LookCard Pizza Day Special Campaign
Terms & Conditions

These Terms and Conditions (“Terms”) govern the LookCard Pizza Day Spacial Campaign (“Campaign”) organized by Lookcard Limited (“LookCard”, “we”, “our”, “us”). By participating, you (“Participant”, “you”, “your”) confirm that you have read, understood, and agreed to comply with these Terms, including all compliance and regulatory obligations.

1. CAMPAIGN PERIOD
This Campaign is valid from May 23rd 2025 at 00:00 to May 31st 2025 at 23:59 (GMT+8), inclusive.

2. ELIGIBILITY
2.1. The Campaign is open to two groups:

a) NEW USERS
Refer to individuals who apply for, activate a lookcard.io platform account and unlocked the LookCard+ Visa Credit Card during the Campaign period.
b) EXISTING USERS
Refer to individuals who hold an active lookcard.io account and credit card in good standing as of the start date of the Campaign period.

2.2. All participants must be at least 18 years old and meet LookCard’s mandatory KYC (Know Your Customer) and AML (Anti-Money Laundering) requirements. Accounts that fail to pass verification, screening, or regulatory checks will not be eligible for promotional benefits.

3. CAMPAIGN OFFERS
3.1. Activation Fee Offer (New Users Only)

a) For new users, a minimum initial deposit of USD 100 is required. Upon activation, an activation fee of USD 50 will be automatically deducted from the user’s current account wallet. The remaining balance from the initial deposit will be automatically transferred into the credit limit wallet, making it immediately available as the user’s credit limit for spending.
b) Only the first deposit made by a new user will be eligible for automatic credit limit transfer. Any subsequent deposits, regardless of amount, will remain in the current account wallet and will not be automatically converted into credit limit wallet.

Illustration Example:

ACCOUNT HOLDER A
[Initial Deposit: USD 100]

  • Deposit Admin Charge: WAIVED
  • Activation Fee: -USD 50 (automatically deducted upon activation)
  • Balance Transferred to Credit Limit Wallet: USD 50
  • Credit Limit obtained upon activation: USD 50

Subsequent Deposit: USD 500

  • Deposit Admin Charge: WAIVED
  • 100% of the deposited amount remains in the Current Account Wallet

ACCOUNT HOLDER B
[Initial Deposit: USD 1,000]

  • Deposit Admin Charge: WAIVED
  • Activation Fee: -USD 50 (automatically deducted upon activation)
  • Balance Transferred to Credit Limit Wallet: USD 50
  • Credit Limit obtained upon activation: USD 950

Subsequent Deposit: USD 500

  • Deposit Admin Charge: WAIVED
  • 100% of the deposited amount remains in the Current Account Wallet

c) The activation fee is non-refundable and charged on a one-off basis at the time of activation.
d) During the Campaign period, all deposit administrative charges are fully waived; applicable for new and existing users of lookcard.io platform.
e) The LookCard+ Visa Credit Card must remain active for at least six (6) months after activation. The collateral amount cannot be withdrawn during this period. Early termination will result in a penalty of 30% of the collateral amount, as specified in the standard Terms and Conditions.

3.2. Celebrate Bitcoin Pizza Day — Get 5% Extra Cashback!

a) All participating users (both new and existing) will receive 5% cashback on eligible dining and food delivery transactions conducted using LookCard+ Visa during the Campaign Period.
b) The cashback is capped at USD 22 per account for the entire Campaign Period.

4. ELIGIBLE AND EXCLUDED TRANSACTIONS

4.1. Eligible transactions include spending at restaurants, cafes, fast food outlets, and food
delivery platforms, provided they fall under merchant category codes (MCCs) classified as “food and beverages” or “dining” by Visa and LookCard.
4.2. Excluded transactions include purchases of gift cards, vouchers, or coupons; non-dining- related spending; canceled, refunded, or fraudulent transactions, and transactions outside eligible MCCs.

5. CASHBACK MECHANIC

5.1. Cashback will be calculated at 5% of total eligible spend and is capped at USD 22 per account for the Campaign Period.
5.2. Cashback will be released within thirty (30) business days after the Campaign ends, subject to verification, and will be applied either to offset outstanding balances or as a statement credit.
5.3. LookCard reserved the right to claw back cashback if any eligible transactions are later cancelled, refunded, or reversed.

6. COMPLIANCE AND REGULATORY DISCLAIMER

6.1. LookCard operates in accordance with applicable financial services regulations and is committed to complying with all KYC, AML, and Counter-Terrorist Financing (CTF) requirements.
6.2. Participation in this Campaign is subject to account verification, transaction monitoring and compliance review. LookCard reserves the right to disqualify any participants or withhold promotional benefits if suspicious, non-compliant, or fraudulent activity is detected.
6.3. LookCard may disclose participant information to relevant regulatory authorities if required by law.

7. GENERAL TERMS

7.1. All amounts are stated in USD.
7.2. Each participant is limited to one (1) eligible lookcard.io account. Multiple accounts or attempts to circumvent the terms will result in disqualification.
7.3. Cashback, credits and rewards under this Campaign are non-transferrable, non- exchangeable, and cannot be redeemed for cash.
7.4. LookCard reserves the right to amend, suspend, or terminate the Campaign or these terms at its discretion, subject to regulatory approval if required.
7.5. In the event of any inconsistency or conflict between the English version and the Mandarin version of these Terms, the English version shall prevail and be considered the official and binding version.

8. LIMITATION OF LIABILITY

8.1. LookCard shall not be held liable for any loss, damage, cost, or expense arising from participants in the Campaign, including but not limited to technical failures, system errors, transaction delays, or third-party service issues.
8.2. LookCard makes no guarantees regarding the quality, availability, or performance of third- party merchants or service providers involved in transactions.

9. GOVERNING LAW AND JURISDICTION
These Terms are governed by the laws of the Hong Kong Special Administrative Regions (HKSAR), and any disputes shall fall under the exclusive jurisdiction of the courts of Hong Kong.

10. CONTACT AND SUPPORT
For questions or assistance, please contact our Customer Engagement Team. Email: support@lookcard.io