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HSBC Red Credit Card
Apply through MoneySmart and redeem for any of these:
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HSBC Extra Reward Offer
$350 RewardCash
Valid Until 30 November 2026
$350 RewardCash
Valid Until 30 November 2026
HSBC Extra Reward Offer
$300 RewardCash
Valid Until 30 November 2026
$300 RewardCash
Valid Until 30 November 2026
Cash Instalment Plan
Extra $200 RewardCash
Valid Until 30 November 2026
Extra $200 RewardCash
Valid Until 30 November 2026
【⚡Limited-Time Welcome Offer Boost: Earn Up to $850 RewardCash + Enjoy Up to 12% Rebate on Apple Spending 🚀】
From now until 30 November 2026, new credit card customers who successfully apply for the HSBC Red Credit Card via MoneySmart using promo code “HSBCRED” during the Promotion Period and accumulate eligible spending of HK$12,000 within the first 60 calendar days after card issuance can enjoy a total of up to $650 RewardCash. Successfully apply for the “Cash Instalment Plan” to earn an additional $200 RewardCash!
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【🍎Apple Exclusive】Earn Up to an Extra $1,150 RewardCash!
From 10 September to 13 November 2026, spend with your HSBC Red Credit Card via Apple Pay at Apple Store retail stores, the Apple Store Online or Apple Store App to enjoy:
・Cumulative eligible spending of HK$5,000 or above: Enjoy an extra 6% RewardCash rebate (up to $350 RewardCash during the entire Promotion Period); and
・Successfully apply for the “Spending Instalment Plan”: Enjoy an extra 2% RewardCash rebate (up to $400 RewardCash); and
・Spend at the Apple Store Online or via the Apple Store App: Earn 4% RewardCash on online spending! Terms and conditions apply.
Valid till 30 Nov 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 any approved personal primary credit card when HSBC processes the application for an Eligible Credit Card.
Note: This offer is only applicable to New Credit Card Customers. Existing Credit Card Customers and Student Cardholders are not eligible.
What you need to know
【Limited-Time Welcome Offer Boost – Earn Up to $850 RewardCash Including Extra Rewards】
・Limited-Time Welcome Offer: Spend HK$12,000 to Earn $350 RewardCashFrom 24 August to 30 November 2026, new credit card customers who successfully apply for an eligible credit card via MoneySmart using promo code “HSBCRED” and receive card approval can earn $350 RewardCash upon accumulating eligible spending of HK$12,000 within the first 60 calendar days after card issuance. Terms and conditions apply.
・Basic Welcome Offer: Enjoy $300 RewardCash
From 1 March 2026 to 28 February 2027, new credit card customers who successfully apply for an eligible credit card and receive card approval can earn an additional $300 RewardCash upon making eligible transactions of HK$5,800 or above within the first 60 calendar days after card issuance. Terms and conditions apply.
・“Cash Instalment Plan”: Earn an Extra $200 RewardCash
New credit card customers who activate their eligible credit card within the first 60 calendar days after card issuance, successfully apply for the “Cash Instalment Plan” with an approved drawdown amount of HK$20,000 or above, and select a repayment tenor of 12 months or above can earn an additional $200 RewardCash. Terms and conditions apply.
【🍎Apple Exclusive | Enjoy Up to 12% RewardCash rebate!】
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1. From 10 September to 13 November 2026, accumulate eligible spending of HK$5,000 or more (single net spending of HK$500 or above) using your HSBC Red Credit Card via Apple Store offline, Apple Store Online or Apple Store app to earn an additional 6% RewardCash rebate (Max. rebate: $350 RC throughout the period)
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2. During the promotional period, make an eligible purchase of HK$1,000 or more using your HSBC credit card via Apple Pay at Apple Stores, the Apple Store online store, or the Apple Store App, and successfully set up a Spending Instalment Plan of 12 months or longer, you'll enjoy an additional 2% RewardCash rebate (Max. rebate: $400 RC).⠀⠀
🌟 Tips: You can earn a 4% RewardCash rebate on online spending with Red Card, and stack up more rewards when you shop at the Apple Store online store or the Apple Store app!"New Credit Card Customers" refer to customers without any approved personal primary credit card issued by The Hongkong and Shanghai Banking Corporation Limited in Hong Kong (and its successors and assigns) when HSBC process the application for the Eligible Credit Card.
"Existing Credit Card Customers" refer to customers with any approved personal primary credit card issued by The Hongkong and Shanghai Banking Corporation Limited in Hong Kong (and its successors and assigns) when HSBC process the application for the Eligible Credit Card.
Card Details
Good For
Things to Note
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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.
Why Choose MoneySmart?
MoneySmart is a trusted one-stop financial and insurance product comparison platform designed to save you time and money.
- Established Brand History: Founded in Singapore in 2009, the MoneySmart Group has evolved into a leading personal finance brand.
- Exclusive Offers from Official Partners: We partner with major banks in Hong Kong (such as Standard Chartered, HSBC, and Citibank), renowned insurance companies (such as Allianz, AXA, Starr, BlueCross and more), and top licensed brokerages to bring you exclusive offers.
- AI-Driven Personalized Recommendations: Through data analysis and smart matching, all users receive financial solutions tailored to their specific goals, rather than one-size-fits-all options.
- Clear Reward Tracking and Redemption Process: Our platform features a standardized reward redemption procedure backed by live customer service support, ensuring eligible users reliably receive their promised rewards.
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.