Best Credit Cards for Expats and Foreigners in Hong Kong
With selected credit cards, you can enjoy rewards for local and overseas spending. We have put together a list of selected credit cards. Choose the ones that match your spending pattern the most.
Which cards should expats and foreigners apply?
Click the cards below to learn more:
For Cashback
Citi Cash Back Card
- Minimum Income Requirements
- HK$120,000
- Cash back on overseas spend
- 2%
- Cash back on local spend
- 2%
From now until 2 January 2024, upon successful application of a designated Citi credit card via MoneySmart and eligible spending of HK$2,000 after card issuance, new customers can enjoy an exclusive reward of HK$1,600 Apple Store Gift Card or HK$1,600 PARKnSHOP Supermarket Voucher or Bose SoundLink Revolve+ II Bluetooth Speaker (Retail value: HK$2,699)
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Standard Chartered Smart Card
- Cash back on spending at designated stores of HKTVmall
- 5%
- Cash back on local spend
- 5%
- MoneySmart Exclusive Offer
- Up to HK$3,999
【SC Smart Card Offer: Total rewards amount is as high as HK$3,999!】 New Cardholders who successfully apply for Standard Chartered Smart Card now via MoneySmart to get extra HK$1,200 Apple Store Gift Card or HK$1,200 PARKnSHOP supermarket vouchers or HK$1,200 Uber vouchers or Samsung Galaxy Tab A9 (retail value: HK$1,288) or Bose QuietComfort® 45 Headphones (retail value: HK$2,499)! From now to 31 December 2023, enjoy 8% cashback at PARKnSHOP and its designated retail stores and PNS eSHOP.
[Referral Program] After applying for the card, get extra HK$300PARKnSHOP supermarket vouchers by referring each relatives and friends to apply as well! The more you refer, the more rewards you get!
For Air Miles
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DBS Black World Mastercard
- Welcome Offer
- Up to 42,000 miles
- Upon meeting local and overseas spending goal*
- HK$3/mile
- Miles Conversion (overseas spend)
- HK$4/mile
From now until 31 December, customers who successfully apply for DBS Blackworld Mastercard via MoneySmart, can enjoy HK$500 Apple Store Gift Card/ Klook Voucher/ PARKnSHOP Supermarket Voucher! You can also earn the bank welcome offer of up to 42,000 miles at the same time!
【Apple fans - Attention!】Shop at Apple Store with Flexi Shopping: Save on handling fees in 6 to 60-month instalments and get a chance to win a 100% cash rebate on Apple Store spending!
DBS Black World Mastercard offers HK$6 = 1 mile, capped at 833 monthly and 9,996 yearly.
Welcome offers: Offers up to 120,000 miles plus exclusive HK$200 supermarket voucher for successful application via MoneySmart.
Standard Chartered Cathay Mastercard
- Miles Conversion(Eligible spending on Cathay and HK Express)
- HK$2 = 1 mile
- Miles Conversion (Eligible spending on dining, online and overseas category)
- HK$4 = 1 mile
- Bank Welcome Offer
- 63,000 miles
[Limited time offer - Space-saving HomePod mini!]
Apply for Standard Chartered Cathy Mastercard now via MoneySmart to get an extra HK$700 PARKnSHOP supermarket vouchers or HK$700 Apple Store Gift Card or HK$700 Uber voucher or Apple HomePod mini (Retail price: HK$749) ! Enjoy up to 63,000 welcome miles!
Citi Prestige Card
- Minimum Income Requirements
- HK$600,000
- Miles Conversion (overseas spend)
- $4 = 1 Mile
- Miles Conversion (local spend)
- $6 = 1 Mile
From now until 2 January 2024, upon successful application of a designated Citi credit card via MoneySmart and eligible spending of HK$2,000 after card issuance, new customers can enjoy an exclusive reward of HK$1,600 Apple Store Gift Card or HK$1,600 PARKnSHOP Supermarket Voucher or Bose SoundLink Revolve+ II Bluetooth Speaker (Retail value: HK$2,699)
For Grocery Shopping
Hang Seng enJoy Card
- Annual fees
- Perpetual annual fee waiver
- Cash back on local spend
- 2％
- Welcome Offer
- Up to 120,000 yuu Points
Hang Seng enJoy Card offers 1% enJoy Dollars rebate (HK$200 = HK$2 enJoy Dollars) at participating merchants (e.g. Wellcome, Market Place by Jasons, 3hreesixty, etc.) and 5% off selected items at 7-Eleven on the 8th and 18th each month.
Citi Rewards MasterCard
- Minimum Income Requirements
- HK$120,000
- Wallet transactions(Apple Pay、 Google Pay and Samsung Pay)
- 5X Points
- Miles Conversion (local spend)
- $3 = 1 Mile
From now until 2 January 2024, upon successful application of a designated Citi credit card via MoneySmart and eligible spending of HK$2,000 after card issuance, new customers can enjoy an exclusive reward of HK$1,600 Apple Store Gift Card or HK$1,600 PARKnSHOP Supermarket Voucher or Bose SoundLink Revolve+ II Bluetooth Speaker (Retail value: HK$2,699)
Citi Rewards Card offers 5X Points all year round and 8X Points during your birthday month on spending at supermarkets throughout the year.
Things you need to know about credit card application
Documents Required
To apply for credit cards, applicants are required to submit supporting documents which include identity proof (e.g. HKID card), income proof (e.g. payslips/ bank statements) and address proof (e.g. utility bills). If you do not hold an HKID card and have not started working, you can submit your passport with your working visa and employment contract instead.
Processing Time
If you have filled out the application form correctly and submit all the necessary documents, it usually takes less than 2 weeks for approval.
Credit Card Fees
Besides annual fee, please note that there are other credit card fees including late charges, overseas transactions handling fee, over-limit handling fee and returned cheque & rejected autopay charges, etc.
Credit Cards for Expats and Foreigners Frequently Asked Questions
Which credit card is the best in Hong Kong?
There is no quick answer to this question. To get smart about your money, it is best to choose a credit card that matches your spending pattern to maximise the rewards for your spending. If you travel a lot, it is money-saving to apply for credit cards that offer miles. If you do grocery shopping a lot, apply for credit cards that offer discounts at supermarkets saves you money.
Can foreigners apply for credit cards in Hong Kong?
Non-permanent residents can submit credit card application online together with supporting documents which include identity proof (e.g passport), income/ employment proof and address proof for approval.
Can cardholders apply for an annual fee waiver?
To avoid paying an annual fee, cardholders are generally required to meet minimum spending requirements. It is best to check before applying to see if it fits your spending pattern. Alternatively, cardholders can call the customer service hotline and try to have it waived.
How to cancel my credit card?
You can call the customer service hotline of the card issuer to request card cancellation. Please note that if the principal card is cancelled, all supplementary card and internet account will also be cancelled.
