Terms & Conditions of "Bonus Points Reward Programme"


(A) Bonus Point Accumulation:

  1. PROGRAMME AVAILABILITY - This Programme is available to: Customer (“Customer(s)”) who
    (i) is the principal cardmember of any valid Visa / Mastercard Credit Card (except CCB (Asia) Hong Kong Airlines Fly Away Credit Card and CCB (Asia) Visa Infinite Credit Cards) (“Credit Card(s)”) issued by China Construction Bank (Asia) Corporation Limited (“Bank”, “we”, “us”, or “our”); or
    (ii) maintains PREMIER SELECT / PREMIER BANKING / WISE BANKING service (collectively known as the “Packaged Banking Service”) with the Bank (“Packaged Banking Customer(s)”); or
    (iii) maintains Online Personal Banking Service and holds at least one banking product or service (excluding credit card account) with the Bank (“Online Banking Customer(s)”).
  2. POINT EARNING - Customer will earn bonus point (“Bonus Point(s)”) by using the following banking services (“Services”):
    Products/Services Earn Rate
    Credit Cards 1 Bonus Point for every HKD1 spent on retail purchases and cash advances
    Designated Banking Services Please refer to the Banking Bonus Points Rewards Table (“Banking Bonus Points Table”) published by the Bank from time to time


    Designated Banking Services include the following:
    Categories Designated Banking Services
    General Banking Service • Outward Remittance through Telegraphic Transfer
    • Time Deposit Placement with new funds and deposit tenor of 1 month or above, except time deposit renewals
    • Foreign Currency Trading, applicable to foreign exchange via Customer’s account transfer
    • Online Bill Payment
    • Deposit in Savings / Checking Account
    Investment • Securities Trading (including HKD or RMB denominated stocks) with brokerage commission equal to or higher than 0.18%, except IPO subscription
    • FX Linked Deposit Placement with deposit tenor of 14 days or above, except swap deposit (or other deposit as updated by the Bank by time to time)
    • Currency Switching
    • Structured Notes Subscription
    • Structured Equity-Linked Product Subscription
    • Bond / Certificate of Deposit Secondary Market Trading
    • Mutual Fund Subscription with subscription fee equal to or higher than 1.5%, not applicable to fund switching transactions within the same fund management company
    • FX Option Trading and the transaction will not double count as FX Margin Trading for earning Bonus Points
    • FX Margin Trading, not applicable to rolled-over contracts
    • CNY Non-Deliverable Forward
    • Non-leveraged Collateralized Foreign Exchange Trading
    Life Insurance* Successful application of designated life insurance plans (except investment-linked life insurance plan), including life insurance plans with (i) annual premium (applicable to the first year of the policy) or (ii) single premium / dump in
    General Insurance* Successful application of designated (i) travel insurance plan, (ii) domestic helper insurance plan or (iii) home contents insurance plan, and domestic helper and home contents insurance plans are only applicable to Packaged Banking Customer under this Programme

    * The premium amount of Life Insurance and General Insurance used to determine the amount of Bonus Points earned shall be based on the relevant insurance company(ies)’s record and the Bank takes no responsibility to its accuracy or completeness, and disclaims any liability for any loss arising from or in reliance of such amount. Double Bonus Points (include the basic Bonus Points) will be awarded for the Designated Banking Services used by a Customer during his/her birthday month (“Birthday Double Rewards”). The Birthday Double Rewards are not applicable to transactions in relation to Credit Card.
    In case the Designated Banking Services are conducted through a joint account of which all the account holders are eligible for this Programme, only the account holder with the highest priority based on the below criteria will be entitled to earn the Bonus Points or Double Bonus Points. If there is more than one account holder with the highest priority, only the primary account holder will be entitled to earn the Bonus Points or Double Bonus Points.
    Priority According To Customer Type
    (From highest to lowest)
    (i) PREMIER SELECT BANKING Customer
    (ii) PREMIER BANKING Customer (maintained relationship ≥ 3 years)
    (iii) PREMIER BANKING Customer (maintained relationship < 3 years)
    (iv) WISE BANKING Customer
    (v) Online Banking Customer
  3. ELIGIBLE TRANSACTIONS FOR CREDIT CARD - Only spending on retail purchases and cash advances (including by installment arrangements) by using the Credit Cards will be eligible for Bonus Points. There are no Bonus Points for the following payment types by Credit Cards, including but not limited to, “Cash Out” Installment Program, “FUN Express” Installment Program, settlement of finance charges, late charges, all account service charges, settlement through online personal banking service for insurance loan repayment, tax payment, payment for MPF contribution, or other categories as we may at our sole discretion determine from time to time.
  4. ELIGIBLE TRANSACTIONS FOR DESIGNATED BANKING SERVICES - Packaged Banking Customers will be entitled to earn Bonus Points by using the Designated Banking Services stated in Clause 2 or such other banking services as the Bank may specify from time to time through any channels. Online Banking Customers will be entitled to earn Bonus Points by using the Designated Banking Services through Online Banking or Mobile Banking (if applicable) of the Bank only. Bonus Points will not be awarded for any Designated Banking Services that are subsequently cancelled or reversed.
  5. BONUS POINT CAP ON DESIGNATED TRANSACTIONS OF CREDIT CARD - The total Bonus Points earned for each calendar year (from 1 January to 31 December) (“Calendar Year”) will be capped at 12 times of the permanent combined credit limit (not applicable to temporary increase in credit limit) for transaction(s) of online bill payment(s) and payment(s) to insurance companies which are paid by Credit Card.
  6. BONUS POINT CAP ON ELIGIBLE TRANSACTIONS OF DESIGNATED BANKING SERVICES - The total Bonus Points earned for each Calendar Year (from 1 January to 31 December) will be capped at 12,500,000 of each Customer for eligible transaction of Designated Banking Services.
  7. POSTING OF BONUS POINTS - The Bonus Points will be credited to the bonus point rewards account (“Bonus Points Rewards Account”) of Customers when an eligible transaction is posted on the Credit Card account. For installment loans or interest-free purchase-by-installment transactions, Bonus Points will be credited when an installment is posted on the Credit Card account. Any Bonus Point that credited for ineligible transaction may, without prior notice, be reversed.
    Bonus Points earned through Designated Banking Services will be credited to the Bonus Points Rewards Account of Customers upon meeting the transaction requirements as set out in the Banking Bonus Points Table published by the Bank from time to time.
  8. EXPIRY OF BONUS POINTS - Bonus Points earned are valid for up to 2 years and will be forfeited without notice on the last day of the following calendar year. For example, Bonus Point earned during 1 January, 2018 to 31 December, 2018 will be expired on 31 December, 2019. Bonus Point earned during 1 January, 2019 to 31 December, 2019 will be expired on 31 December, 2020. All Bonus Points earned will be forfeited and cancelled without notice upon termination or cancellation of all the products and services with the Bank. When Bonus Points have been credited to a Bonus Points Rewards Account and there is a subsequent cancellation of account for that Designated Banking Service within 6 months after account opening, the Bonus Points which have been earned will be forfeited and debited from the Bonus Points Rewards Account directly without any notice.
  9. NO CONSOLIDATION OF BONUS POINTS - Unless otherwise specified, other types of exclusive Bonus Points earned from other credit cards, including but not limited to, UnionPay Dual Currency Credit Card, CCB (Asia) Visa Infinite Card and CCB (Asia) Hong Kong Airlines Fly Away Credit Card cannot be combined with the Bonus Points earned under this Programme.


(B) Bonus Points Redemption

  1. REDEMPTION - Applications for gift redemption/cash rebate redemption/voucher redemption/purchase requests (“Redemption(s)”) may only be made by Customers. Redemptions are only accepted if we consider that the relevant products/services are still available.
  2. USE OF BONUS POINTS - The Bonus Points required for Redemption will be deducted from the Bonus Points Rewards Account. If cash is required for Redemption, Customer must appoint a Credit Card account which is relevant to the Bonus Points Rewards Account to pay the cash amount. All transaction details will be set out in the subsequent monthly statement of the relevant Credit Card account.
  3. INSUFFICIENT BONUS POINTS - Any Redemption with insufficient Bonus Points will be automatically rejected. However, for Redemption request of multiple items submitted by the same physical form, if the Bonus Points are not enough to redeem all the items, we will process the Redemption following the listed order.
  4. CASH REBATE REDEMPTION - Successfully redeemed cash rebate will be credited to the Credit Card account upon deduction of the applicable Bonus Points. The cash rebate details will be shown in the Customer’s subsequent monthly statement of the relevant Credit Card account.
  5. FORFEITURE OF BONUS POINTS - Any fraud or abuse committed in relation to the Programme may result in the forfeiture of any accrued Bonus Points.
  6. NO CHANGE AFTER REDEMPTION SUBMITTED - Redemption cannot be changed or withdrawn once submitted. Customers are required to redeem the rewards by Bonus Points according the procedures as prescribed by the Bank (or as notified to the Customers by the Bank from time to time). In case of unsuccessful Redemption, any deducted Bonus Points, cash amount (if applicable) and redemption fee (if applicable) will be refunded to your credit card account accordingly.
  7. RESTRICTIONS - All Redemptions are subject to availability of the redeemed item/offer, and will be accepted on a first-come-first-served basis. We may substitute other items/offers of similar value in case of non-availability. We will not provide notice of non-availability or substitution or any change in Redemption and/or Bonus Points requirements. Items/offers and any vouchers being redeemed/ purchased are not exchangeable for cash. No free trial or return service will be offered in relation to any item/offer redeemed under this Programme.
  8. ISSUE OF REDEMPTION LETTER/VOUCHERS ETC - Unless otherwise specified, redemption letter/voucher/notification will be mailed to the Customer’s correspondence address approximately 4 to 6 weeks from our receipt of a successful Redemption. Customer shall contact our Customer Services Hotline at 317 95533 if he/she fails to receive the redemption letters or vouchers within such period.


(C) Terms & Conditions for all Vouchers Redemption (“Voucher Redemption”)

  1. Vouchers redeemed under this Programme (“Voucher(s)”) cannot be used in conjunction with any other promotional or VIP offers, unless otherwise specified by the Voucher issuers.
  2. Vouchers are not redeemable for cash.
  3. Use of the Vouchers will be subject to the terms and conditions imposed by the Voucher issuers.
  4. Except for Vouchers with stored-value nature, each Voucher can only be used once.
  5. Vouchers will only be valid with the issuers’ authorized signature and/or company chop. Photocopies of Vouchers or defaced or mutilated or damaged Vouchers will not be accepted.
  6. Vouchers must be presented to the relevant Voucher issuer before placing an order or settling payment.
  7. Neither we nor the Voucher issuers will be responsible for any loss or damage of any Voucher.
  8. All matters or disputes in relation to the use of the Voucher will be resolved directly with Voucher issuer and subject to Voucher issuer final decision (or, as we determine, the Voucher issuers).


(D) Terms and Conditions of Asia Miles Redemption (“Asia Miles Redemption”) :

  1. REDEMPTION - Asia Mile Redemption is only available to Customer with a Visa or Mastercard Platinum Credit Card (except CCB (Asia) Hong Kong Airlines Fly Away Credit Card) (“Platinum Card(s)”) issued by the Bank. Customer shall have a valid membership of Asia Miles.
  2. ASIA MILES REDEMPTION - Customer can redeem 1 Asia MilesTM by 15 Bonus Points and there is no minimum redeemed Asia Miles. Customer is required to pay redemption fee.
  3. REDEMPTION FEE - The redemption fee for the first 10,000 miles of each Asia Miles Redemption is HKD100, and HKD50 for every additional 5,000 miles (HKD50 will be charged for less than 5,000 miles) of the same Asia Miles Redemption. The maximum redemption fee for a single redemption is HKD300. Customer must appoint a Platinum Card account which is relevant to the Bonus Points Rewards Account to pay the redemption fee.
  4. MILES CREDITING - Upon receipt of Asia Miles Redemption request, the Bank will forward the request to Asia Miles Limited for processing. Asia Miles will be credited to your Asia Miles account within 4 to 6 weeks from the day of receiving the Asia Mile Redemption request.
  5. NOTIFICATION OF REDEMPTION RESULT - Unless otherwise specified, a notification letter for the redemption result will be mailed to the Customer’s correspondence address.


(E) General Terms & Conditions

  1. DISCLAIMERS - We will not replace, and have no liability, if any redemption letter or voucher is lost or damaged for any reason. The validity and use of any redeemed item/gift/prize under this Programme is subject to the relevant usage instructions and terms and conditions imposed by the relevant suppliers. We shall not act as, or assume any liability of, a product/service supplier or agent of any such suppliers. Any claim, complaint, or dispute in connection with any redeemed item/gift/prize shall be addressed to and resolved directly with the relevant suppliers, which shall in no way relieve such Customer from his/ her payment and other obligations to us. We provide no warranty for any redeemed item/gift/prize. Any available warranty shall be subject to the terms and conditions set by the relevant suppliers.
  2. FINAL DECISION - We may modify, terminate or withdraw this Programme at any time and have the final decision at our discretion in all matters and disputes in relation to the Programme. We may vary these terms and conditions without prior notice. We shall not be responsible or liable for any claims or liability in relation to use of this Programme by any Customer or other person.
  3. CARDMEMBER AGREEMENT & TERMS AND CONDITIONS APPLY - All terms and conditions of the CCB (Asia) Credit Card Cardmember Agreement, the CCB (Asia) Credit Card Fee Schedule, the Terms and Conditions for Accounts and Related Services (For Individuals) , the Terms and Conditions for China Construction Bank (Asia) PREMIER SELECT / PREMIER BANKING / WISE BANKING Service and Schedule of Service Fees (whichever applicable) apply to this Programme and shall prevail in case of any conflict or inconsistency with these terms and conditions.
  4. ENGLISH VERSION PREVAILS - In case of any inconsistency between the English and Chinese versions of these terms and conditions, the English version shall prevail.