No expiry date for Membership Rewards points
No expiry date for Membership Rewards points
American Express Explorer® Credit Card
Enjoy a generous mileage welcome bonus with the American Express Explorer® Credit Card. It offers up to 12 complimentary lounge visits annually for both Basic and Supplementary Cardmembers^. Earn HK$3=1 mile on eligible HKD transactions and earn as low as HK$1.68 = 1 mile of overseas spend with no minimum spend requirement and CBF waiver. As a unique perk, Cardmembers also enjoy an extra year of warranty on Apple product purchases, making this card an essential choice for frequent travellers and Apple enthusiasts. From October onwards, enjoy 5X Points at newly added designated merchants, including Wellcome, PARKnSHOP, Mannings, Watsons, YATA and Fortress! Earn miles on everyday spending at a rate of as low as HK$2.25 per mile.
Card Details
Good For
Frequent travellers who would like to leverage lounge access and earn miles on overseas expenses.
Online shoppers enjoy 5X membership points on designated merchants, maximising rewards through everyday spending.
Tech-savvy professionals extending warranties on electronic purchases and converting points to air miles.
Things to Note
The annual membership fee is HK$2,200 after the first-year waiver; evaluate if benefits outweigh costs.
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AMEX Explorer Credit Card - Annual Income Requirement & Annual Fee
| AMEX Explorer Card | Annual Income Requirement | Annual Fee |
|---|---|---|
| AMEX Explorer CardAMEX Explorer Card | Annual Income RequirementHK$300,000 | Annual FeeHK$2,200 |
AMEX Explorer Card Review: AMEX Explorer Card Key Features
AMEX Explorer Card Pros
1. Earn 5 Membership Rewards points for every eligible spent on airlines and designated online travel and merchants (HK$3 = 1 mile)
2. No expiry date for Membership Rewards points
3. Redeem your membership rewards points for a wide range of rewards including miles, cash voucher, pay with points, travel with points, hotel points (Hilton Honors, Marriot Bonvoy), lifestyle gifts, etc.
4. You can transfer your points into 10 air miles partners without administration fees
5. Enjoy a wide range of travel perks, for example complimentary travel insurance and free access to plaza premium lounge
6. 10% off 4DX, 3D, 2D and IMAX regular priced movie tickets at Broadway Circuit Enjoy first year annual fee waiver
AMEX Explorer Card Cons
1. AMEX is less commonly accepted by merchants compared to Visa and Mastercard
2. The mile conversion ratio of non-selected merchants is only HK$5＝1 mile
3. Foreign transaction fee is 2% which is higher than the average 1.95%
4. The annual fee can be waived for the first year. The second-year annual fee can also be waived if the card holder reaches a certain spending requirement
5. Income requirement is higher than other miles credit card
AMEX Explorer Card Welcome Offers
| AMEX Explorer Card Welcome Offers | Eligibility | |
|---|---|---|
| AMEX Explorer Card Welcome Offers First transaction rewards: 18,000 points (equivalent to 1,000 miles) | Eligibility Upon successful application via MoneySmart and complete the first transaction within the first 3 months | |
| AMEX Explorer Card Welcome Offers Welcome bonus: 126,000 points (equivalent to 7,000 miles) | Eligibility Spend HK$7,000 in the first 3 months | |
| AMEX Explorer Card Welcome Offers Local Spending Bonus: up to 1,152,000 points (equivalent to 64,000 miles) | Eligibility Enjoy HK$1=6 points in the first 3 month |
AMEX Explorer Card VS Other Miles Card
| Credit Cards | Local Currency Spending | Foreign Currencies Spending |
|---|---|---|
| Credit CardsAMEX Explorer Card | Local Currency SpendingHK$5＝1 Mile | Foreign Currencies Spending HK$4＝1 Mile |
| Credit CardsStandard Chartered Cathay Mastercard | Local Currency SpendingHK$6＝1 Mile | Foreign Currencies Spending HK$4＝1 Mile |
| Credit CardsCiti Rewards Card | Local Currency SpendingHK$3＝1 Mile | Foreign Currencies Spending / |
AMEX Explorer Card VS Standard Chartered Cathay Mastercard
AMEX Explorer Card offers a higher mile conversion rate than Standard Chartered Cathay Mastercard (HK$5= 1 Mile VS HK$6= 1 Mile), but Standard Chartered Cathay Mastercard offers an even higher conversion rate for eligible spending on Cathay and Hong Kong Express. (HK$3 = 1).
With AMEX Explorer Card, you can convert it into 10 air miles partners without administration fees. But with Standard Chartered Cathay Mastercard, you can only convert it to Asia Miles.
Also, it is important to note that AMEX Explorer Card has a much higher annual income requirement than Standard Chartered Cathay Mastercard (HK$300,000 VS HK$96,000).
With AMEX Explorer Card, you can convert it into 10 air miles partners without administration fees. But with Standard Chartered Cathay Mastercard, you can only convert it to Asia Miles.
Also, it is important to note that AMEX Explorer Card has a much higher annual income requirement than Standard Chartered Cathay Mastercard (HK$300,000 VS HK$96,000).
AMEX Explorer Card VS Citi Rewards Card
Citi Rewards Card and AMEX Explorer Card offer HK$1= 0.333 mile. What’s more, Citi Rewards even offers HK$=1= 0.536 miles in your birthday month.There is no expiry date for points. Cardholders can redeem points for miles, cash vouchers, etc. However, Citi Rewards Card only offers a high conversion rate to selected spending categories such as supermarkets, department stores, telecommunications.
AMEX Explorer Card has a much higher annual income requirement than Citi Rewards Card (HK$300,000 VS HK$150,000).
AMEX Explorer Card has a much higher annual income requirement than Citi Rewards Card (HK$300,000 VS HK$150,000).
FAQ
Can I get the annual fee of AMEX Explorer Card waived?
- Yes, you can enjoy a first-year annual fee waiver. Then, you have to pay HK$2,200 each year.
Can I apply for supplementary cards for my AMEX Explorer Card?
- Yes, you can apply up to 2 AMEX supplementary cards for your AMEX Explorer Card with no annual fees.
Does AMEX Explorer have a foregin transaction fee? How much does that cost?
- Yes, AMEX Explorer has a foregin transaction fee of 2%.
Why Choose MoneySmart?
MoneySmart is a trusted one-stop financial and insurance product comparison platform designed to save you time and money.
- Established Brand History: Founded in Singapore in 2009, the MoneySmart Group has evolved into a leading personal finance brand.
- Exclusive Offers from Official Partners: We partner with major banks in Hong Kong (such as Standard Chartered, HSBC, and Citibank), renowned insurance companies (such as Allianz, AXA, Starr, BlueCross and more), and top licensed brokerages to bring you exclusive offers.
- AI-Driven Personalized Recommendations: Through data analysis and smart matching, all users receive financial solutions tailored to their specific goals, rather than one-size-fits-all options.
- Clear Reward Tracking and Redemption Process: Our platform features a standardized reward redemption procedure backed by live customer service support, ensuring eligible users reliably receive their promised rewards.