HSBC Aldo and Mothercare Promo

HSBC joins Aldo and Mothercare from 09 September to 30 November so you can indulge in a month’s worth of great installment offers.

ALDO mothercare

Per DTI-NCR Permit Nos. 7824 and 7822, Series of 2011.

Participating Mothercare and Aldo stores in this promotion are the following:

ALDO participatign stores

mothercare participating stores

HSBC’s Installment Plan Terms and Conditions

  1. HSBC’s 0% Installment Plan Added Delight Promo with Mothercare and Aldo (“Promo”) is valid from September 9 toNovember 30, 2011.
  2. The Promo allows HSBC credit cardholders in good standing to avail of HSBC’s Installment Plan (“HIP”) for 3 months installment term at 0% interest during the Promo period. A minimum purchase amount of P3,000 (either for regular and sale items) is required to qualify for HIP.
  3. During the promo period, HSBC cardholders who meet the minimum sales requirement of Php 2,500 will also enjoy a Php 250 discount voucher from Mothercare or Aldo with the following details:
    1. The discount voucher is worth Php 250
    2. Voucher may be used by the cardholder on next purchase of any regular priced item
    3. One discount voucher only per transaction
    4. Discount voucher is valid from Sept 9, 2011 to Sept 9, 2012
  4. HSBC’s Installment Plan Terms and Conditions apply to the extent not inconsistent herewith:
    1. HSBC’s Installment Plan (“HIP”) is the installment facility of The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), which allows an HSBC credit cardholder (“Cardholder”) to purchase selected goods and services from accredited HIP merchants in the Philippines using their HSBC credit card (“the Card”) and pay for the same, together with applicable interest and other fees, on installment basis. In certain instances or promotions, HSBC may, at its sole discretion, allow the Cardholder to convert into installment transaction purchases made using the Card at non-accredited HIP merchants.
    2. The Cardholder agrees that HSBC may at its option require a minimum purchase amount to qualify for HIP.
    3. The Cardholder agrees that the beneficial title to the goods purchased through HIP, including any and all replacements, accessions and accessories thereto, shall remain with HSBC until the total HIP installment price is paid in full. The Cardholder shall, in the meantime, possess and hold the same in trust for HSBC.
    4. The Cardholder agrees not to alter, return, pledge, mortgage, sell, assign, pawn, lease or part with the possession of the goods without the prior written consent of HSBC and until and unless the Cardholder shall have paid the total HIP installment price including all other charges that may arise out of the purchase.
    5. The Cardholder acknowledges that the total HIP installment price shall be deducted from the available credit limit on the HSBC credit card account at the time of approval, but shall be posted in fixed equal monthly installment amounts on each statement of account. The fixed monthly installment amount shall be posted as a regular transaction and shall form part of the Total Amount Due on each statement of account. The Cardholder shall have the option to pay the Minimum Amount Due, which is computed as 4% of the Total Amount Due, every month. If he does so, or if he revolves any portion of the Total Amount Due in any given month, the fixed monthly installment amount shall be included in the computation of the Finance Charge and Late Payment Charge (if applicable) for that month. The Cardholder shall be liable to pay these charges, plus any applicable taxes and charges required by the government thereon, over and above the applicable interest due on the installment transaction. The finance charges, at HSBC’s prevailing rate, will be levied using the average daily balance method upon the Cardholder’s opening balance and all new transactions posted, including any applicable fixed monthly installment amount and interest thereon, within the statement period accrued from the transactions’ posting date until the end of the current statement period.
    6. The use of the Card in connection with HIP shall be subject to the Terms and Conditions governing HSBC’s Credit Card Products to the extent not inconsistent herewith.
    7. The Cardholder’s availment of HIP shall be considered his/her acceptance of and agreement to be bound by these terms and conditions and such amendments hereof as may be made by HSBC and advised from
      time to time.
    8. HIP cannot be availed of in conjunction with ongoing HIP Merchant, other HSBC credit card and/or
      government promotions.
    9. HIP is available in select branches and over select items of the HIP merchant. The HIP Merchants listed in this material are current as of print date. HSBC reserves the right to change the line-up of HIP Partner Merchants participating in the HIP program from time to time. The latest list of HIP merchants may be found at HSBC’s websitewww.hsbc.com.ph. The items included in the 0% Interest Installment Plan and/or in the Deferred Payment Plan, shall be identified in the price tag of the item.
    10. In case of pre-termination or cancellation of the HSBC Installment Plan transaction before the end of the chosen repayment period, HSBC reserves the right to charge to the cardholder’s account a processing fee of Five Hundred Pesos (P500).
  5. Participating Mothercare and Aldo stores in this promotion are the following:Mothercare Stores – TriNoma, Shangrila Mall, Greenbelt 5 and Robinsons GalleriaAldo Stores – Bonifacio High Street, Greenbelt 5, Power Plant Mall, Robinsons Place Manila, Robinsons Galleria, Shangrila Plaza, SM City North Edsa (The Block), SM Mall of Asia, SM Megamall, TriNoma, Ayala Cebu and SM Southmall (to open by August 2011)
  6. All matters and disputes relating to this Promo shall be subject to the final decision of HSBC, Mothercare, and Aldo with the approval of the DTI.
  7. All installment purchases are subject to the Terms & Conditions governing the issuance and use of HSBC Credit Cards and all related provisions of the HSBC 0% Installment Program. The 0% interest installment program is valid provided monthly bill is paid in full.

Aldo – DTI permit number 7824 Series of 2011
Mothercare – DTI permit number 7822 Series of 2011

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