Promotional Terms and Conditions

Eligibility:

  1. The promotion period is from 30 September 2017 to 31 December 2017, both dates inclusive ("Promotional Period").
  2. Customers must submit the credit card application form (of any card type specified in clause 3) through HSBC website or HSBC Internet Banking during the Promotional Period with successful approval and must fulfill the Spending Requirement (as defined in clause 11) in order to be eligible for the Welcome Offer (as defined in clause 11) ("Eligible Cardholders"). The Welcome Offer will not be granted for applications received after the Promotional Period.
  3. Eligible Cardholders refer to customers who successfully apply for a primary card of Hong Kong dollar personal HSBC Visa Signature card, Visa Platinum card, Visa Gold card, UnionPay Dual Currency Diamond credit card or UnionPay Dual Currency credit card (each an "Eligible Credit Card") issued by The Hongkong and Shanghai Banking Corporation Limited in Hong Kong (and its successors and assigns) (the "Bank" or "HSBC").
  4. This promotion is not applicable to applicants for HSBC Premier MasterCard® credit card, HSBC Advance Visa Platinum card, green credit card, Visa card, Gold MasterCard, MasterCard, iCAN card and US$ Visa Gold card.
  5. Each customer who applies for an Eligible Credit Card according to the application process mentioned in clause 2 during the Promotional Period with successful approval can enjoy first two-year credit card annual fee waiver for the newly approved Eligible Credit Card and additional card(s) of such Eligible Credit Card under this promotion. The additional card(s) has/have to be applied under the same application form as that of the Eligible Credit Card in order to be eligible for the first two-year credit card annual fee waiver.
  6. Existing Credit Card Customers ("Existing Credit Card Customers") refer to customers who possess a personal primary credit card issued by the Bank at the time of processing the application for an Eligible Credit Card. New Credit Card Customers ("New Credit Card Customers") refer to customers who do not possess any personal primary credit card issued by the Bank at the time of processing the application for an Eligible Credit Card.
  7. The final date for submission of all required documents by an Eligible Cardholder through HSBC website or HSBC Internet Banking will be based on the Bank’s record which shall be conclusive.
  8. No Welcome Offer will be granted to customers as primary cardholders who have cancelled any of the personal primary cards issued by the Bank on or after 31 January 2017. The Welcome Offer does not apply to applications for additional cards.
  9. Each Eligible Cardholder is entitled to receive only one Welcome Offer even if he/she applies for more than one Eligible Credit Card through HSBC website or HSBC Internet Banking during the Promotional Period. If an Eligible Cardholder is entitled to receive any other promotional offer under another concurrent promotion run by the Bank, he/she is only entitled to receive one of the promotional offers at the Bank's discretion.
  10. Employees of the Bank are not eligible for the Welcome Offer.

Welcome Offer – Up to $800 RewardCash and 2-year annual fee waiver

  1. Eligible Cardholders are entitled to enjoy the 2-year annual fee waiver and receive one welcome gift ("Welcome Offer") upon fulfilling the relevant spending requirement (“Spending Requirement”) specified below:

    Eligible Credit Card

    For New Credit Card Customers

    For Existing Credit Card Customers

    Spending Requirement*

    HSBC Visa Signature card, HSBC Visa Platinum card, HSBC UnionPay Dual Currency Diamond credit card

    $800 RewardCash

    $400 RewardCash

    HKD6,000 / RMB6,000 or above (any spending in RMB is only applicable to the UnionPay Dual Currency Diamond credit card or UnionPay Dual Currency credit card)

    HSBC Visa Gold card, HSBC UnionPay Dual Currency credit card

    $400 RewardCash

    $200 RewardCash
    * Must be met within the first 60 calendar days upon card issuance; and above Spending Requirement amount is the same for HKD and RMB currencies, i.e. the conversion rate of HKD and RMB is 1:1 in the calculation of the Spending Requirement.
  1. To be eligible for the Welcome Gift, an Eligible Cardholder is required to fulfil the applicable Spending Requirement by conducting transaction(s) with the newly approved Eligible Credit Card within the first 60 calendar days from the issue date of Eligible Credit Card as stipulated in this clause 11 above. The spending amount is calculated by adding up all spending made by the newly approved Eligible Credit Card on all types of sales transactions, except the following transactions: transactions including but not limited to, telephone orders, fax orders, mail orders, cash advances, annual fees, finance charges, late charges, quasi cash transactions at non-financial institutions (including purchase of foreign currency, money orders and travelers cheques), quasi cash transactions at financial institutions (including purchase of merchandise and services from banks), wire transfers, betting and gambling transactions, tax payments, bill payments settled via HSBC Internet Banking, purchase and/or reload of stored value cards or e-Wallets (excluding Octopus automatic add-value transactions), transactions made to redeem items under “RewardCash e-Shop” and other programmes, autopay and recurring transactions, and withdrawal amount under the Cash Instalment Plan or other instalment plans. Unposted, cancelled or refunded transactions and transactions of additional card(s) are also excluded from the calculation of the Spending Requirement.
  2. RewardCash will be credited to the Eligible Cardholder's newly approved Eligible Credit Card account within 2 months upon fulfillment of the Spending Requirement, but the crediting will only commence from December 2017. Terms and conditions of the RewardCash Programme apply.

General

  1. The Bank will determine the eligibility of Eligible Cardholders for the Welcome Offer based on the Eligible Cardholders’ transaction records held with the Bank. Eligible Cardholders who participate in the promotion must keep all original sales slips or relevant transaction records. In case of any disputes, the Bank reserves the right at any time during or after the Promotional Period to request an Eligible Cardholder to submit the relevant original sales slips and/or such further documents or evidence for inspection. All documents submitted to the Bank will not be returned.
  2. Only Eligible Cardholders whose Eligible Credit Card accounts are valid and in good standing during the entire fulfilment period will be eligible for the Welcome Offer and the first two-year credit card annual fee waiver.
  3. Any fraud and/or abuse of any offer under this promotion or cancellation of any Eligible Credit Card within 13 months of opening of the Eligible Credit Card account will result in forfeiture of a cardholder's entitlement to the offer(s). The Bank reserves the right to deduct an amount equivalent to the value of any offer(s) awarded to a cardholder inappropriately pursuant to any fraud and/or abuse directly from the cardholder's account held with the Bank without prior notice.
  4. The Bank reserves the sole right to approve or decline any credit card applications, and the Bank is not obligated to provide reasons for declined applications.
  5. No person other than the Eligible Cardholder and the Bank 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.
  6. In case of disputes arising out of this promotion, the decision of the Bank shall be final and conclusive.
  7. The Bank reserves the right to suspend and/or terminate granting any offer under this promotion, and/or vary these terms and conditions at any time without prior notice. The Bank accepts no liability for such change or suspension/termination.
  8. These terms and conditions are subject to prevailing regulatory requirements.
  9. In case of discrepancies between the English and Chinese versions of these terms and conditions, the English version shall apply and prevail.
  10. These terms and conditions are governed by and construed in accordance with the laws of the Hong Kong Special Administrative Region ("Hong Kong"). Each of the Bank and the Eligible Cardholder submits to the non-exclusive jurisdiction of the courts of Hong Kong but these terms and conditions may be enforced in the courts of any competent jurisdiction.

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

Issued by The Hongkong and Shanghai Banking Corporation Limited