HyperJar Love Cashback 2024 OFFER TERMS

Updated 29/02/2024

Who is eligible for the offer?

Only new HyperJar customers who are UK residents are eligible for this offer, provided that you meet the conditions set out below. You have to apply online for a full HyperJar account on or before 31/03/2024 or until the offer is withdrawn. The application must result in an account being opened following ID and residency verifications. To clarify, this means opening a full HyperJar account which includes passing the ID and residency KYC (Know Your Customer) checks successfully and ordering a physical HyperJar card.

You will not be eligible for this offer if you are now or have ever been a HyperJar account holder, and each individual can have only one account. 

To be eligible for the up to 6 months cashback offer, you must:

Spend at least once with your HyperJar card (virtual or physical) on or before 31/03/2024.

Calculation and payment of cashback on all spending:

We will calculate the cashback on all your domestic and overseas spending using your HyperJar card on a calendar month basis and pay it into your HyperJar account as a lump sum 30 days after the end of each calendar month.  This allows us to identify and track fraudulent transactions on your account. The first day of qualifying cashback spend is 30/01/2024 and the last day of qualifying cashback spend will be 31/08/2024.

Cashback Rates:

  1. Spend between £0.01 to £500 in a calendar month receives a cashback rate of 1%;
  2. Any spend above £500 receives a cashback rate of 1.5% (on the amount spent over £500)

Examples: 

  • If you spend £750 in a calendar month, you will receive 1% cashback on the first £500 of that (ie £5) and 1.5% cashback on the remaining £250 (ie £3.75) making a total of £8.75
  • If you spend £1500 in a calendar month, you will receive 1% on the first £500 (ie £5) and 1.5% on the remaining £1,000 (£15) making a total of £20

Exclusions:

There are some general spending restrictions when using your HyperJar card listed in our Terms & Conditions which you can see here.

  1. Spend on any Kids’ Cards paired to an adult account (or any subsidiary card paired to the account holder’s account)
  2. Buying HyperJar Cashback Vouchers or HyperVouchers
  3. Combining with any other HyperJar offers or rewards
  4. Loads into your HyperJar account
  5. Account and prepaid card funding
  6. Council Tax & utilities bill payments
  7. Investments
  8. HMRC and other tax payments
  9. Government services not classified elsewhere
  10. Debt repayments
  11. Antique shops, including repairs and restoration
  12. Art dealers and galleries
  13. Bail and bond payments
  14. Bank fees such as product fees, promotional merchandise, financial consultations and loan fees
  15. Boat dealers
  16. Car, motorcycle and van dealers - new and used sales, services, repairs, parts and leasing
  17. College and university fees
  18. Cryptocurrencies
  19. Gambling transactions
  20. Insurance sales, underwriting and premiums
  21. Intra-government purchases
  22. Money orders
  23. Money transfers
  24. MoneySend transactions
  25. Motor home, camper and trailer dealers
  26. Nursing and personal care facilities
  27. Pawnbrokers
  28. Precious metals
  29. Professional and financial services
  30. Estate agency and management fees
  31. Savings bonds
  32. Securities — stocks, bonds, commodities, and mutual funds
  33. Stamp and coin stores
  34. Timeshares
  35. Travellers Cheques and foreign currency

Limits:

You are limited to a maximum £200 cashback per month. Other limits are stated in HyperJar’s standard Terms & Conditions which you can see here. HyperJar has the right to not pay cashback on restricted items or outside personal fair usage.

HyperJar Limited (Firm Reference Number: 902842) is a registered EMD agent of Modulr FS Limited, a company registered in England and Wales with company number 09897919, which is authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (Firm Reference Number: 900573) for the issuance of electronic money and payment services. Your account and related payment services are provided by Modulr FS Limited. Whilst Electronic Money products are not covered by the Financial Services Compensation Scheme (FSCS) your funds will be held in one or more segregated accounts and safeguarded in line with the Electronic Money Regulations 2011.