OFFICIAL RULES
Eligibility: The Vault Payments Inc. (“Vault”) December Cash Back Promotion (the “Promotion”) is open to Canadian businesses who meet all of the following criteria:
The participant must sign up with Vault after December 1, 2024, 12:01 AM Eastern Time (ET)
The account must be approved by Vault before December 31, 2024, at 11:59 PM Eastern Time (ET).
Existing customers who signed up before December 1, 2024, or previously closed accounts with Vault are not eligible.
The participant must have an active Vault account in good standing during the Promotion Period.
Promotion Period: The Promotion begins on December 1, 2024, 12:01 AM Eastern Time (ET), and continues for 1 month until December 31, 2024, 11:59 PM Eastern Time (ET).
Promotion Details: Participants will earn 4% cash back on eligible business-related purchases made during the Promotional Period, subject to the following conditions:
Cash Back Rate:
The 4% cash back rate includes Vault’s standard 1% cash back plus a 3% promotional bonus for purchases made during the Promotional Period.
Spending Cap:
The Cash Back Rate applies to eligible purchases up to a total of $1,000,000 CAD during the Promotional Period. There is no minimum spend amount required.
Reversion to Regular Rate:
The Cash Back Rate will revert to Vault’s standard cash back rate as outlined in the Terms and Conditions applicable to all Vault customers as of January 1, 2025 12:00AM
Excluded Categories:
Purchases related to alcohol, tickets, reselling, gambling, or other excluded categories do not qualify for cash back.
Bonus cash back will not be awarded for transactions categorized under ineligible Merchant Category Codes (MCCs), including but not limited to:
Financial services.
Insurance.
Utilities.
Government services.
Theatrical producers, ticket agencies, and quasi-cash transactions.
This list is subject to change at Vault’s sole discretion without prior notification.
Cash Back Payments:
Cash back payments will be made on the 5th of the month following the month in which the purchases were made.
For example, cash back for purchases made in December 2024 will be credited on January 5, 2025.
General Conditions
Compliance with Rules:
By participating in the Promotion, participants agree to be bound by these Official Rules and the decisions of Vault, which are final and binding in all matters relating to the Promotion.
Disqualification:
Vault Payments Inc. reserves the right, at its sole discretion, to disqualify any individual or business found to be tampering with the entry process, violating these Official Rules, or any Terms and Conditions applicable to all Vault customers.
Proof of Eligibility:
Vault Payments Inc. may request proof of eligibility, including but not limited to:
Proof of new customer status.
Proof of account approval date.
Proof that the account is used for business-related spending.Failure to provide satisfactory proof may result in disqualification from the Promotion.
Modifications, Termination, and Limitations:
Vault Payments Inc. reserves the right to modify, suspend, or terminate the Promotion at any time, for any reason, without prior notice or liability. Vault also reserves the right to alter the cash back rates, promotional period, spending caps, and eligible or excluded categories at its sole discretion. Any modifications or termination of the Promotion will be communicated to participants promptly via email and/or through the Vault website.
Governing Law:
The Promotion and these Official Rules are governed by the laws of the Province of Ontario and the federal laws of Canada applicable therein.