ZA Bank, one of a handful of regulated digital-only banks in Hong Kong, has announced a new promotion to increase users. ZA Bank has launched “Millionaire PowerDraw” to “bring joy to HongKongers.”
The promotion offers a single winner each month HKD 100 million (USD $12.744 million) in cash.
Starting this month, users can participate by spending with ZA Card to enter into the promotion. ZA Bank says it will randomly draw a MillionTix number every month during the promotion period.
Users can enter in several different ways: Open a ZA Bank Account, Pay any insurance premium via ZA Bank, complete a special Millionaire PowerDraw quest, or spend at least HKD 10 with ZA Card.
ZA Bank offers traditional banking services along with stock trading, insurance and other digital features.
ZA Bank was granted one of the first virtual bank licenses by the Hong Kong Monetary Authority in 2019.