Terms and Conditions


    General Terms and Conditions for the Offers

  1. The promotion period is from 22 February 2018 to 30 April 2018, both dates inclusive (the "Promotion Period").
  2. Each account of the Eligible Customers can only have one iPower account under it, hence the Cash Rebate Offer will be calculated independently for each iPower account.
  3. Offer 1 & 2 can be enjoyed at the same time, but cannot be enjoyed in conjunction with other offers of the same products or services.
  4. No person other than the customer and Hang Seng Bank Limited (the "Bank") (which includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms and Conditions.
  5. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  6. These Terms and Conditions are subject to prevailing regulatory requirements.
  7. For details of the offer, please contact the staff of the Bank. The offer are offered by the Bank. The Bank reserves the right to suspend, vary or terminate the offer and to amend its terms and conditions at any time without prior notice. The Bank also reserves the right of final decision on all matters relating to the offer, which shall be binding on all parties concerned.
  8. In case of any discrepancy between the English and Chinese versions of the terms and conditions, the English version shall prevail.

    9. Specific Terms and Conditions for Offer 1 - Set up a new iPower account to enjoy $50 Cash Dollars

  9. Offer 1 is only applicable to the Preferred Banking and Integrated Account customers of the Bank ("Eligible Customers"), not applicable to customers of Prestige Signature, Prestige Banking, Commercial Banking, Private Banking customers, and the staff of the Bank and any party who enjoys special privileges and offers.
  10. Eligible Customers who successfully set up a new iPower account through Hang Seng personal e-banking during the Promotion Period can receive $50 Hang Seng Credit Card Cash Dollars ("Cash Dollars") .
  11. Eligible Customers must not hold any iPower account with the Bank from 1 September 2017 to 31 January 2018 and must not have any Fund transaction record, including fund subscription, fund switching and Advanced Fund Switching Service from 1 February 2017 to 31 January 2018.
  12. The Bank will credit the Cash Dollars into the Eligible Customers’ Hang Seng Credit Card Principal Card account on or before 31 July 2018; If the customer does not have any eligible Hang Seng Credit Card, HK$50 cash reward will be credited to such Eligible Customers’ any Integrated Account of the Bank (including Hong Kong Dollar Savings or Hong Kong Dollar Current Account of Preferred Banking, Integrated Account or Green Banking). The relevant Integrated Account and the relevant iPower Account for Offer 1 must be valid when the Cash Dollars or the cash reward is credited, otherwise the Eligible Customers will not be entitled to the Cash Dollars or the cash reward.
  13. All the relevant integrated account and/or credit card must remain valid at the time the Cash Dollars or the cash reward (as the case maybe) is being credited.
  14. The Cash Dollars cannot be transferred or converted into cash. The use of Cash Dollars is subject to the terms and conditions of the Hang Seng Credit Card Membership Rewards Programme. For details, please call the 24-hour Hang Seng Credit Card Marketing Enquiry Hotline at 2998 6899.
  15. The time for the Eligible Customers to set up a new iPower account through Hang Seng personal e-banking shall be based on the Bank’s record in case of any disputes.

    16. Specific Terms and Conditions for Offer 2 – Accumulated Growth of iPower Investment Fund Portfolio reaches the specific value can enjoy up to $1000 Cash Dollar

  16. Offer 2 is applicable to all customers who hold an iPower account ("Eligible Customers"), not applicable to customers of Commercial Banking, Private Banking customers, and the staff of the Bank and any party who enjoys special privileges and offers.
  17. Eligible Customers can receive the relevant Hang Seng Credit Card Cash Dollars ("Cash Dollars"), up to $1,000 Cash Dollars, with Accumulated Growth of iPower Investment Fund Portfolio reaches the specific value v (see the table below) during promotion period.
    Accumulated Value Growth of iPower Investment Fund Portfolio* Hang Seng Credit Card Cash Dollars Entitled
    HKD100,000 - HKD200,000 $100
    HKD200,001 - HKD500,000 $200
    HKD500,001 - HKD1,000,000 $500
    HKD1,000,001 or above $1,000
    *The "Accumulated Value Growth of iPower Investment Fund Portfolio" will be calculated based on the difference of the iPower Investment Fund Portfolio (Hong Kong Dollar) on 21 February 2018 and 30 April 2018
  18. The Bank will credit the Cash Dollars into the Eligible Customers’ Hang Seng Credit Card Principal Card account on or before 31 July 2018; If the customer does not have any eligible Hang Seng Credit Card, HKD50 cash reward will be credited to such Eligible Customers’ any Integrated Account of the Bank (including Hong Kong Dollar Savings or Hong Kong Dollar Current Account of Prestige Signature, Prestige Banking, Preferred Banking, Integrated Account or Green Banking). The relevant Integrated Account and the relevant iPower Account for Offer 2 must be valid when the Cash Dollars or the cash reward is credited, otherwise the Eligible Customers will not be entitled to the Cash Dollars or the cash reward.
  19. All the relevant integrated account and/or credit card must remain valid at the time the Cash Dollars or the cash reward (as the case maybe) is being credited.
  20. The Cash Dollars cannot be transferred or converted into cash. The use of Cash Dollars is subject to the terms and conditions of the Hang Seng Credit Card Membership Rewards Programme. For details, please call the 24-hour Hang Seng Credit Card Marketing Enquiry Hotline at 2998 6899.
  21. Fund subscription and switching applications which are received after the cut-off time of the Relevant Investment Funds on the last day of the Promotion Period (30 April 2018) will not be regarded as application made during the Promotion Period and will not be counted towards the Accumulated Growth Amount of iPower Investment Fund Portfolio within the Promotion Period. All such applications will be processed on the next dealing day. Please note that different cut-off times may apply to subscription or switching applications for different funds and / or subscription or switching applications for the same fund through different channels. Customers are advised to contact our staff to enquire about the cut-off time for the relevant subscription or switching applications.