Sign-on Bonus & Referral Offer Terms

The Goldback® Sign-on Bonus and Referral Incentive Programme (“Programme” or "Offer") is offered by Atlas Consolidated Pte Ltd (“Hugosave”). It is open to all legal residents of Singapore 18 years old and above, and holding a valid and current document to reside in Singapore and a valid Singapore mobile number. This Offer is eligible per person ("Customer") signing up to the Hugosave app. Under this Programme, Customers can:

  • Get FREE Gold trading on Hugosave until 31 August 2022
  • Get a $20 Goldback® sign-on bonus when you progress to Hugosave Plus+ and have spent at least $100 on your Hugosave Card within 60 days of signing up.
  • Earn additional $10 Goldback® for every new referral you refer via your unique share link. Your referral will need to progress to Hugosave Plus+ and spend at least $100 on their Hugosave Card within 60 days.

Goldback® rewards will be credited into Customers' Gold Vaults. “Goldback®” is a cash rebate, auto-invested into physical gold when a Customer spends a specified amount of currency on their Hugosave Visa card. The Goldback® transaction details can be viewed in the personal Hugosave Gold Vault in-app.

  • “Hugosave Gold Vault”: allows Customers to buy and sell physical gold at the live bullion bank prices. 
  • "Spend": all spend on a Hugosave Card is qualifying for this offer, except e-wallets, prepaid cards and prepaid account top-ups.
  • All gold transactions are itemised with the amount in grams and the value of the gold viewable in-app.


Other Terms and Conditions:

  • The Sign-on Bonus & Referral Offer Terms & Conditions should be read in conjunction with the Hugosave Terms & Conditions.
  • Any query regarding the Programme will be addressed till 18 August 2022. After which, we will not entertain any correspondence or communication in any manner whatsoever regarding this Programme.
  • We shall adhere, cater to and ensure, on a best effort basis, to perform the agreed terms and conditions of the Programme.
  • We will never settle with cash in lieu of the benefits offered under this Programme.
  • Returned transactions, disputed or unauthorised/fraudulent transactions will not be considered for the Offer.
  • This Offer shall be subject to all applicable laws, rules and regulations which are in existence and which may be promulgated anytime by any statutory authority.
  • We reserve the right to disqualify a Customer from the benefits of the Offer if any of its terms and conditions of use is violated by the Customer.
  • Any Customer availing this Offer shall be deemed to have accepted these terms and conditions.
  • We reserve the right to add, modify, or vary all and any of these terms and conditions of this Goldback® by another offer, or to extend or withdraw an offer altogether.
  • Customers are not bound in any way to participate in this Offer. Any participation is voluntary and the Offer is being made purely on a best effort basis.
  • Nothing herein amounts to a commitment by us at Hugosave to conduct further, similar, or other Offers.

Any disputes arising out of the Offer between Hugosave and the customer shall be subject to arbitration by a sole arbitrator. The arbitrator shall be appointed by Hugosave for this purpose. The proceedings of the arbitration shall be conducted as per the applicable regulations. The place of arbitration shall be in Singapore and the language of arbitration shall be English. The existence of a dispute, if any, shall not constitute a claim against Hugosave or any of its affiliates.


    Copyright © Hugosave 2022. All Rights Reserved.

    Atlas Consolidated Pte. Ltd (UEN 201942617W) is the owner of the Hugosave brand, regulated as a Major Payment Institution (MPI) by the Monetary Authority of Singapore (MAS) under the Payment Services Act (No. 2 of 2019). Hugosave is an authorised card distributor and programme manager of Payrnet Pte. Ltd (UEN 201913150C), incorporated in Singapore whose registered address is 52 Craig Road, Singapore 089690.