MoneyHero: Credit Score & More vs WeLab Bank - HK Digital Bank Usage & Stats

WeLab Bank understands your needs. We help you manage, save & grow your money, so you can live life the way you want. • Open a bank account in as fast as 5 minutes online# • Groundbreaking time deposit and saving interest rates • Managed by “Digital Wealth Advisory” enabling you to diversify investment, enjoy no subscription fee¹ GOSAVE 2.0 TIME DEPOSIT: • Various deposit tenors in HKD & USD • As little as HKD / USD 10 Foreign Exchange²: • USD foreign exchange service ! START INVESTING WITH FUNDS³: 1) Featured funds: Select your funds from a list of funds from global fund houses 2) Digital Wealth Advisory: personalized portfolios recommended by smart system • No lock-up, redeem funds any time • Start investing at HKD100 ALL-IN-ONE CARD: • Virtual WeLab Debit Card • Physical WeLab Debit Card ⁴ • Spend Wherever you like, whenever you like WELAB BANK PERSONAL LOAN: • WeLab Bank exclusive “Loan Masters" ⁵ • Get preliminary approval in 3 stepsvia your app • The annualized percentage rate (“APR”) from 1.68% to 36.00%⁵ and loan amount from HKD10K to HKD1.5M with tenors from 6 to 72 months • Assuming loan amount as HKD1.5M with tenor of 24 months, the APR will be 1.68% (excluding cash rebate) ⁶ GIVING YOU A PEACE OF MIND: • Instant notifications on every transaction • Set your payment limits • In-app and phone support from customer service agents SECURE BANK: WeLab Bank Limited is a member of the Deposit Protection Scheme in Hong Kong. Eligible deposits taken by WeLab Bank are protected by the Scheme up to a limit of HKD 800,000 per depositor. To borrow or not to borrow? Borrow only if you can repay! Above are subject to terms and conditions. Please refer to our webpage for details. #Actual time to open an account with WeLab Bank may vary depending on factors such as your connectivity and mobile phone. ¹ 0.08% monthly platform fee will be charged for featured funds service. ² The foreign exchange transactions involve risk arising from exchange rates fluctuation. The information above is not and does not constitute or form part of any offer, recommendation, invitation or solicitation to subscribe to or to enter into any transaction. ³ Information is for reference only and does not constitute any investment advice, offer or solicitation to offer or recommendation of any investment product. Investment involves risks. *We categorise the funds into different themesbased on the funds' information. Information relevant to the funds is for reference only and does not constitute a solicitation, offer or investment advice. ⁴ WeLab Debit Card will deliver to Hong Kong mailing address only. We do not send physical cards to customers with non-Hong Kong addresses. Customers can link their WeLab Debit Card to their e-wallet. ⁵ Loan Masters refer to WeLab Bank’s self-developedsystem that workswith the team that follows up with the customers, to provide advice to customers based on their unique loan requirements and financial situations. ⁶ The APR is calculated according to the guidelines issued in respect of the Code of Banking Practice and rounded to the nearest 2 decimal places and may vary for individual customers. The App and its information are not intended for use where prohibited by law or regulation. We have not obtained authorization from other jurisdictions to provide the products and services through this App, and we do not guarantee the content's appropriateness or availability outside Hong Kong. Please ensure compliance with local laws and regulations before using this App and/or our Services. This App does not convey an invitation to engage in banking or lending activities, nor does it solicit services from individuals not permitted to do so under applicable laws. By applying for any products and/or services through this App, you confirm compliance with the local laws that apply to you.