The 62nd Festival, which is UnionPay’s 62nd mid-year carnival, features “62% off”. It is a holiday discount promotion initiated by China UnionPay and jointly with major commercial banks. As long as you have a UnionPay debit card or credit card starting with 62, you can participate in this activity.
For example, the 2019 UnionPay 62nd Festival*** has two activities:
1. You can enjoy 32% off when purchasing goods in designated brand stores.
2. If you use a bank card that cooperates with this activity (there are 12 banks), you can double the points or cash back. Different banks have different activities and different rules.