1.These terms apply to the Promotion offered by Mox Bank Limited (“Mox”, “we”, “us” or “our”). By participating in the Promotion, you agree to these terms.

2.You must read these terms along with Mox’s Personal Information Collection Statement, Privacy Policy Statement, General Terms and Conditions (each of which can be found in the Mox app and/or on our website) and any other terms we may provide to you, which continue to apply to your relationship with us and your use of our products and services. If there is any inconsistency between these terms and any of our other terms, these terms will prevail.

3.Unless defined in these terms or the context requires otherwise, capitalised terms have the meanings given to them in our General Terms and Conditions.

4.If you:

(a)during the Promotion Period, use the Invitation Code to open a Mox Account;

(b)during the period beginning on and from the day you use the Invitation Code and the following 15 days, complete the Mox Account opening process (you will have ‘completed’ the Mox Account opening process once you have received a welcome notification from Mox (the day on which you receive your welcome notification, your “Joining Day”));

(c)during the period beginning on and from the day you use the Invitation Code and the following 30 days, complete the Mox Credit application process (you will have ‘completed’ the Mox Credit application process once you have received a Mox Credit approval notification from Mox (the day on which you receive your approval notification, your “Approval Day”)) (“Onboarding Requirement”),

subject to these terms, you will receive the Welcome Reward, which we will deposit into your Mox Account on or before 1 May 2024.

5.In addition to clause 4 of these terms, if you, during the period beginning on and from your Approval Day and the following 30 days, spend at least HKD800 on one or more ‘Eligible Transaction(s)’ with Mox Credit (“Spending Requirement”), subject to these terms, you will receive the Spending Reward, which we will deposit into your Mox Account on or before 30 June 2024.

6.You can only participate in the Promotion once. You can only receive the Welcome Reward once. You can only receive the Spending Reward once.

7.The use of the Invitation Code is subject to a quota of 10,000 uses. The Promotion Period will end on the earlier of the last day of that period and the day on which the Invitation Code has been used 10,000 times. The use of the Invitation Code is on a first come, first served basis (as determined by us in our absolute discretion). We will not update you on the quota usage or its continued availability.

8.We will determine whether an Eligible Transaction has occurred based on transaction records held by us (which are final and conclusive in case of any discrepancy).

9.You will receive the reward, gift or any other benefit in respect of the Promotion, only if:

(a)you have not held a Mox Account in your name at any time in the 12-month prior to your Joining Day. You are considered to have held a Mox Account even if you haven’t completed any transactions on your prior Mox Account;

(b)when we attempt to give you the reward, gift or other benefit, the Mox Account that you opened using the Invitation Code and your Mox Credit account that was approved and opened in connection with the Promotion each remain open and have not been suspended or closed and are not in arrears or default; and

(c)you satisfy any additional requirements we may specify from time to time.

10.We reserve the right, at any time, without notice or reason and in our sole and absolute discretion, to:

(a)change or modify the Promotion or these terms (including any dates set out in these terms or any reward, gift or benefit in respect of the Promotion and/or its respective monetary value);

(b)suspend or terminate the Promotion or these terms;

(c)refuse to give you any reward, gift or other benefit in respect of the Promotion:

(i)if we believe your Mox Account has been opened for an improper purpose (for example, to secure multiple rewards, gifts or other benefits by closing and opening one or more Mox Accounts); or

(ii)for any other reason we deem appropriate; and

(d)make any decision in connection with the Promotion (including to refuse or suspend your participation in the Promotion or determine whether the Promotion can or cannot be combined with any other offer or promotion).

Any such decision shall be conclusive and binding on you.

11.If you received any reward, gift or other benefit in respect of the Promotion and you subsequently close your Mox Account within 12 months of when you opened it, we have the right to deduct an amount equal to the total value of the reward, gift or other benefit from your Mox Account prior to us completing the closure of your Mox Account.

12.If any dispute arises in connection with the Promotion, our decision is final.

13.To the extent permitted by laws and regulations:

(a)Mox and its affiliates and shareholders shall not be responsible for any loss or damages suffered by you; and

(b)you shall release Mox and its affiliates and shareholders from all actions, proceedings and claims which may be brought against Mox or its affiliates or shareholders,

arising from or in connection with your participation in the Promotion (including any decision not to give you, or your failure to receive, any reward, gift or other benefit) or these terms, unless any such loss, damages, action, proceeding or claim is due to Mox’s or its affiliates’ or shareholders’ negligence, fraud or wilful default and only to the extent such loss, damages, action, proceeding or claim is reasonably foreseeable and has arisen directly and solely from such negligence, fraud or wilful default.

This clause 13 continues after the expiry or termination of the Promotion or these terms.

14.You acknowledge that third parties (including our direct or indirect shareholders) may provide us with payments (such as subsidies) and other benefits or advantages in connection with the Promotion. The nature, amount and method of calculating any such benefits or advantages may vary from time to time. We are entitled to retain any such benefits or advantages for our own account and benefit, absolutely, without having to make any prior disclosure to you.

15.You acknowledge that third parties may receive remuneration, commission, rebates or other payments, benefits or advantages from us directly or indirectly in connection with the Promotion. The nature, amount and method of calculating any Benefit may vary at any time and such third parties are entitled to retain any such benefit or advantages for its own account and benefit absolutely without having to make any prior disclosure to you.

16.The Promotion does not constitute any offer, invitation or recommendation to any person to enter into any transaction.

17.Neither your participation in the Promotion, nor your eligibility to receive any reward, gift or other benefit in respect of the Promotion may be transferred or assigned to any other person or exchanged or converted into any other benefit or right.

18.Nothing under these terms or the Promotion will deem, imply or suggest that a person or entity is acting as our agent or representative or otherwise soliciting business on our behalf.

19.A person who is not a party to these terms has no right to enforce or enjoy the benefit of any of these terms pursuant to the Contracts (Rights of Third Parties) Ordinance (Cap. 623), other than as set out in these terms.

20.These terms are governed in all respects by and construed in accordance with the laws of the Hong Kong Special Administrative Region of the People’s Republic of China. The parties submit to the exclusive jurisdiction of the courts of the Hong Kong Special Administrative Region of the People’s Republic of China.

21.The English version prevails if there is any inconsistency between the English and Chinese versions of these terms.

22.To borrow or not to borrow? Borrow only if you can repay!

23.Definitions

The following capitalised terms have the meanings set out below:

(a)“Approval Day” has the meaning given in clause 4(c) of these terms.

(b)“Eligible Transaction(s)” means transactions for the purchase of goods or services, as determined by Mox (in its sole and absolute discretion) to be eligible to contribute towards the Spending Requirement. Without limiting the above:

(i)for a transaction to be an Eligible Transaction and contribute towards the Spending Requirement, the transaction must have been settled by the merchant (i.e. appear as ‘completed’ in the Mox app) on or before 15 June 2024; and 

(ii)transactions that are ineligible for CashBack are not Eligible Transaction(s) (see clause 8.5(b) of Schedule 1 (Terms and Conditions for Accounts and Card Management) to the General Terms and Conditions for transactions that are ineligible for CashBack, which include e-wallet top-ups such as transactions conducted through WeChat Pay and Octopus top-ups using Apple Pay).

(c)“Invitation Code” means ‘MOX1028’.

(d)“Joining Day” has the meaning given in clause 4(b) of these terms.

(e)“Onboarding Requirement” has the meaning given in clause 4(c) of these terms.

(f)“Promotion Period” means, subject to clause 6 of these terms, the period beginning on 16 January 2024 and ending on 31 March 2024 (both dates inclusive).

(g)“Spending Requirement” has the meaning given in clause 5 of these terms.

(h)“Spending Reward” means a cash reward of HKD800.

(i)“Welcome Reward” means a cash reward of HKD228.

Last updated: 16 January 2024