Best Cash Back Credit Cards Hong Kong

Updated June 2019

Earn cash rebate on dining, hotel bookings or online shopping spend by using cash back credit cards. Compare and choose from a wide range of flat rate, tier based or special bonus category cash back credit cards in Hong Kong.

Other Cash Back Cards

AEON UnionPay Credit Card
AEON UnionPay Credit Card

$0

Min. Annual Salary

1%

Cash back on overseas spend

1%

Cash back on 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
American Express® Platinum Credit Card
American Express® Platinum Credit Card

$300,000

Min. Annual Salary

1%

Cash back on overseas spend

1%

Cash back on 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
Hang Seng enJoy Card
Hang Seng enJoy Card

$150,000

Min. Annual Salary

1.5%

Cash back on overseas spend

1%

Cash back on 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
HSBC Visa Signature Card
HSBC Visa Signature Card

HK$360,000

Min. Annual Salary

5.6%

Cash back on overseas spend

3.6%

Cash back on 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
Blue Cash℠ Credit Card from American Express
Blue Cash℠ Credit Card from American Express

$150,000

Min. Annual Salary

1.2%

Cash back on overseas spend

1.2%

Cash back on local spend

Promotion: Welcome offer: HK$500 Cashback + 2 movie tickets + MONEYSMART exclusive HK$350 Voucher and Le Creuset Gift Set !
Best for: Cash rebates seekers, 1.2% cash rebate in spending

Pros

  • Enjoy 1.2% Cashback on everyday purchases, in town and overseas
  • Annual salary requirement is low (HK$150,000)
  • Online fraud protection guarantee and 45 days cover
  • 20% savings on 3D, 2D and IMAX movie tickets at Broadway Circuit and AMC Pacific Place cinemas
  • Cashback with no string

Cons

  • No rebates on bill-payment and octopus auto add value
Hang Seng MPOWER CARD
Hang Seng MPOWER CARD

$150,000

Min. Annual Salary

4.4%

Cash back on overseas spend

4.4%

Cash back on 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
American Express Cathay Pacific Credit Card
American Express Cathay Pacific Credit Card

$150,000

Min. Annual Salary

N.A.

Cash back on overseas spend

N.A.

Cash back on local spend

Promotion: Up to 74,000 Asia Miles + MONEYSMART exclusive HK$250 Voucher!
Best for: Travel lovers for earning most air miles with large spending, also Cathay Pacific frequent user and enjoy travel benefits

Pros

  • Enjoy Twice-yearly Plaza Premium Lounge access
  • Complimentary travel insurance and shopping protection
  • HK$8 = 1 Asia Mile on all local spend and HK$8 = 1.5 Asia Mile on foreign currency spend

Cons

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

HK$0

Min. Annual Salary

2%

Cash back on overseas spend

2%

Cash back on 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
Citi PremierMiles Card
Citi PremierMiles Card

$240,000

Min. Annual Salary

0.4%

Cash back on overseas spend

3.2%

Cash back on 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
DBS COMPASS VISA
DBS COMPASS VISA

HK$100,000

Min. Annual Salary

0.4%

Cash back on overseas spend

1%

Cash back on local spend

Promotion: Welcome gift: Dunlop Aztec Collection 28” Suitcase/ HK$400 PARKnSHOP “InstaRedeem” Amount/ 6 MCL movie ticket vouchers + MoneySmart Exclusive HK$200 Supermarket Vouchers
Best for: General public especially those who always go for daily supplies

Pros

  • Lower salary requirement (HK$100,000)
  • Single purchase of HK$100 or above at PARKnSHOP on every 2nd, 12th and 22nd of every month to enjoy 8% discount
  • Single purchase of HK$500 or above at Watsons on every 5th, 15th and 25th of every month to enjoy 8% discount
  • Spend at Taobao and Tmall to earn up to 3% COMPASS Dollar rebate

Cons

  • No points for settling bills via e-banking
BEA i-Titanium Card
BEA i-Titanium Card

HK$40,000

Min. Annual Salary

4.8%

Cash back on overseas spend

7.8%

Cash back on 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
Citi Rewards Visa Card
Citi Rewards Visa Card

$150,000

Min. Annual Salary

0.4%

Cash back on overseas spend

3.2%

Cash back on local spend

Promotion: Welcome offer HK$600 Wellcome Coupon + MONEYSMART exclusive HK$300 Voucher!
Best for: Frequent shoppers looking to maximize points that can be used for a wide range of redemption options

Pros

  • Welcome offer 135,000 Points (can be redeemable for HK$600 Wellcome coupon)
  • Enjoy 5X points (=HK$3/Mile) all year round and 8X points (=HK$1.875/Mile) during your birthday month for spending in supermarkets, department stores and telecommunication bill payments
  • E-wallet transaction is eligible as welcome offer spending (PayMe, WhChat Pay, AliPay, etc.)
  • Points never expire
  • Low annual income requirement for HK$150,000

Cons

  • Fees will be charged for converting points into miles
  • No points for making payment through online e-banking
  • No offers for overseas spending
BEA Visa Signature Card
BEA Visa Signature Card

HK$240,000

Min. Annual Salary

6%

Cash back on overseas spend

6.8%

Cash back on local spend

Best for: Those who frequently spend on dining and local merchants in Hong Kong

Pros

  • Up to 6.8% rebate at all dining outlets in Hong Kong (Including unlimited 6X Bonus Points, which is extra 2.4% rebate)
  • Up to 6.0% reabte for all overseas spending (Including unlimited 4X Bonus Points, which is extra 1.6% rebate)
  • Reach the designated spending amount for any calendar year with your BEA Visa Signature Card, will be entitled to free 7-day family travel insurance plans in the following year
  • 20% off on MCL/ UA Cinemas movie tickets
  • Enjoy extra 4.4% rebate on selected category on “BEA Days” every day when you have accumulated spending of HK$2,000 in any month

Cons

  • No Bonus Points will be offered for selected online bill payments
  • No Bonus Points will be offered for purchases and/or adding value to stored-value cards or e-Wallets (except PayMe/ Octopus Automatic Add Value Service)
  • No extra 0.6 Points for PayMe/ Octopus Automatic Add Value Service
  • Points can't convert to Asia Miles
Dah Sing ONE+ Credit Card
Dah Sing ONE+ Credit Card

$150,000

Min. Annual Salary

1%

Cash back on overseas spend

1%

Cash back on local spend

Promotion: Welcome offer: up to HK$900 cash rebate & 12-month "Online Shopping Insurance" as low as HK$68
Best for: Focus on cash rebate in all kind of spending

Pros

  • Welcome offer up to HK$900 cash rebate & 12-month "Online Shopping Insurance" as low as HK$68
  • Unlimited 1% cash rebate on local and overseas spending
  • 1% cash rebate on Octopus reload amount
  • Low annual income requirement, first 2-year annual fee waiver

Cons

  • No cash rebate on automatic transfer and online banking bill-payment
  • E-wallet transaction is not eligible as welcome offer spending
American Express Cathay Pacific Elite Credit Card
American Express Cathay Pacific Elite Credit Card

$300,000

Min. Annual Salary

N.A

Cash back on overseas spend

N.A

Cash back on 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
Show more cards

Octopus Rewards From Credit Cards

Cashback

Link up Octopus AAVS with a designated credit card such as EarnMORE UnionPay Card, Standard Chartered Simply Cash Visa Card and Citi Cash Back Visa Card to earn cash rebate. Please note that the reload amount varies from HK$150, HK$250 to HK$500. AAVS can only be reloaded once a day and the maximum rewards cardholders can earn varies.

Air Miles

Link up Octopus AAVS with a designated credit card such as Standard Chartered Asia Miles Mastercard, Citi Prestige Card, Dah Sing British Airways Platinum Card to earn air miles. Please note that the reload amount varies from HK$150, HK$250 to HK$500. AAVS can only be reloaded once a day and the maximum rewards cardholders can earn varies.

Standard Chartered Simply Cash Credit Card Rewards

Unlimited Cash Rebate

Earn up to 1.5% unlimited cashback on local currency spending and 2% cashback on foreign currencies spending with no minimum spending requirement.

Payme

Top up PayMe e-wallet to earn up to 1.5% rebate, capped at HK$75 monthly and HK$900 annually.

Welcome Offer

New customers can enjoy 100% CashBack on any eligible transactions within the first 2 months upon the card issuance, capped at HK$1,000. Apply via MoneySmart to enjoy an exclusive HK$250 voucher.

Citibank Cash Back Visa Card Rewards

Enjoy unlimited cash rebate with no minimum spending throughout the year. Earn 2% on local spend and spending in foreign currency. Also eligible for 1% rebate on e-wallet transaction (PayMe, WeChat Pay, AliPay, Octopus Card). Cardholders can also enjoy all Visa Signature Privileges.

Can We Get Unlimited Cashback?

In most cases, no. Cashback credit cards reward you with cash rebates based on your spending amount. This amount is credited to your account, giving you a discount off your credit card bill. Some banks may link cashback to their reward point schemes, giving you a choice between cashbacks and gifts. For some banks, you can pay cash dollars at selected merchants as cash. With the said that, cashback credit cards also have limits. Here are 3 tips for you:

Tip 1

Basic cashback

Some cash back credit cards may set a minimum spend for getting cash rebates. Some banks may set a cap on cashback amount or certain categories.

Tip 2

Bonus cashback

Many banks partner with merchants to launch joint offers from time to time. These are awarded on top of the base cash rebate and can be pretty high. Note that some banks may set a spending requirement, plus you need to register in advance to get the cashback offer.

Tip 3

Introductory offers

You’ll get cashbacks as a welcome offer for applying for new credit cards. Note that banks usually set a spending requirement, and you can’t cancel their credit cards over the past 6-12 months. For the welcome cash rewards, banks will transfer it to your credit card account in a few months.

Hang Seng enJoy Dollars V.S. Merchant Dollars

With Hang Seng credit cards, cardholders can earn Cash Dollars for every spending, which can be used to offset spending at over 7,600 designated merchant outlets in Hong Kong. At designated merchants such as Sa Sa, Mirabell, etc., cardholders can even earn Merchant Dollars on top of Cash Dollars for every spending. Please be reminded that Merchant Dollars can only be used at the same designated merchants as instant cash.

What credit card gives the most cash back?

What credit card gives the most cash back?

In general, most credit cards around 0.4% to 1% rebate, which is HK$0.4 to HK$1 cash back. Some credit cards may focus on certain spending categories, such as entertainment, spending in foreign currency, and dining, etc., offering up to 4 to 5% cashback. For example, WeWa Union Pay Card offers up to 4% Cash Rebate for spending in specific categories ("Travel", "Cinema", "Karaoke" and "Theme Park") throughout the year.

How do cashback credit cards work?

Cashback credit cards give you a cash rebate for eligible spending. Card issuers can afford to give cardholders cash back because of the interchange fees that merchants pay for each transaction. Some cashback cards offer bonus categories and tiered rewards. Some of them also have a minimum spend requirement and a cashback cap.

What does it mean to get cash back on a credit card?

Cashback credit cards are effortless and simple to use since the cashback is automatically credited into your credit card account. Some banks also link cashbacks to their reward points scheme, such as Hang Seng. Cash Dollars can be used as coupons or cash at selected merchants.

Are cashback cards worth it?

The best thing about cash back credit cards is that you don’t need to worry about the expiry date of points. All cash back will be credited directly into your credit card account. Unlike air miles and gifts, you don’t need to pay extra fees for redeeming.

What is the best cashback credit card with no annual fee?

Before getting a cashback credit card, sort out your spending habits and frequent spending categories. For people who frequently shopping on enJoy card designated merchant, Hang Seng enJoy Card can be a good option. If you prefer cash back, you can consider BOC Dual Currency Card/ China Construction Bank (Asia) eye Credit Card.