^HK$60,000

Min. Annual Salary

2.4%

RewardCash Rebate

HK$4.17 = 1 Mile

Miles Conversion (local spend)

All Details

• Key Features

  • Welcome Offer: get $800 RewardCash (for new credit card customers) if you make eligible transactions of HK$8,000 or above within the first 60 days of card issuance.

  • New Credit Card Customers can enjoy an extra $200 RewardCash if successfully applied for a Cash Instalment Plan.

  • Extra $100 RewardCash by using the QR Code Payment function in HSBC Reward+

  • First 2 years annual fee waiver

  • Get up to 2.4% RewardCash rebate for spending in Rewards of Your Choice category

  • Check-out at designated merchants in Mainland China, Hong Kong, Macau and other regions that accept UnionPay QR code without having to show the physical card

  • Enjoy flexible payment in Hong Kong dollars and Renminbi without worrying about exchange rate fluctuations

  • Terms and Conditions Apply

  • To borrow or not to borrow? Borrow only if you can repay!

Dining

UnionPay

Air Miles

• HK$4.17 = 1 Mile (local spend)

• HK$2.94 = 1 Mile (overseas spend)

Overseas Spending

• HK$2.94=1 Mile for Overseas Spending

Best Credit Cards

• Earn up to 4.4% RewardCash rebate (= HK$2.27/mile) by registering for “Red Hot Rewards of Your Choice” and Red Hot Online & Overseas Spending Rewards

Welcome Offers

• Welcome Offer: get $800 RewardCash (for new credit card customers) if you make eligible transactions of HK$8,000 or above within the first 60 days of card issuance.

• New Credit Card Customers can enjoy an extra $200 RewardCash if successfully applied for a Cash Instalment Plan.

• Extra $100 RewardCash by using the QR Code Payment function in HSBC Reward+

• First 2 years annual fee waiver

Annual Interest Rate and Fees

Annual Principal Fee	HK$300
Supplementary Annual Fee	HK$150
Fee Waiver
Interest Free Period	Up to 56 Days
Annual Interest Rate	37.75
Late Payment Fees	Minimum payment due or HK$230, whichever is lower
Minimum Monthly Repayment	Varies. For more info, view T&C
Foreign Currency Transaction Fee	1.00%
Foreign Cheque Clearing Fee	HK$100
Cash Advance Transaction Fee	37.75%
Cash Advance Fee and Handling Fee	2% of cash amount and 3% handling fee (min HK$/RMB$55)

Minimum Income Requirements

Local Resident	HK$60,000
Foreigner	HK$60,000

Card Association

UnionPay