Birthday Booster Campaign — Terms and Conditions

Campaign period: 1 August 2026, 12:00am (SGT) – 30 September 2026, 11:59pm (SGT) ("Promotion Period")

These terms and conditions ("Terms") govern participation in the Birthday Booster promotion ("Promotion") offered by Chocfin Pte Ltd, trading as Chocolate Finance ("Chocolate", "we", "us"). Chocolate is licensed and regulated by the Monetary Authority of Singapore (MAS) to perform fund management activities. By opting in, you agree to be bound by these Terms in addition to Chocolate's general Terms of Service and Product Terms, which continue to apply.

1. Eligibility

1.1 The Promotion is open to both new and existing Chocolate customers who hold, or open, a valid, active SGD account in good standing, and who opt in during the Promotion Period.

1.2 If you are a new customer, your Starting Balance (see Clause 3) is S$0. You must still opt in to the Promotion before making your first deposit for that deposit to qualify as new money — opting in is required regardless of whether you are new or existing.

1.3 Chocolate reserves the right to refuse or withdraw eligibility from any customer, acting reasonably, including where we reasonably suspect a breach of these Terms.

1.4 "Good standing" means an account that is not suspended, restricted, or under active investigation for fraud, breach of Chocolate's Terms of Service, or breach of applicable law at the relevant time.

2. Opting in

2.1 You must actively opt in to the Promotion via the banner or message in the Chocolate app before adding any new money.

2.2 Only qualifying new money added after the date and time you opt in will be eligible for the Birthday Booster. Money added before you opt in does not qualify and instead forms part of your Starting Balance (existing customers), or simply does not qualify (new customers who deposit before opting in). Existing customers should opt in before adding any new money — see the worked example in Clause 3.

2.3 You will receive an email confirmation once your opt-in is successful.

3. Starting Balance and qualifying new money

3.1 Your "Starting Balance" is:

• for existing customers, the highest SGD balance recorded in your Chocolate account at any point during the Promotion Period prior to your opt-in, assessed with reference to 1 August 2026, 12:00am (SGT) onwards; or
• for new customers who did not hold a Chocolate account before the Promotion Period, S$0.

Example: Priya holds S$10,000 with Chocolate. On 5 August she deposits a further S$8,000 before opting in, then opts in on 6 August. Her Starting Balance is S$18,000 (the highest balance she reached before opting in), so the S$8,000 deposit does not count as qualifying new money. If Priya had opted in on 4 August instead, before making the deposit, her Starting Balance would have been S$10,000, and the S$8,000 added afterwards would qualify.

3.2 "Qualifying new money" means the amount by which your SGD balance exceeds your Starting Balance, calculated daily, following your opt-in.

3.3 A minimum of S$5,000 in qualifying new money must be maintained on a given day for that day to earn the Birthday Booster. The Birthday Booster applies to a maximum of S$20,000 of qualifying new money per customer.

3.4 The following do not count as qualifying new money, regardless of when they occur:

• Funds already held in your Chocolate account, or reflected in your Starting Balance, before you opt in;
• Transfers or conversions from your own Chocolate USD (or other non-SGD) balance into SGD;
• Money withdrawn from your Chocolate account and subsequently redeposited (whether in whole or in part, and regardless of the number of transactions).

3.5 Chocolate calculates qualifying new money by reference to the net increase in your SGD balance above your Starting Balance. Withdrawing and redepositing your own money will not increase your qualifying new money or your Birthday Booster, and may reduce or eliminate it for the days affected (see Clause 4).

4. Effect of withdrawals

4.1 You may make multiple deposits after opting in.

4.2 If you withdraw funds during the Promotion Period, your qualifying new money for that and subsequent days will be recalculated accordingly. If your qualifying new money falls below S$5,000 on any day, you will not earn the Birthday Booster for that day.

4.3 Repeated deposit-and-withdrawal patterns, or any transaction pattern that Chocolate reasonably considers to be structured primarily to generate, inflate, or repeatedly reset qualifying new money without a genuine increase in funds held with Chocolate, may be treated as circumventing these Terms (see Clause 6). Chocolate may use account and transaction data for this monitoring in accordance with our Privacy Notice [link] and the data protection basis set out there.

5. Bonus rate and calculation

5.1 During the Promotion Period, eligible customers earn an additional 1% per annum, applied on top of the standard return otherwise applicable to their qualifying new money, for each day that qualifying new money remains in the account, up to a maximum of 61 days. The 61-day maximum applies only to qualifying new money added on the first day of the Promotion Period; money added later in the Promotion earns the Birthday Booster for fewer days, calculated from the day it is added until 30 September 2026.

5.2 Indicative combined rates during the Promotion, based on Chocolate's standard returns as they currently stand:

Chocolate's standard returns are not fixed for a set term and are not tied to a specific end date — they remain in effect on an ongoing basis until Chocolate changes them, in line with market conditions. The figures above reflect the standard returns in effect at the time of publication; if Chocolate changes its standard returns during the Promotion Period, the total rate you actually receive on any given day will reflect the standard return in effect on that day, plus the Birthday Booster where applicable. Current rates are always shown in the Chocolate app.

Note to the table above: The +1.0% p.a. Birthday Booster shown in each row applies only to the first S$20,000 of a customer's qualifying new money, as defined and capped under Clauses 5.1 and 3.3. It does not apply to the customer's whole balance, and it does not apply to any qualifying new money above S$20,000. Each row states the total rate that this first S$20,000 of qualifying new money earns according to the balance tier into which it falls; the Birthday Booster does not stack across tiers and is not applied cumulatively across the balance. The standard return continues to apply to the rest of the balance without the Birthday Booster.

5.3 The Birthday Booster is calculated based on (i) your qualifying new money each day, (ii) the date you added it, and (iii) how long it remains in your account up to 30 September 2026. Returns, including the Birthday Booster, are calculated on a compounded basis. Standard daily returns continue to accrue and be paid as usual throughout the Promotion Period, separately from the Birthday Booster, and do not constitute a guarantee of return or capital.

5.4 The Birthday Booster is calculated once, after the Promotion Period ends, and is credited to your account as a single bonus payment within 7–10 business days of 30 September 2026. We will provide you with a short summary showing how your Birthday Booster was calculated when it is credited.

6. Fraud, abuse and Chocolate's rights

6.1 Chocolate may investigate, withhold, adjust, reclaim, or refuse to pay any Birthday Booster amount where it reasonably and in good faith determines that a customer:

• has provided false or misleading information;
• has engaged in any transaction pattern intended to artificially create, inflate, or extend qualifying new money, including but not limited to withdrawing and redepositing funds;
• has otherwise acted in a manner inconsistent with the intent of the Promotion, being to reward genuinely new funds added to Chocolate.

Any such determination will be made reasonably, in good faith, and with reasons provided to the customer. This does not affect your right to complain to the Financial Industry Disputes Resolution Centre (FIDReC) or to pursue any other right available to you under Singapore law.

6.2 Where a Birthday Booster amount has already been credited and is later found not to have been genuinely earned, Chocolate will notify the customer with reasons before taking any recovery action. Recovery is limited strictly to the Birthday Booster amount concerned, and does not extend to the customer's own invested funds. Any deduction will only be made on a confirmed legal basis, consistent with the fact that customer funds are held on trust.

7. General

7.1 Chocolate may amend, suspend, or withdraw the Promotion, or these Terms, giving customers at least 30 days' notice, except where shorter notice is necessary to prevent fraud, abuse, or to comply with legal or regulatory requirements, in which case Chocolate will give as much notice as is reasonably practicable. This clause does not exclude Chocolate's liability for its own fault, and does not affect any Birthday Booster amounts already accrued in good faith up to the date of any such change.

7.2 The Promotion cannot be combined with any other Chocolate promotion unless expressly stated otherwise.

7.3 These Terms do not constitute financial advice. Standard product Terms of Service, risk disclosures, and any applicable tax obligations continue to apply to all funds held with Chocolate, including any Birthday Booster amounts earned.

7.4 In the event of any conflict between these Terms and any marketing, app, or promotional material, these Terms shall prevail. Chocolate will ensure that all Promotion marketing, app screens, and banners accurately reflect the S$20,000 cap, the applicable rates, and the risk warning in this document, and are cleared through Chocolate's standard advertising sign-off and record-keeping process before publication.

7.5 See the regulatory footer below for Chocolate's licensing status and the required MAS advertising disclosure.

7.6 "Birthday Booster" refers to Chocolate's second business anniversary and Singapore's 61st National Day (SG61). It does not relate to, and does not use, any individual customer's date of birth in any way.

7.7 These Terms are governed by the laws of Singapore.

Chocolate Finance is a brand of Chocfin Pte Ltd (UEN 202347190R). Chocfin Pte Ltd is licensed and regulated by the Monetary Authority of Singapore (CMS101452) to perform fund management activities. Chocolate's returns are subject to change based on market conditions, with the Chocolate Birthday Booster offered as an incentive during the Promotion Period, and it does not constitute a guarantee of return or capital. Returns are calculated on a compounded basis. Terms and conditions apply.

This promotion was prepared without regard to your specific investment objectives, financial situation, accounting or tax needs and does not constitute advice. Before applying, you should consider carefully whether the product/service is suitable for you. 

This advertisement has not been reviewed by the Monetary Authority of Singapore.