Terms and Conditions of Hang Seng Green Banking Promotion

General Terms and Conditions

  1. The promotion period is from 1 April 2020 to 30 June 2020 ("Promotion Period").
  2. All the rewards are only applicable to:
    1. Full-time university / tertiary students of local universities/ institutions who are attending certificate-level or above courses offered by the following accredited educational institutions and their subsidiaries ("Customers"), including: Accredited universities in Hong Kong, Chu Hai College of Higher Education, Vocational Training Council, The Hong Kong Academy for Performing Arts, Caritas Institute of Higher Education, Caritas Bianchi College of Careers, Hong Kong Institute of Technology, Hong Kong College of Technology, The Savannah College of Art and Design (Hong Kong), Centennial College and Yew Chung College of Early Childhood Education. Hang Seng Bank Limited ("the Bank") may alter the above list of educational institutions from time to time.
    2. New credit card customers who do not currently hold and/or have held any Hang Seng Credit Card principal cards in the past 12 months and are aged 18 or above, and who apply for Hang Seng MPOWER Card, and/or
    3. Eligible Integrated Account of Green Banking customers who do not currently hold any Integrated Account of Prestige Banking ("Prestige Banking") / Integrated Account of Preferred Banking ("Preferred Banking") / Integrated Account of Green Banking ("Green Banking") and have not closed any Prestige Banking / Preferred Banking / Green Banking / Integrated Account on or after 1 October 2019 or whose accounts have not been closed in any period ("Eligible Integrated Account of Green Banking Customers").
  3. Customers are required to present valid Student ID Cards to enjoy the rewards.
  4. Customers who have repeatedly applied for / cancelled the application of Hang Seng MPOWER Card and/or Green Banking, will not be entitled to the rewards. If the customer has received the relevant welcome rewards, a handling fee of an equivalent amount will be charged and will be deducted directly from the Customer's credit card account and/or Green Banking.
  5. None of the rewards can be used in conjunction with any other rewards and returned, exchanged for cash and/or any other rewards.
  6. All the rewards are limited and only available while stocks last. The Bank reserves the right to offer an alternate reward of the same value as replacement without prior notice.
  7. Hang Seng Credit Card Cash Dollars ("Cash Dollars"), as mentioned on these Terms and Conditions, will be credited to the Customers' Hang Seng Credit Card Principal Card accounts with the highest Cash Dollars balance at that time. If Customers have one or more than one Hang Seng Credit Cards with an outstanding Advance Cash Dollars balance, the Cash Dollars will be credited to the Hang Seng Credit Card Principal Card accounts with the highest outstanding Advance Cash Dollars balance at that time. Any Customer who does not have any applicable Hang Seng Credit Card Principal Card can make enquiries to the Bank and apply for one. The application must be successfully approved one month before the crediting of the relevant Cash Dollars in order to be eligible for the Cash Dollars rewards. If the application for the Credit Card is not approved, the Customers will not be offered any Cash Dollars. Upon the crediting of the Cash Dollars, the relevant Credit Card accounts must still be valid and with good credit records.
  8. All the Cash Dollars offers are not applicable to Hang Seng enJoy Card, Hang Seng Supplementary Card, Business Card, Commercial Card, USD Visa Gold Card, UnionPay RMB Diamond Commercial Card, Renminbi Credit Card, Spending Card, e-shopping Mastercard and Private Label Card. 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.
  9. If a Customer does not have any applicable Hang Seng Credit Card Principal Card at the time the Green Banking Welcome Offer (as defined on point 14a of "Specific Terms and Conditions of Welcome Rewards") and Hang Seng Payroll Service Offer are being rewarded, the Bank will arrange Cash Reward with the amount equivalent to the Cash Dollars that Customer can earn. Cash Reward will be credited to Customer's HKD Savings Account or HKD Current Account of Green Banking.
  10. The Bank reserves the right to suspend, vary or discontinue the relevant reward(s), and amend the terms and conditions for such reward(s) at any time without prior notice. In case of any disputes, the decision of the Bank shall be final.
  11. No person other than the Customer and 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.
  12. These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
  13. These Terms and Conditions are subject to prevailing regulatory requirements.

  14. Specific Terms and Conditions of Welcome Rewards

  15. Customers can get the following Welcome Rewards if they successfully open / upgrade to Green Banking and / or apply for Hang Seng MPOWER Card during the Promotion Period, and fulfill the designated requirements below ("Eligible Customers"):
    Designated Requirements Welcome Rewards
    a. Within 60 days from the account opening date of Green Banking, customers must:
    • log in Hang Seng Personal e-Banking, and
    • opt-in e-Statement/e-Advice service
    $150 Cash Dollars
    b. Within 60 days from the issue date of credit card, customers must:
    • accumulate transaction amount of HKD1,000 or above with the card, and
    • log in Hang Seng Personal e-Banking, and
    • opt-in e-Statement/e-Advice service
    $150 Cash Dollars
    Customers who fulfill both (a) and (b) requirement above Extra $100 Cash Dollars
  16. Each Eligible Customer can only enjoy each of the above Welcome Rewards once.
  17. The Bank will credit the Cash Dollars that Eligible Customers can earn to their applicable Hang Seng Credit Card Principal Card according to the below table:
    Customer successfully opens / upgrades to Green Banking and / or MPOWER Card being successfully approved during below period The relevant Cash Dollars reward will be credited to the applicable Hang Seng Credit Card account of the Principal Card customer on or before below date
    1 April 2020 – 30 June 2020 On or before 31 October 2020
  18. The Green Banking and/or the Hang Seng MPOWER Card of the customers must still be valid and in good condition at the time the offers are being rewarded. Further, the customers must be still using the Hang Seng Personal e-Banking and e-Statement/e-Advice services when the offers are rewarded.

  19. Specific Terms and Conditions of Green Banking Annual Fee Waiver

  20. Eligible Integrated Account of Green Banking Customers can enjoy a monthly account fee waiver.
  21. The Bank will upgrade Eligible Integrated Account of Green Banking Customers' Green Banking to Preferred Banking automatically in the graduation year (not applicable to Green Banking customers who are aged below 18).
  22. Eligible Integrated Account of Green Banking Customers who have reached the age of 18 can enjoy a more comprehensive range of Integrated Account services and account auto upgrade service. Simply login Hang Seng Personal e-Banking or bring along their adult Identity Card to any branch to complete the related procedures.

  23. Specific Terms and Conditions of Credit Card Annual Fee Waiver

  24. Customers who successfully apply for Hang Seng MPOWER Card will enjoy a perpetual annual fee waiver.
  25. For offer details, please visit the website: hangseng.com/mpower.

  26. Specific Terms and Conditions of the Hang Seng Payroll Service Offer

  27. Eligible Integrated Account of Green Banking Customers (as defined on point 2 of "General Terms and Conditions") must have no payroll record under any accounts with the Bank from 1 October 2019 to 31 March 2020.
  28. Eligible Integrated Account of Green Banking Customers who complete the following two procedures can enjoy up to $100 Cash Dollars, as stipulated on the table below:
    • Through a sole-named or joint-named Green Banking to set up a payroll service ("Payroll Account").
    • Have number of payroll records as defined below from 1 April 2020 to 30 September 2020 ("Payroll Period") with payroll amount not less than HKD5,000.
      No. of payroll transactions Cash Dollars entitled
      1 $50
      2 or more $100
  29. Eligible Integrated Account of Green Banking Customers must inform the employer to use his/her Green Banking as the Payroll Account.
  30. The payroll amount of each Eligible Integrated Account of Green Banking Customer must be directly credited to his/her Payroll Account by the employer’s company account via Autopay (transaction from non-employer’s company account are ineligible). The payroll amount and the number of payroll transactions are subject to the Bank's records. In case of any dispute, the decision of the Bank shall be final.
  31. Eligible Integrated Account of Green Banking Customers cannot enjoy $50 Cash Dollars and $100 Cash Dollars simultaneously.
  32. The above offer cannot be enjoyed in conjunction with the Bank’s Payroll Services Welcome Offers. For details, please refer to hangseng.com/payroll.
  33. Unless otherwise specified, the above offer is not applicable to corporate accounts customers, Private Banking customers and the Bank’s staff.
  34. Unless otherwise specified, the above offer is applicable to Eligible Integrated Account of Green Banking Customers who have payroll transactions in Hong Kong Dollars only.
  35. The Bank will credit the Cash Dollars that Eligible Integrated Account of Green Banking Customers can earn to their applicable Hang Seng Credit Card Principal Card on or before 31 December 2020.
  36. The Green Banking of the Eligible Integrated Account of Green Banking Customers must still be valid and in good condition at the time the offer is being rewarded.

GBAQ2-OB(04/20)