Draft Terms of Service

These proposed Terms are not currently in effect. If Dracit Ltd. is incorporated and approved Terms are later published as effective, Dracit will present them before account creation or sign-in and explain how acceptance works. For this draft, “Dracit,” “we,” and “us” describe the proposed future corporation, not an unidentified current contracting party. The current Privacy Policy explains how the service handles information now. The sections below describe proposed rules only; they would apply only after an effective version is published by an incorporated operator.

The proposed Terms are intended for residents of Canada who have reached the age of majority in their province or territory and can form a binding agreement. An effective version would permit use only where lawful.

Dracit currently lets you sign in with email and password or use Google for identity. Under an effective version of these Terms, you would be responsible for keeping your credentials or Google account secure, for activity under your account, and for keeping the information you provide accurate. Tell support promptly if you believe someone else has accessed your account.

If an effective version is published, the following acceptable-use rules would apply:

• Use your own information. Upload only statements or financial data that are yours or that you are authorized to use.
• Do not attack or interfere with Dracit. Do not bypass access controls, probe another account, introduce malicious code, overload the service, or use unauthorized automated bulk access.
• Do not resell or misrepresent the service. Do not relabel Dracit's output as your own product or imply an issuer endorses Dracit.
• Follow the law. Do not use Dracit to violate applicable law or another person's rights.

You keep ownership of information you provide. Under an effective version, you would give the incorporated operator a limited, non-exclusive permission to process, categorize, store, display, and secure that information only as needed to provide and operate the service. That permission would end when the information is deleted, subject to lawful retention described in the Privacy Policy.

Dracit provides informational credit-card reward calculations. Dracit is not a bank, card issuer, broker, lender, financial advisor, tax advisor, lawyer, or credit counsellor. Using Dracit does not create an advisory or fiduciary relationship. Read the Financial Disclaimer before relying on an estimate.

Reward rates, fees, caps, eligibility rules, perks, offers, and redemption values can change or vary by person. Dracit may label calculations as exact, estimated, unavailable, or requiring review based on the evidence it has; those labels do not guarantee an issuer outcome. Your issuer's current agreement and decisions always control. Confirm material details directly with the issuer before applying for, closing, or changing how you use a card.

Under an effective version, the operator could add, change, suspend, or remove features, and the service could experience interruptions. The proposed Terms would not promise that the service, any card record, or any calculation will always be available. Where reasonably practicable, material service changes would be explained in the service or on a relevant policy page.

Dracit's software, design, written content, and original calculation materials are owned by or licensed to its operator and are protected by applicable law. An effective version of these Terms would give you a limited, personal, non-transferable right to use the service for its intended purpose. Card names, issuer names, and logos remain the property of their respective owners. Dracit is independent and is not endorsed by a card issuer unless expressly stated.

The proposed disclaimer would provide Dracit “as is” and “as available,” to the extent permitted by law, without warranties or conditions of merchantability, fitness for a particular purpose, non-infringement, uninterrupted availability, or error-free operation. An effective version would not exclude a warranty, condition, or consumer right that applicable law does not allow the operator to exclude.

The proposed limitation would state, to the extent permitted by law, that Dracit and its incorporated operator are not liable for indirect, incidental, special, consequential, or punitive loss, lost rewards, lost profits, lost data, or a decision made from an estimate. For a claim arising from the service, it would limit total liability to the greater of CAD $100 and the amount paid for Dracit during the 12 months before the event.

Any effective limitation would not apply where liability cannot lawfully be excluded or limited and would not waive any mandatory consumer protection, privacy right, or remedy available under applicable law.

You may stop using Dracit at any time. Under an effective version, the incorporated operator could suspend or end access where reasonably necessary to protect the service or another user, investigate misuse, comply with law, or address a material breach. Where appropriate and lawful, the operator would give notice and an opportunity to address the issue. Data handling remains governed by the Privacy Policy and applicable law.

If these Terms become effective, the operator may update them as Dracit or applicable law changes. The page would show an effective date rather than a draft-updated date. For material changes, the operator would provide reasonable notice in the service where practicable and obtain additional consent if applicable law requires it. Continued use after a later effective date would mean acceptance of the updated Terms; a user who does not agree would need to stop using the service.

Dracit is operated from British Columbia, Canada. If published as effective, these Terms would be governed by the laws of British Columbia and the federal laws of Canada applicable there, without regard to conflict-of-law rules. The proposed process asks a user to contact support before starting a formal claim and give the operator a reasonable opportunity to resolve it.

Subject to mandatory law, the proposed forum would be the courts of British Columbia. If consumer law in a user's province or territory gives the right to use another court, tribunal, governing law, or remedy, an effective version would not take that right away.

If an effective version is published and part of it is unenforceable, the rest would remain in effect to the extent permitted by law. A delay in enforcing a term would not be a waiver. That effective version and the policies it references would form the agreement about use of Dracit and replace earlier terms on that subject. A user could not transfer an account or those Terms without written permission; the incorporated operator could transfer them as part of a lawful reorganization or transfer of the service, subject to applicable privacy law.

Contact Dracit at support@dracit.ca for product, account, legal, or privacy questions. Do not email bank credentials, passwords, card numbers, or full statements.