"Exclusive Cashline Revolving Loan Offer for DBS Treasures Customers" Terms and Conditions:
- "Exclusive Cashline Revolving Loan Offer for DBS Treasures Customers" (the “Promotion”) is only applicable to existing customers of DBS Treasures of DBS Bank (Hong Kong) Limited (the “Bank”) who do not currently hold, or prior to the date of application for Cashline Revolving Loan (“Cashline”) have not held and/or cancelled any Cashline account (“New Customers”).
- The promotional period of the Promotion commences on 1 July 2018 and ends on 31 July 2018, both dates inclusive (the “Promotional Period”).
- New Customers who successfully apply Cashline via the designated promotion website or promotion hotline 2290 8118 of the Bank during the Promotional Period will be entitled to HK$100 supermarket cash coupons (“Coupons”) and preferential interest rate of P-3% for the first 4 months (“Preferential Rate Offer Period”).
- The Preferential Rate Offer Period starts on the Cashline account open date and ends on the 4th statement date. Depending on the statement cycle date assigned by the Bank’s system, the Preferential Rate Offer Period may be less than 4 months. For the avoidance of doubt, assume that the Cashline account is opened on 29 June 2018, the statement cycle date is the 25th of each month, the Preferential Rate Offer Period is from 29 June 2018 to 25 October 2018.
- Redemption letters will be sent to the eligible New Customers by mail within 3 months after the end of the Promotional Period for the redemption of Coupons at designated redemption center. Use of the Coupons is subject to the terms and conditions stipulated by the supplier.
- The Coupons are only applicable to New Customers whose Cashline accounts are in good standing and not in default (as determined by the Bank at its sole discretion). If the New Customer’s credit standing is unsatisfactory, the Bank reserves the right to stop issuing the Coupons or deduct the face value of the Coupons awarded from the Cashline account without prior notice.
- A person who is not a party to these terms and conditions may not enforce any of their terms under the Contracts (Rights of Third Parties) Ordinance (Cap 623 of the Laws of Hong Kong).
- The Bank may modify or terminate the Promotion and/or change these terms and conditions. The Bank’s decision is final.
- The English version shall prevail if there is any inconsistency between the English and Chinese versions.