Up to HK$600 Cash Reward on Available Credit Limit Usage Promotion Terms and Conditions

 

  1. The “Up to HK$600 Cash Reward on Available Credit Limit Usage Promotion” (“Promotion”) is only applicable to principal cardholders (“Cardholders”) of DBS Credit Cards, its Co-branded Cards and DBS COMPASS VISA (excluding Private Label Card and Business Cards) (“Applicable Credit Cards”) issued by DBS Bank (Hong Kong) Limited (“The Bank”), who are invited by email or SMS from The Bank (“Selected Customers”).
  2. The promotion period for the Promotion is from 1 November 2018 to 31 January 2019, both dates inclusive (“Promotion Period”).
  3. During the Promotion Period, Selected Customers can receive a 5% cash rebate of up to HK$200 each calendar month on the usage of their Available Credit Limit (“the Cash Reward”). The Cash Reward is calculated by subtracting the Available Credit Limit on 31 October 2018 (as printed on the email or SMS of this promotion from the Bank) by that on 30 November 2018, 31 December 2018, and 31 January 2019 respectively, given the difference is a positive amount (“Difference”). The Bank shall credit an amount that is 5% of the Difference within one month after 30 November 2018, 31 December 2018, and 31 January 2019 respectively to the Selected Customer’s Applicable Credit Card account with the most transactions in the previous calendar month of the Cash Reward crediting month. For details, please refer to the example below.
    4. 31 October 2018 30 November 2018 31 December 2018 31 January 2019
    Available Credit Limit HK$20,000 HK$18,000 HK$17,000 HK$15,000
    Difference, i.e. the usage of Available Credit Limit* - HK$2,000 HK$3,000 HK$5,000
    Cash Reward (5% of the Difference) - HK$100 HK$150 HK$200
    Cash Reward credited by - By 31 December 2018 By 31 January 2019 By 28 February 2019

    * Subtract the relative calendar month’s Available Credit Limit by the Available Credit Limit on 31 October 2018.

    Total Cash Reward: HK$100 + HK$150 + HK$200 = HK$450

  4. If Selected Customer’s Available Credit Limit as of 31 October 2018 is HK$4,000 or below (including negative amount) and holds an Available Credit Limit of HK$0 or below (i.e. a negative amount) on 30 November 2018, 31 December 2018 and 31 January 2019 respectively, the Bank shall credit HK$200 to the Selected Customer’s Applicable Credit Card Account one month after 30 November 2018, 31 December 2018, and 31 January 2019 respectively.
  5. Selected Customers must register for the Promotion via the DBS Omni mobile application through the following steps: DBS Omni mobile application > Earn Rewards > Registration for Marketing and Services > HK$600 Cash Reward on Available Credit Limit Usage. 1,500 registration quotas apply on a first come, first served basis. The calculation for the Cash Reward will start on the calendar month of Promotion registration. For example, if Selected Customer registered for the Promotion on 10 December 2018, Cash Reward calculation will take effect starting December 2018, until the end of the Promotion Period.
  6. If a decrease in Selected Customer’s Available Credit Limit were due to the following reasons: a decrease in the Selected Customer’s Credit Limit, application of a new Call-a-loan Installment and/or Fund Transfer, or direct debit authorization for merchant payment, the decreased Available Credit Limit will not factor into the Cash Reward calculations.
  7. The Cash Reward will be forfeited if the Cardholder no longer holds any Applicable Credit Cards at the time the Bank performs the Cash Reward crediting.
  8. A person who is not a party to these terms and conditions may not enforce any of their terms under the Contracts (Rights of Third Parties) Ordinance (Cap 623 of the Laws of Hong Kong).
  9. The Bank may change the terms and conditions and/or modify or terminate the Promotion. The Bank’s decision is final.
  10. The English version shall prevail if there is any inconsistency between the English and Chinese versions.