Best Bank of Communications Credit Cards in Hong Kong

Updated October 2019

Choosing a credit card that best fits you is overwhelming, but MoneySmart.hk will help you pick out a good Bank of Communications credit card to complement your spending habits.

Popular Bank of Communications Credit Cards

Bank of Communications FWD CUP Dual Currency Credit Card

HK$150,000

Min. Annual Salary

0.4%

Cash back on local spend

HK$8 = 1 mile

Miles Conversion (local spend)

Key Features

  • Dual currencies
  • No overseas transactions fee
  • HK$1= 1 point for insurance premium payment
  • Free access to Lounge Key airport lounges

Annual Interest Rate and Fees

Annual Interest Rate34.49%
Principle Annual FeeHK$1,000
Supplementary Annual FeeHK$500
Fee WaiverYes
Minimum Monthly Repayment1% of the statement balance or HK$200 (whichever is higher)
Interest Free Period55 days

Minimum Income Requirements

Local ResidentHK$150,000
ForeignerHK$0

Other

Card AssociationUnionPay
Wireless PaymentN/A
Bank of Communications FWD Credit Card

HK$150,000

Min. Annual Salary

N.A.

Cash back on local spend

HK$8 = 1 mile

Miles Conversion (local spend)

Key Features

  • HK$1= 1 point for insurance premium payment
  • 25% off selected FWD insurance plan
  • 2X bonus point for medical expenses

Annual Interest Rate and Fees

Annual Interest RateN/A
Principle Annual FeeHK$1,000
Supplementary Annual FeeHK$500
Fee WaiverYes
Minimum Monthly Repayment1% of the statement balance or HK$200 (whichever is higher)
Interest Free Period55 days

Minimum Income Requirements

Local ResidentHK$150,000
ForeignerHK$0

Other

Card AssociationVisa
Wireless PaymentN/A
Bank of Communications Go-Goal Credit Card

HK$150,000

Min. Annual Salary

0.4%

Cash back on local spend

HK$8 = 1 mile

Miles Conversion (local spend)

Key Features

  • Spend HK$4,500 within the first 3 months of card issuance to enjoy 30,000 points
  • Points can be redeemed for miles/ vouchers
  • Earn up to 20,000 points for paying tuition fee

Annual Interest Rate and Fees

Annual Interest Rate34.49%
Principle Annual FeeHK$1,000
Supplementary Annual Fee500
Fee WaiverN/A
Minimum Monthly Repayment1% of the statement balance or HK$200 (whichever is higher)
Interest Free Period

Minimum Income Requirements

Local ResidentHK$150,000
ForeignerHK$0

Other

Card AssociationVisa
Wireless PaymentVisa payWave
Bank of Communications CUP Dual Currency Diamond Card

$150,000

Min. Annual Salary

0.8%

Cash back on local spend

$6 = 1 Mile

Miles Conversion (local spend)

Key Features

  • Year-round travel insurance and overseas 2 airsim prepaid cards
  • up to 3 times to Lounge Key airport lounges by spending HK$12,000 in total within two consecutive months
  • Buy 1 get 1 free ticket offer at CINEMA CITY

Annual Interest Rate and Fees

Annual Interest Rate34.49%
Principle Annual FeeN/A
Supplementary Annual FeeN/A
Fee WaiverN/A
Minimum Monthly Repayment1% of monthly payment + fees
Interest Free PeriodUp to 55 Days

Minimum Income Requirements

Local ResidentHK$150,000
ForeignerHK$150,000

Other

Card AssociationUnionPay
Wireless PaymentN/A
All results loaded

Best Bank of Communications Credit Cards 2019

CREDIT CARDMINIMUM ANNUAL SALARYBENEFITS
Bank of Communications CUP Dual Currency Diamond CardHK$150,000Every HK$1/ CNY¥1 spent = 1 bonus point. 2X bonus points for HK$300 or above local/ overseas transaction.
Bank of Communications Platinum CardHK$150,000Every HK$1 spent in town = 1 point. 2X points for China/ overseas spending.
Bank of Communications Go-Goal Credit CardHK$150,000Every HK$1 spent = 1 point. Enjoy 5% rebate for WeChat Pay and AlipayHK top-up.
Bank of Communications MI Credit CardHK$48,000Perpetual annual fee waiver. Every HK$1/ CNY¥1 spent = 1 point.

Bank of Communications Credit Card Promotions HK

Bank of Communications credit cards offer a range of offers, some of which are highlighted below:

Asia Miles Program

CUP Dual Currency Credit Card or Platinum Card holders can earn points which can be redeemed for Asia Miles (12 points = 1 mile) for every HK$1 spend. No minimum miles required for each conversion. Eligible cardholders can enjoy rewards while spending.

Bonus Point

With Bank of Communications credit cards, cardholders can earn bonus points for every spending (HK$1 = 1 point). For every CNY¥1 spend, CUP Dual Currency Credit Card holders can also enjoy bonus point(CNY¥1 = 1 point). The points earned by the principal and supplementary card holders can be calculated together. CUP Dual Currency Credit Card or Platinum Card holders can even enjoy converting bonus points to Asia Miles (12 points = 1 mile).

Welcome Offers

Upon successful application of CUP Dual Currency Credit Card and Platinum Card and, cardholder is required to accumulate at least HK$/ CNY¥4500 spending for each card within 3 months of card issuance to be entitled to one of the following welcome gifts: Hedgren backpack in luggage open style with pouch,China Unicom Cross Border Dual Number Prepaid SIM (worth: HK$338) & HK$500 standalone handset cash coupon or up to HK$50,000 interest-free cash instalment.

Enjoy Complimentary Access to Airport Lounges

CUP Dual Currency Credit Card and Platinum Card holders can enjoy free access to airport lounges. CUP Dual Currency Credit Card holders can enjoy free access to Plaza Premium Lounge for 3 times with no minimum spend requirements and Platinum Card holders can enjoy free Priority Pass membership. Cardholders need to fulfil a minimum spending requirement in order to enjoy free access to over 1,000 airport lounges. Spend HK$50,000 to enjoy it for three times, HK$100,000 for 5 times and HK$150,000 for 8 times.

2-for-1 Coffee

From now until 31 Dec 2019, buy a coffee with CUP Dual Currency Credit Card at The Coffee Academics to enjoy a coffee of the same or lower value for free.

UnionPay App

Enjoy cross-border payment through Union Pay App at over 9.5 million merchants in Guangdong, Hong Kong, Macau and the Greater Bay China and exclusive offers. From now until 31 Aug 2019, add a Bank of Communications UnionPay Dual Currency Credit Card and make any QR code payment to enjoy HK$20 rebate and 5% rebate, capped at HK$100.

Bank of Communications: Steps to Apply for Credit Cards

The easiest way is to submit an online application form and submit the following documents: HKID Card or passport copy/ proof of address dated within the last 3 months (e.g. utility bill, bank statement). Please note that e-statement is not accepted. For student applicant, please also submit your full-time student ID card. Bank of Communications reserves the right to request an applicant to submit further documents for application approval.

Eligibility

The applicant must be a Hong Kong resident over 18 years old. The applicant needs to fulfill the minimum income requirement as well. Please note that if the applicant is a current principal cardholder of any card types issued by the Bank in the last 12 months, he/she will not be eligible for any welcome offers.

Hotline

For credit card enquiries, please call +852 22395559. Bank of Communications also offers a 24-hour phone banking hotline which allows account holders to manage their accounts at their convenience. Cardholders can settle credit card payment and apply for a credit card cash advance services.

Bank of Communications Frequently Asked Questions

What is the benefit of adding a Bank of Communications credit card to the UnionPay App?

From now until 31 August 2019, add a Bank of Communications UnionPay Dual Currency Credit Card and make a payment through QR code to enjoy HK$20 rebate and 5% rebate, capped at HK$150 monthly.

How to enjoy the Greater Bay Area transportation rebate using Bank of Communications credit card?

From now until 29 Feb 2020, CUP Dual Currency Credit Card holders can enjoy a 25% spending rebate on transportation transaction amounts over HK$400. The rebate is capped at HK$50.

How to redeem bonus points earned with Bank of Communications credit cards for miles?

Bonus points earned with Bank of Communications credit cards can be redeemed for miles. Cardholders need to first apply as members on Asia Miles website then join Bank of Communications credit card ‘Travel Reward Program’ to start redeeming mileages.

Is there any handling fees in miles conversion with Bank of Communications credit cards?

Yes. There is. HK$50 will be charged for converting 5000 Asia miles. Minimum charge is HK$100 and max. Charge is HK$300.