Yippie Children Savings Account Promotion


Terms and Conditions
  1. Promotion period: 7 months from 1 June to 31 December 2014.
  2. The promotion is open to all new and existing Maybank Yippie account holders.
  3. New customers who open a Yippie account with a minimum opening amount of $100 or existing Yippie accountholders who top up a minimum $100 will be eligible for one stamp entry for the redemption program and eligible to participate in the Grand Lucky draw at the end of the campaign.
  4. The number of Grand lucky draw entries will be determined by the deposit increase based on average monthly balance from 1 June 2014 to 31 December 2014. Every $100 will be entitled to one lucky draw entry. The average monthly balance as at 31 May 2014 will be used as the baseline. If the average balance for the campaign period (June-December) is lower than the baseline, the customer will not be eligible to participate in the lucky draw.

Example 1:  Existing customer who has account with MCP with an average monthly balance of $2,000 in May 2014.

Month

Description

Average Balance
(USD)

Deposit Increase
(USD)

# Ticket Offered

May

Average Monthly Balance (baseline)

                 2,000

 -

-

June

Average Monthly Balance

3,000

-

-

July

Average Monthly Balance

1,000

-

-

Aug

Average Monthly Balance

1,000

-

-

Sept

Average Monthly Balance

2,000

-

-

Oct

Average Monthly Balance

1,000

-

-

Nov

Average Monthly Balance

5,000

-

-

Dec

Average Monthly Balance

5,000

-

-

Grand Draw

Average Balance for 7 months (June-Dec)

2,571

571

5

The average balance Jun-Dec will be calculated as below:

Average Balance June-Dec =   

Avg Balance Jun+ Avg balance July +……+Avg balance Dec

7 months

 

Example 2: New customer has opened an account in July and deposit $100.

Month

Description

Average Balance
(USD)

Deposit Increase
(USD)

# Ticket Offered

June

Average Monthly Balance

-

-

-

July

Average Monthly Balance

100

-

-

Aug

Average Monthly Balance

300

-

-

Sept

Average Monthly Balance

500

-

-

Oct

Average Monthly Balance

700

-

-

Nov

Average Monthly Balance

500

-

-

Dec

Average Monthly Balance

500

 

Grand Draw

Average Balance for 7 months (June-Dec)

371

3

 

Example 3: Existing who did not join the campaign when it started but decided to join later in August. The average monthly balance in May was $2000.

Month

Description

Average Balance
(USD)

Deposit Increase
(USD)

# Ticket Offered

May

Average Monthly Balance

2,000

 

June

Average Monthly Balance

100

-

-

July

Average Monthly Balance

100

-

-

Aug

Average Monthly Balance

2,000

-

-

Sept

Average Monthly Balance

2,000

-

-

Oct

Average Monthly Balance

2,200

-

-

Nov

Average Monthly Balance

500

-

-

Dec

Average Monthly Balance

3,000

-

-

Grand Draw

Average Balance for 7 months (June-Dec)

1414

(586)

0

  1. A collection of 10 stamps will be entitled for the redemption of one Lego toy from the Lego “Friends”, “City” and “Racers” series. The toys are available while stocks last.
  2. Customers are encouraged to maintain their saving in the Yippie account throughout the duration of the campaign. However, if customer still wishes to opt for withdrawals, a fee of $5 per withdrawal of up to $1,000 (up to a maximum fee of $20) will be imposed for withdrawals made within the campaign period.
  3. Customers will be requested to sign an agreement form to participate in the promotion at the beginning of the campaign, and henceforth will be bound by the terms and conditions of this campaign. Customer can choose not to participate in the campaign by advising the branch staff and not sign on the agreement form to avoid the charge of penalty fee as a result of withdrawals. In this regard, the customer will not be eligible to participate in the campaign and enjoy the gift redemption and lucky draw.
  4. Deposits made for the incremental average balance shall only apply to fresh funds that are deposited into the eligible customer’s participating account(s) during the Campaign period. Fresh funds refer to funds that do not originate from an existing account(s) with Maybank.
  5. At the end of the promotion period, the Bank will review each eligible accountholder’s average monthly balance to determine the number of eligible lucky draw tickets for each accountholder.
  6. Accountholder’s eligibility and accumulated deposit balance/growth will be tracked automatically by the Bank’s system. No contest entry form or registration of participation is required. 
  7. There is no limit to the number of lucky draw tickets; however, each lucky draw winner will be entitled to one grand prize only. The prize is a package tour (3 days 2 nights for 2 adults and 1 child to the following destination: (1) Trip to Legoland Malaysia Resort, or (2) Trip to Resorts World Sentosa Singapore (Universal Studios Singapore).
  8. The lucky draw will be conducted in January 2015 after the campaign period. The lucky draw event will be done electronically and held at a location to be determined by Maybank.
  9. Accountholder who closes his/her account(s) before the selection of the winner is completed and announced shall not be entitled to receive any Prize under the Campaign.
  10. Winners will be announced and published through Maybank2u webpage (www.maybank2u.com.kh) or any other media and through phone notification or any other method of communication that the Bank shall at its discretion to choose. If despite all reasonable efforts the organizer is unable to locate or contact the winner, another winner will be selected.
  11. All Maybank staff and immediate family members (spouse and children) are NOT entitled to participate in this program.
Others Terms & Conditions
  1. The Bank reserves the right to withhold the prize or disqualify any contestant’s entry in the event that any contestant fail or refuse to comply with the Campaign Terms & Conditions.
  2. Winners will be announced and published through the Maybank2u webpage at www.maybank2u.com.kh or any other media and through phone notification or any other method of communication that the Bank shall at its discretion choose. If despite all reasonable efforts the organizer is unable to locate or contact the winner, another winner will be selected.
  3. An account holder claiming to be the prize winner will be required to provide proof of identity.
  4. The prizes must be accepted on “as-awarded” basis and cannot be returned, substituted or redeemed for cash. Maybank shall be entitled at its discretion to replace all or any of the prizes with items of equivalent value and shall notify the same to the winners.
  5. Winners may be required to attend the prize presentation ceremony or other public programs as and when required.
  6. By participating in this Campaign, the accountholders authorizes Maybank to disclose their particulars for the purpose of this Campaign.
  7. By participating in this Campaign, all account holders are deemed to have accepted and agreed to be bound by these Terms & Conditions herein set forth.
  8. These Terms & Conditions shall be supplemental to the existing Terms & Conditions governing Banking Accounts. These Terms & Conditions shall prevail over any provisions or representations contained in any promotional materials (including without limitation printed posters or leaflets) advertising this Campaign.
  9. Maybank’s decision on all matters relating to this Campaign and in case of any dispute is final, conclusive and binding on all eligible participants of this Campaign. No further correspondence, appeals, protests or attempts to dispute the same will be entertained in any event.
  10. Maybank shall not be responsible and/or liable nor shall it accept any form of liability whatsoever nature and howsoever arising or suffered by customers resulting directly or indirectly from the customers’ participation in the Contest or otherwise. Furthermore, Maybank shall not be liable for any default of its obligation under the Contest due to any force majeure event which include but not limited to act of God, war, riot, lockout, industrial action, fire, flood, drought, storm or any event beyond the reasonable control of Maybank.
  11. The Bank reserves the rights to vary, supplement, delete, amend or modify any of the Terms & Conditions contained herein, wholly or in part at any time and to withdraw, cancel, suspend, extend or terminate this Campaign earlier in whole or in part at its absolute discretion and shall provide notification of the same to the customers through Maybank2u website at www.maybank2u.com.kh or through any other channel or channels that the Bank may deem as appropriate.
  12. To the fullest extent permitted by law, Maybank expressly excludes and disclaims any representations, warranties, or endorsements, express or implied, written or oral, including but not limited to any warranty of quality, merchantability or fitness for a particular purpose in respect of the Prizes. For prizes produced by third party providers, the Winners at the Winner’s sole cost and expense, communicate and deal directly with the third party provider in relation to any issue arising from or related to the Prizes.