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Standard Chartered UnionPay Dual Currency Platinum Credit Card features dual currency- HKD and CNY in one card so cardholders can enjoy paying effortlessly in both places without worrying about the exchange rate. It also offers foreign exchange markup waiver, evergreen 360° points and a wide range of dining, shopping, lifestyle and entertainment offers.
Usually, there is a markup fee for foreign exchange for transactions settled in Hong Kong dollars made outside Hong Kong. With Standard Chartered UnionPay Credit Card, you will not be charged handling fees for purchases in RMB and foreign currencies. For example, any transactions made in Hong Kong and overseas will be posted to your HKD account and be repaid in HKD.
Standard Chartered offers currency switching solution to customers. If you go to SCBHK online or go to SC Mobile App, you can start foreign exchange trading easily. By selecting a conversion currency and agreeing on the exchange rate, you can switch the currency as many as times as you wish before your deposits’ maturity date.
Standard Chartered offers assistance to cardholders even when traveling abroad. You can enjoy plenty of advantages with your Standard Chartered Bank Union Pay Card. For wherever in the world you may be in, you can get assistance for any of your travel and other emergency assistance services. The services include organizing a flight to certain destinations, recommending a restaurant in Hong Kong, or arranging for opera tickets. You can simply call and speak to a Concierge Service Representative and get his/her help.
Besides credit card annual fees, cardholders need to be aware of other common charges that associated with SCB credit cards such as a late charge, card replacement fee, returned item fee (e.g. rejected direct debit authorisation), over-limit charge, etc.
If the minimum payment is not received by the relevant due date, a late fee will be charged. The amount will either be 5% of the outstanding balance or the minimum payment due.
If a replacement card is required, HK$100 will be charged for each credit card account.
Cash withdrawal costs HK$75 per cheque. This service is provided for free if transfer is made to a Standard Chartered account.