Hang Seng Prestige Banking Promotion Terms & Conditions:
(1)

The offers are only applicable to customers who meet the account opening requirements and have newly opened/upgraded to an Integrated Account of Prestige Banking at Hang Seng Bank Limited (the "Bank") branches, or have upgraded to an Integrated Account of Prestige Banking through phone banking hotline or Hang Seng Personal e-Banking during the period from 17 November 2008 to 31 December 2008 ("Promotion Period") (excluding (a) existing customers who are holding the sole-named or joint-named Integrated Account of Prestige Banking; (b) customers who have closed any Integrated Account of Prestige Banking with the Bank within the period of 17 August 2008 and 16 November 2008; or (c) those whose accounts have been terminated in any periods), unless otherwise specified ("the Eligible Customers").

If customers newly open/upgrade more than one Integrated Account of Prestige Banking, including the sole-named or joint-named account, during the Promotion Period, entitlement to the offers will be based on the Integrated Account of Prestige Banking with the earliest account opening/ upgrading date.

(2)
First-year Monthly Fee Waiver for Integrated Account of Prestige Banking
To enjoy the first-year monthly fee waiver for Integrated Account of Prestige Banking, customers must maintain a monthly Total Relationship Balance of HKD500,000 or above for Integrated Account of Prestige Banking during the first year monthly fee waiver period. If the Total Relationship Balance of previous month falls below HKD500,000, a HKD340 monthly fee will be charged. After the first-year monthly fee waiver period, the standard monthly fee for Prestige Banking will be applied if the Total Relationship Balance of previous month is below HKD1,000,000. The Total Relationship Balance is the monthly aggregate balance of the daily average of all deposits, statement gold, securities, investment funds, utilised overdraft facilities, credit card cash advances, outstanding balance of personal loans and the accumulated premiums paid for the designated life insurance plans distributed by Hang Seng Bank as an agent as well as Hang Seng MPF balance. For sole-named Integrated Account holders, their other joint-named account(s) will also be included.
(3)
Welcome Privileges - Up to $800 Hang Seng Credit Card Cash Dollars
(I)
To be eligible for the Hang Seng Credit Card Cash Dollars ("Cash Dollars") offer, Eligible Customers are required to set up a 3-month or 6-month HKD Time Deposit(s) with New Funds* at the above-said Integrated Account of Prestige Banking at branches during the Promotion Period. Eligible Customers will be rewarded with Cash Dollars based on the total Time Deposit amount. Eligible Customers can set up one or more HKD Time Deposit but must satisfy the minimum Time Deposit amount requirement. The minimum amount of HKD Time Deposit is HKD500,000.

The total 3-month / 6-month Time Deposit amount during the Promotion Period

Cash Dollars Entitlement

HKD1,000,000 or above

$800

HKD500,000 – HKD999,999

$400
(II)
Each Eligible Customer can enjoy the Welcome Privileges once only. The Welcome Privileges will be offered according to the accumulated total Time Deposit amount set up by the Eligible Customers during the Promotion Period. The offer is not transferable and cannot be used in conjunction with other Time Deposit offers.
(III)
Relevant Cash Dollars will be credited to Prestige Banking Platinum Card principal account of Eligible Customer on or before end of February 2009. In case of joint-named account, only the primary account holder is eligible to enjoy the offer. Upon crediting the Cash Dollars, the relevant Prestige Banking Platinum Card account must still be valid and with a good credit record and the Eligible Customer should also still carry the relevant Integrated Account of Prestige Banking and the Time Deposit (if applicable). The offer cannot be used in conjunction with any other Integrated Account of Prestige Banking offer. 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. If the customer does not have Prestige Banking Platinum Card during the Promotion Period, the customer must apply for Prestige Banking Platinum Card and the card must be approved before 31 January 2009 in order to enjoy Cash Dollars reward. Otherwise, the Bank reserves the right to replace the Cash Dollars offer with a merchant coupon of an equivalent value. If customers terminate the above-said account within the first 6 months upon opening an Integrated Account of Prestige Banking, the Bank reserves the right to deduct from any accounts of the customers maintained with the Bank an amount equivalent to the offer value of the Cash Dollars without prior notice to customers.

* "New Funds" refer to funds newly deposited into the Bank using a cheque drawn on any other bank, inward CHATS or T/T during the Promotion Period, thereby increasing the aggregate deposits placed by the customer with the Bank. Please contact our staff to confirm whether the funds are considered as qualified "New Funds" for the purposes of this promotional offer. In case of any dispute in relation to the definition of "New Funds", the Bank reserves the right of final decision.
(4)
Preferential HKD Time Deposit Interest Rate offer
During the Promotion Period, Eligible Customers are eligible to enjoy a preferential interest rate for setting up a 3-month or 6-month HKD time deposit with "New Funds" of HKD500,000 to HKD3,000,000 at branches. The relevant interest rate will be subject to the rate quoted by the Bank from time to time. The offer is not applicable to the renewal of time deposits in the designated currencies. "New Funds" refers to funds newly deposited into the Bank using a cheque drawn on any other bank, inward CHATS or T/T during the Promotion Period, thereby increasing the aggregate deposits placed by the customer with the Bank. For clarification of the definition of "New Funds", please contact our bank staff. In case of any disputes in relation to the definition of "New Funds", the decision of the Bank shall be final. Before making the relevant transaction, please check with our staff for the effective rates of the transaction. Interest rates are subject to review according to changes in market conditions from time to time. The Bank reserves the right to change the above interest rates offers at any time. The offer is not transferable and cannot be used in conjunction with other time deposit offers.
(5)
New Customers Reward
(I)
“New Customers” refer to customers who newly opened an Integrated Account of Prestige Banking at branches during the Promotion Period excluding (a) existing customers who are holding any Hong Kong Dollars / Foreign Currency savings, current, time deposit accounts or any Hang Seng integrated accounts (including Prestige Banking, Preferred Banking and Integrated Account) (collectively, the “Accounts”) or; (b) customers who have closed any Accounts with the Bank within the period of 17 August 2008 to 16 November 2008 or; (c) those whose Accounts have been terminated in any period. If customers terminate the account within the first 6 months upon opening an Integrated Account of Prestige Banking, the Bank reserves the right to deduct from any accounts of the customers maintained with the Bank an amount equivalent to the offer value of the Cash Dollars without prior notice to customers.
(II)
Each New Customer of the Eligible Customers can enjoy the New Customers Reward once only. Relevant Cash Dollars will be credited to Prestige Banking Platinum Card principal account of Eligible Customers on or before end of February 2009. In case of joint-named account, only the primary account holder is eligible to enjoy the offer. The secondary account holder is not entitled to the offer. Upon crediting the Cash Dollars, the relevant Prestige Banking Platinum Card account must still be valid and with a good credit record and the Eligible Customer should also still carry the relevant Integrated Account of Prestige Banking and the Time Deposit (if applicable). The offer cannot be used in conjunction with any other Integrated Account of Prestige Banking offer. 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. If the customer does not have Prestige Banking Platinum Card during the Promotion Period, the customer must apply for Prestige Banking Platinum Card and the card must be approved before 31 January 2009 in order to enjoy Cash Dollars reward. Otherwise, the Bank reserves the right to replace the Cash Dollars offer with a merchant coupon of an equivalent value. If customers terminate the above-said account within the first 6 months upon opening an Integrated Account of Prestige Banking, the Bank reserves the right to deduct from any accounts of the customers maintained with the Bank an amount equivalent to the offer value of the Cash Dollars without prior notice to customers.
(6)
Newly set up an Auto-Payroll Service - Up to $800 Hang Seng Credit Card Cash Dollars
(I)

The offer is valid from 13 October 2008 to 31 December 2008 ("Offer Period"). This offer is only applicable to customers who have not set up an Auto-Payroll instruction under any Hang Seng Bank account between 13 July 2008 and 12 October 2008. Applicable Hang Seng Bank accounts include single and joint accounts of Personal Integrated Account, Hong Kong Dollar ("HKD") Savings Account, ATM Savings Account and HKD Current Account. If you have any of the accounts above with the Bank, simply inform your employer to update your auto-payroll account information. If you do not have any of the accounts above with the Bank, please visit any of our branches to open an account.
(II)
During the Offer Period, Eligible Customers must set-up an Auto-Payroll instruction with Hang Seng Prestige Banking (payroll amount is directly credited to the registered Hang Seng Bank account by employer through Auto-Payroll Service), and successfully register through our hotline (2998 6018) within the Offer Period. To be eligible for the offer, Eligible Customers must have at least two Auto-Payroll transactions in their registered Hang Seng Bank account before 28 February 2009. Eligible Customers will be rewarded with Cash Dollars based on relevant monthly payroll amount:

The lowest monthly payroll amount recorded during the period from 13 October 2008 to 28 February 2009

Cash Dollars Entitlement

HKD30,000 or above

$800

HKD8,000 - HKD29,999

$300

Below HKD8,000

$100
(III)
Each registered account may enjoy the offer once only. The offer cannot be used in conjunction with any other Hang Seng Auto-Payroll Service offer and is not transferable. Only the first application will be considered if customers apply more than once. In case of a joint account, this offer will be applicable to the registered account holder only. If the registered personal identity is not the same as the Bank's record, only the primary account holder can enjoy the offer.
(IV)
Cash Dollars will be credited to Eligible Customer's Hang Seng Credit Card account with the highest Cash Dollars balance by the end of March 2009. If one of the Credit Card accounts of the customer has outstanding Advance Cash Dollars balance, Cash Dollars will then be credited into such account. If an Eligible Customer has more than one Hang Seng Credit Card account with outstanding Advance Cash Dollars balance, Cash Dollars will be credited into such Credit Card account with the highest outstanding Advance Cash Dollars balance at that time. If the customer does not have any applicable Hang Seng Credit Card, the customer can make enquiry to the Bank and apply for the relevant Hang Seng Credit Card. The application must be successfully approved on or before 28 February 2009 for the Cash Dollars to be rewarded. If the application of the credit card is not approved, the customer will not be rewarded with any Cash Dollars. Upon crediting the Cash Dollars, the relevant Credit Card must still be valid and with a good credit record and the eligible customer should also still maintain the relevant Auto-Payroll account. Each eligible customer can enjoy this offer once only. This offer is not applicable to supplementary cards, Hang Seng Corporate Cards, Hang Seng Commercial Cards, JAL Hang Seng Cards, Hang Seng Renminbi Credit Cards, USD Visa Gold Cards or Private Label Cards. Cash Dollars rewards 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. This offer is only applicable to personal customers. Offers cannot be used in conjunction with any other Hang Seng Auto-Payroll Service offer.
(7)

Pre-approved Prestige Banking Platinum Card and Perpetual Annual Fee Waiver
The pre-approval offer and the type of credit card eventually offered are subject to the final decision of the Bank. The Bank reserves the right to revoke this pre-approved offer at its discretion. The Prestige Banking Platinum Card is offered to Prestige Banking customers only. In case of cancellation of the Prestige Banking account, the Prestige Banking Platinum Card will also become invalid. Those exclusive offers that can be enjoyed through the Prestige Banking Platinum Card will also be no longer available. Perpetual annual fee waiver is valid during the entire period which the customer maintains an Integrated Account of Prestige Banking. If customer holds more than one Hang Seng Credit Card, the perpetual annual fee waiver will be applicable to one of the credit cards with the highest annual fee only but will not be applicable to Hang Seng Visa Infinite, Hang Seng Corporate Card, Hang Seng Commercial Card and USD Visa Gold Card. All annual fees paid prior to accepting this pre-approval offer will not be refunded.
(8)
Personal Concierge Service
The offer is only applicable to the holder of Hang Seng Prestige Banking Platinum Card. The above service and information are provided by Visa International/MasterCard International/other third party service providers and the Bank assumes no responsibilities for such service and information. Customer agrees to be bound by the terms and conditions for the service provided by Visa International/MasterCard International/other third party service providers which may be amended from time to time. For any claims, disputes and complaints regarding such service and information, customer should refer directly to Visa International/MasterCard International/other third party service providers. Customers may need to provide personal data or other information to Visa International / MasterCard International / other third party service providers for the purpose of provision of the service to customer. In case the provision of any such service incurs any charges (including and not limited to applicable local tax or any commission payable to any agent), the customer will be responsible for such charges.

Remarks: The Bank reserves the right to suspend, vary or terminate this promotion and its offers and to amend these terms and conditions at any time. The decision of the Bank on all matters relating to the promotion and offers shall be final and binding on all parties concerned. The offers are subject to the Integrated Account of Prestige Banking Terms and Conditions. If there is any inconsistency between the Integrated Account of Prestige Banking Terms and Conditions and these terms and conditions, these terms and conditions shall prevail. In case of any discrepancy between the English and the Chinese versions of these terms and conditions, the English version shall prevail.