HSBC Life Earn Your Watch

HSBC HK
Insurance
HSBC Life Earn Your Watch

Earning an Apple Watch or RewardCash is just steps away

Earn Your Watch is an innovative, 24-month wellness reward programme designed to encourage you to become fully engaged with an active lifestyle. All you need to do is:

take out any of our eligible insurance plans
join Earn Your Watch
achieve an average of 5,000 steps a day
start earning your Apple Watch or RewardCash

How to get rewards

Apple Watch

Step 1

Buy the watch at a special price with a 24-month interest-free instalments with your HSBC credit card¹.

Step 2

Get a refund to cover your Apple Watch monthly instalments by achieving the step target every month.

RewardCash

You can earn different amount of RewardCash every month by meeting the monthly step target, allowing you more flexibility to earn reward.

Choose your reward :

With a total of new annual premiums² of HKD1,700 or above, you can choose an Apple Watch Series 7 at a special price of HKD3,120³ (in monthly instalments of HKD130 over a 24-month period).
Average steps per day	Refund you'll redeem that month for your Apple Watch Series 7
9,000 steps or above	HKD130
7,000 - 8,999 steps	HKD100
5,000 - 6,999 steps	HKD50
Less than 5,000 steps	HKD0

With a total of new annual premiums² of HKD1,700 or above, you can choose an Apple Watch Series 7 at a special price of HKD3,120³ (in monthly instalments of HKD130 over a 24-month period).
Average steps per day	9,000 steps or above
Refund you'll redeem that month for your Apple Watch Series 7	HKD130

Average steps per day	7,000 - 8,999 steps
Refund you'll redeem that month for your Apple Watch Series 7	HKD100

Average steps per day	5,000 - 6,999 steps
Refund you'll redeem that month for your Apple Watch Series 7	HKD50

Average steps per day	Less than 5,000 steps
Refund you'll redeem that month for your Apple Watch Series 7	HKD0

With a total of new annual premiums² of HKD1,000 - HKD1,699, you can choose an Apple Watch SE at a special price of HKD2,160³ (in monthly instalments of HKD90 over a 24-month period).
Average steps per day	Refund you'll redeem that month for your Apple Watch SE
9,000 steps or above	HKD90
7,000 - 8,999 steps	HKD60
5,000 - 6,999 steps	HKD30
Less than 5,000 steps	HKD0

With a total of new annual premiums² of HKD1,000 - HKD1,699, you can choose an Apple Watch SE at a special price of HKD2,160³ (in monthly instalments of HKD90 over a 24-month period).
Average steps per day	9,000 steps or above
Refund you'll redeem that month for your Apple Watch SE	HKD90

Average steps per day	7,000 - 8,999 steps
Refund you'll redeem that month for your Apple Watch SE	HKD60

Average steps per day	5,000 - 6,999 steps
Refund you'll redeem that month for your Apple Watch SE	HKD30

Average steps per day	Less than 5,000 steps
Refund you'll redeem that month for your Apple Watch SE	HKD0

With a total of new annual premiums² of HKD1,000 or above, you can choose RewardCash as your reward.
Average steps per day	RewardCash (RC) you'll earn that month
9,000 steps or above	$50RC
7,000 - 8,999 steps	$30RC
5,000 - 6,999 steps	$15RC
Less than 5,000 steps	$0RC

With a total of new annual premiums² of HKD1,000 or above, you can choose RewardCash as your reward.
Average steps per day	9,000 steps or above
RewardCash (RC) you'll earn that month	$50RC

Average steps per day	7,000 - 8,999 steps
RewardCash (RC) you'll earn that month	$30RC

Average steps per day	5,000 - 6,999 steps
RewardCash (RC) you'll earn that month	$15RC

Average steps per day	Less than 5,000 steps
RewardCash (RC) you'll earn that month	$0RC

With a total of new annual premiums² of HKD1,700 or above, you can choose an Apple Watch Series 7 at a special price of HKD3,120³ (in monthly instalments of HKD130 over a 24-month period).
Average steps per day	Refund you'll redeem that month for your Apple Watch Series 7
9,000 steps or above	HKD130
7,000 - 8,999 steps	HKD100
5,000 - 6,999 steps	HKD50
Less than 5,000 steps	HKD0

With a total of new annual premiums² of HKD1,700 or above, you can choose an Apple Watch Series 7 at a special price of HKD3,120³ (in monthly instalments of HKD130 over a 24-month period).
Average steps per day	9,000 steps or above
Refund you'll redeem that month for your Apple Watch Series 7	HKD130

Average steps per day	7,000 - 8,999 steps
Refund you'll redeem that month for your Apple Watch Series 7	HKD100

Average steps per day	5,000 - 6,999 steps
Refund you'll redeem that month for your Apple Watch Series 7	HKD50

Average steps per day	Less than 5,000 steps
Refund you'll redeem that month for your Apple Watch Series 7	HKD0

With a total of new annual premiums² of HKD1,000 - HKD1,699, you can choose an Apple Watch SE at a special price of HKD2,160³ (in monthly instalments of HKD90 over a 24-month period).
Average steps per day	Refund you'll redeem that month for your Apple Watch SE
9,000 steps or above	HKD90
7,000 - 8,999 steps	HKD60
5,000 - 6,999 steps	HKD30
Less than 5,000 steps	HKD0

With a total of new annual premiums² of HKD1,000 - HKD1,699, you can choose an Apple Watch SE at a special price of HKD2,160³ (in monthly instalments of HKD90 over a 24-month period).
Average steps per day	9,000 steps or above
Refund you'll redeem that month for your Apple Watch SE	HKD90

Average steps per day	7,000 - 8,999 steps
Refund you'll redeem that month for your Apple Watch SE	HKD60

Average steps per day	5,000 - 6,999 steps
Refund you'll redeem that month for your Apple Watch SE	HKD30

Average steps per day	Less than 5,000 steps
Refund you'll redeem that month for your Apple Watch SE	HKD0

With a total of new annual premiums² of HKD1,000 or above, you can choose RewardCash as your reward.
Average steps per day	RewardCash (RC) you'll earn that month
9,000 steps or above	$50RC
7,000 - 8,999 steps	$30RC
5,000 - 6,999 steps	$15RC
Less than 5,000 steps	$0RC

With a total of new annual premiums² of HKD1,000 or above, you can choose RewardCash as your reward.
Average steps per day	9,000 steps or above
RewardCash (RC) you'll earn that month	$50RC

Average steps per day	7,000 - 8,999 steps
RewardCash (RC) you'll earn that month	$30RC

Average steps per day	5,000 - 6,999 steps
RewardCash (RC) you'll earn that month	$15RC

Average steps per day	Less than 5,000 steps
RewardCash (RC) you'll earn that month	$0RC

Eligible insurance plans

Term Protection

HSBC Family Protector
Mortgage Protection Plan
Privileged Term Protection Plan
HSBC Term Protector (no longer available)

Life Protection

Medical Protection

Are you eligible?

To join this programme, you'll need to:

be the policyholder of 1 or more eligible insurance plans applied on or before 31 March 2022, and issued within the last 3 months with new premiums totally HKD1,000 or above⁴.
have an HSBC credit card - if you hold a UnionPay credit card or HSBC USD / RMB credit card only, you'll only be able to choose HSBC RewardCash as your reward.
download HSBC Mobile Banking app.

Learn more about HSBC credit cards and HSBC all-in-one bank account - HSBC One, HSBC Premier and HSBC Jade.

Getting started is easy

The screenshot of the first step on how to join HSBC Life Well + on mobile app.

Log on to HSBC HK Mobile Banking app and go to your “Policy overview” of the
Earn Your Watch eligible insurance plan.

Tap on “HSBC Life Earn Your Watch” and select between Apple Watch or RewardCash.

The screenshot of the second step on how to join HSBC Life Well + on mobile app.

Connect the Health app on your iPhone with the HSBC HK Mobile Banking app to get started.

The screenshot of the third step on how to join HSBC Life Well + on mobile app.

Keep walking with your Apple Watch or iPhone and log on to your HSBC HK Mobile Banking app on your iPhone regularly to synchronise your steps and track your monthly progress⁵.

Got questions?

Contact us via (852) 2583 8000. The service hours are Monday–Friday: 09:00–20:00; Saturday: 09:00–13:00, except on public holidays.

Frequently asked questions (FAQs)

What are the Apple Watch models offered under HSBC Life Earn Your Watch?

HSBC Life Earn Your Watch offers you Apple Watch Series 7 and Apple Watch SE.

Here're the Apple Watch Series 7 models you can select.

41/45mm Green Aluminum Case with Clover Sport Band (GPS/ GPS + Cellular)
41/45mm Starlight Aluminum Case with Starlight Sport Band (GPS/ GPS + Cellular)
41/45mm Midnight Aluminum Case with Midnight Sport Band (GPS/ GPS + Cellular)
41/45mm Blue Aluminum Case with Abyss Blue Sport Band (GPS/ GPS + Cellular)
41/45mm (PRODUCT) RED Aluminum Case with (PRODUCT) RED Sport Band (GPS/ GPS + Cellular)

Here're the Apple Watch SE models you can select.

40/44mm Silver Aluminum Case with Abyss Blue Sport Band (GPS/ GPS + Cellular)
40/44mm Gold Aluminium Case with Starlight Sport Band (GPS/ GPS + Cellular)
40/44mm Space Gray Aluminium Case with Midnight Sport Band (GPS/ GPS + Cellular)

When will I receive my Apple Watch?

Once your application is approved, your watch will be delivered to you in about 1 month, subject to Apple Watch inventory availability.

The Apple Watch delivered is defective. What should I do? Will it affect the programme?

If you find your Apple Watch received is defective within 14 calendar days of your Apple Watch delivery, you should approach Apple’s technical support - the Genius Bar in any of Apple’s retail stores for diagnosis of your Apple Watch. Apple may request you to present the proof of purchase, which will be provided in the welcome email after your watch is delivered.

Subject to the diagnosis result, you may be given a case ID if a replacement of your Apple Watch is required. You're then required to call us at (852) 2583 8000 to arrange your Apple Watch replacement. HSBC Life will arrange with Apple to collect the defective watch from you and rearrange the delivery of a new Apple Watch. If your Apple Watch is found defective after 14 calendar days, you'll need to resolve that with Apple in accordance with Apple’s warranty policy. An extension of your programme start date may be granted at HSBC Life’s discretion.

Can I join the programme without an iPhone?

Currently you can only join the programme with your iPhone.

Can I apply for more than one Earn Your Watch programme?

As the policyholder of all the eligible policies, you can apply for the Earn Your Watch programme once only.

How will HSBC Life track my average steps per day?

Every time you log on to the HSBC HK Mobile Banking app on your iPhone, your daily steps are synchronised from the Health app on your iPhone. Please note that manually added steps will be excluded. You're recommended to regularly log on to the HSBC HK Mobile Banking app to synchronise your step data.

Can I use other devices for step tracking?

While we recommend you to use your Apple Watch or iPhone, you can use any other step tracking devices that are compatible with the Health app on your iPhone. Pair up your step tracking device with your Health app and then connect your Health app with the HSBC HK Mobile Banking app, so your steps can be synchronised for the programme.

How and when do I need to synchronise my steps with the HSBC HK Mobile Banking app? What if I haven’t done so before the cutoff date?

We recommend you to log on to the HSBC HK Mobile Banking app on your iPhone regularly. Your step data will be synchronised with us automatically every time you do so. To ensure your steps are counted, please log on before the 15th of each month. Failure to do so may affect your redemption or RewardCash payout, and your benefits may not be paid even if you meet your step target.

Can I transfer my programme membership or benefits to another person?

You're not allowed to transfer your programme membership to another person.

I applied for my life insurance policy more than 3 months ago but it was issued within the last 3 months. Can I still join the Earn Your Watch programme?

Yes, you can still join the programme as long as your policy is eligible and the policy issue date is within the last 3 months.

Other frequently asked questions

Related information

User Guide This link will open in a new window

Programme Terms and Conditions This link will open in a new window

Stepping up to the challenge

Need ideas for how you can stay active? We've got you covered.

Home workout; image used for HSBC Life Earn Your Watch

Stay in, work out!

This link will open in a new window

¹ By choosing an Apple Watch as your reward, you will be committing to a 24-month interest-free instalment plan via your HSBC credit card. To borrow or not to borrow? Borrow only if you can repay!

² Total new annual premium refers to the total annual premiums of eligible policies issued within the last 3 months only.

³ You can choose to upgrade your watch with cellular connectivity at a cost of HKD400 for the Apple Watch SE and HKD800 to upgrade for Apple Watch Series 7 - to be spread out in 24-month instalments.

⁴ The minimum total new annual premiums must be HKD1,000 for the Apple Watch SE or RewardCash; HKD1,700 for the Apple Watch Series 7 or RewardCash.

⁵ We'll collect your health and wellness data for this programme only, in accordance to our Data Privacy Notice.

HSBC Life (International) Limited ("HSBC Life") reserves the right to change any terms and conditions regarding the Earn Your Watch at its discretion.

All eligible insurance plans under Earn Your Watch are life insurance products underwritten by HSBC Life and are intended only for sale in the Hong Kong SAR. HSBC Life is incorporated in Bermuda with limited liability, and is one of the HSBC Group's insurance underwriting subsidiaries. HSBC Life is authorised and regulated by the Insurance Authority of the Hong Kong SAR to carry on long-term insurance business in the Hong Kong SAR. Policyholders are subject to the credit risk of HSBC Life and early surrender loss.

If you wish to learn more about any of the above insurance plans, please refer to the respective product brochure for detailed features and the Policy Provisions for the detailed terms and conditions on the insurance product webpages.

Apple, the Apple logo, iPhone, Touch ID and Face ID are trademarks of Apple Inc., registered or in the process of being registered in the US and othe countries/regions. App Store is a service mark of Apple Inc.

Earning an Apple Watch or RewardCash is just steps away

How to get rewards

Apple Watch

RewardCash

Choose your reward :

Apple Watch Series 7

Apple Watch SE

RewardCash

Eligible insurance plans

Term Protection

Life Protection

Medical Protection

Are you eligible?

Getting started is easy

How to join Earn Your Watch?

Got questions?

Contact us via (852) 2583 8000. The service hours are Monday–Friday: 09:00–20:00; Saturday: 09:00–13:00, except on public holidays.

Frequently asked questions (FAQs)

About Apple Watch

About Earn Your Watch

Related information

Stepping up to the challenge

Stay in, work out!

End Notes

Disclaimer