ZA Card Promotion Terms and Conditions


1.  The promotion period is from 19 Oct 2020 to 31 Jan 2021 (both days inclusive) (“promotion period”).


2.  The Promotion is only applicable to cardholders of ZA Card with active status and who have successfully linked ZA bank account to ZA Coin (“Participant”, or “you”), a third-party reward scheme operated by ZA International Financial Services Limited (“ZAIF”).


3.  You can earn ZA Coin by making Eligible Transactions as follows:


Reward Eligible Transactions within categories ZA Coin Earned Maximum earning per month (“Cap”)
I Every HKD 1 spent at Designated merchants (please refer to clause 4 for definition) 11 ZA Coins
(equal to HKD 0.11)
20,000 ZA Coins
(equal to HKD 200)
II Every HKD 1 spent in “Online” category (please refer to clause 5 for definition) which isn’t included in Reward I 6 ZA Coins
(equal to HKD 0.06)
20,000 ZA Coins
(equal to HKD 200)

4.  Designated merchants include the following and ZA Bank may add or remove the merchants from time to time without further notice:


  a.  Deliveroo


5.  Spend within “Online” Category means transactions made online in accordance with the definition assigned by VISA, the card association from time to time.


6.  The Cap of ZA Coin earning per month applies. If a single eligible transaction results in you earning more than the Cap, you will receive the ZA Coin up to the Cap in that reward category and the remaining transaction value will not earn any ZA Coin reward.


7.  If a transaction is refunded or partially refunded, we will not re-set the Cap. For example, if you earned 20,000 ZA Coins in Reward I, even that the transaction is subsequently refunded and we deducted part or all the ZA Coins from the Cap for this transaction, you are not entitled to any ZA Coins in Reward I for the rest of the month. However, if a transaction is reversed, the Cap will be re-set to the amount as if the ZA Coins are not earned.


8.  ZA Coin earned from an Eligible Transaction shall be credited to your ZA Coin account operated by ZAIF within short amount of time. ZA Bank will use its best endeavour to provide the necessary information to ZAIF to facilitate this purpose, however ZA Bank makes no warranty that the ZA Coins earned will be accurately credited to ZA Coin account operated by ZAIF and accepts no liability for failure or delay in the crediting of ZA Coin to the your ZA Coin account for any reason beyond ZA Bank’s control.


9.  ZA Coin can be redeemed to cash in ZA Bank App at a rate of 100 ZA Coins = HKD 1. Upon successful redemption, the cash will be deposited to your ZA Bank HKD savings account instantly. The monthly cash redemption amount is capped at HKD 10,000. Terms and Conditions of ZA Coin apply for redemption. For details, please visit coin.za.group. ZA Bank is not obliged to notify you of any changes or latest announcements of ZAIF.


10.  The Eligible Transaction made must be no less than HKD 1 to earn ZA Coin.


11.  If the ZA Coin unit earned is not an integer, we will adjust the ZA Coin to the nearest integer


12.  Eligible Transactions means retail transactions made with ZA Card but does NOT include the following:


  a.  Insurance payment;

  b.  Payment to Inland Revenue Department;

  c.  Payment to merchant in gambling and betting;

  d.  Digital wallet top-ups;

  e.  Octopus top-ups;

  f.  Fees and charges;

  g.  Cancelled, reversed or unposted transactions.


13.  All Rewards cannot be transferred unless otherwise specified herein.


14.  ZA Bank reserves the right to adjust, withdraw or cancel the Promotion, and to amend or revise any of these Terms in relation to the Promotion from time to time without prior notice and without assigning any reasons whatsoever.


15.  In case of any ambiguity, doubts or disputes arising out of or under any of these Terms or any communications, the decision of ZA Bank is final and conclusive in all circumstances without assigning any reasons whatsoever and no correspondence will be entered into.


16.  No other than the Participant and ZA Bank (includes its successors and assigns) will have any right under the Contracts (Rights of Third Parties) Ordinance to enforce or enjoy the benefit of any of the provision of these Terms.


17.  These Terms are governed in all respects by and construed in accordance with the laws of the Hong Kong Special Administrative Region. The parties submit to the jurisdiction of the courts of the Hong Kong Special Administrative Region.


18.  In the event of any discrepancy or inconsistencies between the English and Chinese versions of these T&Cs, the English version shall prevail.