Account Opening Offer for Instalment Loan Customers (“Offer”)

1.  The promotion of the Account Opening Offer for Instalment Loan (“Offer”) commences from 1 April 2021 to 31 May 2021, both dates inclusive (the “Promotion Period”).


2.  During the promotion period, customer (“Eligible Customer”) will be eligible for the HKD 400 cash reward (“Cash Rewards”) if the conditions below are fulfilled:


    a.  Completed the ZA Bank account opening process during loan application and successfully opened a ZA Bank account.


    b.  Successfully drawing down an instalment loan (“Personal Loan”).


3.  For customers who are eligible for Instalment Loan at a fixed APR of 1.99% Promotion (“Instalment Loan”), the Cash Rewards can be enjoyed together upon fulfilling clause 1 and clause 2 above.


4.  For customers who are eligible for ZA Bank Limited Member Get Member Programme (Personal Loan) (“Loan MGM”), the Cash Rewards can be enjoyed together upon fulfilling clause 1 and clause 2 above.


5.  Customers who are eligible and received referral rewards for ZA Bank Limited Member Get Member Programme (“Account Opening MGM”) are not eligible for the Offer.


6.  Each Eligible Customer can only receive the Cash Rewards once.


7.  The Cash Rewards will be credited to Eligible Customer’s ZA Bank account within 30 working days after the promotion period. If the account is under internal review, the Cash Rewards will be credited to his/her ZA Bank account upon the completion of internal review.


8.  Eligible Customer shall maintain a valid and active ZA Bank account in order to receive the Cash Rewards (if any). If his/her account is not in a valid and active status, ZA Bank has the right to forfeit the Cash Rewards without prior notice, and no reward will be credited to any other account or through any other means.


9.  In the event that the Eligible Customer early settles the loan within the 7 days cooling-off period, the Cash Rewards credited to the Eligible Customer’s ZA Bank account upon drawdown of Personal Loan will be deducted upon early settlement.


10.  Cash Rewards cannot be transferred, returned, exchanged or converted into other form.


11.  ZA Bank may, from time to time, impose limitations on the number of eligible customers who can receive Cash Rewards.


12.  The Bank reserves the right to adjust, withdraw or cancel this promotion, and to amend or revise any of these terms and conditions from time to time without prior notice and without assigning any reasons whatsoever. In no event shall the Bank be responsible for any loss or liability which the Customer may suffer or incur as a result of such promotion be adjusted, withdrawn or cancelled. The Customer will be subject to these terms and conditions in force at the time of applying to the Bank for the Loan during the Promotion Period.


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


14.  These terms and conditions 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.


15.  These terms and conditions should read in conjunction with the Bank’s Instalment Loan Terms and Conditions. If there are any inconsistencies between the Instalment Loan Terms and Conditions and the terms herein, the Instalment Loan Terms and Conditions shall prevail.


16.  No one other than the Customer and the Bank (includes its successors and assignees) will have any right under the Contracts (Rights of Third Parties) Ordinance (Cap. 623 of the Laws of Hong Kong) to enforce or enjoy the benefit of any of the provision of these terms and conditions.


17.  In the event of any discrepancy or inconsistencies between the English and Chinese versions of these Terms and Conditions, the English version shall prevail.


18.  ZA Bank employees and the employees of other members of the ZA Group are not eligible for this promotion.


To borrow or not to borrow? Borrow only if you can repay.