Terms and Conditions

1. Contest Period

The Contest begins at 12:00 a.m. Eastern Time on the official launch day of the Spendsafe app (to be announced) and ends at 11:59 p.m. ET on August 31, 2025 (the “Contest Period”). Submissions received before or after the Contest Period will be void.

2. Eligibility

Open to legal residents of Ontario, Canada, age 18 or older, and who are the parent or legal guardian of a child aged 6 to 18.
Employees, officers, directors of Spendsafe Inc., and their immediate family members or anyone living in the same household are not eligible.
By participating, entrants confirm compliance with these Terms and agree intentionally.

3. How to Enter

To receive one entry into the draw, you must during the Contest Period:

Join the Spendsafe waitlist before the official launch date.
Download the Spendsafe app once launched.
Create a valid parent account.
Create at least one child account (must be aged 6–18).
Deposit a minimum of CAD 10 into each child account (or just one still qualifies for entry).

Limit: One (1) entry per eligible parent or guardian/account holder.

4. Prize

One (1) winner receives CAD 1,000, which will be automatically deposited into the child account(s) associated with the winning parent account.

If multiple active child accounts exist: prize is split evenly between them.
No substitutions or transfers, except the Sponsor reserves the right to award a prize of equal or greater value should necessary.

5. Winner Selection & Notification

A random draw will be conducted within two (2) business days of Contest close.
Winner notified by email using the address linked to their parent account.
Winner must correctly answer a skill-testing question (without assistance).
Unclaimed or invalid prizes will be redrawn at the Sponsor’s discretion.

6. Odds of Winning

Odds depend on the total number of eligible entries received during the Contest Period.

7. Privacy & Consent

By entering, entrants agree to Spendsafe’s Privacy Policy, which governs collection and use of personal data. Information will only be used for contest administration and compliance.

8. General Conditions & Compliance with Ontario Law

No purchase or deposit required to enter. Entrants may withdraw from the contest at any time by emailing support@spendsafe.ca.
Void where prohibited or restricted by law.
Contest is subject to Ontario’s Regulations under the Criminal Code (e.g., no purchase necessary, winner must be selected by chance without skill component except for skill-testing question).
Entrants release Spendsafe Inc., and related parties from liability arising out of participation or prize acceptance.
Spendsafe reserves the right to cancel, modify, or suspend the Contest at its discretion, in compliance with applicable law.

9. Disclaimer & Liability Release

By participating, you agree to:

Accept the prize “as is,”
Release Spendsafe and its affiliates from liability for any damage or losses from prize acceptance or usage,
Grant Spendsafe the right to use your name, city, and likeness for promotional purposes without additional compensation, pending confirmation.

10. Governing Law

These Terms governed by Ontario law and applicable Canadian federal law, including Regulations under the Criminal Code.