Best Credit Cards Hong Kong

Updated June 2019

Choosing a credit card that best fits you is overwhelming, but MoneySmart.hk will help you pick out a good credit card to complement your spending habits. From latest welcome offers, best cash back to air miles promotions, we've compared and reviewed those best credit cards in Hong Kong for you.

Other Cards

American Express® Platinum Credit Card
American Express® Platinum Credit Card

$300,000

Min. Annual Salary

1%

Cash back on local spend

$5 = 1 Mile

Miles Conversion (local spend)

Promotion: Special welcome offer of up to HK$2,960 + MONEYSMART exclusive HK$400 Voucher and Le Creuset Gift Set !
Best for: Those who enjoy fine dining, traveling around the world with friends or shopping for your favorite fashion finds

Pros

  • Membership Rewards Program, spend HK$1 = 3 Membership Reward Points (Cap at HK$120,000)
  • 2 complimentary Supplementary Cards
  • Gourmet Club membership with up to 50% savings on the a la carte dinner menu at designated restaurants of Maxim’s Chinese Cuisine, m.a.x. concepts and Cafe Deco Group
  • Buy 1 get 1 free movie ticket on Thursday and Friday on 3D, 2D and IMAX movie tickets at Broadway Circuit and AMC Pacific Palace Cinemas. Plus, 15% savings on 3D, 2D and IMAX regular priced movie tickets
  • 10% off on select hotel bookings and an extra HK$100 cash back for every HK$2,000 spent on Expedia
  • Extra 10 Membership Rewards Points with every HK$1 spent at Hong Kong Parkview

Cons

  • No rebates on octopus card auto add value
WeWa UnionPay Card
WeWa UnionPay Card

$0

Min. Annual Salary

4%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion: A set of Round-trip Standard Seat Flight Tickets for One Passenger from Hong Kong to Japan (Osaka or Okinawa) with HK$100 Hotel Voucher or HK$500 Cash Rebate or HK$600 Häagen-Dazs™ Gift Voucher
Best for: Cash rebate seekers on lifestyle usage

Pros

  • Up to 4% Cash Rebate for transactions within specific categories (“Travel”, “Cinema”, “Karaoke” and “Theme Park”) all year round (equivalent to HK$10 Cash Rebate for every HK$250 spending) and the transactions made can be counted towards the Welcome Gift spending requirement
  • “Shake to Win II”: Grasp your chance to shake the prize of 100% Transaction Rebate. The more you spend, the more you earn! Prize is guaranteed to be awarded!
    (Trade Promotion Competition Licence Number: 51768-70)
  • Handling fee waiver for overseas spending
  • First 5 year annual fee waiver for Student

Cons

  • Only 0.4% Cash Rebate for transactions within other categories
Hang Seng enJoy Card
Hang Seng enJoy Card

$150,000

Min. Annual Salary

1%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion: Welcome offers up to $400 enJoy Dollars and receive HKD3,500 designated merchant coupons
Best for: People who frequently shopping on enJoy card designated merchant

Pros

  • Many designated merchants exclusive year-round discount offers
  • 1% enJoy Dollars Rebate for spending with your Card at the enJoy Card Designated Merchants (every HKD200 = $2 enJoy Dollars)
  • up to 2.4% Cash Dollars rebate on overseas spending and online shopping
  • Principal and Supplementary Card Customers will enjoy Perpetual Annual Fee Waiver

Cons

  • Every HKD200 card spending with your Card at merchant outlets other than the enJoy Card Designated Merchants, you can earn $1 Cash Dollar
Citi Cash Back Visa Card
Citi Cash Back Visa Card

HK$240,000

Min. Annual Salary

2%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion: 【Promotion till 28 Jun】Welcome offer up to HK$1,640! Include 1,000 cash back for welcome rewards +Extra HK$40 cash rebate for mobile payment + MONEYSMART exclusive HK$500 Voucher!
Best for: Cash back rewards seekers, especially those who frequently spend on dining and local merchants in Hong Kong

Pros

  • Welcome offer HK$1,000 cash back for welcome rewards
  • 2% cash rebate on global dining and hotel spending
  • 2% cash rebate on other spending in foreign currency
  • 1% rebate on e-wallet transaction (PayMe, WhChat Pay, AliPay, Octopus)
  • Enjoy all Visa Signature Privileges

Cons

  • No rebates on bill-payment
American Express Cathay Pacific Elite Credit Card
American Express Cathay Pacific Elite Credit Card

$300,000

Min. Annual Salary

N.A

Cash back on local spend

$6 = 1 Mile

Miles Conversion (local spend)

Promotion: Welcome offers up to 76,000 Asia Miles
Best for: Travel lovers for earning most air miles with large spending, also Cathay Pacific frequent user and enjoy travel benefits

Pros

  • Enjoy complimentary access to Plaza Premium Lounge each year
  • HK$6 = 1 Asia Mile on all local spend and HK$6 = 1.5 Asia Mile on foreign currency spend
  • No charge on miles conversion as the spending will be automatically converted to Asia Miles
  • Complimentary travel insurance and shopping protection
  • Enjoy 10% discount at Broadway Circuit and AMC Pacific Place cinemas

Cons

  • No rebates on octopus card auto add value
HSBC Visa Signature Card
HSBC Visa Signature Card

HK$360,000

Min. Annual Salary

3.6%

Cash back on local spend

HK$2.78 = 1 Mile

Miles Conversion (local spend)

Promotion: Apply online to earn up to $900 RewardCash
Best for: Those looking to earn maximum amount of points on a particular category of their choosing, particularly for oversees spending

Pros

  • Discounts from many merchants, such as restaurants and hotels
  • Many offers for overseas, online and dining spending, etc

Cons

  • High annual income requirement (HK$360,000)
  • Fee charged for mileage conversion
Standard Chartered Simply Cash Visa Card
Standard Chartered Simply Cash Visa Card

HK$96,000

Min. Annual Salary

1.5%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion: Welcome offer up to HK$1,100 CashBack + MONEYSMART exclusive HK$200 Voucher
Best for: CashBack seekers

Pros

  • Attractive New Cardholders welcome offer, up to HK$1,000 CashBack (100% CashBack)
  • Receive extra HK$100 CashBack when apply for Standard Chartered UnionPay Dual Currency Platinum Credit Card at the same time
  • 1.5% CashBack on local currency spending, including Octopus Automatic Add-Value transactions
  • Minimum annual income requirement is HK$96,000
  • Enjoy all promotions of Visa Signature

Cons

  • No CashBack on bill payments made through Standard Chartered Online Banking, Standard Chartered Phone Banking or JET Payment Services and insurance payments
Citi PremierMiles Card
Citi PremierMiles Card

$240,000

Min. Annual Salary

0.8%

Cash back on local spend

$8 = 1 Mile

Miles Conversion (local spend)

Promotion: Welcome offer 9,000 Miles (108,000 Points) + Free year-round travel insurance + MONEYSMART exclusive HK$300 Voucher!
Best for: Frequent travellers who would enjoy free travel insurance, good overseas spending conversion rate, and airport lounge access

Pros

  • Welcome offer round trip ticket to Taipei 1 set (108,000 Points)
  • Flexible mile redemption options including Avios, KrisFlyer etc.
  • High miles conversion rate of HK$3 = 1 Miles for overseas spend
  • Short mileage conversion time, only takes 4-8 days
  • Free travel insurance
  • No charge on Dynamic Currency Conversion payment
  • Points do not expire

Cons

  • No miles earned on online bill-payment
Hang Seng MPOWER CARD
Hang Seng MPOWER CARD

$150,000

Min. Annual Salary

4.4%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion: Welcome offer up to 8 movie tickets, up to 365-day KKBOX premium membership and up to $700 Cash Dollars
Best for: People who frequently spending on online shopping and entertainment

Pros

  • Up to 4.4% Cash Dollars rebate in moblie payment, online shopping and overseas spending
  • Many MCL Cinema promotion
  • Many KKBOX promotion
  • Many designated merchants exclusive year-round discount offers
  • Principal and Supplementary Card Customers will enjoy Perpetual Annual Fee Waiver

Cons

  • Every HKD200 card spending with your Card at merchant outlets other than the enJoy Card Designated Merchants, you can earn $1 Cash Dollar
AEON UnionPay Credit Card
AEON UnionPay Credit Card

$0

Min. Annual Salary

1%

Cash back on local spend

N.A

Miles Conversion (local spend)

Promotion: Welcome offer up to HK$500 + Earn 3X Bonus points for overseas spending in Japan
Best for: Cash rebate seekers on lifestyle usage

Pros

  • Enjoy members-only discount at AEON's massive merchant network
  • Every HK$1 spent on credit purchase entitled 1 bonus point. Every HK$1 on credit purchase or Interest-free Card Instalment Plan at AEON Stores entitled 2 bonus points*. Points accrued can be used for redemption offered by AEON Bonus Point Program
  • Enjoy 5% credit purchase discount at AEON on "Thanksgiving Days"
  • Enjoy interest-free card installment services on electrical appliances, furniture, health and equipment, and designated products year-round
  • AEON UnionPay Credit Card can be added to UnionPay App to enjoy cross-borad QR code payment service

Cons

  • HK$500 ceiling for cash rebate
DBS Black American Express Card
DBS Black American Express Card

$240,000

Min. Annual Salary

N.A.

Cash back on local spend

$5 = 1 Mile

Miles Conversion (local spend)

Best for: Travel lovers, using DBS$ to redeem 4 different kinds of mileage, or instant redeem flight ticket or hotel via iGO Rewards with DBS$

Pros

  • Attractive welcome offer:First HK$5,000 local spending HK$1 = 1 Mile and first HK$70,000 oversea spending HK2.5=1 Mile, also include year round $3/mile when registered visa Omni
  • No expiry date on DBS$
  • Complimentary newspaper/magazine redemption at airport
  • Use DBS$ to redeem flights, hotels, car rental or packages

Cons

  • No miles on bill-payment and insurance payment
  • No complimentary travel insurance
Dah Sing ANA World Mastercard
Dah Sing ANA World Mastercard

$150,000

Min. Annual Salary

N.A.

Cash back on local spend

$8 = 1 Mile

Miles Conversion (local spend)

Promotion: Welcome offer up to 8,000 Miles + HK$4 = 1 Mile on overseas spending + a chance to win a complimentary ANA round-trip air ticket to Japan + online exclusive extra HK$100 cash rebate!
Best for: People who love travelling to Japan

Pros

  • Welcome offer up to 8,000 Miles + HK$4 = 1 Mile on overseas spending + a chance to win a complimentary ANA round-trip air ticket to Japan + online exclusive HK$100 Cash Rebate
  • HK$8 = 1 Mile on all local and overseas spending
  • Enjoy priority check-in service at ANA Business class check-in counter (valid when using flights operated by ANA)
  • Principal Cardholders will receive an extra 25% mileage when using flights operated by ANA
  • 10% Discount for ANA In-flight Shopping
  • 10% Shopping Discount at ANA group duty free shops and 5% Shopping Discount at ANA FESTA at the Airports
  • Enjoy 1 Mile for every JPY100 spent at ANA FESTA
  • No handling fees on miles conversion
  • Low annual income requirement, first year annual fee waiver

Cons

  • No miles will be offered on automatic transfer and online banking bill-payment
  • E-wallet transaction is not counted as the eligible spending of welcome offers
BEA i-Titanium Card
BEA i-Titanium Card

HK$40,000

Min. Annual Salary

4.8%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion: Welcome offer: HK$500 Cash Rebate / HK$500 HKTVmall Gift Voucher & 5-day Birdie Travel SIM
Best for: Online shopping and cash rebate lovers

Pros

  • Up to 7.8% i-Dollar rebate on online spending
  • Enjoy extra 4.4% rebate on selected category on “BEA Days” every day when you have accumulated spending of HK$1,000 in any month
  • Minimum annual income requirement is HK$40,000
  • Simple approval conditions which students can also apply

Cons

  • No CashBack on e-banking payment
EarnMORE UnionPay Card
EarnMORE UnionPay Card

HK$0

Min. Annual Salary

2%

Cash back on local spend

N.A.

Miles Conversion (local spend)

Promotion:
Welcome Offer : OTO Qseat or HK$600 Häagen-Dazs™ Gift Voucher or HK$500 Cash Rebate
Extra HK$100 cash rebate for successful application via MoneySmart
Best for: People who focus on cash rebate in all spending no matter local or overseas spending

Pros

  • Up to 2% Cash Rebate for all categories eligible purchase
  • Automatic Add Value Service in Octopus Card also have up to 2% cashback
  • Handling fee waiver for overseas spending
  • Enjoy free access to the Plaza Premium Lounges at Hong Kong International Airport (East Wing and West Wing) and Macau International Airport (promotion until 28 February 2019)

Cons

  • Buy 1 get 1 free ticket in Cinema City is only valid on the specified day
HSBC Visa Platinum Card
HSBC Visa Platinum Card

HK$150,000

Min. Annual Salary

2.4%

Cash back on local spend

HK$4.17 = 1 Mile

Miles Conversion (local spend)

Promotion: Apply online to earn up to $900 RewardCash
Best For: People who want to earn maximum amount of points to be used for a category of their choosing

Pros

  • Discounts from many merchants, such as restaurants and hotels
  • Many offers for overseas, online and dining spending, etc
  • HSBC Exclusive Benefits: Concierge services including travel information and restaurant reservations, exclusive hotel and car rental offers, and application for Private Label Cards (city'super, CODE, Dickson, and HARVEY NICHOLS)
  • Earn RewardCash by settling Premium / tuition via e-banking (only for the first HK$10,000 each month)
  • No extra fee for Dynamic Currency Conversion transactions

    Cons

    • Fee charged for mileage conversion
    Show more cards

    Best Credit Cards in Hong Kong 2019

    Credit CardMinimum SalaryType of Reward
    Standard Chartered Asia Miles MastercardHK$96,000Air Miles
    Citi Rewards Visa CardHK$150,000Reward Points
    HSBC Visa Signature CardHK$360,000Reward points
    WeWa UnionPay CardHK$0Cash Rebate
    Standard Chartered Simply Cash Visa CardHK$96,000Cash Rebate

    Choose Credit Cards Based on your Spending Habits

    Pick credit cards with different spending categories based on your habits to earn the most rewards. For reward point credit cards, you can redeem cash rebates, air miles, coupons, and other gifts, giving you higher flexibility. Air miles credit cards are suitable for frequent flyers who would take the effort to research on collecting miles. Cashback credit cards are suitable for those who don’t spend a lot and want to get rebates directly

    Air Miles

    Miles Credit Cards

    1. Standard Chartered Asia Miles Mastercard: HKD4/mile for dining and online spending
    2. Citi PremierMiles Card: HKD3/mile for foreign currency transactions

    Cashback

    Cashback Credit Cards

    1. Standard Chartered Simply Cash Visa Card:: 2% rebates on foreign currency transactions
    2. Citi Cash Back Visa Card: 2% rebates on global dining and hotel spending

    Reward Points

    Reward Points Credit Cards

    1. Citi Rewards Card: 5x points all-year-round at supermarkets, department stores, and telecom providers
    2. HSBC Visa Signature Card: Up to 14x “RewardCash” for selected categories

    What Are the Easiest Credit Cards to Get Approved for?

    Low Income Requirement Credit Cards

    Many credit cards specify a low minimum income and some cards such as EarnMORE UnionPay Card and WeWa UnionPay Card do not specify a minimum income, which is ideal for housewives/ freelancers or tertiary school students to apply. Submitting your proof of asset increases your chances of getting approved, but you may still get approved without it.

    No Annual Fee Credit Cards

    A credit card with no annual fee helps cardholders save on card costs and maximise the rewards cardholders earn. Cardholders can enjoy no fees for life or within the promotional period depending on the type of cards you apply.

    Choose Credit Cards Based on your Spending Habits

    Pick credit cards with different spending categories based on your habits to earn the most rewards. For reward point credit cards, you can redeem cash rebates, air miles, coupons, and other gifts, giving you higher flexibility. Air miles credit cards are suitable for frequent flyers who would take the effort to research on collecting miles. Cashback credit cards are suitable for those who don’t spend a lot and want to get rebates directly.

    Which Credit Card is the Best in Hong Kong?

    Out of all credit cards, which one is the best? Unfortunately, there’s no single best credit card for everyone in Hong Kong. You’ll have to choose a credit card that best fits your lifestyle needs and wants. Here’s how:

    Find a card that fits your spending habits

    Think about your current lifestyle and spending habits. What are the things you spend the most money on? For example, if you’re a real foodie and love checking out new restaurants around town, it makes sense to get a card with rewards points for dining and useful perks like 1-for-1 buffet promotions.

    Plan how to use your credit card benefits

    Credit cards come with a whole bunch of benefits, so think about which benefits you actually want to use. You can plan your spending to earn maximum benefits from your credit cards, such as instant cash rebates and air miles.

    Read credit card reviews and compare

    Now that you’ve got a shortlist of credit cards, it’s time to dig deeper into the details of the rewards or air miles programmes. Compare terms and conditions like expiry dates, exclusions, minimum spend, credit limit, and so on to make sure that you get the best card.

    5 Most Common Credit Cards in Hong Kong

    Hong Kong credit cards are from 5 major card issuers. Visa and Mastercard take up most of the market, followed by American Express, UnionPay, and JCB. Visa and Mastercard are card issuers with a long history and are accepted everywhere in the world. On the other hand, American Express can be used in 130+ countries.

    UnionPay credit cards are great for spending in China. Many Hong Kong banks have launched UnionPay dual-currency credit cards, such as HSBC UnionPay Dual Currency Credit Card and Standard Chartered UnionPay Dual Currency Platinum Credit Card to benefit frequent travelers to mainland China.

    JCB credit cards are perfect for those who travel often to Japan because they offer many discounts on spending in Japan. Currently, only BEA and AEON have launched JCB credit cards in Hong Kong.

    Frequently Asked Questions

    Can I use my credit card in Hong Kong?

    Visa and Mastercard can be accepted worldwide but cardholders need to be aware that foreign transactions fee apply. If cardholders wish to pay in his/ her preferred currency other than the local currency, Dynamic currency conversion (DCC) will be charged in addition to the foreign transaction fee.

    Which credit card is best for Asia Miles?

    You can consider applying for American Express Cathay Pacific Elite Credit Card, Standard Chartered Asia Miles Mastercard and BEA Flyer World Mastercard to collect Asia Miles.

    Can I pay taxi in Hong Kong with credit card?

    Generally speaking, no. Taxi fare needs to be settled by cash in Hong Kong.

    Which credit card has the best foreign exchange rate?

    It varies from providers to providers. It is best to check on the card issuer’s website for the exact foreign exchange rate on the day of the transaction. To make your money go further, you should also consider other factors like transaction fees, earning ratio, etc. when choosing which card to use overseas.

    Which credit card has no foreign exchange fee?

    Most UnionPay Cards do not charge a foreign exchange fee. But it doesn’t mean that it’s best to use UnionPay Cards for foreign transactions. To make your hard-earned money go further, other factors like transaction fees, earning ratio, etc. should also be taken into consideration.