12th December 2022 - 5 min read
Hong Leong Bank (HLB) is currently running its Bid It, Win It! campaign, which offers 600 prizes to be won by the bank’s Visa credit cardholders, including exclusive items such as iPhone 14 Pro, vacation trips, hotel stays, and cashback rewards.
Open to all new and existing HLB Visa credit cardholders, this campaign is given a unique spin as you’re allowed to choose whether you would like bid, or join an entry contest to be in the running for selected prizes. Before you can decide on that, however, you will first need to earn bid points by using your Visa credit card to spend on qualifying transactions from any of the following tiers:
Qualifying transactions | Qualifying amount | Bid points to be awarded | Cap on bid points that can be earned |
Purchases at any merchants in local currency (except for other transactions listed in the other tiers below) | Every RM50 in a single transaction | 1 bid point | – 500 points in a single transaction – 500 points from the same merchant in a campaign month |
– Payments made via Google Pay – Purchases made with easy payment plans – Payments made to insurance or utilities merchants – Purchases made in foreign currency | Every RM50 in a single transaction | 5 bid points | – 500 points in a single transaction – 500 points from the same merchant in a campaign month |
Successful application of quick cash or balance transfer | Every RM500 of approved amount | 5 bid points | – 500 points |
Weekend lunch and dinner spend – Lunch: 12pm to 2.59pm – Dinner: 7pm to 11:59pm | Every RM50 in a single transaction | 10 bid points | – 500 points in a single transaction – 500 points from the same merchant in a campaign month |
Weekend spend (Saturday and Sunday) – Dining – Retail shopping – Electronics – Furniture – Departmental Stores – Dining – Petrol – Groceries – Pharmacy | Every RM50 in a single transaction | 10 bid points | – 500 points in a single transaction – 500 points from the same merchant in a campaign month |
Transactions on selected merchant categories during selected events by HLB (announced at least 48 hours before commencement) | Every RM50 in a single transaction | 20 bid points | N/A |
In the event that a qualifying transaction is eligible to earn bid points from two or more tiers, note that you will only receive points for the tier that gives you the highest amount of bid points. All bid points earned will be awarded to you according to the following schedule:
Campaign months | Qualifying transaction date | Bid points to be credited by |
1 | 9 Dec – 31 Dec 2022 | Before or on 12 Jan 2023 |
2 | 1 – 15 Jan 2023 16 – 31 Jan 2023 | Before or on 30 Jan 2023 Before or on 15 Feb 2023 |
3 | 1 – 15 Feb 2023 16 Feb – 8 Mar 2023 | Before or on 28 Feb 2023 Before or on 20 Mar 2023 |
Along with these bid points, you’ll also receive an SMS or email notification that contains your login details to a campaign account on the HLB Bid It, Win It! website, the URL link to the website, and your total bid points thus far.
As you collect these bid points during the campaign period, the actual fun takes place between 13 January to 31 March 2023 – when you can start utilising your bid points to win prizes! As we’ve said earlier, you can opt to do either of the following:
All the details of the bidding prizes and contest prizes will be published on the campaign website, with new prizes to be unveiled on a daily basis. Again, remember to take note of the various terms and conditions that come with your participation in the “Bid It” or “Win It” section:
Sections | Terms and conditions |
“Bid It” section | – Prizes will be available to for bidding for up to five days. – Cardholders can only raise the recent bid amount by between 1 to 10 bid points. – Cardholders is only allowed to place a bid if he/she does not have a recent bid on two other bidding prizes. – Each cardholder is only allowed to win up to three bidding prizes throughout campaign period. – Cardholders who do not win their preferred prizes will regain their bid points after the bid closes. |
“Win It” section | – Contest entries for each contest prize must be submitted before the closing date indicated on the website (multiple submissions allowed). – Cardholders are required to answer a question from HLB during the submission process. – Winners of each contest prize will be selected via a randomiser programme after that. – Winners will be announced within 60 days from the end of the campaign period. |
If you win any prizes through this campaign, HLB will contact you regarding the fulfilment details within 100 days after the end of the campaign period. These details will be sent to you either via email or SMS.
Finally, note that no registration is required to participate in HLB’s Bid It, Win It! campaign. All eligible credit cardholders will be automatically enrolled to earn bid points if they are eligible for it. Already ongoing, the campaign is set to run until 31 March 2023.
(Source: Hong Leong Bank)
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