This Reap Cashback Offer (the "Promotion") is offered by Reap Technologies Limited, a company incorporated in Hong Kong with company registry number 2714427 ("Reap", "we", "us" or "our").
These terms and conditions (the "Promotion Terms") are issued under, and form part of, the Master Services Agreement between you and Reap (the "Agreement"), specifically as a supplement to the Reap Card terms set out in Addendum II of the Agreement. Capitalised terms used but not defined in these Promotion Terms have the meaning given in the Agreement. If there is any conflict between these Promotion Terms and the rest of the Agreement in relation to the Promotion, these Promotion Terms prevail to the extent of the inconsistency. Except as expressly varied by these Promotion Terms, all other provisions of the Agreement continue to apply to the Promotion, including its provisions on governing law and dispute resolution, notices, amendment, and limitation of liability. By taking part in the Promotion, you accept these Promotion Terms.
The Promotion runs from 31 July 2026 to 31 August 2026, both dates inclusive (the "Promotion Period"), based on Hong Kong time. Only Qualifying Spend (as defined below) charged to a Reap Card and recorded by us during the Promotion Period counts towards the Promotion.
The Promotion is open to Reap business customers who are notified by us that they are eligible and who, at the time we determine eligibility:
(a) hold a Reap Account and a Card Account that has been approved by Reap and is open and in good standing (that is, not suspended, closed, or subject to any default under the Agreement); and
(b) have not yet activated card spending, as determined by Reap.
Eligibility is limited to one participating business per Reap Account. Reap determines eligibility in its sole discretion, and its determination is final. Internal, test and staff accounts are not eligible.
Eligible customers can earn cashback equal to 5% of their Qualifying Spend during the Promotion Period, up to a maximum of USD 200 (or the equivalent in your Card Account's Settlement Currency) per business (the "Cashback"). The 5% rate applies to Qualifying Spend until the cap is reached. One Cashback award is available per business for the whole Promotion Period.
"Qualifying Spend" means card spending on advertising, software and cloud services charged to your Reap Card during the Promotion Period. Whether a transaction qualifies is determined by the merchant category recorded for that transaction at the time it is processed, not by the merchant's name. Examples of spending that may qualify include payments to advertising platforms, software subscriptions and cloud hosting services.
Reap determines which merchant categories qualify and may update the qualifying categories. Qualifying Spend is measured, and the Cashback cap is applied, in your Card Account's Settlement Currency. Where a transaction is made in a currency other than your Settlement Currency, it is converted in accordance with the exchange rate provisions of the Agreement.
The following shall not constitute Qualifying Spend:
(a) transfers, payments and any spending that is not card spending;
(b) card spending outside the qualifying categories;
(c) transactions that are refunded, reversed, disputed or charged back;
(d) transactions we reasonably consider to be fraudulent, abusive, or made to generate Cashback artificially, including transactions that are not genuine third-party business purchases; and
(e) fees, charges, interest and similar amounts.
At the end of each month during the Promotion Period, we total each eligible business's Qualifying Spend, apply the 5% rate, and apply the cap described in clause 3 (less any Cashback already awarded to that business).
Cashback is credited to your Reap account in the following month and applied against your account balance. Your account must be open and in good standing at the time the Cashback is due to be credited. If the account is closed, suspended or not in good standing at that time, the Cashback is not payable.
Cashback is not exchangeable for cash and is not transferable, except that it is applied against your account balance as described above.
If a transaction that earned Cashback is later refunded, reversed, disputed or charged back, we may deduct the corresponding Cashback from a future credit or from your account balance, in accordance with the set-off and deduction rights given to us under the Agreement. If we award Cashback in error or in breach of these Promotion Terms, we may reverse or reclaim it on the same basis.
We may amend, suspend, extend or withdraw the Promotion at any time. Any change to these Promotion Terms will be made in accordance with the amendment provisions of the Agreement. We will update or end the related advertising as soon as reasonably practicable if the Promotion changes or ends.
We may disqualify any customer from the Promotion, and withhold or reclaim Cashback, if we reasonably believe the customer has breached these Promotion Terms or the Agreement, abused the Promotion, or acted fraudulently or in bad faith, consistent with our rights under the default and termination provisions of the Agreement.
Any dispute, question or complaint relating Qualifying Spend, or the calculation, crediting or withholding of Cashback, will be determined by Reap in its sole and absolute discretion, and Reap's determination is final and binding.
You are responsible for any tax arising from the Cashback and for reporting it where required. Cashback is provided without any representation by Reap as to its tax treatment.
To the fullest extent permitted by law, and without limiting the liability provisions of the Agreement, Reap is not liable for any loss or damage arising from the Promotion, from any inability to take part, or from any suspension, change or withdrawal of the Promotion, except where such liability cannot be excluded under applicable law.
We handle personal data in connection with the Promotion in accordance with the Agreement, including the Reap Privacy Policy incorporated into it.
These Promotion Terms are written in English. If they are translated into any other language, the English version prevails.
