Maza Premier Terms of Service

Premier Beta Program Terms and Conditions

These Premier Beta Terms and Conditions (“Terms”) between You and Maza Financial, Inc. (“Maza”) set forth the terms governing the option to earn additional bonus funds (“Bonus Yield”) on eligible Savings Pocket(s) (as defined in Section 6 of these Terms) in connection with Your Maza Account (“Account”).  “We,” “our,” and “us” refer to Maza, our successors, affiliates, or assignees. “You,” and “Your”  refer to the owner of the Account. These Terms are in addition to all other terms and conditions You have already accepted and agreed to, including without limitation the ITIN Terms of Service and the Consumer Deposit Agreement; see Sections 4 and 5 below for more detail. Premier is provided by Maza, which is a financial technology company, not a bank.

Bonus Yield on Savings Pockets is only available to holders of an Account, subject to additional qualifying criteria defined in Sections 4 and 6 of these Terms.

1. Introduction to Beta Program:

The Premier Beta Program ("Beta Program") is an invite-only, testing phase during which Customers (as defined below in Section 4) are temporarily provided a complimentary, new subscription product called "Premier" before its official launch. Customers who participate (“Participants”) will be asked to provide feedback during the Beta Program. 


2. Overview of Premier Subscription Product:

"Premier" is a subscription-based product designed to assist You in saving money by providing built-in incentives and features tailored to Your savings goals.


3. Subscription Beta Program Details:

Participants in the Beta Program will receive a complimentary trial of the Premier subscription. After the complimentary trial period concludes, Participants will be auto-renewed to continue with the Premier Subscription at a cost of $4.99 per month, payable in advance.  


4. Eligibility for Subscription Option:

This Beta Program is exclusively available to customers of Maza who have both obtained an Individual Taxpayer Identification Number (ITIN) with Maza and who maintain an account with Blue Ridge Bank through their Maza Account


5. Additional Agreements:

By opting into or otherwise enrolling in or subscribing for the Premier product, You acknowledge that additional agreements govern Your relationship with Maza, including the Consumer Deposit Account Agreement, ITIN Terms and conditions, the Maza Privacy Policy, the Maza Terms of Service, and the Electronic Disclosure and Consent (collectively, the “Additional Agreements”). These agreements and policies are incorporated by reference.


6. Premier Features and Requirements:

  • Savings Pockets: means Accounts at Blue Ridge Bank are eligible to receive bonus yields and other functionality.
  • Bonus Yield:  means additional bonus funds earned based on the balance in your Savings Pockets. 
  • During the Beta Program and if You enroll in the Premier Program thereafter, the Bonus Yield will be equivalent to 4% annual percentage yield. It is not interest paid by a financial institution but is solely an obligation of Maza. Bonus Yield may be subject to change at Maza's sole discretion.
  • Other Rules and Requirements:
  • Bonus Yield will be compounded daily and credited (where it will become “earned”) to the Savings Pocket on a daily basis when the credit is one cent or greater. You will only be able to earn a Bonus Yield on any portion of your eligible Savings Pocket balance. This method applies a daily periodic rate to the principal and Bonus Yield that has been accrued to the Savings Pocket each day. The daily periodic rate is calculated by dividing the Bonus Yield rate by three hundred sixty-five (365) days.
  • All Participants will receive the Bonus Yield base rate equal to 4.00% annually. To continue receiving the Bonus Yield rate of 4.00% annually, You must continue to be subscribed to Premier.
  • When you withdraw funds from your Savings Pocket, the amount available for withdrawal is limited to the available balance of the Savings Pocket inclusive of Bonus Yield, which may be what was earned through the previous calendar day to the withdrawal request. You will forfeit any Bonus Yield if your Account is closed before the Bonus Yield is credited.
  • For the avoidance of doubt, a Bonus Yield refers to the daily payments from Maza calculated in accordance with the terms above. Maza is not a bank and Bonus Yield is not an annual percentage yield product as defined under the regulations or a savings account and is solely an obligation of Maza. Bonus Yield is a promotional bonus and can be discontinued, restricted, or modified at any time in Maza’s sole discretion.
  • Bonus Yield will be reported on IRS Form 1099-MISC (or Form 1042-S, if applicable). If Your Account is closed for any reason other than at our discretion within six months after enrollment, we will deduct Bonus Yield amounts at closing (i.e., the Bonus Yield will not be earned). To remain enrolled in Bonus Yield, Your Account must remain open and in good standing, and You must continue to satisfy the obligations of these Terms and the terms and conditions of the Additional Agreements.
  • The annual cap on earnings from Bonus Yield is equal to $500.
  • Additional Premier Benefits:
    • VIP Phone Support:  Dedicated support line for Premier subscribers to assist with inquiries regarding Maza products.
    • Automated Transfers:  Transfers that can be scheduled for future dates and recurring intervals, including ACH and intra-account transfers.
    • Intelligent Reminders:  Email, SMS, and push notifications to prompt you to save money.  By agreeing to these terms and conditions, you are agreeing to allow Maza to send you messages, at any time, through any means, with the goal of helping you save.
    • ITIN Renewal Services:  Maza will provide Premier subscribers complimentary ITIN renewal services and submission to the IRS. Renewal is ultimately at the discretion of the IRS and Maza cannot guarantee your ITIN will be renewed.

7. Amendments to Terms 

We reserve the right to amend or change these Terms at any time by posting amended Terms on Amendments will be effective upon posting, with notification provided as required by applicable law. You will be notified of any amendment(s) in the manner provided by applicable law prior to the effective date of the amendment(s). However, if the amendment(s) is made for security purposes, we can implement it without prior notice.

8. Cancellation or Suspension:

To avoid being charged, you must cancel at least a day before each renewal date.  You may cancel these Terms by opting out of the Premier subscription through the App Store where you are registered.  Maza may cancel or suspend Your use of the Premier subscription or these Terms at any time and for any reasonable cause or reason. 

By participating in the Beta Program and opting into the Premier product, You agree to these Terms and the terms and conditions of the Additional Agreements; together they represent the entire agreement and understanding of the parties with respect to the subject matter hereof. In the event of any direct inconsistency between these Terms and the terms and conditions of the Additional Agreements, these Terms govern; otherwise these Terms are in addition to such other terms and conditions If you have any questions or concerns, please contact us through the Mobile App or at for assistance.