Hang Seng Card Products – CUHK Credit Card

Online Spending Privileges
Hang Seng Credit Card is breaking new ground in online spending - Cash Dollars and Interest-free Instalment Plans are now available online to bring you double spending privileges. What’s more, coupled with the enhanced services from "One-Time Password" and "Digital Wallet", plus Online Spending Cash Dollars Rewards and fabulous merchant offers, a brand new online shopping experience is to start under your fingertips.

Hang Seng Credit Card Rewards Programme
For every HKD250 retail spending with your card, you can earn $1 Cash Dollar which can be used as instant cash at over 7,400 designated merchant outlets throughout Hong Kong, or to redeem cash coupons. You will earn Merchant Dollars of the specific merchant on top of Cash Dollars for every spending at the Merchant Dollars Designated Merchants. You can use the cumulative Cash Dollars and Merchant Dollars as cash concurrently for the next purchase at the same designated merchants.

Hotel Dining Privileges and Discounts at Selected Merchant Outlets
Enjoy discount of up to 70% off at over 4,600 merchant outlets in town throughout the year, including renowned restaurants, luxury stores, leisure destinations and more.

	Enjoy a 6-month or 12-month interest-free instalment plan for payment of tuition fees for CUHK courses⁽²⁾⁽³⁾
	Alumni Platinum Card customers can enjoy discount for accessing to campus facilities, including libraries (Principal Card customers can enjoy special discount on application for the Smart Card and Digital Library Service), swimming pool, selected sports facilities and CUHK Water Sports Centre, plus up to maximum 4 hours free parking at the University when using the above facilities
	Purchase CUHK souvenirs by mail order
	Alumni Platinum Card customers can enjoy 10% discount upon purchase at Cosmos Books Ltd⁽⁴⁾

(1)	Customers may enquire with the relevant merchants / associations for the latest offers before undertaking transactions. Hang Seng Bank Limited ("Hang Seng") and the relevant merchants / associations will not be liable for any loss to customers due to changes of the offers. Hang Seng and each relevant merchant / association reserve the right to revise the terms and conditions of each corresponding offer from time to time. All products, services and information regarding this promotion are directly sold and supplied to customers by each of the participating merchants, who is solely responsible for all related obligations and liabilities. In case of any dispute, Hang Seng and each relevant merchant / association reserve the right of final decision.
(2)	Customer is required to pay the related one-off handling fee for interest-free instalment plan. And the instalment amount must be HKD5,000 or above (excluding the related one-off handling fee), the one-off handling fee will be 2% of the total instalment amount for a six-month instalment plan, and 2.5% of the total instalment amount for a 12-month instalment plan. The annualised percentage rate (APR) of one-off handling fee is as follows: 7.15% for 6-month instalment, 4.78% for 12-month instalment. The APR is calculated based on the requirement of the Code of Banking Practice. APR is a reference rate which expresses the fees and charges of respective product as an annualised rate. The one-off handling fee will be posted in full to the relevant credit card account on a date to be decided at the sole discretion of Hang Seng. Hang Seng reserves the right to change the handling fee. Please contact the branch staff of the Chinese University of Hong Kong for details.
(3)	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 balance on the credit card account pursuant to the relevant Hang Seng credit card 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, and the finance charge thereby shall be levied from the post date of such monthly instalment amount due but unpaid, and shall be calculated at the prevailing interest rate applicable to the credit card account.
(4)	Customers must present the CUHK Alumni Credit Card before payment in order to enjoy the discount offer. This discount offer cannot be used in conjunction with other discount offers (including mega sale, promotional activities and discounted items, etc.).