Best Standard Chartered Credit Cards in Hong Kong

Updated October 2019

Choosing a credit card that best fits you is overwhelming, but MoneySmart.hk will help you pick out a good Standard Chartered credit card to complement your spending habits.

Popular Standard Chartered Credit Cards

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Standard Chartered Simply Cash Visa Card

HK$96,000

Min. Annual Salary

1.5%

Cash back on local spend

N.A.

Miles Conversion (local spend)

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Key Features

  • Unlimited cash rebate with no minimum spending
  • 1.5% Cash Rebate on local currency spending
  • 2% Cash Rebate on foreign currencies spending
  • 1.5% rebate on online shopping and automatic add value service of Octopus Card

Annual Interest Rate and Fees

Annual Interest Rate33.41%
Principle Annual FeeHK$2,000
Supplementary Annual FeeN/A
Fee WaiverYes
Minimum Monthly RepaymentAll interest, fees, charges (including Annual Fee(s)), the total of the over-limit amount and/or the overdue amount (where applicable) that may be charged, plus 1% of outstanding principal or HK$220, whichever is higher
Interest Free PeriodUp to 56 days

Minimum Income Requirements

Local ResidentHK$96,000
ForeignerHK$0

Other

Card AssociationVisa
Wireless PaymentVisa PayWave
Standard Chartered Platinum Credit Card

HK$150,000

Min. Annual Salary

0.4%

Cash back on local spend

HK$15 = 1 Mile

Miles Conversion (local spend)

Key Features

  • Welcome offer: Up to HK$600 shopping voucher, if also apply Standard Chartered UnionPay Dual Currency Platinum Credit Card can get HK$800 shopping voucher
  • Easily convert 360° Rewards Points to cash on your credit card
  • No expiry of 360° Rewards Points

Annual Interest Rate and Fees

Annual Interest Rate33.41%
Principle Annual FeeHK$1,800
Supplementary Annual FeeN/A
Fee WaiverYes
Minimum Monthly RepaymentAll interest, fees, charges (including Annual Fee(s)), the total of the over-limit amount and/or the overdue amount (where applicable) that may be charged, plus 1% of outstanding principal or HKD/CNY220, whichever is higher
Interest Free PeriodUp to 56 days

Minimum Income Requirements

Local ResidentHK$150,000
ForeignerHK$0

Other

Card AssociationMastercard / Visa
Wireless PaymentN/A
Standard Chartered UnionPay Dual Currency Platinum Credit Card

HK$96,000

Min. Annual Salary

0.35%

Cash back on local spend

HK$15 = 1 Mile

Miles Conversion (local spend)

Key Features

  • Enjoy a waiver of foreign exchange markup on spending in CNY and foreign currencies
  • No expiry for the 360° Rewards Points earned
  • Enjoy privileges offered by UnionPay

Annual Interest Rate and Fees

Annual Interest Rate33.41%
Principle Annual FeeHK$1,800
Supplementary Annual FeeN/A
Fee WaiverNo
Minimum Monthly RepaymentAll interest, fees, charges (including Annual Fee(s)), the total of the over-limit amount and/or the overdue amount (where applicable) that may be charged, plus 1% of outstanding principal or HK$/CNY220, whichever is higher
Interest Free PeriodUp to 56 days

Minimum Income Requirements

Local ResidentHK$96,000
ForeignerHK$0

Other

Card AssociationUnionPay
Wireless PaymentN.A.
All results loaded

Best Standard Chartered Credit Cards in Hong Kong 2019

Standard Chartered Credit CardBenefitsMin. Annual Salary
Standard Chartered Asia Miles Credit CardOfficial Asia Miles co-branded credit card that lets you earn miles (directly credited into your account)HK$96,000
Standard Chartered Simply Cash Credit CardEarn 1.5% cash back with no minimum spending requirement and no capHK$96,000
Standard Chartered Platinum Credit CardEarn 1 reward point for every HK$1 spent; points never expireHK$150,000
Standard Chartered UnionPay Dual Currency Platinum Credit CardDual currency credit card that lets you pay in RMB or HKD with no extra feesHK$96,000

Standard Chartered Credit Card Promotions

One of the key selling points of Standard Chartered credit cards is the variety of attractive lifestyle promotions for all cardholders. These are offered in multiple categories including dining, shopping, travel, and health. Some year-round highlights are:

Dining Promotions

Standard Chartered credit card holders get discounts at selected hotel buffets, such as Crowne Plaza Hong Kong, InterContinental Hong Kong, JW Marriott Hotel Hong Kong. In addition, you can find deals at popular Hong Kong restaurants and takeaway outlets such as BLT Steak, Bee Cheng Hiang, and Häagen-Dazs.

Shopping Promotions

You can get discounts at selected retail stores in Hong Kong with a Standard Chartered credit card. Swipe your card to get discounts in electronics at FORTRESS and BOSE, and get instant discounts with a minimum spend of HK$500 on your personal care essentials at Watsons.

Travel Promotions

If you’re a frequent flyer, you probably already have the Standard Chartered Asia Miles Credit Card in your arsenal. In addition, you can make use of merchant tie-ups with popular travel website Agoda, Expedia, and Hotels.com to further get discounts and miles with your hotel bookings.

Standard Chartered Cashback & Rewards

All Standard Chartered customers can earn rewards with all eligible credit card spending. Depending on the credit card you choose, you’ll earn either Asia Miles (with the Standard Chartered Asia Miles card), cashback, or 360° Rewards Points. Gifts and rewards can be redeemed via their online platform or via phone (restrictions apply - can only redeem air miles and cash.)

Standard Chartered Cashback

With the Standard Chartered Simply Cash Credit Card, you can earn cash rebates directly whenever you spend on the card. With other cards, you can also get cashback with your 360° Rewards Points - just redeem them via SCB’s rewards platform. If you have multiple Standard Chartered credit cards, it’s possible to consolidate and combine your cashback. The minimum threshold for cashback redemption is HK$50 per account.

360° Rewards Points

It’s often more worthwhile to redeem shopping vouchers (instead of cashback) with your Standard Chartered rewards points. You can exchange points for gift cards at merchants like PARKnSHOP and IKEA which is great for families. Other shopping categories include electronics, lifestyle, and travel. Can’t find anything in the catalog that you want? For a meaningful way to use up your rewards points, Standard Chartered actually lets you convert them into charity donations.

Standard Chartered Credit Card Features & Benefits

Credit cards are so much more than just a payment method these days - we also want them to add value to our lives with unique practical benefits. Here are three of Standard Chartered’s best credit card features to utilize:

#1

Octopus AAVS

Sign up for AAVS (Automatic Add Value Service) to automatically reload your Octopus card balance with your Standard Chartered credit card. Not only do you avoid the hassle of manually topping up your card, but you can also earn cashback or 360° Rewards Points with your Octopus card expenditure.

#2

The Good Life Health Rewards

Dining and lifestyle perks may be a dime a dozen, but how many credit cards offer healthcare privileges like Standard Chartered? Cardholders can get special rates on health screenings, vaccinations, eye care, and even traditional Chinese medicine treatments.

#3

Statement Instalment Plan

For those who need help managing their cash flow, Standard Chartered credit card holders can split their shopping bills into multiple installments. The minimum amount for each installment is HK$1,500, and you can choose the repayment period (6 to 24 months) that works for you.

Standard Chartered Credit Card Fees

As with every other bank, annual fees aren’t the only fees you need to look out for when you get a Standard Chartered credit card. Here are three other common (but often avoidable) credit card fees.

Cash Advance Fee

While you won’t get charged for using your Standard Chartered credit card to make payment at retail merchants, using your card to withdraw cash will incur a fee of 3.5% of the cash advance amount or HK$100, whichever is higher.

Statement Retrieval Fee

Whether you are receiving e-statements or hard copy statements from Standard Chartered, it pays to file them away properly. Should you need to retrieve a past statement for an insurance claim or any other reason, it will cost HK$50 per copy.

Card Replacement Fee

Be careful not to misplace your Standard Chartered credit card, because replacing your card will cost HK$100 (per credit card account).

Standard Chartered Credit Card Hotlines

Standard Chartered has a number of enquiry hotlines. For credit card holders, the most important one to save to your address book is the one for lost or stolen credit cards: (852) 2282 1533. For general enquiries such as following up on your credit card application, you can call the Standard Chartered Credit Card 24-Hour Customer Service Hotline at (852) 2886-4111. Alternatively, try the Standard Chartered Banking Service Hotline at (852) 2886-8888 for other banking-related enquiries, including ATM cards. If your enquiry is not urgent, you can also chat with Standard Chartered’s chatbot Stacy at the bottom right corner of your SC Mobile banking app. She “speaks” both English and Chinese.

Frequently Asked Questions

How can I redeem my Standard Chartered rewards points?

The easiest way to check, manage, and redeem your Standard Chartered rewards points is to log into Standard Chartered’s online banking platform. You can browse the entire catalog and redeem your desired reward instantly via the 360° Rewards Redemption Platform. Air miles and cash rebates can also be redeemed on the phone, via the 24-hour customer service hotline.

How long does it take to get Standard Chartered Credit Card?

Standard Chartered usually takes about one to two weeks to process a credit card application from start to finish (you receiving the new credit card). To speed up the process, make sure to furnish all supporting documents at the time of application. You can also call their 24-hour credit card hotline to follow up on your credit card application.

How do I waive Standard Chartered annual fee?

Standard Chartered annual fees vary from credit card to credit card, and annual fee waivers are usually granted on a case-by-case basis. If you get charged an annual fee, call up Standard Chartered’s credit card hotline and find out if it is possible to get it waived. You would often need to meet certain requirements, such as spend a certain amount in a year on the card, in order to do so.

Can I pay my tax bill with Standard Chartered credit card?

Yes, it is possible to charge your tax bill to Standard Chartered credit card, and then pay your credit card bill. This may seem like an extra step, but Standard Chartered has offered tax payment cash rebates in the past. That said, if there is no explicit promotion for paying taxes, do so at your own risk - tax payments are usually excluded from the list of “eligible” spending for earning miles, points or cashback.