Common use of % Cash Back Programme Clause in Contracts

% Cash Back Programme. 12.3.1 Subject to the terms herein, Principal Cardmember will be entitled to 0.5% Cash Back capped at Ringgit Malaysia 50 (RM50) monthly for each transaction of Ringgit Malaysia One (RM1.00) in respect of purchases made with the Principal Card except transactions fall under the following categories: a. Government Services – MCC 9211, 9222, 9223, 9311, 9399, 9402, 9405 b. Utilities – MCC 4900 c. E-Wallet Top-ups d. Payment via JomPay and Financial Payment Exchange (FPX) e. Cash Withdrawals f. Refunded, disputed, unauthorized or fraudulent retail transactions. 12.3.2 Supplementary Cardmember is not entitled for this 0.5% Cash Back programme. 12.3.3 KFH Malaysia shall modify or alter the percentage of Cash Back awarded for each RM1.00 transacted on the Card with prior notice to the Cardmember by giving twenty one days (21) calendar days notice to Cardmember. 12.3.4 No Cash Back will be awarded in respect of any cash withdrawal utilizing the Card from the Account. 12.3.5 The Cash Back will be credited into the Designated Account on a monthly basis not later than Ten (10th ) of the following month. 12.3.6 No Cash Back will be awarded upon the cancellation of the Card or during an inactive card status as determined by KFH Malaysia. 12.3.7 KFH Malaysia may deduct or cancel any Cash Back from any Cardmember or Designated Account who have commited of suspected of commiting any fraudulent, wrongful or unlawful acts in relation to KFH Debit Card-i. 12.3.8 KFH Malaysia shall not be responsible or liable for any inconvenience, loss or damage suffered by a Cardmember as a consequence of, and without limitation to the followings: - a. Any malfunction, defect or error in any card terminal or other systems of authorisation howsoever caused resulting in a failure to determine the total Cash Back in any Card account or a failure to effect or complete any Transaction; or b. Any delay or inability on the part of KFH Malaysia to perform any of its obligations pursuant to this Agreement as a result of any electronic, mechanical, system, data processing or telecommunication defect or failure, or any other event outside the control of KFH Malaysia. 12.3.9 KFH Malaysia may amend, alter, cancel or replace the Reward Programme with alternative customer loyalty programme deemed suitable by KFH Malaysia by giving the Cardmember twenty one (21) calendar days notice.

% Cash Back Programme. 12.3.1 Subject to the terms herein, Principal Cardmember will be entitled to 0.5% Cash Back capped at Ringgit Malaysia 50 (RM50) monthly for each transaction of Ringgit Malaysia One (RM1.00) in respect of purchases made with the Principal Card except transactions fall under the following categories: a. Government Services – MCC 9211, 9222, 9223, 9311, 9399, 9402, 9405 b. Utilities – MCC 4900 c. E-Wallet Top-ups d. Payment via JomPay and Financial Payment Exchange (FPX) e. Cash WithdrawalsWithdrawals and Fund Transfer f. Refunded, disputed, unauthorized or fraudulent retail transactions. 12.3.2 Supplementary Cardmember is not entitled for this 0.5% Cash Back programme. 12.3.3 KFH Malaysia shall modify or alter the percentage of Cash Back awarded for each RM1.00 transacted on the Card with prior notice to the Cardmember by giving twenty one days (21) calendar days notice to Cardmember. 12.3.4 No Cash Back will be awarded in respect of any cash withdrawal utilizing the Card from the Account. 12.3.5 The Cash Back will be credited into the Designated Account on a monthly basis not later than Ten (10th ) of the following month. 12.3.6 No Cash Back will be awarded upon the cancellation of the Card or during an inactive card status as determined by KFH Malaysia. 12.3.7 KFH Malaysia may deduct or cancel any Cash Back from any Cardmember or Designated Account who have commited of suspected of commiting any fraudulent, wrongful or unlawful acts in relation to KFH Debit Card-i. 12.3.8 KFH Malaysia shall not be responsible or liable for any inconvenience, loss or damage suffered by a Cardmember as a consequence of, and without limitation to the followings: - a. Any malfunction, defect or error in any card terminal or other systems of authorisation howsoever caused resulting in a failure to determine the total Cash Back in any Card account or a failure to effect or complete any Transaction; or b. Any delay or inability on the part of KFH Malaysia to perform any of its obligations pursuant to this Agreement as a result of any electronic, mechanical, system, data processing or telecommunication defect or failure, or any other event outside the control of KFH Malaysia. 12.3.9 KFH Malaysia may amend, alter, cancel or replace the Reward Programme with alternative customer loyalty programme deemed suitable by KFH Malaysia by giving the Cardmember twenty one (21) calendar days notice.