Fubon Bank Privileged Cash Card Offers First 6 months Interest Rate as low as 3% p.a., Bonus Points Program and Savings Interest for Credit Balance

Fubon Bank (Hong Kong) Limited (“Fubon Bank”) announced the launch of an innovative revolving personal loan – Privileged Cash Card – a product that lives up to the bank’s Value Banking proposition. The newly launched Privileged Cash Card not only offers a credit facility at a very attractive interest rate, but also many innovative features such as a bonus points program, savings interest on credit balance and securities trading benefits.

Privileged Cash Card customers can enjoy an introductory interest rate as low as 3% p.a. for the first six months, after which the interest rate can be as low as 7% p.a.. Interest will be calculated on a daily basis and no interest will be charged on the repaid or unused facility limit. What’s more, the annual fee is perpetually waived.

To make the product even more value-for-money, Fubon Bank will reward customers with 1 bonus point for every HK$1 loan advance. With as few as 10,000 bonus points, customers can redeem a HK$50 cash rebate or cash coupons for renowned merchants. Another innovative benefit offered by Privileged Cash Card that customers receive savings interest on the credit balance of the account.

Privileged Cash Card customers also enjoy one-time interest and handling fee waivers for securities margin on IPOs for the remainder of 2005. Moreover, Privileged Cash Card customers who open a new securities account also receive commission waivers for securities trading in the first month as well as a half-year custody fee waiver.

Privileged Cash Card customers can withdraw cash via any JETCO ATM 24 hours a day or at any Fubon branch. The facility limit will be restored automatically after each repayment, allowing multiple usages without re-application or any charges. Customers can freely arrange their repayment schedules in accordance with their financial situation. The monthly minimum payment is only 3% of the statement balance or HK$50 (whichever is higher).

Ms. Shera Lee, Senior Vice President and Head of Consumer Banking said, “Privileged Cash Card offers more than just a revolving personal loan. We always put ourselves in the consumers’ place when designing a product or service. We understand our customers’ needs and this product demonstrates our promise of value banking. ”

Privileged Cash Card can be applied via the Express Approval hotline at 2566 8181. Customers can even obtain a preliminary approval status within 30 minutes. The approved loan amount can be credited to the customers’ designated bank account within 36 hours upon receipt of required documents.

Fubon Bank is a full-service banking corporation in Hong Kong providing a wide range of banking and financial services including consumer finance, retail and commercial banking, equipment leasing and investment services. Fubon Bank services its customers through 29 service outlets including Superbranches, Ambassador Centers and Securities Services Centers as well as ATMs, PhoneBanking, and e-banking service at www.fubonbank.com.hk. Fubon Bank is listed on The Stock Exchange of Hong Kong Limited and is rated A-3 short-term, BBB long-term by Standard & Poor’s. Fubon Financial Holding Co., Ltd., a leading Taiwan financial institution, acquired a 75% shareholding in Fubon Bank in April 2004.