Last Updated: May 1, 2021

General
 The following terms and conditions (the “Terms”) are applicable to the Lion’s ShareSM Loyalty Program (the “Lion’s Share Program”) that ML Plus LLC and its affiliates (collectively, “MoneyLion”) provides to MoneyLion members (“member”, “you” or “your”) for engaging in certain membership-related activities. The Lion’s Share Program is offered at the sole discretion of MoneyLion. By participating in the Lion’s Share Program, you agree that you have read, understand and are bound by these Terms.  

These Terms supplement and become a part of your MoneyLion Membership Program and Services Agreement with ML Plus LLC (the “Membership Agreement”) and unless specifically stated in these Terms, terms defined in the Membership Agreement will have the same meaning in these Terms. In the event of a conflict between these Terms and the Membership Agreement, these Terms will control for purposes of the Lion’s Share Program only. Your use of any MoneyLion services or products, including making purchases with the MoneyLion-branded debit card (a “Debit Card”) associated with your deposit account (“Deposit Account”) provided by MoneyLion’s partner bank, MetaBank (the “Bank”) constitutes your acceptance of the Lion’s Share Program. The Bank has no duties, obligations, or relationship relating to the Lion’s Share Program. MetaBank is not affiliated in any way with the Lion’s Share Program and does not endorse or sponsor this offer. These Terms are subject to other agreements you enter into with MoneyLion and its affiliates and service providers, including, without limitation, the MoneyLion Terms of Service and Privacy Policy.

The terms and conditions of the Lion’s Share Program are subject to change or cancellation from time to time for any reason or no reason. MoneyLion may provide notice of changes to the Lion’s Share Program as and if required by applicable law. You should check these Terms frequently in order to understand the current terms and conditions that apply to the Lion’s Share Program. Your continued participation in the Lion’s Share Program will confirm your acceptance of any changes made to the program.

Loyalty Program Overview and Eligibility 
The Lion’s Share Program is a way for MoneyLion to reward and thank its loyal members for utilizing the MoneyLion app, making certain purchases with their Debit Cards or taking certain other qualifying actions. You must apply to and be accepted as a MoneyLion Credit Builder Plus Program (“Plus Program”) member to be eligible for the Lion’s Share Program. By signing up for a Plus Program Membership, you will automatically be enrolled in the Lion’s Share Program. Additionally, you must be a MoneyLion Plus Program member enrolled in the $19.99 per month membership plan to earn and be entitled to receive Lion’s Share Monthly Payments (as defined in the Section entitled Participation and Benefits). MoneyLion reserves the right at any time to limit the number of participants in the Lion’s Share Program or in any individual Tier (defined below).

MoneyLion may limit or terminate your participation in the Lion’s Share Program or terminate any rewards, discounts, or special offers you have earned under the Lion’s Share Program if you have violated these Terms, if you are not a MoneyLion member in good standing, if you have defaulted on any obligations under your Membership Agreement or any other agreement with MoneyLion, or if you have been inactive for a period of time determined solely by MoneyLion. 

Participation and Benefits 
The rewards and benefits you are entitled to receive under the Lion’s Share Program are dependent upon how frequently you take certain actions related to your MoneyLion Membership. The Lion’s Share Program is divided into different loyalty tiers (“Tiers”), which provide different levels of rewards and benefits under the program. There are five unique Tiers in the Lion’s Share Program: Bronze, Silver, Gold, and Platinum. Your program Tier is determined at the end of each calendar month based on (i) how many days during that calendar month you logged into your MoneyLion App and viewed any screen and (ii) how many Qualified Purchases (defined below) you made with your Debit Card during that month. The table below describes how you can earn status in a particular Tier: 






MoneyLion Lion’s ShareSM Loyalty Program
Terms and Conditions

MoneyLion members who earn status in a Tier for a given month will be entitled to a monetary payout for that month (the “Lion’s Share Monthly Payment”), as further described below.  Additionally, earning status in a Tier may also make you eligible for certain rewards, benefits, and offers applicable to that Tier, which may change from time to time and may be offered on a limited basis. Information regarding rewards, benefits, and offers available to a particular Tier may be posted in the FAQ or may be communicated through other media (e.g., via email, direct communications, marketing communications, social media, etc.). Visit our FAQ to learn more about Tiers.

For purposes of the Lion’s Share Program, “Qualified Purchases” are purchases for goods or services of at least $10.00 that you make with your Debit Card that post to your account during a particular calendar month, after subtracting any returns, credits or other adjustments. Qualified Purchases do not include balance transfers, cash advances, loan proceeds, ATM transactions, finance charges, fees, interest charges, gambling transactions, peer-to-peer transfers from services such as PayPay, Cash App, or Venmo, unauthorized/fraudulent transactions, and certain other charges. Transactions that are not Qualified Purchases (including those that are shown as pending or authorized but not posted to your account by the end of a calendar month) do not count toward your Tier status for that month. Purchases that otherwise constitute Qualified Purchases that are shown as pending or authorized at the end of a calendar month and post to your account in the following month will count toward your Tier status in the following month. MoneyLion receives transaction data regarding purchases (including as to whether a purchase is pending, authorized, or posted to an account) from third-party merchants and payment processors. MoneyLion will not be responsible for any failure of a merchant or payment processor to provide timely or accurate information regarding a purchase to MoneyLion.

Lion’s Share Program Tiers are determined at the end of each calendar month.  For clarity, you must re-qualify for a particular Tier status each month; Tier status is not maintained from month-to-month without re-qualification. MoneyLion reserves the right to change how you earn status in each Tier and how it evaluates and defines each purchase and/or action required to earn status in a Tier.

Lion’s Share Monthly Payments 
At the beginning of each month, each participant in the Lion’s Share Program who is a qualifying MoneyLion Plus Program member on the $19.99 per month payment plan and who has earned status in a Tier will be entitled to a Lion’s Share Monthly Payment. The Lion’s Share Monthly Payment for the Platinum Tier will be $19.99 per month. Currently, the Lion’s Share Monthly Payments are $10.00 for the Gold Tier, $5.00 for the Silver Tier, and $2.00 per month for the Bronze Tier.

Any Lion’s Share Monthly Payments to which you are entitled will be credited to your MoneyLion investment advisory account (the “Advisory Account”). MoneyLion may, in its discretion, allow members to apply Lion’s Share Monthly Payments in different manners, such as applying the amounts toward outstanding amounts you owe on any loan you have borrowed from MoneyLion or its affiliates or partner banks. MoneyLion has sole discretion with respect to how Lion’s Share Monthly Payments are awarded under the Lion’s Share Program. The Lion’s Share Monthly Payments will be treated for tax purposes as a discount against a member’s monthly Membership Fee. 

To be eligible for Lion’s Share Monthly Payments, your Deposit Accounts and Advisory Accounts must be open and in good standing, your Deposit Account must have a positive cash balance, and you must be a MoneyLion Plus Program member in good standing (which may include being current on payments of any loan you have borrowed from MoneyLion or its affiliates or partner banks).

Generally, Lion’s Share Monthly Payments will be awarded on a monthly basis within five business days of the end of the applicable month in which you earned status in a qualifying Tier.  Earned Lion’s Share Monthly Payments will be reflected on your Advisory Account statement. If either your Deposit Account or Advisory Account is closed before the Lion’s Share Monthly Payments are awarded or if either account or your MoneyLion Plus Program Membership is not in good standing at the time Lion’s Share Monthly Payments are to be awarded, all Lion’s Share Monthly Payments for the current month will be forfeited.

Lion’s Share Monthly Payments are non-negotiable and cannot be redeemed for any benefit except those designated by MoneyLion. Lion’s Share Monthly Payments do not have value until they are awarded pursuant to these Terms. Until they are awarded, Lion’s Share Monthly Payments are not property, and may not be brokered, bartered, attached, pledged, gifted, sold, or unless specifically authorized by MoneyLion, transferred to anyone else under any circumstances, including, but not limited to: disability, death, or in connection with any domestic relations dispute and/or legal proceeding.

For any Lion’s Share Monthly Payments that are credited to your Advisory Account, those funds will be subject to all of the terms and conditions of your ML Wealth LLC investment advisory agreement, which are reflected in ML Wealth’s Form ADV, available at https://moneylion.com/adv. Among other things, funds in your Advisory Account are not FDIC insured, may lose value and are subject to a $0.25 per-security broker-dealer withdrawal fee and a periodic account administrative fee.

If any transaction(s) that led to your eligibility to receive a Lion’s Share Monthly Payment is either refunded, credited, or otherwise rescinded after Lion’s Share Monthly Payments have been awarded, MoneyLion may, in its discretion, withhold subsequent Lion’s Share Monthly Payments or collect any amount(s) you owe, in any appropriate manner, including, but not limited to, the posting of an equivalent dollar debit to your Deposit Account or Advisory Account.

MoneyLion’s decisions regarding Lion’s Share Monthly Payment discrepancies shall be final.  Unless specifically authorized by MoneyLion, Lion’s Share Monthly Payments may not be combined with other discounts, special rates, promotions, or other reward programs offered by MoneyLion.

Miscellaneous
MoneyLion can immediately suspend or disqualify you from the Lion’s Share Program, in whole or in part, at any time and for any reason. MoneyLion will suspend or disqualify you from the Lion’s Share Program if you violate any terms and conditions governing your MoneyLion Deposit Account, Advisory Account or MoneyLion Membership, engage in fraud or suspected fraud or someone associated with your Deposit Account or Advisory Account does so, misuse or game the Lion’s Share Program or if you take another similar action, according to MoneyLion in its sole discretion. If MoneyLion suspends or cancels your participation in the Lion’s Share Program, this action may prevent you from earning and/or using Lion’s Share Monthly Payments or other rewards and benefits available under the Lion’s Share Program, decrease Lion’s Share Monthly Payment values, cause you to lose Lion’s Share Monthly Payments and other rewards and benefits under the program, and/or require MoneyLion and the Bank to close your Deposit Account and/or MoneyLion to close your Advisory Account. You are responsible for all transactions and other activities resulting from the use of your Deposit Account and associated Debit Card.

The Lion’s Share Program is available for personal, family, and household use only. MoneyLion reserves the right to disallow or remove Lion’s Share Monthly Payments and any other rewards or benefits under the Lion’s Share Program awarded for transactions made for other than personal, family, or household use.

You agree to release MoneyLion, the Bank and their respective parents, subsidiaries, affiliates, directors, officers, employees, contractors, agents and representatives from all liability for loss, claim, expense, or damages sustained by you, in connection with the receipt, ownership or use of any Lion’s Share Monthly Payments or other rewards and benefits provided under the Lion’s Share Program. The foregoing parties shall not be liable for incidental, punitive, exemplary, indirect or consequential damages (including lost profits), and the sole extent of liability, if at all, shall not exceed $100. Neither MoneyLion nor the Bank is responsible for typographical errors and/or omissions in any Lion’s Share Program document.

You are responsible for determining any tax liability arising from participation in the Lion’s Share Program. Consult your tax advisor concerning tax consequences.

Disclosures
RoarMoney℠ demand deposit account provided by, and MoneyLion Debit Mastercard® issued by, MetaBank®, National Association, Member FDIC. RoarMoney is a service mark of MoneyLion, which offers and provides services for the RoarMoney Account among its suite of financial products and services. Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International. Funds are FDIC insured, subject to applicable limitations and restrictions, when we receive the funds deposited to your account.

Credit Builder Plus membership ($19.99/mo) unlocks eligibility for Credit Builder Plus loans and other exclusive services. A soft credit pull will be conducted which has no impact to your credit score. Credit Builder Plus loans have an annual percentage rate (APR) ranging from 5.99% APR to 29.99% APR, are made by either exempt or state-licensed subsidiaries of MoneyLion Inc., and require a loan payment in addition to the membership payment. The Credit Builder Plus loan may, at lender’s discretion, require a portion of the loan proceeds to be deposited into a reserve account maintained by ML Wealth LLC and held by Drivewealth LLC, member SIPC and FINRA. The funds in this account will be placed into money market and/or cash sweep vehicles, and may generate interest at prevailing market rates. You will not be able to access the portion of your loan proceeds held in the credit reserve account until you have paid off your loan, and until your Credit Builder Plus membership payments are current. If you default on your loan, your credit reserve account may be liquidated by the lender to partially or fully satisfy your outstanding indebtedness. May not be available in all states.

Credit Reserve Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclaimers relating to the MoneyLion Credit Reserve Account, see Investment Account FAQs and FORM ADV.

Credit score improvement is not guaranteed. A soft credit pull will be conducted which has no impact to your credit score. Credit scores are independently determined by credit bureaus, and on-time payment history is only one of many factors that such bureaus consider. Your credit score may be negatively impacted by other financial decisions you make, or by activities or services you engage in with other financial services organizations. MoneyLion is not a Credit Services Organization.

Investment advisory services provided by ML Wealth LLC. Investment Accounts Are Not FDIC Insured • No Bank Guarantee • Investments May Lose Value. For important information and disclaimers relating to the MoneyLion Investment Account, see Investment Account FAQs and FORM ADV. Broker-Dealer may charge a $0.25 ACH withdrawal fee, among other fees. Accounts are subject to administrative fee of $1 per month.