DBS COMPASS VISA WELCOME OFFER TERMS & CONDITIONS:

1. The DBS Compass Visa Welcome Offer (“Welcome Offer”) is only available to applicants who have successfully applied to become the principal cardholder of DBS COMPASS VISA Platinum card issued by DBS Bank (Hong Kong) Limited (the “Bank”) (“New Card”) by submitting the DBS COMPASS VISA Platinum Application Form (including but not limited to Tertiary Student DBS COMPASS VISA Platinum Application Form) (“Application Form”) to the Bank during the period from 4 January 2021 to 31 January 2021 (“Offer Period”) and all supporting documents required by the Bank within one month from the date of application.
2. Unless otherwise specified, the Welcome Offer is applicable to both “New Customers” and “Existing Customers” (collectively, the “Customers”). “New Customers” shall mean applicants who, during the New Card approval process have not applied for, do not currently hold, or in the 12 months prior to the date of application for the New Card, have not held and/or cancelled any principal credit cards (including co-branded cards and/or DBS COMPASS VISA credit cards) issued by the Bank. “Existing Customers" shall mean applicants who are not New Customers.
3. Under the Welcome Offer, Customers are entitled to choose any one applicable welcome gift (“Welcome Gift”) set out below:

New Customers	Existing Customers
HK$300 all merchants “InstaRedeem” Amount	Up to HK$200 all merchants “InstaRedeem” Amount
HK$400 PARKnSHOP/Watsons “InstaRedeem” Amount
LE MAURICE® CUBIX 28” Aluminum Frame Suitcase
6 MCL Movie Vouchers



4. 4. Customer shall indicate his/her choice of the Welcome Gift on the Application Form. If Customer has not indicated his/her choice or indicated more than one choice in the Application Form, Customer will automatically be assigned “HK$300 all merchants “InstaRedeem” Amount” (for New Customer) or Up to HK$200 all merchants “InstaRedeem” Amount” (for Existing Customer) as his/her Welcome Gift. Once such choice has been made or assigned, it cannot be changed.
5. Each Customer can enjoy the Welcome Offer once during the Offer Period. For the avoidance of doubt, if Customer has successfully applied for more than one New Card with the Bank by submitting multiple Application Forms to the Bank, he/she will only be entitled to redeem ONE Welcome Gift in respect of all applications submitted during the Offer Period.
6. Customer must accumulate retail spending (“Eligible Spending”) reaching the designated amount (as set out in the table below) (“Spending Requirement”) within 3 months of the New Card issuance date (“Spending Period”) and fulfil the additional requirement (as set out in the table below) (“Additional Requirement”) in order to be eligible to the Welcome Gift.

   	Welcome Gift	Spending Requirement	Additional Requirement
   Applicable to New Customers	HK$300 all merchants “InstaRedeem” Amount	HK$4,800	Download DBS Card+ mobile application (“DBS Card+”), register and activate DBS Card+ account within 1 month of the New Card issuance date
   	HK$400 PARKnSHOP /Watsons“InstaRedeem” Amount	HK$4,800	Download DBS Card+, register and activate DBS Card+ account within 1 month of the New Card issuance date
   	LE MAURICE® CUBIX 28” Aluminum Frame Suitcase	HK$6,800	Download DBS Card+, register and activate DBS Card+ account within 1 month of the New Card issuance date
   	6 MCL Movie Vouchers	HK$4,800	Download DBS Card+, register and activate DBS Card+ account within 1 month of the New Card issuance date
   		HK$1,800 (Applicable to New Customers who applied for the New Card via the Tertiary Student DBS COMPASS VISA Platinum Application Form)
   Applicable to Existing Customers	Up to HK$200 all merchants “InstaRedeem” Amount	HK$1,800	Download DBS Card+, register and activate DBS Card+ account within 1 month of the New Card issuance date

7. Only posted Eligible Spending transactions will be counted towards fulfillment of the Spending Requirement (for Eligible Spending transactions being settled with a Card Interest-free Instalment Loan, only posted monthly instalments will be counted). The following types of transactions shall not be considered as Eligible Spending: cash advance and its relevant handling / administration fees, application fee / handling fee of Octopus Automatic Add-Value Service, Balance Transfer, Flexi Cash, Call-a-loan, Funds Transfer, Fee Based Instalment, “Flexi-Shopping Programme”, tax payment, reloads of e-Wallets (including but not limited to PayMe, WeChat Pay and Alipay), all bill payment transactions made via Internet / JETCO / 24-hour Customer Service Hotline or any other means as specified by the Bank from time to time, transactions in Hong Kong Dollars at the point of sales (in case of online transactions, the place of registration and / or settlement of the merchant) outside Hong Kong, casino chips, foreign exchange, security purchases, credit card annual fee, finance charges, late charges, reversed transactions, transaction that has been subject to cancellation, charge-back, return of goods and / or refund or any other types of transactions as the Bank may specify from time to time.
8. Fulfillment of the Spending Requirement shall be calculated based on Eligible Spending conducted with each New Card successfully applied during the Offer Period. If New Customer has successfully applied for more than one New Card, Eligible Spending transactions conducted with different New Cards cannot be combined for the purpose of calculating fulfillment of the Spending Requirement. The amount of any Eligible Spending transactions conducted through any supplementary card under the New Card will be aggregated with that of the principal card of the New Card for the purpose of calculating fulfillment of the Spending Requirement.
9. The Welcome Gift is available while stocks last. The Bank has the right to provide eligible Customer with an alternative gift.
10. The relevant Welcome Gift will be credited or sent to eligible Customers as follows:
    1. “HK$300 all merchants “InstaRedeem” Amount” or “HK$400 PARKnSHOP /Watsons“InstaRedeem” Amount”
       1. The Welcome Gift will be awarded to the eligible New Customers via the red “InstaRedeem” button of DBS Card+ upon completing the Additional Requirement, spending with the New Card of amount as described in Clause 10.1.3 at (a) all merchants (for New Customers selecting “HK$300 all merchants “InstaRedeem” Amount”) ; or (b) Hong Kong outlets of PARKnSHOP, FUSION, TASTE, INTERNATIONAL by PARKnSHOP, FOOD LE PARC, GOURMET, GREAT FOOD HALL, SU-PA-DE-PA (supermarket only), EXPRESS or PARKnSHOP Frozen Food Store, www.parknshop.com, www.greatFoodHall.com or Watsons (for New Customers selecting “HK$400 PARKnSHOP/Watsons “InstaRedeem” Amount”) and when the spending is displayed on Timeline of DBS Card+. Reloads of e-Wallets (e.g. PayMe, WeChat Pay and Alipay) and retail transactions paid through e-Wallets will not be considered as spending for pushing of the red “InstaRedeem” button.
       2. In order to receive push notification, eligible New Customers must enable the “InstaRedeem” push notification of DBS Card+.
       3. “InstaRedeem” amount will be pushed automatically to the eligible New Customer after the eligible New Customer has completed a spending transaction with amount in excess of HK$300 (for New Customers selecting HK$300 all merchants “InstaRedeem” Amount) or HK$400 (for New Customers selecting HK$400 PARKnSHOP/Watsons “InstaRedeem” Amount). The eligible New Customer can use the “InstaRedeem” amount received to set off the amount payable for that transaction via the “InstaRedeem” function of DBS Card+. If the eligible New Customer has not completed transactions to enjoy the “InstaRedeem” amount within 3 months after the New Card was issued, he/she will be deemed to have forfeited the Welcome Gift. The Bank will not make any special arrangements and any forms of compensation. For avoidance of doubt, please refer to the below example:
          Assume the New Card of the New Customer was issued on 5 January 2021. The New Customer downloaded DBS Card+, registered and activated DBS Card+ account on 16 January 2021. The New Customer chose “HK$400 PARKnSHOP/Watsons “InstaRedeem” Amount” as Welcome Gift and spent with the New Card at PARKnSHOP on the following dates. The table below shows the amount of Welcome Gift awarded to the New Customer under this case:

          Transaction Date	Transaction Amount	“InstaRedeem” Amount Pushed	Remarks
          11 January 2021	HK$400	Nil	Has not fulfilled the Additional Requirement
          23 January 2021	HK$83.00	Nil	The amount for the push is HK$400, transaction amount must be over HK$400
          25 January 2021	HK$482.60	HK$400

       4. The “InstaRedeem” amount as a Welcome Offer cannot be enjoyed in conjunction with other “InstaRedeem” promotion offers offered by the Bank and the merchants.  If New Customer’s spending meets the requirements of other "InstaRedeem" promotion offer at the same time, the Bank has the right to determine which offer to be awarded in respect of that spending. When the spending has already been awarded under the Welcome Offer, the same spending cannot be awarded again under other "InstaRedeem" promotions and vice versa.  In case of any disputes, the Bank reserves the right of final decision.
       5. If New Customer is successfully issued the “InstaRedeem” amount, but is not able to meet the Spending Requirement within the Spending Period, the Bank will debit the issued “InstaRedeem” amount directly from New Customer’s New Card account after the end of the Spending Period without prior notice.
    2. “LE MAURICE® CUBIX 28” Aluminum Frame Suitcase”
       1. The Bank will notify the New Customers the details of redeeming the Welcome Gift by SMS or email within 3 months after the New Card was activated. New Customer must follow the instructions in the SMS or email to complete the registration via DBS Card+ within 1 month from receiving the said message. It shall be invalid after the expiry date and will be considered as giving up the relevant Welcome Gift, no change or replacement will be accepted. Further details and terms and conditions of redemption of the Welcome Gift will be set out in the gift redemption message.
       2. If New Customer successfully redeemed the Welcome Gift but is not able to meet the Spending Requirement within the Spending Period, the Bank will debit HK$2,980 directly from New Customer’s New Card account after the end of the Spending Period without prior notice.
    3. “6 MCL Movie Vouchers”
       1. The Welcome Gift will be sent to the correspondence address of eligible New Customers within 4 months after the Spending Requirement and the Additional Requirement are met. The Bank will not be responsible for any loss, damage or theft of the Welcome Gift in the mailing process.
       2. The MCL Movie Vouchers (“Vouchers”) can be used to redeem movie tickets at the following MCL cinemas: MCL MOVIE TOWN, Festival Grand Cinema, Grand Kornhill Cinema, Grand Windsor Cinema, STAR Cinema, MCL Metro City Cinema, MCL Telford Cinema, MCL South Horizons Cinema and MCL Green Code Cinema. The use of the Vouchers is subject to terms and conditions printed on the Voucher. For details, please check with the respective cinema staff.
    4. Up to “HK$200 all merchants “InstaRedeem” Amount”
       1. The Welcome Gift will be awarded to the eligible Existing Customers via the red “InstaRedeem” button of DBS Card+ upon completing the Additional Requirement, spending with the New Card of amount as described in Clause 10.4.3 at all merchants and when the spending is displayed on Timeline of DBS Card+. Reloads of e-Wallets (e.g. PayMe, WeChat Pay and Alipay) and retail transactions paid through e-Wallets will not be considered as spending for pushing of the red “InstaRedeem” button.
       2. In order to receive push notification, eligible Existing Customers must enable the “InstaRedeem” push notification of DBS Card+.
       3. “InstaRedeem” Amount will be sub-divided into 4 times, once per calendar month (starts from the New Card issuance calendar month), HK$50 each time- and pushed automatically to the eligible Existing Customer after the eligible Existing Customer has completed spending transaction with amount of HK$50 or above. The eligible Existing Customer can use the “InstaRedeem” Amount received to set off the amount payable for that transaction via the “InstaRedeem” function of DBS Card+. If the eligible Existing Customer has not completed transactions to enjoy the “InstaRedeem” Amount within 4 calendar months starting from the calendar month of the New Card issuance date, he/she will be deemed to have forfeited the Welcome Gift or part thereof. The Bank will not make any special arrangements and any forms of compensation. For avoidance of doubt, please refer to the below example:
          Assume the New Card of the Existing Customer was issued on 5 January 2021. The Existing Customer downloaded DBS Card+, registered and activated DBS Card+ account on 16 January 2021. The Existing Customer spent with the New Card on the following dates. The table below shows the “InstaRedeem” Amount awarded to the Existing Customer under this case:

          Transaction Date	Transaction Amount	“InstaRedeem” Amount Pushed	Remarks
          11 January 2021	HK$85.8	Nil	Has not fulfilled the Additional Requirement
          23 January 2021	HK$36.3	Nil	The amount for the push is HK$50, transaction amount must be HK$50 or above
          25 January 2021	HK$72.60	HK$50	-
          30 January 2021	HK$60.00	Nil	Push the “InstaRedeem” amount once per calendar month
          8 February 2021	HK$257.50	HK$50	-
          1 May 2021	HK$125.90	Nil	Beyond 4 calendar months from the calendar month of New Card issuance date
          	Total “InstaRedeem” amount awarded:	HK$100

       4. The “InstaRedeem” amount as a Welcome Offer cannot be enjoyed in conjunction with other “InstaRedeem” promotion offers offered by the Bank and the merchants.  If Existing Customer’s spending meets the requirements of other "InstaRedeem" promotion offer at the same time, the Bank has the right to determine which offer to be awarded in respect of that spending. When the spending has already been awarded under the Welcome Offer, the same spending cannot be awarded again under other "InstaRedeem" promotions and vice versa. In case of any disputes, the Bank reserves the right of final decision.
       5. If Existing Customer is successfully issued the “InstaRedeem” amount, but is not able to meet the Spending Requirement within the Spending Period, the Bank will debit the issued “InstaRedeem” amount directly from Existing Customer’s New Card account after the end of the Spending Period without prior notice.
11. The Bank is not the supplier of the Welcome Gift or the description, photos or reference price (if any) in relation to the Welcome Gift published in our marketing materials (which are intended to be for reference only). Any enquiry, claim or complaint in relation to the quality or availability of the Welcome Gift or the accuracy of any of the aforementioned information contained in the marketing materials shall be directed to the relevant supplier. The Bank shall assume no liability in respect thereof.
12. Welcome Gift is only available to Customers whose New Card accounts are determined in the sole discretion of the Bank to be in good standing, remain valid and not in default during the relevant Spending Period and when the Welcome Gift is issued. The Bank shall have the sole discretion in determining a Customer’s entitlement to the Welcome Gift.
13. Customers must keep the original receipt of each Eligible Spending transaction. In case of disputes about the entitlement of Welcome Gift, the Bank reserves the right to require the Customer to present the original receipt of the Eligible Spending transactions for verification. If there is any discrepancy between the Bank’s record and Customer’s receipt, the Bank’s record and determination shall be final and conclusive.
14. Entitlement to Welcome Offer is subject to there being no abuse/non compliance by the Customer, failing which the Bank will debit the value of the Welcome Offer from the Customer’s account without notice and/or take such action to recover any outstanding amounts.
15. The Bank may change these terms and conditions and/or modify or terminate the Welcome Offer. The Bank’s decision is final.
16. The English version shall prevail if there is any inconsistency between the English and Chinese versions.