Updated: May 1, 2019
This user agreement (this “Agreement”) governs your access to and use of services provided and operated by Riddlic, Inc. d/b/a Recoup ("us", "we", and "our"), including our website (the “Site”), SMS, APIs, social media sites, blogs, chat applications, email notifications, applications, and our other services that link to this Agreement (collectively, the “Services”), and any information, text, links, graphics, photos, audio, videos, or other materials or arrangements of materials uploaded, downloaded or appearing on the Services (collectively referred to as “Content”).
We may revise this Agreement and any of the other agreements and policies listed above from time to time. The revised version will be effective at the time we post it unless otherwise specified.
By continuing to use the Services after any changes to this Agreement or any of the other agreements and policies applicable to you, you agree to abide and be bound by those changes. If you do not agree with any changes to this Agreement or any of the other agreements and policies applicable to you, you may close your account.
1. DEFINED TERMS
The following defined terms have the meanings set forth below:
“Financial Information” means the credit, debit, and other payment card data and information you provide to us through your use of the Services or by any other means.
“Institution” a bank, credit card company, credit union, and other service-provider. “Opportunity” means each refund or money-saving opportunity identified by the Service.
“Personal Information” means the personal identifying information and content you provide to us through your use of the Services or by any other means, including, but not limited to, your name, address, phone number, email, bank account numbers, other accounts, and all other personal identifying information.
2. ACCESS AND USE
2.1 By accessing the Services or connecting your bank account, email account, or other personal accounts, you use the Service and you agree to be bound by the Legal Agreements.
2.2 If you are an individual, you must be a resident of the United States or one of its territories and at least 18 years old, or the age of majority in your state of residence to open a Recoup account and use the Services.
2.3 If you are a business, you must be organized in, operating in, or a resident of, the United States or one of its territories to open a Recoup account and use the Services.
2.4 You shall not use the Service for any unlawful, illegal, or unauthorized purpose nor shall you, in the use of the Service, violate any laws in your jurisdiction (including but not limited to copyright laws).
2.5 You shall not use the Services to transmit any worms or viruses or any code of a destructive nature.
2.6 We may refuse you access to or use of the Service for any reason and at any time. A breach or violation of any of the terms or conditions of the Legal Agreements will result in an immediate termination of your use of the Service.
3. 1 Generally; Your Account
3.1.1 It is free to register for the Service. To use the Service, you must create an account (your “Account”) by registering on the Site and:
a .selecting “Full Service by Recoup” or “Self Service”;
b. specifying one or more Institutions with at least one depository account in good standing, with a positive balance, and providing us with your account credentials for each such Institution.
c. Provide a debit or credit card that is in good standing and with available funds
3.1.2. When you create an Account, you represent and warrant that you are above the age of 18, and that the information you provide us is accurate, complete, and current at all times. Inaccurate, incomplete, or obsolete information may result in the immediate termination of your Account.
3.1.3. You are responsible for maintaining the confidentiality of your Account and password, including but not limited to the restriction of access to your computer and/or Account. You agree to accept responsibility for any and all activities or actions that occur under your Account and/or password, whether your password is with our Service or a third-party service. You must notify us immediately upon becoming aware of any breach of security or unauthorized use of your Account.
3.1.4. You may not use as a username the name of another person or entity or that is not lawfully available for use, a name or trademark that is subject to any rights of another person or entity other than you, without appropriate authorization. You may not use as a username any name that is offensive, vulgar, or obscene.
3.1.5. We reserve the right to refuse any person access to or use of the Service, terminate accounts, remove or edit content, or cancel claims for any reason, in our sole discretion, including, but not limited to, your breach of any term or condition of this Agreement or your failure to pay Commissions or Service Subscription Fees in accordance with this Agreement.
3.1.6. If you select “Full Service by Recoup,” the additional terms and conditions contained in Sections and 12 will also apply to you. If you select “Self Service,” the additional terms and conditions contained in Section 3.3 will apply to you.
3.1.7. We may transfer your Personal Information unencrypted and your Financial Information encrypted over various networks and modify your Personal Information and Financial Information to conform and adapt to technical requirements of connecting networks or devices.
3.1.8. You agree not to reproduce, duplicate, copy, sell, resell, or exploit any portion of the Service, use of the Service, or access to the Service or any contact on the Site through which the Service is provided, without prior express written permission from us.
3.1.9. If you wish to access any product or service made available through the Service, you may be asked to supply certain information relevant to your Service including, without limitation, your bank and credit card login, bank account number, credit card number, the expiration date of your credit card, your statement address, and your signature.
3.1.10. You represent and warrant that: (a) you have the legal right to use all credit cards, bank accounts, and other service-provider accounts you register with or connect to the Service and (b) the Personal Information and Financial Information you provide to us is true, correct, and complete.
3.1.12. We encrypt and remotely store your Institution account information. You are responsible for maintaining the confidentiality of your Account, including restricting access to your computer and/or Account. You agree to accept responsibility for any and all activities or actions that occur under your Account. You must notify us immediately if you become aware of any breach of security or unauthorized use of your Account.
3.1.13. You understand and acknowledge that the Service allows us to monitor your financial transactions involving the Institutions you register with or connect to the Service, or with which you transact business, in order for the Service to identify Opportunities.
3.1.4. WE MAKE NO REPRESENTATION THAT YOU WILL RECEIVE A FEE REFUND OF ANY KIND FROM ANY OF YOUR INSTITUTIONS USING THE SERVICES. WE DO NOT GUARANTEE REFUNDS. REFUNDS VARY ON A CASE-BY-CASE BASIS AND ARE THE FINAL DECISION OF YOUR INSTITUTION.
3.2 Full Service by Recoup
3.2.1. If you select “Full Service by Recoup,” the additional terms and conditions contained in this Sections 3.2 and 12 apply to you. Once you select “Full Service by Recoup,” you cannot change your service level to “Self Service.”
Once you have selected “Full Service by Recoup,” you must select either to pay us:
a. Commissions only; or
b. an annual Service Subscription Fee pursuant to a membership subscription when made available by Company.
3.2.3. If you select commission-only payment, there is no additional fee to use the Service and you agree to pay us up to a 0%-25% commission for each refund obtained by the Service (each, a “Commission”). You acknowledge that the amount of each Commission may vary. We will show you your Commission rate upon sign up it varies from 0%-25%. Once you sign up and agree to a Commission rate, you cannot retroactively change the Commission rate.
3.2.4. If you select a membership subscription, we will charge you and you will pay either (a) an annual subscription fee or (2) a one-time lifetime Service fee (each, a “Service Subscription Fee”) at the time you select your subscription package (“Subscription Commencement Date”). All Service Subscription Fees are earned by us when paid and non-refundable.
3.2.5. You must provide Company with:
a. a valid credit card (Visa, MasterCard, or any other issuer accepted by us); and
b. a valid bank account in good standing with your Financial Institution.
3.2.6. Commissions will be charged by electronic bank-to-bank automated clearing house (“ACH”) transfer or debit or credit card, as soon as the same day your Institution issues refunds of fees submitted for reversal by us or the next business day that funds are available in your account to ACH or charge our Commissions. If you receive a refund to a credit card, debit card, or prepaid card, our Commissions will be charged to a debit card, credit card or deposit account linked to our Service. If we cannot charge that deposit account, you authorize us to charge, debit, or credit any account you have connected to the Services in order to reconcile your Commissions balance with us. You acknowledge and agree that you are responsible for all overdraft, transaction, and other fees you may incur as a result of our attempt to obtain payment from and/or ACH any of your connected accounts.
3.2.7. By providing us with your credit card number, debit card number, bank account, or other payment account number and associated payment information, you authorize us to immediately, and again at the beginning of any subsequent membership subscription period, invoice your Account for all fees and charges due and payable to us under this Agreement and that no additional notice to or consent from you is required to do so. You agree to immediately notify us of any change in your billing address or payment information.
3.2.8. We reserve the right at any time to change our prices and billing methods, either immediately upon posting on the Site or by e-mail delivery to you.
3.2.9. If you select a membership subscription, on the first day after the first anniversary of your Subscription Commencement Date, and on the first day of each anniversary thereafter, your annual membership subscription will automatically renew (each, a “Renewal Commencement Date”) one year at our then-current Service Subscription Fee for annual membership subscriptions.
3.2.10. If you select a membership subscription, you agree that your Account will be subject to this automatic renewal feature unless you cancel your subscription in accordance with Section 6. If you cancel your subscription, you may use your subscription until the end of your then-current subscription term; your subscription will not be renewed after your then-current term expires. However, you will not be eligible for a prorated refund of any portion of the subscription fee paid for the then-current subscription period.
3.2.11. If you select a membership subscription, upon renewal of your membership subscription, if we do not receive payment from your Payment Provider, you agree (a) to pay all amounts due on your Account upon demand, and/or (b) that Recoup may either terminate or suspend your Account and your access to the Services and continue to attempt to charge your payment provider until payment is received (upon receipt of payment, your Account will be reactivated and for purposes of automatic renewal, your new subscription commitment period will begin as of the day payment was received).
3.2.12. If you select a membership subscription, pay the Service Subscription Fee, and are not in breach of this Agreement, you will be entitled to 100% of any refund amount we recover for you through the Service.
3.2.13. You agree that if the Service identifies an Opportunity, the Service may automatically contact your Financial Institution to attempt to obtain a refund, interest rate reduction, interest payment refund, or other compensation on your behalf without any permission from you.
3.2.14. We reserve the right to make any account or user Self Service at any time based on our sole discretion.
3.2.15. IF YOUR INSTITUTION ACCOUNT IS NEGATIVE, HAS LESS THAN A $35 BALANCE, HAS BEEN NEGATIVE FOR 10 DAYS, OR OTHERWISE DEEMED BY COMPANY TO BE AT RISK OF CHARGE OFF BY YOUR INSTITUTION, OR IF YOU HAVE ANY EXISTING CLAIMS WITH YOUR INSTITUTION AT THE TIME YOU REGISTER FOR THE SERVICE, YOU MAY AUTOMATICALLY BE GIVEN A “SELF-SERVICE” ACCOUNT OR DENIED SERVICE.
3.2.16. You give us permission to:
a. contact your Institutions on your behalf by any method we deem necessary or desirable.
b. contact your Institutions multiple times regarding the same Opportunity and, in connection therewith, to transmit and share or use third-party providers to transmit and share your Financial Information, Personal Information, and all other information you provide or have provided to us, including, but not limited to, your hardships, time with the Institution, fee date, fee type, information about the fee, amount of the fee, and your signature.
3.2.17. We will communicate with you about the Service through our Site and email. Recoup is not affiliated with the financial institutions and related parties with which we may communicate on your behalf in connection with an Opportunity.
3.2.18. You authorize us to contest fees, contest interest payments, request discounts, and perform other actions on your behalf with the Institutions you have connected to the Services. You authorize us to use the signature you provide to us, when required, and provide that signature to your Institutions in pursuit of an Opportunity. YOU HEREBY APPOINT US AS YOUR ATTORNEY-IN-FACT WITH FULL AUTHORITY TO ACT ON YOUR BEHALF IN CONNECTION WITH COMMUNICATIONS WITH ANY INSTITUTION IN ORDER TO PROVIDE THE SERVICE.
3.2.19. By using the Service, you understand that we make no representation that we will file a refund claim for any or all fees in connection with an Opportunity. We make no representation that we will file claims during any regular interval. The type and frequency of claims filing is at our sole discretion based on our experience and expertise with any number of variables including, but not limited to, your Institutions, your fee history, and past successful refund history.
3.2.20. By using this Service, you understand that your Institutions may contact you after the Service has filed a refund claim on your behalf. Your Institutions may contact you via telephone, email, mail, chatbot, or other communication method. You understand and agree that we have no control over your Institutions contacting you to discuss and or verify your claim. You understand and agree that your Institutions’ contacting you directly does not modify this Agreement or our right to receive any Commission from refunds obtained from Opportunities.
3.2.21. You acknowledge and agree that if your Institution contacts you after the Service has filed a refund claim on your behalf in connection with an Opportunity, but before issuing a refund, we are entitled to Commissions resulting from the initial claim filed on your behalf by the Service and Commissions on all other refunds issued therewith, WHETHER OR NOT RESULTING FROM THE INITIAL CLAIM FILED ON YOUR BEHALF BY THE SERVICE. These include reversed or pro-rated refunded interest charges and associated fees related to the refund of an Institution fee. For instance, if we submit a claim for a previously un-refunded fee, and you later contact your Institution or your Institution contacts you to discuss that fee prior to issuing a refund, you will still pay us a Commission on that subsequent refund. You acknowledge and agree that we are entitled to such Commissions even if the fee was refunded only after your communication with your Institution because we submitted the initial claim on your behalf pursuant to an Opportunity we identified on your behalf.
3.2.22. For each claim we file, we will have 30 business days to obtain a refund on your behalf for all fees we file and those newly incurred through the end of 30 days from our date of filing. If you preemptively contact your bank during this period, it does not entitle you to deny us our Commission.
3.3 Self Service
3.3.2 Once you have selected “Self Service,” there is no additional fee to use the Service and 0% commissions are due to Recoup for each refund obtained by you.
3.3.3 If you select “Self Service,” you are responsible for contacting your Institution and filing your own refund claims in connection with any Opportunity the Service identifies.
3.3.4 IF YOUR INSTITUTION ACCOUNT IS NEGATIVE, HAS LESS THAN A $35 BALANCE, HAS BEEN NEGATIVE FOR 10 DAYS, OR OTHERWISE DEEMED BY COMPANY TO BE AT RISK OF CHARGE OFF BY YOUR INSTITUTION, OR IF YOU HAVE ANY EXISTING CLAIMS WITH YOUR INSTITUTION AT THE TIME YOU REGISTER FOR THE SERVICE, YOU MAY AUTOMATICALLY BE GIVEN A “SELF-SERVICE” ACCOUNT OR DENIED SERVICE.
4.1 We are constantly updating product and service offerings on the Service. We may experience delays in updating information on the Service and in our advertising on our Site and other applications. The information found on the Service may contain errors or inaccuracies and may not be complete or current. Products or services may be mispriced, described inaccurately, or unavailable on the Service and we cannot guarantee the accuracy or completeness of any information found on the Service.
4.2 We reserve the right to change or update information on our Site and other applications and to correct errors, inaccuracies, or omissions at any time without prior notice to you.
5.1 The Service may contain links to third-party websites and services that are not owned or controlled by us. You acknowledge and agree that we have no control over, and assume no responsibility for, the content, privacy policies, or practices of any third-party websites or services, nor do we warrant the offerings of any such third parties, their websites, or their services.
5.2 You acknowledge and agree that neither we nor our affiliate shall be responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any such content, goods or services available on or through the Site or any such third-party websites or services. We strongly advise you to carefully read and understand the terms and conditions and privacy policies of any third-party websites or services that you visit.
6.1 We may terminate or suspend your Account and bar access to the Service immediately, without prior notice or liability, in our sole and absolute discretion, for any reason whatsoever and without limitation, including but not limited to a breach of this Agreement or failure to make any payment due to us hereunder.
6.2 If you wish to terminate your Account, click the “Help” link on the Site and complete the form requesting to terminate your Account. All provisions of the Legal Agreements that by their nature should survive termination shall survive termination, including, without limitation, ownership provisions, warranty disclaimers, indemnity obligations, and limitations of liability.
6.3 If you decide to delink an account with our Service or terminate your Account entirely, you understand and agree that you will owe our Service all earned and unpaid Commissions not yet charged to your Account, and you authorize us to charge such Commissions to your Account until fully paid. Only once fully paid will your account be cancelled with Recoup.
6.4 If you decide to delink an account with our Service or terminate your Account entirely after a claim is filed but before 30 days, you understand and agree that your service with Recoup will be cancelled only once 30 days passes. This allows Recoup’s already filed claim to receive a possible refund result from your financial institution.
7.1 You agree to defend and indemnify us and our shareholders, directors, officers, employees, agents, representatives, and our affiliates and their respective employees, contractors, agents, officers and directors, harmless from and against any and all claims, damages, obligations, losses, liabilities, costs or debt, and expenses (including but not limited to attorneys’ fees), resulting from or arising out of (a) your use of and access to the Service, including, without limitation, if your Institution terminates your relationship with that Institution for any reason as a result of your filing a fee refund claim through the Service, (b) any other person’s use of and access to the Service through your Account and password, (c) your breach of the terms and conditions of this Agreement, or (d) any breach or loss of data from the Site or the Service caused by your negligent or willful act, failure or inability to comply with the terms and conditions of this Agreement.
7.2 DO NOT USE THE SERVICE IF YOUR INSTITUTION BALANCE HAS BEEN NEGATIVE FOR MORE THAN 10 DAYS, IF YOU HAVE FAILED TO MAKE REGULAR CREDIT CARD PAYMENTS OR ARE OTHERWISE IN DEFAULT.
7.3 Doing so may result in your Institution closing your account with that Institution and such being reported to credit agencies by your Institution.
7.4 Do not use the Service if you have overused overdraft fees at your Institution. Doing so may result in your Institution closing your account with that Institution and such being reported to credit agencies by your Institution.
7.5 The Service is intended only for users who have accounts in good standing with their Institution. You should not use the Service if you are persistently overdrawn or currently overdrawn and intend to use the Service to attempt to obtain a bank fee refund to bring your Institution account balance positive.
8. LIMITATION OF LIABILITY
8.1 IN NO EVENT SHALL WE, OUR AFFILIATES, OR THEIR RESPECTIVE DIRECTORS, OFFICERS, SHAREHOLDERS, EMPLOYEES, PARTNERS, AGENTS, SUPPLIERS, OR AFFILIATES BE LIABLE FOR ANY INDIRECT, INCIDENTAL, SPECIAL, CONSEQUENTIAL, OR PUNITIVE DAMAGES, INCLUDING WITHOUT LIMITATION, LOSS OF PROFITS, DATA, USE, GOODWILL, OR OTHER INTANGIBLE LOSSES, RESULTING FROM (a) YOUR ACCESS TO OR USE OF OR INABILITY TO ACCESS OR USE THE SITE OR SERVICE; (b) ANY CONDUCT OR CONTENT OF ANY THIRD PARTY ON THE SITE OR SERVICE; (c) ANY CONTENT OBTAINED FROM THE SITE OR SERVICE; OR (d) UNAUTHORIZED ACCESS, USE OR ALTERATION OF YOUR TRANSMISSIONS OR CONTENT, WHETHER BASED ON WARRANTY, CONTRACT, TORT (INCLUDING NEGLIGENCE) OR ANY OTHER LEGAL THEORY, WHETHER OR NOT WE HAVE BEEN INFORMED OF THE POSSIBILITY OF SUCH DAMAGE, AND EVEN IF A REMEDY SET FORTH HEREIN IS FOUND TO HAVE FAILED OF ITS ESSENTIAL PURPOSE.
8.2 You acknowledge and agree that all right, title, and interest in your Personal Information, Financial Information, and any other information that you provide to us will remain our property. If you accessed our Site from a referring employer, company, website, or partner (each, a “Referrer”), you understand that such Referrer has no intellectual property rights or other claim to any information you provide to us.
8.3 You agree to hold harmless each Referrer or any other third-party that referred you, in the event of a Recoup data breach.
8.4 Some jurisdictions do not allow the exclusion of certain warranties or the exclusion or limitation of liability for consequential or incidental damages, so the limitations above may not apply to you.
YOUR USE OF THE SERVICE IS AT YOUR SOLE RISK. THE SERVICE IS PROVIDED ON AN "AS IS" AND "AS AVAILABLE" BASIS. WE MAKE NO WARRANTIES OF ANY KIND, WHETHER EXPRESS OR IMPLIED, INCLUDING, BUT NOT LIMITED TO, IMPLIED WARRANTIES OF MERCHANTABILITY, FITNESS FOR A PARTICULAR PURPOSE, NON-INFRINGEMENT OR COURSE OF PERFORMANCE WITH RESPECT TO THE SERVICE, THE SITE, OR OUR OTHER APPLICATIONS. WE DO NOT WARRANT THAT (a) THE SERVICE WILL FUNCTION UNINTERRUPTED, BE SECURE, OR BE AVAILABLE AT ANY PARTICULAR TIME OR LOCATION; (b) ANY ERRORS OR DEFECTS IN THE SERVICE, THE SITE, OR OUR OTHER APPLICATIONS WILL BE CORRECTED; (c) THE SERVICE IS OR WILL BE FREE OF VIRUSES OR OTHER HARMFUL COMPONENTS; OR (d) THE RESULTS OF USING THE SERVICE WILL MEET YOUR REQUIREMENTS OR EXPECTATIONS.
10. GOVERNING LAW, VENUE, MISCELLANEOUS
10.1 This Agreement is governed by and construed in accordance with the laws of Georgia, United States, without regard to its conflict of law provisions.
10.2 Any proceeding concerning this Agreement, their interpretation, or any dispute arising under or relating to this Agreement shall be resolved exclusively in the State or Federal Courts located in Fulton County, Georgia, and you hereby agree to the venue and personal jurisdiction of these courts and waive irrevocably any and all objections you may have, including that the location is inconvenient or that witnesses will or may be unavailable.
10.3 You acknowledge and agree that our failure to enforce any right or provision of this Agreement is not a waiver of such right or provision. If any provision of this Agreement is held to be invalid or unenforceable by a court of competent jurisdiction, the remaining provisions of this Agreement will remain in effect.
10.4 This Agreement constitute the entire agreement between you and us regarding the content hereof and supersedes and replaces any prior agreement between you and us regarding the content hereof.
11.1 We reserve the right, at our sole discretion, to modify or replace any of the Legal Agreements at any time. If a revision is material we will provide at least 30 days’ notice prior to such changes taking effect. What constitutes a material change will be determined at our sole discretion.
11.2 By continuing to access or use the Service after any changes become effective, you agree to be bound by such changes.
11.3 If you do not agree to any changes, you should immediately cancel your Account and cease using and accessing the Service.
12. RECOUP REWARDS (FOR FULL SERVICE BY RECOUP MEMBERS ONLY)
12.1 You can earn “Recoup Rewards” for each referred person who is not an existing or previous user of the Service (a) who creates and Account using your unique URL (your unique URL must match the unique URL that your Referral uses to create an account to be eligible) and (b) who has at least one refund claim filed with their Institution (each, a “Referral”)
12.2 During the period beginning on the date you open your Account and ending seven days thereafter, we will give you $10 in Recoup Rewards for each Referral you make and each Referral $10 in Recoup Rewards; after the seventh day, we will give you $5 in Recoup Rewards for each Referral you make and each Referral $5 in Recoup Rewards.
12.3 Recoup Rewards are paid to you when a Commission is charged to your Account. Instead of charging your bank or credit card on file, the balance from your Recoup Rewards will be first deducted. Any remaining balance will then be charged to your bank or credit card in file.
12.4 Recoup Rewards are not redeemable on any other website or service at this time, in the form of a deposit to your bank or credit card accounts, or in United States legal tender.
12.5 We reserve the right to request and verify State or Governmental ID prior to dispersing Recoup Rewards
12.6 We reserve the right to deny Recoup Rewards to any member at any time if we believe inaccurate information has been provided to Recoup in an effort to fraudulently accumulate Recoup Rewards balances or for any reason at our sole discretion
13. RECOUP CASH (AVAILABLE TO ALL MEMBERS)
13.1 Recoup Rewards are not payable as Recoup Cash. These are two separate programs.
13.2 You can earn “Recoup Cash” for joining and referring friends who join Recoup’s Partners.
13.3 Cash amounts payable and lists of requirements for each opportunity will be clearly displayed on our website or mobile app.
13.4 Recoup Cash is paid to you no later than 60 days from accomplishing all requirements for each opportunity.
13.5 Recoup Cash is paid to you using the method listed in each opportunity or through your default Recoup Cashout account. Recoup cash is never paid to your existing bank account, P2P payment, or check unless otherwise stated.
13.6 We reserve the right to request and verify State or Governmental photo ID prior to dispersing Recoup Cash
13.7 We reserve the right to deny Recoup Cash to any member at any time if we believe inaccurate information has been provided to Recoup in an effort to fraudulently accumulate Recoup Cash balances or for any reason at our sole discretion
13.8 Recoup Cash is not payable when you invite a friend who joins a partner when that friend is already a Recoup Member.
13.9 Recoup Cash is payable only once your unpaid Recoup Cash balance exceeds $5.
13.10 Each Recoup Cash opportunity is only available once per Recoup Member, even if you have multiple Recoup accounts, aliases, different email addresses. Each Recoup member must have unique financial institutions linked to their Recoup account.
14. CONTACT US
If you have any questions about the Legal Agreements, you may contact us by clicking the “Help” link found in the footer.
Refunds Are Not Guaranteed
REFUND AMOUNTS VARY
REFUNDS FINAL DECISION OF YOUR BANK
¹Refunds are not guaranteed, vary on a case-by-case basis, and are the final decision of your financial institution. Recoup makes no representation that we will file a refund claim for any or all fees. We make no representation that we will file claims during any regular interval. The type and frequency of claims filing is at our sole discretion based on our experience and expertise with any number of variables including, but not limited to, your bank, your fee history, and past successful refund history.
Do not use Recoup if your bank balance has been negative for more than 14 days, if you have failed to make regular payments or are otherwise in default with your financial institution. Doing so may result in your financial institution closing your account. Recoup is not intended for people who are persistently or currently overdrawn and hoping a fee refund will bring their account current. Financial Institutions close accounts, with or without filing a bank fee refund claim by yourself or through Recoup, when account balances are negative for anywhere from 14-90 days. Do not use Recoup if you feel you have overused fees at your bank. Doing so may result in you bringing this to your bank’s attention sooner than otherwise — resulting in your bank closing your account. Recoup is intended only for people who have current accounts in good standing with their financial institution seeking to get some fees refunded as a courtesy.
Security is essential to everything we do at Recoup. Separate access controls are enforced at each layer of infrastructure. Multi-factor authentication is required for access to our infrastructure. All application and user access logs are stored centrally and monitored. Recoup’s infrastructure regularly undergoes both internal and external network penetration tests, and third-party code reviews. Our technology has also completed a SOC 2 report. Recoup’s platform allows client requests using strong TLS protocols and ciphers. Communication between infrastructure and financial institutions is transmitted over encrypted tunnels. All client communication with banks utilize cryptographically hashed headers and timestamps to verify authenticity.
Third party information provided for product features, communications, and communications emanating from social media communities, email, data and other information available through Riddlic, Inc dba Recoup are meant for informational purposes only and are not intended as an offer or solicitation for the purchase or sale of any financial instrument or cryptocurrency or as an official confirmation of any transaction.
The information provided is not warranted as to completeness or accuracy and is subject to change without notice. Any information about the Recoup platform, e-mails, or any other communications, are meant for informational purposes only and are not intended as an offer, solicitation, or advertisement for Recoup or any goods or services offered by Recoup or third parties. The Recoup website provides its users links to social media sites and email. The linked social media and email messages are pre-populated. However, these messages can be deleted or edited by users, who are under no obligation to send any pre-populated messages. Any comments or statements made herein do not reflect the views of Riddlic, Inc. or Recoup, or any of their subsidiaries or affiliates.
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