These Terms and Conditions set out the basis upon which Global Alternatives Operations Limited (trading as Property Crowd) will offer a one-time £50 cashback bonus on bond investments made on or before 30 December 2019. Terminology used in these Terms and Conditions shall, where applicable, bear the meaning given to it in the Property Crowd Investor Terms and Conditions.
The cashback offer applies to any investor who becomes a fully onboarded member of Property Crowd via an application through http://www.propertycrowd.com/cashback (only) in accordance with the Property Crowd Investor Terms and Conditions and who makes an investment of at least 10 bonds available through the Property Crowd website on or before 30 December 2019.
Property Crowd will pay £50 cash into the new member’s Property Crowd Standard Account (non-ISA) within 30 days of the completion of their first investment of at least 10 bonds in accordance with clause 2 above.
The investor does not need to take any active steps in order to claim their payment on a qualifying transaction, but the following conditions must be met in order for the cashback payment in clause 3 to become due:
- the application and onboarding as a member must have been initiated via http://www.propertycrowd.com/cashback;
- the investment must be made subject to and in compliance with the Property Crowd Investor Terms and Conditions and the Property Crowd ISA Terms and Conditions; and
- the investor must have funded their account and subscribed for the bonds on or before 30 December 2019.
Property Crowd shall endeavour to credit the cashback payment to the new member’s Property Crowd Standard Account (non-ISA) within 30 days following the day the qualifying bond purchase is executed. The money from the cashback payment will not be eligible for inclusion within the investor’s ISA, although they may transfer it to their Property Crowd ISA Account to the extent that they have an un-used ISA allowance for the tax year in question.
This offer cannot be used in conjunction with any other Property Crowd offers or promotions. Property Crowd reserves all rights to withhold this offer from any new member to the extent it believes that there is any abuse of these terms or if it believes that the new member is not behaving in a bona fide manner for the purposes of making investments on the Property Crowd website.