Stake Verified Affiliate Bonus Competition Terms & Conditions

These Terms and Conditions apply to the Stake Verified Affiliate Bonus Competition (the Competition).

By participating in the Competition, you agree to be bound by these Stake Verified Affiliate Bonus T&Cs.

If they win, this promotion allows participating Stake Verified Affiliates to earn an incremental bonus in addition to their monthly contracted terms. To enter, participants must agree to these terms, which are in addition to the Stake Verified Affiliate Program Terms & Conditions and the Stake Terms & Conditions.

Promoter

The promoter is Stakeshop Pty Ltd (ACN 610105505) of Level 10, Aurora Place 88 Phillip Street, Sydney, NSW, 2000.

Promotional Period

The promotional period is from 12:01 am AEDT 13 October 2021 to 11:59pm AEDT 10 November 2021.

Eligibility

To be eligible to enter the Competition, you must be:

  • an Australian resident and over 18 years of age;
  • an approved Stake Verified Affiliate; and
  • invited by the Promoter (Stake) to participate in the Competition.

How to Enter

Eligible participants can enter the Competition by making at least 1 valid referral. A valid referral means the participant refers an individual (Referred Person) to Stake in accordance with the Referral Terms and Conditions, and the Referred Person signs up for a Stake account and deposits funds into it directly through the Stake platform. A Referred Person must not be an existing Stake customer or the same person as the referring participant.

The winners of the promotion will be determined by the highest number of valid referrals made during the promotional period. The participant that makes the highest number of valid referrals by the close of the promotional period will win first prize, the participant that makes the second-highest number of valid referrals by the close of the promotional period will win second prize, and the participant that makes the third-highest number of valid referrals by the close of the promotional period will win third prize.

In the result of multiple participants arriving on even points, the winner will be decided by the order in which the participants reached that final number. For example, if two people both end the competition with the highest number of referrals, e.g. 10 referrals each, Stake will determine who reached the highest number of referrals first and award them with first prize, and the person who reached the highest number of referrals second will be awarded second prize. The person with the second-highest number of referrals will then be awarded the third prize.

The Prize

There are three prizes to be won. Participants are eligible to win a prize for first, second or third position.

  • First prize = A$2,500 (incl. GST)
  • Second prize = A$1,500 (incl. GST)
  • Third prize = A$1,000 (incl. GST)

The total prize pool value for the Competition is AU$5000 (incl. GST).

The three (3) winners will be contacted by Stake via email by 12 November 2021, following the conclusion of the promotional period. All payment of the prize money will be handled through Impact as incremental payment on the next payment roll in November.

Discrepancy

If for any reason you believe that there is a discrepancy regarding your referrals, email stakeverified_au@hellostake.com

Stake may require you to submit additional information in order to determine your referrals. All decisions regarding your referrals will be final and at Stake’s sole discretion.

Stake may decide not to award a prize to a participant if we reasonably suspect a winning entry to involve fraudulent, misleading or deceptive conduct. If this occurs, the winner with the next highest amount of valid referrals will be deemed the winner.

Sharing unique referral links

Stake encourages the responsible sharing and distribution of your referral link. This includes adherence to financial advice guidelines and those provided in the Stake Marketing Code.

  • We recommend that you adhere to the latest social media influencer and affiliate marketing guidelines here (AU).

  • Unless authorised under an Australian Financial Services (AFS) licence to provide financial product advice we strongly recommend you;

    • Only give objective, factual information that is truthful and accurate.
    • Do not give or imply a recommendation or opinion about a financial product that may influence someone.
    • Take caution when talking about specific stocks and/or providing accounts of your own financial experiences. Avoid evaluating, assessing or comparing specific features of financial products.
    • Provide “This is not financial advice” disclaimers across all content and content channels.
    • Stay up to date with the latest guidelines on financial advice. Some useful starting points here.

Stake is not responsible or accountable for any action or claim by any third party with whom you share your referral link. Be aware that some third party platforms may have their own rules and policies about what you can and cannot do on such platforms.

Stake does not accept responsibility for referrals that are lost, invalid or delayed, regardless of cause, including for example, as a result of any equipment failure, technical malfunction, systems, network, service, computer hardware or software failure of any kind.

Affiliation

This promotion is run in parallel with the affiliate's Stake Verified agreement. Stake is responsible for the facilitation and management of the competition.

Impact

Stake Verified Affiliate Bonus Competition is run via third-party platform Impact.

Severability

If any provision in these terms are held to be invalid, void, or unenforceable, such provision (or the part of it that is making it invalid, void or unenforceable) will be struck and not affect the validity of and enforceability of the remaining provisions.

Termination and Changes

Stake may suspend or terminate the Competition or a user’s ability to participate in the Stake Verified Affiliate Bonus Competition at any time for any reason.

We reserve the right to review and investigate all referral activities and to suspend accounts or modify referral points at our sole discretion as deemed fair and appropriate.

The scope, variety, and type of services and products that you may obtain through the Stake Verified Affiliate Bonus Competition can change at any time.

Legals & Updates to the Terms

For participants who have agreed to the Terms & Conditions (AU) these T&Cs are to be governed by and construed in accordance with the laws of New South Wales, Australia and shall be subject to the jurisdiction of the New South Wales Courts.

Updates

We can update these Stake Verified Affiliate Bonus competition terms and conditions at any time without prior notice. If we modify these terms, we will post the modification on the Stake website and applications which are effective upon posting. Agreement to these terms or continued participation in the Stake Verified Affiliate Bonus competition after any modification shall constitute consent to such modification.


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Stakeshop Pty Ltd, trading as Stake, ACN 610105505, is an authorised representative (Authorised Representative No. 1241398) of Sanlam Private Wealth Pty Ltd (Australian Financial Services Licence No. 337927) (Sanlam) and an authorised representative (Authorised Representative No. 1241398) of Airwallex Pty Ltd (Australian Financial Services Licence No. 487221) (Airwallex). Stake is not authorised by Airwallex under Airwallex’s AFSL to arrange for clients to be issued with securities as Airwallex is not authorised under its AFSL for this purpose. Stake is not authorised by Sanlam under Sanlam’s AFSL to arrange for clients to be issued with a non-cash payment facility as Sanlam is not authorised under its AFSL for this purpose. The information on our website or our mobile application is not intended to be an inducement, offer or solicitation to anyone in any jurisdiction in which Stake is not regulated or able to market its services. At Stake, we’re focused on giving you a better investing experience but we don’t take into account your personal objectives, circumstances or financial needs. Any advice is of a general nature only. As investments carry risk, before making any investment decision, please consider if it’s right for you and seek appropriate taxation and legal advice. Please view our Financial Services GuideTerms & ConditionsPrivacy Policy and Disclaimers  before deciding to use or invest on Stake. By using the Stake website or service in any way, you agree to our Privacy Policy and Terms & Conditions. All financial products involve risk and you should ensure you understand the risks involved as certain financial products may not be suitable to everyone. Past performance of any product described on this website is not a reliable indication of future performance. Stake is a registered trademark under classes 9 and 36 (Australia).
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