Best Overseas Spending Credit Cards

Compare Overseas Spending Credit Cards in Hong Kong to enjoy extra air miles and cashback. read more
We found 21 Credit Cards for you!
Citibank logo
MoneySmart Exclusive
Min. Annual Salary
HK$240,000
Miles Conversion (overseas spend)
$3 = 1 Mile
Cash back (overseas spend)
N/A
Apply Now
MoneySmart Exclusive: Successful application through MoneySmart Extra HK$150 coupon Valid till 30 Apr 2020.
  • Welcome offer up to 9,000 Miles (108,000 Points) Or Afternoon tea set for two persons at Mandarin Oriental, Hong Kong Or HK$800 Wellcome Coupons Or HK$700 Sogo Gift Certificate
DBS logo
Min. Annual Salary
HK$240,000
Miles Conversion (overseas spend)
$4 = 1 mile
Cash back (overseas spend)
N/A
Apply Now
Promotion: Welcome offer up to 80,000 miles Valid till 31 Dec 2020.
Citibank logo
MoneySmart Exclusive
Min. Annual Salary
HK$240,000
Miles Conversion (overseas spend)
N.A.
Cash back (overseas spend)
2%
Apply Now
MoneySmart Exclusive: Successful application through MoneySmart Extra HK$150 coupon Valid till 30 Apr 2020.
  • Welcome offer up to HK$1,000 cash rebate Or Afternoon tea set for two persons at Mandarin Oriental, Hong Kong Or HK$800 Wellcome Coupons Or HK$700 Sogo Gift Certificate
American Express logo
MoneySmart Exclusive
Min. Annual Salary
HK$0
Miles Conversion (overseas spend)
HK$8 = 1.5 Asia Mile
Cash back (overseas spend)
N/A
Apply Now
MoneySmart Exclusive: HK$100 Voucher! Valid till 31 Mar 2020.
PrimeCredit logo
MoneySmart Exclusive
Min. Annual Salary
HK$0
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
0.40%
Apply Now
MoneySmart Exclusive: Successfully applied through MoneySmart: Extra HK$300 cash rebate. Valid till 14 May 2020.
  • Fitbit Versa Lite Smart Watch or JBL FREE X Truly Wireless In-Ear Headphones or HK$500 Cash Rebate or Ocean Park SmartFun Annual Pass (Gold Pass)
Citibank logo
Min. Annual Salary
HK$600,000
Miles Conversion (overseas spend)
$4 = 1 mile
Cash back (overseas spend)
N/A
Apply Now
  • Welcome offer 20,000 miles (240,000 points) + Complimentary 4th night at any hotel + Complimentary global airport lounge access!
American Express logo
MoneySmart Exclusive
Min. Annual Salary
HK$1,000,000
Miles Conversion (overseas spend)
$5 = 1 Mile
Cash back (overseas spend)
N/A
Apply Now
MoneySmart Exclusive: HK$300 Voucher! Valid till 31 Mar 2020.
PrimeCredit logo
MoneySmart Exclusive
Min. Annual Salary
HK$0
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
0.40%
Apply Now
MoneySmart Exclusive: Successfully applied through MoneySmart: Extra HK$300 cash rebate. Valid till 14 May 2020.
  • Fitbit Versa Lite Smart Watch or JBL FREE X Truly Wireless In-Ear Headphones or HK$500 Cash Rebate or Ocean Park SmartFun Annual Pass (Gold Pass)
Standard Chartered logo
Min. Annual Salary
HK$96,000
Miles Conversion (overseas spend)
HK$4 = 1 Mile
Cash back (overseas spend)
N/A
Apply Now
  • Welcome offer up to 40,000 Asia Miles (As low as HK$0.2 = 1 Asia Mile)
Dah Sing Bank logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$5 = 1 mile
Cash back (overseas spend)
N/A
Read More
Dah Sing Bank logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
0.4%
Read More
China Construction Bank logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$15 = 1 mile
Cash back (overseas spend)
0.4%
Read More
China Construction Bank logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$2.78 = 1 mile
Cash back (overseas spend)
N/A
Read More
China Construction Bank logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$4 = 1 mile
Cash back (overseas spend)
N/A
Read More
Bank of China logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$6 = 1 mile
Cash back (overseas spend)
N/A
Read More
Bank of China logo
Min. Annual Salary
HK$200,000
Miles Conversion (overseas spend)
HK$8 = 1 mile
Cash back (overseas spend)
4%
Read More
Bank of Communications logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$8 = 1 mile
Cash back (overseas spend)
0.4%
Read More
Bank of Communications logo
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$4 = 1 mile
Cash back (overseas spend)
N/A
Read More
ICBC logo
Min. Annual Salary
HK$250,000
Miles Conversion (overseas spend)
HK$6 = 1 mile
Cash back (overseas spend)
0.5%
Read More
ICBC logo
Min. Annual Salary
HK$250,000
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
1.5%
Read More
ICBC logo
Min. Annual Salary
HK$250,000
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
1.5%
Read More

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Best Travel / Overseas Spending Credit Cards in Hong Kong 2020

CREDIT CARDS Travel RewardsMin. Annual Salary
HSBC Visa Signature CardEnjoy up to 9X RewardCashHK$360,000
Citi PremierMiles CardHK$3= 1 mile on foreign transactionHK$240,000
DBS Black World MastercardHK$4= 1 mile on foreign transactionHK$240,000
WeWa UnionPay Card4% cashback HK$0
Standard Chartered Asia Miles MastercardHK$4= 1 mile on foreign transactionHK$96,000
American Express Cathay Pacifit Credit CardHK$8= 1.5 miles on foreign transactionHK$150,000

Foreign Transaction Fee

Credit cardholders will be charged foreign transaction fees for transactions made in foreign countries during your travel and through online shopping. The charge ranges from 1-2%, depending on the card issuer. JCB charges 1-1.95%, American Express charges 2% while Visa/ Mastercard issued by local banks charge 1.95% for each foreign transaction.

While most of the Union Pay credit cards (excluding Hang Seng and HSBC) exempt cardholders from overseas charges, the exchange rate is usually higher than Visa/ Mastercard. Moreover, the rewards of Visa/Mastercard are often more attractive. Therefore, when deciding which credit card to use during your travel, it is not wise to only consider the transaction fee. It is best to consider all factors including transaction fee, exchange rate, card rebate, etc. to be smart with money.

Credit Card Overseas Charges- DCC Markup Fee

Credit card overseas charges do not only apply to foreign transactions made in foreign countries while travelling, and it also applies to transactions made online from your home country where the vendor is in an oversea country. Very often, merchants will provide you with the option to either pay in local currency or Hong Kong currency. If you decide to pay in Hong Kong currency, you will be charged at least a 4% DCC markup fee. To avoid that, you should always pay in local currencies wherever possible.

Credit Card Travel Promotions

From now until 31 December 2020, HSBC Credit Cardholders can enjoy offers from 'Red Hot Online and Overseas Spending Rewards' throughout the year. HSBC Cardholders can earn 2.4% RewardCash rebate for online and overseas spending. HSBC Premier MasterCard® Credit Cardholders can enjoy an extra 2% RewardCash rebate for overseas spending. Cardholders are required to register in order to enjoy the offers.

Moreover, holders of HSBC, Standard Chartered, Hang Seng, American Express, Bank of China, Bank of East Asia, Citibank and DBS card can enjoy up to 10% off when booking through Expedia. Agoda also offers up to 10% for designated DBS, HSBC and PrimeCredit cardholders.

Travel/ Overseas Spending Credit Cards Frequently Asked Questions

Are there any charges using UnionPay credit cards overseas?

Most of the Union Pay credit cards offer overseas charges waiver except for those issued by Hang Seng and HSBC.

What do cardholders need to pay attention to on overseas spending?

It is important to bear in mind transaction fees should not be the sole factor when deciding which card to use for foreign transaction. You should also consider other factors such as exchange rate and card rebate, etc.

Do cardholders get the exchange rate on the day of spending?

No. It will only become visible when the transaction is actually posted, which usually takes a few days.

What currency should be used in foreign transactions?

If you pay in Hong Kong currency, you will be charged at least a 4% DCC markup fee. Therefore, it is not wise to pay in Hong Kong currency. You should always pay in local currency wherever possible.