To help you to save even more, we are now offering up to HKD3,3001 bonus unit rebates to you if you open a TVC account and make contribution with HSBC MPF!  (terms and conditions apply)

 

For details of the bonus rebates offers, you can click here to view the related leaflet or read the information below.

Offer 1

Over the campaign period (1 April 2019 to 31 March 2022), we will offer you bonus rebate units to your TVC account if you contribute TVC with HSBC MPF. The more you contribute the more you will receive.  

Table 1

Cumulative TVC paid / transferred to HSBC MPF over campaign period

(HKD)

Bonus rebates paid after reaching threshold

(HKD)

Accumulate bonus rebates 

(HKD)

3,000
100 100
30,000
200 300
60,000
300 600
120,000 800 1,400
180,000 1,600 3,000
Table 1

Cumulative TVC paid / transferred to HSBC MPF over campaign period

(HKD)

3,000

Bonus rebates paid after reaching threshold

(HKD)

100

Accumulate bonus rebates 

(HKD)

100

Cumulative TVC paid / transferred to HSBC MPF over campaign period

(HKD)

30,000

Bonus rebates paid after reaching threshold

(HKD)

200

Accumulate bonus rebates 

(HKD)

300

Cumulative TVC paid / transferred to HSBC MPF over campaign period

(HKD)

60,000

Bonus rebates paid after reaching threshold

(HKD)

300

Accumulate bonus rebates 

(HKD)

600

Cumulative TVC paid / transferred to HSBC MPF over campaign period

(HKD)

120,000

Bonus rebates paid after reaching threshold

(HKD)

800

Accumulate bonus rebates 

(HKD)

1,400

Cumulative TVC paid / transferred to HSBC MPF over campaign period

(HKD)

180,000

Bonus rebates paid after reaching threshold

(HKD)

1,600

Accumulate bonus rebates 

(HKD)

3,000

Example:

  • You pay TVC on 1 December 2019 of HKD60,000 as a lump sum. So you will be entitled to HKD600 of rebates, credited to your TVC account 3 months after 1 June 2020;
  • You then pay further TVC on 1 July 2020 of HK$60,000 as a lump sum.  You will then be entitled to another HKD800 of rebates, credited to your TVC account 3 months after 1 Jan 2021.

Offer 2

Over the period 1 April 2019 to 31 March 2020, if you contribute TVC or consolidate your TVC account from other non-HSBC Group into HSBC MPF; and at the same time, you transfer your Minimum MPF Benefits or MPF accrued preserved benefits from other non-HSBC Group MPF schemes into your Personal Account under HSBC MPF, you will be further rewarded with a bonus unit rebate of HKD300 that will be credited to your HSBC MPF Personal Account2.

Example:

  • You pay TVC on 1 June 2019 of HKD20,000 as a lump sum.  On the same day, you have completed transferring HKD60,000 from your non-HSBC Group MPF Personal Account into a HSBC MPF Personal Account.   On 30 June 2019, you will then be qualified for the HKD300 in this offer, which will be credited to your HSBC MPF Personal Account on or before 30 September 2019. 
  • You will also be entitled to HKD200 of rebates from the Personal Account Consolidation offer on 1 December 2019, which will be credited to your HSBC MPF Personal Account 2 months after 1 December 2019.

Offer 3

To support the MPFA Good MPF Employer Award, we will offer you even more bonus unit rebate if you are an employee of one of the 2017-18 or 2018-19 MPFA Good MPF Employers on the day of opening your HSBC MPF TVC Account.   If you are qualified for this offer, the rebate amounts under Offer 1 will be increased to 1.5 times of the stated amounts above, so the maximum rebates you can get through these 3 offers is HKD4,800!

You can check if your employer is one of the awardees of 2017-18 and 2018-19 Good MPF Employer Award on the MPFA’s website www.mpfa.org.hk.

Remarks:

1Based on a member contributing HKD180,000 of TVC over the Campaign Period, and has consolidated a MPF Personal Account from a non-HSBC Group MPF scheme into HSBC MPF

2This offer will run in parallel with the Personal Account Consolidation Offer. For Personal Account Consolidation Offer webpage, please visit https://retailbank.hsbc.com.hk/bonusunitoffers/en/home

Detailed Terms & Conditions of the above offer are set out in the Appendix.

Open a HSBC TVC account for contribution now!

Reference number: L-MPF059

Investment involves risks. Past performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the relevant 'Principal Brochure'.

Appendix – Terms and Conditions on MPF TVC Bonus Unit Rebate Offer

  1. The Bonus Unit Offer set out in this leaflet is provided by The Hongkong and Shanghai Banking Corporation Limited (‘HSBC’).
  2. All members are required to register through an HSBC MPF Specialist.
  3. For Offer 1, the promotion period is up to 31 March 2022 (the ‘Campaign Period 1’).  For Offer 2, the promotional period is up to 31 March 2020 (the ‘Campaign Period 2’).
  4. For Offer 1, please refer to below:
    ●  This offer is available for the member’s HSBC TVC account (‘TVC Account’).
    ●  A member will receive bonus units worth the amounts as stated in Table 1 above, based on the cumulative TVC contributions paid or transferred into a HSBC TVC Account, as per the conditions set out below:
    i.   After the accumulative TVC contributions paid or transferred has reached each of the contribution thresholds as set out in Table 1, the corresponding bonus units will be credited to the member’s TVC Account after a Holding Period (see below).
    ii.  The holding period for each contribution threshold is 6 months from the day that the contribution threshold has been met and such contribution or transferred-in  TVC balance has been successfully allocated in the member’s TVC Account (the ‘Holding Period’).
    iii. The member has not transferred out or withdrawn any accrued benefits from the member’s TVC Account before the bonus units are allocated.
    iv. For transferred-in TVC, the corresponding TVC accrued benefits have to be from other MPF schemes (Non-HSBC and non-Hang Seng MPF schemes).
    ●  The bonus units will be credited to the member’s TVC Account according to (i) the investment choices(s) of the above TVC Account and (ii) the unit prices of the relevant constituent fund(s) as of the date of allocation, which is any business day within the next 3 months after the Holding Period relevant to the bonus units for each of the contribution thresholds.
    ●  Each member is entitled to the relevant bonus units of this offer based on the cumulative TVC contributions paid or transferred into a HSBC TVC Account as listed in Table 1 ONE time only.  In the case of a member having TVC Accounts in more than one HSBC MPF schemes, the cumulative TVC contributions will include all TVC contributions paid to all of the HSBC MPF schemes, and the bonus units will all be credited to the member’s TVC Account in the HSBC Mandatory Provident Fund Scheme – SuperTrust Plus.   On the other hand, if a member has transferred his TVC Account from a HSBC MPF scheme or a Hang Seng MPF scheme to a TVC Account under another provider, and then subsequently transferred back into a TVC Account under the HSBC MPF scheme, this offer will only apply to the relevant bonus units as listed in Table 1 starting from the threshold that the member has not been entitled previously.
  5. For offer 2, please refer to below: 
    ●  This offer is available for the member’s HSBC MPF personal account (“Personal Account”).
    ●  A member’s Personal Account will become eligible and the member will receive bonus units in his/her Personal Account if all the following requirements are met:
    i.  A member has opened a TVC account and has contributed towards it within the Promotional Period 2.
    ii. A Minimum MPF Accrued Benefits or MPF accrued benefits transfer-in from a non-HSBC and non-Hang Seng MPF account into an HSBC MPF personal account needs to be completed successfully within the Campaign Period 2,
    iii.  The member must not withdraw any accrued benefits from both the TVC Account and Personal Account in which the transfer was made before the bonus units are allocated.
    ●  Eligibility to this Offer 2 will be determined on 28 June 2019 and 30 June 2020 which is the last working day of the 2018/19 and 2019/20 scheme financial years of the HSBC MPF schemes respectively.
    ●  The bonus units will be credited to the eligible Personal Account into which you have transferred your Minimum MPF Benefits or non-HSBC / non-Hang Seng MPF accrued benefits, in accordance to (i) the investment choices(s) in relation to the Personal Account and (ii) the unit prices of the relevant constituent fund(s) as of the date of allocation, which is any business day within the next 3 months after 30 June 2019 or 30 June 2020 as appropriate.
    ●  Each member is entitled to the bonus units of this offer ONE time only.
  6. For Offer 3, the additional rebates you will be entitled to are 50% of your entitlement under Offer 1, and the additional rebates will be paid at the same time as the corresponding rebates under Offer 1.  Eligibility condition of Offer 3 will be established based on your employment status at the time you open your TVC Account.
  7. For all three offers, the member shall not receive any bonus units if his/her corresponding MPF account(s) has / have been cancelled or terminated before the bonus units are allocated.
  8. Upon allocation of the bonus units to a member’s MPF account, a confirmation shall be sent to the relevant member within the next month after the date of allocation of the bonus units.
  9. Bonus units allocated to a member’s MPF account are part of the account balance and shall be subject to the appropriate fees and charges applicable to relevant HSBC Mandatory Provident Fund schemes. For details of the fees and charges, please refer to the relevant Principal Brochure(s) of the relevant scheme.
  10. The bonus unit payout will be reflected as ‘Special Bonus’ in the Mandatory Provident Fund Member Benefit Statement for the scheme financial period of the relevant scheme.
  11. No bonus unit shall be credited to the member’s eligible Personal Account and/or TVC Account if the bonus unit are less than 0.001 units for a respective constituent fund.
  12. The bonus unit allocation shall not be in the form of cash or cash equivalent at the time of payout.
  13. In the event of any disputes arising from the entitlement of the bonus unit, the decision of HSBC should be final and conclusive.
  14. HSBC reserves the right to change these terms and conditions at any time and the offers may be withdrawn and/or terminated by HSBC at its discretion without prior notice to the member(s).
  15. Should there be any discrepancy between the English and Chinese versions of these terms and conditions, the English version shall apply and prevail.
  16. These terms and conditions are governed by, and construed in accordance with, the laws of the Hong Kong Special Administrative Region

Customers have a right to request that his/her personal data are not to be used for direct marketing purposes. Requests can be made in writing to the Data Protection Officer, HSBC Provident Fund Trustee (Hong Kong) Limited, c/o The Hongkong and Shanghai Banking Corporation Limited, PO Box 73770, Kowloon Central Post Office.

Important notes

  • The information contained here is for reference only and will be updated without notice. The provisions of the Mandatory Provident Fund Schemes Ordinance. Other applicable legislation/regulations and guidelines or announcements published by the Mandatory Provident Fund Schemes Authority shall prevail for any information on MPF system. If you are in doubt about the meaning or the effect of the contents of this website, you should seek independent professional advice.
  • lnvestments involve risks. Past per performance is not indicative of future performance. The value of financial instruments, in particular stocks and shares, and any income from such financial instruments, may go down as well as up. For further details including the product features and risks involved, please refer to the 'Principal Brochure'.