Reward for consolidating your MPF accounts
Apart from using the comprehensive platform in Hang Seng MPF to manage your MPF accounts, you can now enjoy bonus unit rebates by consolidating your MPF account(s) to Hang Seng MPF.
You may enjoy up to HKD12,000 bonus unit rebates upon successful transfer of MPF accrued benefits from MPF personal accounts with other MPF providers, Employee Choice Arrangement (ECA) or through transfer of Minimum MPF Benefits from an ORSO scheme, to an Hang Seng MPF personal account. Different levels of cumulative transfer-in amount within the promotion period (1 January 2024 to 31 December 2024) will qualify you for different levels of rebates.
Hang Seng Bank has launched the Hang Seng Olive Wellness App*, an all-in-one wellness and reward platform. To promote customers' awareness on health and wealth, we are now offering you an extra HKD500 one-off bonus unit rebates#, given that you have downloaded the Hang Seng Olive Wellness App and verified by our MPF Specialists at the designated branches; as well as the amount of cumulative transfer-in MPF accrued benefits reaches HKD100,000 within the Hang Seng Olive Wellness App promotion period ("Olive promotion period") (1 January 2024 to 31 December 2024).
The levels of rebates will be calculated based on the cumulative transfer-in amount as per the table below:
| Tier | Cumulative transfer-in MPF accrued benefits (HKD) | Basic bonus unit rebates received upon reaching the threshold (HKD) | Cumulative basic bonus unit rebates (HKD) | Download and register for the Hang Seng Olive Wellness App to enjoy an extra one-off bonus unit rebates# (HKD) |
|---|---|---|---|---|
| 1 | 50,000 | 200 | 200 | / |
| 2 | 100,000 | 300 | 500 | 500 |
| 3 | 200,000 | 500 | 1,000 | |
| 4 | 500,000 | 1,500 | 2,500 | |
| 5 | 1,000,000 | 3,500 | 6,000 | |
| 6 | 1,500,000 | 6,000 | 12,000 |
Please refer to the terms and conditions listed on this page for details.
* This App is a platform hosted by Hang Seng Bank Limited, please visit Hang Seng Bank website > Personal > Insurance & MPF > Hang Seng Olive for more details.
# The member must open / has a Hang Seng MPF personal account, download the Hang Seng Olive Wellness App and verified by our MPF Specialists at the designated branches; as well as the amount of cumulative transfer-in MPF accrued benefits reaches HKD100,000 within the Olive promotion period.
Example:
Your cumulative transfer-in MPF accrued benefits is HKD108,000, reaching the requirement of tier 2. Therefore your cumulative bonus unit rebates is HKD500*.
*Upon allocation of the bonus units to the MPF personal account, a confirmation shall be sent to the account holder within the next month after the date of allocation of the bonus units.