CoDeco Renovation Platform

Home Renovation with Ease
Enjoy Extra Bonus Points
& HKD 1,200 Cash Coupons

CCB (Asia) Credit CardPrivileges all your way
CCB (Asia) Credit Card(s) and CoDeco brings you an easy way to build your ideal home. From now until August 31, 2020, CCB (Asia) Credit Card Cardmembers can enjoy Up to Extra 80,000 Bonus Points & HKD1,200 CoCoMall cash coupons through the "CoDeco Renovation Service Platform" for your home renovation project(s).

Offer 1

Pay the first deposit payment with your CCB (Asia) Credit Card to earn Extra Bonus Points.
First payment Amount (HKD) Extra Bonus Points earned
30,000 or above 40,000 Bonus Points
50,000 or above 80,000 Bonus Points

Offer 2

Enjoy a monthly flat interest rate of 0.15% for our Credit Card Renovation Installment Plan
Number of tenors 12 months 24 months 36 months
Monthly Flat Rate 0.15%
APR 3.36% 3.47% 3.50%

Offer 3

Enjoy up to HKD1,200 CoCo Mall Decoration Materials Cash Coupons when you settle the renovation project by installments with your CCB (Asia) Credit Card.
Installment Amount (HKD) CoCoMall Decoration Materials (HKD)
100,000 - 199,999 400
200,000 - 299,999 800
300,000 or above 1,200

Example

Total Renovation Cost: HKD180,000
Pay the initial deposit with your CCB (Asia) Credit Card : HKD60,000 and earn 60,000 Bonus Points + 80,000 Extra Bonus Points at the same time!
Settle the outstanding HKD120,000 renovation fee in 12x monthly installments.
Total Installment Amount Monthly Interest Monthly Repayment Amount
HKD120,000 HKD180 HKD10,180
Receive an Extra CoCoMall Decoration Material Cash Coupon worth HKD400
"CoDeco Renovation Service Platform"
Notes for offer 2:
  1. APR of Credit Card Renovation Installment Plan from minimum 3.36% to maximum 3.50% with repayment period from 12/24/36 months. For Total Installment Amount of HKD120,000 with 12 months repayment period, the monthly flat rate is 0.15% (APR 3.36%), and the Monthly Repayment Amount is HKD10,180. The above example is for reference only.
  2. Minimum Spending Amount required is HKD1,000.
  3. Our APR is calculated according to the standard of Hong Kong Association of Banks, and is rounded to the nearest two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the of the product expressed as an annualized rate.
Notes for offer 3:
  1. CoCoMall Technology Limited ("CoCoMall") is a wholly owned subsidiary of CoDeco Technology Limited.
  2. HKD400 coupon is only applicable for purchasing of CoCoMall decoration materials for HKD2,000 or above; HKD800 coupon is only applicable for purchasing of CoCoMall decoration materials for HKD4,000 or above; HKD1,200 coupon is only applicable for purchasing of CoCoMall decoration materials for HKD6,000 or above.
Offers and services are subject to terms and conditions.
Click here for Key Facts Statement (KFS) of the "CCB (Asia) Credit Card Renovation Installment Plan"
Disclaimer
We are an authorized institution under the Banking Ordinance, licensed for Type 1 and Type 4 regulated activity under the Securities and Futures Ordinance and an approved insurance agent under the Insurance Companies Ordinance. This material is directed to residents in Hong Kong only, and is not intended for distribution to, or use by, any person outside Hong Kong. This material is not an offer, invitation or inducement to buy or sell any investment or insurance products. This material does not constitute any prediction of likely future movements in prices of any investment products. You may not share, forward or reproduce this material for business purpose. This material was issued by China Construction Bank (Asia) Corporation Limited, and has not been reviewed by the Securities and Futures Commission or any other regulatory authorities in Hong Kong.
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Terms & Conditions
Terms and Conditions of CCB (Asia) Credit Card Renovation Bonus Point Rewards Program (“Program”):
  1. THE PROGRAM - This Program is only available for principal and supplementary cardmembers (“Cardmember(s)”, “you”) of credit cards (except Business Cards) (“Eligible Cards”) issued by China Construction Bank (Asia) Corporation Limited. The Program promotion period is valid from June 1 to August 31, 2020, both dates inclusive (“Promotion Period”).
  2. REWARD - During promotion period, First deposit payment made with Eligible Cards will receive below extra Bonus Points Rewards (“Rewards”). Rewards will be debited 2 months after transaction posted.
    First payment Amount (HKD) Extra Bonus Points earned
    30,000 or above 40,000 Bonus Points
    50,000 or above 80,000 Bonus Points
  3. ELIGIBILITY - Your eligibility for the Program is subject to our checking on your Card account status and to your Card account(s) remaining valid and in good standing (as determined at our discretion) throughout the Promotion Period and at the time when the extra bonus points are given. Where extra bonus points have been credited to a Card account and there is a subsequent reversal of any transaction(s) in respect of which the rewards were awarded, the Bank reserves the right to debit the rewards that have been credited to the Card account(s).ds that have been credited to the Card account(s).
  4. OUR RECORD PREVAILS - Our records of the extra bonus points that you earn under the Program and all decisions regarding bonus point redemption shall (unless there is an obvious error) be final and binding upon you.
  5. RIGHT TO VARY, ETC. - We reserve the right to vary the Program and/or these Terms and Conditions, or to replace, cancel or withdraw the Program, at our discretion at any time without giving you prior notice.
  6. FINAL DECISION - We retain the final decision in any differences or disputes under the Program, and shall not be responsible or liable for any claims or liability resulting from any Cardmember’s participation in the Program howsoever suffered or incurred.
  7. In case of any inconsistency between English and Chinese versions of these Terms and Conditions, the English version shall prevail.
Terms and Conditions of CCB (Asia) Credit Card Renovation Installment Plan (the “Program”):
  1. ELIGIBILITY – This Program is only available for principal and supplementary Cardmembers (“Cardmember(s)”, “you”) of credit cards (except Business Card) (“Eligible Cards”) issued by China Construction Bank (Asia) Corporation Limited (the “Bank”).
  2. APPROVAL AND NOTIFICATION -
    1. The Bank will at its sole discretion decide whether to approve an application for the Program or not subject to the status of and the available credit limit on a Cardmember’s Card account. The Bank reserves the right to approve or decline an application without giving reasons to the Cardmember.
    2. Upon approval of an application for the Program, the available credit limit on the Cardmember’s Card account will be reduced by the sum of the total installment amount and the total interest (“Total Loan Amount”, round down to the nearest dollar) under the Program. The available credit limit will be restored in accordance with the amount of repayment received by the Bank.
    3. The Bank may at its sole discretion approve a Program with the Total Loan Amount in excess of the available credit limit, unless the Cardmember has refused to accept the overlimit facility of the Card and the Cardmember shall be liable for such Program and the overlimit fee specified in CCB (Asia) Credit Card Fee Schedule.
  3. INTEREST RATE & NUMBER OF INSTALLMENTS - Under the Program, an eligible cardmember (“Cardmember”) can apply 12 monthly installment, 24 monthly installment and 36 monthly installments. The relevant monthly flat rate and the annualized percentage rate (“APR”) are as follows:
    Number of tenors Monthly flat rate APR*
    12 0.15% 3.36%
    24 3.47%
    36 3.50%
    * The APRs are calculated according to the standard of Hong Kong Association of Banks and is rounded to the nearest two decimal places. An APR is a reference rate which includes the basic interest rates and other applicable fees and charges of the product expressed as an annualized rate.
  4. REPAYMENT - The monthly repayment amount will be calculated by dividing the Total Loan Amount (Include Installment Amount and Interest) by total number of installments. The monthly repayment amount will be billed in one-off to a Cardmember’s Card account on a monthly basis. The monthly repayment amount should be repaid in accordance with the CCB (Asia) Credit Card Cardmember Agreement or else any monthly repayment amount due but unpaid will be subject to relevant fees and charges specified in CCB (Asia) Credit Card Fee Schedule.
  5. PROGRAM TERMINATION / EARLY REPAYMENT - If the Program is cancelled or terminated by the Bank for any reason during the loan tenor, the outstanding principal balance and interest under the Program shall become immediately due and payable by the Cardmember. If a Cardmember requests to cancel or terminate the Card or the Program with early full repayment after the application for the Program is approved by the Bank. Cardmember needs to repay all outstanding principal balance and interest together with a HKD250 Installment Plan Early Repayment Handling Fee. A Cardmember may cancel or terminate the Program and/or enquire about the outstanding principal balance by calling the Customer Service Hotline at 317 95533 (for VISA or Mastercard Cardmember) or 317 95568 (for UnionPay Dual Currency Credit Card Cardmember).
  6. SETTLEMENT TO MERCHANT - Once an application for the Program is approved, the Bank is authorized to pay the total installment amount to the merchant under the Program.
  7. RIGHT TO VARY - the Bank has the right to amend, withhold or terminate the Program without prior notice.
  8. MISCELLEAOUS -
    1. The Bank shall not be responsible for any cost and/or loss incurred due to its decision to decline an application.
    2. The Bank shall not be responsible for any matters in relation to the goods/services purchased from a merchant under the Program. Cardmembers are responsible for resolving all disputes directly with the merchant. Cardmembers’ obligations under the Program including but not limited to paying the monthly repayment amount will not be affected under any circumstances.
    3. The terms of the Program cannot be altered or changed by Cardmembers.
    4. Should there be any dispute on the Program, the Bank’s decision shall be final.
    5. The CCB (Asia) Credit Card Cardmember Agreement applies to the Program. In the event of any inconsistency between the CCB (Asia) Credit Card Cardmember Agreement and these Terms and Conditions, the latter shall prevail.
    6. No person other than the parties to this Program will have any right under the Contracts (Right of Third Parties) Ordinance (Chapter 623 of the Laws of Hong Kong) to enforce or enjoy the benefit of any provisions of this Program. Application of the Contracts (Rights of Third Parties) Ordinance (Chapter 623 of the Laws of Hong Kong ) is hereby expressly excluded.
    7. In the event of any inconsistency between the Chinese and English versions of these Terms and Conditions, the English version shall prevail.
Terms and Conditions of the Decoration Material Cash Coupon (“Coupon Offer”):
  1. Eligible Customers who successfully apply for Instalment Loan during the Promotion Period with using the decoration service of HKD100,000 total project sum or above provided by Codeco Technology Limited (“Codeco”) can enjoy the standardize monthly flat rate 0.15% and up to HKD1,200 CoCoMall decoration material cash coupon according to the requirements listed below:
    Total Installment Amount (HKD) CoCoMall Decoration Material Cash Coupon (HKD)
    100,000 to 199,999 400
    200,000 to 290,000 800
    300,000 or above 1,200
  2. HKD400 coupon is only applicable for purchasing of CoCoMall decoration materials for HKD2,000 or above; HKD800 coupon is only applicable for purchasing of CoCoMall decoration materials for HKD4,000 or above; HKD1,200 coupon is only applicable for purchasing of CoCoMall decoration materials for HKD6,000 or above.
  3. The Cash Coupon under the Promotion is subject to availability and in any event cannot be exchanged in any way for cash. The Bank shall have the right to offer alternative gift or benefit in substitution of the Cash Coupon. The Bank will not provide notice of non-availability or substitution.
  4. The validity and use of the Cash Coupon under the Promotion shall be subject to the relevant usage instructions and terms and conditions set out by the supplier. The Bank shall not act as, or assume any liability of, a product/service supplier (or its agent). Any claim, complaint, or dispute concerning any Cash Coupon must be referred to and resolved between the relevant supplier and the Eligible Customer, which shall in no way relieve from his / her repayment or other obligations to the Bank.