will have any rights to enforce these Terms. If any
provision of these Terms is invalid, illegal or unenforceable, then that provision will be severed, and the remainder of the
provisions will continue in full force and effect. If any disputes arise from these Terms, You and Revolut will attempt to resolve
them by negotiation between senior management for at least ten (10) business days before either of us can begin legal
proceedings. these Terms is governed by the laws of England and Wales and You agree to the exclusive jurisdiction of the
Courts of England and Wales to settle disputes.
Standards of Conduct
General
1. You must ensure that for any legal or natural person who has clicked the Referral Link, You have the right to make the
Referral.
2. You must disclose the Affiliate relationship between You and Us when promoting Our Services. You must ensure that no
conflict of interest exists between the Referral and You or to the best of Your knowledge between the Referral and Us.
3. You may only use the Revolut brand, logos, and other Intellectual Property Rights and advertising associated therewith in
compliance with these Terms. We may revoke Your license to use Our logos, brand names and trademarks at any time.
4. You agree that You will not disparage (i) Revolut or any of its officers, directors, or employees nor (ii) Revolut's Services,
by using any form of communication, social media or other platform or in any other manner for the duration of the Terms
and for a period of 3 years following the termination of these Terms.
Use of Social Platforms
5. If You use social platforms in order to promote Our Services under these Terms, You will only use the platforms approved
by Revolut in advance during the application process.
6. You can only use the Referral Link on your platform or other platform approved by Us in advance. You are solely
responsible for your platform, whether or not it has been approved by Us. You cannot use any other marketing materials,
promotions, content, or related display in connection with the Affiliate Programme other than materials provided by
Revolut without Our prior written consent.
7. Without prejudice to the other provisions in these Terms, if You use a social media or other platform (including but not
limited to: Facebook, Instagram, YouTube, Snapchat, TikTok or any blogging platforms) to advertise Revolut in connection
with the Revolut Affiliate Programme:
a. You must comply with the terms of the platform that you use to advertise Revolut.
b. You must disclose that You are a paid influencer or affiliate under the Revolut Affiliate Programme (the
“Disclosure”) in an obvious, upfront, prominent manner, such as with a hashtag (#ad or #advert or #advertisement),
so that anyone viewing your platform or page is aware that You are a paid influencer or Affiliate in this regard and it
is obviously identifiable that Your post is an advertisement of Revolut without the potential customer or viewer
having to click or otherwise interact with Your post or advertisement or search for the #ad within various hashtags
used.
c. In relation to any videos that You post to the platform, the Disclosure should be upfront and identifiable so that
anyone viewing the video on your platform or page is aware of the Disclosure. The Disclosure must be contained in
the video and not only in the description uploaded with the video. If You are using a live stream to advertise Revolut
in connection with the Revolut Affiliate Programme, You must periodically repeat the Disclosure.
d. The Disclosure must not use ambiguous phrases and must be specific to any endorsement that You make in relation to
Revolut, rather than a general disclosure that You are acting as an influencer (e.g. in your profile or bio). You must
ensure that anyone viewing Your content in connection with the Revolut Affiliate Programme has enough time to
notice and read the Disclosure. The Disclosure must be obviously identifiable across all potential devices that may be
used (including but not limited to mobile).
Prohibited Activities
8. You will not not engage in any fraudulent, unethical or unlawful activity, any activity which is not transparent to Revolut
and/or Referrals, or any activity that intentionally or unintentionally misuses or circumvents these Terms, the Services
and/or the payment terms herein (“Unethical Activities”). Examples of Unethical Activities include, but are not limited to:
a. use of inappropriate software (whether third party or otherwise) in order to create financial gain;
b. transmitting any data or materials which contain viruses, Trojan horses, worms, time-bombs, keystroke loggers,
spyware, adware or any other harmful Programme or similar computer code designed to adversely affect the operation
of any computer software or hardware;
c. generating artificial traffic to the Revolut App or website;
d. attempt to change, reverse engineer or create derivative works of the Revolut App or website;
e. bidding on legally-protected key terms within paid search, or any other third party advertising system based on
keywords, without Our prior approval (‘brand bidding’);
f. implementing links that are placed in such a way that is misleading to potential Referrals or where there is an
incentive to click on them without the Referral's full knowledge of the consequences of their actions. For example,
activating a cookie which may later mean that the potential Referral entitles you to receive a Fee not in good faith
(‘forced clicks’), or otherwise causing or enabling links which are not made in good faith;
g. mimicking the action of a Referral Link click which results in a cookie being stored on a potential Referral’s machine
which could later enable You to receive a Fee for that Referral not in good faith; or
h. promotion by unsolicited email (‘spam’);
i. promotion, distributing or otherwise publishing any content that includes and/or links to any content that is abusive,
libellous, pornographic, sexually explicit, violent, fraudulent, illegal, deceptive, misleading, harmful, obscene,
defamatory, unethical, infringing, violative of any third party right, or otherwise violates the terms of the agreement or
any law.
9. You will also not display or transmit any material on Your platform, including the Referral Link, or any other media that:
a. is inappropriate, unethical, threatening, abusive or invasive of another’s privacy, or causes annoyance, inconvenience
or needless anxiety;
b. is likely to harass, upset, embarrass, alarm or annoy any other person;
c. impersonates any person, or misrepresents Your identity or affiliation with any person;
d. gives the impression that such material emanates from Revolut unless specifically given to you by Revolut for that
purpose; or
e. is detrimental to Our reputation.