Terms & Conditions
Duit Raya Reward Campaign
TERMS AND CONDITIONS FOR DUIT RAYA REWARD CAMPAIGN (“CAMPAIGN”)
This Campaign is held by Boost Bank Berhad (Company Registration No. 202301007223 (1501144-T)) (“Boost Bank”). By participating in the Campaign, Customer (as hereinafter defined) hereby agrees to be bound by these terms and conditions which shall form an integral part of and to be read together with Raya Jar Campaign Terms and Conditions and Boost Bank’s Personal Banking Terms and Conditions.
In the event of a conflict or inconsistency between these terms and conditions, such inconsistency shall be resolved by giving precedence in the following decreasing order (i) these terms and conditions; (ii) Raya Jar Campaign Terms and Conditions and (iii) Boost Bank’s Personal Banking Terms and Conditions.
Boost Bank reserve the right to withdraw, amend, omit and/or vary any part or the whole of the terms and conditions of this Campaign with prior notice to the Customer and the Customer shall be bound to observe, perform and comply with the terms and conditions herein and any amendments thereof. Boost Bank’s decisions in any matter in relation to this Campaign shall be final and conclusive.
Campaign Period
This Campaign will run from 7 March 2025 to 31 May 2025 (Deposit Period (as defined below) from 7 March 2025 until 30 April 2025). Any Campaign Period extension shall be determined by Boost Bank at its sole discretion.
Eligibility
This Campaign shall be applicable to all account holders who: (i) open and maintain Digital Savings Account (as defined in Boost Bank’s Personal Banking Terms and Conditions) with Boost Bank; and (ii) fulfil the criteria set out in this Campaign during the Campaign Period (“Customers”).
Important Notice:
1. By participating in this Campaign, you hereby acknowledge and agree to:
(a) the terms and conditions of the following Campaign set out below; and
(b) the terms of our Privacy Notice and you consent to the collection, use and disclosure of your personal information: (i) for the purposes of the Campaign; and/or (ii) in accordance with our Privacy Notice at https://myboostbank.co/privacy-notice, as may be updated from time to time);
(c) Boost Bank’s Personal Banking Terms and Conditions (available at https://myboostbank.co/terms-and-conditions, as may be updated from time to time);
(d) Raya Jar Campaign Terms and Conditions (available at https://myboostbank.co/terms-and-conditions, as may be updated from time to time; and
(e) access Boost Bank’s website on a regular basis to view all relevant terms and conditions (including any related notices). You must seek clarification from Boost Bank’s authorised representatives if you do not understand any of these.
Campaign Mechanics
1. During the Campaign Period, the Customers who:-
(a) open and maintain a Digital Savings Account (as defined in Boost Bank’s Personal Banking Terms and Conditions) with Boost Bank;
(b) activate a Raya Jar (as defined in Raya Jar Campaign Terms and Conditions) with Boost Bank;
(c) deposit a minimum of RM1,000.00 into their Raya Jar from 7 March 2025 to 30 April 2025 (“Deposit Period”); and
(d) maintain such minimum amount in their Raya Jar from 1 April 2025 to 30 April 2025 for deposits made between 7 March 2025 to 31 March 2025, or maintain such minimum amount in their Raya Jar from 1 May 2025 to 31 May 2025 for deposits made between 1 April 2025 to 30 April 2025 (“Holding Period”), will be eligible to receive one (1) entry into the draw for the duit raya rewards valued up to RM101,000.00.
2. Additionally, for every additional RM1000.00 deposited above the initial RM1,000.00 during the Deposit Period, and maintained throughout the Holding Period, the Customers will earn one (1) additional entry into the draw, thereby increasing their chances of winning.
3. Deposits made after the expiry of the Deposit Period shall not qualify for additional entries into the draw. Further, in the event that a Customer withdraws any funds during the Holding Period, for each RM1000.00 withdrawn, Boost Bank shall forfeit one (1) entry into the draw. Withdrawals that result in a Customer having fewer entries than initially qualified may impact eligibility for winnings. Customers are advised to ensure that no unintended withdrawals, including automatic deductions, affect their entry count.
4. A total of 1,300 Customers will be selected at random as winners of the following duit raya rewards:-
(a) 1,000 winners will receive RM50 duit raya;
(b) 260 winners will receive RM150 duit raya.
(c) 40 winners will receive RM300 duit raya.
collectively, referred to as “Duit Raya Rewards”. For the avoidance of doubt, each winner is entitled to receive only one (1) Duit Raya Reward. All Duit Raya Rewards disbursed under this Campaign shall be subject to applicable taxes and Boost Bank shall deduct any required taxes prior to crediting the Duit Raya Rewards directly into the respective winners’ Digital Savings Account.
5. Boost Bank reserves the right, at its sole discretion, to substitute the Duit Raya Rewards with an equivalent item of value, as determined by Boost Bank, without prior notice and for any reason Boost Bank deems necessary. Boost Bank shall not be held liable for any dissatisfaction or claims arising from such substitutions.
6. It shall be the sole responsibility of the winners to ensure that their contact details registered with Boost Bank are accurate and up to date. Boost Bank shall not be held responsible for any failure in notification due to outdated or incorrect contact details provided by the Customer.
7. The Duit Raya Rewards shall be provided on an “as is” basis and shall neither be transferable nor exchangeable for other items.
8. Upon the successful distribution of the Duit Raya Rewards, Boost Bank shall bear no further responsibility or liability regarding the use or misuse of the Duit Raya Rewards by the winners. However, in cases where a Duit Raya Reward is not received due to technical or processing errors, Boost Bank shall take reasonable steps to resolve the issue within a reasonable timeframe.
9. Please refer to Boost Bank and/ or its website for matters in relation to the Digital Savings Account, Savings Jar(s), Raya Jar and/ or any other products and/or services (including the payout of the interest rate).
10. For further enquiries, please refer to Boost Bank’s FAQ and/ or contact Boost Bank Customer Support via email to support@myboostbank.co.
General Terms and Conditions:
1. The Customers should refer to Boost Bank’s website for further information and the terms and conditions related to their Digital Savings Account, Savings Jar(s), Raya Jar (and/ or any other products and/or services), including any matters related to the payout of the interest rate.
2. Boost Bank reserves the sole and absolute right to cancel, withdraw, suspend, extend or terminate any part or the whole of the terms and conditions of this Campaign with prior notice to the Customer. For the avoidance of doubt, the cancellation, withdrawal, suspension, extension or termination by Boost Bank of this Campaign shall not entitle the Customer to any claim or compensation against Boost Bank for any losses or damages suffered or incurred by the Customer whether as a direct or indirect result of such cancellation, withdrawal, suspension, extension or termination.
3. The records of transaction maintained by Boost Bank and Boost Bank’s decisions in any matter in relation to the Campaign shall be final and conclusive.
4. Boost Bank shall not be liable for any claim by Customer or third-party claims or losses of any nature, including but not limited to, loss of profits, punitive, indirect, special, incidental, or consequential damages or for other damages and any related claims of any nature, including direct, indirect, third party, consequential or other damages resulting from or in connection with this Campaign. Boost Bank expressly excludes and disclaims any representations, warranties or endorsements, expressed or implied, written or oral, without limitation to those published in any mass media, marketing or advertising materials, including but not limited to, any warranty of quality, merchantability of fitness for a particular purpose.
5. Boost Bank shall not be liable for loss or damage to property or any personal injury or loss of life resulting from or in connection with this Campaign.
6. The Customer acknowledges and agrees that Boost Bank reserves the rights to disqualify Customer’s participation of the Campaign if (i) the Customer is found or suspected of abuse, manipulation or tampering with the Campaign mechanics or the operation of the Campaign; (ii) the Customer is found or suspected of undertaking fraudulent activities, act of deceit, deception, cheating or other activities harmful to the Campaign; or (iii) the Customer is in breach of its obligations or any terms and conditions of this Campaign. Notwithstanding the above, Boost Bank reserves the right to reject any participation or the Customer at its discretion.
7. By participating in this Campaign, Boost Bank shall not in any manner whatsoever be liable or held responsible if Boost Bank is unable to perform in whole or in part any of its obligations herein attributable directly or indirectly to the failure of any mechanical or electronic device, data processing system, transmission line, electrical failure, industrial dispute, war, strike, riot, pandemic or any act of god beyond Boost Bank’s control or due to any factor in a nature of a force majeure which is beyond Boost Bank’s reasonable control.
8. Boost Bank and its officers, employees, representatives and/ or agents (including without limitation, any third party service providers engaged by Boost Bank for purposes of this Campaign) shall not be responsible and shall not accept any liabilities of any nature and however arising or suffered by the Customer or any third parties resulting directly or indirectly from this Campaign, and Boost Bank disclaims any liability arising from the products or services purchased by the Customer from third party merchants.
9. By participating in this Campaign, the Customer agrees and consents to allow its personal data to be collected, processed and used by Boost Bank in accordance with the Privacy Notice. In addition and without prejudice to the terms set out in the Privacy Notice, the Customer agrees and consents to its personal data or information being collected, processed and used by Boost Bank for:
(a) purposes of this Campaign; and
(b) marketing and promotional activities conducted by Boost Bank, including but not limited to any form of advertising or publicity media and materials such as audio and/ or visual recordings published through newspapers, television networks, radio stations or online and digital media and on the Internet.
Marketing and promotion activities include without limitation the use and/ or publication of any details provided in and/or in connection to the entries, interviews material as well responses and related photographs. In this regard, the Customer agrees to cooperate and participate in all advertising and publicity activities of Boost Bank in relation to this Campaign.
10. Unless specifically mentioned in these Terms and Conditions, this Campaign is not valid with any other campaign, and no other special, additional, preferential rates and/ or reward shall be given to the Customer in addition to this Campaign.
11. Boost Bank shall not be responsible or held liable in respect of technical failures of any kind, intervention, interruptions and/ or electronic or human errors in the administration and/ or processing of a transaction performed via the Boost Bank Mobile Banking (as defined in the Personal Banking Terms and Conditions) provided the same is not directly caused by Boost Bank.
12. Boost Bank shall not be responsible for any failure or delay in the transmission of evidence of sales transactions by MasterCard Worldwide, merchant establishments, postal or telecommunication authorities or any other party which may result in Customer failing to be entitled to the rewards under this Campaign.
13. Boost Bank shall not be liable for any misinterpretation or misrepresentation of facts by any unauthorised third party in respect of this Campaign offered and published in any media, marketing or advertising material.
14. These Terms and Conditions shall be governed by and construed in accordance with the laws of Malaysia, and the Customer agrees to submit to the exclusive jurisdiction of the courts of Malaysia.
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