Annualised Percentage Rate (APR) for Retail Purchase¹
34.69% (0.0877% per day) when you are approved for Mox Credit. It will be reviewed from time to time.
We will not charge you interest if you pay your statement balance in full by the due date each month. Otherwise, interest will be charged on:
(i) the unpaid principal in your statement balance, from the date of the previous statement on a daily basis until payment in full; and
(ii) the amount of each new transaction (entered into since the previous statement date), from the settlement date of that new transaction on a daily basis until payment in full.
APR for Cash Advance¹
37.68% (0.0877% per day) when you are approved for Mox Credit. It will be reviewed from time to time.
Interest will be charged on any unpaid amount of each cash advance (excluding any cash advance fee) from the settlement date of the cash advance on a daily basis until it is repaid in full.
Interest Free Period
Up to 56 days.
Minimum Amount Due²
If your statement balance is less than HKD220, the minimum amount due will be the total statement balance.
Otherwise, the minimum amount due will be the highest of the following two amounts:
(i) 100% of interest, fees and charges; plus (ii) 1% of outstanding principal; plus (iii) the higher of: (A) any amount exceeding your credit limit (excluding interest, fees and charges under (i)); and (B) any overdue amount (as applicable, such as any overdue minimum payments); or
Cash Advance Fee
For each cash advance (including those via the JETCO or Mastercard ATM networks), the highest of the following two amounts:
3% of the amount of the cash advance; or
Cash Withdrawal Fee
HKD0 per cash withdrawal using an approved JETCO ATM in Hong Kong. HKD20 per cash withdrawal using an approved Mastercard ATM in Hong Kong. HKD30 per cash withdrawal using an approved ATM outside Hong Kong. For overseas ATM withdrawals using the JETCO Network, no foreign exchange handling fees will be charged by Mox. The foreign currency will be converted into Hong Kong dollars by the exchange rate imposed by JETCO on the transaction date. For overseas ATM withdrawals using the Mastercard Network, a 1.95% foreign exchange handling fee will be charged by Mox (a 1% fee imposed by Mastercard plus a 0.95% fee imposed by Mox). The foreign currency will be converted into Hong Kong dollars by the exchange rate imposed by Mastercard on the transaction date.
Fees relating to Foreign Currency Transactions on your Mox Card
1.95% of every transaction (including refunds) effected in a currency other than Hong Kong dollars, comprising a 1% fee imposed by Mastercard plus a 0.95% fee imposed by Mox. We call this the “foreign exchange handling fee”.
Late Payment Fee
Rejected Autopay Handling Fee
Fees relating to Settling
Foreign Currency Transactions in Hong Kong Dollars and Transactions Processed Overseas on your Mox Card
If you conduct a Hong Kong dollar transaction (including a refund) on your Mox Card, whether in Hong Kong or overseas, and that transaction is processed overseas because the merchant or acquirer is registered overseas (ie. in a place other than Hong Kong), a 1.95% cross-border access fee will be imposed (comprising a 1% fee imposed by Mastercard plus a 0.95% fee imposed by us). It will be imposed in circumstances where the overseas merchant or acquirer has already converted the transaction into Hong Kong dollars, or you have asked them to do so. The cross-border access fee and foreign exchange handling fee will not be imposed on the same transaction.
For example, the cross-border access fee will apply if you are offered the option to, and choose to, settle a foreign currency transaction in Hong Kong dollars at a point of sale overseas. Please note that such an option is a direct arrangement offered by the overseas merchant and not Mox. You should ask the overseas merchant for details about the foreign currency exchange rate and any applicable fees before you enter into the transaction because settling foreign currency transactions in Hong Kong dollars may involve fees imposed by the merchant in addition to the cross-border access fee (and may involve a cost higher than the foreign exchange handling fee – see above).
Paper Statement Retrieval Fee
HKD50 per copy of paper statement, charged to your Mox Account.
¹ APR is calculated based on the guideline as set out in the Code of Banking Practice and a 365-day year (or a 366-day year for leap years) and is for reference only.
² Please refer to Schedule 3 to the General Terms and Conditions for more information on your minimum payment.
• We can make changes to this Mox Credit Key Facts Statement for any reason but we’ll give you notice of any changes.
• The English version prevails if there is any inconsistency between the English and Chinese versions.