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FSMOne Debit Card Cashback's Terms and Conditions
1. The 1% Cashback offer on spending on the FSMOne Debit Card is valid until 31 December 2026 (the “Promotional Period”).
2. The Cashback Programme is applicable to the following cards (collectively “Qualifying Cards”)
a. FSMOne Crimson Debit Card
b. FSMOne Black Debit Card
3. Eligible Cardmembers (“Cardmember”) are defined as customers who are currently holding on to FSMOne qualifying cards and have not cancelled any FSMOne Debit Card within the last 6 months.
By participating in this Promotion, the clients agree that they have read, understood and agree to be bound by all terms and conditions stated herein.
4. Spending
in the following categories will not be eligible for cashback:
|
Merchant Category Codes Exclusion |
|
|
Non-Financial Institutions - Stored Value Card Purchase/Load |
6540 |
|
Financial Institutions - Automated Cash Disbursements |
6011 |
|
Financial Institutions - Merchandise, Services, and debt Repayment |
6012 |
|
Money transfer |
4829 |
|
Non-Financial Institutions |
6051 |
|
Insurance Sales, Underwriting, and Premiums |
6300 |
|
Direct Marketing, Insurance Services |
5960 |
|
Parking Lots, Parking Meters and Garages |
7523 |
|
Real Estate Agents and Managers - Rentals |
6513 |
|
Financial Institutions - Automated Cash Disbursements |
6010 |
|
Security Brokers/Dealers |
6211 |
|
Utilities – Electric, Gas, Water, and Sanitary |
4900 |
|
Other Services – Not Elsewhere Classified |
7299 |
5. Eligible Transactions are identified via their Merchant Category Codes (“MCCs”). These MCCs are assigned by Mastercard and/or the FSMOne Debit Card issuer, and may be subject to changes at any point of time. If the merchants are not classified and/or classified under another merchant category not related *to the terms and conditions listed in the relevant promotional articles*, *transactions made at these merchants will not be eligible for the Cashback. For the avoidance of doubt, the list of category codes is not under the purview of iFAST Financial Pte Ltd (“iFAST”) and iFAST is not responsible for the category code assigned to a transaction.
6. Cashback earned for the current month’s transactions (e.g. September) will be credited 4 to 6 weeks after the end of the current month.
7. Cashback earned for the current month will be computed based on the transactions posted within the calendar month. Posting date refers to the date the transaction is received by the card issuer. As merchants may make a settlement a few days after the transaction has been made, the posting date may be a few days later than the transaction date. As such, FSMOne has no control over when a merchant records the transaction.
8. FSMOne reserves the right to reject or clawback any cashback granted or to be granted to a Cardmember in the case of any fraudulent, dishonest and inappropriate conduct, as determined in the sole discretion of FSMOne. Such activities include but are not limited to the following: the provision of any false details; the provision of any third party’s information without consent; and any other fraudulent or malicious actions.
9. Cashback granted under this Promotion are strictly non-refundable under all circumstances (including but not limited to any closure, suspension, loss or expiry of an awardee’s FSMOne account). For the avoidance of doubt, a Cardmember shall not be entitled to any compensation, refund or alternative prize due to a failure to claim or use of the cashback.
10. Cardmembers are required to notify us of any error or discrepancy within 14 days from the date of cashback crediting. In the absence of such notification from the Cardmember, the amount credited shall be deemed conclusive evidence of the Cardmember's confirmation and acceptance of the credited amount.
11. All decisions made by iFAST on any matters regarding this promotional cashback are final, conclusive and binding on all clients. No appeals, correspondences and/or protests shall be entertained.
12. iFAST reserves the right at any time to add, delete, vary and/or amend these terms and conditions by way of posting on the FSMOne platform, or any other methods which iFAST deems practicable. The client acknowledges and agrees to access the FSMOne platform regularly to ensure that he/she is kept up to date with any changes or variations made to these terms and conditions.
13. The terms and conditions set out herein shall be without prejudice and in addition to the terms and conditions governing your FSMOne Investment Account and the FSMOne Debit Card, including but not limited to: the iFAST Standard Investment Account Terms and Conditions, the iFAST Platform Terms and Conditions, and all other applicable terms and conditions, disclaimers, risk disclosures and warnings.
14. FSMOne’s decision on all matters regarding the promotional cashback are final.
15. FSMOne reserves the right to amend the Terms and Conditions without prior notification.
16. Additional promotions may be offered from time to time. Please refer to the terms and conditions listed in the relevant promotional articles.
17. In addition and without prejudice to any other right or remedy which may be available (whether under these terms and conditions or under applicable laws), and in the absence of fraud on the part of iFAST, iFAST shall not be liable to the clients or any other party in any respect of any losses, damages, costs and expenses suffered or incurred by the clients or any other party arising out of this Promotion. iFAST shall not in any event be liable for any indirect or consequential loss, or for punitive damages.
All debit cards are issued and powered by Nium, an entity regulated by the Monetary Authority of Singapore as a major payment institution under License No. PS20200276. iFAST is obligated to act accordingly to withdraw monies held under trust in your iFAST Cash Account to your debit card separately issued by the card issuer for payment services independently administered by card issuer.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
All materials and contents found in this site are strictly for general circulation and informational purposes only and should not be considered as an offer, or solicitation, to deal in any of the funds or products found/identified in this site. While iFAST Financial Pte Ltd ("IFPL") has tried to provide accurate and timely information, there may be inadvertent delays, omissions, technical or factual inaccuracies and typographical errors. Any opinion or estimate contained in this report is made on a general basis and neither IFPL nor any of its servants or agents have given any consideration to nor have they or any of them made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You should consider carefully if the products you are going to purchase are suitable for your investment objective, investment experience, risk tolerance and other personal circumstances. If you are uncertain about the suitability of the investment product, please seek advice from a financial adviser, before making a decision to purchase the investment product. Past performance is not indicative of future performance. The value of the investment products and the income from them may fall as well as rise. Opinions expressed herein are subject to change without notice. In respect of any matters arising from, or in connection with the said research analyses or research reports, recipients of the report are to contact IFPL at 10 Collyer Quay, #26-01 Ocean Financial Centre Building, Singapore 049315, or by telephone at +65 6557 2853. Where the report contains research analyses or research reports from a foreign research house and if the recipient of such research analyses or research reports is not an accredited investor, expert investor, institutional investor or an ex-accredited investor, IFPL accepts legal responsibility for the contents of such analyses or reports to such persons only to the extent as required by law. Please note that only certain security(ies) herein are available to all investors, while the rest are only available for certain persons to invest in, such as Accredited Investors (as defined in the Securities and Futures Act) or one who invests at least S$200,000 (or its equivalent currency) per transaction. To qualify as an Accredited Investor, one needs to submit a declaration form and certain relevant supporting documents, according to iFAST’s prevailing policies and procedures.
Please read our full disclaimers on the website at ( https://secure.fundsupermart.com/fsmone/policies/328125/investment-account-terms-&-conditions).
iFAST Financial Pte Ltd (IFPL) (registered address: 10 Collyer Quay #26-01 Ocean Financial Centre Singapore 049315, Telephone: 6557 2000) holds the Financial Advisers Licence issued by the Monetary Authority of Singapore ('MAS') to conduct regulated activities of advising on securities, marketing of collective investment schemes and arranging of any contract of insurance in respect of life policies, other than a contract of reinsurance and the Capital Markets Services Licence issued by the MAS to conduct regulated activities of dealing in securities and providing custodial services for securities. While IFPL has made every effort to ensure the independence of the report's contents, IFPL's nature of business is such that IFPL and its connected and associated entities together with their respective directors, officers and staff may be involved in providing dealing or investment-related services in the abovementioned securities, and have taken or may take positions in the securities mentioned in this report, and may also act as the principal for any buy or sell trades.