1.

The redemption of Reward Point may only be done by the main Classic/Gold/Platinum/Premier Visa/MasterCard credit cardholder issued by The Hongkong and Shanghai Banking Corporation Limited, Indonesia ("HSBC") ("Credit Card"), not including Air Asia HSBC Classic/Gold Visa credit card, Advance credit card and Corporate credit card ("Cardholder").

2.

Cardholder earns 1 (one) Reward Point for every IDR 1,000 (one thousand Rupiah) spent by using HSBC Credit Card, not including cash advance, annual fee, credit card interest, or any financial obligation due to Credit Card usage, other credit card payment, HSBC Credit Card billing payment and/or other cost regarding to HSBC Credit Card usage and/or in relation with HSBC Credit Card usage

3.

Reward Point will be credited automatically into Cardholder Reward Point balance once the Credit Card transaction amount is posted in HSBC system.

4.

Reward Point can be earned since the Credit Card issuance date. Reward Point may only be earned by Cardholder whose credit card account is still active, has no outstanding payment, not over limit, and if there is no misuse of Credit Card.

5.

The redemption in this Rewards Program may only be done by Cardholder whose credit card account is still active, has no outstanding payment, not over limit and who has no record of misuse of Credit Card, has sufficient Reward Point, and has good record as Cardholder (as solely determined by HSBC).

6.

The accumulation of Reward Point of personal and corporate Credit Card is not allowed.

7.

Reward Point cannot be assigned from one credit card account to another nor accumulated from several types of personal Credit Card (i.e., Visa and MasterCard) under the same or different Cardholder's name.

8.

Reward Point redemption is based on the accumulation of Reward Point recorded in HSBC up to the last working day prior to day of redemption (D-1). The redemption request will be cancelled automatically without further notification if the Reward Point is insufficient for redemption.

9.

For credit card annual fee redemption, Cardholder can only redeem annual fee maximum 1 (one) month before the annual fee charge date.

10.

Credit Card Reward Point will be considered forfeited in the event of cancellation/closure of Credit Card account by Cardholder.

11.

Cardholder who wants to close his/her HSBC Credit Card account, cannot transfer his/her Reward Point to another card types (i.e., from Visa to MasterCard). If Cardholder wants to redeem his/her Reward Point, the redemption shall be done no later than 2 (two) weeks before the Credit Card account is closed. Once the Credit Card account is closed, all Reward Point will be forfeited and HSBC will not entertain any redemption request.

12.

Reward Point validity period is 2 (two) years. Reward Point will be forfeited on the last business day on second anniversary of the Credit Card issuance month. Click here to view explanation of Reward Point validity period calculation.

13.

Cardholder may only redeem Reward Point within the validity period and no later than 2 (two) weeks before the Reward Point expiry date. Reward Point will be forfeited and HSBC will not entertain any redemption request thereafter.

14.

HSBC's calculation on the Reward Points is final and binding.

15.

HSBC may modify, terminate, or add these terms and condition and the required Reward Point, and HSBC will communicate it to Cardholders through HSBC website (www.hsbc.co.id) 7 (seven) working days before it applies.

16.

These Terms and Conditions are governed under Indonesian law. Any dispute occurs in relation with these Terms and Conditions will be referred to the District Court of South Jakarta