2.1 Eligibility
2.1.1 The Program is offered at the sole discretion of the Bank and is open to individual customers of the Bank maintaining saving accounts who have subscribed any of the digital products of the Bank (BankSmart XP, Debit Card, Credit Card or Prepaid Card) but will exclude corporate / Business customers and any other category of customers as the Bank may communicate from time to time.
2.1.2 The Program is available to individuals for their personal use only, subject to the provisions of these Terms and Conditions, and is limited to one participation per Customer, regardless of the number of bank accounts held with us. In case of multiple CIF linked with single user in Banksmart XP, the accrued points will be shown for each CIF separately. However, the redemption will be available only for primary CIF as defined in Banksmart XP.
2.1.3 Employees of the Bank and individuals employed by our business partners or vendors are eligible for membership for personal use only but may be excluded from certain benefits of the Program at the discretion of the Bank.
2.1.4 You should review these Program Terms frequently to understand the terms and conditions that apply to the Program as they may change from time to time. These Program Terms do not alter in any way the terms or conditions of any other agreement you may have with us, including any agreement for banking products or services.
2.1.5 By enrolling in the Program, you also agree to be bound by our website Privacy Policy and our website Terms and Conditions, which are incorporated herein by reference.
2.1.6 The Program is valid in LOCATION only.
2.2 Enrolment Procedure
2.2.1 If you are an Account Holder of NIC ASIA subscribing any of the digital products of the Bank (BankSmart XP, Debit Card, Credit Card or Prepaid Card),you are automatically entitled to get 'NIC Asia Reward’ loyalty points on your everyday banking activities. You do not need to further sign up in additional system to enroll in NIC Asia Reward Program. You can simply log NIC Asia BankSmart XP mobile app or web version to view and redeem your loyalty points.
2.2.2 Only one Program account may be associated with a NIC ASIA customer and a single mobile phone number. In the event of a dispute over ownership of the Program membership account, the participant will be deemed to be the authorized account holder of the NIC ASIA account submitted at the time of enrollment. For purposes of these Program Terms, the "authorized account holder" is the natural person who is assigned to the submitted Bank account.
2.2.3 Warranties Given by the Participant
In addition to complying with the provisions of these Terms and Conditions, you warrant to NIC Asia that:
The information given by you at the time of account opening is complete, true and accurate and that you will inform NIC Asia of any subsequent changes to such particulars.
You will not sell, barter or attempt to assign, transfer or deal with the NIC Asia Reward accrued otherwise than as authorized by these Terms and Conditions.
You will give to NIC ASIA such information as may be requested at NIC ASIA’s discretion in order to verify your entitlements under the Program or for any other purpose whatsoever.
You will not act in a manner likely to affect the good name of NIC ASIA.
You own or are authorized to use all NIC Asia accounts against whose usage NIC Asia Reward will accrue.
You consent to NIC ASIA sharing your information as per clause 6 below.