Fund transfer terms and conditions

1. The promotional sign-up period is from now to 31 December 2008.
2. All USD cards, corporate cards and co-brand/affinity cards are not eligible for this promotion.
3. Only primary credit cardholders are eligible to enrol and only one fund transfer submission per primary credit cardholder is allowed.
4. The preferential interest rate of 0% per annum for 6 months is only applicable to the fund transfer amount and not to existing outstanding balances or amounts subsequently incurred on your HSBC credit card.
5. The preferential interest rate of 0% per annum for 6 months will expire six months from the fund transfer date as determined by HSBC. Thereafter, the Bank’s prevailing interest rate will apply.
6. The upfront processing fee of 2.35% of the fund transfer amount applies and will be charged to your credit card once the fund transfer is approved.
7. The minimum fund transfer amount is S$1,000 and is limited up to a maximum of 80% of: the amount determined by (a) the cardholder's approved credit limit minus (b) any outstanding balance at the point of processing of your application.
8. HSBC will not accept the fund transfer if your account is not maintained in good standing or not conducted in a proper or satisfactory manner as determined by HSBC at its sole discretion and/or the card account stated in the enrolment form is already enrolled in a balance transfer programme or other interest rate promotion.
9. HSBC will not accept a fund transfer to another HSBC credit card or HSBC's personal line of credit account. The fund transfer must be to an account held in the name of the primary credit cardholder and the selected credit card or bank account from other credit card issuers or banks in Singapore must be denominated and transacted in Singapore dollars.
10. The approved amount to be transferred will be determined by HSBC at its sole discretion and the Bank reserves the right to decline any fund transfer application without assigning any reason. HSBC will not be liable for any charges, overdue payments or interest charges incurred by you due to the rejection of or delay in processing the application.
11. No cancellation or change of transfer amount will be allowed after submission of application.
12. You must continue to pay your other credit card issuers or banks for your outstanding balances with them until you receive a statement from them confirming that your account with them has been credited with funds remitted by HSBC. HSBC will not be liable for any charges, overdue payments or interest charges incurred due to non-payment by you.
13. The Bank's decision in all matters relating to the fund transfer shall be at our absolute discretion and shall be final and binding on you.
14. HSBC reserves the right to vary, delete or add to any of these terms and conditions, or withdraw or alter this offer, at any time at its discretion without notice. 
15. HSBC Rewards points will not be awarded for the approved fund transfer amount and any finance charges incurred. All Rewards programme terms and conditions apply.
16. Payments made to your HSBC credit card account are applied in the following order of priority, namely, interest charges, late charges, annual card membership fees, fund transfer amount, cash advances and any other outstanding balances on your card.
17. The terms and conditions contained herein are in addition to the HSBC Cardholder Agreement, which shall continue to apply.