Thank you all, this thread has been informative.
Just wanna check something.
Under the referral programme, Clause 6 and 17
For a referrer to qualify for the Programme and the Referral Reward (as defined in Clause 12), the
referee who starts an HSBC Premier relationship via this Programme shall (a) meet the fund-by period
set out in Clause 3; and (b) maintain the HSBC Premier relationship (i.e. no termination of HSBC Premier
account) for at least six (6) months from the month of sign-up, failing which Clause 17 will apply.
HSBC reserves the right to deduct the equivalent Referral Reward value for each referral from the
referrer’s account in the event the referee terminates his/her HSBC Premier relationship within six
months from the date the account is opened as stipulated in Clause 6.
While it is clear the referee cannot terminate the account, but what if he moves the fund out after the 3 month period?
Would Clause 16 kick in?
Both eligible referrers’ and referees’ accounts must have been maintained in good standing and
conducted in a proper and satisfactory manner as determined by HSBC in its discretion over the Programme Period and at the same time of fulfillment, in order for the eligible referrer to be eligible for
the relevant Reward.
Thanks!
