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• Terms & Conditions for Modak $25 Giveaway Promotion

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created

Nov 21, 2023

LAST UPDATED

Nov 21, 2023

Introduction

These Terms and Conditions govern the Modak $25 Giveaway Promotion (the “Promotion”). By participating in this Promotion, you agree to these Terms and Conditions.

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Eligibility

  • The Promotion is open only to recipients of the survey invitation email sent by Modak on 11/21/2023.
  • Participants must have an active Modak account with a valid email address associated with it.

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Promotion Period

  • The Promotion begins on 11/21/2023, when the survey invitation email is sent.
  • Participants must complete and submit the survey by 11/26/2023 to be eligible for the giveaway.

Survey Participation

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  • To enter the giveaway, eligible participants must complete the survey sent to them via email.
  • Only one entry per person is permitted. Multiple entries from the same person will result in disqualification.

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Giveaway Draw

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  • The giveaway draw will take place on 11/27/2023.
  • The winner will be selected randomly from all eligible entries received using Modak's internal randomizer tool.

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Prize

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  • The winner of the giveaway will receive $25, credited to their Modak account.
  • The prize is non-transferable and cannot be exchanged for cash or other alternatives.

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Winner Notification

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  • The winner will be notified via the email associated with their Modak account on 11/27/2023.
  • If the winner is unable to receive their reward due to a blocked or canceled account, Modak reserves the right to withdraw the prize and randomly select a replacement winner using the internal randomizer tool.

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Prize Distribution

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  • The $25 prize will be deposited into the winner’s Modak account within 2 business days of announcing the winner.

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General Conditions

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  • Modak reserves the right to cancel or amend the Promotion and these Terms and Conditions without notice in the event of any unforeseen circumstances or outside the reasonable control of Modak.
  • By entering this Promotion, an entrant is indicating their agreement to be bound by these Terms and Conditions.

Liability and Disputes

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  • Modak is not responsible for entries not received for whatever reason.
  • Any disputes relating to this Promotion will be subject to the exclusive jurisdiction of the courts of the state in which Modak operates.

Contact Information

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For any inquiries regarding the Promotion, please contact Modak at hi@modakmakers.com.

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Deposit account and the Modak Visa® debit card issued by Legend Bank, N.A., FDIC-Insured.

Modak is a financial technology company and not a FDIC insured financial institution.

Funds deposited into a Deposit Account may be eligible for up to $250,000 of FDIC insurance.

The FDIC’s deposit insurance coverage only protects against the failure of an FDIC-insured depository institution.


(*) Fees for expedited or premium services may apply. See  for applicable fees.  Find out more in our Cardholder Agreement
(1) Deposit account and the Modak Visa® debit card issued by Legend Bank, N.A., FDIC-Insured.
(2) For more information about MBX, visit our MBX Policy.
(3) The savings goals feature is intended to assist you in planning and tracking your savings progress. It does not imply or guarantee any interest earning.
(4) For more information about this study, click here.
(5) Modak Scratch 'Em All feature Terms and Conditions apply.
(6) $6 Welcome bonus. Terms and conditions apply.
(7) The MBX Rewards Program allows all customers, whether they have a Card or not, to earn MBX through eligible activities such as completing challenges, using the walking feature, or making purchases. However, only customers with a Card can redeem MBX for monetary rewards. A minimum balance of 100 MBX (approximately $1.00 USD as of January 2025) is required for redemption, though the value is subject to change and not guaranteed; for details, visit MBX Policy. No minimum balance is required to open an account, and redemption of MBX into USD is processed instantly upon meeting the MBX minimum balance requirement. This program does not accrue interest and (0.00% Annual Percentage Yield (APY)) applies.
(**) Welcome Bonus and Referral program terms and conditions apply.
(8) Roblox Reward applies only after ordering the physical debit card and using the code ¨Roblox¨ during the sign up process. Learn more in the Terms and Conditions.
(9) The savings pocket is designed to help you manage your savings goals. A Modak boost is applied only to eligible funds. Terms and conditions apply.
(10) This review was sourced from the App Store, where customers voluntarily shared their experiences. Individual results may vary. This testimonial reflects the opinion of one customer and is not a guarantee of future performance. App Store ratings as of April 15th, 2025.

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