Hang Seng Credit Card Customer Privilege iPhone for Life Lower Payment Interest-free Instalment Guaranteed Buy-Back Value

How to buy iPhone in a smart way? As Hang Seng Credit Card¹ customers, you are privileged to join the brand new iPhone for Life to buy the latest iPhone 13 series (“iPhone”) to enjoy lower monthly payment, interest-free and $0 handling fee Instalment plan², with the “Guaranteed Buy-Back Value”³.

At the 24^th month of the instalment plan, with the “Guaranteed Buy-Back Value”³, you have the flexibility to return your iPhone to respective mobile service providers to offset the remaining instalment payments, can then upgrade to the latest iPhone; or you can also choose to keep your iPhone and continue to pay the balance by instalments.

iPhone for Life Extra Reward

From now till 30 June 2022, you can enjoy extra up to $200 Cash Dollars upon iPhone for Life plan subscription at designated mobile service providers.

Hang Seng Credit Cards	Hang Seng enJoy Cards	Hang Seng UnionPay Credit Cards Double Reward
$100	20,000 Reward Points	$200

Register now and enjoy the extra reward!

Register here

Ask DORI "iPhone for Life" to register and find out more offers.

Designated mobile service providers of iPhone for Life

iPhone for Life to purchase a new iPhone – the smartest choice

Lower payment, FREE interest and $0 handling fee instalment for up to 36 months²

Enjoy low monthly payment for the first 24 months instalment after netting off the “Guaranteed Buy-Back Value”³, FREE interest, $0 handling fee instalment²
Applicable to purchase of standalone iPhone or together with subscription of designated service plan³

Flexible options of “Guaranteed Buy-Back Value” in the 24^th month

Return the iPhone to respective mobile service provider⁴ to offset remaining instalment payment by "Guaranteed Buy-Back Value"³; can then upgrade to the latest iPhone³; or
Keep your iPhone and continue to pay the balance by instalments up to 12 months²

Learn more:

View details

Act Now!

Visit designated mobile service providers retail outlets to purchase a new iPhone with Hang Seng Credit Card to enjoy iPhone for Life.

Remarks

Applicable to Hang Seng Credit Card, Affinity Card, Commercial Card, Corporate Card or Spending Card, excluding Hang Seng USD Visa Gold Card, Renminbi Credit Card, UnionPay Renminbi Diamond Commercial Card and Private Label Card.
iPhone for Life instalment plan ranges from 30 to 36 months, subject to respective mobile service providers. For details, please visit the website of designated mobile service providers or contact their frontline.
Applicable to purchase of standalone iPhone and/or with subscription plan, “Guaranteed Buy-Back Value” and/or phone upgrade is/are provided by designated mobile service providers and subject to their relevant Terms and Conditions. For details, please visit the website of designated mobile service providers or contact their frontline.
Customers are required to contact respective mobile service providers for the return of the iPhone within the designated period assigned by respective mobile service providers. For details, please visit the website of designated mobile service providers or contact their frontline.

iPhone for Life Frequently Asked Questions

What is iPhone for Life?
iPhone for Life Plan has included the interest-free instalment plan and the Guaranteed Buy-Back Value provided by mobile service provider on purchase of iPhone 13 series (“iPhone”).
Eligible Cardholders may purchase iPhone using an Eligible Card at mobile services provider outlets at mobile service providers’ sales price, and repay the full repayment by each of equal monthly installment payments according to the repayment schedule up to the 24th tenor being posted and the remaining installments representing the applicable Guaranteed Buy-Back Value under the Plan.
Eligible Cardholders can return the iPhone to respective mobile service provider to offset remaining instalment payment by “Guaranteed Buy-Back Value”; mobile service provider will inform the bank to suspend the remaining instalment payment. Alternatively, eligible Cardholders can keep the iPhone and continue to pay the outstanding balance by instalments.
Which iPhone models are available for iPhone for Life?
Applicable to iPhone 13 series only. Please contact the respective mobile service providers for more details.
Who are the mobile service providers of iPhone for Life?
iPhone for Life is currently available at the designated mobile service providers, including 1O1O, 3HK, China Mobile Hong Kong, CSL, HKBN, SmarTone, and Telecom Digital SUN Mobile.
Do I need to subscribe any service plan with the designated mobile service providers in order to join iPhone for Life?
Please contact the respective mobile service providers for details.
Who should I turn to for help if I have enquiries about iPhone for Life?
Please contact the respective mobile service providers who are solely responsible for the selling of the iPhone, Product Return Option and Guaranteed Buy-Back Value arrangement.
Should you have any questions on your installment plan, please contact Hang Seng Bank at (852) 2998 6899.
Can I apply for more than one iPhone for Life Plan?
Yes, you can, but this is subject to the handset quota available for purchase and credit limit available on your credit card account.
When do I need to return my iPhone?
Please refer to the return deadline instructed by the respective mobile service provider. Please contact the mobile service provider which you purchased the iPhone. Also, you are not allowed to return your iPhone after the deadline.
Where can I go to return my Product for the buy-back value refund?
You will only be able to return your Product to the designated respective mobile service provider which you made the purchase.
What if my iPhone is damaged to the point that it does not meet the Device Acceptance Criteria?
You have to contact the mobile service provider where you purchased the iPhone for their assessment. If your iPhone is unfortunately considered not eligible for buy-back by the mobile service provider, you shall still be responsible for the repayment of iPhone for Life Plan.
Can I choose not to return my iPhone?
You may, just keep the iPhone and continue to repay until complete the whole instalment.

Terms and Conditions for “Hang Seng Credit Card iPhone for Life”:

Hang Seng Credit Card iPhone for Life Plan (the “Plan”) consists of Hang Seng Credit Card Installment Plan provided by Hang Seng Bank Limited (“Hang Seng”); and Guaranteed Buy-Back Value (“Guaranteed Buy-Back Value”) provided by the designated mobile service providers. The duration of the Plan is subject to the dates announced by the Participating Merchants (“Period”).
The Plan is applicable to customer(s) ("Eligible Customer(s)") holding Hang Seng Credit Card, Affinity Card, Commercial Card, Corporate Card or Spending Card, excluding Hang Seng USD Visa Gold Card, Renminbi Credit Card, UnionPay Renminbi Diamond Commercial Card and Private Label Card ("Eligible Credit Card(s)").
The Plan is available at the designated mobile service providers including 1O1O, 3 Hong Kong, China Mobile, CSL, Hong Kong Broadband Network, SmarTone, and Telecom Digital SUN Mobile (the "Participating Merchant(s)") and the Participating Merchants list may vary from time to time subject to the decision of Participating Merchants and Hang Seng. For details, please contact the Participating Merchants.
Eligible Customers may purchase iPhone 13 series (“Product”) from the Participating Merchants, and repay the full amount of the Product by Hang Seng Credit Card Installment Plan using Eligible Credit Cards with an equal monthly installment payments according to the repayment schedule. The Plan is governed by Hang Seng Credit Card Installment Program and Hang Seng Credit Card Cardmember Agreement (“Cardmember Agreement”). If the Eligible Customer enrolls the Plan, the Eligible Customer shall be deemed to have read, agreed and accepted all the terms and conditions governing the Plan. Hang Seng and the Participating Merchants each reserves the right to vary or change such relevant terms and conditions in any appropriate method at anytime without prior notice or accept or decline any application for the Plan without giving any reason therefor.
1. If the Eligible Customer fails to make full repayment of the statement balance specified in the Eligible Customer’s credit card account statement on or before the payment due date of each month, the Eligible Customer shall pay a finance charge on all outstanding balance on the credit card account pursuant to the relevant Cardmember Agreement governing the use of the credit card account. The Eligible Customer shall pay a finance charge and other charges on any monthly installment amount due but unpaid at the prevailing interest rate applicable to the credit card account from the post date of such monthly installment. The Eligible Customer will be responsible for any finance charge, late charge or other liabilities or losses which may be incurred due to late payment in any event;
2. installments shall be posted to the Eligible Credit Card account on a monthly basis similar to a normal retail transaction. Installments are subject to interest rate or other fees pursuant to the applicable Hang Seng Credit Card Cardmember Agreement if he/she pays less than the total amount due indicated on the monthly statement of the Eligible Credit Card;
3. Eligible Customer is acknowledged that he/she will be charged according to the repayment schedule as shown in the form of the relevant Participating Merchants up to the 24th tenor, and the remaining installments will be charged representing the applicable “Guaranteed Buy-Back Value” as determined by the relevant Participating Merchant.
Under the Plan, Eligible Customers may elect to exercise the Product Return Option provided by the Participating Merchants to return the Product to the respective Participating Merchants to receive the Product’s applicable “Guaranteed Buy-Back Value” from the respective Participating Merchants (“Product Return Option”), subject to all the following conditions are met by the Eligible Customers:
1. Full repayment has been made by the Eligible Customer under the Plan by repaying each of equal monthly installment payments according to the repayment schedule up to the 24th tenor being posted and the remaining installments representing the applicable “Guaranteed Buy-Back Value” under the Plan;
2. Eligible Customers may exercise the Product Return Option and return the Product to respective Participating Merchant within the designated period that is stipulated by the Participating Merchants;
3. Eligible Credit Card account status must be current and in good standing under both the terms and conditions of the Plan and the Cardmember Agreement applicable to the Eligible Credit Card;
4. the Product shall meet all the functional conditions and relevant requirements as assessed and designated by the Participating Merchants in accordance with the Product Acceptance Criteria of respective Participating Merchants’ respective Product Return Terms and Conditions (which may be named differently, collectively as “Product Return Terms and Conditions” in below) . For details, please contact the Participating Merchants;
5. Eligible Customers must return the Product to the same Participating Merchants from whom the Product was purchased;
6. Eligible Customers are in full compliance with the Product Return Terms and Conditions of respective Participating Merchants and these Terms and Conditions governing Eligible Customers’ participation in the Plan. For the details of the Product Return Terms and Conditions of the Participating Merchants, please check with respective Participating Merchants.
Hang Seng reserves the right to cancel or terminate the Plan at any time (including but not limited to below conditions) with reasonable notice and all outstanding balance of the Plan will become due and repayable immediately (i.e. all unpaid outstanding principle, handling fee and other charges of the Plan) if:
1. (i) Eligible Customer breaches any of these Terms and Conditions or Cardmember Agreement; or
2. (ii) Eligible Credit Card Account is delinquent or Eligible Customer fails to repay any debt upon demand by Hang Seng; or
3. (iii) Eligible Credit Card Account or the Plan is cancelled by Eligible Customer or terminated by Hang Seng, or on the Eligible Customer’s bankruptcy.
Notwithstanding any terms hereof, upon termination of the Eligible Credit Card Account or the Plan for any reason, all outstanding balance of the monthly installment payments under the repayment schedule of the Plan including the applicable “Guaranteed Buy-Back Value” will become due and payable immediately and will be automatically posted in full amount from the Eligible Credit Card Account.
Eligible Customer shall not be entitled to Product Return Option if any of the conditions set out in Clause 5 is not fulfilled, in such circumstances:
1. Eligible Customers’ participation in the Plan shall be cancelled or terminated, such cancellation or termination shall not affect his/her obligations or liabilities under the Plan;
2. Eligible Customer shall not be entitled to receive the Product’s applicable “Guaranteed Buy-Back Value” from the Participating Merchants;
3. Eligible Customer shall still be responsible for each of the equal monthly installments according to the repayment schedule up to the 24th tenor and the remaining installments representing the applicable “Guaranteed Buy-Back Value” under the Plan, regardless whether or not Eligible Customer has exercised the Product Return Option.
The Product Return Option is solely provided by and at the absolute discretion of the Participating Merchants. Hang Seng neither guarantees nor warrants the availability of the Product Return Option nor the ability of the Participating Merchants to buy back the Product at the “Guaranteed Buy-Back Value” in the event the Participating Merchants fails to do so for whatever reason, including without limitation in the event of bankruptcy or winding up of the Participating Merchants. The Participating Merchants shall be solely responsible for disputes, enquires, liabilities and complaints in relation to the Product, Product Return Option, and the “Guaranteed Buy-Back Value” (if applicable) and its related services.
All Products of this Plan are directly sold and supplied by the Participating Merchants who are solely responsible for all related obligations and liabilities. Hang Seng shall not in any event be liable for any failure by the Participating Merchants or its trade-in partner referred to in Clause 3 to provide or fulfill the “Product Return Option” for any reason whatsoever.
All transactions that are found to be fraudulent or eventually cancelled / returned will be considered as ineligible transactions and are not applicable to this Plan.
The Plan is subject to the terms and conditions of the relevant services of Hang Seng. If there is any inconsistency between the terms and conditions of the relevant services and these terms and conditions, these terms and conditions shall prevail.
Hang Seng reserves the right to suspend, vary or terminate all the Plans at any time and to amend the relevant terms and conditions of the Plan from time to time without prior notice. The decision of the Bank on all matters relating to this Plan and the relevant Plans shall be final and binding on all parties concerned. In case of any discrepancy arising out of the Plan, the decision of Hang Seng Bank shall be final and conclusive.
No person other than the customer and Hang Seng (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 provisions of these Terms and Conditions.
These Terms and Conditions are governed by and will be construed in accordance with the laws of the Hong Kong Special Administrative Region.
These Terms and Conditions are subject to prevailing regulatory requirements.
The English version of these terms and conditions shall prevail whenever there is a discrepancy between the English and Chinese versions.

Additional Terms and Conditions of “iPhone for Life Extra Reward”

The promotion period is from 1 March 2022 to 30 June 2022 (“Promotion Period”).
During the Promotion Period, Hang Seng Credit Card Customers can enjoy extra $100 Cash Dollars, Hang Seng enJoy Card Customers can enjoy extra 20,000 yuu Reward Points and Hang Seng UnionPay Card Customers can enjoy extra $200 Cash Dollars upon iPhone for Life plan subscription (required to repay the full amount of the iPhone for Life plan by Hang Seng Credit Card Installment Plan using Eligible Credit Cards with an equal monthly installment payments according to the repayment schedule (“Eligible Transaction”)) at Participating Merchants (“Reward”), excluding Hang Seng USD Visa Gold Card, Renminbi Credit Card, UnionPay Renminbi Diamond Commercial Card and Private Label Card.
To enjoy the Reward, customers are required to register once only with their Eligible Credit Card online (either by directly go to the registration web page or through “Hang Seng Credit Card Chat with DORI”) during the Promotion Period. Only Eligible Transactions completed by the registered Eligible Credit Card during the Promotion Period will be counted for the Reward.
Reward is available in a quota cap of 10,000, on a first-come-first-served basis, while quota lasts.
The maximum extra Cash Dollars rebate under Eligible Transaction is $100 Cash Dollars (Hang Seng Credit Card) / 20,000 yuu Reward Points (enJoy Card) / $200 Cash Dollars (Hang Seng UnionPay Credit Card) per Eligible Credit Card account during the entire Promotion Period.
The Eligible Transaction must be completed within the Promotion Period and posted to the relevant credit card accounts within 14 days after the Promotion Period. If the principal card and its supplementary card share the same credit limit, the Eligible Transaction will be calculated on a combined basis and the rebate will be credited into the principal card account.
Spending amount is calculated based on a single credit card account, including spending of supplementary card for which transactions are posted to the same principal card account.
The extra Cash Dollars rebate / yuu Reward Points will be credited into the Eligible Credit Card account on or before September 2022. Such credit card accounts should and Eligible Transaction remain valid and in good standing when the relevant Cash Dollars / yuu Reward Points are credited. Customer can log on to Hang Seng Personal e-Banking (if applicable) or call our 24-hour Hang Seng Credit Card Marketing Enquiry Hotline 2998 6899 to check the reward details.
No alteration or cancellation can be made to the registration, and all rewarded Cash Dollars rebate / yuu Reward Points cannot be transferred or converted into cash under any circumstances.
Use of Cash Dollars is subject to the terms and conditions of Hang Seng Credit Card Membership Rewards Programme. Use of yuu Reward Points is subject to the terms and conditions for Hang Seng enJoy Card Reward Point Programme. For details, please call our 24-hour Hang Seng Credit Card Marketing Enquiry Hotline 2998 6899.
Hang Seng enJoy Visa Platinum Card and Hang Seng enJoy Spending Card (“enJoy Card”) are rewarded with yuu Reward Points. Please refer to hangseng.com/enjoycard for Reward Points Programme details.
All products, services and information related to this promotion are directly sold and supplied to customers by Participating Merchants who are solely responsible for all related obligations and liabilities.
Hang Seng reserves the right to vary or terminate the promotion at any time and to amend the terms and conditions of the promotion from time to time without prior notice.
Hang Seng reserves the right to vary or convert Cash Dollars / yuu Reward Points to other forms of rewards (including but not limited to points or cash rebates) equivalent to the same values/ amounts/ earning ratio of the Cash Dollars to eligible customers from time to time without prior notice.

To borrow or not to borrow? Borrow only if you can repay!

iPhone 13 price:	HKD10,999
Instalment period assigned by the mobile service provider A:	34 months
Instalment payment:	HKD10,999 / 34 months = HKD323.50 per month
"Guaranteed Buy-Back Value"³:	HKD3,235

Register now and enjoy the extra reward!

Illustrative example:

Act Now!

Visit designated mobile service providers retail outlets to purchase a new iPhone with Hang Seng Credit Card to enjoy iPhone for Life.