Wombat Invest Limited (referred herein as “we”, “Wombat Invest” or “the Company”) is offering you the opportunity to participate in the Account Set Up Competition (“the Competition”) and win one of 5 cash prizes, worth £100 each. Headings are included for ease of reference only and shall not affect the interpretation of these Terms and Conditions. In these terms, the singular shall include the plural and vice versa and references to any gender shall include references to other genders. In the event of any conflict between these terms and the terms of the Wombat Invest Service to which you have agreed as a user of the Service, the latter shall take precedence.
1. Binding agreement.
By participating in the Competition, you are bound by these Terms and Conditions (“Terms”) and indicate your agreement to them. All of the Company's decisions are final and binding.
3. How the competition works.
You must be a legal resident of the United Kingdom and at least 18 years old to use the Wombat apps. To participate in the Competition, you must finalise the completion of your Wombat account set up, and open an investment account (either Standard ISA, Standard GIA, or Instant GIA) by the 28th of February 2023. Winners will be chosen on March 2nd and will receive the prize as cash in their Wombat account within 7 days.
The Competition is not an activity that is regulated by the Financial Conduct Authority. You may not be able to refer any complaint regarding the performance of the Competition to the Financial Ombudsman Service. In the first instance you should refer any concerns with the operation of the Competition to us at the details given on the Site or App.
Users cannot create multiple, fictitious or fake accounts with the Company in order to receive multiple entries. No user may use the Competition to violate any law, infringe or violate the rights of any third party, or otherwise act in a manner that is deemed harassing, harmful, illegal, hateful, obscene or outside the spirit or intent of the Competition. In addition, you may not (i) tamper with the Competition, (ii) act in an unfair or disruptive manner, or (iii) use any system, bot or other device or artifice to participate or receive any benefit in the Competition. CAUTION: ANY ATTEMPT TO DELIBERATELY DAMAGE OR UNDERMINE THE LEGITIMATE OPERATION OF THE COMPETITION MAY BE IN VIOLATION OF CRIMINAL AND CIVIL LAWS. SHOULD SUCH AN ATTEMPT BE MADE, THE COMPANY RESERVES THE RIGHT TO SEEK REMEDIES AND DAMAGES (INCLUDING LEGAL FEES) TO THE FULLEST EXTENT OF THE LAW, INCLUDING CRIMINAL PROSECUTION.
Employees of the Company or any of its or their subsidiaries, affiliates or promotional agencies are not able to participate in the Competition.
5. Competition prizes.
By completing your Wombat account set up and opening an investment account with Wombat by February 28th, you will be entered into a Competition with the chance to win one of five £100 prizes.
Each winner will have their prize paid into their Wombat cash account within seven days after receiving their winning confirmation email. Each reward must be held in the respective Wombat account for a period of 90 days before being able to be withdrawn. Prizes are capable of being invested from the date of payment. Prizes are subject to verification. The Company may delay payment of a prize for the purposes of investigation but payment of rewards shall not be unreasonably withheld. The Company may also refuse to verify and process any transaction for any reason made with a prize. It’s in The Company’s full discretion to withdraw, remove or vary the prize at any time for any customer.
Unless otherwise stated, prizes are not transferable and may not be auctioned, traded, bartered, or sold. The prize cannot be substituted for a cash payment.
By participating in the Competition, you agree to defend, indemnify, release and hold harmless the Company, Wombat Invest Ltd, as the provider of the Competition, and their respective parent companies, affiliates and subsidiaries, together with their respective employees, directors, officers, licensees, licensors, shareholders, lawyers and agents including, without limitation, their respective advertising and promotion entities and any person or entity associated with the production, operation or administration of the Competition (collectively, the “Released Parties”), from any and all claims, actions, demands, damages, losses, liabilities, costs or expenses caused by, arising out of, in connection with, or related to the Competition (including, without limitation, any property loss, damage, personal injury or death caused to any person(s)) and/or the awarding, receipt and/or use or misuse of any Reward in the Competition. To be clear, the Released Parties shall not be liable for any technical errors or malfunctions, data theft or corruption, any printing or typographical error, or any damage to any computer system resulting from participating in, or accessing or downloading information in connection with the Competition. The Released Parties shall not be liable to any users for failure to supply any advertised benefit, by reason of any acts of God, any action or request by any regulator, governmental or quasi-governmental entity (whether or not valid), or any other activity or action that is beyond any of the Released Parties’ control.
You understand and agree that the released parties shall not be liable to you for any direct, indirect, incidental, special, consequential, or exemplary damages, including, but not limited to, damages for loss of profits, goodwill, use, data or other intangible losses (even if the company was advised of the possibility of such damages).
To the fullest extent possible by law, the released parties’ maximum liability arising out of or in connection with the Competition, regardless of the cause of action (whether in contract, tort, breach of warranty, or otherwise), will not exceed £100.
7. Disclaimer of warranties.
You expressly understand and agree that: (a) the Competition is provided on an “as is” and “as available” basis and the company expressly disclaims all warranties, conditions and terms of any kind, whether express or implied by statute, common law or custom, including, but not limited to, warranties as to products or services offered through the use of the Competition, implied warranties of merchantability, satisfactory quality, fitness for a particular purpose, and non-infringement; (b) the released parties make and give no warranty that (i) the Competition will meet your requirements, (ii) the Competition will be uninterrupted, timely, secure, or error-free, and (iii) the quality of any products, services, information, or other material obtained by you through the Competition will meet your expectations; (c) the released parties accept no responsibility for any losses incurred as a result of investing rewards; and (d) any material downloaded or otherwise obtained through the use of the Competition is accessed at your own discretion and risk, and you will be solely responsible for any damage to your computer system or mobile device or loss of data that results from the download or use of any such material.
8. Sign-in credentials.
Users are responsible for maintaining the confidentiality of any sign-in credentials and are fully responsible for all activities that occur through the use of them. Users agree to notify the company immediately if they suspect unauthorised access to their account. Users agree that the company will not be liable for any loss or damage arising from unauthorised use of their credentials.
9. Right to cancel, modify or terminate.
We reserve the right to cancel, modify or terminate the Competition at any time for any reason. We reserve the right to disqualify any user at any time from participation in the Competition if they do not comply with any of these terms, or if they fail to comply with Wombat’s terms and conditions as a whole.