Cash Back Terms & Conditions

1) These terms apply to the cashback offer being offered at certain Metlifecare villages, which may vary from time to time (Cashback Offer).

2) This Cashback Offer is available for new residents (Applicants) applying for an eligible unit at an eligible Village, as specified in the Applicant’s application (Participating Units).

3) To be eligible for the Cashback Offer, Applicants must:

a) be a new prospective resident at the time they make their application;

b) submit an application for an Occupation Right Agreement (ORA) in respect of a Participating Unit;

c) enter into an ORA for a Participating Unit with a Commencement Date occurring on or before the date set out in the Applicant’s application; and

d) pay the capital sum in full for the Participating Unit on or prior to the Commencement Date of the ORA. For the avoidance of doubt, the Cashback Offer is not available to prospective residents who receive any form of loan or deferred payment arrangement.

4) By submitting an application for an ORA in respect of a Participating Unit, you are deemed to have accepted the terms for this Cashback Offer.

5) As this Cashback Offer requires entry into an ORA, the usual resident eligibility criteria apply (including any medical assessment requirements).

6) Applicants who satisfy the eligibility criteria in these terms will receive the cashback payment of the value set out in the Applicant’s application (which will be set by Metlifecare in its sole discretion) to their nominated bank account on the 25th day of the month following the month in which the Commencement Date of the ORA falls (Cashback Payment).

7) In order to receive the cashback, you agree to provide your bank account details by one of the following methods:

a. copy of your bank deposit slip;

b. copy of your bank statement; or

c. screenshot of your internet banking showing your bank logo, account name and account number.

8) Only one Cashback Payment is payable per qualifying ORA. If two residents settle an ORA together as joint residents or tenants in common, the Cashback Payment will be made to them jointly.

9) You must repay the Cashback Payment back to Metlifecare if you cancel your ORA:

a) during the cooling off period; or

b) in accordance with the 90 Day Guarantee.

10) Metlifecare will be entitled to deduct the value of the Cashback Payment from any payment due as a result of such cancellation or termination if it has not been repaid on or before the date Metlifecare is required to make payment to you in accordance with the ORA. No payment will be made if the ORA is terminated before the Cashback is paid.

11) The Cashback Offer will not apply to existing residents transferring between Metlifecare villages or units, or settlements occurring after the required dates set out in the Applicant’s application.

12) The Cashback Offer is not transferable and is not a discount to the capital sum.

13) This Cashback Offer cannot be used in conjunction with any other Metlifecare promotion, discount, rebate or incentive unless otherwise agreed by Metlifecare in writing.

14) Metlifecare is not liable for any damages or claims whatsoever arising from your participation in the Cashback Offer.

15) Metlifecare’s Privacy Policy available on its website shall apply to any personal information you submit to us in connection with the Cashback Offer and is incorporated into these terms and conditions.

16) Metlifecare reserves the right to verify eligibility and amend these terms and conditions and/or extend, suspend or terminate the Cashback Offer at any time and without giving reasons.

17) The promoter is Metlifecare Retirement Villages Limited, Level 4, 110 Carlton Gore Road, Newmarket, Auckland, New Zealand.

18) Questions may be directed to info@metlifecare.co.nz.