INSTAREM BUSINESS CARD CASHBACK PROMOTION – TERMS & CONDITIONS

1. This Instarem Business Card Cashback (“Promotion”) is organised by Nium Pte. Ltd. and its affiliated entities (collectively, “Instarem”). The Terms and Conditions set out herein (“Terms”) govern this Promotion.
2. Please read the Terms carefully before participating in this Promotion. By participating in this Promotion, you agree and consent to be bound by these Terms and to receive notifications from Instarem regarding the Promotion.

WHAT IS THE PROMOTION?

3. This Promotion starts on 1 October 2025 at 00:00 SGT and ends on 31 December 2025 at 00:00 SGT (“Qualifying Period”).
4. Subject to the Terms herein, participants who make an Instarem Business card transaction will be eligible for 5% cashback on a monthly basis (capped at SGD 130) for every SGD 1 spent using the Instarem Business Card under the below Merchant Category codes (or foreign currency equivalent converted to SGD and rounded down to the nearest SGD) (“Qualifying Spend”):

   MCC	Description	Merchant Examples
   MCC 3000-3299, 4511, 4582	Major Airlines	Singapore Airlines
   MCC 3500-3999 & 7011	Major Hotels	Accor Hotels
   MCC 4722	Online Travel Agency	Booking.com
   MCC 7311	Advertising Services	Google Ads, Facebook Ads, LinkedIn Ads
   MCC 5734	Computer Software Stores	Microsoft, Oracle
   MCC 5817, 5818	Digital Goods – Applications, Large Digital Goods Merchant	Canva, Google Workspace, Apple, Microsoft 365
   MCC 7399	Business Services (Not Elsewhere Classified)	HubSpot, SurveyMonkey, Typeform
   MCC 7372	Computer Programming, Integrated Systems Design, Data Processing	AWS, Google Cloud, Azure
   MCC 4816	Computer Network / Information Services	Cloudflare, Zoom, Slack

   *MCCs are assigned by payment card organisations (e.g. Visa, MasterCard). Instarem does not have a say in the assignation of these codes. A merchant’s registered MCC may not always correspond with its nature of business.

   1. The Qualifying Spend is for at least SGD 1 (or foreign currency equivalent).
   2. The transaction does not constitute a refund, chargeback or fall under any of the merchant category codes set out here: https://www.instarem.com/help-personal/mcc-exclusions/;
   3. Transaction date is based on Singapore Time (UTC +08:00) and must be posted during the Promotion Period to count as Qualifying Spend.
5. To qualify for cashback under this Promotion, a minimum spend of SGD 10,000 cumulative is required. This cumulative minimum spend will be applicable across all Instarem Business Cards issued to a company during the Qualifying Period.
6. Cashback is paid on the 25th of the following month after the end of a quarter based on calendar year. We will credit all cashback you are entitled to receive to your Instarem Business Card Wallet on the 25th of the following month after the end of the relevant quarter. For example, we will credit all cashback payable to you between October to December 2025 to your Instarem Business Card Wallet by the 25th of January, 2026.
7. To qualify as a participant in the Promotion, you must, during the Qualifying Period in Singapore:
   1. be at least 18 years of age;
   2. own a registered and approved corporate Instarem account; and
   3. have a registered and approved Instarem Business card.

OTHER TERMS AND CONDITIONS

8. Instarem may at its sole and absolute discretion at any time and without prior notice to you: (a) amend or vary the Terms; (b) forfeit, disqualify or refuse to allow any user to participate in the Promotion without having to provide any reasons or justifications; and/or (c) modify, withdraw or discontinue, temporarily or permanently, the Promotion or any part thereof. Instarem is not obliged to provide any reason, explanation, or clarification to anyone, regardless of their participation in the Promotion.
9. Any decision made by Instarem in relation to the Promotion shall be final and conclusive and any request for appeal review shall not be entertained.
10. Instarem will not be liable or responsible for any issues with any network, software provider or any technical limitations or breakdown that adversely affect your participation in the Promotion.
11. Instarem will not be liable or responsible to you for any claims of loss or damage including loss of business, revenue or profits, or any indirect or consequential loss whatsoever, arising out of or in connection with your participation in the Promotion.
12. Any collection, use and disclosure of your personal data for this Promotion will be in accordance with Instarem’s privacy policy, a copy of which may be accessed on the Instarem app or https://www.instarem.com/info/all-policies.
13. The terms and conditions relating to the use of the Instarem account, InstaPoints and the Instarem amaze card continue to apply and are incorporated by reference herein, a copy of which may be accessed on the Instarem app or https://www.instarem.com/info/all-policies.
14. In the event of any inconsistency or discrepancy between these Terms and the contents of any brochure, marketing and/or promotional materials relating to the Promotion, these Terms shall prevail.
15. These Terms shall be governed by the law of Singapore and all participants agree to submit to the exclusive jurisdiction of the courts of Singapore.