CONSUMPTION VOUCHER TO BE DISBURSED

Financial Secretary Paul Chan announced today that the consumption vouchers under phase one of the 2022 Consumption Voucher Scheme (CVS) will be disbursed to about 6.3 million eligible people on April 7.

He explained that all people who successfully registered under the CVS last year will receive the new round of vouchers and successively receive relevant SMS notifications or mobile app push notifications on that day.

Those using accounts via AlipayHK, Tap & Go or WeChat Pay HK will receive a $5,000 voucher with an expiry date of October 31 on the disbursement day.

Vouchers collected via Octopus will be disbursed by two instalments. People may start to collect the first $4,000 voucher by tapping the card on that day.

Recipients may collect the vouchers at the Subsidy Collection Points of the Public Transport Fare Subsidy Scheme, designated convenience stores and supermarkets, Octopus Service Points or via Octopus mobile app.

In view of the current stored value limit of the Octopus card, people are not able to collect more than $3,000 voucher value when tapping their cards for the first time and the remaining value can be collected by tapping the card again after the stored value of the Octopus card is lowered. In other words, the $4,000 voucher can be fully collected by tapping the card several times.

Similar to last year’s CVS arrangement, when people use the Octopus Card for local consumption, the consumption falling within the usage scope of the consumption vouchers will automatically be counted towards the total eligible spending.

If people's cumulative total eligible spending has reached $4,000 between May to October, the last $1,000 voucher will be disbursed on the 16th day of the following month. In other words, if the eligible spending has reached $4,000 by end of May, people will receive the last $1,000 voucher on June 16 at the earliest.

The eligible spending has to reach the target by end of October at the latest in order to collect the last voucher by tapping the card on November 16.

The Government reminded the public that there is no urgency to go out and spend the vouchers right away as they are valid for seven months and contain an expiry date of October 31.

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