1. Referral Programme (“Programme”) is valid for existing POEMS Account holders (“Referrer”) who refer Customer(s) new to Phillip Securities Pte Ltd (PSPL) to open a Cash Plus Account (“Referee”), from 1 December 2023 to 9 January 2024, both dates inclusive.

    

2. Within this context, “Referrers” refer to customers with any of the following Accounts: Cash Plus, Cash Management, Margin, Prepaid, Custodian or Share Financing (“Qualified Accounts”).

    

3. A referral will only be considered successful when the Referee opens a Cash Plus Account using
   a unique referral link generated by Referrer, opts in to Excess Funds Management (SMART Park) and fulfills these terms and conditions (see clause 12).

    

4. If the Referee uses referral link(s) to open multiple Accounts, only the first successfully opened and funded Account will be considered as successful referral.

    

5. Referrers will only receive S$68 Cash Credit ONCE for each unique Referee, even if the Referee opens multiple Accounts that fulfill clause 12 (regardless of Account type). 

    

6. Only the first 10 referred Accounts (regardless of Account type) will be considered as successful referrals. 

    

7. Referee consents to the disclosure of his or her name and referral status to the Referrer.

    

8. The following Customers are NOT eligible for this Programme unless approved by the management of Phillip Securities Pte Ltd (“PSPL”)

    

   1. Referees who have any type of existing Accounts with PSPL, including joint and corporate Accounts.
   2. Referees who have closed any Accounts with PSPL
   3. Referrers and Referees who have already benefited from or will benefit from similar programmes or promotions, including PhillipCFD’s Refer A Friend.
   4. All employees of PhillipCapital’s entities and its partners (e.g., trading representatives, financial advisors) and their immediate families (e.g., spouse and children).

       

9. In the event of a dispute over the Customer’s eligibility to participate in this promotion, PSPL’s decision will be final.

    

10. PSPL reserves the right at any time in its absolute discretion to (i) amend, add to, and/or delete at any time of these Terms & Conditions without prior notice (including eligibility and qualifying terms and criteria), and all participants shall be bound by such amendments, additions and/or deletions when effected, or to (ii) vary, withdraw, and/or cancel any items or the promotion itself without having to disclose a reason, and without any compensation or payment whatsoever. PSPL’s decisions on all matters relating to the promotion are final and binding on all participants.

     

11. By taking part in this promotion, the participant acknowledges that he/she has read and consented to these Terms & Conditions.

Rewards for Referrer

    12. The Referrer will be entitled to a S$68 Cash Credit when his/her Referee:

1. 1. Successfully opens a Cash Management Account, opts in to Excess Funds Management (SMART Park) and deposits at least S$3,000 into the Account within 14 calendar days from the Account opening date.
   2. Does not withdraw this minimum amount for a period of at least 30 days.
      

    13. Please note that the credits are non-transferable and non-withdrawable.

Rewards for Referee

14. Referees will receive

    14.1. Account Opening Rewards: 

• • 0% Sales Charge on Unit Trust 
  • Free Live Prices for SGX and US Asian Hours 
  • Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals
  • FREE SGX Enhanced Market Depth Access until 30 November 2024.  For more information, please refer to poems.com.sg/sgx-enhanced-market-depth.

    14.2.Fund & Trade Rewards:

• • Fund in with at least S$3,000 within 14 days from Account opening and execute at least 3 BUY Trades within 90 days from Account opening to receive One FREE Palantir Technologies Inc Share (NYSE: PLTR)
  • Fund in with at least S$10,000 within 14 days from Account opening and execute at least five BUY Trades within 90 days from Account opening to receive One FREE Palantir Technologies Inc Share (NYSE: PLTR) and One FREE Alphabet Inc Class A Share (NASDAQ: GOOGL) 

    14.3. BUY Trades refer to Stocks, ETFs, and Unit Trusts.

    14.4. The deposited funds must remain in the Account for a minimum of 90 days. They may be utilised for BUY trades but cannot be withdrawn or transferred out of the Account during this period.

15. Activation and Crediting of Rewards: 

    15.1. Account Opening Rewards: 

• • 0% Sales Charge on Unit Trust will be granted upon Account opening. 
  • Free Live Prices for SGX and US Asian Hours will be granted upon Account opening.  
  • Free Live Prices for US (NASDAQ, NYSE, AMEX), Malaysia (BURSA), Thailand (SET), and US Options for non-professionals. 

          To activate the Free Live Prices feature: Login to POEMS 2.0 web > ‘Market Data & Rewards’ > ‘New Subscriptions’ > tick the boxes for the Live Prices > complete the subscriber agreement and submit > click ‘Submit New’ > Enter your password for confirmation OR visit here. 

• • Free subscription for SGX Enhanced Market Depth Access would be granted automatically

   15.2. Tier 1 & Tier 2 Free Shares Reward: 

The Tier 1 and 2 Free Shares Reward will be credited within 10 working days after redeeming from POEMS Mobile 3 App > ‘Rewards’, once the Eligible Customers have fulfilled the requirements (as detailed in 2.b)

• •  based on the date that you fulfill the requirements and  
  • You must submit the following forms within 30 days from Account opening:
    • W8 BEN form
    • Risk Warning Statement (RWS) form 
  • Customers are required to claim the Tier 1 and Tier 2 Free Shares Reward within 30 days of  becoming eligible.

 16. Days refer to calendar days.