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HSBC Red Credit Card
Apply through MoneySmart and redeem for any of these:
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MoneySmart Exclusive
Stanley The Quencher H2.0 Flowstate™ Tumbler 880ml / 30oz. (Random Colour) (Value: HK$380)
Stanley The Quencher H2.0 Flowstate™ Tumbler 880ml / 30oz. (Random Colour) (Value: HK$380)
MoneySmart Exclusive
Doshisha Gorilla Calf Massager (Value: HK$398, random color)
Doshisha Gorilla Calf Massager (Value: HK$398, random color)
MoneySmart Exclusive
Branden Safe Plus Wallet Bag (Value: HK$305, random color)
Branden Safe Plus Wallet Bag (Value: HK$305, random color)
【Apply via MoneySmart for an exclusive Trip.com Hotel & Flight discount + Extra Rewards up to HK$398!】
From now until 30 June 2026, New and Existing Credit Card Customers who apply successfully for the designated HSBC credit card via MoneySmart and submit the redemption form by 15 July 2026, can exclusively enjoy ⚡️Trip.com 8% Hotel Booking Promo Code + HK$100 Flights Promo Code ( terms & conditions applied) upon Application and can earn one of the following gifts at ZERO COST:
🌟 Doshisha Gorilla Calf Massager (Value: HK$398, random color)
🌟 Stanley The Quencher H2.0 Flowstate™ Tumbler 880ml / 30oz. (Value: HK$380, random color))
🌟 Branden Safe Plus Wallet Bag (Value: HK$305, random color)
⠀⠀
🏦 Score even more! You can also grab the bank welcome offer!
Valid till 30 Jun 2026
ARE YOU ELIGIBLE?
Before the application through the MoneySmart, please first Turn off ad block; Clear the cookies; Don’t use incognito mode; Turn off the prevent cross-site tracking (Safari users) or Turn off do not track function (Chrome users)
After clicking MoneySmart’s designated link, please complete the application from asap; Do not open another web page.
"New Credit Card Customers" refers to customers without ay approved personal primary credit card when HSBC process the application for an Eligible Credit Card.
Customers must complete and submit the redemption form with approval proof after logging in to MoneySmart on or before 15 July 2026 to be eligible for extra rewards.
WHAT YOU NEED TO KNOW
【MoneySmart Exclusive Offer】
From 1 June to 30 June 2026, successfully apply for any designated HSBC Credit Card via MoneySmart, and submit the redemption form on or before 15 July 2026, you can earn :
⚡️Agoda 7% Hotel Promo Code (Up to HK$780 Off); AND
・ Doshisha Gorilla Calf Massager (Value: HK$398, random color) or
・ Stanley The Quencher H2.0 Flowstate™ Tumbler 880ml / 30oz. (Value: HK$380, random color) or
・ Branden Safe Plus Wallet Bag (Value: HK$305, random color)MoneySmart Exclusive Offer is provided by MoneySmart, The Hongkong and Shanghai Banking Corporation Limited has no relation with its redemption, usage and dispute
【Limited-time Bank Welcome Offer up to $500 RewardCash】
During the Promotion Period, New Credit Card Customers who successfully apply for HSBC Red Credit Card, and make a respective accumulated amount of Eligible Transactions totallling HK$5,800 within the first 60 calendar days after card issuance, can enjoy $300 RewardCash; Successfully apply for Spending Instalment Plan can enjoy an additional $200 RewardCash!
Card Details
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HSBC Red Card Overview
The HSBC Red Card is a powerhouse for cashback enthusiasts, specifically targeting online shoppers and diners. It offers high RewardCash (RC) rates on specific categories, which can be flexibly redeemed for statement credits, air miles, or vouchers.
Key Features of the HSBC Red Card
The HSBC Red Card is specifically designed for young consumers and online shopping enthusiasts. Its most attractive feature is the high rebate rate, particularly on online shopping, dining, and entertainment. In terms of rebates, users can earn a 4% RewardCash rebate on online shopping and up to 8% RewardCash at designated merchants. All other general spending earns 1% RewardCash. Accumulated RewardCash can be used to offset credit card statements, exchange for miles, or redeem gifts. There are no special hurdles for application; generally, maintaining a good credit record provides a high chance of approval.
Is the HSBC Red Card Good? Pros and Cons
HSBC Red Card Pros
- Cash Rebate: Cardholders can enjoy up to 4% RewardCash on online transactions and up to 8% RewardCash at designated merchant categories.
- Annual Fee Waiver: The HSBC Red Card has no annual fee.
- Red Hot Stamp Card Rewards: Cardholders can enjoy a series of Red Hot Stamp Card rewards, such as earning up to an extra $30 RewardCash on McDonald's transactions.
- Instant Activation: Once approved, the HSBC Virtual Card can be activated immediately for quick and convenient use.
- Priority Booking: Cardholders enjoy priority booking for Live Nation Events, getting a head start on reserving tickets for concerts, music festivals, and more.
HSBC Red Card Considerations
- Minimum Spending Amount: To enjoy the HSBC Reward+ Red Hot Stamp Card rewards, cardholders must meet specific spending amounts in designated categories (e.g., a single transaction of HK$200 at YATA to earn a Reward+ stamp). If the minimum spending is not met, the reward cannot be claimed.
- Rebate Caps: The card has a rebate limit. The 4% RewardCash on monthly online shopping only applies to the first HK$10,000 of spending; subsequent online transactions earn an unlimited 0.4% RewardCash rebate.
- Manual Registration Required: To enjoy the extra 5x RewardCash from "Red Hot Rewards of Your Choice," cardholders must register in advance.
HSBC Red Card Welcome Offers
New customers opening an HSBC Red Card account can enjoy welcome privileges. Upon successful approval, new-to-bank credit card customers who successfully apply for a "Cash Conversion" Installment Plan can earn an additional $200 RewardCash. However, please note that MoneySmart exclusive rewards cannot be claimed simultaneously with the HSBC Red Card welcome offer.
HSBC Red Card Rebate Table + Rebate Caps
Rebate Rate | Spending Category / Merchant Name | Rebate Cap |
Up to 8% RewardCash | Sushiro Hong Kong, TamJai SamGor Mixian, TamJai Yunnan Mixian, The Coffee Academïcs, GU, Decathlon Hong Kong, lululemon, NAMCO, and TAITO STATION. | 100 RewardCash For designated merchant spending each calendar month, the 8% rate applies to the first HK$1,250. Subsequent spending in this category earns an unlimited 0.4%. |
Up to 4% RewardCash | Online Shopping | 400 RewardCash For online shopping each calendar month, the 4% rate applies to the first HK$10,000. Subsequent online spending earns an unlimited 0.4%. |
HSBC Red Card Foreign Transaction Fees
- Overseas Transactions: A 1.95% fee is charged per transaction.
- Overseas ATM Withdrawals: A 3.5% fee is charged per transaction.
- Note: If you make a HKD transaction with an overseas merchant online (e.g., App Store, Netflix, Spotify, Airbnb), the HSBC Red Card charges an additional 1% fee (Cross-Border Fee).
HSBC Red Card Annual Fee and Waiver Policy
The HSBC Red Card features a permanent annual fee waiver. This also applies to any additional supplementary cards.
HSBC Red Card FAQ
What is the annual fee for the HSBC Red Card? Can it be waived?
The HSBC Red Card has a permanent annual fee waiver.
Is the HSBC Red Card welcome offer only for new HSBC customers?
The welcome offer applies to all new applicants—specifically customers who do not currently hold any approved personal credit cards issued by HSBC at the time of application.
How can I open an HSBC Red Card supplementary card?
You can apply for supplementary cards through HSBC branches or via their online banking platform.
What is the rebate cap for the HSBC Red Card?
The rebate structure has changed from an unlimited 4% on online spending to a monthly cap of HK$10,000.
What is the definition of "Online Spending" for the HSBC Red Card?
According to the HSBC official website, online transactions refer to eligible spending conducted online with formal transaction records. These are determined based on the merchant codes or transaction categories assigned by Mastercard Asia/Pacific (Hong Kong) Limited or the individual merchant's acquiring bank.
If I apply via MoneySmart, can I receive both the "MoneySmart Exclusive Welcome Offer" and the "HSBC Official Welcome Offer"?
No. If you opt for the MoneySmart exclusive offer, you cannot receive the HSBC official welcome offer simultaneously.
Who is the HSBC Red Card suitable for?
It is ideal for young consumers who frequently shop online, enjoy watching movies, or participate in local entertainment activities. The targeted rewards for online spending and entertainment effectively reduce the costs of these lifestyle choices.