Aspire US - YC Startup Rewards Terms

These Aspire US YC Startups Rewards Terms (“Referral Terms'') are incorporated into and made a part of the Aspire Terms of Service between you and AFT US LLC (“Aspire”). These Referral Terms apply to Aspire’s US Referral Rewards Program (the “Program”). By participating in the Program, you agree to be bound by these Referral Terms, the Aspire Terms of Service, Acceptable Use Policy, Privacy Policy and any other agreements with Aspire or its affiliates (combined, the “Terms”).

Aspire may update these Referral Terms with or without notice to you by posting an updated version of these Referral Terms at any time. Reward bonus payouts as further defined below as “Referred Rewards”, and interchangeably “Rewards”, are subject to changes, including elimination, at any time. Continued participation in the Program, which is reflected by continued use of the Aspire Secured Commercial Charge Card and Aspire DDA Account, after any change, constitutes your agreement to be bound by any such changes. Some Rewards may have additional terms and conditions.

You are not obligated to participate in the Program and may opt out of the Program by emailing us at support@aspireapp.com.

1. Eligibility Criteria

1.1

Eligibility for The Program

To be eligible for the Program, your Aspire DDA Account must be open and in good standing. Any additional accounts opened with Aspire, such as the Aspire Secured Commercial Charge Card, must also remain in good standing. If your Aspire DDA Account is not in good standing for any reason, or we determine in our sole discretion that you are abusing or misusing the Program or have otherwise violated any Terms, you will no longer be eligible for the Program. We may condition, restrict, limit, or revoke Rewards in our sole discretion.

Eligible business customers who are referred to Aspire US (“Referred Business”) that meet certain eligibility requirements as described below, may be eligible to receive a Reward payout. A “Referred Business” is a business that meets the following criteria:

The business has not previously registered with Aspire US or any Aspire affiliate (Singapore, HK, etc.);
The Referred Business must register with Aspire using the Referrer’s unique code or specific log-in link. This is critical so we can track you, as a Referred Business; and
Complete all required “Qualifying Event(s)”
- The Referred Business must successfully complete the verification and onboarding process within 30 days of starting their application; and
- The Referred Business must complete any additional Campaign-Specific Requirements (defined below) like holding a minimum balance or spending a minimum amount via card.

Verbal referrals will not be accepted. Aspire reserves the right, in its sole discretion, to determine the original lead source.

1.2

Referred Bonus Payout Rewards

Referred Businesses that complete all Qualifying Events will earn a referral bonus (“Referred Reward“). Referred Reward amounts will vary, depending on the referral campaign that is in effect at the time of the referral.

Referred Rewards will be credited to the Referred Business’s primary Aspire DDA Account, typically after 90 days of the account opening.

Aspire may withhold Referred Rewards if it believes there was an error.

1.3

Tax Considerations

Businesses are solely responsible for reporting and remitting all taxes in connection with Rewards received in connection with the Program. However, businesses that earn $600 USD or more per year in Rewards will be required to provide additional tax documents to Aspire, as those payouts may be deemed miscellaneous income (ie. requiring a 1099-MISC filing). As such, Aspire might be required to send to businesses and file with the IRS and other relevant tax agencies, relevant tax documents (1099-MISC or Form 1042-S) and may do so via a third party service provider.

Businesses that fail to provide applicable tax documents may be limited to earning less than $600 in bonus payouts per calendar year.

Aspire does not provide any tax advice and businesses are responsible for any tax liability related to participation in the Program.

1.4

Campaign Specific Requirements

Campaign-specific requirements for YC Startups Rewards Terms include:

No	Reward	Reward Requirement
1	$5,000 Cash rebate	Referred business must deposit a minimum $500,000 to their Aspire DDA Account within the first 30 days of account opening. Referred business must hold a minimum of $50,000 in their Aspire DDA Account for 60 consecutive days within the first 90 days of account opening.
2	Reimbursed currency exchange fees for the first $100,000	Referred business will get a cash refund of the currency exchange fees for either the first $100,000 of currency exchange or for the first 90 days of account opening, whichever requirement is met first.
3	Supercharged 5% cashback for the first $15,000 card spend	Referred business will get 5% cashback for the first $15,000 card spend, within the first 90 days of account opening. Unlimited 1.5% cashback on all spend transactions thereafter.
4	One year of Aspire Accounting (worth $2,500)	Referred business will get one year complimentary subscription of Aspire Accounting (up to 10,000 in monthly expenses).
5	Additional $2,000 cash for each affiliated entity account of the YC startup that is onboarded to Aspire	Affiliated entity (either shared parent company or subsidiary) must onboard within 90 days of the YC startup onboarding to Aspire. *Aspire can onboard companies from Australia, China, Cook Islands, India, Hong Kong, Indonesia, Japan, Malaysia, Maldives, Mongolia, New Zealand, Philippines, Singapore, South Korea, Sri Lanka, Taiwan, Thailand, Vietnam

2. Definitions

2.1	Modifications and Termination of the Program Aspire reserves the right to modify these Referral Terms or terminate the Program at any time, in its sole discretion, without notice. If the Aspire Terms of Service are terminated, these Re Terms will also immediately terminate.
2.2	Release of Liability To the maximum extent permitted by law, you agree to release Aspire from all liability for your participation in the Program. You further agree to release Aspire from liability for third party claims in accordance with these Referral Terms.
2.3	Severability and Survival If any provision of these Referral Terms is found to be invalid, unlawful, void, or unenforceable, the Referral Terms’ remaining provisions shall remain in full force and effect.
2.4	Waiver You agree that if Aspire does not enforce any of its legal rights or remedies under these Referral Terms, or any other legal rights or remedies Aspire has under applicable laws, it shall not be construed as a waiver of those rights or remedies or any other rights in any way whatsoever.
2.5	No Issuing Bank Involvement You understand and agree that these Referral Terms are solely between you and Aspire and that the Program is offered and administered by Aspire and not any other third party, including the issuing bank of the Aspire Secured Commercial Card and the bank provider of the Aspire DDA account. You understand and agree that any and all disputes related to the Program or any losses associated with your participation in the Program are to be resolved between you and Aspire, and not the issuing bank of the Aspire Secured Commercial Card and the bank provider of the Aspire DDA account.
2.6	Disputes or Errors You are responsible for making sure the Rewards reflected in your Aspire DDA Account are correct. If you believe your earned Rewards are not reflected accurately, you must contact Aspire’s customer support team at support@aspireapp.com. You must notify Aspire of any errors or discrepancies within 60 days of such information being made available, i.e., reflected on your Aspire DDA Account balance. If error notification is not made within 60 days, You forfeit the right to contest Rewards earned, except to the extent such forfeiture is prohibited by applicable law.

3. Restrictions

You must not promote Aspire or distribute referral links through any of the following without Aspire’s prior written consent: (a) traffic sources involving bots or incentivized clicks (b) discount code or affiliate coupon websites; (c) paid advertising (e.g., Google Ads, Facebook Ads, retargeting platforms).
Referral links are intended solely for non-commercial use. Any commercial use of your referral link requires prior written approval from Aspire.
Referral links may only be used by you directly and may not be transferred, sold, or posted on any third-party websites, blogs, social media accounts, platforms not directly controlled by you, or distributed via any channel promoting illegal, fraudulent, misleading, or deceptive activities.