 |
Enjoy a preferential savings interest rate(1)
that is equal to the mortgage loan interest rate,
giving you much higher interest returns which
helps you to offset mortgage interest expenses. |
|
Loan amount of up to 95% of appraised
property value(2) |
|
Use your Integrated Account to enjoy the preferential
HKD savings interest rate and all-in-one wealth
management services. |
|
Flexible mortgage and savings accounts combinations
(e.g. you can open up to two savings accounts
for each preferential rate mortgage loan) to suit
your different financial needs. |
|
Separate mortgage and savings accounts for easier
management of your income and expenses. |
|
Free to deposit or withdraw cash from the savings
account at any time. Interest on the savings account
balance is calculated on a daily basis. |
|
No application fee or annual fee on "Mortgage-Link"
Account. |
| We
also offer you a series of special privileges
for our comprehensive banking services(3): |
Service |
Privileges |
| Integrated
Account |
Monthly
fee waiver during mortgage loan tenor(4) |
Fire
Protection Plan
|
First
year premium waiver(5) |
Home
Care Plan |
Six-month
premium waiver(6) |
Credit
Card |
Annual
fee waiver during mortgage loan tenor |
| (1) |
Preferential interest rate is only applicable to Statement Savings Account or Hong Kong Dollar ("HKD") Savings Account of Integrated Account (including Prestige Banking, Preferred Banking and "Integrated Account"). Customer entitled to enjoy the preferential interest rate only after successful drawdown of the mortgage loan.The deposit amount applicable for the preferential interest rate is limited to a maximum of 50% of the outstanding mortgage loan principal ("Available Threshold"). The Available Threshold is subject to adjustment according to the outstanding mortgage loan principal. Deposit exceeding the Available Threshold is subject to a Tier Savings Deposit Rate as quoted by the Bank from time to time according to the total credit balance of the Statement Savings Account or Integrated Account's HKD Savings Account. |
| (2) |
If your mortgage loan amount exceeds
70% of the appraised property value, you will
have to apply for the Hang Seng "Top Up"
Mortgage or "Mortgage Insurance Programme"
Loan. "Mortgage-Link" Account is not
applicable to the second mortgage of "Top
Up" Mortgage. |
| (3) |
The privileges are subject to such
requirements and terms and conditions as prescribed
by Hang Seng Bank Limited. Please contact our
staff for details. |
| (4) |
To enjoy the monthly fee waiver for Integrated Account, customer must designate his/her Integrated Account's HKD Savings Account to enjoy the "Mortgage-Link" preferential savings rate and as the repayment direct debit account during the entire tenor period of his/her mortgage loan and must also maintain a monthly average Total Relationship Balance ("TRB") in his/her Integrated Account of not less than the required minimum amount (the required minimum monthly average TRB for Integrated Account of Prestige Banking, Preferred Banking and "Integrated Account" are HKD500,000, HKD50,000 and HKD10,000 respectively). For related details on the promotion offer and its terms and conditions, please contact Hang Seng Bank staff. |
| (5) |
Only applicable to fire protection
plan insured with Hang Seng General Insurance (Hong Kong) Company Limited. |
| (6) |
Offers cannot be used in conjunction
with other promotion offers and only applicable
to properties accepted by Hang Seng General Insurance (Hong Kong) Company Limited
and for Home Care Plan (Plan A)
offered by Hang Seng General Insurance (Hong Kong) Company Limited. |
| The above information
is for reference only. Please contact our staff
for full details of the related terms and conditions. |
|
Mortgage
