EQ Bank’s Referral Contest Rules (Rules)

This contest is open only to legal residents of Canada and is governed by Canadian law.  No purchase or payment of any kind is necessary to enter or win.  A purchase will not increase your chance of winning.

1. Sponsor. EQ Bank’s Referral Contest (Contest) is sponsored by Equitable Bank, Equitable Bank Tower, 30 St. Clair Avenue West, Suite 700, Toronto, Ontario, M4V 3A1 (Sponsor).

2. Contest Period.  Starts on April 1^st, 2025 at 12:01 AM ET and ends on June 30^th, 2025 at 11:59 PM ET (Contest End Date) after which time the Contest will be closed and no further entries will be accepted.

3. Eligibility. To enter and be eligible to win a prize, you must be a legal resident of Canada who has reached the age of majority in their province or territory of residence at the time of entry, with the exception of employees of Sponsor, its parents, affiliates, subsidiaries, suppliers, advertising and promotional agencies, contest administrators and any other parties engaged in the development, production or distribution of Contest materials, and those living in the same household

4. Agreement to be legally bound by rules. By participating in this Contest, you acknowledge compliance with, and agree to be bound by, these Rules. If you do not comply with any of the Rules, you are subject to disqualification by Sponsor, in Sponsor’s sole discretion.

5. How to Enter.  No purchase necessary. You will automatically receive 1 entry into the random Contest draw each time you earn a Bonus Referral in accordance with the EQ Bank Referral Program Terms and Conditions available at https://www.eqbank.ca/legal/EQ-Bank-Referral-Program-Terms-Conditions (Referral Terms). Limit of 25 entries per person. If you do not earn a Bonus Referral, you may enter by email as set out under “Alternate method of entry, enter by email” below to receive 1 entry into the random Contest draw. Email entries are subject to entry limitations above.
   
   All entries are subject to verification by Sponsor, in its sole discretion. Entries become the property of Sponsor and will not be acknowledged or returned. No correspondence will be entered into except with Selected Entrants (as defined below). Proof of transmission (for example, screenshots or captures) does not constitute proof of entry or receipt of an entry. If you enter, or attempt to enter, more than the specified number of times using multiple names, email addresses, or identities, all of your entries may in Sponsor’s sole and absolute discretion be declared null and void, and any prize you might have been entitled to will not be awarded. 
   
   Alternate method of entry, enter by email: This method of entry is available to any person who meets the eligibility requirements in Rule 3 above. To obtain an entry without earning a Bonus Referral, write your first name, last name, email address, telephone number and complete mailing address (including postal code) in an email along with a 50 or more word unique and original essay sharing your experience with EQ Bank and email it to marketing@eqbank.ca. The email must be received by the Contest End Date. For each valid alternate method of entry received in accordance with these Rules, you will be eligible to receive 1 entry, subject to the entry limitations described in these Rules.

6. Prizes.  There is a total of 60 prizes, consisting of $500 cash each.  The winner assumes any and all liability for any injury or damage caused, or claimed to be caused, by entering or participating in this Contest or the use of a prize. The prize must be accepted as awarded. Prize is non-transferrable. If the winner is unable to accept the prize, it will be forfeited and another winner chosen.

7. Skill-testing Question. Selected Entrant will be required, as a condition of winning a prize, to correctly answer, without assistance of any kind, Sponsor’s time-limited, mathematical skill-testing question to be administered by telephone by Sponsor at a mutually convenient time.

8. Winner Selection and Confirmation.
   
   Sponsor will conduct a random draw and select 10 entrants before 12:00 PM ET in Toronto, Ontario Canada on:

   • May 2^nd, 2025 from all eligible entries received between April 1^st, 2025 at 12:01 AM ET and April 30^th, 2025 at 11:59 PM;

   • June 6^th, 2025 from all eligible entries received between May 1^st, 2025 at 12:01 AM ET and May 31^st, 2025 at 11:59 PM; and

   • July 4^th, 2025 from all eligible entries received between June 1^st, 2025 at 12:01 AM ET and June 30^th, 2025 at 11:59 PM (May 2nd, 2025, June 6^th, 2025 and July 4^th, 2025 each, a Draw Date).

   Each selected entrant and their corresponding New Client or Referee as applicable (as defined in the Referral Terms) is a “Selected Entrant”.  Limit of 1 prize per person per Draw Date. The odds of winning depend on the total number of eligible entries received before each respective Draw Date.  Selected Entrants will be deemed the winners if they meet all the eligibility criteria set out in these Rules. If a Selected Entrant does not meet the eligibility criteria, the Selected Entrant will be disqualified and will not receive a prize and another entrant will be selected by way of a random draw from the remaining eligible entries. Before being declared a winner, Selected Entrant will be required to (i) correctly answer Sponsor’s skill-testing question; and (ii) comply with all other Rules, all in the sole discretion of Sponsor.
   
   If you are a Selected Entrant, you will be provided with specific instructions on what you are required to do in order to claim the prize. The prize will be awarded only upon verification and final approval by Sponsor. No correspondence will be entered into except with the Selected Entrants.
   
   Selected Entrants will be notified within 2 weeks following the draw via the email address or phone number provided at the time of entry into the Contest. Up to 3 attempts will be made to notify Selected Entrants. A Selected Entrant that does not or cannot accept a prize may be forfeited and a new Selected Entrant selected by random draw, in Sponsor’s sole discretion. Sponsor is not responsible for the failure for any reason whatsoever of a Selected Entrant to receive notification or for Sponsor to receive a Selected Entrant’s response.
   
   A Selected Entrant may be disqualified from the Contest, and forfeit the prize, if (i) Sponsor’s email or call to the Selected Entrant is returned undeliverable, (ii) the telephone number and/or email address provided by the Selected Entrant to Sponsor is not the correct telephone number or email address, (iii) the Selected Entrant fails to respond to the notification within 24 hours of being contacted by Sponsor, (iv) the Selected Entrant fails to correctly answer the skill-testing question, or (v) the Selected Entrant fails to comply with Rules.
   
   Disputes regarding identity of entrant: If the identity of a Selected Entrant is disputed, the entry will be deemed to have been submitted by the individual assigned to the email address at the time of entry (Authorized Account Holder). Selected Entrants may be required to provide proof that he/she is the Authorized Account Holder associated with a selected entry.

9. Release and Indemnification. By accepting the prize, each winner: (i) confirms agreement to and compliance with all Rules; (ii) agrees to accept prizes as awarded; (iii) releases, discharges and holds harmless Sponsor, its departments and agencies, parent, related and affiliated companies, subsidiaries, franchisees, advertising and promotional agencies, counsel, marketing partners, and each of their respective directors, officers, employees, shareholders, successors, sponsors, partners, licensees, subsidiaries, agents, artists, advisors, assignees, and all others associated with the administration, development and execution of the Contest (Released Parties) from and against any and all manner of action, cause of action, claim or demand, loss or injury, use or misuse of a prize or any travel related thereto, and the use of entries by Sponsor, suit, debt, covenant, contract, including legal fees and expenses, whatsoever, including but not limited to, claims based on negligence, breach of contract and fundamental breach, failure of any third-party contractor or supplier used in connection with any aspect of the Contest to perform or deliver any goods or services, any act of God or any other event beyond the Released Parties’ control, any dissatisfaction of any kind by an entrant with any aspect of the Contest or any prize, liability for physical injury, death, or property damage which the entrants, guests, their heirs, successors or assigns have, might have or could have suffered, by reason of or arising out of the entrant’s participation in the Contest and/or in connection with the acceptance and/or exercise by the entrant of prizes as awarded; and (iv) indemnifies the Released Parties against any loss, damage or expense, including legal fees, that any of the Released Parties may suffer or incur as a result of any non-compliance by entrants with any of the Rules or participation in the Contest and/or in connection with the acceptance and/or exercise by an entrant of a prize, and the use of entries by Sponsor.
   
   Sponsor is not responsible for: (i) incorrect or inaccurate entry information that may affect a person’s ability to participate in the Contest or be awarded a prize, including but not limited to human error, technical malfunctions, lost or delayed entries for any reason, mail failures, omission, or any combination thereof, and entries that fail to fully comply with these Rules; (ii) technical failures of any kind, including, but not limited to malfunctions, interruptions, or disconnections in phone lines or network hardware or software; (iii) lost, incomplete, delayed, mutilated or misdirected entries; (iv) injury or damage to entrants’ computers or to any other individual’s computer related to or resulting from participating in, or downloading any material regarding the Contest or accepting a prize; (v) any injury or damage to persons or property which may be caused, directly or indirectly, in whole or in part, from entrant’s participation in the Contest or receipt or use or misuse of any prize, including any related travel and the use of entries by Sponsor; (vi) the security or privacy of information transmitted via computer networks or for breaches of privacy due to interference by third-party computer hackers or otherwise; or (vii) late, lost, misdirected or unsuccessful efforts to notify a potential winner.

10. Other Conditions. Sponsor reserves the right to terminate or amend this Contest at any time and in any way, without prior notice to entrants. Without limiting the foregoing, if, for any reason, the Contest is not capable of running as originally planned for any reason, Sponsor reserves the right to cancel the Contest and conduct a random draw from all previously received eligible entries received by the Contest End Date.

11. Publicity and Entrant Information. By participating in the Contest, entrants consent to the use of their name, address, email address, postal code, and telephone number for the administration of the Contest or any publicity carried out by Sponsor, without further notice or compensation. For additional information, please see our privacy agreement at  https://www.equitablebank.ca/privacy.

12. Law. The Contest is void where prohibited by law and is subject to all applicable Canadian federal, provincial, territorial, municipal and local laws. To the extent permitted by law, this Contest shall be governed exclusively by the laws of the Province of Ontario and the federal laws of Canada applicable therein, including all issues and questions concerning the construction, validity, interpretation and enforceability of these Rules, rights and obligations between entrants and Sponsor, and procedural provisions, without giving effect to any choice of law or conflict of law rules. To the extent permitted by law, any dispute shall be adjudicated by the courts sitting in Toronto, Ontario, Canada.

13. Rule Amendments. Sponsor reserves the right, in its sole discretion, to amend or modify these Rules, or modify, cancel or suspend this Contest, without prior notice for any reason whatsoever, including without limitation in the event that any cause beyond the reasonable control of Sponsor corrupts, or threatens to corrupt, the security or proper administration of the Contest.

14. Intellectual Property. All intellectual property, including but not limited to trademarks, logos, designs, promotional materials, web pages, source codes, images, drawings, illustrations, slogans and representations are owned by Sponsor. All rights reserved. Unauthorized copying or use of any of Sponsor’s intellectual property without the express written consent of Sponsor is strictly prohibited.

© Equitable Bank 2025 All Rights Reserved.