Terms and Conditions of "DBS COMPASS VISA Watsons 8% Discount Promotion":


  1. DBS COMPASS VISA Watsons 8% Discount Promotion” (“Promotion”) is only applicable to Cardholders (“Cardholders”) of DBS COMPASS VISA (“Applicable Credit Card”) issued by DBS Bank (Hong Kong) Limited (the “Bank”, which expression shall include its successors and assigns).
  2. The promotion period is on the 5th,15th and 25th day of every month (“Promotion Calendar Day”) from 5 January 2017 to 25 December 2017, both dates inclusive (“Promotion Period”).
  3. Every Eligible Transaction (“Eligible Transaction”, as defined in clause 6 below) conducted by Cardholders during the Promotion Period with the Applicable Credit Card at Hong Kong Watsons and www.watsons.com.hk (“Merchants”) shall be eligible to 8% Discount (discount value is calculated based on the amount after deducting any discount (including staff discount) and before COMPASS Dollar redemption (if applicable)) (“Discount”). The calculation of Discount is rounded down to the nearest 2 decimal places, the 3rd decimal places (if any) are not counted.
  4. For Eligible Transactions settled by VISA payWave, Apple Pay, Android Pay or Samsung Pay, or at www.watsons.com.hk, Discount will be offered in form of COMPASS Dollar rebate (“Reward”) and credited to the Applicable Credit Card account within 3 months after the Promotion Calendar Day. Rebate is calculated under the conversion rate of $1 COMPASS Dollar for HK$1.
  5. Each Applicable Credit Card can enjoy maximum HK$40 Discount/ $40 COMPASS Dollar Reward per Promotion Calendar Day during the Promotion Period.
  6. “Eligible Transactions” shall mean a single retail purchase transaction of net amount HK$500 or above (after deducting any discount (including staff discount) and before COMPASS Dollar redemption (if applicable)) at Merchants. The following types of transactions are not Eligible Transactions for the purpose of the Promotion: bill payments, Octopus card reloads, phone or fax orders, purchasing coupons, stage 1 infant milk powder, prepaid phone cards, the environmental levy on shopping bags imposed by the Hong Kong Government, transactions made at any outlets outside Hong Kong (including Macau and China), unauthorized transactions and any transactions that are subject to cancellation, charge-back, return of goods and/or refund or any other categories as the Bank may at its discretion determine from time to time. Discount will be cancelled or returned along with any cancelled or reversed transactions. All Eligible Transaction will be counted base on the transaction date and conducted during Promotion Period.
  7. If there is a supplementary card under the Applicable Credit Card account, Eligible Transactions conducted under the supplementary card will be deemed as Eligible Transactions conducted under the principal card account.
  8. Discount and Reward cannot be transferred and exchanged for cash, credit limit as well as other goods or services.
  9. The Discount entitled by Cardholders under the Promotion shall be determined by the Bank at its sole discretion based on the Bank’s record. If there is any discrepancy between the record held by Cardholders and that held by the Bank, the Bank’s record shall be conclusive and binding on the Cardholders.
  10. Any fraud and/or abuse of the Promotion by any person (as determined by the Bank at its sole discretion) will result in forfeiture of the person's eligibility to participate in the Promotion and/or cancellation of all or part of the person's account(s) with the Bank. The Bank reserves the right to deduct the value of any Discount awarded inappropriately to a person directly from any of the person's account(s) with the Bank without prior notice and/or take legal action in such instances to recover any outstanding amounts.
  11. The Promotion is only applicable to Cardholders whose Applicable Credit Card accounts are determined at the sole discretion of the Bank to be in good standing and remain valid and not in default during the Promotion Period and when the Reward is credited to the Applicable Credit Card account.
  12. The Bank and Merchants reserve the right to amend these terms and conditions as well as to vary or terminate the Promotion without prior notice.
  13. In the event of disputes, the decision of the Bank and Merchants shall be final and binding.
  14. If there is any inconsistency between the English and Chinese versions of these terms and conditions, the English version shall prevail.