Important Notes:
  • Investment involves risk, prices of investment product may go up as well as down, and may become valueless.
  • Securities Margin Trading involves significant risk and losses may exceed the value of your collateral.
  • Some mutual funds may involve derivatives. FX linked deposits are structured products involving derivatives. The investment decision is yours but you should not invest in an investment product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation, investment experience and investment objectives.
  • Investment products including FX linked deposits are not equivalent to or alternative of time deposits. They are not protected deposits, and are not protected by the Deposit Protection Scheme in Hong Kong. Investment products are not principal-protected while some FX linked deposits are principal-protected conditionally.
Value Added Payroll Service
 
  From now until December 31, 2017, enroll Valued Added Payroll Service to enjoy up to 2% p.a. Bonus Interest Rate and up to HK$1,500 cash reward. Add value to each Payday with our monthly rewards!  
 
Value Added Payroll Cash Reward
Eligible customer* who enrolls Value Added Payroll Service can enjoy up to HK$1,500 cash reward, including HK$500 Payroll Service Reward and up to extra HK$1,000 Bonus Reward for enrolling this service up to 1 year!
Customer Payroll Service Reward1 + Bonus Reward2 = Total Reward
PREMIER SELECT / PREMIER BANKING HK$500 HK$1,000 HK$1,500
WISE BANKING HK$300 HK$500 HK$800
General Banking HK$200 - HK$200

*Eligible customer refers to customer who has not enrolled Value Added Payroll Service with the Bank in the past 12 months.

 
 
Up to 2% p.a. Bonus Interest Rate
Eligible customer* who enrolls Value Added Payroll Service and fulfills designated requirements3 can enjoy up to 2% p.a. Bonus Interest Rate with high financial flexibility.
Average monthly account balance in the
designated HKD Payroll Account
(with maximum limit)
Special Interest Rate3 Premier Interest Rate3
HK$10,000-HK$100,000 0.1%p.a.
Above HK$100,000-HK$500,000 0.2%p.a. 0.8%p.a.
Above HK$500,000-HK$1,000,000 0.5%p.a. 2%p.a.
 
 
Credit Card4 and DDA5 Rewards
Apply for credit card with all required supporting documents, and successful setup of autopay for designated bill payment can enjoy up to HK$300 reward.
 
  Upgrade your Payroll Power with fabulous rewards and bonus interest rate! Apply now!  
 
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  Enquiry Hotline : 2903 8303  
 
1Eligible Customer must have successfully completed 2 consecutive Eligible Payroll Transactions, within 4 months after the enrollment of the Valued Added Payroll Service.
2Eligible Customer who has any Packaged Banking status during Promotion Period, maintain valid Packaged Banking status within 12 months from the enrollment of the Payroll Service and complete one Eligible Payroll Transaction once a month continuously for at least 10 months from the first Eligible Payroll Transaction.
3 The Special Interest Rate and Premier Interest Rate are for reference only and is not guaranteed. The interest rate is subject to review according to changes in market conditions from time to time, the Bank reserves the right to change the interest rate at any time. Please contact our staff for details. To enjoy the Special Interest Rate and Premier Interest Rate, Eligible Customer must fulfill designated requirements, please refer to Terms and Conditions clause 8.3 for details.
4Customer who apply for credit card and not maintained any principal credit card with the Bank within the last 6 months (no matter how many applications, this offer can be enjoyed once only).
5Successfully apply for Autopay through Account with the Bank to settle designated public utilities/government fees/telecom services/principal credit card payment with the Bank.
Investment involves risk. The above offers and services are bound by related terms and conditions, please refer to the relevant terms and conditions below or contact our staff for details.
 
To borrow or not to borrow? Borrow only if you can repay!
 
 
Terms & Conditions
Value Added Payroll Service Promotion Program (the “Program”) Terms and Conditions

A. General Terms and Conditions:
  1. The Program is only applicable to personal customer who did not enroll the Valued Added Payroll Service (“Payroll Service”) with China Construction Bank (Asia) Corporation Limited (the “Bank”) in the past 12 months (“Eligible Customer”).
  2. The promotion period is from September 1, 2017 to December 31, 2017, both dates inclusive (“Promotion Period”). Eligible Customer will be entitled to the offers as specified under Section B below only once during the Promotion Period; If more than one account holders are involved in the sign up, only the primary account holder will be eligible for the offers.
  3. If Eligible Customer is entitled to below offers in conjunction with other promotions, the Eligible Customer is only entitled to the offer that is of the highest value, the decision of the Bank shall be final and binding.
  4. Pursuant to the requirements listed under Section B Offers below, Eligible Customer must be a valid Payroll Service customer, maintain a valid Payroll Service account and relevant PREMIER SELECT/ PREMIER BANKING/ WISE BANKING (“Packaged Banking”) status (if applicable) at the time of receipt of the respective offers. Otherwise, the reward under the relevant offers will be forfeited absolutely and will not be provided to the Eligible Customer through any other means.
  5. Eligible Customer is also bound by relevant terms and conditions for the banking products and services under the Program, please refer to the relevant promotional materials or visit the official website of the Bank or contact our staff for details. In the event of any inconsistency between these Terms and Conditions and the relevant terms and conditions for the banking products and service, these Terms and Conditions of the Program shall prevail.
  6. The Program is not applicable to the Capital Investment Entrant Scheme customer, Private Banking customer and the staff of the Bank and the staff of the subsidiary companies of China Construction Bank.
  7. The Bank reserves the right to suspend, modify or terminate any of the Offers or the Program and change these Terms and Conditions at its discretion from time to time. The Bank will give prior notice in a manner the Bank considers appropriate (including but not limited to provision of notice by electronic means). In case of dispute, the decision of the Bank shall be final and binding.
B. Offer details:
  1. Subject to the conditions set out in this clause, the offer(s) will be offered to the Eligible Customer as listed below.
    8.1 Reward for Payroll Service (“Payroll Service Reward”):
    1. Eligible Customer must fulfill below conditions in order to enjoy the Payroll Service Reward as stated below:
      1. Eligible Customer must have successfully completed 2 consecutive Eligible Payroll Transactions, as listed below in Clause 8.1(aii), within 4 months after the enrollment of the Payroll Service. If there is more than one Eligible Payroll Transaction during a month, only the transaction with the highest Salary Payment will be considered as Eligible Payroll Transaction, and
      2. Eligible Payroll Transaction refers to the Salary Payment directly credit to the payroll account by the employer each month through the auto-payroll service or standing instructions through other banks (Not include any transactions through the Bank’s account) and the Salary Payment amount must not less than HKD10,000 (“Eligible Payroll Transaction”). Salary Payment refers to the basic monthly salary payment (excluding commission, bonus, overtime allowance, double pay, reimbursement, MPF contribution, and/or other payment made on top of the basic salary) (“Salary Payment”). Any Salary Payment made by cash or cheque will not be considered as Eligible Payroll Transaction.
        Customer Type Cash Reward
        PREMIER SELECT/ PREMIER BANKING HKD 500
        WISE BANKING HKD 300
        General Banking HKD 200
    2. Cash reward of Payroll Service Reward will be credited to Eligible Customer’s payroll account directly. The Eligible Customer must also fulfill the conditions of the Program, must be a valid Payroll Service customer, maintain a valid Payroll Service account and a valid Packaged Banking status (if applicable) at the time of crediting cash reward. Below is the schedule for crediting Payroll Service Reward:
      Promotion Period Enrollment Date Cash Reward Credit Date
      First Promotion Period September 1, 2017 to October 16, 2017 On or before April 30, 2018
      Second Promotion Period October 17, 2017 to December 31, 2017 On or before June 30, 2018

    8.2 Bonus Reward (“Bonus Reward”)
    1. Eligible Customer who has any Packaged Banking status during Promotion Period, maintain valid Packaged Banking status within 12 months from the enrollment of the Payroll Service and complete one Eligible Payroll Transaction once a month continuously for at least 10 months from the first Eligible Payroll Transaction, can enjoy Bonus Reward as stated below.
      Customer Type Cash Reward
      PREMIER SELECT/ PREMIER BANKING HKD 1,000
      WISE BANKING HKD 500
    2. Eligible Customer must fulfill the conditions of Payroll Service Reward as defined in Clause 8.1 above, in order to enjoy the Bonus Reward.
    3. Cash reward of Bonus Reward will be credited to Eligible Customer’s payroll account directly. The Eligible Customer must also fulfill the conditions of the Program, maintain a valid Payroll Service account and valid Packaged Banking status at the time of crediting cash reward. Below is the schedule for crediting Bonus Reward:
    4. Promotion Period Enrollment Date Cash Reward Credit Date
      First Promotion Period September 1, 2017 to October 16, 2017 On or before December 31, 2018
      Second Promotion Period October 17, 2017 to December 31, 2017 On or before February 28, 2019

    8.3 Up to 2% p.a. Bonus Interest Rate Offer (“Bonus Interest Rate Offer”)
    1. Eligible Customer must fulfill below conditions in order to enjoy the Bonus Interest Rate Offer:
      1. Eligible Customer who successfully register to enroll the Payroll Service with the Bank’s HKD Savings account or HKD Interest bearing checking account (“Designated HKD Payroll Account”) during the Promotion Period, has at least one Eligible Payroll Transaction (please refer to clause 8.1(aii)); and maintain Monthly Average Balance (please refer to clause 8.3(d)) in the Designated HKD Payroll Account (see below Summary Chart for requirements) in any one calendar month within 6 calendar months from the enrollment date of the Payroll Service, can enjoy the below Special Interest Rate (“Special Interest Rate”) for the deposit balance between HKD10,000 and HKD1,000,000 in the Designated HKD Payroll Account in that calendar month (“Bonus Interest Month”).
      2. If Eligible Customer fulfill the requirement stated in clause 8.3(ai), maintain PREMIER SELECT/ PREMIER BANKING status (PREMIER SELECT customer needs to maintain HKD5,000,000 equivalent or above Daily Average Combined Balance/ PREMIER BANKING customer needs to maintain HKD1,000,000 equivalent or above Daily Average Combined Balance) and successfully completed one or more designated transaction(s) with aggregate transaction amount of HKD30,000 or above (“Designated Transaction”)(excluding instruction of cancelled and/or unsuccessful transaction) through the Bank’s Online Personal Banking Service and/ or Personal Mobile Banking Service (“Online Banking”) in one Bonus Interest Month, instead of Special Interest Rate, Eligible Customer can enjoy below Premier Interest Rate (“Premier Interest Rate”) in that calendar month.

        Designated Transaction includes:
        1. Securities transaction (HKD-denominated or RMB-denominated securities listed on the Stock Exchange of Hong Kong Limited, (excluding IPO subscriptions) or SSE securities listed on Shanghai Stock Exchange); and/or
        2. FX linked deposit transaction; and/or
        3. Foreign Exchange; and/or
        4. Mutual Fund Subscription transaction
        Summary Chart:
        Requirement to enjoy Bonus Interest Rate Offer Monthly Average Balance in the Designated HKD Payroll Account
        Eligible Payroll Transaction Maintained PREMIER SELECT/ PREMIER BANKING status Completed Designated Transaction with aggregate transaction amount of HKD 30,000 or above through Online Banking HKD10,000 – HKD100,000 HKD100,000 above – HKD500,000 HKD500,000 above – HKD1,000,000
        Special Interest Rate 0.10%p.a. 0.20%p.a. 0.50%p.a.
        Premier Interest Rate 0.10%p.a. 0.80%p.a. 2.00%p.a.
        Remarks: The Bonus Interest Rate Offer only applicable to the deposit balance between HKD10,000 and HKD1,000,000 in the Designated HKD Payroll Account. The Special Interest Rate and Premier Interest Rate are for reference only and is not guaranteed. The interest rate is subject to review according to changes in market conditions from time to time, the Bank reserves the right to change the interest rate at any time. Please contact our staff for details.

        Example: Assume that Eligible Customer enrolled the Payroll Service on April 13, 2017, Eligible Customer may be eligible to the Bonus Interest Rate Offer during April 1, 2017 to September 30, 2017 if fulfilled requirements stated above.
    2. Eligible Customer cannot enjoy the Special Interest Rate and Premier Interest Rate at the same time.
    3. The Bonus Interest Rate Offer is only applicable to Designated HKD Payroll Account, it is not applicable to Smart Kid Savings Account, PREMIER Savings Account, Value-Added Mortgage Linked Checking Account, HKD/USD Current Account with Special Interest and High Yield Checking Account for Commercial Package Service Customers.
    4. The Monthly Average Balance refers to the average balance calculated from the daily account balance of the Designated HKD Payroll Account (“Monthly Average Balance”). The Bank reserves the right to calculate the Monthly Average Balance based on the Bank’s system record, in case of any dispute, the Bank’s decision shall be final and binding.
    5. The Bonus Interest Rate Offer is calculated based on the Monthly Average Balance in the Designated HKD Payroll Account in each calendar month.
    6. If the relevant Designated Transaction are executed or calculated in foreign currency, the Bank will adopt appropriate exchange rate on the transaction date or the date of converting the transaction amount of the relevant Designated Transaction from the foreign currency to HKD equivalent. The Designated Transactions are bound by relevant terms and conditions; please contact our staff for details.
    7. If Eligible Customer is entitled to the Bonus Interest Rate Offer in conjunction with other promotions (including but limited to Usage and Balance Offer of Promotion for New Customer and New Packaged Banking Customer, Savings / Checking Account Promotion Program and Securities Trading Promotion), the Eligible Customer is only entitled to the offer that is of the highest value. The decision of the Bank shall be final and binding.
    8. The Bonus Interest which accrued during the Bonus Interest Month will be credited to the Eligible Customer’s Designated HKD Payroll Account directly, please refer to the Clause 8.1(b) above for the fulfillment schedule. The Eligible Customer must also fulfill the conditions of the Program, must be a valid Payroll Service customer and maintain a valid Payroll Service account at the time of crediting cash reward.
    8.4 Direct Debit Authorization Offer (“DDA Offer”)
    1. Eligible Customer successfully set up new Direct Debit Authorization Payment Service (“DDA”) (only applicable to the DDA in HKD) with the Bank’s account during the Promotion Period and fulfill below conditions can enjoy HKD100 cash reward of DDA Offer.
      1. Set up DDA for the payment of designated public utilities or government bills or telecommunication services by the Bank’s account through branches (excluding those submitted through merchants); or set up DDA for the payment of principle Credit Card of the Bank by the Bank’s account ("Eligible DDA Transaction"); and
      2. Complete at least 1 Eligible DDA Transaction successfully within 3 months after the set up of DDA.
    2. Enjoy HKD100 cash reward for each successful DDA set up and each Eligible Customer can enjoy maximum amount of HKD200 cash reward during the Promotion Period.
    3. If Eligible Customer enjoy the Direct Debit Authorization offer of Promotion for New Customer and New Packaged Banking Customer, this DDA Offer is not applicable to Eligible Customer.
    4. Cash reward of DDA Offer will be credited to the Eligible Customer’s Designated HKD Payroll Account directly, please refer to the Clause 8.1(b) above for the fulfillment schedule. The Eligible Customer must also fulfill the conditions of the Program, must be a valid Payroll Service customer, maintain a valid Payroll Service account and valid DDA at the time if crediting cash reward.
    8.5 Credit Card Application Offer (“Credit Card Offer”)
    1. Eligible Customer who applies any principal Credit Card issued by China Construction Bank (Asia) (“Credit Card”) during the Promotion Period, and provides all necessary documents for application, can enjoy HKD100 cash reward.
    2. This offer is only applicable to customer who has not held any Credit Card with the Bank in the past 6 months before applying the Credit Card. Regardless of the number of times the Credit Card application can only be enjoyed once this offer.
    3. If Eligible Customer enjoyed the Credit Card Offer of Promotion for New Customer and New Packaged Banking Customer/ Account Opening Gift under Welcome Gifts of eye Credit Card and CCB (Asia) Octopus UnionPay Dual Currency Credit Card Program, Eligible Customer cannot enjoy this Credit Card Offer.
    4. Cash reward of Credit Card Offer will be credited to the Eligible Customer’s Designated HKD Payroll Account directly, please refer to the Clause 8.1(b) above for the fulfillment schedule. The Eligible Customer must also fulfill the conditions of the Program, must be a valid Payroll Service customer, maintain a valid Payroll Service account and valid Credit Card at the time if crediting cash reward.
 
  Risk Disclosure
Investment involves risks. The prices of investment products fluctuate, sometimes dramatically, and may become valueless. Investors should not invest based on this webpage alone. Before making any investment decision, customers must consult their own independent financial advisors and read the relevant offering documents for further details including the risk factors in order to ensure that they fully understand the risks associated with the investment products.

Securities trading
It is as likely that losses will be incurred rather than profits made as a result of buying and selling securities.

Securities Margin Trading
If a client maintains a margin account with the Bank, the risk of loss in financing a transaction by deposit of collateral is significant. The client may sustain losses in excess of the client’s cash and any other assets deposited as collateral with the Bank. Market conditions may make it impossible to execute contingent orders, such as “stop-loss” or “stop-limit” orders. The client may be called upon at short notice to make additional margin deposits or interest payment. If the required margin deposits or interest payments are not made within the prescribed time, the client’s securities collateral may be liquidated without the client’s consent. Moreover, the client will remain liable for any resulting deficit in the client’s account and interest charged on the client’s account. The client should therefore carefully consider whether such a financing arrangement is suitable in light of the client’s own financial position and investment objectives.

Shanghai-Hong Kong Stock Connect
Shanghai-Hong Kong Stock Connect is not covered by Hong Kong’s Investor Compensation Fund. It involves risks of quotas used up, difference in trading day, restrictions on selling imposed by front-end monitoring, recalling of eligible stocks, and mainland market risks.

RMB currency risk
RMB is subject to the PRC government's control (for example, exchange restrictions). Besides, there is no guarantee that RMB will not depreciate. If customers convert Hong Kong Dollar or any other currency into RMB so as to invest in RMB denominated investment products and subsequently convert the RMB redemption proceeds back into Hong Kong Dollar or any other currency, you may suffer a loss if RMB depreciates against Hong Kong Dollar or other currency.

Online Investment Trading Services
Due to unpredictable network traffic congestion and other reasons, the Internet and other electronic media may not be reliable media of communication and transactions conducted over the Internet and via other electronic media are subject to: (i) possible failure or delay in the transmission and receipt of instructions for any or all transactions in investment products or other information, and (ii) possible failure or delay of execution or execution at prices different from those prevailing at the time when your instructions were given. There are risks associated with the online investment trading system, including the failure of hardware and/or software, and the result of any such system failure may be that your orders are either not executed according to your instructions or are not executed at all. There are risks of interruption, distortion, omission, blackout or interception during the transmission of instructions for any or all transactions in investment products, as well as of any misunderstanding or errors in communication.

Initial Public Offering
The price of a security may move up or down, and may become valueless. There is a risk that losses may be incurred rather than making profits. You should read the relevant prospectus for detailed information about the proposed offer. You should also obtain independent financial professional advice before making any investment decision. This webpage does not constitute an offer or an invitation or an inducement by the Bank to any person to acquire, purchase or subscribe for the shares proposed to be offered.

Mutual fund investment
The past performance of a mutual fund is not a guide to its future performance and yields are not guaranteed. Customers could lose some or all of the principal amount invested. Funds are not obligations of, or guaranteed by, the Bank or any of its affiliates. The Bank will normally be paid a commission or rebate by the fund manager.

FX linked deposit
FX linked deposit is an unlisted investment product and subject to the credit and insolvency risk of the Bank. Its return is limited to the interest payable, which will be dependent on movements in some linked exchange rate. Whilst the possible return may be higher than conventional time deposits, it is normally associated with higher risks. Exchange rates are affected by a wide range of factors, including international finance, economics, politics, central banks and other bodies intervention and natural events, and may rise or fall rapidly. When the fluctuation of the linked exchange rates differs from what the customer expected, the customer may have to bear the loss. While some FX linked deposit types are principal-protected conditionally, others are not principal-protected. FX linked deposit is not the same as investing in its linked currency. It is not protected by the Investor Compensation Fund. If the FX linked deposit is approved by the Bank to be withdrawn before its maturity, the customer may also need to bear the costs involved which may reduce the return and the principal amount of FX linked deposit he may get back. There is no secondary market for the FX linked deposit and it is not collateralized. The Bank can early terminate FX linked deposit.

Foreign Exchange
Currency exchange rates are affected by a wide range of factors, including national and international financial and economic conditions and political and natural events. The effect of normal market force may at times be countered by intervention by central banks and other bodies. At times, exchange rates, and price linked to such rates, may rise or fall rapidly.

Disclaimer
This webpage does not constitute advice to buy or sell, or an offer with respect to any investment products. This webpage and the FX linked deposits abovementioned are issued by China Construction Bank (Asia) Corporation Limited which is a licensed bank regulated by the Hong Kong Monetary Authority and a Registered Institution (CE No. AAC155) under the Securities and Futures Ordinance to carry on Type 1 (Dealing in Securities) and Type 4 (Advising on Securities) Regulated Activities. This webpage has not been reviewed by any regulatory authorities in Hong Kong.
 
 


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