Terms and Conditions for “Win 3X Returns of December Lucky Draw Campaign”

  1. “Win 3X Returns of December Lucky Draw Campaign” is valid from 1st December 2024 to 31st December 2024.
  2. In order to participate in this Campaign, Customers need to be Cardholders who make successful payments with KBZ Bank Credit Cards (VISA, MPU-UnionPay and MPU) at KBZ POS.
  3.  During this Campaign period, Cardholders have to make a minimum spending of 1 Lakh (100,000)MMK per voucher within the Campaign period (31 days) with KBZ Credit Cards on KBZ POS and get a chance, a chance to win up to 10 Lakhs (1,000,000) MMK, to participate automatically in the Campaign.                                
  4. The following prizes will be included in the Campaign:
  • Grand Prize  (1 Prize) – 3 times of total spending amount within the Campaign period  (Up to 1,000,000 MMK)
  • 1st  Prize (1 Prize) –  2 times of total spending amount within the Campaign period (Up to 500,000 MMK)
  • 2nd  Prize (1 Prize) –  1 time of total spending amount within the Campaign period (Up to 300,000 MMK)

5.     The winners of the Campaign will be announced within (7) working days after the campaign’s end date on KBZ Bank’s Facebook Official Page (with blue mark) and Official Website. The winners must acknowledge and agree that KBZ Bank may use the winner’s name and phone number (not the full phone number) to announce on social media and on the official website. The winners need to be active users and non- delinquent users of our credit cards.

6.  The date of announcement of the winners on KBZ Bank’s Facebook Official Page (with blue mark) and Official Website and then the lucky draw prize amount will be credited directly to the KBZ Bank account linked by KBZ Bank Credit Card (VISA, MPU-UnionPay, and MPU) of the winner within (7) working days after the winner announcement. 

7. The winner will receive a SMS from KBZ Bank after the lucky draw prize has been credited. The SMS message will include the prize won by the winner. The date of announcing the winners and the date for crediting the lucky draw prizes may vary due to public holidays or circumstances beyond KBZ Bank’s control.     

8. KBZ Bank employees will not contact participants in the Campaign to ask for OTP or PIN.

9.     Lucky draw prizes are not allowed to claim on behalf of the lucky draw winners. 

10.   During this Campaign period, the Cardholders of KBZ Bank Credit Card (VISA, MPU-UnionPay, and MPU) will be entitled to enjoy the benefits stated in these Terms and Conditions, which will expire at the end of this campaign period.

11.      Customers are strictly forbidden to involve in any other form or manner of fraudulent activity during this Campaign. KBZ Bank has the right to cancel and/or ban any customer who is suspected to be involved in any form and/or manner of fraudulent activity.

12.     In the event of any dispute arising between KBZ Bank Credit Card Customers and KBZ Bank regarding this Campaign, such dispute will be examined carefully and finally resolved by the authorized officers of KBZ Bank without any prejudice to the statutory rights of the Customers.

13.      KBZ Bank, at any time, shall have the right to amend or cancel or terminate the Terms and Conditions and or campaign and the benefits or features regarding this campaign conditionally for some reasons without giving any notice.

14.      Customer acknowledges and agrees that there is no right to receive any compensation as a result of cancellation or termination of this Campaign for some reasons and/or variation to these Terms and Conditions without giving any notice.

15.        All normal KBZ Bank Card Terms and Conditions shall also apply.

16.      These Terms and Conditions shall be governed by and construed in accordance with the laws of the Republic of the Union of Myanmar.

17.    KBZ reserves the right to revise initiatives introduced in response to COVID-19 and natural disasters or force majeure events at any time, as the situation evolves. KBZ will not be liable to the Customer or any other party or be considered in breach of these Terms and Conditions for a failure to perform, or delay in performing, any such obligation set out in these Terms and Conditions during those circumstances.

18.      These Terms and Conditions are made both in English and Myanmar and both versions     shall be equally authentic and effective. In case of any discrepancy between the two versions, the Myanmar version shall prevail.