What is the Holiday 2021 Cash back Promo?
The Holiday 2021 Cash Back Promo (the “Promo”) allows eligible investors to earn up to 2% cash back bonus of the total investment commitments made in Payment Dependent Notes (the “Notes”) between December 1, 2021 and December 31, 2021 (Eastern time).
The cash back amount will be calculated based on the commitments made during December 2021:
- $10 to $10,000 = 1% bonus
- $10,001 to $50,000 = 1.5% bonus
- Greater than $50,000 = 2% bonus
Example 1: You have $10,000 currently available in your goPeer wallet, and commit $6,000 into various Notes on the platform during December 2021. You will earn 1% on the $6,000 for a total cash back bonus of $60.
Example 2: You transfer $95,000 in your goPeer wallet, and commit $85,000 into various Notes on the platform during December 2021. You will earn 1% Cash Back bonus on the first $10,000, 1.5% Cash Back on the following $40,000, and 2% Cash Back on the remaining $35,000. The total cash back bonus earned in this example is $1,400, as detailed below:
- ($10,000 * 1%) = $100
- ($40,000 * 1.5%) = $600
- ($35,000 * 2%) = $700
Total Cash Back earned: $1,400
How and when will I receive the Cash Back?
The Cash Back will be deposited directly into your goPeer wallet. You will receive your cash back bonus as the notes activate on the platform. You may choose to withdraw your cash back bonus or reinvest at no additional cost and no restrictions.
Which investments apply? Is there a maximum or a minimum investment amount?
Any note commitments made through the goPeer platform during the month of December 2021.
The loans must be funded and activated in order to receive the cash back bonus. Any loan or Notes that are canceled or withdrawn are not eligible for the Promo.
Any changes made to your Note commitments outside the promotional period will void the bonus benefit.
Example: You committed $1,000 into a particular note on December 28th, 2021. A few days later, on January 4, 2022, you increase your commitment to $1,500. You will not be eligible to any bonus from the Promo on that Note, as the new commitment fell outside of the Promo period. To avoid this, please ensure your investment commitment decisions are final prior to the end of December 2021.
Please note that if you cancel your investment after the Promo period, you will lose the promotional benefits, even if you decide to reinvest into that same loan.
The minimum investment requirement is $10 per Note. There is no investment maximum threshold. The Promo is available for all Notes listed for funding on the goPeer platform.
Who is eligible for the promotion?
The Promo is available to persons that have a verified investor account in good standing with Peer Securities Corporation, and for whom such Notes are a suitable investment as per securities regulations.
This promotion begins on December 1, 2021 and ends on December 31, 2021 (Eastern time).
goPeer does not provide investment advice and does not hereby recommend any investments.
goPeer reserves the right to amend, withdraw or restrict the Promo and/or these terms and conditions at any time without notice. goPeer is the sole arbiter of these rules and any other issue arising under the Promo. If goPeer suspects fraudulent or abusive behaviour, inappropriate, offensive or derogatory language, gaming of the system or a violation of these terms, goPeer reserves the right to remove the Promo including the bonus and take any other action it deems appropriate including, but not limited to, closing the account. An invitation to participate in this offer does not provide assurance that you will be accepted as a verified or suitable investor on the goPeer platform.