Bank of Communications (Hong Kong) Limited

Terms and Conditions of Electric Vehicle Loan Promotion:

Remarks of interest rate table:

The interest rate table is only applicable to Selected Customers, Selected Customers are required to use the account in the Bank for disbursement and repayment in order to enjoy the corresponding interest rate in the interest rate table.
Minimum loan amount is HKD100,000 and must be in multiples of HKD1,000.
Monthly repayment amount is calculated on the basis of every loan amount of HKD1,000.
Repayment tenor of 12 months, 36 months, 48 months or 60 months are available.
The Annualized Percentage Rate is calculated based on the loan amount of HKD100,000, HKD200,000, HKD500,000 and HKD1,500,000, including 0% handling fee.
Annualized Percentage Rate of 1.68% and calculated based on a monthly flat rate of 0.0755%, with loan amount of HKD1,500,000 and repayment tenor of 12 months and is including 0% handling fee, is only applicable to New Customers.
The Offer is only applicable to New Customers who have opened personal account successfully at the Bank within the Promotion Period. New Customer refers to the customer who has not held any single name and/or joint name account with the Bank in the past 12 months upon account opening, can enjoy a preferential interest rate of 0.1335% (APR 2.98%) on loan amount of HKD500,000 – HKD1,499,999 with repayment tenor of 12 months; a preferential interest rate of 0.0755% (APR 1.68%) on loan amount of HKD1,500,000 - HKD2,000,000 with repayment tenor of 12 months.
The Interest Rate Table is for reference only. The APR is calculated according to the guideline set out in the Code of Banking Practice and rounded up/down to the nearest two decimal places. APR is a reference rate, which includes all applicable loan interest rates, fees and charges of the loan product, expressed as an annualised rate.
The Annualised Percentage Rate are reference rate which include the basic interest rate and other fees and charges of a product expressed as an annualized rate (if applicable). The sample is for reference only.
The actual APR and monthly repayment amount applicable to individual customers may differ, customers should refer to the loan confirmation letter for the actual related information.

Remarks:

Customer may choose to drawdown the loan within 30 calendar days from the loan approval date, and drawdown date must be a Business day of the Bank, must not be a Saturday, Sundry or Hong Kong Public holiday. (e.g. for loan approved on 2 June 2025, customer may choose to drawdown the loan on any business day between 2 June 2025 and 1 July 2025. Interest shall be charged on the loan amount at the applicable interest rate (which will be stated in the Loan Confirmation Letter) starting on the date the Bank disburses the disbursement amount to the Customer until full repayment of the relevant loan. The first repayment date will be one month after the drawdown date. If the monthly repayment date falls on a Saturday, Sunday or General Holiday, then repayment will become due on the business day of the Bank after that designated repayment day provided that if that business day falls on a date of another calendar month, payment will instead become due on the business day of the Bank prior to that designated repayment date.
#The maximum Loan amount up to HKD2,000,000 or the purchase price of electric vehicle (whichever is lower).
The final loan amount will be subject to the circumstance of individual customer. The approval of the loan (as well as the final approved loan amount) is subject to the Bank's final decision.
Customer is advised to pay attention on whether interest expenses would be saved by making early repayment of personal instalment loan. Customer is advised to pay attention on whether interest expenses would be saved by making early repayment of personal instalment loan. For enquiring, please visit website of the Bank, website address as follows: https://www.hk.bankcomm.com/hk/hk/cn/file/getContentPath.html?fileId=2504077.
A 7-day cooling-off period is offered for the customers who have successfully applied and drawdown Personal Loan. Customers who makes an early repayment of Loan in full within the cooling-off period (7 calendar days starting from the day after the loan drawdown date) will be eligible for a waiver of the handling fee (includes 2% of the drawdown loan amount plus HK$200) and the first instalment of interest. To apply or for inquiries, please call our Customer Services Hotline at (852) 223 95559 during office hours.

General Terms and Conditions:

Electric Vehicle Loan Promotion commence from 1 January 2025 to 30 June 2025, both days inclusive (Promotion Period).
The (“Bank”) means Bank of Communications (Hong Kong) Limited.
Customer is not required to provide Electric Vehicle as the collateral, but must provide proof of the relevant order agreement or similar documents showing the full payment for the purchase of electric vehicle or Hong Kong Motor Vehicle Registration Document (“Vehicle Registration Book”)when applying, it includes from any manufacturer or dealer as defined, the manufacturers of electric vehicles.
Customers who has successfully applied for Electric Vehicle Loan and use the Bank’s account for disbursement and repayment of the loan, can enjoy a preferential APR during the Promotion Period. The Offer are limited and are available on a first-come first-served basis while stock lasts.
Electric Vehicle is defined as any of the private cars with no tailpipe emissions as defined by the Environmental Protection Department. For details of eligible electric vehicle models, please take reference from the Environmental Protection Department’s website.
Electric Vehicle Loan is subject to the terms and conditions of DreamCash Personal Loan.
Customer must fulfill the requirements of credit rating set by the Bank. The approval of the loan (Including loan amount, repayment amount and interest rate) is subject to the final decision of the Bank without the liability to provide reasons.
For details of the fees of Electric Vehicle Loan, please refer to Key Facts Statement for Instalment Loan.
If the loan application by the Customer cannot fulfill the requirements of this Promotion, the Bank may consider recommending DreamCash Persoanl Loan of the Bank. The pricing is subject to DreamCash Personal Instalment Loan.
All services and transaction records involved in this Promotion are subject to the Bank’s records. The Bank shall not be liable for any delay or loss of or error in information submitted by Customers or any such information being unrecognizable due to any technical problems arising from computers or network.
In the event of a dispute arising out of this Promotion, the interpretation of these terms and conditions and the eligibility for any rewards, the decision of the Bank shall be final and conclusive.
No person other than the customers and the Bank will have any rights under the Contracts (Rights of Third Parties) Ordinance (Cap.623，the Laws of Hong Kong) to enforce or to enjoy the benefit of any terms and conditions under these Terms and Conditions.
In case of discrepancy between the Chinese and English versions of these terms and conditions, the Chinese version shall prevail.

Terms and Conditions of Promotional Offers:

Promotion Period of Promotional Offers commence from 1 January 2025 to 30 June 2025, both days inclusive (Promotion Period of Promotional Offers).
Customers successfully apply Electric Vehicle Loan during the Promotion Period of Promotional Offers and drawdown on or before 31 July 2025 can get the Spending Rewards.
During the Promotion Period, customers who meet the requirements of each of the following offers at the same time can receive Spending Reward up to a total of HKD2,600. For details on how the amount of Spending Reward is calculated, please refer to the table below:

Reward	Promotional Offer	The details of Spending Reward below	Date for Spending Reward
Reward 1	Customers who have successfully applied and drawdown the loan amount of HKD200,000 or above, Customer who have successfully applied for Greater Bay Area CUP Dual Currency Diamond Card or is already the cardholder of Greater Bay Area CUP Dual Currency Diamond Card	HKD600	On or before 31 October 2025
Reward 2	Customers who have successfully applied and drawdown the loan amount of HKD200,000 or above via the Bank's website, Customer who have successfully applied for Greater Bay Area CUP Dual Currency Diamond Card or is already the cardholder of Greater Bay Area CUP Dual Currency Diamond Card via the Bank's website	HKD1,500	On or before 31 October 2025
Reward 3 Binding and Activating Unitoll Card Reward	Customers who have successfully applied for Greater Bay Area CUP Dual Currency Diamond Card, and also bind and activate Unitoll Card through the Bank’s designated services venue or the Bank's mobile phone banking	HKD500	On or before 31 August 2025

Each Customer can enjoy each of Reward only once during the entire Promotion Period. If Customers has already entitled the Spending Reward of“Binding and Activating Unitoll Card Reward”in the“Auto-owners Comprehensive Offers”Promotion, will not enjoy the Reward 3 of this Promotion.
Spending Reward Offers are limited and are available on a first-come first-served basis while stock lasts.
Spending Reward is applicable to the cardholder of Greater Bay Area CUP Dual Currency Diamond Card principal account issued by Bank in Hong Kong, but it is not applicable supplementary cards. The Eligible Credit Card account will be counted by its credit card number.
All Sending Rewards will be credited to eligible cardholder’s Greater Bay Area CUP Dual Currency Diamond Card principal account (HKD Account) on or before 31 October 2025. Also, card account must be valid and maintain good credit status during the entire Promotion Period and fulfillment period.
Customer who hold Greater Bay Area CUP Dual Currency Diamond Card principal account must be valid and good credit condition when the Bank credits the Spending Reward, or otherwise the Bank reserves the right to cancel the Customers’eligibility for the spending rebate without prior notice.
The repayment account or loan account held by the customer must be valid, non-delinquent and good credit condition when the Bank credits the Spending Reward, or otherwise the Bank reserves the right to cancel the Customers’eligibility for the spending rebate without prior notice.
The Bank reserves the rights to terminate the above offers, or to amend the terms and conditions at any time without prior notice. The Bank has no liability for any changes or termination of the offers.

Credit Reference Matters

The Bank subscribes “TransUnion”credit reference services. Enquiry please contact “TransUnion” at (852)2577 1816.
The Bank will share the relevant consumer credit data of customer with “Multiple Credit Reference Agencies”. Selected Credit Reference Agencies (Include TransUnion and PingAn One Connect Credit Reference Services Agency(HK)) would share the information held by “Multiple Credit Reference Agencies”.
Customer is entitled to request for a Credit Report from each selected Credit Reference Agency without charge every 12 months respective to each Selected Credit Reference Agency.

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

Bank of Communications (Hong Kong) Limited (Incorporated in Hong Kong with limited liability)