Terms & Conditions of Welcome Offer
  1. To enjoy the Welcome Offer, applicant must successfully applied for McMug and McDull Credit Card on or before 31 January 2009 and fulfilled the spending requirement within designated period. Welcome Offer is only applicable to Principal Cardholders. Each new Principal Cardholder can enjoy the Welcome Gift only ONCE regardless of the number of McMug and McDull Credit Card applied.
  2. For the Principal Cardholders of McMug and McDull Credit Card who accumulated retail purchase or cash advance of HK$2,800 or above within the first 2 months from card issuance, they are entitled to a McMug and McDull Cushion Blanket or a McMug and McDull Plush Set. The retail spending and cash advance of Supplementary Cardholder will be combined with the Principal Cardholder’s account. Welcome Offer is not applicable to those who has ever held/cancelled McMug and McDull Principal Credit Card in past 12 months.
  3. The gift redemption letter will be sent to the Principal Cardholder within 1 month upon fulfilling the spending requirement and the card account must be valid and in good standing. The accumulated spending amount includes retail spending amount, cash advance amount, "Jetso Installment" amount, "Cash-in Plan", balance transfer amount, bill payment, tax payment, interest-free installment, Octopus AAVS Amount, excludes bank handling fees (annual fees, financial charges, late fees and cash advance handling fee), casino transaction, unposted / cancelled / refunded and all unauthorized transactions.
  4. Welcome Offer is on a first-come-first serve basis while stocks last and cannot be exchanged for cash. In the event that the gift item is out of stock, MEVAS Bank (the “Bank”) reserves the right to substitute the welcome gift with another offer.
  5. All welcome gifts shall be redeemed with the original redemption letter within the designated redemption period, it will be forfeited upon expiry.
  6. The Bank does not warrant on the quality and quantity of the products provided by the participating merchants and will not accept any liability in relation thereto. The Bank and the participating merchants reserve the final right to amend these terms and conditions or terminate the promotion at any time without prior notice.
  7. If Principal Cardholder cancels his/her new McMug and McDull Credit Card within 13 months of card-issuance date, the Bank reserves the right to debit a handling fee of HK$300 to the relevant Principal Card Account without prior notice.
 
Remarks:
  1. A. McDull Personalized Octopus is only applicable to applicants who are not using Octopus Automatic Add Value Service (“AAVS”) in MEVAS Bank.
    B. McDull Personalized Octopus and HK$10 pre-loaded value are only applicable to principal applicants who successfully applied for McMug and McDull Credit Card and McDull Personalized Octopus and enrolled for AAVS on or before 31 January 2009. No late application will be accepted.
    C. If the McDull Personalized Octopus is lost or malfunctions, no replacement card will be issued.
    D. McDull Personalized Octopus is not applicable to other members using “Happy Family” AAVS. Maximum one automatic add value transaction will be made each day.
  2. Spending eligible for Bonus Point Scheme includes retail transactions and Octopus AAVS amount only, excluding cash advance, “Jetso Installment amount”, “Cash In Plan” amount, Balance Transfer amount, bill payment amount, Interest-free Installment transaction, bank handling fees (annual fee, financial charges, late charges and cash advance handling charges), casino transaction, unposted / cancelled transactions/transactions eventually returned and all unauthorized transactions.
  3. To enjoy the offers, Cardholder must present McMug and McDull Credit Card upon purchase and settle the payment with the Card. The Bank does not warrant on the quality and quantity of the products and will not accept any liability in relation thereto.
  4. “Cash-in Plan": This plan is only applicable to Principal Credit Cardholders (excluding Supplementary Cardholders and Debit Cardholders). No bonus point will be awarded for this Plan. The bank will debit a percentage of the approved amount for the monthly handling fee. Please refer to the promotional leaflet for the updated handling fee. "Cash-in Plan" is only applicable to local personal bank account holder and is not applicable to joint accounts.
  5. "Jetso Installment" is only applicable to transaction(s) valued at HK$800 (combined transactions apply) or above. All combined transactions must be made under the same Card account. Cardholders must apply at least 10 working days before payment due date of the transaction(s), as printed on the monthly statement (applications apply to transaction(s) made within recent 2 months) and keep the related sales slip as well as the invoice of related merchants for proof. Please refer to MEVAS Bank website for the updated handling fee and relevant Annualized Percentage Rates (“APR”). No bonus point will be awarded for this Plan. Mevas Bank has the right to accept or reject an installment plan application without the need to provide reasons. In case of any dispute, the decisions of the Bank shall be final. This installment plan shall be subject to the terms and conditions of "Jetso Installment" and the related terms and conditions can be downloaded from www.mevas.com or call 3101 3838 for details.
  6. 6. For online e-banking payment with McMug and McDull Credit Card, a service fee of 1% of the payment amount will be charged (Only applicable to the Pre-registration merchants). No Bonus Point will be awarded for this e-banking services. For information of the merchant list, please visit www.mevas.com.
    • The annual interest rate of both retail transactions and cash advance for McMug and McDull Credit Card are 23.8%. According to the Net Present Value (NPV) Method specified in the Code of Banking Practice, the Annualized Percentage Rates (“APR”) of retail transactions and cash advance are 25.6% and 28.09% respectively.
    • MEVAS Bank reserves the right to make the final decision on the approval of credit card, Balance Transfer, "Cash-in Plan", and "Jetso Installment" Application.
    • MEVAS Bank does not warrant quality of the product or service provided by the participating merchants. The participating merchants shall be solely responsible for all effects and consequences of the products and services.
    • MEVAS Bank and the participating merchants reserve the final right to amend these terms and conditions at any time without prior notice. In case of any disputes, the decision of MEVAS Bank shall be final.

In case of any discrepancy between English and Chinese versions of this Terms and Conditions, the English version shall prevail.