Frugl Referral Program
The Frugl Referral Program allows registered Frugl users having a valid and approved Frugl Savings Accounts (“You” or “Your”) to earn a monetary referral credit (a “Referral Credit”), which shall be credited to your savings account when you successfully refer a friend to the Frugl program (“Referred Friend”), in accordance with the terms and conditions set out below. All Referral Credits are paid by Frugl Inc.
By participating in the Frugl Referral Program or by sending a Referral Link (as defined below) to any person, you acknowledge and agree to be bound by these terms and conditions, which shall form part of your Frugl Program Terms and Conditions. Capitalized terms that are not defined here will have the same meaning as given to them in the Frugl Program Terms and Conditions.
How to Earn a Referral Credit
You can earn a Referral Credit in an amount as determined by Frugl from time to time, which amount will be credited to your Savings Account if:
(i) a Referred Friend clicks on a referral link provided by you (“Referral Link”) to create and open a validly approved Frugl Savings Account that complies with the Frugl Program Terms and Conditions;
(ii) the Referred Friend successfully funds his/her Savings Account with an Initial Deposit from his/her Funding Source; and
(iii) You have already funded your Frugl Savings Account with an Initial Deposit from your Funding Source.
Frugl will use reasonable efforts to credit the Referral Credit to your Savings Account at the time the next weekly Frugl transfer is successfully processed from your designated Funding Source. The maximum Referral Credits you can receive in aggregate is $5,000 USD.
Referred Friend Referral Credit
A Referred Friend that has opened an approved Frugl Savings Account using a valid Referral Link will receive a Referral Credit once he/she has successfully funded his/her Savings Account with an Initial Deposit from a Funding Source.
Frugl will use reasonable efforts to deposit the Referral Credit to the Savings Account of the Referred Friend at the time the next weekly Frugl transfer is successfully processed from the Referred Friend’s designated Funding Source.
Requirement of successful account funding
The Referral Credit may not be considered as a Frugl Account’s Initial Deposit. All Initial Deposits must originate from the user’s Funding Source.
Sharing Referral Links
Referral Links may only be used for personal and non-commercial purposes, and only shared with family and personal friends. Frugl reserves the right to refuse to pay any Referral Credit where the Referral Link was shared publicly or in any way not intended by Frugl.
Referral Credits may not be earned by creating multiple Frugl Accounts for the same person. Each Referred Friend must be (i) over 18 years old, (ii) a US resident, and (iii) residing in a state in which the Frugl program is offered and made available to users. If for any reason you believe that there is a discrepancy regarding your proper receipt of a Referral Credit,
please contact us. Frugl may require you to submit additional information in order to make a determination regarding your entitlement to a Referral Credit. All decisions regarding your Referral Credits will be final and at Frugl’s sole discretion. Each user is responsible for any tax consequences, if any, that may result from his/her receipt of a Referral Credit.
A Referred Friend may only use a single Referral Link. If a Referred Friend receives multiple Referral Links from multiple Frugl users, only the Frugl user corresponding having originated the relevant Referral Link used by the Referred Friend will receive a Referral Credit. This Referral program may not be combined with any other offers or promotional code.
If any provision in these terms and conditions 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.
Termination and Changes
Frugl may suspend or terminate the Referral Program or a user’s ability to participate in the Referral Program at any time for any reason. Frugl reserves the right to suspend accounts or reverse Referral Credits if we notice any activity that we believe is abusive, fraudulent, or in violation of the Frugl Program Terms and Conditions. We reserve the right to review and investigate all referral activities and to suspend accounts or modify the terms relating to referrals without notice at our sole discretion.
Updates to the Terms and condition of Referral Program
We can update or modify these terms and conditions applying to the Referral Program or the amount of any Referral Credit at any time without prior notice. If we modify these terms and conditions, we will post the modification on the getfrugl.com website, applications, or services, which are effective upon posting. Continued participation in the Referral Program after any modification shall constitute consent to such modification.