Tap – Monthly Salary Match Cash Draw – Terms and Conditions
As part of the Salary Match Monthly Cash Draw promotion (the “Promotion”), Tap is offering eligible customers the opportunity to enter a recurring monthly draw for a chance to win a cash prize equal to the amount of the qualifying Salary Deposit credited to their Tap EUR account during the relevant Monthly Cycle (the Prize), subject to the minimum and maximum limits set out below.
The goal of this Promotion is to reward customers who choose Tap as their primary account for their salary deposits.
This is a recurring monthly draw. Every calendar month during the Promotion Period (each a “Monthly Cycle”), one (1) winner will be selected to receive the Prize.
You will be automatically entered into the draw for a Monthly Cycle provided your qualifying Salary Deposit is credited to your Tap EUR account before midnight (UTC) on the last day of that month. On the first working day of the following month, Tap will review the previous month's activity to identify all eligible participants who met the Required Steps before the deadline, and randomly select one (1) winner.
To participate in this Promotion, you must meet the following “Eligibility Criteria”:
A “Salary Deposit” is an incoming EUR transfer from a non-Tap bank account not held in your name, originating from your employer, and clearly identified as a salary payment, credited to your Tap EUR account. The amount of the Salary Deposit for the purposes of this Promotion is the net amount actually received in your Tap EUR account, being the amount paid by your employer after any deductions or fees applied prior to receipt. Tap will not gross up or reconstruct any amount other than the sum credited to your Tap EUR account.
P2P transfers, manual top-ups, crypto deposits, transfers from other accounts held in your own name, and transfers received in any currency other than EUR do not qualify as Salary Deposits. Where more than one qualifying Salary Deposit is received in the same Monthly Cycle, their aggregate net EUR value will constitute the Salary Deposit for that Monthly Cycle.
The minimum qualifying Salary Deposit is €850 per Monthly Cycle. The maximum Prize payable is €10,000 per Monthly Cycle. Where the qualifying Salary Deposit exceeds €10,000, the participant remains eligible but the Prize will be capped at €10,000.
If you meet the Eligibility Criteria, you need to complete the following “Required Steps” in each Monthly Cycle in which you wish to be entered into the draw:
| Legal bit | Pieces |
|---|---|
| Promotion abuse or misuse | We may suspend, change, or end the promotion – for a specific participant or for everyone – if it's being abused, could harm Tap's goodwill or reputation, or reasonably unforeseeable circumstances that are outside of our control arise and make it impossible to continue the promotion. We will not be liable for any loss if we do so. If you have not taken part in this promotion, we may withdraw at any time 5 business days after these Terms were first published. Any issues? Contact Support in the Tap app. |
| Changes or early end | If the promotion changes or ends early, but has not been withdrawn, we will tell you this in the same way we invited you to the promotion (e.g. email, push notification, in-app). Where possible, we will give notice through the Tap app and/or email. Don't worry – if you've already taken part in the promotion, changes to the terms and conditions won't affect you unless reasonably unforeseeable circumstances outside of our control have made it impossible for us to run it. |
| Fraud or rule-breaking | If you breach the Tap Personal Terms, these terms and conditions, or participate in the promotion fraudulently, we may reverse any Prize credited to your account. By proceeding, you authorise in advance any such reversal. Attempts to inflate the Prize through artificial, split, or non-genuine salary payments will disqualify the participant. |
| Account closed or restricted | To receive the Prize, you must have an active Personal account (not closed, suspended, or restricted) throughout the Promotion Period and/or at the time you are due to receive the Prize. |
| Taxes | If you win a cash prize or receive any other benefit from this offer, it might be subject to income tax in your country of residence or where you are a tax resident. It is your responsibility to pay any tax that might apply. Tap is not responsible for your tax obligations related to this promotion. |
| Data & Privacy | We will process your personal data in line with the Customer Privacy Notice that applies to your Tap Personal account. |
| Exclusions | Employees, directors, agents, contractors and affiliates of Tap Global Group plc and its group entities are not eligible for this promotion. |
| Withdrawal right | You can withdraw from these Promotion Terms free of charge and without having to indicate any reason within the first 14 days of confirming participation by letting us know through the Tap app or by emailing us at support@withtap.com, provided that the Promotion is not yet fully executed or has not ended. |
| Language | The terms and conditions are published in English. English is the legally binding version. Any translated versions are provided for convenience only; in case of conflict, the English version prevails. |
| Complaints | Any concerns or complaints can be raised via the in-app chat, or by emailing complaints@withtap.com. For more information about how we handle complaints, see our Complaints Policy. |
| Organiser & governing law | This promotion is organised and offered by Tap Global Limited, a company incorporated in Gibraltar, licensed by the Gibraltar Financial Services Commission as a DLT provider (licence FSC1231B), with its registered office in Gibraltar. These Terms are governed by the laws of Gibraltar and the courts of Gibraltar have exclusive jurisdiction. |