GOODFOLIO Rewards Terms and Conditions
These terms and conditions (GOODFOLIO Rewards T&Cs) apply to the rewards program (GOODFOLIO Rewards) provided by GOODFOLIO Ltd (GOODFOLIO) from 14 July 2022 onwards. By participating in GOODFOLIO Rewards, you agree to be bound by these GOODFOLIO Rewards T&Cs, which are in addition to the GOODFOLIO Terms & Conditions.
2. First Funding Rewards
GOODFOLIO Rewards allows new GOODFOLIO users (Person) to earn a Reward by signing up to GOODFOLIO and funding their GOODFOLIO account (Funding Reward).
The Funding Reward is GBP£25 to be credited by GOODFOLIO to the Person’s GOODFOLIO account. The Funding Reward may change from time to time, as communicated by GOODFOLIO in any applicable promotional material.
3. Eligibility Criteria
In order to qualify for the Funding Reward program, you must meet all of the following criteria:
- Have created a registered GOODFOLIO account, including a verified email address, that has been approved for funding by GOODFOLIO within the effective dates (inclusive);
- Passed GOODFOLIO onboarding process and identity checks;
- Such account has not yet been funded; and
- Make a single Qualified Funding of your GOODFOLIO account of at least £25 GBP within 7 days (or another time limit set by GOODFOLIO) upon first viewing the Portfolio/Dashboard page on the GOODFOLIO Website.
For the avoidance of doubt, to qualify for the Funding Reward your first ever funding must be at least £25 GBP and it must remain on GOODFOLIO platform as cash or holdings for a minimum of 30 days.
4. Qualified Funding
If you meet the eligibility criteria for the Funding Rewards above, your reward will be automatically added to your GOODFOLIO account after 30 days.
you will be asked to claim your Reward after initiating your first funding through the GOODFOLIO Website through the GOODFOLIO platform.
Customers are not eligible to set up multiple accounts to claim Funding Rewards. Only one claim of a Funding Reward can be made per person.
The Funding Reward must be used on the GOODFOLIO platform before it can be withdrawn. If the Funding Reward remains unused after twenty four (24) months from the date it was claimed, the Funding Reward will be deemed to have been forfeited.
GOODFOLIO Rewards may not be earned by creating multiple GOODFOLIO Accounts.
If for any reason you believe that there is a discrepancy regarding your GOODFOLIO rewards, email firstname.lastname@example.org.
GOODFOLIO may require you to submit additional information in order to determine your eligibility. All decisions regarding your status will be final and at GOODFOLIO’s sole discretion.
You are responsible for any tax consequences, if any, that may result from your redemption or use of GOODFOLIO Rewards.
6. Implications of Owning Stock
Owning a share in a business comes with fluctuations in price. Share prices fluctuate daily and can be a volatile asset.
7. Tax Implications
You may be liable for capital gains tax on the entire value of the share when sold. This is dependent on your personal circumstance and you will need to seek advice from a tax professional.
8. No Affiliation
GOODFOLIO and its employees are not affiliated with any company or issuer whose stock may be part of GOODFOLIO Rewards and are not affiliated with any exchange that the stock may be listed or traded on.
If any provision in these terms are held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.
10. Termination and Changes
GOODFOLIO may suspend or terminate in whole or part the GOODFOLIO Rewards program or a user’s ability to participate in GOODFOLIO Rewards at any time for any reason.
We reserve the right to suspend accounts or remove Rewards if we notice any activity we believe is abusive, contrary to GOODFOLIO’s brand values, fraudulent or in violation of the GOODFOLIO Terms & Conditions. We reserve the right to review and investigate all referral activities and to suspend accounts or modify referrals in our sole discretion as deemed fair and appropriate.
In particular, GOODFOLIO reserves the right to not grant a Reward for the Referral Program and First Funding program where GOODFOLIO, in its reasonable opinion and sole discretion, believes an account was not established, or a funding was not made, for a proper purpose. A proper purpose includes an account being established with the intention to invest. A proper purpose does not include establishing an account with the sole aim to claim a Reward for the GOODFOLIO User or someone else.
The scope, variety and type of services and products that you may obtain by redeeming GOODFOLIO Rewards can change at any time.
11. Legal & Updates to the terms
These Rewards Terms & Conditions are governed by and construed in accordance with the laws of England and Wales.
We can update these Rewards T&Cs at any time without prior notice. If we modify these terms, we will post the modification on the GOODFOLIO website, which is effective upon posting. Continued participation in GOODFOLIO Rewards after any modification shall constitute consent to such modification.