Terms and Conditions for the Welcome Gifts:
  1. Promotion Period is valid from now to 31 December 2009. Welcome Gifts are only applicable to brand new cardholders (i.e. did not hold / cancel any MEVAS Credit Cards listed on this webpage in the past 12-month) who successfully applied for the MEVAS Principal Credit Card listed on this webpage within the Promotion Period. Each new Principal Cardholder can have only ONE Welcome Gift or gift redemption letter regardless of the number of MEVAS Credit Cards applied. Gift choice cannot be converted in cash.
  2. For customer who chose "Creation A243 DVD Player", he/she will be entitled to the Welcome Gift upon accumulated HK$2,800 retail spending or cash advance within 2-month from card-issuance.
  3. "Up to HK$60,000 Interest Free Cash-in Installment": It is not applicable to cardholders who have ever held / cancelled any MEVAS Bank Credit Cards (either Principal or Supplementary Card) in the past 12-month. For those who failed to meet this requirement, MEVAS Bank (the “Bank”) shall amend the gift preference to "Creation A243 DVD Player". The Cardholders still have to meet spending requirement as stated in Clause 2 in order to get the gift. The successful applicants of MEVAS Credit Cards listed on this webpage can enjoy up to HK$60,000 and 15-month interest-free Cash-in Installment without any spending requirement. The minimum amount for "Interest Free Cash-in Installment" is HK$3,000 while the maximum is HK$60,000 (depends on the approved credit limit of MEVAS Credit Card account). The Bank has the absolute discretionary right to determine "Interest Free Cash-in Installment" amount. "Interest Free Cash-in Installment" amount reply slip will be mailed to the Principal Cardholder within 1 month whilst his/her credit card has been approved. Applicant is required to return the reply slip and required documents within 60 days of card issuance. When the Bank receives the reply slip, the Bank will credit the approved "Interest Free Cash-in Plan Installment" amount to the applicant's designated personal Hong Kong dollar currency bank ("the Relevant Account") within 7 working days. The receivable bank may deduct the handling fee from the Relevant Account. The Bank is not liable for the mentioned handling fee or any interest or other expense caused by this. The applicant has to arrange the amount with receivable bank for the expense or interest directly (if applicable). The Bank will debit the Credit Card Account with the approved "Interest Free Cash-in Installment" amount by 15 consecutive monthly installments, commencing from such date as the Bank may prescribe at its discretion. The Bank will debit an amount equivalent to the "Interest Free Cash-in Installment" amount from the credit limit of the Credit Card Account until the last installment has been debited. The Bank will proportionally increase the deducted credit limit every month after the Bank successfully debits the Credit Card Account with the installment amount due. On default of payment of any monies due under the Credit Card Account or in case of breach of any provisions of the applicable terms and conditions governing the use of MEVAS Credit Card Cardholder Agreement ("Agreement") or any of these terms and conditions by applicant or in case of cancellation or termination of the Credit Card Account or "Interest Free Cash-in Installment" for whatever reason, all outstanding installments or balance or monies owing under these terms and conditions shall immediately due and payable by applicant and shall at the absolute discretion of the Bank, be debited against the Credit Card Account and an installment plan cancellation fee of HK$300 will be charged by the Bank, therefore, the Agreement shall apply to all the said installments or balance. The Bank has the right to accept or reject any application without providing any reason. "Interest Free Cash-in Installment" is not applicable for "Cash Reward Scheme". Even if these terms and conditions have to be stipulated by other articles, the Bank has the right to inform the applicant to suspend or terminate "Interest Free Cash-in Installment". These terms and conditions shall form part of the Agreement and shall be construed accordingly. In case of any inconsistency discrepancy between these terms and conditions and the Agreement, these terms and conditions shall prevail.
  4. Principal Cardholder who successfully applied for "Up to HK$60,000 Interest Free Cash-in Installment" within promotion period and withdraw the loan on or before 28 February 2010, will be entitled to HK$50 Cash Rebate. Cash Rebate will be credited into the Principal Cardholder's Card Account on or before 31 March 2010. The relevant Card Account must be valid and in good standing status at the time of posting, otherwise Cardholder will not be entitled to the Cash Rebate. Cash rebate will be credited into the Principal Cardholder's Card account in the form of credit card free spending credit. Credit card free spending credit will be used for payment of new transaction items, it is not transferable, refundable or cannot be exchanged for cash. Cash Rebate will be forfeited if Cardholder terminated the Installment Plan and/or arranged early repayment.
  5. Gift choice cannot be changed once confirmed.
  6. One-year carry-in warranty will be granted for "Creation A243 DVD Player". Customers can choose to have the installation service provided by Creation with HK$150 service charge. Please directly contact Creation Customer Service Hotline 3571-8380 for details. 
  7. Cardholder who successfully applied for Octopus AAVS and linked it with the Cards listed on the webpage and have at least one top-up transaction on or before 31 December 2009, will be entitled to HK$50 Cash Rebate. This Cash Rebate is only applicable to Principle Cardholder and will be credited into the Principal Cardholder's Card Account on or before 31 January 2010. The relevant Card Account must be valid and in good standing status and did NOT cancel the Octopus AAVS at the time of posting, otherwise Cardholder will not be entitled to the Cash Rebate. Cash rebate will be credited into the Principal Cardholder's Card account in form of credit card free spending credit. Credit card free spending credit will be used for payment of new transaction items, it is not transferable, refundable or cannot be exchanged for cash. Other Octopus AAVS offers provided by Bank cannot be enjoyed in conjunction with this offer.
  8. The accumulated spending amount for the Welcome Gifts includes transactions of retail purchases, cash advances, "Jetso Installment" monthly installment, "Cash-in Plan" monthly installment, balance transfer posted in MEVAS Credit Card account, bill payment, interest-free monthly installment and Octopus AAVS; the following transactions are excluded, including but not limited to bank fees and service charges (including but not limited to annual fee, financial charges, late fees and cash advance handling fee, etc.), casino transactions, unposted / cancelled / refunded and all unauthorized transactions. The retail spending and cash advance of Supplementary Cardholders will be combined with the Principal Cardholder's account.
  9. The redemption letter regarding the Welcome Gift  will be sent to the eligible Principal Cardholder within one month upon fulfilling the spending requirement and the relevant Credit Card Account must be valid and in good standing status at the time of issuing the redemption letter and posting, otherwise Cardholder will not be entitled to the Welcome Gift. Gift redemption is bound by respective Terms and Conditions, these Terms and Conditions are set out on the redemption letter.
  10. Welcome Gifts listed above are on a first-come-first-serve basis while stocks last. In the event that the gift item is out of stock, the Bank reserves the right to substitute the Welcome Gifts with another offer without prior notice.
  11. The photos of the Welcome Gifts are for reference only. The manufacturers and/or suppliers of the gifts are solely responsible for the quality, availability and warranty of the products supplied, and the Bank has no liability for the quality, availability and warranty of the same. Any dispute or complaint in respect of the products, services and / or information should be directed to the relevant merchants.
  12. The Reference Retail Price of the Welcome Gifts is for indication only. The Bank is not responsible for setting the Reference Retail Prices and / or the difference between the Reference Retail Prices and the actual retail prices available in the market.
  13. If Principal Cardholder cancels his/her new Credit Card within 13 months of card-issuance date, the Bank reserves the right to debit a handling fee of HK$300 to the relevant Principal Card Account without prior notice.
  14. The Bank reserves the right to amend these terms and conditions or cancel the offer at any time without prior notice.
  15. All matters and disputes will be subjected to the final decision of the Bank.
 
Remarks:
  1. Applicants have to successfully applied for the MEVAS Credit Card Principal Card listed on this website through pressing "Apply Now" or submitting the application form in "Download Form" button, in order to be entitled to HK$50 Cash Rebate ("Download Form" must be submitted by fax / mailing.). The Cash Rebate will be credited into the Principal Cardholder's Credit Card Account on or before 31 January 2010 and the relevant Credit Card Account must be valid and in good standing status at the time of posting, otherwise Cardholder will not be entitled to the Cash Rebate. Cash rebate will be credited into the Principal Cardholder's Credit Card account in form of credit card free spending credit. Credit card free spending credit will be used for payment of new transaction items, it is not transferable, refundable or cannot be exchanged for cash.
  2. "My Favorite Merchant" Reward Scheme is applicable to the Credit Cards listed on this website. During July 2009 to July 2010's (the "10X Cash Rebate Promotion Period") statement cycle, for spending at registered "My Favorite Merchants", apart from the basic Cash Rebate (the "Basic Cash Rebate") (HK$1 Rebate for every HK$200 spending), Cardholders can also enjoy extra 9X Cash Rebate (the "Extra 9X Cash Rebate"), i.e. extra HK$9 Rebate for every HK$200 spending. During the 10X Cash Rebate Promotion Period, each qualified account can enjoy up to HK$100 "Extra 9X Cash Rebate" in each monthly statement, all Rebate afterwards will be counted based on the Basic Cash Rebate rate. Cash Rebate will be counted based on every single transaction amount. 
     

    A: Basic Cash Rebate is applicable to retail transactions and Octopus AAVS amount; "Extra 9X Cash Rebate" is applicable to retail transactions in "My Favorite Merchants" only, NOT applicable to Octopus AAVS amount. The following transaction are not eligible for any Cash Rebate, including but not limited to cash advances, "Jetso Installment", "Cash-in Plan", balance transfer, bill payment, interest-free installment, bank fees and service charges (including but not limited to annual fee, financial charges, late fees and cash advance handling fee), casino transactions, unposted / cancelled / refunded and all unauthorized transactions. 

    B: "My Favorite Merchant" Registration (the "Registration") could be done in MEVAS Bank e-Banking Service webpage. The Registration will be effective on the next working day after each update. The Bank will calculate "Extra 9X Cash Rebate" based on the "My Favorite Merchant" List (the "List") which has been effective on statement day or previous working day (if statement day is non-working). Registration time is subject the Bank's system record.
       

    Example 1: Assumed Cardholder's statement day is the 6th of every month and 6 October is working day. If the Cardholder update his/her List on 5 October, the List will be effective on 6 October and the Bank will calculate the "Extra 9X Cash Rebate" based on it.

    Example 2: Assumed Cardholder's statement day is the 4th of every month and 3 & 4 October are not working days. As the original statement day is non-working day, the Bank will calculate "Extra 9X Cash Rebate" on the previous working day (i.e. 2 October). If Cardholder updates his/her List on  1 October, it will be effective on 2 October and will be used for "Extra 9X Cash Rebate" calculation in October's statement. Updates made during 2-4 October will only be used for calculation in November's statement.
         
      C: "My Favorite Merchant" Reward Scheme is applicable to both Principal and Supplementary Cardholders. Each Principal or Supplementary Credit Cardholder can choose their own "My Favorite Merchant" and should register it at their respective e-Banking accounts. MEVAS Bank supplementary cardholders must be a principal holder of other MEVAS Bank Credit Cards or MEVAS Bank accounts, in order to be eligible for applying e-banking service account and registering "My Favorite Merchant".  Each Principal or Supplementary Credit Cardholder can enjoy up to HK$100 "Extra 9X Cash Rebate" respectively during the "10X Cash Rebate Promotion Period". 

    D: "My Favorite Merchant" Reward Scheme calculates and offers the "Extra 9X Cash Rebate" based on respective merchants and their acquiring bank's credit card settlement system setting. In case such system setting was being changed and induced cardholders fail to enjoy the "Extra 9X Cash Rebate", the Bank will not be responsible.
  3. Principal Cardholder can apply for the Octopus Automatic Add-Value Service ("AAVS") for maximum of 3 members aged 12 or above. The Bank will charge HK$100 for each Personalized Octopus Card (Including HK$50 for deposit, HK$30 for stored value and HK$20 for non-refundable handling fee) for Octopus Card Limited. There is no application fee for all first time application for the AAVS. For existing users of the AAVS, Octopus Card Limited will charge non-refundable handling fee of HK$20 for transferring the AAVS from one bank to another, or reactivation of the AAVS suspension. Such fee(s) will be debited from Cardholder's MEVAS Credit Card account.
  4. Cardholders who successfully applied for Octopus AAVS and linked it with the Credit Cards listed on the website and have at least one top-up transaction on or before 31 December 2009, will be entitled to HK$50 Cash Rebate. This Cash Rebate is only applicable to Principle Cardholder and will be credited into the Principal Cardholder's Credit Card Account on or before 31 January 2010. The relevant Credit Card Account must be valid and in good standing status and did NOT cancel the Octopus AAVS at the time of posting, otherwise Cardholder will not be entitled to the Cash Rebate. Cash rebate will be credited into the Principal Cardholder's Credit Card account in form of credit card free spending credit. Credit card free spending credit will be used for payment of new transaction items, it is not transferable, refundable or cannot be exchanged for cash. Other Octopus AAVS offers provided by the Bank cannot be enjoyed in conjunction with this offer.
  5. The Bank reserves the final rights to amend these terms and conditions at any time without prior notice. All matters and disputes will be subjected to the final decision of the Bank.