1. How The Program Works

Vestd’s referral program will typically reward both the person who refers and the person referred.  These rewards will be distributed when the person referred signs up and becomes a paying customer.

2. Issuing Of Rewards And Offers

Our standard reward is £20 in Amazon vouchers for the person who refers, and a 20% discount for the first year for the individual who signs up to become a new customer on a plan that includes conditional equity.

3. Privacy

All personal information collected and processed as part of this Referral Program will be used in accordance with Vestd’s Privacy Policy, available at www.vestd.com. Under the applicable laws and regulations, Vestd shall be responsible for collecting and processing such personal information. Referral Factory, our referral provider, will also process your data, and their Privacy Policy is here.

4. General 

4.1. These Referral Terms are published by Vestd Ltd (“we”’, “us” and “our”). Our Referral Program as displayed on our Website www.vestd.com and these Terms form a binding agreement for both Referring Users (“you” or “your(s)”) and people who receive our referral invitation.

4.2. This Referral Program permits you to invite your contacts to participate in one or more Referral Program(s). 

4.3. You may only invite personal friends, family members, acquaintances and colleagues to this Referral Program.

5. Completed Referrals and Limit

5.1. A Completed Referral is when a Referring User refers this Program to one of its contacts. Subsequently, that contact will either sign-up, make a purchase or complete whatever action is determined as a referral above - which is not cancelled or disputed in accordance with clause 5.3. 

5.2. A limit to the number of referrals by Referring Users may apply. Or we may specify a maximum number of Completed Referrals who are eligible for the benefits of this Program.

5.3. All referred people must be new and first-time Users. Other than as a Referrer existing Users cannot participate in and benefit from the Referral Program.

5.4. You represent all personal information is 100% correct and up to date. We may monitor your use of the Referral Program or request your ID to verify your identity before issuing rewards. 

6. Restrictions

6.1. This Program cannot be combined with other Vestd’s referral programs, discounts, vouchers, benefits or incentives. By participating in this Referral Program, we may restrict you from any other promotion, program, discount, or vouchers.

6.2. You understand and agree that you must not use referral methods that are bothersome to the recipients. Moreover, your participation in the Referral Program must not violate the applicable law, including but not limited to anti-Spam legislation, which is mass distribution of unsolicited messages.

6.3. You must not publish our Referral Program on any sites or platforms that house any Adult Content, Alcohol, Tobacco, Gambling, Games and Online Casinos, Political Content, and any form of illegal activities. 

6.4. You must not at any time, invite or refer people who are unknown to you.

6.5. You must only use our Referral Program for personal use and refrain from its use for commercial purposes, unless you are a partner and are using the Referral program as part of our agreed business together.

7. Term and Termination

7.1. This Referral Program will run until the announced date and that date can be extended or restricted. We may also in our sole discretion notify Users that the Referral Program has ended with immediate effect.

7.2. Any referral made before the end of the Referral Program can still participate. However we may exclude referrals in our sole discretion made after its termination date. 

7.3. We may terminate this Referral Program at any time, including your participation or the availability of its benefits. 

8. Exclusive Relationship

8.1. You understand and agree that you are only the User of our services and/or products, and refrain from implying any other affiliation or legal relationship with us, unless you are a partner by prior written approval.

8.2. You understand and agree that you are never authorised to negotiate on behalf of or to legally bind our company.  

8.3. You must never create any materials that contain our branding, trademark, (part of) our corporate identity, unless with prior written approval.

8.4. By participating in the Referral Program you must not represent yourself in duplicate, agent or intermediary of our company, make or give any representations, warranties or other promises concerning our services.  The only exception is that if you are an approved partner of ours and are doing so with our prior written agreement.

9. Privacy and Information

9.1. You undertake to respect the privacy rights of the people you invite to our Referral Program and direct to our website. 

9.2. When referring other people, you must always inform them about the applicable terms and conditions and privacy policy. You must do so before they participate in the Referral Program, and leave their personal information.

10. Amendments 

We may amend the terms and conditions of our Referral Program. We may offer and/or restrict additional incentives, benefits and programs. As a result, additional terms may apply. You agree that you are aware of those amended and additional terms.

11. Violations and Termination

11.1. In case we suspect any violations of these terms or otherwise tampering with, fraud or unreasonable use of our Referral Program, we may in our sole discretion cancel the distribution of any discount, benefit or payout. 

11.2. If you are a current or former employee, contractor or affiliate of our company, we may restrict your participation in the Referral Program, and we may restrict or cancel your participation with immediate effect. 

11.3. You must comply with all applicable laws and regulations, and refrain from violating any third party rights. These rights include any copyright, trademark or other proprietary rights.

12. Disclaimer and Indemnification

12.1. We offer our Referral Program and its benefits only on an “as is” and “as available” basis. We may remove, change and update the Referral Program in our sole discretion. We will never make any promises or guarantees about the content and information of our Referral Program. We disclaim our responsibility for any information that is incorrect or has errors. 

12.2. Our Referral Program is based on our best efforts. You acknowledge and agree that we can never guarantee any benefit or result from participating in the Referral Program.

12.3. You will defend, indemnify and hold Vestd Ltd harmless from and against all claims, damages, liabilities, losses, expenses and costs (including reasonable attorneys fees) arising out of your participation in the Referral Program.

13. No Correspondence, Disputes And Refunds

With regards to the distribution of discounts, vouchers, incentives, prizes, awards or other benefits, no correspondence will be entered into. Moreover, we shall never respond to any complaint or accept any dispute about the Referral Program, and the abovementioned benefits. are provided “as is” and we never refund or exchange such benefits. 

14. Applicable Law

The laws of England and Wales shall apply to these Terms and Conditions and the Courts of England and Wales shall have exclusive jurisdiction to hear any claim that may arise out of these terms.