Welcome Bonus Promotion (April – May 2022) (the “Promotion”) terms and conditions

1.
These terms apply to the Promotion offered by Mox Bank Limited (“Mox”, “we”, “us”). 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 and any other terms we may provide to you. These terms apply in addition to any such other terms, and the use of your Mox Card and account(s) will remain subject to our other terms.
3.
If there is any inconsistency between these terms and any of our other terms, these terms will prevail.
4.
The Promotion runs from 1 April 2022 until 31 May 2022 (both dates inclusive) (“Promotion Period”). We may change the Promotion Period at any time in our absolute discretion.
5.
To be eligible to participate in the Promotion, an individual must:​
a. successfully become a Mox customer during the Promotion Period (meaning they receive approval from Mox for their application to open a Mox Account). Please note that applications to open a Mox Account that were made during the Promotion Period but are still in-progress after the last day of the Promotion Period will not be counted for the purposes of the Promotion; and​
b. not have held a Mox Account in their name at any time during the 12-month period preceding the date during the Promotion Period they are notified by Mox that their Mox Account has been successfully opened (“Joining Date”),
(each such person referred to as “you” in these terms).
6.
You will be eligible to earn interest at the “Welcome Bonus Rate” (on top of the interest you will earn at any “Base Rate” as well as any interest you may be eligible to earn pursuant to our Mox Bonus Promotion (April – May 2022) terms and conditions) for 60 days, starting from (and including) the Joining Date (“Reward Period”).
The “Welcome Bonus Rate” is equal to an additional 0.3% p.a. Hong Kong Dollar savings rate applied on up to HKD250,000 of your total Hong Kong Dollar denominated deposit balance held with us.
A “Base Rate” is any Hong Kong Dollar savings rate that you would earn without participating in this Promotion or the Mox Bonus Promotion (April – May 2022) and details of the Base Rate can be found on our website or the Mox app. This means that a Base Rate does not include the Welcome Bonus Rate or any Bonus Rate offered in respect of the Mox Bonus Promotion (April – May 2022).
7.
Interest at the Welcome Bonus Rate will be calculated on a 365-day year basis, based on your eligible Hong Kong Dollar denominated deposit balance held with us as at 23:59:59 Hong Kong time each day during the Reward Period.​
8.
Interest earned at the Welcome Bonus Rate for a day will be credited by us to your account(s) with Mox, together with the relevant interest earned at a Base Rate and any other promotional interest you may be eligible for, on the next day.
9.
You must not do any of the following things before we credit interest at the Welcome Bonus Rate to your account(s) with Mox:
a. terminate your relationship with us; or
b. cause any account you have with us to be in arrears, suspension or default.
c. any other act as we may specify from time to time.
10.
Subject to these terms, including satisfaction of any other requirements specified by us in connection with the Promotion, we will continue to credit interest earned at the Welcome Bonus Rate to your account(s) with Mox after the Promotion Period has ended.
11.
We reserve the right, at any time, without notice or reason and in our sole discretion, to:
a. change, modify, suspend or terminate the Promotion or these terms (including the Welcome Bonus Rate);
b. refuse to offer or pay you interest at the Welcome Bonus Rate for any reason we deem relevant; and
c. 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.
12.
If any dispute arises in connection with the Promotion, Mox’s decision is final.
13.
You can only participate in the Promotion once.
14.
Neither your participation in the Promotion nor your eligibility to earn interest at the Welcome Bonus Rate may be transferred or assigned to any other person or exchanged or converted into any other benefit or right.
15.
To the extent permitted by laws and regulations:
a. Mox, its affiliates and shareholders shall not be responsible for any loss suffered by you; and
b. you shall release Mox, its affiliates and shareholders from all actions, proceedings and claims which may be brought by or against Mox, its affiliates or shareholders,

arising from or in connection with your participation in the Promotion (including any decision not to offer or pay you interest at the Welcome Bonus Rate) or these terms, unless any such loss is due to Mox’s, its affiliates’ or shareholders’ gross negligence, fraud or wilful default and only to the extent such loss is reasonably foreseeable and has arisen directly and solely from such gross negligence, fraud or wilful default.​
This clause 15 continues after the termination of these terms or the expiry of the Promotion Period.
16.
The Promotion does not constitute any offer, invitation or recommendation to any person to enter into any transaction.
17.
A person who is not a party to these terms has no rights to enforce or enjoy the benefit of any of their provisions under the Contracts (Rights of Third Parties) Ordinance (Cap. 623) other than as set out in these terms.
18.
These terms are governed in all respects by and construed in accordance with the laws of the Hong Kong Special Administrative Region. The parties submit to the exclusive jurisdiction of the courts of the Hong Kong Special Administrative Region.
19.
The English version prevails if there is any inconsistency between the English and Chinese versions of these terms.

Last updated: 1 April 2022.