^HK$300,000

Min. Annual Salary

1.67%

Cash back on selected online spending

$3 = 1 Mile

Miles Conversion (selected online spending)

All Details

• Key Features

  • 5 Membership Rewards points for every eligible HK$ 1 spent on airlines and selected online travel and everyday spend merchants (HK$3 = 1 mile)

  • Add more merchants to 5X Membership Rewards points benefit, e.g. HKTVmall, Apple Store, lululemon etc. Eligible spending on selected merchants, equiv. to HK$3 = 1 Mile. Details please refer to American Express website

  • Enjoy 20% and 6% rebate respectively on first 3 months and next 3 months spending

  • No administration fee when you transfer your points into 10 air miles partners

  • No expiry date for Membership Rewards points. Membership Rewards points can also redeem cash voucher, Pay with Points, Travel with Points, hotel points (Hilton Honors, Marriot Bonvoy), lifestyle gifts and more

  • First year annual fee waiver

  • 10% savings on 4DX, 3D, 2D and IMAX regular priced movie tickets at Broadway Circuit

  • You can transfer your points into 10 air miles partners with no administration fee. Partners include Asia Miles, Avios, ANA, KrisFlyer and more

  • Introducing Pay with Points Max - enjoy an enhanced rate of 240 points per HK$1 when you cover purchases at 50 popular brands across town, 25% more value compared to the normal rate

  • From 1 Jun 2022 to 31 Dec 2022, both dates inclusive (“Promotion Period”). Under the Pay with Points Max Offer, the value of Membership Rewards Points of Eligible Cardmembers will automatically be in the rate of 240 Membership Rewards points to HK$1 to pay for Eligible Transactions charged on Eligible Cards at participating merchants during the Promotion Period

Cash Back

• Enjoy 20% and 6% rebate respectively on first 3 months and next 3 months spending

Annual Fee Waiver

• First year annual fee waiver

• Spending HK$150,000 annually to waive annual Card fee of HK$1,800 for the following year(including your Basic Card and Supplementary Cards)

• Free annual fee for 2 complimentary Supplementary Cards

Overseas Spending

• 3.75 Membership Rewards points for every HK$ 1 equivalent spent in eligible foreign currencies spend(HK$4 = 1 mile)

• Pay for your entire fare for an overseas trip with American Express Explorer Credit Card to get Complimentary Travel Insurance

• Worldwide access to Express Cash

Air Miles

• No administration fee when you transfer your points into 10 air miles partners

• 5 Membership Rewards points for every eligible HK$ 1 spent on airlines and selected online travel and everyday spend merchants (HK$3 = 1 mile)

• 3 Membership Rewards points for every HK$ 1 spent on eligible local transactions (HK$5 = 1 mile*)

• 3.75 Membership Rewards points for every HK$ 1 equivalent spent in eligible foreign currencies spend (HK$4 = 1 mile*)

• *Based on 1 Miles can be redeemed by 15 points

Online Shopping

• Membership Rewards points can also redeem cash voucher, Pay with Points, Travel with Points, hotel points (Hilton Honors、Marriot Bonvoy), lifestyle gifts and more

• 5 Membership Rewards points for every eligible HK$ 1 spent on airlines and selected online travel and everyday spend merchants (HK$3 = 1 mile)

• 3 Membership Rewards points for every HK$ 1 spent on eligible local transactions

• 3.75 Membership Rewards points for every HK$ 1 equivalent spent in eligible foreign currencies spend

• Enjoy 20% and 6% rebate respectively on first 3 months and next 3 months spending

Welcome Offers

• Up to HK$2,280 Welcome Offer

• Online bonus - HK$200 statement credits upon successful application through MoneySmart

• First 3 months spending bonus - HK$1,200 statement credits by spending HK$6,000 (equal to 20% statement credits)

• Next 3 months spending bonus (any spending) - Enjoy HK$1=18 points on any spending, up to 144,000 points (equals to 6% rebate on any spending, worth HK$480 cash vouchers/ Pay with Points/ 9,600 miles)

• Supplementary Card Bonus - Successfully apply for up to 2 supplementary cards (up to HK$400 cash rebate)

Best Credit Cards

• 5 Membership Rewards points for every eligible HK$ 1 spent on airlines and selected online travel and everyday spend merchants (HK$3 = 1 mile)

• No administration fee when you transfer your points into 10 air miles partners

• No expiry date for Membership Rewards points. Membership Rewards points can also redeem cash voucher, Pay with Points, Travel with Points, hotel points (Hilton Honors, Marriot Bonvoy), lifestyle gifts and more

• First year annual fee waiver

Annual Interest Rate and Fees

Annual Principal Fee	HK$1800(First year annual fee waiver)
Supplementary Annual Fee	N/A
Annual Interest Rate	37.67%
Late Payment Fees	5% of the outstanding minimum payment due (The maximum Late Payment Fee is HK$350 and the minimum Late Payment Fee is HK$300.)
Minimum Monthly Repayment	The highest of the following three amounts: (i) 1.5% of outstanding principal plus 100% of Finance Charges, interest, fees (including annual membership fee) and all other applicable charges; or (ii) 4% of your outstanding balance; or (iii) HK$300, plus any overdue minimum payments and any amount exceeding your credit limit.
Foreign Currency Transaction Fee	2%
Foreign Check Fee	2%
Cash Advance Transaction Fee	3.5% of cash amount or min HK$100
Overlimit Fee	HK$180

Minimum Income Requirements

Local Resident	HK$300,000

Card Association

American Express