nsave Rewards Program Terms and Conditions
Effective Date: Nov 18th, 2025
1. Introduction
The nsave Rewards Program (the "Program") is a voluntary loyalty program offered by nsave Ltd. ("nsave," "we," "us," or "our") to eligible nsave account holders. The Program provides active users with a promotional reward calculated based on their qualifying USD balance. These Terms and Conditions govern your participation in the Program. Your participation signifies your acceptance of these terms.
2. Nature of the Rewards Program
- 2.1 Loyalty Benefit Only: The nsave Rewards Program is a promotional loyalty incentive and a thank you to our active users. It is not an investment, savings product, deposit account, or a guarantee of future returns.
- 2.2 Out-of-Pocket Payout: The rewards distributed under this Program are funded directly by nsave's own resources. They do not represent interest earned on your account balance, nor are they a return on any investment vehicle.
- 2.3 No Financial Product: This Program does not constitute an offer, solicitation, or recommendation to buy or sell any security, financial instrument, or investment product. Your participation in the Program is not tied to any underlying investment or trading activity.
3. Eligibility and Enrollment
- 3.1 Eligibility: The Program is available only to nsave account holders who meet specific internal criteria, which may include, but are not limited to, being designated as an "active nsave user" by us.
- 3.2 Enrollment: Eligible users will be automatically enrolled or can opt-in to the Program via the nsave application or web platform. Enrollment may be revoked by nsave at any time without prior notice.
4. Reward Calculation and Distribution
- 4.1 Calculation Basis: Rewards are calculated based on a qualifying USD balance maintained in your nsave account, up to a maximum of 100,000$ USD (the "Balance Cap"). Any balance exceeding the Balance Cap will not be considered for reward calculation. The specific reward rate (e.g., "up to 5% annually") is a promotional rate determined solely by nsave and may be subject to change at any time without prior notice.
- 4.2 Reward Rate: The advertised annual percentage rate (e.g., up to 5%) is a reference rate for calculation purposes. The actual rate applied may vary based on your user status or other factors determined by nsave.
- 4.3 Distribution Schedule: Rewards are typically calculated daily based on your minimum daily qualifying balance and are distributed at regular intervals (e.g., daily). All reward calculations will be rounded down to the nearest whole cent; no fractions of cents will be paid or accrued. nsave reserves the right to change the calculation method, frequency, or timing of the reward distribution at its sole discretion.
- 4.4 No Guaranteed Rate: The reward rate is variable and is not guaranteed. nsave may increase, decrease, or terminate the reward rate or the entire Program at any time.
5. Fund Liquidity and Security
- 5.1 Fund Status: Your USD balance remains fully liquid and accessible for international payments and other permitted transactions at all times.
- 5.2 Fund Security: Your funds remain available in accordance with our standard Terms of Service. Participation in the Program does not impact the security or accessibility of your underlying balance.
6. Program Control and Termination
- 6.1 Opt-Out: You may choose to enable or disable (opt-out of) the nsave Rewards Program at any time through your account settings. Reward calculations will cease following your opt-out.
- 6.2 Termination by nsave: nsave reserves the right to suspend or terminate the Program, or your eligibility within the Program, at any time, for any reason, without notice.
7. Tax Responsibility
You are solely responsible for determining and paying any and all taxes that may apply to the rewards you receive under this Program. nsave does not provide tax advice.
8. Amendments
nsave reserves the right to modify these Terms and Conditions at any time. We will notify users of material changes via email or through the nsave platform. Your continued participation in the Program after any changes constitutes acceptance of the new terms.
