Chong Hing Credit Card

1.

Principal and supplementary Chong Hing UnionPay Dual Currency Gold Card principal and supplementary card cardholders can enjoy perpetual annual fee waiver; Diamond Card can enjoy first 3-year annual fee waiver.

2.

Chong Hing Credit Card (Classic Card / Gold Card) principal and supplementary card cardholders can enjoy perpetual annual fee waiver; Titanium Card, Platinum Card principal and supplementary card cardholders can enjoy first 3-year annual fee waiver.

1.

Customers must successfully apply for “Dual Card Program” via the application form of this promotion to be eligible for the welcome gift of “Dual Card Program”.

2.

Principal cardholder with accumulated retail spending(s) and / or cash advance(s)^ of HKD / RMB4,800 or above and HKD4,000 or above with the UnionPay Dual Currency Credit Card and Chong Hing VISA / MasterCard* respectively within the first 3 months of card issuance can redeem a "IRIS OHYAMA FDC1 Dust Mites Removing Bed Cleaner” by credit card "Interest-free Installment".

3.

Monthly installment amount of HK$50 (12-month in total) will be debited from the UnionPay Dual Currency Credit Card Account of the principal cardholder on a monthly basis. The first installment will be debited after the receipt of the product, the remaining installments will be debited from the principal cardholder account monthly and shown in the next card statement.

4.

The gift redemption letters will be attached with the new card welcome packs. Principal card cardholders should present the valid original copies of the "Gift Redemption Letters" and valid credit card receipts (cardholder's copy) of individual card to redeem welcome gift at the designated redemption centre.

5.

Credit Card Interest-Free Installment Program is bound by relevant terms and conditions.

1.

The Program is only available to valid Credit Card, Affinity Card and Co-branded Card Cardholders ("Cardholders") issued by Chong Hing Bank ("the Bank") and is subject to the Bank’s Credit Card Cardholder Agreement.

2.

Approval of Credit Card Interest-free Installment’s application shall be subject to the available credit limit and credit status of the relevant Credit Card Account, and the Bank’s final approval.

3.

All purchases cannot be cancelled or altered once they have been confirmed and approved.

4.

To apply for the Credit Card Interest-free Installment repayment under the Program, Cardholders shall agree that:

(i)

once the Bank approves this application, the Cardholder is deemed to authorize and instruct the Bank to withhold the total installment amount from the available credit limit of his/her Credit Card Account.

(ii)

the installment amount will be debited from the Credit Card Account on a monthly basis. The first installment will be debited after the receipt of the product(s), the remaining installments will be debited from the Credit Card Account monthly.

(iii)

if the total monthly outstanding amount has not been settled (including monthly installment, other purchase and cash advance, etc.) on or before the Payment Due Date as indicated by the Bank, a finance charge will be imposed by the Bank on the Cardholder at the rate(s) as set out in the Cardholder Agreement [Mastercard (Titanium Card / Platinum Card) and UnionPay Dual Currency Credit Card based on 22.8% interest rate per annum, annualized percentage rates (APRs) of interest on unsettled Retail Purchase and on Cash Advance calculated using Net Present Value (NPV) method is 24.58% and 27.03% respectively; other Chong Hing Credit Cards based on 33% interest rate per annum, annualized percentage rates (APRs) of interest on unsettled Retail Purchase and on Cash Advance calculated using Net Present Value (NPV) method is 36.96% and 40.81% respectively]. The Cardholder shall also immediately make full payment of all outstanding sums, interests, finance charges and other fees due by the Cardholder on demand by the Bank.

(iv)

if the relevant Credit Card Account is cancelled by either the Cardholder or the Bank, all outstanding installments and finance charges shall immediately become due and payable by the Cardholder.

(v)

the Bank reserves the right to terminate the Program without prior notice to the Cardholder, and the Cardholder shall pay the balance of all outstanding installments and finance charges immediately.

5.

The Bank has no responsibility or liability whatsoever in respect of the quality, purpose, warranty, after-sale service and other matters in connection with the goods or services supplied thereto. Cardholders shall understand that the Bank is not liable for any disputes between Cardholders and the supplier about the goods and services, including the quality of the goods and services. Any disputes between Cardholders and the supplier shall not be valid reasons for not repaying to the Bank for the above installments and any other related fees.

6.

The Bank reserves the right to amend the above terms and conditions from time to time without prior notice to Cardholders.

7.

The Bank and the merchants reserve the final right of decision in all matters relating to the Program.

8.

In event of any conflict in the terms and conditions between the English version and Chinese version, the English version shall prevail.

1.

Customers must successfully apply for “Dual Card Program” via the application form of this promotion to be eligible for the welcome gift of “Dual Card Program”.

2.

The related interest-free installment loan amount will be divided into two equal sums and will be shown in the customer’s Chong Hing UnionPay Dual Currency Credit Card account and Chong Hing VISA / MasterCard account respectively.

3.

The Cardholder (except holder of Corporate Card and Supplementary Card) may apply to Chong Hing Bank Limited ("Bank") for the Credit Card Installment Loan ("Loan"). Applications shall be governed by these terms and conditions, terms in the application form and the Credit Card Cardholder Agreement with the Bank ("Agreement"), and these terms and conditions shall prevail in case of any conflict among their provisions. Unless otherwise specified, capitalized terms used herein shall have the same meanings ascribed to them in the Agreement.

4.

Unless the Bank otherwise agrees, an application for Loan, once submitted, shall not be withdrawn or varied. The Cardholder acknowledges that the Bank has the sole discretion to reject any application or any part thereof without disclosing any reason and all documents submitted in relation to the application will not be returned.

5.

The Loan amount shall be in a minimum of HK$1,000 but shall not exceed 80% of the credit limit available to the Cardholder under his Card or HK$60,000 (whichever is lower). The Loan is in a nature of cash advance under the Card, which credit limit will be deducted from the Cardholder’s Card Account accordingly. Under all circumstances, the Bank has the absolute right to approve / reject the application and to determine the amount of the Loan which it may grant ("Loan Amount") and the Cardholder agrees to borrow the Loan notwithstanding that the Loan Amount granted may be less than the amount applied by the Cardholder.

6.

The Cardholder irrevocably authorises the Bank to automatically advance the Loan to the Cardholder after the Bank’s approval of his application by way of CHATS transfer into the Cardholder's designated bank account. All fees and charges arising from the CHATS transfer will be solely borne by the Cardholder and deducted from the Cardholder’s designated bank account. If the application is approved, the Bank will send the Cardholder a confirmation letter notifying him that proceeds of his Loan approved has been credited into his designated bank account with details. The Cardholder shall in all circumstances be responsible for all fees and charges relating to the Loan once his application has been approved.

7.

The Cardholder shall repay his Loan by 9 equal monthly installments (each a "Monthly Installment") provided always that the fractions (if any) of the Monthly Installments (except the last Monthly Installment) shall be aggregated and paid together with the last Monthly Installment. The Bank is irrevocably authorised by the Cardholder to debit the first Monthly Installment from the Cardholder's Card Account at the time of advance of the Loan, which will be reflected in the next following credit card account statement, and to apportion the Monthly Installments among interest, principal and other sum payable by the Cardholder as the Bank shall absolutely see appropriate. If the Cardholder prepays the Loan, whether partially or in full, an additional administration fee of HK$250 shall be payable by the Cardholder to the Bank immediately and such amount will be debited from the Cardholder’s Card Account without prior notice.

8.

The Cardholder agrees and irrevocably authorizes the Bank to debit all Monthly Installments, handling fees and other charges (if any) to his Card Account from time to time. For this purpose, the Cardholder shall reserve sufficient credit limit in his Card Account. The Bank shall be entitled to debit any of the above sum to the Cardholder's Card Account in excess of its credit limit and the Cardholder shall forthwith be liable to settle the whole balance outstanding and to pay an over limit fee in accordance with the terms and conditions of the Agreement.

9.

All Monthly Installments, handling fees and other charges (if any) shall be treated in way of retail spending/purchase made by the Cardholder and all interests, finance charges and other fees (if any) shall be levied thereon in accordance with the relevant provisions of the Agreement.

10.

The Bank reserves the right to impose a handling charge in relation to processing of the Loan in such amount as notified to the Cardholder from time to time. The Bank is entitled to deduct the amount of such handling charge from the Loan or to advance such handling charge in addition to the Loan Amount to form part of the Loan, to which interest shall be charged to and payable by the Cardholder.

11.

The Bank reserves the overriding right to demand full repayment of the outstanding balance of the Loan together with all interests, finance charges and other fees (if any) at any time whether any part thereof is reflected in a credit card account statement or due and payable at the time of such demand. The Loan shall be immediately repayable upon termination of the credit card account for whatever reason (whether by the Cardholder or the Bank) and an additional administration fee of HK$250 shall be payable by the Cardholder. In any of the above events, the remaining outstanding of the Loan Amount shall be immediately debited from the Cardholder's credit card account.

12.

The Cardholder warrants to the Bank that all information and documents provided to the Bank in respect of the application of the Loan are true, accurate and up-to-date and undertakes to notify the Bank of any change to those information and/or documents immediately.

13.

The Bank reserves the right to vary or supplement any of these terms and conditions from time to time with prior notice by way of display at the Bank’s premises, website or such other method as the Bank may see appropriate. If the Cardholder does not fully repay the Loan, all interests, finance charges and other fees (if any) prior to the end of such notice period, the Cardholder shall be deemed to have agreed to such variation and supplements.

14.

The Bank has sole discretion to determine any matter in connection with the Loan and any such determination shall be conclusive, final and binding on the Cardholder (save and except manifest error).

15.

No bonus points, cash rebate or other reward programs of the Bank in respect of the Loan will be granted to the Card Account.

16.

The Cardholder agrees and authorises that the Bank may access and obtain data and documents of the Cardholder held with any third party including without limitation his employer, creditors and credit reference agency on any matter in relation to the Cardholder’s application and the Loan. The Cardholder acknowledges that he is subject to the Bank’s Notice to Customers and other Persons relating to the Personal Data (Privacy) Ordinance and data policies of the Bank.

17.

If there is any conflict or inconsistency between the Chinese and the English versions of these terms and conditions, the latter shall prevail.

18.

These terms and conditions shall be governed by the laws of the Hong Kong Special Administrative Region of the People’s Republic of China.

1.

Customers must successfully apply for “Dual Card Program” via the application form of this promotion to be eligible for the welcome gift of “Dual Card Program”.

2.

Principal cardholder with accumulated retail spending(s) and / or cash advance(s)^ of HKD / RMB4,800 or above and HKD4,000 or above with the UnionPay Dual Currency Credit Card and Chong Hing VISA / MasterCard* respectively within the first 3 months of card issuance to receive ‘Up to 80,000 “Point-to-Gift” Bonus Points’.

3.

The relevant bonus points will be credited to the principal cardholder's account within 2 months upon fulfillment of separate spending requirement of individual card and will be shown in the card statement. ‘45,000 “Point-to-Gift” Bonus Points’ will be credited to the Chong Hing Dual Currency Credit Card HKD Card Account upon fulfillment of separate spending requirement (i.e. HKD / RMB4,800 or above); ‘35,000 “Point-to-Gift” Bonus Points’ will be credited to the Chong Hing VISA Card or MasterCard upon fulfillment of separate spending requirement (i.e. HKD4,000 or above).

1.

Customers must successfully apply for one Chong Hing UnionPay Dual Currency Credit Card / Chong Hing VISA Card or MasterCard via the application form of this promotion to be eligible for this welcome gift.

2.

Principal cardholder with accumulated retail spending(s) and / or cash advance(s)^ of HKD / RMB4,000 or above with the new Card within the first 3 months of card issuance to receive ‘40,000 “Point-to-Gift” Bonus Points’.

3.

The relevant bonus points will be credited to the relevant credit card cardholder's account within 2 months upon fulfillment of the separate spending requirement and will be shown in the card statement.

1.

Above mentioned welcome gifts for principal card cardholders are only applicable to applicants not holding any personal credit card issued by the Bank (including co-branded cards) currently or in the past 12 months.

2.

Each successful principal card applicant is entitled to the offer once.

3.

Gifts are available while stock lasts. The Bank reserves the right to replace it with another gift without prior notice. In the event of overwhelming responses to this promotion, eligible applicants may experience some delay in receiving the selected gift.

4.

All product information and photos are provided by the manufacturers and / or suppliers and for reference only. The Bank will not be responsible for any discrepancy found in relation to the product information, colors or sizes with the actual product.

5.

The redeemed gift cannot be altered or exchanged once confirmed.

6.

Chong Hing Bank reserves the right to debit the original price of the welcome gift(s) ("IRIS OHYAMA FDC1 Dust Mites Removing Bed Cleaner" at HK$1,298) from the cardholder's account without prior notice if a cardholder is found to have made multiple redemption.

7.

If a cardholder has no indication on welcome gift preference, the default welcome gift will be ‘Up to 80,000 "Point-to-Gift” Bonus Points Rewards’ for ‘Dual Card’ application and ‘40,000 “Point-to-Gift” Bonus Points Rewards’ for single card application.

8.

The reference prices of all gifts are for indication only. The Bank is not responsible for setting the reference price or any difference between the reference price and the actual retail price available in the market.

9.

All gifts cannot be exchanged for cash. The manufacturers and / or suppliers of the relevant gifts are solely responsible for the quality and availability of the products supplied. The services and information regarding to the welcome gift are directly supplied to the applicants by the suppliers. The Bank will not be responsible for all related obligations and liabilities.

10.

If a principal card cardholder cancels the Card within 13 months from the date of account opening, the Bank reserves the right to debit the welcome gift cost from the cardholder's account without prior notice.

11.

The Bank reserves the right to change the terms and conditions of the above offers from time to time without prior notice.

12.

The Bank reserves the right of final decision in case of disputes.