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Calculators
Updated October 2019
Get the best UnionPay credit cards to benefit from dual currency accounts and save on foreign exchange fees. Compare foreign currency transaction fee and cash rebates from top UnionPay credit cards in Hong Kong.
HK$60,000
Min. Annual Salary
2.4%
Cash back on overseas spend
$4.17 = 1 Mile
Miles Conversion (overseas spend)
| Annual Interest Rate | 37.75% |
|---|---|
| Principle Annual Fee | HK$300 |
| Supplementary Annual Fee | HK$150 |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | Varies. For more info, view T&C |
| Interest Free Period | Up to 56 Days |
| Local Resident | HK$60,000 |
|---|---|
| Foreigner | HK$60,000 |
| Card Association | Unionpay |
|---|---|
| Wireless Payment | N.A. To borrow or not to borrow? Borrow only if you can repay! |
| Annual Interest Rate | 31.59% |
|---|---|
| Principle Annual Fee | HK$0 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Permanent Annual Fee Waiver |
| Minimum Monthly Repayment | 4% of credit purchase balance and cash advance balance or HK$100 each, whichever is higher ; 80% of credit purchase balance |
| Interest Free Period |
| Local Resident | HK$0 |
|---|---|
| Foreigner | HK$0 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | N/A |
Extra HK$300 cash rebate
| Annual Interest Rate | N/A |
|---|---|
| Principle Annual Fee | HK$800 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | HK$50 or the aggregate amount of all the following items (whichever is higher): (i) All finance charges and other fees & charges billed; (ii) 1% of statement balance (excluding all finance charges and other fees & charges); (iii) Outstanding Minimum Payment Due (when applicable); and (iv) Total over-the-limit amount (when applicable) |
| Interest Free Period | 53 Days |
| Local Resident | HK$0 |
|---|---|
| Foreigner | HK$0 |
| Card Association | Unionpay |
|---|---|
| Wireless Payment | UnionPay QuickPass, Apple Pay |
Extra HK$300 cash rebate
| Annual Interest Rate | N/A |
|---|---|
| Principle Annual Fee | HK$800 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | HK$50 or the aggregate amount of all the following items (whichever is higher): (i) All finance charges and other fees & charges billed; (ii) 1% of statement balance (excluding all finance charges and other fees & charges); (iii) Outstanding Minimum Payment Due (when applicable); and (iv) Total over-the-limit amount (when applicable) |
| Interest Free Period | 53 days |
| Local Resident | HK$0 |
|---|---|
| Foreigner | HK$0 |
| Card Association | Unionpay |
|---|---|
| Wireless Payment | UnionPay QuickPass, Apple Pay |
HK$150,000
Min. Annual Salary
2.4%
Cash back on overseas spend
HK$4.17 = 1 Mile
Miles Conversion (overseas spend)
| Annual Interest Rate | 37.75% |
|---|---|
| Principle Annual Fee | HK$1,800 |
| Supplementary Annual Fee | HK$900 |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | Varies. For more info, view T&C |
| Interest Free Period | Up to 56 days |
| Local Resident | HK$150,000 |
|---|---|
| Foreigner | HK$150,000 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | N.A. To borrow or not to borrow? Borrow only if you can repay! |
Extra HK$300 cash rebate
| Annual Interest Rate | N/A |
|---|---|
| Principle Annual Fee | HK$800 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | HK$50 or the aggregate amount of all the following items (whichever is higher): (i) All finance charges and other fees & charges billed; (ii) 1% of statement balance (excluding all finance charges and other fees & charges); (iii) Outstanding Minimum Payment Due (when applicable); and (iv) Total over-the-limit amount (when applicable) |
| Interest Free Period | 53 days |
| Local Resident | HK$0 |
|---|---|
| Foreigner | HK$0 |
| Card Association | Unionpay |
|---|---|
| Wireless Payment | UnionPay QuickPass, Apple Pay |
Extra HK$300 cash rebate
| Annual Interest Rate | N/A |
|---|---|
| Principle Annual Fee | HK$800 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | HK$50 or the aggregate amount of all the following items (whichever is higher): (i) All finance charges and other fees & charges billed; (ii) 1% of statement balance (excluding all finance charges and other fees & charges); (iii) Outstanding Minimum Payment Due (when applicable); and (iv) Total over-the-limit amount (when applicable) |
| Interest Free Period | 53 Days |
| Local Resident | HK$0 |
|---|---|
| Foreigner | HK$0 |
| Card Association | Unionpay |
|---|---|
| Wireless Payment | UnionPay QuickPass, Apple Pay |
HK$96,000
Min. Annual Salary
0.35%
Cash back on overseas spend
HK$15 = 1 Mile
Miles Conversion (overseas spend)
| Annual Interest Rate | 33.41% |
|---|---|
| Principle Annual Fee | HK$1,800 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | No |
| Minimum Monthly Repayment | All interest, fees, charges (including Annual Fee(s)), the total of the over-limit amount and/or the overdue amount (where applicable) that may be charged, plus 1% of outstanding principal or HK$/CNY220, whichever is higher |
| Interest Free Period | Up to 56 days |
| Local Resident | HK$96,000 |
|---|---|
| Foreigner | HK$0 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | N.A. |
HK$200,000
Min. Annual Salary
4%
Cash back on overseas spend
HK$8 = 1 mile
Miles Conversion (overseas spend)
| Annual Interest Rate | 36.70% |
|---|---|
| Principle Annual Fee | HK$3,800 |
| Supplementary Annual Fee | 1900 |
| Fee Waiver | N/A |
| Minimum Monthly Repayment | HK$230 or 1% of statement balance (whichever is higher) |
| Interest Free Period |
| Local Resident | HK$200,000 |
|---|---|
| Foreigner | HK$0 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | BoC Pay |
HK$250,000
Min. Annual Salary
1.5%
Cash back on overseas spend
N.A.
Miles Conversion (overseas spend)
| Annual Interest Rate | 31.89% |
|---|---|
| Principle Annual Fee | HK$1,000 |
| Supplementary Annual Fee | HK$500 |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | HK$50 |
| Interest Free Period | 55 Days |
| Local Resident | HK$250,000 |
|---|---|
| Foreigner | HK$0 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | UnionPay |
HK$150,000
Min. Annual Salary
0.5%
Cash back on overseas spend
$15 = 1 里數
Miles Conversion (overseas spend)
| Annual Interest Rate | 35.70% |
|---|---|
| Principle Annual Fee | HK$1,600 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | N/A |
| Minimum Monthly Repayment | 1% of monthly payment + fees |
| Interest Free Period | Up to 56 days |
| Local Resident | HK$150,000 |
|---|---|
| Foreigner | HK$150,000 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | N/A |
HK$40,000
Min. Annual Salary
1.2%
Cash back on overseas spend
N.A.
Miles Conversion (overseas spend)
| Annual Interest Rate | 36.43% |
|---|---|
| Principle Annual Fee | HK$600 |
| Supplementary Annual Fee | N/A |
| Fee Waiver | Yes |
| Minimum Monthly Repayment | 1% of monthly balance + fees |
| Interest Free Period | Up to 56 Days |
| Local Resident | HK$40,000 |
|---|---|
| Foreigner | HK$40,000 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | N.A. |
0%
Min. Annual Salary
0.8%
Cash back on overseas spend
$6 = 1 Mile
Miles Conversion (overseas spend)
| Annual Interest Rate | 34.49% |
|---|---|
| Principle Annual Fee | N/A |
| Supplementary Annual Fee | N/A |
| Fee Waiver | N/A |
| Minimum Monthly Repayment | 1% of monthly payment + fees |
| Interest Free Period | Up to 55 Days |
| Local Resident | HK$150,000 |
|---|---|
| Foreigner | HK$150,000 |
| Card Association | UnionPay |
|---|---|
| Wireless Payment | N/A |
| Credit Card | Best For | Rewards |
|---|---|---|
| EarnMORE UnionPay Card | Cash rebate seekers | 2% cashback on overseas spend |
| HSBC UnionPay Dual Currency Credit Card | Frequent travellers to China | 2.4% cashback on overseas spend/ HK$4.17 = 1 Mile |
| AEON UnionPay Credit Card | Cash rebate seekers on lifestyle spending | 2% cashback on overseas spend |
| WeWa UnionPay Card | Cash rebate seekers who spend a lot on lifestyle and entertainment | 0.4 % cashback on overseas spend |
| Standard Chartered UnionPay Dual Currency Platinum Credit Card | Frequent travellers to China and overseas | 0.35% cashback on overseas spend/ HK$15 = 1 Mile |
HSBC UnionPay Dual Currency Credit Card is best for frequent travelers to China because it provides a seamless transition between HKD and RMB. With this card, cardholders can enjoy flexible payment in Hong Kong dollars for transactions in Hong Kong and Renminbi for purchases in China without worrying about fluctuations in exchange rate. Moreover, cardholders can enjoy multiple RewardCash rebates on top of the basic rebate. Card members can earn up to 2.4% RewardCash rebate with “Red Hot Rewards of Your Choice” and up to 2% RewardCash rebate with “Red Hot Online & Overseas Spending Rewards.
WeWa UnionPay Card is best for cash rebate seekers. Cardholders can earn HK$10 Cash Rebate for every HK$250 spending at selected categories namely “Travel”, Cinema”, “Karaoke” and “Theme Park” throughout the year. With this card, cardholders can access 130 designated LoungeKey airport lounges and enjoy HK$1 for handcrafted beverages in HK Aiport Pacific Coffee. Cardholders can also enjoy 2-for-1 ticket in Cinema City on Fridays or Saturdays. This card also offers a 3-month non-interest transaction instalment. Cardholders can also enjoy transactions in foreign currency without any transaction fee.
EarnMORE UnionPay Card is best for cash rebate seekers in all spending categories. Cardholders can earn up to 2% cash rebate for all eligible purchase throughout the year. With this card, cardholders can access 130 designated LoungeKey airport lounges and enjoy HK$1 for handcrafted beverages in HK Aiport Pacific Coffee. Cardholders can also enjoy buy-one-get-one-free ticket in Cinema City on Fridays or Saturdays. Cardholders can also enjoy handling fee waiver for overseas spending.
AEON UnionPay Credit Card is best for cash rebate seekers on lifestyle usage. Cardholders can enjoy discount throughout the year at AEON’s massive merchant network with the "AEON Member Price". Moreover, members are entitled to 2% rebate upon the first HK$25,000 credit spending as a welcome offer. No transaction fee is imposed by AEON on any overseas transactions.
Bank of China CUP Dual Currency Platinum Card is best for people who are looking for a Union Pay card with the low-income requirement. This card offers dual currency which can avoid exchange rate fluctuation between HKD and RMB. The cashback on overseas spending is 0.5% and the earning ratio of Air Miles (Overseas) = HK$15= 1 Mile. Cardholders can access all benefits of UnionPay which include fee waiver in foreign currency transaction fee, access to premium airport lounge service, airport limousine transfer and UnionPay travel assistance.
UnionPay Diamond Credit Card holders can enjoy up to 3 times complimentary access to the Plaza Premium Lounge provided that minimum spending requirement of HK$12,000 for two consecutive months is met. Please note that there is a limit of 100 quotas per day and reservation is required. From now until 31 Dec, Diamond Prestige cardholders can also enjoy up to 3 complimentary access to Plaza Premium First at Hong Kong International Airport.
UnionPay Diamond Prestige/ UnionPay Diamond/ Visa/ MasterCard and UnionPay Platinum Card offer free upgrade for handcrafted beverages at Pacific Coffee.
Holders of UnionPay Diamond Card who sign up for HK$12,000 in total within two consecutive natural months can enjoy 3 times airport lounge in more than 130 designated LoungeKey airport lounges around the Greater China in Chinese Mainland, Hong Kong, Macau and Taiwan.
UnionPay Diamond and Platinum credit card holder can enjoy movie discounts such as 10% off 2D / 3D movie tickets at Cinema City. What’s more, UnionPay Diamond Cardholder can enjoy 2 for 1 3D movie tickets for Friday or Saturday shows.
Dual currency credit cards are great for jet-setters as they allow you to transact in two different currencies. There are no extra charges for transactions made in either currency. You can allocate your credit limit between your HKD and RMB accounts. Do note bill payment is separate for your HKD sub-account and RMB sub-account. UnionPay issues a number of HKD-CNY dual-currency credit cards, as well as other types such as SGD-CNY dual-currency credit cards. They allow frequent travellers to China to easily pay and transact.
Holders of HSBC Dual Currency Diamond Credit Card can experience travel perks free of charge including free entry to LoungeKey airport lounges for three times every year and free Wi-Fi package at Wifi BB. Cardholders can also enjoy airport limousine transfers at a privileged rate of HK$250.
To maximize your rewards, cardholders can allocate the extra 5X RewardCash Multiplier of the Red Hot Rewards of Your Choice to your preferred category to enjoy a total of 6X Reward Cash and a more favorable rate of HK$4.17 = 1 Asia Mile compared to the regular rate of HK$25 = 1 Asia Mile.
Apart from earning HSBC RewardsCash, HSBC credit card also offers dining promotions at popular restaurants and hotel buffets in Hong Kong. Some of the more enticing offers include Bostonian Seafood & Grill, BLT Steak, Gaylord Indian Restaurant, and Big Bay Cafe. Check HSBC’s Red Hot Offers listings for the latest dining promotions.
UnionPay exchange rates for currencies like CNY and HKD are good. For cards that are in Hong Kong dollars (HKD), the current exchange rate is 1000CNY = HK$1173.5 as of March 019. In comparison, Visa’s rate is 1000CNY = HK$1170.2, while MasterCard’s rate is 1000CNY = HK$1171.4. For UnionPay cards in Chinese Renminbi (CNY), the exchange rate is HK$1000 = 855.5CNY while Visa’s exchange rate is HK$1000 = 855.1CNY and MasterCard’s exchange rate is HK$1000 = 854.9CNY as of March 2019. The calculation of exchange rates are based on wholesale currency markets and government-mandated rates.
No, though some UnionPay credit cards are affiliated with Visa card.
Paying online with UnionPay credit cards is just like paying with Visa or Mastercard credit cards. There are more than 10 million overseas online merchants that accept online payment via UnionPay, mostly based in China, Hong Kong, Macau, Japan, and South Korea.
It depends. UnionPay credit cards are more commonly accepted in Asian countries such as China, Japan, Korea, and Thailand but less widely accepted among merchants in the US and Europe.
Yes. But it’s worth noting that UnionPay credit cards are more commonly used in China.
This depends on your lifestyle and what you spend the most on. There are cashback cards, reward points cards, air mile cards, and UnionPay cards. Cashback cards offer effortless usage as the cash rebate is automatic. Air mile cards are great for frequent travellers who would take the effort to accumulate expenditure and ensure that they get maximum mile accrual. Reward points cards allow you to gain points and then redeem it for privileges and discounts. UnionPay credit cards are best for people who frequently travel to China, as it supports transactions in two different currencies with no extra charges.