Last Updated: 02/18/2022
Referral Program Terms
Nearside Account Holders and their new referrals will each receive $50 cash back after the new referral spends $100 on their Nearside Debit Mastercard within the first 30 days of Account opening.*
All referrals made through the Nearside Referral Program (“Program”) are subject to and governed by the following Terms and Conditions (“Terms”).
Offer. Each eligible Nearside Account Holder in good standing, (referred to hereinafter as “You” or “Your”) will receive from Nearside (“We” or “Us”) a $50 Referral Bonus ("Bonus") for each account application you successfully refer, after the referral fulfills the eligibility requirements, up to a Program Bonus maximum of $550.00 (Five Hundred and Fifty USD). Your referral will also receive $50 cash back upon fulfillment of the eligibility requirements. Eligibility. This Program is available to Nearside Account Holders who have an open account in good standing. A “successful referral” is a new customer who is a) approved for a Nearside Account, and thereafter b) spends $100 or more on their Nearside Debit Card within the first 30 days of Account approval. Program Details. The number of Referral Bonuses you can receive are limited. We may in our sole discretion cancel, change, amend, modify, or restrict the Program, or any aspect or features of it, at any time, without prior notice, for any reason or no reason. You are deemed to be aware of and bound by such changes by your continued access to or participation in the Program. All interpretations of the Program, Terms, and Offer will be determined by us in our sole discretion, and our decision is final. You agree that we may contact you by e-mail, using any email address you have provided to us or that you provide to us in the future. You are solely responsible for maintaining secure access to your email account, and for updating us in the event you change your e-mail address. Your participation in this Program may result in the receipt of taxable income from Nearside and we may be required to send to you, and file with the IRS, a Form 1099-MISC. You are responsible for any tax liability, including disclosure requirements, related to your participation in this Program. Please consult your tax advisor if you have any questions about your personal tax situation. Program Restrictions & Limitations. You cannot earn a Referral Bonus by referring a current Account Holder or by referring someone who has been referred by another eligible Account Holder. If two or more eligible Account Holders refer the same individual, we will credit the eligible Account Holder whose referral link was used to complete the account application. By participating in this Program, you agree to refer only your personal friends, family, and known acquaintances. You may send your referral link to your friends via text message or social media. By sending the link via text message, you are representing that you have consent to send text messages to each recipient. No other method of transmitting or sharing your referral link is permitted. Any statements you make regarding the Nearside Account and this Program and Offer must be truthful and not misleading, and must include that you will receive a Referral Bonus for successful referrals. You also acknowledge and accept that anyone you refer will be able to tell that you are a Nearside Account Holder. Any violation or abuse of this Program may result in the forfeiture of the Referral Bonus and/or your termination or suspension from participation in the Program.