Referral Challenge Agreement

Effective as of April 13th, 2024

Referrals must be a new Bloom customer, must complete registration between 12:00 AM EST 4/13/2024 and 12:00 AM EST 4/20/2024 (the Promotional Period), each have a verified account in good standing, make their first successful deposit into a Bloom account between 4/13/2024 and 4/20/2024 (the Qualification Period), and maintain their account in good standing for at least 30 days from the last day of the Qualification Period. Bonuses will be invested within 30 days once Bloom verifies all eligibility criteria have been met. Referral awards are made at the sole discretion of Bloom. All referrals must be made in accordance with the Bloom Referral Agreement and Referral Promotion Terms and Conditions. Limit one Bonus per Referrer. 

Rewards for inviting friends to join Bloom are a limited time offer. Rewards are in the form of a one time cash journal into your Bloom Account. Once your friend has completed their first deposit into a Bloom Account and the friend’s account has been in good standing for at least 30 days from the end of the Qualification Period, Bloom will initiate a cash journal to your account within 60 days. To be eligible for the reward, the persons you refer must be new customers and be invited through an SMS invite through the Bloom app during the Promotional Period, and they must use your referral link when they sign up during the Promotional Period. The persons you refer must be tracked in the Bloom App. If someone you invite signs up as a new customer but is not tracked in the Bloom App, we may review these on a case-by-case basis. A new customer means a natural person who has never begun signing up for Bloom before. Customers must sign up for "18+" or "teen" accounts, not "parent" accounts, as "parent" accounts are subject to different referral conditions.

Bloom defines an account in good standing as a paying subscriber with a verified investment account with a linked funding source that is owned by the Referee for the account and a successful investment. Bloom reserves the right to restrict or revoke this offer at any time.  Bloom may provide other offers to other customers during the same promotional period. Your reward will be calculated based on the offer and promotional terms presented to you when you qualify to receive it.  You will only receive one referral reward, the one offered to you in the terms of this promotion, for each qualifying referral if there are multiple Bloom referral rewards offered during the same Promotional Period. Anyone who earns a reward under this promotion will only receive such reward if their Bloom subscription and each of their Bloom accounts are verified and in good standing with Bloom at all times between meeting the eligibility criteria and the time the reward is invested. Bloom, in limited cases and in its sole discretion, may waive certain reward eligibility criteria when a new customer does not meet all criteria during the promotional period.

Bloom reserves the right to restrict or revoke any and all offers at any time. Bloom reserves the right to request additional documentation for identity and/or bank account verification before issuing payments. Your reward will be calculated based on the offer and promotional terms presented to you when you qualify to receive it. You will only receive one referral reward, the one offered to you in the terms of this promotion, for each qualifying referral if there are multiple Bloom referral rewards offered during the same promotional period. Bloom is not responsible for any failure on your part to maintain your account in good standing or otherwise meet standards for qualifying for this promotion. This promotion only applies to referrals of new Bloom customers. For the avoidance of doubt, if either you or the customer you refer is ineligible for the reward under this promotion, neither party will receive the reward. Referral awards are made at the sole discretion of Bloom. All referrals must be made in accordance with the Bloom Referral Agreement. You can also receive additional rewards under other promotional offers that may be available at the same time as this promotion unless it is specifically excluded by such other promotion.