Kestrl Referral Scheme: Terms & Conditions

How our referral scheme works

Kez avatar
Written by Kez
Updated over a week ago

Please read these Terms and Conditions before you participate in the Kestrl Refer & Earn scheme, as these will apply. If you do not agree with these Terms and Conditions, you must not participate in the Kestrl Refer & Earn scheme. By participating you accept the above terms.

The Refer & Earn scheme enables Kestrl users to earn £5 for each new customer that signs up to the Kestrl app through the Kestrl user’s unique referral link.

  1. The promoter

    The promoter of the Kestrl Refer & Earn scheme is Kestrl Limited (“Kestrl”), whose registered office is City Point, 1 Ropemaker Street, London, England, EC2Y 9HT.

  2. Eligibility

    • To be eligible to participate in this Scheme, you must qualify as a “Referrer” as defined. A Referrer is a Kestrl customer who is based in the UK and has successfully registered for the Kestrl App and passed any Know Your Client (KYC) checks that may be applicable.

    • You are eligible to claim £5 (the “reward”) for each Successful Referral you make.

    • A referral will be a “Successful Referral” where a new customer clicks on your unique referral link and creates a Kestrl account.

    • A “New Customer” is a customer that is not currently a customer of Kestrl, and joined Kestrl from the 14th of June onwards.

  3. Referral scheme timeline

    • Kestrl reserves the right to close the Refer & Earn scheme at any time at its discretion and will notify users once the Refer & Earn Scheme closes.

  4. Successful referrals

    For your referral to be a Successful Referral the following conditions must be met:

    • You and the person you have referred must be residents in the UK.

    • You must be aged 18 or over.

    • You must have been invited to participate in the Kestrl Refer & Earn scheme and received a unique referral link.

    • You must invite a friend via their unique invite code.

    Your referral must have downloaded Kestrl using your unique Kestrl referral link on their mobile phone, registered their details successfully and connected at least one bank account.

  5. Multiple entries

    Each New Customer will count as one entry for the referrer. Any subsequent attempts to register the same person using alternative information will result in disqualification from the competition.

  6. Earnings

    Earnings from the Refer & Earn scheme are as stated in the 'Refer & Earn' section of the Kestrl app within the ‘Earnings’ section.

  7. Delivery of prizes

    • The total sum of the Referrer’s earnings will be processed at the end of each month and paid within 30 days thereafter.

    • The referrer shall connect one, or more than one bank account to the Kestrl app. The Referrer will then select one of these bank accounts in the ‘Transfer to’ section of the ‘Refer & Earn’ section of the Kestrl app. Kestrl will transfer the referrer’s earnings into this bank account.

  8. If a referral is fraudulent (e.g. obtained by creating a fake account, using an alias and/or creating more than one Kestrl account), Kestrl reserves the right to not pay out the referral earnings. It may also result in termination from the scheme and from use of the Kestrl app. Such decisions will be made solely at Kestrl’s discretion and cannot be appealed.

  9. Kestrl reserves the rights to suspend, terminate or modify the terms of this program at any time.

  10. You are eligible for the referral earnings only if you have the referral feature enabled within your Kestrl App.

  11. Participants are liable for any tax consequences of the receipt of any referral earnings, and we accept no liability to participants or their employers in relation thereto.

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