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    HSBC Proactive Annual Fee Waiver October 2022 Promo v5

    Uploaded by

    Leonard Alfred Badong
    The document outlines HSBC's credit card annual fee waiver promotion from October 1 to December 31, 2022. Cardholders must meet a minimum spend of PHP35,000 for primary cards or PHP17,500 per supplementary card to get their annual fee waived for the current year. Qualifying spends include straight purchases, installments, bills payments and online purchases, excluding cash advances and fees. HSBC will process waivers on January 31 for eligible primary cards based on meeting the minimum spend during the promotion period.

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    Download as PDF, TXT or read online from Scribd

    HSBC Proactive Annual Fee Waiver October 2022 Promo v5

    Uploaded by

    Leonard Alfred Badong
    43 views1 page
    The document outlines HSBC's credit card annual fee waiver promotion from October 1 to December 31, 2022. Cardholders must meet a minimum spend of PHP35,000 for primary cards or PHP17,500 per supplementary card to get their annual fee waived for the current year. Qualifying spends include straight purchases, installments, bills payments and online purchases, excluding cash advances and fees. HSBC will process waivers on January 31 for eligible primary cards based on meeting the minimum spend during the promotion period.

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    The document outlines HSBC's credit card annual fee waiver promotion from October 1 to December 31, 2022. Cardholders must meet a minimum spend of PHP35,000 for primary cards or PHP17,500 per supplementary card to get their annual fee waived for the current year. Qualifying spends include straight purchases, installments, bills payments and online purchases, excluding cash advances and fees. HSBC will process waivers on January 31 for eligible primary cards based on meeting the minimum spend during the promotion period.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    43 views1 page

    HSBC Proactive Annual Fee Waiver October 2022 Promo v5

    Uploaded by

    Leonard Alfred Badong
    The document outlines HSBC's credit card annual fee waiver promotion from October 1 to December 31, 2022. Cardholders must meet a minimum spend of PHP35,000 for primary cards or PHP17,500 per supplementary card to get their annual fee waived for the current year. Qualifying spends include straight purchases, installments, bills payments and online purchases, excluding cash advances and fees. HSBC will process waivers on January 31 for eligible primary cards based on meeting the minimum spend during the promotion period.

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    © All Rights Reserved
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    1.

    HSBC Credit Card’s Annual Fee Waiver for Your Spend (the “Promo”) shall run from October 1, 2022 to December 31, 2022
    (the “Promo Period”).

    2. The Promo is open to select Primary and Supplementary HSBC Credit Cardholders (the “Cardholder”), whose cards are issued
    in the Philippines, are active, in good credit standing and who received an invitation to participate in this Promo thru email or
    SMS. In case the Cardholder has more than one HSBC Credit Card, the offer will apply only to the credit card identified with the
    last four digits mentioned in the email or SMS.

    3. Under this Promo, the annual fee for the current year of the Cardholder’s Credit Card may be waived if he/she will meet the
    following required minimum accumulated spend amount within the Promo Period (the "Qualified Spend"):

    a. Primary Credit Card PHP35,000


    b. Supplementary Credit Card, if any PHP17,500, per credit card

    4. Qualified Spend shall be straight purchases, installment purchases, bills payment, and online purchases made on the select
    credit card. For installment transactions, each transaction shall be considered as one transaction amount. As such, succeeding
    monthly amortizations from the same installment transaction shall not be counted as a separate transaction amount on the
    Cardholder's account.

    5. Straight-to-Installment and Balance Conversion transactions, Business-related and Casino transactions, Cash Advance, Quasi-
    Cash*, Auto Charge as well as Bills Payment transactions done via HSBC online, Fees and charges are excluded from the
    Promo.

    *Quasi-cash transactions refer to a purchase of foreign currency or items (including but not limited to, gaming chips, money
    orders and lottery tickets) which may be convertible to cash the transfer of funds under a wire transfer money order, the
    funding of accounts including electronic or virtual wallets and such other transactions as determined by the relevant card
    association from time to time.

    6. If the cardholder is qualified for Balance Transfer or Cash Installment Plan, take up from these program/s within the Promo Period
    shall be included in the Qualified Spend. Balance Transfer and Cash Installment Plan terms shall apply. Each transaction shall
    be considered as one transaction amount. As such, succeeding monthly amortizations from the same installment transaction
    shall not be counted as a separate transaction amount on the Cardholder's account.

    7. Fees and charges on the HSBC Credit Card are excluded in the Promo.

    8. Transactions made by the Cardholder’s supplementary credit cardholder/s (if any) shall NOT be qualified as part of the Primary
    Cardholder’s accumulated spend under this Promo, and vice versa.

    9. HSBC shall extract from its system and identify HSBC Credit Cardholders who have reached the Qualified Spend at the end of
    the Promo Period.

    10. HSBC shall process the waiver of the annual fee on January 31, 2023 for the HSBC Primary Credit Cards wherein the
    Qualified Spend was met.

    11. The qualified HSBC Primary Credit cardholder shall receive an SMS advisory once the Annual fee waiver is processed.

    12. The waiver of the annual fee shall reflect in the next statement of the client after the waiver is processed.

    13. In case of dispute with respect to the cardholder’s eligibility, coverage of dates, fulfillment, etc., HSBC’s decision shall prevail.
    The complainant has recourse with DTI.

    Per DTI-FTEB SPD Permit No. 137873 Series of 2022.

    PUBLIC

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