Savings Club Terms

Effective Date: 7/19/2025

1. Overview

Allpree operates a savings club where members earn structured savings on select voucher purchases. By purchasing a voucher through Allpree, you agree to the terms below governing eligibility, timing, and payout of accumulated savings.

2. Voucher Purchase & Price Uplift

• Allpree vouchers are sold at a 25% price uplift.
• Example: A J$20,000 voucher is sold for J$25,000.
• The voucher face value (J$20,000) is immediately loaded onto your Allpree Gift Card for use in-store.
• The uplift funds the Savings Club Reserve and is non-refundable.

3. Membership Tiers & Savings Rates

Tier	J$10K Voucher	J$15K Voucher	J$20K Voucher	Membership Fee	Platform Assurance Fee	Physical Card
Basic	30%	30%	30%	J$0	J$25,000	Digital Only
Standard	33%	34%	36%	J$4,200	J$25,000	Standard Card (J$2,500)
Premium	37%	41%	49%	J$8,400	J$25,000	Premium Card (J$5,000)

Savings are always calculated based on the voucher’s face value, not the total paid.

4. Savings Accumulation & Payout Timing

• After a qualifying in-store purchase, a 121-day accumulation period begins.
• Savings are released at the end of the calendar month after this period.

Example:

• Voucher bought: Jan 1
• In-store use: Jan 10
• 121-day period ends: May 10
• Savings released: By end of May

5. Non-Transferable

Savings are non-transferable and only redeemable by the original purchaser. They cannot be exchanged, sold, or converted to other forms of credit.

6. Inactive Accounts

If no qualifying in-store purchase is made within 121 days, the savings will not be earned. No partial savings are given for unused vouchers or missed eligibility.

7. Fraud & Abuse

Allpree reserves the right to cancel savings if fraud, abuse, or misuse is suspected.

8. Policy Updates

These terms may change periodically. The terms that apply are those in effect on the date of voucher purchase.

Terms of Service

Effective Date: 6/8/2025

1. Eligibility

You must be at least 18 years old and legally able to enter into contracts in your jurisdiction to use our services.

2. Gift Card Vouchers

• Gift card vouchers are sold at a 25% markup and are redeemable only at participating physical retail stores through our partner's gift card system.
• All sales are final. Vouchers are non-refundable and non-transferable.
• Savings eligibility depends on your membership status and purchase activity.

3. Savings Rewards

• Savings are issued 121 days after a qualifying in-store purchase using the gift card.
• Savings are funded from company income, not customer funds.
• Basic members earn 30%. Paid members earn up to 49%, depending on voucher value and membership tier.
• Savings are paid via bank transfer to verified Jamaican bank accounts only.

4. Membership

• Membership tiers: Basic (J$0 + J$25,000 Assurance), Standard (J$4,200 + J$25,000 Assurance), Premium (J$8,400 + J$25,000 Assurance)
• Members receive higher savings rates and access to additional benefits.
• Membership does not auto-renew.

5. User Responsibilities

• Provide accurate and current information.
• Keep login credentials secure.
• Do not engage in fraudulent or abusive behavior.

6. Store Listings and Offers

• Stores listed in our app accept the partner’s digital gift cards.
• We do not control store policies, inventory, or pricing.
• Listings and offers may change without notice.

7. No Investment or Securities Offering

This is not an investment product. Savings are a loyalty reward funded from company income, not a financial return or interest.

8. Changes to Services

We may modify features, savings rates, or Terms at any time. Your continued use of the service means you accept these changes.

9. Termination

We reserve the right to suspend or terminate accounts for fraud, abuse, or violations of these Terms.

10. Limitation of Liability

We are not liable for indirect or consequential damages. Our maximum liability is limited to the amount paid for the affected service.

11. Governing Law

These Terms are governed by the laws of Jamaica.

12. Contact

For support: allpreesuport @ gmail . com

Privacy Policy

Effective Date: 6/8/2025

1. Information We Collect

• Name, email, phone, birth year
• Device ID and app usage
• Bank account details (for savings payout)
• Gift card purchase history

2. How We Use It

• Process orders and send savings
• Display store offers
• Detect fraud and improve service

3. Data Sharing

• We do not sell your data.
• We may share data with banks, vendors, or regulators as required to provide services.

4. Your Rights

• You may request access to or deletion of your personal data.
• You can opt out of marketing or disable location tracking in your device settings.

5. Data Security

We use encryption and secure servers, but no system is 100% secure.

6. Cookies & Tracking

Cookies may be used to enhance your experience and analyze app usage.

7. Data Storage

Your data may be stored or processed outside your country with appropriate protections.

8. Contact

For privacy questions: allpreesuport @ gmail . com

Legal Disclaimer

No Financial Advice

We do not provide financial, tax, or investment advice. Savings are a loyalty reward, not a financial return.

No Profit Guarantee

Savings amounts may vary depending on business performance. They are not guaranteed.

Third-Party Merchants

We are not responsible for store inventory, pricing, or refund policies.

Regulatory Compliance

We comply with Jamaican law. Users are responsible for understanding and complying with their local laws and regulations.

Legal Positioning: Regulatory Compliance

This document outlines Allpree’s legal and financial structure to ensure alignment with regulatory frameworks and consumer protection standards.

1. Nature of the Business

Allpree operates a voucher-based digital gift card platform in partnership with GiftMe. Users purchase preset-value gift cards with a built-in markup.

• The full amount paid includes both the voucher face value (e.g., J$20,000) and a fixed uplift (e.g., 25%).
• The face value is instantly loaded and redeemable at participating merchants via GiftMe’s infrastructure.
• The uplift is recognized as company income upon sale.

2. Savings Program Overview

Savings are offered as a promotional loyalty incentive:

• Earned as a percentage of voucher value based on user membership tier.
• Activated by any in-store purchase using the Allpree card.
• Paid after a fixed 121-day accumulation period, at month end.
• Treated as a marketing reward, not as stored value, deposits, or redeemable balances.

3. User Funds & Financial Handling

• Allpree does not hold funds on behalf of users.
• Voucher face values are managed by GiftMe, a licensed third-party gift card issuer.
• The uplift is company revenue, a portion of which is earmarked to fund promotional savings payouts.
• Savings are recorded as a deferred liability in the company’s accounting system.

4. Savings Reserve: Structure & Safeguards

The Savings Reserve is an internal accounting provision used exclusively to fulfill savings obligations promised at voucher purchase.

• It is not a user fund, wallet, or pooled account, but a company-managed reserve.
• Savings are calculated solely as a rebate from the company’s uplift and disbursed only after a 121-day eligibility period, per defined terms.
• No user deposits are accepted into the system.
• No interest, returns, or ROI are promised or implied to users.
• Savings are earned through participation in a closed promotional loyalty system, not as a return on invested capital.
• The reserve is regularly audited and matched by internal capital allocations to ensure all liabilities are covered.

5. Savings Fund: Internal Float Management

Allpree allocates a portion of company-held capital, including uplift revenue and brand sponsorship income, into an internal liquidity pool known as the Savings Fund.

• This fund supports the sustainability of savings payouts during the 121-day holding period.
• It operates under strict internal controls, with capped risk exposure and no user funds invested.
• A significant share of any profits generated is recycled back into the Savings Reserve to reinforce payout capacity.
• The Savings Fund is strictly an operational tool, it does not create an investment relationship with users and is not accessible to them.

6. Deals & Brand Sponsorships

Brands generate revenue for Allpree by purchasing exposure through:

• Subscription-based promotional plans.
• Short-term featured deal placements.
• Performance-based affiliate fees tied to voucher redemption and usage.

Portions of these revenues contribute to the internal Savings Fund and Savings Reserve, further supporting user savings obligations and system sustainability.

7. Compliance & Licensing

• The platform is not a money transmitter or e-wallet.
• Allpree holds no user funds beyond its promotional obligations.
• Savings qualify as a discretionary loyalty reward, not a redeemable asset.
• Terms of Service explicitly define the nature and limits of the savings program.

8. Risk Management & Consumer Protections

• Savings terms (activation, timing, expiry) are transparent and user-facing.
• No early access or transfer of savings, reducing exposure.
• The Savings Reserve is tracked and managed separately within company accounts to ensure delivery of all promised rewards.

9. Tax Treatment

• Uplift and membership fees are treated as revenue.
• Savings are recorded as a marketing expense or deferred liability.
• Returns from internal float management are recognized as company income.

Summary

Allpree’s Savings Reserve model is structured as a consumer loyalty program, not a financial service. This ensures regulatory clarity while delivering value to users and partner brands.