Hang Seng Bank : in Collaboration with Mastercard to Launch MMPOWER World Mastercard (31 May 2023)

31 May 2023

Hang Seng Bank in Collaboration with Mastercard to Launch

MMPOWER World Mastercard

Personalized experience and trendy offers and the first Touch Card in Hong Kong

Hang Seng Bank today announced its collaboration with Mastercard to launch the new "MMPOWER World Mastercard" ('MMPOWER card'), bringing upgraded rewards and benefits in customers' everyday spending. The new MMPOWER card offers up to 5% +FUN Dollars for both online and offline spending, enabling customers to fully embrace the advantages of cross-channel transactions to earn rewards faster, and enjoy "Everyday Power" anytime, anywhere.

MMPOWER cardholders can earn 5% +FUN Dollars for all online spending*. Moreover, cardholders can customize their own privileges by choosing 2 out of 5 spending categories to enjoy 5% +FUN Dollars to meet their everyday spending needs, including: mobile payment, dining, travel and foreign currency, electronics, and entertainment*.

Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank, said: "As a customer-centric bank, Hang Seng Bank has continually innovated to delight our customers with exciting everyday retail spending experience. In addition to upgrading Cash Dollars to +FUN Dollars, we are delighted to launch the MMPOWER card, the first credit card in Hong Kong that comes with 'Touch Card' design. With the new MMPOWER Card, customers can earn +FUN Dollars more easily and can use their +FUN Dollars at over 7,400 designated online and offline merchants, making the Card 'My Everyday Power'."

Helena Chen, Managing Director, Hong Kong and Macau, Mastercard, said: "Mastercard is glad to have collaborated with Hang Seng Bank in developing the new MMPOWER card, which has now expanded its customer base from young people to all those who embrace a diverse range of lifestyles. Mastercard is also honored that the MMPOWER card is the first credit card in the city to feature the special Touch Card creative design, opening up new possibilities for everyone via this new payment option while also benefitting people with visual impairments."

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MMPOWER card is also the first Mastercard "Touch Card" in Hong Kong, featuring a unique notch on the edge that allows people who are blind or partially visually impaired to distinguish the card by touch, combining style, functionality, and inclusivity through its accessible design.

Starting from today, successful MMPOWER card applicants can enjoy exclusive welcome offers, earning up to $700 +FUN Dollars or 10 MCL cinema movie tickets*. If they also open a "Preferred Banking" account, they can earn an additional $100 +FUN Dollars. In addition, Hang Seng Bank specially invited local popstar Jeffrey Ngai to endorse the MMPOWER card. After practicing with passion and determination, Jeffrey demonstrated his skateboarding skills together with local professional skateboarder "Chun Chai", showcasing the infinite possibilities and unique personalities embodied by MMPOWER card.

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• Please visit Hang Seng Bank website(www.hangseng.com/mpower)for relevant terms and conditions and other promotional offers. (The content above is provided for general information and reference only and is not intended to constitute any offer or solicitation of corresponding services.)

Borrow or not to borrow? Borrow only if you can repay!

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Photo Caption

Photo 1

Hang Seng Bank announced its collaboration with Mastercard to launch the new "MMPOWER World Mastercard", bringing upgraded rewards and benefits in customers' everyday spending. Pictured: Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank (second from left) and Helena Chen, Managing Director, Hong Kong and Macau, Mastercard (second from right).

Photo 2

The new "MMPOWER World Mastercard" offers up to 5% +FUN Dollars for both online and offline spending, enabling customers to fully embrace the advantages of cross-channel transactions to earn rewards faster, and enjoy "Everyday Power" anytime, anywhere. Pictured: Rannie Lee, Head of Wealth and Personal Banking at Hang Seng Bank (first from left) and Helena Chen, Managing Director, Hong Kong and Macau, Mastercard (middle).

Hang Seng Bank in Collaboration with Mastercard to Launch MMPOWER World Mastercard / Page 4

About Hang Seng Bank

Hang Seng Bank is celebrating its 90th anniversary this year. Founded in 1933, Hang Seng Bank has continually innovated to provide best-in-class,customer-centric banking, investment and wealth management services for individuals and businesses. It is widely recognised as the leading domestic bank in Hong Kong, currently serving more than 3.5 million customers.

Combining its award-winning mobile app and strong digital capabilities with a vast network of over 260 service outlets in Hong Kong, Hang Seng offers a seamless omni- channel experience for customers to take care of their banking and financial needs anytime, anywhere.

Its wholly owned subsidiary, Hang Seng Bank (China) Limited, operates a strategic network of outlets in almost 20 major cities in Mainland China to serve a growing base of Mainland customers locally and those with cross-boundary banking needs. The Bank also operates branches in Macau and Singapore, and a representative office in Taipei.

As a homegrown financial institution, Hang Seng is closely tied to the Hong Kong community. It supports the community with a dedicated programme of social and environmental initiatives focused on future skills for the younger generation, sustainable finance and financial literacy, addressing climate change and caring for the community.

Hang Seng is a principal member of the HSBC Group, one of the world's largest banking and financial services organisations. More information on Hang Seng Bank is available at www.hangseng.com.

About Mastercard (NYSE: MA),www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.