Transfer in Reward
Each Phillip account could enjoy one set of nine e-coupons, including HKD 50 Local Stock commission coupon, HKD 50 Local Stock interest coupon, HKD 100 IPO Subscription Fee, HKD 100 stock option commission, HKD 100 UT Subscription Fee and HKD 100 Foreign stock commission, For transferred HK/US stock with market value HKD 100,000 or above, two set of e-coupon plus one interest rebate coupon with nominal value HKD 300 for offsetting 50% IPO margin interest will be given ,so on and so forth. :
Stock Mkt value (HKD Equivalent) | e-Coupon of Interest Rebate | e-Coupon of commission and fee |
Local Stock Interest Rebate | IPO Interest Rebate(Note 1) | Local Stock commission Rebate | IPO Subscription Fee | Stock Option Commission | UT Subscription Fee | Foreign Stock Commission |
Less than $100,000 |
$50x3 |
N/A |
$50x2 |
$100X1 |
$100X1 |
$100X1 |
$100X1 |
$100,000 |
$50x3 |
$300X10 |
$50x3 |
$100X2 |
$100X2 |
$100X2 |
$100X2 |
$200,000 |
$100x3 |
$600X10 |
$50x4 |
$100X4 |
$100X4 |
$100X4 |
$100X4 |
$300,000 |
$100x3 |
$900X10 |
$100x3 |
$100X6 |
$100X6 |
$100X6 |
$100X6 |
$400,000 |
$100x3 |
$1,200X10 |
$100x4 |
$100X8 |
$100X8 |
$100X8 |
$100X8 |
$500,000 |
$200x3 |
$1,500X10 |
$100x5 |
$100X10 |
$100X10 |
$100X10 |
$100X10 |
$600,000 |
$200x3 |
$1,800X10 |
$200x3 |
$100X12 |
$100X12 |
$100X12 |
$100X12 |
$700,000 |
$200x3 |
$2,100X10 |
$200x3 |
$100X14 |
$100X14 |
$100X14 |
$100X14 |
$800,000 |
$300x3 |
$2,400X10 |
$200x4 |
$100X16 |
$100X16 |
$100X16 |
$100X16 |
$900,000 |
$300x3 |
$2,700X10 |
$200x4 |
$100X18 |
$100X18 |
$100X18 |
$100X18 |
$1,000,000 or above |
$500x3 |
$3,000X10 |
$200x5 |
$100X20 |
$100X20 |
$100X20 |
$100X20 |
Note 1: For every HKD100,000 market value of HK/US stock transferred, the nominal value of each coupon of IPO interest rebate will be increased by HKD 300, nominal limit capped to HKD 60,000. For transferred stocks with a market value of HKD 20 million or above, you can get 10 coupons with a nominal value of HKD60,000 each.
Terms and Conditions
- This promotion is effective from 1 August 2022 to 31 January , 2023 ("Promotion Period").
- The clients will be entitled a set of nine electronic cash coupons if successfully transfer Hong Kong or U.S stocks (no minimum requirement) into Phillip Securities account during the promotion period, including one HKD 50 Local Stock commission coupon, HKD 50 Local Stock interest coupon, HKD 100 IPO subscription fee coupon, one HKD 100 stock option commission coupon, one HKD 100 Unit Trust subscription fee coupon, and one HKD 100 foreign stock commission coupon.
For transferring HK/US stock with market value of HKD 100,000 or above, two sets will be given, so on and so forth. Maximum value is HKD 10,500, i.e. client will be entitled maximum 20 electronic coupons in one day.
- The client shall be also entitled ten electronic coupons for offsetting IPO margin interest with nominal value HKD 300 each. For transferring HK/US stock with market value not lower than HKD 100,000 during the promotion period. For every additional HKD100,000 market value of HK/US stock transferred, the nominal value of each coupon will be increased by HKD 300, the maximum nominal value is HKD 60,000. i.e. client will be entitled 10 electronic coupons with nominal value HKD 60,000 by transferring in stock with market value HKD 20 million or above.
- E-coupon will be deposited in stock account after 2 working days of transferring in stock successfully
- The total market value of the transferred shares is based on the closing price of the settlement date.
- The issued E-coupons are valid for 180 days from the date of issuance.
- The E-coupon is only for redemption of commission,handling fee and interest. All e-coupons are not transferable, nor can they be exchanged for cash or any discounts.
- E-coupon will be granted for transferring stock from bank or other brokerages, and physical deposit only.
- Phillip Securities Group reserves the right to change the relevant terms and conditions without prior notice. In case of any dispute, the company has the final and irreversible decision.