Best Credit Card Welcome Offers Promotion in Hong Kong

Find the best deals from credit cards with amazing welcome gifts in Hong Kong. Enjoy all kinds of credit card offers, from travel, dining to shopping! Read More
We found 60 Credit Cards for you!
Standard Chartered logo
MoneySmart Exclusive
5% rebate|Waive foreign exchange fee
Cash back on spending at designated stores of HKTVmall
5%
Cash back on local spend
5%
MoneySmart Exclusive Offer
HK$2,788

【Free PHILIPS RO Water Dispenser / SONY Wireless Earbuds!】From now until 2 April 2024, New Cardholders who successfully apply for Standard Chartered Smart Card now via MoneySmart to get PHILIPS RO Water Dispenser ADD6910/90(value: HK$2,788) or SONY WF-1000XM5 earbuds (value: HK$2,490) or 12,000 SmartPoints and free to redeem HK$1,200 vouchers (over 20+ brand vouchers including Apple / Wellcome/ HKTVmall etc)! SmartPoints can be converted into cash and cashed out directly!

Valid until 02 Apr 2024 - See more details below
Promotion ends in
Apply Now
sim logo
MoneySmart Exclusive
8% cashback on online retail transactions*
Cashback on Online Retail Transactions
8%
Fee Waiver
First Year Free
Local Resident
HK$150,000

【🔓UNLOCK EPIC REWARDS: Earn a HomePod Mini or HK$500 Cash Coupon - Take your pick!】
From now until 31 March 2024, customers apply for a designated sim credit card through MoneySmart (sim Credit Card/ sim World Mastercard®️) successfully to get a HomePod mini (Retail Price: HK$749) or HK$500 Apple Store Gift Card/ PARKnSHOP Voucher/ HKTVmall E-vouchers! Including the sim welcome offer of HK$1,000, you can enjoy up to HK$1,749 rewards in total!



💡Quick Reminder: Speed up your approval process - After completing your online application, please take a screenshot of your reference ID (which should be 89-XXXXXXXXX-X-03XX-thesim), and conduct digital ID verification on the sim Credit Card App. Complete the verification within 3 hours after application, and sim will offer an additional HK$50 cash rebate!

Valid until 31 Mar 2024 - See more details below
Promotion ends in
Apply NowApply directly on MoneySmart
Standard Chartered 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
Bank Welcome Offer
60,000 miles

【SmartPoints - Your Rewards Your Choice】From now until 2 April 2024, new Cardholders who successfully apply for for Standard Chartered Cathy Mastercard now via MoneySmart to get DENON PerL earbuds (value: HK$1,580) or 9,000 SmartPoints and free to redeem HK$900 vouchers (over 20+ brand vouchers including Apple / Wellcome/ HKTVmall etc)! SmartPoints can be converted into cash and cashed out directly!

Valid until 02 Apr 2024 - See more details below
Promotion ends in
Apply Now
PrimeCredit logo
MoneySmart Exclusive
Min. Annual Salary
HK$0
Cash back on overseas spend
0.4%
Cash rebate on travel spending and designated spending categories
4%

【MoneySmart Exclusive Offer】Want to get extra $200 vouchers from MoneySmart?  From now until 2 April 2024, new customers who successfully applied for WeWa UnionPay Diamond Card via MoneySmart, can enjoy 2,000 SmartPoints without further spending! Use your SmartPoints to redeem vouchers of your choice worth HK$200 in theRewards Store (over 20+ brand vouchers including Apple / Wellcome/ HKTVmall etc)!. Click here for more details. T&C applied. (fulfilled by MoneySmart)



PrimeCredit x MoneySmartSuccessfully applied WeWa UnionPay Diamond Card through MoneySmart and earn extra HK$200 cash rebate + Welcome offer: Sony Truly Wireless Headphones LinkBuds S or Samsung Galaxy Watch4 40mm (Bluetooth) or B&O Beosound Explore Bluetooth Speaker (Black Anthracite) or HK$500 Cash Rebate or up to HK$90,000 Interest-free and Handling Fee-free Cash Instalment Program or Tertiary Student: HK$200 Cash Rebate (Exclusive reward will be fulfilled by PrimeCredit)

Valid until 02 Apr 2024 - See more details below
Apply Now
DBS logo
MoneySmart Exclusive
Redeem various mileage points without any fee
Min. Annual Salary
HK$240,000
Welcome Offer
Up to 42,000 miles
Upon meeting local and overseas spending goal*
HK$3/Mile

Quick! Apply Today for Exclusive HomePod mini!From now until 31 March 2024, customers who successfully apply for DBS Blackworld Mastercard via MoneySmart, can enjoy a HomePod mini (retail price: HK$749) or HK$500 Apple Store Gift Card/ Klook Voucher/ PARKnSHOP Supermarket Voucher! You can also earn the bank welcome offer of up to 42,000 miles at the same time!

Valid until 31 Mar 2024 - See more details below
Apply Now
AEON Credit Service logo
MoneySmart Exclusive
Min. Annual Salary
HK$0
Cash back on online shopping
6%
Cash back on local spending (dinning)
1%

【Limited Time Offer】From now until 31 March 2024, apply for the AEON CARD WAKUWAKU through MoneySmart, you can exclusively enjoy extra 3,000 SmartPoints and free to redeem HK$300 vouchers (over 20+ brand vouchers including Apple / Wellcome/ HKTVmall etc). Alternatively, you can convert them into HK$200 cash and cash out directly! Click here to explore limitless possibilities (T&C applied)!



New AEON Customers successfully applied AEON CARD WAKUWAKU through “AEON HK” Mobile App and input the welcome offer code “MSWAKU” to enjoy an extra HK$200 cash rebate (Offer by AEON) and up to 16% cash rebate + HK$400 cash rebate! Enjoy a 6% cash rebate on online spending! Earn 3% cash rebate on purchases in Japan and enjoy waived transaction fees on foreign currency transactions (except charges imposed by Cards Associations)!

Valid until 31 Mar 2024 - See more details below
Apply Now
American Express logo
MoneySmart Exclusive
No expiry date for Membership Rewards points
Min. Annual Salary
HK$300,000
Complimentary Plaza Premium Lounge Access
8 times per Calendar Year
Miles Conversion (Eligible Foreign Currency Transaction)*
HK$2 = 1 Mile
【Get an extra HK$600 Statement Credit!】+Up to 74,000 Miles Welcome Offer in Town!
From now on until 31 March 2024, customers who successfully apply for the American Express Explorer Credit Card via MoneySmart can earn 18,000 American Express Membership Rewards points and additional reward of 🔥HK$600 statement credit upon the first transaction within the first 3 months, and gain another 108,000 American Express Membership Rewards points and additional reward of 🔥54,000 American Express Membership Rewards points upon the qualified spending of HK$7,000 within the first 3 months.

In total, customers can earn up to HK$600 statement credit and 180,000 American Express Membership Rewards points, equivalent to 10,000 miles - Earn 1.43 miles for every dollar spent! Plus, you can enjoy 8 complimentary access to Plaza Premium Lounges all over the world for a whole year!


Zoom to Japan, Korea, and Taiwan with Lightning Speed! Earn HK$2=1 mile on eligible foreign currency transactions, up to 720,000 Points, enough to redeem for 40,000 miles. Plus, earn HK$4.5=1 mile on eligible local transactions, up to 432,000 Points, enough to redeem for 24,000 miles. That's a potential of up to 64,000 bonus miles!
Valid until 31 Mar 2024 - See more details below
Apply Now
sim logo
MoneySmart Exclusive
8% cashback on online retail transactions*
Cashback on Online Retail Transactions
8%
Fee Waiver
First Year Free
Minimum Income Requirements
N/A

【🔓UNLOCK EPIC REWARDS: Earn a HomePod Mini or HK$500 Cash Coupon - Take your pick!】
From now until 31 March 2024, customers apply for a designated sim credit card through MoneySmart (sim Credit Card/ sim World Mastercard®️) successfully to get a HomePod mini (Retail Price: HK$749) or HK$500 Apple Store Gift Card/ PARKnSHOP Voucher/ HKTVmall E-vouchers! Including the sim welcome offer of HK$500, you can enjoy up to HK$1,249 rewards in total!



💡Quick Reminder: Speed up your approval process - After completing your online application, please screenshot your reference ID (which should be 88-XXXXXXXXX-X-03XX-thesim), and conduct digital ID verification on the sim Credit Card App. Complete the verification within 3 hours after application, and sim will offer an additional HK$50 cash rebate!

Valid until 31 Mar 2024 - See more details below
Apply NowApply directly on MoneySmart
American Express logo
MoneySmart Exclusive
Up to 50% savings at designated restaurants
Min. Annual Salary
HK$300,000
Miles Conversion (local spend)
$6 = 1 Mile
Cash back on local spend
1%
【🌟Welcome Offer: Valued up to HK$4,960 upon card approval!】
Apply via MoneySmart by 31 March 2024, and seize the rewards! Enjoy 4 complimentary movie tickets and a limited-time offer of 300,000 MR points. An aggregate spend of HK$5,000 within the first 3 months grants you [✈️Newly added!] HK$2,000 HK Express cash vouchers OR 300,000 MR points! Don't miss out on the chance to earn rewards up to HK$4,960 OR rewards up to HK$2,960 with 16,666 miles (converted by 300,000 MR points) — APPLY NOW!


300,000 MR points is equivalent to HK$1,250 if you apply Pay with Points Max which is enough to redeem a free round-trip flight to Taiwan!


💡Reminder: If you would like to select HK$2,000 HK Express cash vouchers, please click here to complete the application. Alternatively, if you prefer 300,000 MR points, you can simply click "Apply Now" to complete the application.
Valid until 31 Mar 2024 - See more details below
Apply Now
PrimeCredit logo
MoneySmart Exclusive
Earn 2% cashback from everyday spending
Min. Annual Salary
0
Cash back on overseas spend
2%
MoneySmart exclusive rewards
$200

【MoneySmart Exclusive Offer】Want to get extra $200 vouchers from MoneySmart?  From now until 2 April 2024, new customers who successfully applied for EarnMORE UnionPay Diamond Card via MoneySmart, can enjoy 2,000 SmartPoints without further spending! Use your SmartPoints to redeem vouchers of your choice worth HK$200 in the Rewards Store(over 20+ brand vouchers including Apple / Wellcome/ HKTVmall etc)!. Click here for more details. T&C applied. (fulfilled by MoneySmart)



[PrimeCredit x MoneySmart] Apply EarnMORE UnionPay Diamond Card through MoneySmart and earn extra HK$200 cash rebate + Welcome offer: HK$670 cash rebate (included the extra up to 2% cash rebate) Or  OTO Vanda 2.0 massage chair (VN-05) (Suggested price: HK$13,800) Or German Pool Smart Air Purifier Fan (EFB-426HM-SC) (Suggested price: HK$2,480) Or Up to HK$90K Interest-free and Handling Fee-free Cash Instalment Program (Extra reward will be fulfilled by PrimeCredit)

Valid until 02 Apr 2024 - See more details below
Apply Now
DBS logo
MoneySmart Exclusive
Up to 10% rebate on local supermarkets
Min. Annual Salary
HK$100,000
Cash back on designated local spend
1%
Miles Conversion (local spend)
HK$10 = 1 Mile

From now until 31 March 2024, apply for designated cards through MoneySmart(DBS Eminent Card/ DBS Live Fresh/ DBS Compass Visa)successfully to get HK$200 Apple Store Gift Card or HK$200 Klook Voucher or HK$200 ParknShop Voucher! 

Valid until 31 Mar 2024 - See more details below
Apply Now
Dah Sing Bank logo
MoneySmart Exclusive
Min. Annual Salary
HK$150,000
Miles Conversion (local spend)
N/A
Cash back on local spend
0.4%

From now until 31 March 2024, successfully apply for the Dah Sing MyAuto Credit Card through MoneySmart to get an HK$150 PARKnSHOP Supermarket Voucher or HKTVmall e-Voucher!

Apart from that, receive an AutobotV mini max 2 Handheld Vacuum Cleaner (Suggested Retail Price: HK$588) upon accumulating eligible spending of HK$10,000 or above within the first 2 months from the date of card issuance or Enjoy HK$400 Cash Rebate upon accumulating eligible spending of HK$6,000 or above within the first 2 months from the date of card issuance (Fulfilled by Dah Sing Bank)

Valid until 31 Mar 2024 - See more details below
Apply Now
American Express logo
MoneySmart Exclusive
Enhanced Welcome Offer
Miles Conversion (Overseas Spending)
HK$6 = 1 Mile
Miles Conversion (Local Spending)
HK$9 = 1 Mile
Discount at designated restaurants
40%
【The Ultimate Choice for High-Spending Mileage: Enjoy up to 55,555 Miles!】
From now till April 2, 2024, customers who successfully apply for the Platinum Card via MoneySmart and complete the first transaction within the first 3 months, can earn 100,000 Membership Rewards points, and an extra HK$1,500 statement credit for HK$15,000 spending!
✅ Save & Earn Miles While You Spend: Your First HK$15,000 at 10% Off - Earn 5000 Miles and HK$1500 statement credit at the same time!


With aggregate spending of HK$50,000 can enjoy an extra 900,000 Membership Rewards points! Up to 1,000,000 Membership Rewards points in total! Equivalent to HK$3,333 statement credit or HK$6,666 travel credit or 55,555 air miles, which is sufficient to redeem round trip tickets to Japan for two or round trip tickets to Europe!
Valid until 02 Apr 2024 - See more details below
Apply Now
American Express logo
MoneySmart Exclusive
Uncapped 1% rebate on foreign currencies expenses
Annual Principal Fee
Annual Fee Waiver in First Year
Local Spending Bonus
Up to 2X points^
Local Spending Bonus
Up to 2X points^

🌟Exclusive limited Time Offer: Enjoy welcome offers up to HK$3,300 plus first-year annual fee waiver!
Successfully apply for the American Express Gold Business Card now to get HK$500 PARKnSHOP supermarket voucher OR 🆕 5,000 SmartPoints, you can customise your PERFECT REWARDS with 20+ brand vouchers and products, including but not limited to Apple, UBER and Lane Crawford! Click here to explore limitless possibilities (T&C applied)! With the original HK$2,800 welcome offers, total welcome offers could add up to HK$3,300!



【Enjoy HK$700 rewards upon first transaction】From now til 31 Mar 2024, customers who successfully apply for the American Express Gold Business card through MoneySmart and complete the first transaction within the first three months can receive HK$200 statement credit + HK$500 rewards (5,000 SmartPoints / HK$500 PARKnSHOP supermarket voucher/ Apple Store Gift Card)!



【Double You Spending Power: Get HK$1,000 for HK$1,000 Spent!】Customers who successfully apply for the American Express Gold Business Card through MoneySmart and make accumulated spending of HK$1,000 within the first three months, can receive HK$1,000 statement credit!



【Welcome Bonus Rewards】By accumulating a total of HK$45,000 in spending within the first three months, you can enjoy an additional 315,000 points (which can be redeemed for HK$1,050 Pay with Points or 17,500 miles)!

Valid until 31 Mar 2024 - See more details below
Apply Now
DBS logo
MoneySmart Exclusive
Min. Annual Salary
HK$150,000
Miles Conversion (local spend)
N/A
Cash back on local spend
3%

From now until 31 March 2024, apply for designated cards through MoneySmart(DBS Eminent Card/ DBS Live Fresh/ DBS Compass Visa)successfully to get HK$200 Apple Store Gift Card or HK$200 Klook Voucher or HK$200 ParknShop Voucher! 

Valid until 31 Mar 2024 - See more details below
Apply Now
Hang Seng Bank logo
Get 6% +FUN Dollars on overseas spending
Annual fee
Perpetual annual fee waiver
+FUN Dollars rebate on selected spending categories
6%
+FUN Dollars rebate on Online Retail Transaction
5
Read More
Fubon Bank logo
Bank Promo
Min. Annual Salary
HK$60,000
Online Cash Rebate
4%
Overseas transaction rewards
8%
Bank Promo:
From now until 1 March 2024, successfully apply for Fubon Visa Platinum Credit Card through MoneySmart, with promotional code "MoneySmart", and spend HK$5,800 or above within the first 3 months from the date of card issuance to enjoy the cash rebate up to HK$500. You can get an extra HK$100 Supermarket Coupon for applying via Fubon GO or online application form.
Earn up to HK$1,060 cash rebate with up to HK$460 overseas transaction!
Valid until 31 Mar 2024 - See more details below
Apply Now
Hang Seng Bank logo
Up to 4x Points to spend as cash
Annual fee
Perpetual annual fee waiver
Cash back on local spend
2%
Welcome Offer
Up to 120,000 yuu Points
Apply Now
China CITIC Bank International logo
Min. Annual Salary
HK$96,000
All year round Cash rebate on WeChat HK Wallet, UnionPay App and RMB Spending
4%
Basic Cash Back
0.5%
Read More
China CITIC Bank International logo
Min. Annual Salary
HK$96,000
Cash Back on Dining, Online and Foreign Currency Spending
6%
Annual Fee Wavier
First-Year
Read More

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.

Credit Card Welcome Offers in Hong Kong

Credit CardWelcome OffersAnnual Salary Requirement
Citi PremierMiles CardEarn 108,000 points (equals to 9,000 miles) / Afternoon tea set for two persons at Mandarin Oriental, Hong Kong/ HK$800 Wellcome Coupons/ HK$700 Sogo Gift CertificateHK$360,000
Standard Chartered Smart CardUp to HK$1,200 Cash RebateHK$96,000
Earnmore UnionPay CardHK$670 cash rebate or OTO Back Snuggle or Panasonic Air Purifier or Up to HK$90,000 Interest-free and Handling Fee-free Cash Instalment ProgramHK$0
Standard Chartered Cathay MastercardUp to 60,000 miles welcome offer Asia MilesHK$96,000
DBS Black World Mastercard Up to 50,000 miles or Rollink Flex 21 Foldable Suitcase + 2,000milesHK$240,000
Hang Seng MMPOWER CardUp to 8 movie tickets or up to $700 Cash DollarsHK$150,000
Citi Cash Back CardAfternoon tea set for two persons at Mandarin Oriental, Hong Kong Or HK$800 Wellcome Coupons Or HK$700 Sogo Gift CertificateHK$240,000
CNCBI Motion Credit CardEnjoy 10% Cash Rebate on spending in foreign currencyHK$96,000

Which Credit Card has the best welcome offers?

Each credit card offers a special welcome promotion to new customers, whether it’s cash back, air miles or popular gifts like luggage, electronic devices and more, you can easily compare and find the best welcome offers with comparison in MoneySmart.

Types of credit card Welcome rewards

Cashback, air miles, coupons and gifts are the most common welcome offers, compare and select your favourite rewards before applying for a new credit card:

Cashback

Cashback credit cards offer a certain percentage of the spending amount back as rewards. Cardholders can earn extra cash rebates as welcome offers upon successful application and designated spending in the first few months.

Air Miles

Credit cards often provide a tremendous air miles welcome offer to travel lovers. Cardholders can get thousands of air miles, including Asia Miles and Avios, upon designated spending and redeem air tickets for free.

Gifts/Vouchers

Some credit cards provide welcome gifts or supermarket vouchers instead of cashback and airmiles, popular choice of welcome gifts include electronic devices and luggages.

background image

How to get welcome promotions from credit cards?

Most credit cards require cardholders to spend a designated amount to earn the welcome offers of your choice, take Citi Cash Back Card as an example, cardholders can earn up to HK$800 Wellcome Cash Coupon upon accumulating spending of HK$10,000 or above within the first 2 months.

Some credit cards have no minimum spending requirement, where cardholders can earn welcome offers with a special rate for eligible transactions within the first few months of card issuance, like Standard Chartered Asia Miles Credit Card, cardholders can earn Asia Miles with conversion rate as low as HK$0.2 = 1 Asia Mile.

Best Credit Card Welcome Offer Promotions in Hong Kong

Citibank Credit Card

From now until 31 July, successfully apply for Citi PremierMiles Card to enjoy up to 9,000 Miles (108,000 Points), Afternoon tea set for two persons at Mandarin Oriental, HK$800 Wellcome Cash Coupon or HK$700 Sogo Gift Certificate. For successful applicants of Citi Prestige Card, get 20,000 miles upon paying the first year annual fee.

DBS Credit Card

Earn up to 50,000 miles or Rollink Flex Suitcase + 2,000 miles for successful application of DBS Black World Mastercard. DBS COMPASS VISA applicants can enjoy up to HK$400 InstaRedeem amount, LE MAURICE Suitcase or 6 MCL movie ticket vouchers.

Standard Chartered Credit Card

Get up to 40,000 welcome Asia Miles for Standard Chartered Asia Miles Mastercard applications, and up to HK$1,100 cash rebate as a welcome offer for new Standard Chartered Simply Cash Visa Card new cardholders.

American Express Credit Card

American Express Cathay Pacific Elite Credit Card applicants can earn welcome offers up to 76,000 Asia Miles. For successful applicants of American Express Platinum Credit Card, enjoy welcome offers worth up to HK$2,960.

Hang Seng Credit Card

New credit card customers who successfully apply for a Hang Seng MPOWER Card can get up to 8 movie tickets from MCL Cinemas or up to $700 Cash Dollars as a welcome offer.

Wewa Credit Card & EarnMore Unionpay Credit Card Offers

Apply for Wewa UnionPay Credit Card for Jabra Elite Active 65t Wireless Headphones, USA meresoy Massage Gun, HK$500 Cash Rebate or Up to HK$90,000 Interest-Free and Handling Fee-Free Cash Instalment Program as welcome gift.

Besides, upon successful application for EarnMore Credit Card on or before 31 Dec, the new customer can enjoy yHK$670 cash rebate, OTO Back Snuggle, Panasonic Air Purifier or Up to HK$90,000 Interest-free and Handling Fee-free Cash Instalment Program as a welcome gift.

Best Credit Card Promotions Hong Kong

HSBC Credit Card Promotions

Travel promotion

  • Up to 10% Cash rebate on designated hotel bookings at Booking.com
  • Up to 60% off designated staycation packages on KKday designated website with discount codes
  • Enjoy a 30% discount on cross border limousine service
  • Dining Promotion

  • 10% off buffet at designated hotels including Royal Park Hotel, Regal Hongkong Hotel and more
  • Citibank Credit Card Promotion

    Travel promotion

  • Up to 12% off on designated hotel bookings at Expedia
  • Up to 10% cashback on Booking.com
  • 10% off selected Delsey products
  • Dining promotion

  • Complimentary drink upgrade at McCafe
  • 15% off on food and beverages at selected hotel including Conrad Hong Kong, Crowne Plaza and more
  • DBS Credit Card Promotion

    Travel promotion

  • 5% off on travel products at KLOOK
  • Up to 12% off hotel booking at Agoda
  • 5% off any inflight purchases & designated seat selection at HK Express
  • Shopping promotion

  • Up to 3% rebate at Taobao and Tmall
  • Up to 20% at ZALORA
  • Frequently Asked Questions

    Can I get my credit card welcome offer right after my application?

    It depends. After applying for credit cards, you need to fulfill the spending requirements to get welcome offers. Take HSBC Red Card as an example, you’ll need to spend $6,000+ in the first 60 days of card issuance, and use RewardCash to pay for credit card statement or transaction via the “Pay with RC” function in Reward+ to get $1,000 RewardCash welcome offer. Credit cards set limits to not only spending amounts but also spending categories. For example, HSBC credit cards don’t count online bill payments and e-wallet transactions as eligible spending. Make sure you’ve read the Terms and Conditions before swiping your credit cards! But there are some credit cards that give you welcome gifts once your application is approved. Standard Chartered Simply Cash Visa Card gives you 25% cashback for local spending in the first 2 months and up to $1,000 cashback without spending requirements.

    Are welcome offers for new customers only?

    Generally, yes. Most of the credit cards only prepare welcome offers for new customers, which means that you haven’t held or cancelled credit cards of your designated bank in the past 6-12 months. But some credit cards still give welcome offers to existing customers, but the value of the offer is lower than the new customers. HSBC Visa Signature Card is a good example: they offer up to $800 welcome gifts to new customers, but $400 welcome gifts for existing customers.

    Is there anything I need to know while applying for welcome offer credit cards?

    After getting your welcome offer, most of the banks reserve the right to charge you a handling fee and take back your welcome offer without any notice if you cancel their credit cards in 12 months of card issuance.

    When will I receive my welcome offer?

    If you fulfil the spending requirement, like BOC credit cards, they’ll credit the welcome offer directly to your credit card account in 4 to 6 weeks. But make sure your account is working, valid and under a good credit. For other banks, they have their own policies so it’s better for you to check the Terms and Conditions.

    Do I need to consider anything else apart from welcome offers?

    Yes! Welcome offers are attractive, but it’s still a one-time reward. The basic rebate rate after the introductory period should be one of your considerations. Besides that, you should find out your spending pattern. Say, dining is your main expenses, then you should pick a credit card with the most dining offers. Plus, get to know why you’re applying for a credit card, then pinpoint your expenses to get the most offers like cash back and air miles.

    Can I cancel my credit card after receiving the welcome offers?

    It varies from card to card. In general, if a cardholder cancels the card in less than 12 months from the date the card is issued, a fee which is equivalent to the value of the welcome offers/ administration fee will be charged.