- Welcome gifts are only applicable to the principal cardholder of Tien
Dao Visa Card which is
successfully approved on or before 31 March 2016 (“Promotion
Period”) and the
customer who has not maintained any CMB Wing Lung credit card or affinity card
(including principal and supplementary card) in the past 12 months (“Cardholder(s)”).
- Each
Cardholder can be awarded one welcome gift only. If the Cardholder
applies for more than one CMB Wing Lung credit card during the Promotion
Period, the Cardholder can only be awarded one welcome gift under one of
the promotion programs of CMB Wing Lung Bank Limited (“the Bank”). The Bank reserves the rights of
final decision.
- Welcome gift cannot be changed once it has been chosen in the
application form. The quantities of welcome gifts are limited and are available
on a first-come-first-served basis while stocks last. If the welcome
gift chosen by the Cardholder is out of stock, the Bank is entitled to
replace it by other gift. The Bank reserves the right to
substitute the welcome gift with another offer without prior notice as
replacement in case of product shortage. The value or nature of the
substitute gifts may differ from the current gifts offered in this
promotion.
- For Cardholders who choose to redeem Tien Dao Publishing House HK$200 Cash Coupon:
- Cardholder
shall effect
accumulated spending by the new card in the amount of HK$2,800
or above within 2
months from the
issuance of the new card for the redemption of Tien Dao Publishing House HK$200 Cash Coupon for free.
- Gift Redemption Letter will be sent to the Cardholder
within 1 month by post upon fulfilment of the spending requirements by the Cardholder. .
- For Cardholders who choose to redeem MAX Realtime Video Quadcopter:
- Cardholder shall
effect accumulated spending by the new card in the amount of HK$6,800 or above within 2 months from the issuance of the new card for the redemption of one MAX Realtime Video Quadcopter for free. Gift Redemption Letter will be sent to the Cardholder within
1 month by
post upon fulfillment of the spending requirements by the Cardholder.
- Quadcopter user
should take control of quadcopter in a
responsible manner and with respect of the local rules and regulations.
- For Cardholder
who choose to redeem Rasonic
Bread Maker: Cardholder shall
effect accumulated spending by the new card in the amount of HK$3,800 or
above within 2 months from the issuance of the new card for the redemption of one Rasonic Bread Maker for free. Gift Redemption Letter will be sent to the Cardholder within 1
month by
post upon fulfillment of the spending requirements by the Cardholder.
- For
Cardholder who choose to redeem Sony 10,000mAh Portable Charger: Cardholder
shall effect accumulated spending by the new card in the amount of
HK$2,800 or above within 2 months from the issuance of the new card for
the redemption of one Sony 10,000mAh Portable Charger for free. Gift
Redemption Letter will be sent to the Cardholder within 1 month by post
upon fulfillment of the spending requirements by the Cardholder.
- For Cardholder who choose HK$60,000 6-months Interest Free Credit-to-Cash (with 2
months repayment holiday):
- The approved loan amount to Cardholder
may up to HK$60,000 or 80% of credit card limit,
whichever is lower.
- In normal
circumstances, the approved loan amount
will be credited by way of
telegraphic transfer to the Hong Kong Dollar bank account designated by
Cardholder within 7 working days after the new card has
been successfully approved. If the designated bank account is
not an account of the Bank, the Bank will charge HK$30 as
administration fee. The receiving bank may also
deduct a handling fee for telegraphic transfer from the designated
account. Such fees are to be borne by the Cardholder.
- Upon the HK$60,000
6-months Interest Free Credit-to-Cash is approved, Cardholder shall
receive a confirmation letter.
- Cardholder
can enjoy repayment holiday in first 2 months, i.e. repayment
will be extended for 2 months. After the repayment
holiday, Cardholder shall repay
the approved amount by 6-month instalment without interest and
charges. Each repayment amount is equal to the approved
amount divided by the number of instalment (6
instalments), and will be deducted from
the credit card account of Cardholder monthly. Cardholder
shall repay the amount in accordance with the terms
and conditions of CMB Wing Lung credit card
Cardholder Agreement.
- If the Cardholder fails to
repay the amount of minimum payment or total outstanding amount
of statement of account on or before the payment due date shown in the
monthly statement, the Bank shall charge the total
outstanding amount, overdue charge, finance charge and /
or other relevant charges shown in the monthly statement of the
relevant credit card in accordance with CMB Wing Lung credit card
Cardholder Agreement and CMB Wing Lung credit card fee schedule.
- Cardholder agree and authorise the Bank to deduct the repayment
amount of each month from the Cardholder's credit
card account. The repayment amount
of each month and the repayment period cannot
be changed.
- The Bank will deduct the
credit limit of the credit card account which equals to the
amount of the approved loan. Upon successfully
receipt of the repayment of each instalment
from the credit card account by the Bank, the
credit limit of the credit card account will be
resumed proportionally.
- For
whatever reason, if the credit card account of the Cardholder is cancelled, all total
outstanding approved loan amount,
interests and other charges (if applicable) will
become immediately due and payable in full.
- Once
the loan application is
approved by the Bank and before full settlement of the outstanding
approved loan amount, interests and
other charges (if applicable), the loan cannot be
cancelled.
- Cardholder
shall issue prior written notice to the Bank not
less than 7 working days before the
payment due date specified in the monthly statement
if the Cardholder intends to
make early repayment. Upon receipt of early repayment
notice, the Bank will immediately deduct each instalment, all interests and other charges
(if applicable) to be early repaid from the credit card
account of the Cardholder. For whatever reason,
if the Cardholder early repays the loan in full, the Bank
is entitled to charge an administration
fee of HK$500 from the Cardholder.
- The
approved loan amount is not applicable to any
spending reward program and bonus reward
program.
- Only the recorded retail purchase, cash advance,
online purchase, mail purchase, phone order or recorded amount of instalment payment is eligible to the spending requirements
for redemption of the welcome gifts.
- The following spending are not eligible to the
spending requirements for redemption of the welcome gifts: autopay transfer, credit to cash program, balance
transfer, flexible instalment, interest free
tuition loan, Octopus auto reload amount, online bill payment, gambling
chips, securities transaction, foreign exchange, travellers'
cheque purchase, finance charges, handling
fees, annual fee payment, account service fees, late payment charges,
reversal transaction, personalized Octopus application fee, cancellation
or reimbursement of transaction or other transactions that the Bank determines.
- If Cardholder cancels that credit card within 1
year after issuance, the Bank reserves the right to charge a gift
administrative fee of HK$200 to Cardholder for each credit card.
- The Bank is not the supplier of the gift items in
this promotion and shall not be responsible for any matters related to
the product quality or after-sales services provided.
- During the Promotion Period and redemption period,
credit card account of the Cardholder must be valid and in good credit
standing for the redemption of the welcome gifts.
- The Bank reserves the right to change
the above terms and conditions without prior notice. In case of any
dispute, the Bank reserves the right of final decision.
|
