These Referral Program Terms and Conditions ("Terms") govern your participation in the GrabrFi Referral Bonus Program (the "Program"). By participating, you agree to be bound by these Terms, as well as the GrabrFi Terms of Service and Privacy Policy.
1. Eligibility
To participate in the Program as a Referrer ("you"), you must:
Be an active GrabrFi account holder in good standing.
Be at least 18 years old and a resident of a jurisdiction where the Program is legally permitted.
Not have violated any of GrabrFi’s terms, policies, or applicable laws.
To be considered a Qualified Referral, the referred individual ("Referred Friend") must meet the following criteria:
Use the invitation link to open a GrabrFi bank account.
Complete the following actions within 30 days of bank account opening:
Open at least one virtual card.
Add or receive at least $100 USD through one of the following qualifying transactions:
ACH or Wire transfer (must originate from an external financial institution, not another GrabrFi account).
Top up with local currency.
Maintain an open and active account with a positive balance on day 30.
Have no prior GrabrFi account history, meaning they must not have previously held or closed a GrabrFi account.
The Program is available to Referrers and Invitees who are residents of:
Argentina, Bolivia, Brazil, Canada, Chile, Colombia, Germany, Dominican Republic, Ecuador, Spain, France, United Kingdom, Ghana, Guatemala, India, Italy, Mexico, Nigeria, Panama, Peru, Portugal, Paraguay, Singapore, El Salvador, United States, Uruguay, and Vietnam.
No Referral Bonus will be paid to Referrers who reside in, or for Invitees who reside in, Kenya.
No Referral Bonus will be paid for Invitees who reside in the United States.
2. Referral Bonus
If all conditions are met, you will receive a $20 USD referral bonus on day 31 following your Referred Friend’s account opening.
There is no limit to the number of friends you can invite.
Bonuses are credited to your GrabrFi account and may be subject to withdrawal restrictions or other limitations as required by law.
3. Restrictions & Fraud Prevention
Self-referrals, duplicate accounts, or referrals made using false or misleading information are strictly prohibited.
GrabrFi reserves the right to review all referrals and withhold or revoke bonuses in cases of suspected fraud, misuse, or abuse of the Program.
Referred Friends who close their accounts before day 30 after opening or whose accounts are flagged for suspicious activity will not qualify as a referral.
4. Program Modifications & Termination
Grabr Inc. reserves the right to modify, suspend, or terminate the Program at any time, with or without prior notice.
GrabrFi may limit or restrict any user’s participation in the Program at its sole discretion, including for reasons related to compliance, fraud prevention, or business considerations.
If the Program is terminated, any pending bonuses that have not yet been credited will be forfeited.
5. Tax Implications
Referral bonuses may be subject to tax reporting and withholding. You are responsible for any applicable taxes arising from your participation in the Program.
6. Liability & Disputes
GrabrFi is not responsible for any technical errors, failures, or delays in crediting referral bonuses.
Any disputes related to the Program shall be governed by the dispute resolution provisions of the GrabrFi Terms of Service.
7. Governing Law
These Terms shall be governed by and construed in accordance with the laws of the United States and the State of Delaware, without regard to its conflict of law principles.
By participating in the Program, you acknowledge and agree to these Terms. GrabrFi reserves all rights not explicitly granted herein.