DBS Hong Kong Launches New Exclusive Cash Rebate Offer for DBS COMPASS VISA with KMB

Hong Kong.03 Jul 2023

Cash rebate for KMB bus rides and grocery shopping in all supermarkets Truly enabling our customers to Live more, Bank less


Hong Kong, 03 Jul 2023 - DBS Bank (Hong Kong) is pleased to announce the launch of its latest promotions in partnership with The Kowloon Motor Bus Company (1933) Limited (“KMB”)  and Visa. From 1 July to 30 September 2023, DBS COMPASS VISA cardholders can enjoy an HK$2 cash rebate^ on a single bus ride fare of HK$10 or above at KMB or Long Win Bus Company Limited (“LWB”). Moreover, cardholders can also take advantage of the Super Wednesday offer to shop with up to 10% COMPASS Dollar rebate in all supermarkets* and Taobao shops and participate in “COM-to-Play” Mini Game via DBS Card+ app to earn extra rewards.
The KMB promotion aims to provide customers with a convenient and cost-effective way to commute around Hong Kong. Customers can enjoy an HK$2 cash rebate on a single bus ride fare of HK$10 or above simply by tapping their DBS COMPASS VISA to pay for their bus fare during the promotion period.

In addition, DBS COMPASS VISA cardholders can also enjoy two exciting promotions. Super Wednesday allows customers to enjoy up to 10% COMPASS Dollar rebate in all supermarkets* and Taobao shops every Wednesday, with a minimum spend of HK$100, and applicable to the first HK$2,000 Eligible Spending in each month. Customers can also participate in “COM-to-Play” Mini Game via DBS Card+ app upon making a single net transaction of HK$200 or above at designated spending categories# for a chance to win up to $5,000 COMPASS Dollar**.

Emily Ip, Executive Director, Head of Cards and Unsecured Lending, Consumer Banking Group and Wealth Management of DBS Bank (Hong Kong) Limited said, "We are thrilled to partner with KMB and Visa to offer our customers these fantastic promotions. We believe these promotions will make a real difference to our customers for travelling and shopping around Hong Kong, allowing them to truly live up to our brand promises – Live more, Bank less."

Joseph Leung, Finance Director of KMB, said, KMB is dedicated to providing affordable and efficient bus services for the public with various fare concession schemes. KMB is proud to join hands with DBS Bank and Visa to launch a new and compelling credit card offer for our passengers. We believe the new offer is just a fit for those who will travel around and discover seasonal experiences locally during summer, allowing them to make the most out of the holiday while enjoying KMB’s good value-for-money bus services.

Paulina Leong, General Manager of Visa Hong Kong and Macau said, “Buses have always been a big part of our everyday lives, so we are excited to be a part of this partnership promotion that will benefit many commuters and riders across Hong Kong. Visa's seamless and convenient tap-to-pay solution on KMB buses together with DBS Bank's fabulous offers will make everyday commute and daily purchases even more rewarding. Visa will continue to create an inclusive payment network to help consumers realize the convenience of their Visa card and how easy it is to pay for their everyday spends.”

^ Cash Rebate is limited to a total of 300,000 quotas (100,000 quotas for each calendar month) and is on a first-come-first-served basis.

* “Local Supermarket Transaction” refers to any posted retail transactions made at the physical store, online store or the respective mobile applications of supermarkets in Hong Kong. The definition of Local Supermarkets refers to the merchant codes and transaction types as defined by Visa or a merchant's acquiring bank.

♦ Including but not limited to the net spending amount after redeeming COMPASS Dollar, using merchant discount offer(s) and/or staff offer(s).

# Designated spending categories (physical or online stores) include Fashion & Apparel, Department Stores, Household Appliances/Electronic Goods, Home Furniture / Decorations and Gasoline.

** Each Principal Cardholder can participate in the Mini Game up to 2 times per calendar month during the promotion period. The Promotion is only applicable to the first 35,125 completed Eligible Transactions per calendar month during the Promotion Period. Prize quotas apply and are available on a first-come first-served basis until the quota is full.

The above offers are subject to terms and conditions, please refer to DBS Bank (Hong Kong) website for details.

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

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About DBS 

DBS is a leading financial services group in Asia with a presence in 19 markets. Headquartered and listed in Singapore, DBS is in the three key Asian axes of growth: Greater China, Southeast Asia and South Asia. The bank's "AA-" and "Aa1" credit ratings are among the highest in the world.

Recognised for its global leadership, DBS has been named “World’s Best Bank” by Global Finance, “World’s Best Bank” by Euromoney and “Global Bank of the Year” by The Banker. The bank is at the forefront of leveraging digital technology to shape the future of banking, having been named “World’s Best Digital Bank” by Euromoney and the world’s “Most Innovative in Digital Banking” by The Banker. In addition, DBS has been accorded the “Safest Bank in Asia“ award by Global Finance for 14 consecutive years from 2009 to 2022.

DBS provides a full range of services in consumer, SME and corporate banking. As a bank born and bred in Asia, DBS understands the intricacies of doing business in the region’s most dynamic markets. DBS is committed to building lasting relationships with customers, as it banks the Asian way. Through the DBS Foundation, the bank creates impact beyond banking by supporting social enterprises: businesses with a double bottom-line of profit and social and/or environmental impact. DBS Foundation also gives back to society in various ways, including equipping communities with future-ready skills and building food resilience.

With its extensive network of operations in Asia and emphasis on engaging and empowering its staff, DBS presents exciting career opportunities. For more information, please visit www.dbs.com.

 

About KMB

KMB, established in 1933, is the largest franchised bus operator in Hong Kong, serving more than 2.6 million passenger-trips each day. A workforce of more than 12,000 employees, of which around 9,000 are bus captains, ensures that customers enjoy high-quality services on a fleet of around 4,000 buses operating on 433 routes.

KMB is dedicated to providing bus services with the best travel experience for the public through a value-for-money service and a comprehensive bus service network. We also believe that innovation and technology are the key to benefitting the industry and communities by facilitating a convenient, diversified and sustainable travel environment.

We have installed a diversified electronic payment system in our fleet. The e-payment system, which supports all existing routes, has become applicable to all KMB and LWB routes since 2022, making KMB and LWB the bus industry players that accept the most diverse electronic payment methods among public transport operators. The eleven contactless payment options available include credit cards, digital wallets on mobile devices, smartwatches, and QR codes for an easy, fast and convenient bus fare payment.