OREANDA-NEWS. February 15, 2012. The Bank of East Asia (“BEA”) announces the launch of its new Kid Master Chinese New Year promotion. From now until 31st May, 2012, customers who open a Kid Master Savings Account with an initial deposit of just HKD 3,000 will receive a McDonald’s gift certificate worth HKD50, reported the press-centre of BEA. 

New and existing Kid Master customers who successfully enrol in a life insurance plan offered by the Bank’s life insurance arm, BEA Life Limited, (except the Investment-linked Assurance Scheme) during the promotional period will also receive a gift certificate from The Commercial Press worth HKD 50.

In addition, parents can enjoy a discount of up to 50% on the first premium payment when they enrol in a Domestic Helper Protection Insurance* plan. What’s more, customers will receive a Kid Master Special Offer Booklet, which includes attractive discounts on a variety of medical check-up plans.

“With a Kid Master account, parents can instill good saving and spending habits in their children, while they enjoy managing the account together,” says Mr. Simon Lau, BEA’s General Manager & Head of Personal Banking Division. “Chinese New Year is an ideal time to open an account, as children can set aside their red packet money for future use, and enjoy a wide range of special offers” he adds.

Kid Master is BEA’s comprehensive children’s savings plan that includes:

a Kid Master Savings Account, with a minimum account opening requirement of HKD 10 only;

tailor-made insurance plans for children including Education Savings Insurance*,

Target Savings Insurance*, and Hospital Medical Insurance*; and

Cyberbanking, the Bank’s award-winning electronic banking service.

To open a Kid Master account, customers may visit their nearest BEA branch. For more information, please call BEA’s Customer Service Hotline on (852) 2211 1311, or visit the Bank’s homepage at www.hkbea.com.

Note:
* The above insurance plans are underwritten by Blue Cross (Asia-Pacific) Insurance Limited, which is a member of the BEA Group.