[1] The WeLab Debit Card April Flash Offer 2021 (“Offer”) period shall be from 24 April 2021 to 28 April 2021 (both dates inclusive) (“Offer Period”).

[2] The Offer only applies to selected WeLab Bank Limited’s (“WeLab Bank”, “we”, “us” or “our”) customer (“Selected Customer”, “you” or “your”) and is not transferable to other customers. Selected Customer will be notified by us via SMS and email messages. Selection and eligibility are at the sole discretion of WeLab Bank.

[3] During the Offer Period, each Eligible Transaction with a minimum spending of HKD 20 will be entitled to HKD20 cash rebate. You shall be entitled to up to 5 times of HKD20 cash rebate within the Offer Period, which means the maximum amount of cash rebate you shall be entitled to within the Offer Period is HKD100.

[4] This Offer can be used in conjunction with the Spring Seasonal Offer 2021.

[5] Eligible transaction is defined as transactions conducted using your WeLab Debit Card (virtual and/or physical WeLab Debit Card) within the Offer Period in any currency (“Eligible Transaction”). If the Eligible Transaction is made in a currency other than Hong Kong Dollars, the cash rebate will be calculated based on Hong Kong Dollars after conversion at the applicable exchange rate.

[6] Our decision as to what constitutes an ineligible or Eligible Transaction (as the case may be) shall be final and conclusive. Ineligible transactions, shall include but are not limited to the below: (a) payment of banking fees and charges (including but not limited to annual fee, overdrawn fee, card replacement fee, ATM cash withdrawal fee, if applicable); (b) quasi-cash transactions including: (i) betting and gambling transactions; (ii) instalment payments; (iii) balance transfers; (iv) cash, token, vouchers payment and/or foreign exchange transactions at non-financial institutions (including cash coupon purchases, purchase of foreign currency, money orders and travelers’ cheques); and/or (v) any transactions at other financial institutions (including purchase of merchandise and services from banks); (c) bank transfers (by way of Faster Payment System, SWIFT, eDDA, etc.); (d) bill payments (including but not limited to water bills, electricity bills, insurance premiums, payments to other banks and credit cards, etc.); (e) tax payments to the Inland Revenue Department; (f) purchase and/or reload of stored value cards or e-wallets; and/or (g) unposted, cancelled and/or refunded transactions, in whole or in part. We may add to, or remove from, the list of ineligible transactions from time to time at our sole discretion.

[7] The equivalent cash rebate amount will be credited into your Core Account within 10 working days from the 1st day of the next calendar month after the end of the Offer Period.

[8] If you have subsequently cancelled or reversed any transactions (in full or partial amount) in respect of which cash rebate amount has been credited to your Core Account, we reserve the right to debit the respective cash rebate amount directly from your Core Account without prior notice.

[9] All cash rebate amount cannot be transferred, returned, exchanged or converted into other forms, unless otherwise specified by us.

[10] You agree and acknowledge that you are not entitled to receive any cash rebate amount if you close your Core Account at any time before the cash rebate amount is credited to your Core Account.

[11] Any breach of applicable laws or regulations, fraud, abuse and/or non-compliance by you (as determined at our sole discretion) will result in forfeiture of your eligibility to participate in the Offer and/or suspension or termination of all or any of your Account with us. We shall not credit the cash rebate amount or where the cash rebate amount has been credited, we reserve the right to debit the cash rebate amount from your Account (including but not limited to your Core Account) without notice and/or take such necessary legal action to recover any outstanding amounts.

[12] We reserve the right to suspend, modify or terminate this Offer and/or amend these terms and conditions at any time without prior notice. In the event of dispute, our decision shall be final, conclusive and binding.

[13] Terms defined in our Account Terms shall have the same meanings when used herein, unless otherwise defined.

[14] In the event of any discrepancy between the English and Chinese versions of these terms and conditions, the English version shall prevail.

Effective date: 24 April 2021