BOCHK Partners with Mastercard to Launch BOC Chill Card
June 28, 2022 | Hong KongLive the young lifestyle and “Chill” your way up to 10 percent cash rebate for leisure, entertainment and green consumption
“The chill way to earn and enjoy! Chill more!”
Bank of China (Hong Kong) (“BOCHK”) and Mastercard today jointly announced the launch of BOC Chill Card – the Bank’s first eco-friendly credit card, aiming to provide young customers who are fond of entertainment, leisure and green consumption with a “Chill” lifestyle. Young customers can enjoy a host of cash rebates and a flexible Pay Later instalment service to suit their lifestyles and spending patterns.
BOC Chill Card provides a 10 percent cash rebate[1] for spending in entertainment, leisure and green categories, and a five percent cash rebate on overseas and online spending, as well as mobile payments. An unlimited 0.4 percent cash rebate is applicable to other retail spending. New customers who successfully applied for the credit card through BOCHK mobile banking and internet banking etc, can also enjoy up to a HK$600 cash rebate.
In addition, customers can choose to Pay Later by repaying the payments in three, six or 12 months[1] for any single transaction of HK$1,000 or above anytime, anywhere. An unlimited Pay Later handling fee rebate for instalment service will be available for the first three months upon card activation. BOC Chill Card also offer global online shopping protection. All online purchases will automatically enjoy up to US$200 (equivalent to about HK$1,500) protection, in the event of incomplete or wrong item delivery, the item is damaged during the delivery process, or non-delivery after 30 days.
To in line with the positioning of BOC Chill Card – “The chill way to earn & enjoy”, the launch ceremony is held in a private clubhouse that oozes an atmosphere of cultural and artistic influences today. Officiating guests included Mr Huang Jinyue, General Manager of BOC Credit Card (International) Ltd; Ms Joanne Lam, Deputy General Manager of BOC Credit Card (International) Ltd; Ms Helena Chen, Managing Director of Mastercard Hong Kong and Macau; and celebrities Miss Ashley Lin and Mr Chris Tong.
Joanne Lam, Deputy General Manager of BOC Credit Card (International) Ltd, said, “BOCHK has always attached great importance to young segment and the introduction of ‘Banking TrendyToo’[4] brand positioning earlier aims to fulfil their needs. Our credit card spending data shows that young segment’s percentage of spending on leisure and entertainment categories is double that of other customer segments. Online and mobile payments of young customers accounted for over 70 percent of their total number of transactions. In addition, our recent survey findings shed lights on the growing importance of pursuing a green lifestyle and work life balance for most youngsters. The new BOC Chill Card jointly introduced with Mastercard is designed to meet the needs of youths by offering cash rebates as its highlight. Discounts and rewards are also offered covering their daily spending scenarios from cinemas, online streaming video entertainment platforms, to coffee shops and green merchants etc. The additional ‘Pay Later’ instalment service will suit the lifestyle and flexible spending pattern of youngsters by allowing them to take control of their finances.”
Helena Chen, Managing Director, Hong Kong and Macau of Mastercard, said, “Mastercard has been actively innovating to develop a wide range of digital payment options that meet consumers' needs for a convenient and secure payment experience. Mastercard is pleased to collaborate with BOCHK to launch the ‘BOC Chill Mastercard Card’, allowing young consumers to benefit from more privileges while enjoying films and entertainment or online shopping. The new card features Mastercard E-Commerce Protection, offering cardholders a worry-free online shopping experience, as they can get compensated if their items are damaged or lost. The credit card is also made with sustainable materials, reinforcing Mastercard’s commitment to protecting the planet.”
Up to 10 percent cash rebate on entertainment, leisure and green spending
BOC Chill Card cardholders can enjoy a 10 percent cash rebate on merchant spending[2], which covers three chill categories, including a variety of entertainment platforms: Apple TV / Music, App Store, cinemas in Hong Kong, Disney+, Google Play, JOOX, KK Box, MOOV, Netflix, Nintendo, PlayStation, Spotify and YouTube. The lifestyle category covers BigBig shop, city' super, Cupping Room, eCup, Godiva, HKTaxi, Home+, LOG-ON, Neigbuy, On-The-List, Pacific Coffee, Starbucks, The Coffee Academics, Urban Coffee Roaster, YATA and Ztore; as well as green merchants such as Green Common, iHerb, Live Zero, Pure Yoga and Slowood.
For young customers who love music, BOC Credit Card exclusively presents “JW X Gigi Yim online concert”. BOC Chill Card cardholders can register in advance and redeem the concert pass free of charge[3].
For customers who are interested in applying for the BOC Chill Card, please visit www.bochk.com/s/a/chill.
[1] Terms and Conditions are applicable to the above offers and services.
[2] Merchant names are arranged in alphabetical order.
[3] Eligible customer can redeem a free online concert pass upon spending designated amount each month during the promotion period. Details of online concert, terms and conditions will be announced on BOCHK website later.
[4] For details of Banking TrendyToo, please visit https://www.bochk.com/dam/more/trendytoo/landing_en.html
Reminder: To borrow or not to borrow? Borrow only if you can repay!
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About Bank of China (Hong Kong) Limited
Bank of China (Hong Kong) Limited (“BOCHK”) is committed to pursuing its strategic goal to “Build a First-class Regional Banking Group” and promoting sustainable and high-quality development. Capitalising on its advantages as a major commercial banking group in Hong Kong, BOCHK continues to increase local market penetration, captures business opportunities in the Greater Bay Area and actively expands its business development in Southeast Asia. We strive to provide customers with comprehensive, professional and high-quality services. Entering a new era of smart banking, we endeavour to become a customer-centric digital bank by enhancing customer experience with innovative technology and offering intelligent products and services.
As one of the three note-issuing banks and the sole clearing bank for Renminbi (“RMB”) business in Hong Kong, BOCHK has strong market positions in all major businesses. Our strong RMB franchise has made us the first choice for customers in RMB business. We have the most extensive branch network and diverse service platforms in Hong Kong, as well as efficient e-channels such as Internet and Mobile Banking services. We offer a comprehensive range of financial, investment and wealth management services to personal, corporate and institutional customers.
We are actively pushing forward our regional development and expanding our business in the Southeast Asian region. With our branches and subsidiaries in Thailand, Malaysia, Vietnam, the Philippines, Indonesia, Cambodia, Laos, Brunei and Myanmar, we support customers in the region with professional and high-quality financial services. Through close cooperation with our parent bank Bank of China, we provide a full range of high-quality cross-border services to multinationals, cross-border customers, mainland enterprises going global, central banks and super-sovereign organisations.
As a leading commercial and internationalised regional bank with deep roots in Hong Kong for over 100 years, BOCHK upholds its mission of “Bridge China and the World for the Common Good”. We are committed to undertaking our corporate social responsibilities, promoting long-term and balanced sustainable development, and delivering greater value for our stakeholders and the community.
BOC Hong Kong (Holdings) Limited is one of the largest listed companies on the Main Board of the Stock Exchange of Hong Kong, with stock code “2388” and ADR OTC Symbol “BHKLY”.
About Mastercard (NYSE: MA) www.mastercard.com
Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. Our decency quotient, or DQ, drives our culture and everything we do inside and outside of our company. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.
