CashewPromoter: NMAKI SG PTE LTD (UEN: 202438193K), operating under the brand "Cashew", a digital mortgage platform. Registered address: 400 Orchard Road #18-08, Singapore 238875. Effective date: 23 July 2026.
These Terms and Conditions ("Terms") govern the Cashback promotion (the "Promotion") offered by Cashew. By accepting the Promotion, you ("you", "the Client") agree to be bound by these Terms.
Cashback: the cash amount payable to the Client under the Promotion, calculated in accordance with Clause 4.
Loan: a residential or commercial property loan facility arranged through Cashew, in partnership with a participating bank or lender.
Loan Amount: the principal amount of the Loan facility that is approved and successfully disbursed by the bank or lender. Where the disbursed principal differs from the approved amount, the disbursed principal applies.
Disbursement: the successful release of the Loan funds by the bank or lender to or on behalf of the Client.
Advisor: the Cashew advisor managing the Client's case.
Influencer: a content creator engaged or authorised by Cashew to promote the Promotion.
Qualifying Video: a video published by an Influencer that promotes Cashew and this Promotion.
Affiliate Link: the unique referral or tracking link provided by Cashew to an Influencer and included in or alongside the Qualifying Video.
Lead: an enquiry submitted by the Client through Cashew expressing interest in arranging a Loan.
Eligibility Window: the period of 14 calendar days beginning on the date the relevant Qualifying Video is posted.
bps: basis points, where 1 bps equals 0.01% (0.0001).
The Promotion is available to Clients who create a Lead with Cashew, through a valid Affiliate Link, within the Eligibility Window of a Qualifying Video. A Client who creates a qualifying Lead within the Eligibility Window remains eligible for Cashback whenever the resulting Loan proceeds to Disbursement, however long after the Eligibility Window that occurs. The Promotion may be extended, varied, or withdrawn by Cashew at any time.
3.1 The Promotion is open to Clients whose Loan is arranged through Cashew and whose Loan Amount is S$250,000 or more.
3.2 The Promotion applies only in respect of a Qualifying Video published by an Influencer who has been authorised by Cashew to offer this Promotion. Videos or content from persons not so authorised do not qualify.
3.3 To be eligible, the Client must access Cashew and create their Lead through the Affiliate Link associated with the Qualifying Video, and must do so within the Eligibility Window. Leads not originating from a valid Affiliate Link, or created before the Qualifying Video is posted or after the Eligibility Window has closed, do not qualify.
3.4 The Loan must be successfully disbursed. No Cashback is payable on Loans that do not proceed to Disbursement, regardless of the reason.
3.5 The Client must hold a valid Singapore bank account registered for PayNow in the Client's own name, capable of receiving the Cashback payment (see Clause 5).
4.1 The standard Cashback is calculated as follows: 3 bps of the Loan Amount, subject to a minimum of S$100 and a maximum of S$3,000, rounded down to the nearest S$10.
4.2 The amount payable in any specific case is confirmed by your Advisor and may differ from the standard figure where a different amount has been expressly agreed with your Advisor. In all cases the figure confirmed in writing by your Advisor prevails.
4.3 Worked examples (standard Cashback):
| Loan Amount | Cashback |
|---|---|
| S$250,000 | S$100 (minimum applies) |
| S$400,000 | S$120 |
| S$1,000,000 | S$300 |
| S$2,000,000 | S$600 |
| S$5,000,000 | S$1,500 |
| S$10,000,000 | S$3,000 (maximum applies) |
4.4 Rounding example: a Loan Amount of S$780,000 yields 3 bps of S$234, which is rounded down to S$230.
4.5 One Cashback payment is made per qualifying Loan. Where a single transaction involves more than one Loan facility, your Advisor will confirm how the Promotion applies.
5.1 The Cashback is paid via PayNow to the Client's registered PayNow account.
5.2 Payment is made after successful Disbursement of the Loan.
5.3 It is the Client's responsibility to maintain a valid, active PayNow registration in the Client's own name and to provide accurate payment details when requested. Cashew is not responsible for delays or non-payment arising from invalid, inactive, or incorrectly provided details.
5.4 Cashback is paid in Singapore Dollars (SGD) only.
6.1 The Cashback promotion and the Max Miles promotion cannot be combined. The Client may receive Cashback or Max Miles in respect of a Loan, but never both.
6.2 The Cashback cannot be exchanged, transferred, or substituted for any other benefit, item, or form of credit except as set out in these Terms.
7.1 If the Loan is cancelled, rescinded, or otherwise does not complete Disbursement, no Cashback is payable.
7.2 If the Cashback has been paid and it is subsequently found that the Loan was not validly disbursed, that eligibility was not met, or that incorrect or misleading information was provided, Cashew reserves the right to recover (claw back) the full Cashback amount from the Client.
7.3 Cashew reserves the right to withhold or recover Cashback, and to disqualify any Client, where there is reasonable suspicion of fraud, abuse, manipulation, or any conduct intended to circumvent these Terms.
The Client is responsible for any tax liability that may arise in connection with receiving the Cashback. The Cashback amount is stated and paid without any adjustment for tax.
9.1 Cashew reserves the right to amend, suspend, or withdraw the Promotion, or to vary these Terms, at any time without prior notice. Any change does not affect a Cashback already validly confirmed in writing for a Loan that subsequently completes Disbursement.
9.2 The Promotion is offered subject to the Client's Loan being arranged through Cashew in the ordinary course. These Terms do not form part of, and do not vary, the terms of the Loan itself, which are governed by the agreement between the Client and the relevant bank or lender.
9.3 To the fullest extent permitted by law, Cashew is not liable for any indirect or consequential loss arising in connection with the Promotion.
9.4 If any provision of these Terms is found to be invalid or unenforceable, the remaining provisions continue in full effect.
9.5 In the event of any dispute, Cashew's decision on all matters relating to the Promotion is final.
Personal data collected in connection with the Promotion is handled in accordance with Cashew's privacy policy and the Personal Data Protection Act 2012 of Singapore. Data is used to administer the Promotion, verify eligibility, and process payment.
These Terms are governed by the laws of Singapore, and the parties submit to the exclusive jurisdiction of the Singapore courts.
This Promotion is offered by NMAKI SG PTE LTD (Cashew). Cashew arranges mortgages in partnership with all major banks and lenders.
© 2026 Cashew. All rights reserved.
