Promotion Terms – Eligible Loan Raiz Reward
Upon settlement of an Eligible Loan originated through Raiz Home Ownership Pty Ltd (Raiz Home Ownership), Raiz Home Ownership will make a one-time deposit of $300 into an eligible Active Raiz Investment Account of the borrower.

Raiz Home Ownership will then deposit $12.50 monthly into the same eligible Active Raiz Investment Account, commencing from the start of the second month of the Eligible Loan, for as long as the Eligible Loan remains with Raiz Home Ownership.

Raiz Home Ownership will also organise to plant one tree in Australia per month, by a Third Party Company, on behalf of the borrower, starting from the first month of the Eligible Loan, for as long as the borrower’s Eligible Loan remains with Raiz Home Ownership.

This offer will cease if the loan is repaid, refinanced or the balance drawn of the Eligible Loan falls below $10,000.

Raiz Home Ownership will only pay into one eligible Active Raiz Investment Account. There is only one Eligible Loan Raiz Reward per Eligible Loan. If there are joint borrowers on an Eligible Loan, the borrowers of the Eligible Loan must select one eligible Active Raiz Investment Account to receive the Eligible Loan Raiz Reward.
Raiz Home Ownership – Terms & Conditions
  1. If you have signed-up for, and maintain in good standing, an Active Raiz Investment Account, from time to time certain Raiz Home Ownership promotions may be available to you.
  2. Details of all current Raiz Home Ownership Promotions that are open to eligible participants from time to time - being customers who have an Active Raiz Investment Account will be set out at the Raiz Home Ownership page within the App including the relevant Participation Terms for each Raiz Home Ownership Promotion. An Active Raiz Investment Account is an account which has a positive balance and where you are paying a monthly account fee and/or a monthly maintenance fee.
  3. By participating in a Raiz Home Ownership Promotion, you agree to comply with the Participation Terms for that Raiz Home Ownership Promotion (which will be incorporated into and form part of this Agreement). You should carefully read the Participation Terms for each Raiz Home Ownership Promotion along with the terms and conditions of this Agreement and the Raiz Privacy Policy before participating and if you do not accept those terms, you should not participate in the Promotion.
  4. Each Raiz Home Ownership Promotion runs for a limited term only, as set out in the relevant Participation Terms (the Promotion Term).
  5. Notwithstanding any other provision of this Agreement, Raiz may terminate, cancel or amend all or any portion of any Raiz Home Ownership Promotion at any time by amending the details of the Raiz Home Ownership Promotion on the Raiz Home Ownership page within the App. Advance notice will be provided (via the Raiz Home Ownership page within the App) where possible. However, you acknowledge that the Raiz Home Ownership Promotions are at times offered by Third Party Companies and therefore there may be circumstances where Raiz is unable to provide advance notice of such changes.
  6. During the Promotion Term of a Raiz Home Ownership Promotion, and you sign-up for an eligible loan (Eligible Loan) from a specified Third Party Company (Third Party Company), the Third Party Company will contribute an amount of money (Customer Benefit) for investment into your Active Raiz Investment Account as set out in the Participation Terms for that Raiz Home Ownership Promotion, provided you meet all eligibility requirements as set out in the Participation Terms.
  7. During the Promotion Term of a Raiz Home Ownership Promotion, if you successfully sign-up for a loan with Raiz Home Ownership (Eligible Loan), Raiz Home Ownership will contribute an amount of money (Customer Benefit) for investment into your Active Raiz Investment Account, as set out in the Participation Terms for that Raiz Home Ownership Promotion, provided you meet all eligibility requirements as set out in the Participation Terms.
  8. During the Promotion Term of a Raiz Home Ownership Promotion, a Third Party Company may pay an amount to Raiz Invest Limited for promoting the Raiz Home Ownership Promotion, which may be a flat amount of money or an amount of money which is a percentage of an Eligible Purchase.
  9. The Participation Terms for a Raiz Home Ownership Promotion will set out details of what constitutes an Eligible Loan sign-up for that Raiz Home Ownership Promotion. An Eligible Loan sign-up may, for example, be signing up to of a particular loan from the Third Party Company. An Eligible Loan Sign-up may be limited to Loans that occur in certain fact scenarios only (for example, only in certain locations). You may therefore not be eligible for all Raiz Home Ownership Promotions. You should carefully check the Participation Terms for the Promotion to determine whether you are eligible.
  10. Raiz Home Ownership will only pay into one eligible Active Raiz Investment Account. There is only one Eligible Loan Raiz Reward per Eligible Loan. If there are joint borrowers on an Eligible Loan, the borrowers of the Eligible Loan must select one eligible Active Raiz Investment Account to receive the Eligible Loan Raiz Reward.
  11. The Participation Terms for a Raiz Home Ownership Promotion will specify the amount of the Customer Benefit, or the means by which the amount will be calculated, and any other relevant details regarding payment of Customer Benefits. The Customer Benefit is only for investment in your Active Raiz Investment Account and may not be received by you in cash or in any other form. Raiz will receive all such Customer Benefits if paid by a Third Party Company on your behalf and, once a Customer Benefit is received from the Third Party Company, will process such payment into your Active Raiz Investment Account as soon as reasonably practicable. Please be aware that there will be a delay between when you sign-up for the Eligible Loan, and when the Customer Benefit appears in your Active Raiz Investment Account.
  12. If the Customer Benefit is paid by a Third Party Company, not by Raiz, then Raiz has no control over the Third Party Company’s payment of this amount. To the full extent permitted by law, Raiz excludes all liability in connection with any delay or failure by the Third Party Company to pay you any Customer Benefit.
  13. The right to participate in a Raiz Home Ownership Promotion is not transferable to any other person.
  14. Any link to a Third Party Company’s website or associated third party website is a Linked Site for the purposes of this Agreement and subject to the provisions dealing with Linked Sites.
  15. Raiz is not a party to the contract formed between you and a Third Party Company of an Eligible Loan Sign-up, and to the full extent permitted by law hereby excludes all liability in connection with Eligible Loans or any other transaction or engagement between you and the Third Party Company. In addition, to the full extent permitted by law, Raiz excludes all liability that arises if you are unable to participate in a Raiz Home Ownership Promotion due to an issue encountered with the Third Party Company (such as a fault or issue with the Third Party Company's payment system, or a withdrawal of the Raiz Home Ownership Promotion by the Third Party Company).
  16. To the extent that you believe that a Third Party Company has failed to pay you a Customer Benefit that you are entitled to, you may notify Raiz on support@raizinvest.com.au or on 1300 754 748. Raiz will, upon timely receipt of any such notice, contact the Third Party Company regarding payment of the Customer Benefit, and undertake reasonable investigations. Raiz decision (or if appropriate, the Third Party Company’s) in respect of such matter will be final and binding.
  17. In order to be able to participate in a Raiz Home Ownership Promotion, it may be necessary in some instances to activate certain settings on your mobile device or website (e.g. to allow cookies). If you are unable to access a Raiz Home Ownership Promotion please contact us at support@raizinvest.com.au or on 1300 754 748.
  18. If you wish to opt-out from participating in all Raiz Home Ownership Promotions, please contact Raiz at support@raizinvest.com.au, or you can turn-off Raiz Home Ownership Promotions by following the instructions in the App.
  19. No licence is granted to you under this Agreement to any Third Party Company branding or logos, or to any other branding or logos relating to products of any Third Party Company, associated with a Raiz Home Ownership Promotion.
  20. Raiz may withdraw or cancel the Raiz Home Ownership Promotion at any time in its absolute discretion. In addition, Raiz may suspend the Raiz Home Ownership Promotion if Raiz forms the reasonable view that any fraud, tampering or other gaming is occurring in connection with the Raiz Home Ownership Promotion, or may suspend your access to the Raiz Home Ownership Promotion if Raiz forms the reasonable view that you are involved in such activities.
For Terms & Conditions regarding the Raiz App and Raiz Invest, please see https://raizinvest.com.au/terms