Terms & Conditions
- HSBC General Promotion Terms & Conditions apply. Click here for more information.
- This Promotion is valid from 1 April 2021 to 30 April 2021 or until the Promotion is fully subscribed whichever is earlier.
- This Promotion is limited to 1 redemption per customer only.
- Cardholders who sign up for the 24 or 36 months Geneco residential electricity plan (âGeneco Plansâ) are eligible to participate in this Promotion.
- This Promotion is limited to the first 500 customers only.
- This Promotion is applicable to Geneco customers who are setting up recurring card payment for the first time with a HSBC credit card.
- Under the Promotion, Cardholder will receive the bill rebate if he/she fulfils all the following:
- a) New-to-Geneco customers who:
- i. signs up for a 24 or 36 months Geneco Plan and the sign up is approved by Geneco by 31 May 2021; and
- ii. successfully sets up a recurring payment arrangement via Genecoâs Self-Service Portal and makes first recurring payment for the Geneco Plan to an HSBC Credit Card by 31 July 2021.
- b) Existing-to-Geneco customers who:
- i. has an existing residential electricity contract with Geneco which is due for renewal (âExpiring Geneco Contractâ) during the Promotional Period;
- ii. receives a renewal notification email enclosing the offer from Geneco on their Expiring Geneco Contract (âRenewal Notificationâ);
- iii. renews a 24 or 36 months Geneco Plan before the Expiring Geneco Contract expiry date;
- iv. successfully sets up a recurring payment arrangement via Genecoâs Self-Service Portal and makes first recurring payment for the Geneco Plan to an HSBC Credit Card by 31 July 2021.
- The Rebate will be credited by Geneco by 31 August 2021 and used to offset the Cardholderâs Geneco electricity bill. If the electricity bill amounts to less than the value of the Rebate, the remaining value will be used to offset the subsequent electricity bill(s).
- For the avoidance of doubt, where a Cardholderâs first Recurring Payment was charged to his/her HSBC Credit Card after 31 July 2021 for any reasons whatsoever, he/she will not qualify for the Rebate. In no event should HSBC and/or Geneco be responsible for the Cardholderâs ineligibility to receive the Rebate
- HSBC and/or Geneco reserve the right to clawback the Rebate should any amount of the Rebate be unutilised by the Cardholder upon termination or expiry of the Geneco Plan.
- Save for existing credit card promotions, this Promotion is not valid with other HSBC promotions, special discounts, roadshow activations, unless otherwise stated.
- By participating in this Promotion, the Cardholder deems to have read and agreed to the terms and conditions of the Promotion.
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