Exclusive Limited-time Offer: Tesla-dedicated Loan with 0% APR

*The annualized percentage rate (“APR”) of the Loan is fixed at 0%. Assuming the loan amount is HKD400,000 with a tenor of 36 months, the APR will be 0.00%. The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest 2 decimal places and may vary for individual customers. Customers should refer to their loan confirmation letters for the relevant information and such information shall prevail. The APR is only applicable to designated loan amount and for reference only. The final approved interest rate will be subject to customer’s credit assessment and the Bank’s approval.

^We reserve the right to request customers to provide additional supporting documents for the loan application. The actual time for loan approval and the loan disbursement may vary depending on the information provided by the customer and are subject to the credit assessment result. Any loan application is subject assessment against normal lending criteria.

1. During the promotion period, starting from the date on which you have drawn down the loan and the subsequent 11 calendar months, your Core Account deposit (daily balance up to HKD300,000) are entitled to the savings cash rebate. The amount of the rebate is calculated on the basis of simple interest and based on the special interest rate (your prevailing Core Account interest rate and the special interest rate amount to 1.5% in total). The promotion is subject to a quota and is available on a first-come, first-served basis. Please visit Terms and Conditions for more details.
2. During the promotion period, WeLab Bank customers who have applied for WeLab Bank Personal Loan with "TWFREE" referral code, and successfully open an investment account and invest HKD 1,000 during the promotion period to enjoy Seed Money of HKD 300. The promotion is subject to a quota and is available on a first-come, first-served basis. Please visit Terms and Conditions for more details.
3. The number is derived based on the assumption that the other banks are offering 0.001% interest rate without any promotions.
4. Allianz Global Investors is a leading active asset manager. For more details on the strategic partnership of WeLab-Allianz, please refer to the press release on WeLab official webpage.

Important notice
This webpage is for information only and does not constitute any offer, solicitation, recommendation, comment or any guarantee to the purchase or sale of any investment products or services. The investment products or services mentioned in this webpage are not equivalent to, nor should it be treated as a substitute for, time deposit.
Investment involves risk. The price of an investment fund unit may go up as well as down and the investment funds may become valueless. Part of your investment may not be able to liquidate immediately under certain market situation. Please refer to our Wealth Management Services Terms (including relevant risk disclosures) and relevant fund offering documents for more details of our services as well as the nature and risks of the relevant products.
The investment decision is yours but you should not invest in these product(s) nor services unless the intermediary who sells them to you has explained to you that these products are suitable for you having regard to your financial situation, investment experience and investment objectives.
Before making any investment decisions, you should consider your own financial situation, investment objectives and experiences, risk acceptance and ability to understand the nature and risks of the relevant product(s).
If you have any inquiries on the nature and risks involved in this webpage, relevant product(s) and services, trading or investment funds etc, you should seek advice from independent financial adviser.
The information contained on this website is intended for Hong Kong residents only and should not be
construed as a distribution, an offer to sell, or a solicitation to buy any securities in any jurisdiction where such activities would be unlawful under the laws of such jurisdiction. If you are outside of Hong Kong, we may not be authorised to offer or provide you with the products and services available through this website in the country or region you are located or resident in.

This webpage is issued by Welab Bank Limited. The contents of this webpage have not been reviewed by the Securities and Futures Commission in Hong Kong.

The monies, Hong Kong dollar and/or foreign currency, held in your Applicable Account qualify for protection under the Deposit Protection Scheme Ordinance (Chapter 581 of the Laws of Hong Kong) up to a total limit of Hong Kong $500,000.

Welab Bank Limited is a member of the Deposit Protection Scheme in Hong Kong. Eligible deposits taken by this Bank are protected by the Scheme up to a limit of HK$500,000 per depositor.