1. Introduction
2. Qualification
3. Financial reward
4. Agreements
5. Restrictions
6. Miscellaneous

1. Introduction
   1. These Terms and Conditions are active and, subject to clauses 1.2 and 2.2, remain in effect from 18:00 on the 16th of February 2022 until 23:59 on the 3rd of May 2022; the duration of the ‘New Customer 2022 Cashback Offer’.
   2. Any changes to the terms of the ‘New Customer 2022 Cashback Offer’ will be communicated via e-mail. This includes adjustments to the conditions and/or closure or suspension of the ‘New Customer 2022 Cashback Offer’. easyMoney may withdraw the ‘New Customer 2022 Cashback Offer’ at any time or determine that the offer shall terminate on a different date than 3rd May 2022, subject to the provision of such notice.
   3. The Terms of the ‘New Customer 2022 Cashback Offer’ should be read in conjunction with the easyMoney Lender Terms and Conditions and the easyMoney IFISA Terms and Conditions available at www.easymoney.com. A copy of the Terms and Conditions may also be requested in writing at easyMoney, 158-164 Fulham Road, London, SW10 9PR.
2. Qualification
   1. The ‘New Customer 2022 Cashback Offer’ is available for participants who:
      1. open and/or invest £1,000.00 or more in an IFISA or Regular account with us for the first time , and subsequently maintain the minimum qualifying balance for a minimum of 12 months, pursuant to the Lender Terms and Conditions and IFISA Terms and Conditions; or
      2. transfer an existing ISA with a value of £1,000 or more to us from another provider to open an IFISA account with us for the first time.
   2. The qualifying customer must either:
      1. invest before 23:59 on 3rd May 2022 (or such other date as easyMoney may specify in accordance with clause 1.2. from time to time) and remain invested in an easyMoney lending product (including cash balances held by us pending investment, or re-investment in the lending product), or be available for investment, for a duration of no less than 12 months; or
      2. have an ISA transfer in request received and accepted by easyMoney before 23:59 on 3rd May 2022 (or such other date as easyMoney may specify in accordance with clause 1.2. from time to time), the proceeds of which must remain invested in the easyMoney IFISA, or be available for investment, for a duration of no less than 12 months from receipt of the transfer proceeds.
   3. The minimum qualifying investment amount is £1,000.00. This minimum balance must be maintained for an uninterrupted 12 month period in order for the participant to be eligible to receive cashback.
   4. The qualifying balance refers to the first capital deposit received into a customer’s easyMoney Regular or IFISA deposit which is subsequently invested into one of easyMoney’s investment products.
   5. If the account is closed, or the balance falls below £1,000, then the reward under clause 3 will not be payable.
   6. The qualifying balance for the Cashback offer (provided in the appendix) refers to the first capital deposited to the easyMoney account and invested in one the lending products between February 15th 2022 and 3rd May 2022 and/or the subsequent proceeds received from an ISA transfer in request made during that period. If withdrawals are made that bring the balance of the account below the initial qualifying criteria explained in clauses 2.1-2.10, then the offer will cease and not be payable.
   7. Customers wishing to invest in an easyMoney IFISA may choose to invest money as a new ISA subscription or transfer an existing ISA from another provider. It is the customer’s responsibility to ensure they do not breach the ‘one ISA per type per year’ rule.
   8. In conjunction with the easyMoney IFISA Terms and Conditions, customers must declare their eligibility for an IFISA as part of the IFISA application process and in accordance with HMRC regulations
   9. Failure to meet the minimum criteria for this promotion will invalidate the 'New Customer 2022 Cashback Offer' for the relevant participant.
   10. If an investment is not eligible for cashback, easyMoney shall not be required to identify the ineligibility by any given time in order to legitimately decline to make the cashback payment or to clawback or set-off any payment it made at a time when it had not identified the ineligibility.
   11. Each customer may only receive one cashback reward. If a participant makes multiple contributions into their easyMoney account(s) during the period the ‘New Customer 2022 Cashback Offer’ is available, only the first investment will be eligible for a cashback reward. If a participant makes more than one contribution on the day they make their first investment, all contributions made on that day will be treated as comprising one investment. If a participant opens and funds both a Regular Account and an IFISA Account investment on the same day in accordance with clause 2.2, both investments will be eligible for the cashback reward (subject to meeting the other qualifying criteria in this clause 2). Where you apply to open and account and invest a specified amount, but the payment reaches us on different dates for reasons outside your control (such as your bank having payment limits or ISA transfers being made from different providers) we will treat this as a single investment for the purposes of calculating the cashback amount. Subsequent investments which are not eligible for the cashback offer will count towards the minimum balance required for the cashback offer. If, for example, you invest or effect an ISA transfer for £2,500 before 3rd May 2022 and increase this to £5,000 on a subsequent date, the subsequent payment would not benefit from this offer, so you would only be entitled to cashback on the first £2,500 under this offer. However, if you then withdrew £3,000 from your account (leaving a balance of £4,500), you would still qualify for cashback on the whole £2,500.
   12. If the level of your investment drops due solely to poor loan performance, you will still be entitled to the relevant cash reward based on the amount you invested.
3. Financial reward
   1. If the conditions laid out in section 2 have been met then a cash reward of 0.5% of the value of the first investment received by the customer will be awarded 12 months after the deposit is received.
   2. It is the responsibility of the customer to ensure the conditions are met for a payment to be made (including the requirement to hold a minimum balance that is invested, or available for investment, for a period of at least 12 months).
   3. The reward will be credited to the customer’s Regular Account, assigned when opening an easyMoney account. If the customer decides to transfer the cashback value to their IFISA then this will count towards their ISA allowance for the year.
   4. Customers who choose to transfer in an existing ISA from another provider should note that the cashback reward will be credited to the Regular account. If this is subsequently transferred to the IFISA this will also count towards their ISA allowance for the year.
   5. easyMoney is not responsible for the payment of any tax or deductions as a result of the ‘New Customer 2022 Cashback Offer’ reward. This remains the responsibility of the customer.
   6. No alternative reward will be granted other than the cashback payment to the customer's Regular Account.
   7. The maximum reward payable is £400.00 per customer.
4. Agreements
   1. The customer agrees that the ‘New Customer 2022 Cashback Offer’ reward is a promotional offer and should be regarded as a reward, it will not be classed as an interest payment or any other type of income. Should the cashback offer be subsequently invested it remains the responsibility of the customer to assess their own tax liabilities.
   2. The customer agrees that easyMoney is not responsible or liable for any loss that the customer could incur in connection with the ‘New Customer 2022 Cashback Offer’. It is the customer’s responsibility to ensure they maintain qualifying status throughout the promotion.
5. Restrictions
   1. easyMoney assesses the eligibility of all customers pursuant to the Lender Terms and Conditions and shall not be required to accept a customer as a lender at its discretion.
   2. easyMoney shall not be held responsible for any kind of corruption of data or hardware that occurs as a result of participation in this promotion.
   3. The customer must reimburse easyMoney for any reward payment if it is subsequently discovered that any of the criteria laid out in section 2 has been breached. easyMoney may sell any P2P loans it administers for the customer and offset any sums held for the customer against sums owed to it pursuant to this clause.
   4. easyMoney reserves the right to amend or withdraw the ‘New Customer 2022 Cashback Offer’ at any time without notice, provided that such withdrawal or amendment shall not affect customers who have completed the lifecycle of the promotion.
   5. The ‘New Customer 2022 Cashback Offer’ cannot be used in conjunction with any other cashback promotion offered by easyMoney during the lifetime of this offer.
6. Miscellaneous
   1. These Terms and Conditions are governed in accordance with English law and any dispute arising under it shall be subject to the exclusive jurisdiction of the courts of England and Wales.
   2. This offer is promoted by e-Money Capital Ltd (trading as easyMoney) at the registered address of 5 Fleet Place, London, EC4M 7RD.

Appendix

The following table provides an example of the cashback which can be earned on various investment amounts provided the minimum balance required is maintained for the duration of the promotion.

Smallest Investment Amount over the whole 12 month period Cashback £999.99 (below minimum investment amount) £0 £1,000 £5 £10,000 £50 £20,000 £100 £40,000 £200 £80,000 or more £400