| Terms and Conditions of the Extra $50 Cash Dollars
Reward for Online Application: |
1. |
To be entitled to the Extra $50 Cash
Dollars Reward, Principal Card customer is required to
submit the application of Hang Seng Credit Card (including
Visa Platinum Card / Platinum MasterCard / Visa Gold Card
/ Gold MasterCard / Visa Card / MasterCard / MPOWER Card)
(not applicable to Student Card) via online and be successfully
approved from 2 April to 31 August 2013. |
2. |
This offer is only applicable to
customers without holding any Hang Seng Credit
Card Principal Card currently and / or in the past 12
months. |
3. |
Customers are entitled to $50 Cash
Dollars upon making retail transaction once (no requirement
on spending amount) within 60 days from the issue date
of the Card Collection Advice. |
4. |
The $50 Cash Dollars will be credited
to Principal Card customer’s Credit Card Account within
2 months upon the spending requirement is fulfilled and
a notification letter will be mailed to the Principal
Card customer. |
5. |
To be entitled to the
Cash Dollars, the relevant Credit Card Account must be
still valid and in good standing when the Cash Dollars
are credited. |
6. |
If the customer has
received $50 Cash Dollars but subsequently cancels the
Credit Card Account within 13 months from the date of
account opening, a handling fee of HKD50 will be charged. |
Terms and Conditions of the Extra $100 Cash Dollars Reward
for Online Application: |
1. |
The Extra $100 Cash Dollars Reward
is only applicable to Principal Card customer who applies
for a Hang Seng Credit Card (including Visa Platinum Card
/ Platinum MasterCard / Visa Gold Card / Gold MasterCard
/ Visa Card / MasterCard / MPOWER Card) (not applicable
to Student Card) together with a Hang Seng CUP
Credit Card at the same time via online and the
applications for both cards are successfully approved
from 2 April to 31 August 2013. |
2. |
This offer is only applicable to
customers without holding any Hang Seng Credit
Card and Hang Seng CUP Credit Card Principal Card currently
and / or in the past 12 months. |
3. |
Customers are entitled to $100 Cash
Dollars upon making retail transaction once (no
requirement on spending amount) with both successfully
applied Hang Seng Credit Card and Hang Seng CUP Credit
Card within 60 days from the issue date of the Card Collection
Advices respectively. |
4. |
$50 Cash Dollars will be credited
to Principal Card customer’s Hang Seng Credit Card Account
and $50 Cash Dollars will be credited to Principal Card
customer’s Hang Seng CUP Credit Card Account within
2 months upon the spending requirement is fulfilled and
a notification letter will be mailed to the Principal
Card customer. |
5. |
To be entitled to the
Cash Dollars, the relevant Credit Card Accounts must be
still valid and in good standing when the Cash Dollars
are credited. |
6. |
If the customer has
received $100 Cash Dollars but subsequently cancels the
relevant Credit Card Accounts within 13 months from the
date of account opening, a handling fee of HKD100 will
be charged. |
Terms and Conditions for the Welcome Offers: |
| Eligibility for the Welcome Offers |
| 1. |
The welcome offers are valid from
2 April to 31 August 2013 (“Promotion Period”). |
2. |
The welcome offers are
only applicable to Principal Card applicants who apply
for the following credit cards (“Designated Credit Cards”)
and whose applications are successfully approved during
the Promotion Period: |
| |
(i) |
Type
1 Credit Cards: Hang Seng CUP Credit Card (including
CUP Platinum Card / CUP Credit Card) or Hang Seng
Renminbi Credit Card (including Renminbi Platinum
Card / Renminbi Gold Card / Renminbi Credit Card);
and/or |
(ii) |
Type
2 Credit Cards: Hang Seng Visa Card (including
Visa Platinum Card / Visa Gold Card / Visa Card),
Hang Seng MasterCard (including Platinum MasterCard
/ Gold MasterCard / MasterCard), or Hang Seng
MPOWER Card. |
|
3. |
“New credit card
customers” refers to Principal Card applicants who
are not holding currently and/or have not held in the
preceding 12 months the Principal Card of any
credit card / affinity card / co-branded card / spending
card issued by Hang Seng Bank Limited (“Hang Seng”)
(“New Credit Card Customers”). “Existing credit
card customers” refers to Principal Card applicants
who are holding currently and/or held in the preceding
12 months the Principal Card of any credit card / affinity
card / co-branded card / spending card issued by Hang
Seng (“Existing Credit Card Customers”). |
Up to $1,600 Cash Dollars Reward: |
4. |
To be entitled to a total of $1,600
Cash Dollars Reward ($800 Cash Dollars for each credit
card) / $800 Cash Dollars Reward, New Credit Card Customers
are required to submit the valid documents required, including
a copy of the relevant Hong Kong Identity Card / Passport
and income proof of the latest month / latest tax demand
note (please refer to the back page of the Credit Card
Application Form for details) via the designated means
as stated in clause 7 of these Terms and Conditions within
7 days upon submission of the application form. If
the required valid documents cannot be submitted within
7 days upon submission of the application form, only a
total of $1,000 Cash Dollars Reward ($500 for each credit
card) / $500 Cash Dollars Reward will be offered to New
Credit Card Customers. |
5. |
Customers are required to fulfill
the relevant requirements as follows in order to enjoy
the respective welcome offer: |
|
Applicable to the New Credit Card
Customers: |
| |
Welcome
Offer |
Application
Requirements for Designated Credit Cards |
Spending
Requirement(s) |
Total $1,600 Cash Dollars Reward (Required
to submit valid documents within 7 days as stated
in clause 4 of these Terms and Conditions)
|
Concurrently apply
for two Designated Credit Cards, including one stated
in clause 2(i) and one in clause 2(ii) of these
Terms and Conditions |
| - |
Receive $800 Cash Dollars
for each credit card (A total of $1,600 Cash
Dollars) |
| - |
If a New Credit Card
Customer has fulfilled the spending requirement(s)
for only one credit card, the $800 Cash Dollars
will be offered only to the credit card which
has satisfied the spending requirement(s) |
|
For each credit
card, spend for an accumulated transaction amount
of HKD5,500/5,500 Renminbi at Cash Dollars Designated
Merchants (except Sogo, Festival Walk and Kowloon
City Plaza) and/or in mainland China within 90 days
from the issue date of the Card Collection Advice
|
| Total $1,000 Cash Dollars Reward |
| - |
Receive $500 Cash Dollars
for each credit card (A total of $1,000 Cash
Dollars) |
| - |
If a New Credit Card
Customer has fulfilled the spending requirement(s)
for only one credit card, the $500 Cash Dollars
will be offered only to the credit card which
has satisfied the spending requirement(s) |
|
$800 Cash Dollars Reward (Required
to submit valid documents within 7 days as stated
in clause 4 of these Terms and Conditions)
|
Apply for one of the Designated
Credit Cards |
Spend with the
card for an accumulated transaction amount of HKD5,500/5,500
Renminbi at Cash Dollars Designated Merchants (except
Sogo, Festival Walk and Kowloon City Plaza) and/or
in mainland China within 90 days from the issue
date of the Card Collection Advice |
| $500 Cash Dollars Reward |
|
|
Applicable to Existing Credit
Card Customers: |
| |
Welcome
Offer |
Application
Requirements for Designated Credit Cards |
Spending
Requirement(s) |
| Total $450 Cash Dollars Reward |
| - |
Concurrently
apply for two Designated Credit Cards, including
one stated in clause 2(i) and one in clause
2(ii) of these Terms and Conditions |
| - |
Receive
$300 Cash Dollars for Hang Seng CUP Credit
Card or Hang Seng Renminbi Credit Card; and
$150 Cash Dollars Reward for Hang Seng Visa
Card, Hang Seng MasterCard or Hang Seng MPOWER
Card |
| - |
If an Existing
Credit Card Customer has fulfilled the spending
requirement(s) for only one credit card, Cash
Dollars will be offered only to the credit
card which has satisfied the spending requirement(s)
($300 Cash Dollars for Hang Seng CUP Credit
Card or Hang Seng Renminbi Credit Card, or
$150 Cash Dollars for Hang Seng Visa Card,
Hang Seng MasterCard or Hang Seng MPOWER Card) |
|
For each credit card, spend
for an accumulated transaction amount of HKD3,500/3,500
Renminbi at Cash Dollars Designated Merchants (except
Sogo, Festival Walk and Kowloon City Plaza) and/or
in mainland China within 90 days from the issue
date of the Card Collection Advice
|
| $300 Cash Dollars Reward |
Apply for a Hang Seng CUP Credit Card or Hang Seng
Renminbi Credit Card |
Spend with the
card for an accumulated transaction amount of HKD3,500/3,500
Renminbi at Cash Dollars Designated Merchants (except
Sogo, Festival Walk and Kowloon City Plaza) and/or
in mainland China within 90 days from the issue
date of the Card Collection Advice |
| $150 Cash Dollars Reward |
Apply for a Hang Seng Visa Card, Hang Seng MasterCard
or Hang Seng MPOWER Card |
|
6. |
The Total $450 Cash Dollars Reward
is not applicable to Existing Credit Card Customers holding
any Principal Card of the Designated Credit Cards. The
$300 Cash Dollars Reward / $150 Cash Dollars Reward is
not applicable to Existing Credit Card Customers holding
any Principal Card of the same credit card type. |
7. |
Customers are required to put down
their English full name and their identity card number
on each page of the valid documents required and submit
them via the following designated means: |
| |
| (i) |
by mail to P.O. Box 74147, Kowloon, Central Post
Office, Kowloon; or |
| (ii) |
by fax to 3409 1599. |
|
| |
The 7-day deadline will be counted
from the date on which the application form is received
by Hang Seng and is subject to Hang Seng's records as
conclusive evidence. |
8. |
The accumulated transaction amount
at Cash Dollars Designated Merchants in Hong Kong (except
Sogo, Festival Walk and Kowloon City Plaza) / in mainland
China is based on the net spending amount(s), which, in
each case, means the final amount charged to the Designated
Credit Cards concerned. The use of discount offers and/or
Cash Dollars / Merchant Dollars, any purchase by Interest-free
Instalment Plan at any merchant, phone and fax orders
(bill payments and purchases), cash advance, handling
fee for cash advance, finance charges, late charges and
transactions which are unposted / unauthorized / cancelled
/ refunded / found to be fraudulent, will not be taken
into account. |
9. |
For the list of Cash Dollars Designated
Merchants, please refer to hangseng.com/cashmerc (subject
to the latest information on the last day of the month
in which a customer fulfills the accumulated transaction
amount requirement; and in the case of Hang Seng CUP Credit
Card or Hang Seng Renminbi Credit Card transactions, only
applicable to merchants accepting CUP Credit
Card). In case of any disputes, the records of Hang Seng
shall be final. |
10. |
Hang Seng has the sole and absolute
discretion in determining the eligibility of customer's
transaction(s) for the Cash Dollars Reward. |
11. |
If the credit card Principal Card
and its Supplementary Card(s) share the same credit limit,
the accumulated transaction amount will be calculated
on a combined basis. |
12. |
Each customer is entitled to this
Cash Dollars Reward once only during the Promotion Period. |
13. |
The above amount of Cash Dollars
will be credited to the relevant credit card account of
the Principal Card customer within 2 months upon fulfillment
of the spending requirement(s) and a notification letter
will be mailed to the Principal Card customer. |
14. |
To be entitled to the Cash Dollars,
the relevant credit card account must be still valid and
in good standing when the Cash Dollars are credited. |
15. |
If a customer who has received
the above amount of Cash Dollars cancels the relevant
credit card account within 13 months from the date of
account opening, a handling fee of an equivalent
amount will be charged. |
16. |
Customers are required to keep original
sales slips of all posted transaction(s). Hang Seng reserves
the right to request customers to provide the relevant
original sales slips for verification. All sales slips
submitted to Hang Seng will not be returned. |
Interest-free Cash Instalment Plan with Handling Fee Waiver: |
17. |
Interest-free Cash Instalment Plan
with Handling Fee Waiver ( “Cash Instalment Plan”
) is only applicable to those customers who are not
holding currently and/or have not held in the 12 months
preceding the opening of his/her new Hang Seng CUP Credit
Card / Hang Seng Visa Card / Hang Seng MasterCard / Hang
Seng MPOWER Card account the Principal Card of any
Hang Seng Credit Card. The account opening date of the
new Hang Seng CUP Credit Card / Hang Seng Visa Card /
Hang Seng MasterCard / Hang Seng MPOWER Card account is
based on the issue date of the Card Collection Advice. |
18. |
The Cash Instalment Plan is only
applicable to Hang Seng CUP Credit Card, Hang Seng Visa
Card, Hang Seng MasterCard and Hang Seng MPOWER Card Principal
customers ( “Customer” ), but not applicable to Hang
Seng Renminbi Credit Card, students and Supplementary
Cards. |
19. |
Hang Seng will offer a Cash Instalment
Plan amount of either up to HKD60,000 or 60% of the credit
limit of the approved Hang Seng CUP Credit Card / Hang
Seng Visa Card / Hang Seng MasterCard / Hang Seng MPOWER
Card account ( “Credit Card Account” ), whichever
is lower and subject to a minimum of HKD3,000, to the
Customers who have selected the Cash Instalment Plan on
the credit card application form upon application for
the Hang Seng CUP Credit Card / Hang Seng Visa Card /
Hang Seng MasterCard / Hang Seng MPOWER Card. |
20. |
The Customer will receive a designated
hotline number when collecting the new card. The Customer
is required to call the designated hotline to confirm
and agree to drawdown the Cash Instalment Plan amount
within 8 weeks of the issue date of the Card Collection
Advice. If the Customer makes any new card transaction
upon card collection, Hang Seng will also arrange the
drawdown. |
21. |
After receiving the instruction from
the Customer who has confirmed and agreed to drawdown
the Cash Instalment Plan amount, Hang Seng will (a) hold
the credit limit of the Customer’s Credit Card Account
with an amount equivalent to the Cash Instalment Plan
amount until the last instalment amount is settled; (b)
debit the Cash Instalment Plan amount from the Credit
Card Account by 6 consecutive monthly instalments. The
first instalment amount will be debited from the Credit
Card Account within 7 working days after Hang Seng receives
the drawdown instruction of the Cash Instalment Plan amount
from Customer or on the date that Hang Seng may prescribe
at its discretion; (c) proportionally reduce the hold
amount from the credit limit of the Credit Card Account
every month after Hang Seng successfully receives the
repayment from the Customer; and (d) credit within 10
working days the Cash Instalment Plan amount in a lump
sum to the designated Hong Kong Dollar current or savings
account which is in the Customer’s sole name and specified
by the Customer. The fund-receiving bank may charge a
handling fee from the above designated account (except
for accounts with Hang Seng). |
22. |
No finance charge is payable by the
Customer who makes full repayment of the statement balance
specified in the Customer’s Credit Card Account statement
on or before the payment due date of each month. If the
Customer fails to make full repayment of the statement
balance specified in the Customer’s Credit Card Account
statement on or before the payment due date of each month,
the Customer shall pay a finance charge on all outstanding
balances on the Credit Card Account pursuant to the relevant
Hang Seng Credit Card Cardmember Agreement (“Cardmember
Agreement”) governing the use of the Credit Card Account.
The Customer shall pay a finance charge and other charges
on any monthly instalment amount due but unpaid; such
finance charge will be levied from the post date of such
monthly instalment amount due but unpaid, and will be
calculated at the prevailing interest rate applicable
to the Credit Card Account. |
23. |
On default of payment of any moneys
due under the Credit Card Account or in case of breach
of any provisions of the Cardmember Agreement or any of
these Terms and Conditions by the Customer or in case
of cancellation or termination of the Customer’s Credit
Card Account or the Cash Instalment Plan for whatever
reason, all outstanding instalments or balance of moneys
owing under these Terms and Conditions shall immediately
become due and payable by the Customer and shall, at the
absolute discretion of Hang Seng, be debited against the
Credit Card Account whereupon the Cardmember Agreement
shall apply to all the said instalments or balances. |
24. |
Hang Seng will not offer the Cash
Instalment Plan amount to the Customer and no further
notice will be given if the Customer fails to satisfy
the requirements stated in (17) and (18) above in these
Terms and Conditions, or does not confirm to drawdown
the Cash Instalment Plan amount within 8 weeks of the
issue date of the Card Collection Advice. |
25. |
In case the Customer requests (a)
to cancel or amend the Cash Instalment Plan; or (b) to
make prepayment of the outstanding balance of the Cash
Instalment Plan, Hang Seng will charge a handling fee
of HKD300 each time and will debit it from the Credit
Card Account. |
26. |
Hang Seng reserves the right to accept
or decline the offer of Cash Instalment Plan hereof and/or
offer any Cash Instalment Plan amount at its sole discretion
without giving any reason and prior notice therefor. |
27. |
Cash Instalment Plan is not applicable
to earn Hang Seng Credit Card Cash Dollars. |
General Terms and Conditions: |
1. |
If there is no selection of the welcome
offers in the application form, customers will be considered
as having given up the right for the relevant welcome
offers. Once the welcome offers are chosen, no change
will be accepted. |
2. |
The welcome offers are not transferrable,
and cannot be exchanged for cash or other products. |
3. |
The welcome offers are not applicable
to full-time students and Hang Seng Staff. |
4. |
Use of Cash Dollars is subject to
the terms and conditions of Hang Seng Credit Card Membership
Rewards Programme. For details, please call our 24-hour
Hang Seng Credit Card Marketing Enquiry Hotline 2998 6899. |
5. |
Hang Seng reserves the right to vary
or terminate the offers and to amend the Terms and Conditions
of the offers from time to time. In case of any disputes,
the decision of Hang Seng shall be final. |
6. |
The English version of these Terms
and Conditions shall prevail whenever there is a discrepancy
between the English and the Chinese versions. |