Best Overseas Spending Credit Cards

Compare Overseas Spending Credit Cards in Hong Kong to enjoy extra air miles and cashback while spending abroad or online at the overseas website, and avoid foreign transaction fee for overseas spending! Read More
We found 41 Credit Cards for you!
Sponsored
SCB 渣打銀行 logo
MoneySmart Exclusive
Miles Conversion(Eligible spending on Cathay and HK Express)
HK$2=1 mile
Miles Conversion (Eligible spending on dining, online and overseas category)
HK$4 = 1 mile
MoneySmart Exclusive Offer
Up to HK$1,139

[Limited Time Offer]
Apply for Standard Chartered Cathy Mastercard now via MoneySmart to get an extra HK$1,100 Apple Gift Card or HK$1,100 Klook Voucher or American Tourister DARTZ SPINNER 55 (retail price: HK$1,139) ! Enjoy up to 60,000 welcome miles!

[Referral Program] After applying for the card, get extra HK$300 supermarket vouchers by referring each relatives and friends to apply as well! The more you refer, the more rewards you get!

Valid until 14 Oct 2022 - See more details below
Apply Now
SCB 渣打銀行 logo
MoneySmart Exclusive
Miles Conversion(Eligible spending on Cathay and HK Express)
HK$2=1 mile
Miles Conversion (Eligible spending on dining, online and overseas category)
HK$4 = 1 mile
MoneySmart Exclusive Offer
Up to HK$1,139

[Limited Time Offer]
Apply for Standard Chartered Cathy Mastercard - Priority Banking now via MoneySmart to get an extra  HK$1,100 Apple Gift Card or HK$1,100 Klook Voucher or American Tourister DARTZ SPINNER 55 (retail price: HK$1,139)! Enjoy up to 80,000 welcome miles!

[Referral Program] After applying for the card, get extra HK$300 supermarket vouchers by referring each relatives and friends to apply as well! The more you refer, the more rewards you get!

Valid until 14 Oct 2022 - See more details below
Apply Now
DBS 星展銀行 logo
Redeem various mileage points without any fee
Min. Annual Salary
HK$240,000
Miles Conversion (overseas spend)
$4 = 1 mile
Cash back (overseas spend)
N/A
Apply Now
AE 美國運通 logo
MoneySmart Exclusive
Enhanced Welcome Offer
MoneySmart Exclusive Offer
HK$2,000
Miles Conversion (local spend)
HK$7.5=1 Mile
Discount at designated restaurants
50%

Successfully apply The Platinum Card now to get extra HK$2,000 supermarket voucher or Apple Gift Card from MoneySmart & welcome offers and Platinum benefits valued up to HK$8,000 once spending at the first time in the first 3 months. All new Global Dining Credit! Platinum Card members can enjoy up to HK$2,000 annually and up to HK$400 statement credit at NET-A PORTER or MR PORTER. From now until 31 October 2022, you can enjoy extra HK$1,000 once spending the first time in the first 3 months and up to 600,000 Membership Rewards points (which is equivalent to HK$2,000 cash vouchers/ to offset your purchases OR 40,000 air miles).

Valid until 31 Oct 2022 - See more details below
Apply Now
Citibank 花旗銀行 logo
MoneySmart Exclusive
Free travel insurance and airport lounges access
MoneySmart Limited Time Offer
HK$300
Miles Conversion (overseas spend)
$3 = 1 Mile
Cash back (overseas spend)
N/A

Successfully apply now to get extra HK$300 Supermarket Voucher!

Valid until 31 Oct 2022 - See more details below
Apply Now
SCB 渣打銀行 logo
MoneySmart Exclusive
Miles Conversion(Eligible spending on Cathay and HK Express)
HK$2=1 mile
Miles Conversion (Eligible spending on dining, online and overseas category)
HK$4 = 1 mile
MoneySmart Exclusive Offer
Up to HK$1,139

[Limited Time Offer]
Apply for Standard Chartered Cathy Mastercard - Priority Private now via MoneySmart to get an extra HK$1,100 Apple Gift Card or HK$1,100 Klook Voucher or American Tourister DARTZ SPINNER 55 (retail price: HK$1,139)! Enjoy up to 100,000 welcome miles!

[Referral Program] After applying for the card, get extra HK$300 supermarket vouchers by referring each relatives and friends to apply as well! The more you refer, the more rewards you get!

Valid until 14 Oct 2022 - See more details below
Apply Now
AE 美國運通 logo
MoneySmart Exclusive
Uncapped 1% rebate on foreign currencies expenses
Annual Fee Waiver in First Year
N/A
Mileage Conversion (Local Spending)
HK$6 = 1 Mile
MoneySmart Exclusive Offer
Up to HK$6,180

[Limited Time Offer - limited quota! ] 
First 10 applicants successfully apply American Express Gold Business Card now to get Dyson PurifierCool™ Formaldehyde TP09 from MoneySmart, afterwards, successful applicants can also enjoy HK$300 HKTV mall voucher! With the original HK$2,400 welcome offer, total welcome offer could add up to HK$8,580!

Valid until 15 Oct 2022 - See more details below
Apply Now
AE 美國運通 logo
Bank Promo
No expiry date for Membership Rewards points
Min. Annual Salary
HK$300,000
Miles Conversion (foreign currencies spending)
HK$4 = 1mile
Cash back on foreign currencies spending
1.25%
Bank Promo:
Choose Your Explorer!
Offer A) Apply successfully via MoneySmart and upon successful spending in the first 3 months, you can enjoy limited-edition ANSON KONG X EXPLORER Hat Gift Box Set ! Up to HK$4,700 Welcome Offer & first-year annual fee waiver!
OR

Offer B) Apply for the American Express Explorer Credit Card and get rewards up to HK$4900 and first-year annual fee waiver!
Valid until 31 Oct 2022 - See more details below
Apply Now
富邦銀行 logo
Min. Annual Salary
HK$60,000
Miles Conversion (local spend)
HK$15 = 1 Mile
Cash back on overseas spend
HK$1 = 5 points
Apply Now
中信銀行(國際) logo
Handling Fee Waiver for Overseas Spending
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
N.A.
Cash Back on RMB Spending(in first 6 months)
4%
Read More
 安信信貸 logo
Get 6% cash rebate on designated categories
Min. Annual Salary
HK$0
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
0.40%
Apply Now
Citibank 花旗銀行 logo
MoneySmart Exclusive
Earn cashback from digital wallets
MoneySmart Limited Time Offer
HK$500
Miles Conversion (overseas spend)
N.A.
Cash back (overseas spend)
2%

Successfully apply now to get extra HK$500 Supermarket Voucher!

Valid until 31 Oct 2022 - See more details below
Apply Now
Citibank 花旗銀行 logo
MoneySmart Limited Time Offer
HK$300
Cash back on local spending (Designated HKT merchants and Designated Merchants)
4%
Cash back on other local spending
1%
Apply Now
DBS 星展銀行 logo
Min. Annual Salary
HK$150,000
Cash back on Online Overseas spend
1%
Cash Back for Online Transaction
6%
Apply Now
Citibank 花旗銀行 logo
MoneySmart Exclusive
Complimentary 4th night free at any hotel
MoneySmart Limited Time Offer
HK$300
Miles Conversion (overseas spend)
$4 = 1 mile
Cash back (overseas spend)
N/A

Successfully apply now to get extra HK$300 Supermarket Voucher!

Valid until 31 Oct 2022 - See more details below
Apply Now
富邦銀行 logo
Min. Annual Salary
HK$60,000
Miles Conversion (local spend)
HK$15 = 1 Mile
Cash back on overseas spend
HK$1 = 5 points
Apply Now
HSBC 滙豐銀行 logo
Up to HK$300 RewardCash welcome offer
RewardCash rebate on tuition fee payment
2.4%
Online spending Cash Rebate
2%
RewardCash
6X
Read More
 安信信貸 logo
Min. Annual Salary
HK$0
Miles Conversion (overseas spend)
N/A
Cash back (overseas spend)
0.40%
Apply Now
AEON信貸財務(亞洲) logo
Min. Annual Salary
HK$0
Cash back on overseas spend
0.4%
Cash back on selected merchants
5%
Apply Now
大新銀行 logo
MoneySmart Exclusive
Min. Annual Salary
HK$150,000
Miles Conversion (overseas spend)
HK$5 = 1 mile
Cash back (overseas spend)
N/A

【Welcome offer Exclusive for MoneySmart Users】From now until 31 October 2022, New Dah Sing Credit Cardholder to get extra HK$100 supermarket vouchers/Apple Gift Card upon approval on the credit card!

Valid until 31 Oct 2022 - See more details below
Apply Now

Disclaimer: At MoneySmart.hk, we strive to keep our information accurate and up to date. This information may be different than what you see when you visit a financial institution, service provider or specific product’s site. For any discrepancy in product information, please refer to the financial institution’s website for the most updated version. All financial products and services are presented without warranty. Additionally, this site may be compensated through third party advertisers. However, the results of our comparison tools which are not marked as sponsored are always based on objective analysis first.

Best Travel / Overseas Spending Credit Cards in Hong Kong 2022

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 (Dynamic Currency Conversion (DCC) Service Charges). 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.

Things you need to know about credit cards for foreign transactions

Location Limits

Visa/ Mastercard are accepted worldwide while UnionPay is widely accepted in Asia but not in the US or Europe. It is best to check with your card issuer before travelling to make sure that your card is accepted.

UnionPay may not be the best option

Although most UnionPay credit cards offer handling fee waiver while Visa/ Mastercard charges 1.95% handling fee, it is not necessarily the most money-saving. Cardholders need to take exchange rates and rebate/mile conversion rates into account.

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.