HyperJar April 2024 Cashback OFFER TERMS

Last updated: 04/06/2024

What is the April Cashback Offer

New HyperJar customers will be able to earn 1-2% cashback on all eligible spend on their physical and virtual card during the period of 4th April 2024 and 31st October 2024, inclusive.  

Who is eligible for the offer?

Only new HyperJar customers who are UK residents are eligible for this offer.  This offer is subject to the conditions that are set out as follows. You have to apply for a full HyperJar account on or before 21st June 2024 or until the offer is withdrawn. The application must result in an account being opened 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. Each individual customer can have only one account.

To be eligible for the cashback offer, once you have successfully opened a full HyperJar account, you must:

Spend at least once with your HyperJar card (virtual or physical) on or before 21st June 2024.

Calculation and payment of cashback on all eligible 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 or ineligible transactions on your account. The first day of qualifying cashback spend is 4th April 2024 or the day your application to HyperJar is successful and the last day of qualifying cashback spend will be 31st October 2024.

Example:

  • If you become a HyperJar customer on the 30th May 2024 and spend on your card before the end of day 31st May 2024, you will be eligible for cashback for the period from the 31st May 2024 until and including 31st October on all eligible spend including the first payment you make with your card.  Your cashback payout will be paid 30 days after the end of each calendar month so on the 30th June 2024, 30th July 2024, 30th August 2024, 30th September 2024, 30th October 2024 and 30th November 2024.

Cashback Rates:

  1. Any eligible Spend on your physical (plastic) HyperJar card receives a cashback rate of 1%;
  2. Any eligible spend with your HyperJar card using Google Pay/Apple Pay receives a cashback rate of 2%;

Examples of Cashback:

  • If you spend £1,000 on your HyperJar card using Google Pay/Apple Pay and £1,000 on your physical (plastic) HyperJar card, you will receive 2% on your £1,000 Google Pay/Apple Pay spending (£20) and 1% on your £1,000 physical card spending (£10) making a total of £30
  • If you spend £200 on your HyperJar card using Google Pay/Apple Pay and £300 on your physical (plastic) HyperJar card you will receive 2% on your £200 Google Pay/Apple Pay spending (£4) and 1% on your £300 physical card spending (£3) making a total of £7

Exclusions:

There are some general spending restrictions, which do not qualify as eligible spend, 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 and Spending HyperJar Cashback Vouchers or HyperVouchers
  3. Combining with any other HyperJar offers or rewards
  4. Transfer of funds 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. School, 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.