Terms and Conditions of Utilities-rebate Lifetime Offer

  1. The promotional period of Utilities-rebate Lifetime Offer (“the Offer”) is valid from 2nd January 2021 to 31st December 2021 (both days inclusive) (“Promotional Period”).
  2. Customer (including personal account or joint name account) has to register designated utilities services bills with direct debit authorization services (“DDA Services”) via CMBWLB Wintech mobile application (“Wintech”) or any branches of the Bank during the promotional period and pay with the DDA Services via HKD savings account, HKD current account, Combination Savings Account or All-In-One Card Account of the Bank (“Eligible Customer“). Eligible Customer should login to Wintech within the calendar month of DDA in order to be eligible to receive the rebate. Designated utilities services bill means the bills issued by Rating and Valuation Department, Water Supplies Department, CLP Power Hong Kong Limited, The Hong Kong Electric Company Limited and The Hong Kong and China Gas Company Limited.
  3. Eligible Customer can enjoy a remainder amount rebate, which includes the nearest dollar and two decimal place amount of designated utilities services bill paid with the DDA Services (“Rebate Amount”). The maximum amount for each rebate is HKD9.99. For example, customer paid HKD189.78 for water supply, he/she can get the Rebate Amount up to 9.78.
  4. The Bank will rebate the first 4 entries of the DDA Services each calendar month, and then rebate by the size of the rebate amount if there is more than 1 time of rebate on the same day (the larger amount will be given priority rebates) of the same calendar month.
  5. Each Eligible Customer can get a maximum 4 times of rebate each calendar month. The transaction date of the DDA Services is based on the record of CMB Wing Lung Bank (“the Bank”).
  6. The rebate will be credited into the Eligible Customer’s autopay account (“Rebate Account”) at the Bank with the DDA Services on the first Saturday of the coming calendar month. If the first Saturday is public holiday, then it will be postponed to the coming working day. Working day means from Mondays to Saturdays, excluding Sundays and public holidays.
  7. When the Bank credits the rebate, the related deposit account of Eligible Customer should still be valid and in good record.
  8. If the customer cancels the Rebate Account or change the settlement account of designated utilities services bill with the DDA Services, the Offer will be cancelled.
  9. The Bank reserves the right to suspend, terminate or cancel, or to amend or vary any terms or conditions at any time without further notice.
  10. In case of disputes, the Bank’s decision and record shall be final and binding.
  11. If case of discrepancies between the English and Chinese versions of these terms and conditions, the Chinese version shall prevail.
  12. Risk Disclosure: The risk of loss associated with the volatile movement in foreign exchange market can be substantial. Participants should have a thorough understanding of the market and should be aware of the risk of foreign exchange investment.

CMB Wing Lung Bank Ltd