Most Popular Credit Cards

Get the most popular credit cards in HK to earn most air miles, cashback and welcome offers, apply through MoneySmart to get extra rewards! Read More
We found 17 Credit Cards for you!
Standard Chartered Smart Card
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$2,798

【MoneySmart Exclusive : Rewards up yo HK$2,798💰】From now until 30 September 2024, New Cardholders who successfully apply for Standard Chartered Smart Card now via MoneySmart to get JBL Charge 5 Portable Waterproof Speaker (Value HK$1,998) or Dreame Hair Glory High-Speed Hair Dryer (Value: HK$1,199) or BRUNO BOE021 - Compact Hot Plate (Value: $998) or HK$800 Apple Store Gift Card or HK$800 PARKnSHOP supermarket vouchers or HK$800 HKTVmall e-Vouchers.
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【MoneySmart Pampers You 🍎📱 3 Steps to Win the Newest Flagship Phone】
Successfully apply for Smart Card via MoneySmart by 30 Sep, complete the required steps and you will have a chance to win the latest flagship phone, earphones, smartwatches and more! Visit the event page for more information.
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【🤝🏻Stack Your Rewards: HK$100 for Every Referral, Unlimited Earnings】
If you have successfully applied for a credit card through MoneySmart during 1 Jan 2023 - 31 Jul 2024 and are entitled to MoneySmart exclusive rewards, you can earn an additional 1,000 points (equivalent to HK$100) by referring a friend or yourself to successfully apply for a specified credit card during 1 Sep - 30 Sep! Enjoy limitless rewards - the more you refer, the more you earn!

Valid until 30 Sep 2024 - See more details below
Apply Now
Mox Credit
MoneySmart Exclusive
Best-in-town Unlimited CashBack
Min. Annual Salary
0
Unlimited CashBack at all supermarkets
3%
Unlimited CashBack
2%

⚡️Limited Time Offer【Use Promo MSTEASY01 to earn as high as HKD3,398 Offer】
From now until 30 September 2024, successfully open a Mox Account with the code “MSTEASY01” and apply for Mox Credit, with accumulating spending of HKD3,500 within 30 calendar days after approval to get B&W Pi7 S2 In-ear True Wireless earbuds (value : HKD3,380) / BERMAS 30inch Spaceship Suitcase 2nd Version (value : HKD3,398) / HKD1,300 Apple Store Gift Card / HKD1,300 PARKnSHOP supermarket vouchers / HKD1,300 HKTVmall e-vouchers!
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Enjoy the September Flash Deposit Offer - HK$1,000 welcome reward by depositing HKD250,000 or more within the first 7 days of account opening and maintaining it for 60 days.
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【MoneySmart Pampers You 🍎📱 3 Steps to Win the Newest Flagship Phone】
Successfully apply for Mox Credit via MoneySmart by 30 Sep, complete the required steps and you will have a chance to win the latest flagship phone, earphones, smartwatches and more! Visit the event page for more information.

Valid until 30 Sep 2024 - See more details below
Apply Now
WeWa UnionPay Diamond Card
MoneySmart Exclusive
Min. Annual Salary
0
Local, Overseas and Online Spending via selected mobile payments
Up to 6%
Cash rebate on travel spending and designated spending categories
4%

**【MoneySmart Exclusive Offer】**Want to get extra $300 vouchers from MoneySmart?  From now until 30 September 2024, new customers who successfully applied for WeWa UnionPay Diamond Card via MoneySmart, can enjoy 3,000 SmartPoints without further spending! Use your SmartPoints to redeem vouchers of your choice worth HK$300 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】From now until December 31 2024, successfully applied WeWa UnionPay Diamond Card through MoneySmart and earn extra HK$100 cash rebate + Welcome offer : 🇯🇵 Osaka Round-trip Flight Tickets or Sony Wireless Noise Cancelling Headphones WH-1000XM4 (Silver) (Suggested price: HK$2,890) or HK$500 Cash Rebate or up to HK$90,000 Interest-free and Handling Fee-free Cash Instalment Program or Tertiary Student: HK$400 Klook e-Gift Card (Extra reward will be fulfilled by PrimeCredit)

Valid until 30 Sep 2024 - See more details below
Apply Now
HSBC Red Credit Card
Bank Promo
Bank Promo:
Limited-time online welcome offer:
New credit card customers can enjoy up to HK$800 RewardCash. Earn extra HK$200 RewardCash for new credit card customers who successfully apply for a Cash Instalment Plan, bringing the total rewards to up to HK$1,000.

Existing Credit Card Customers can enjoy a HK$200 RewardCash Offer.

When top up the PayMe wallet with the newly approved Red Card during the two subsequent calendar months after the month of card issuance. Together with the basic 0.4% RewardCash rebate, that's 4% RewardCash rebate in total!
Valid until 30 Sep 2024 - See more details below
Apply Now
Hang Seng enJoy Card
MoneySmart Exclusive
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

【Make Every Grocery Trip Count】
From now until 15 September, new credit card customers* who successfully applied for the Hang Seng enJoy Card via MoneySmart, simply spend HK$1,200 within 30 days after card issuance, can enjoy an extra 12,000 SmartPoints; existing customers who spend HK$700 within 30 days after card issuance, can also enjoy extra 7,000 SmartPoints!
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New customers can use 12,000 SmartPoints to fully redeem HK$1,200 vouchers (over 20+ brand vouchers including Apple / Wellcome/ Klook etc) or Outin Nano Portable Espresso (Value: HK$1,068), you can also top-up to redeem SAMSUNG Galaxy Tab A9 (WIFI-64GB) (Value: HK$1,288) or Apple AirPods (3rd generation) (Value: HK$1,499) from our Rewards Store. Existing customers can use 7,000 SmartPoints to fully redeem a SAMSUNG Galaxy Buds FE (Retail Value: HK$898) or HK$700 vouchers. Explore more other options available at our Rewards Store!
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【Bank Welcome Offer】Link enJoy Card to yuu Rewards Program and accumulate eligible retail spending of HK$6,000, New Credit Card Customers will be entitled to 120,000 yuu Points (equivalent to rewards worth HK$600); Existing Credit Card Customers will be entitled to 80,000 yuu Points (equivalent to rewards worth HK$400)!
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【🤝🏻Stack Your Rewards: HK$100 for Every Referral, Unlimited Earnings】If you have successfully applied for a credit card through MoneySmart during 1 Jan 2023 - 31 Jul 2024 and are entitled to MoneySmart exclusive rewards, you can earn an additional 1,000 points (equivalent to HK$100) by referring a friend or yourself to successfully apply for a specified credit card on or before 30 Sep! Enjoy limitless rewards - the more you refer, the more you earn!

Valid until 26 Sep 2024 - See more details below
Apply Now
sim World Mastercard®️
MoneySmart Exclusive
Up to 8% cashback on online retail transactions*
Cashback on Online Retail Transactions
Up to 8%
Fee Waiver
First Year Free
Local Resident
HK$150,000

【🔓UNLOCK EPIC REWARDS: Earn a Divoom SongBird SE or HK$500 Cash Coupon - Take your pick!】
From now until 30 September 2024, customers apply for a designated sim credit card through MoneySmart (sim Credit Card/ sim World Mastercard®️) successfully to get a Divoom SongBird SE - Portable Dual Microphone Speaker (Retail Price: HK$799) or HK$500 Apple Store Gift Card/ PARKnSHOP Voucher/ HKTVmall E-vouchers! Complete the digital ID verification on the sim Credit Card App within 3 hours after application, sim will offer an additional HK$50 cash rebate; fulfilling the spending requirement can earn sim welcome offer of up to HK$1,120. Enjoy the total rewards of up to HK$1,969!
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【MoneySmart Pampers You 🍎📱 3 Steps to Win the Newest Flagship Phone】
Successfully apply for sim World Mastercard®️ via MoneySmart by 30 Sep, complete the required steps and you will have a chance to win the latest flagship phone, earphones, smartwatches and more! Visit the event page for more information.
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【🤝🏻Stack Your Rewards: HK$100 for Every Referral, Unlimited Earnings】
If you have successfully applied for a credit card through MoneySmart during 1 Jan 2023 - 31 Jul 2024 and are entitled to MoneySmart exclusive rewards, you can earn an additional 1,000 points (equivalent to HK$100) by referring a friend or yourself to successfully apply for a specified credit card on or before 30 Sep! Enjoy limitless rewards - the more you refer, the more you earn!

Valid until 30 Sep 2024 - See more details below
Apply NowApply directly on MoneySmart
EarnMORE UnionPay Diamond Card
MoneySmart Exclusive
Earn 2% cashback from everyday spending
Min. Annual Salary
0
Cash back on overseas spend
2%
Cash back on local spend
2%

【MoneySmart Exclusive Offer】Want to get extra $300 vouchers from MoneySmart?  From now until 30 September 2024, new customers who successfully applied for EarnMORE UnionPay Diamond Card via MoneySmart, can enjoy 3,000 SmartPoints without further spending! Use your SmartPoints to redeem vouchers of your choice worth HK$300 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] From now until December 31, apply EarnMORE UnionPay Diamond Card through MoneySmart and earn extra HK$100 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 or Tertiary Student: HK$400 Klook e-Gift Card (Extra reward will be fulfilled by PrimeCredit)

Valid until 30 Sep 2024 - See more details below
Apply Now
The Platinum Card
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%

⚡️September ONLY【Unlock Your Rewards: Premium Gifts of up to HK$5,488 Await】
From now until 30 September 2024, apply for the Platinum Card and fulfil spending of HK$15,000 within the first 2 months, indulge in ONE of the Premium Gifts and Exclusive Vouchers below. Hurry, this limited-time upgrade awaits!
1. 🆕 Philips Water dispenser ADD6921DG/90 (Retail Value: HK$5,488) or
2. 🆕 YA-MAN Bloom 6 RF Anti-aging Dual-protein Beauty Instrument (Retail Value: HK$4,480) or
3. Dyson Airwrap multi-styler (Retail value: HK$4,480) or
4. GoPro HERO12 BLACK Creator Edition (Retail value: HK$4,800) or
5. HK$3,500 Apple Store Gift Card or
6. HK$3,500 PARKnSHOP Supermarket Voucher
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Terms & Conditions Apply.

Valid until 30 Sep 2024 - See more details below
Apply Now
sim Credit Card
MoneySmart Exclusive
Up to 8% cashback on online retail transactions*
Cashback on Online Retail Transactions
Up to 8%
Fee Waiver
First Year Free
Minimum Income Requirements
N/A

【🔓UNLOCK EPIC REWARDS: Earn a Divoom SongBird SE or HK$500 Cash Coupon - Take your pick!】
From now until 30 September 2024, customers apply for a designated sim credit card through MoneySmart (sim Credit Card/ sim World Mastercard®️) successfully to get a Divoom SongBird SE - Portable Dual Microphone Speaker (Retail Price: HK$799) or HK$500 Apple Store Gift Card/ PARKnSHOP Voucher/ HKTVmall E-vouchers! Complete the digital ID verification on the sim Credit Card App within 3 hours after application, sim will offer an additional HK$50 cash rebate; fulfilling the spending requirement can earn sim welcome offer of up to HK$1,120. Enjoy the total rewards of up to HK$1,969!
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【🤝🏻Stack Your Rewards: HK$100 for Every Referral, Unlimited Earnings】
If you have successfully applied for a credit card through MoneySmart during 1 Jan 2023 - 31 Jul 2024 and are entitled to MoneySmart exclusive rewards, you can earn an additional 1,000 points (equivalent to HK$100) by referring a friend or yourself to successfully apply for a specified credit card on or before 30 Sep! Enjoy limitless rewards - the more you refer, the more you earn!

Valid until 30 Sep 2024 - See more details below
Apply NowApply directly on MoneySmart
American Express Explorer® Credit Card
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$1.68 = 1 Mile
 Enhanced Offer!Up to 70,000 Miles and HK$400 Statement Credit Welcome Offer in Town!】
From now on until 30 September 2024, customers who successfully apply for the American Express Explorer Credit Card via MoneySmart can earn HK$300 Statement Credit upon the first transaction, plus gain 108,000 American Express Membership Rewards points (eqv. to 6,000 miles) upon the qualified spending of HK$7,000 within the first 3 months. Receive an extra HK$100 rebate by first top up HK$300 via iphone or apple watch to your Octopus in the first 3 months.

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! Enroll to earn as low as HK$1.68 = 1 mile of overseas spend!
🌟 Spend HK$7,000 to enjoy up to 6,000 miles + HK$400 rebate!

Boundless Explorer Lucky Draw🌸!
Craving for traveling to Hokkaido? Don't miss out the chance to win two round-trip business tickets to Sapporo & a 5-day hotel package in Niseko :

From now till October 31, 2024, simply click the [Apply Now] button to auto-enroll in the "Boundless Explorer 2024" Lucky Draw by applying for American Express Explorer Credit Card. Each HK$500 eligible spending can gain extra 5 chances; HK$2,000 eligible spending for extra 10 chances
Valid until 30 Sep 2024 - See more details below
Apply Now
DBS Eminent Visa Platinum Card
MoneySmart Exclusive
Min. Annual Salary
HK$150,000
Rebate on designated spending categories
5%
Rebate on other retail spending
1%

From now until 30 September 2024, customers who apply for designated cards through MoneySmart (Eminent Visa Platinum Card/ DBS Eminent Visa Signature Card) successfully, can get HK$200 Apple Store Gift Card or HK$200 Klook Gift Card or HK$200 ParknShop Voucher! 
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【🤝🏻Stack Your Rewards: HK$100 for Every Referral, Unlimited Earnings】
If you have successfully applied for a credit card through MoneySmart during 1 Jan 2023 - 31 Jul 2024 and are entitled to MoneySmart exclusive rewards, you can earn an additional 1,000 points (equivalent to HK$100) by referring a friend or yourself to successfully apply for a specified credit card on or before 31 Aug! Enjoy limitless rewards - the more you refer, the more you earn!

Valid until 30 Sep 2024 - See more details below
Apply Now
Dah Sing MyAuto Credit Card
MoneySmart Exclusive
Min. Annual Salary
HK$150,000
Miles Conversion (local spend)
N/A
Cash back on local spend
0.4%

From now until 30 September 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 30 Sep 2024 - See more details below
Apply Now
Dah Sing ONE+ Credit Card
MoneySmart Exclusive
HK$150,000
Annual Fee Waiver
First 2 Years
Cash back on retail spend
1%

【Welcome offer Exclusive for MoneySmart Users】From now until 30 September 2024,  New Dah Sing Credit Cardholder to get extra HK$150 PARKnSHOP supermarket vouchers or HKTVmall e-Voucher upon approval on the credit card! Total up to HK$650 rewards including Dah Sing Bank welcome offer. 

Each Eligible Cardholder is entitled to HK$500 cash rebate upon accumulating Eligible Spending of HKD5,000 or above, and making at least 5 Eligible Spending transactions, within the first 2 months from the date of the Bank's issuance of the Eligible Card.

Valid until 30 Sep 2024 - See more details below
Apply Now
DBS Eminent Visa Signature Card
MoneySmart Exclusive
Min. Annual Salary
HK$360,000
Rebate on designated spending categories
5%
Rebate on other retail spending
1%

From now until 30 September 2024, customers who apply for designated cards through MoneySmart (Eminent Visa Platinum Card/ DBS Eminent Visa Signature Card) successfully, can get HK$200 Apple Store Gift Card or HK$200 Klook Gift Card or HK$200 ParknShop Voucher! 
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【🤝🏻Stack Your Rewards: HK$100 for Every Referral, Unlimited Earnings】
If you have successfully applied for a credit card through MoneySmart during 1 Jan 2023 - 31 Jul 2024 and are entitled to MoneySmart exclusive rewards, you can earn an additional 1,000 points (equivalent to HK$100) by referring a friend or yourself to successfully apply for a specified credit card on or before 31 Aug! Enjoy limitless rewards - the more you refer, the more you earn!

Valid until 30 Sep 2024 - See more details below
Apply Now
WeWa UnionPay Diamond Card (applicable to designated Full-time University /Tertiary Students)
MoneySmart Exclusive
Min. Annual Salary
0
Local, Overseas and Online Spending via selected mobile payments
Up to 6%
Cash rebate on travel spending and designated spending categories
4%

**【MoneySmart Exclusive Offer】**Want to get extra $300 vouchers from MoneySmart?  From now until 31 August 2024, new customers who successfully applied for WeWa UnionPay Diamond Card via MoneySmart, can enjoy 3,000 SmartPoints without further spending! Use your SmartPoints to redeem vouchers of your choice worth HK$300 in the Rewards Store (over 20+ brand vouchers including Apple / Wellcome/ HKTVmall etc)!. Click here for more details. T&C applied. (fulfilled by MoneySmart)
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**【PrimeCredit x MoneySmart】**From now until December 31 2024, successfully applied WeWa UnionPay Diamond Card through MoneySmart and earn extra HK$100 cash rebate + Welcome offer : 🇯🇵 Osaka Round-trip Flight Tickets or Sony Wireless Noise Cancelling Headphones WH-1000XM4 (Silver) (Suggested price: HK$2,890) or HK$500 Cash Rebate or up to HK$90,000 Interest-free and Handling Fee-free Cash Instalment Program or Tertiary Student : HK$400 Klook e-Gift Card (Extra reward will be fulfilled by PrimeCredit)

Valid until 30 Sep 2024 - See more details below
Apply Now
EarnMORE UnionPay Diamond Card (applicable to designated Full-time University /Tertiary Students)
MoneySmart Exclusive
3 Complimentary airport lounges access per year
Min. Annual Salary
0
Local, Overseas and Online Spending via selected mobile payments
Up to 6%
Cash back on local spend
2%

**【MoneySmart Exclusive Offer】**Want to get extra $300 vouchers from MoneySmart?  From now until 30 September 2024, new customers who successfully applied for EarnMORE UnionPay Diamond Card via MoneySmart, can enjoy 3,000 SmartPoints without further spending! Use your SmartPoints to redeem vouchers of your choice worth HK$300 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] From now until December 31, apply EarnMORE UnionPay Diamond Card through MoneySmart and earn extra HK$100 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 or Tertiary Student: HK$400 Klook e-Gift Card (Extra reward will be fulfilled by PrimeCredit)

Valid until 30 Sep 2024 - See more details below
Apply Now
AEON CARD WAKUWAKU
Min. Annual Salary
HK$0
Cash back on online shopping
6%
Cash back on Japanese spending
3%
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.

Best Credit Cards in Hong Kong

Credit CardMinimum SalaryAnnual Fee
Standard Chartered Smart CardHK$96,000HK$0
Standard Chartered Asia Miles MastercardHK$96,000HK$1,800
Hang Seng MMPOWER CardHK$150,000HK$0
DBS Black World MastercardHK$240,000HK$2,000
American Express Platinum Credit CardHK$300,000HK$2,200
WeWa UnionPay CardHK$0HK$800
EarnMORE UnionPay CardHK$0HK$800
HSBC Red CardHK$120,000HK$0

HK Credit Card Offers

Standard Chartered Credit Cards

All Standard Chartered customers can earn rewards for eligible purchases. Rewards range from Asia Miles (with the Standard Chartered Asia Miles card), cashback, or 360° Rewards Points. Cardholders can exchange points for vouchers at merchants such as PARKnSHOP and IKEA. Other shopping categories include electronics, lifestyle products, and travel.

Citibank Credit Cards

Citi PremierMiles Card and Citi Rewards Card are the signature cards for Citibank. The former one is a good choice for collecting Asia Miles with the earning ratio of HK$8=1 mile with no mileage conversion fee while the latter one offers many travel perks including up to 12 times of free access to the airport lounge. Moreover, you can earn bonus reward points for spending in supermarkets and department stores. These points can be redeemed for cash coupons, miles, or used to offset purchases.

DBS Credit Cards

DBS Black Card is famous for collecting miles. All DBS personal credit card holders (except for COMPASS VISA cardholders) can earn DBS $1 for every HK$250 spending, which can be used for cash rebate or other rewards under the Reward Scheme. But changes to the type of reward scheme can only be made once a year.

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Compare Credit Cards in Hong Kong

Air Miles

Miles Credit Cards

  1. Standard Chartered Asia Miles Mastercard: HK$4/ mile for dining and online spending
  2. Citi PremierMiles Card: HK$3/ mile for foreign currency transactions
  3. American Express Cathay Pacific Elite Credit Card: HK6/ 1.5 mile for foreign currency spending

Cashback

Cashback Credit Cards

  1. Standard Chartered Simply Cash Visa Card: 2% rebates on foreign currency transactions
  2. Citi Cash Back Visa Card: 2% rebates on global dining and hotel spending
  3. EarnMORE UnionPay Card: 2% rebates on all spending

Reward Points

Reward Points Credit Cards

  1. Citi Rewards Card: 5x points all-year-round at supermarkets, department stores, and telecom providers
  2. HSBC Visa Signature Card: Up to 14x “RewardCash” for selected categories

Credit Card Promotions

Year-Round Offers

Enjoy year-round privileges at dining, shopping and travel hotspot throughout the year with your credit card. For movie lovers, get buy-1-get-1-free on Friday movie tickets at UA Cinemas with UnionPay Diamond Credit Cards. Visa Signature cardholders can enjoy up to HK$200 off upon designated spending amount at restaurants like Limewood and Sip Song.

Free Airport Lounge Access

Credit Cards often provide complimentary airport lounge access which some might even allow free companions entry. Take AE Platinum Card as an example, the principal card owner is entitled to a free membership in Priority pass, which allows access to over 1,000 lounges in the world. Citi Prestige Card cardholders can also get access to Mastercard Airport LoungeKey lounges worldwide.

Welcome Gift

Welcome offers come in various types including cash rebate, air miles, coupons or gifts. Popular gift options including suitcases and electronic devices. For example, DBS COMPASS VISA gives you a Le Maurice suitcase and WeWa UnionPay Card gives you a Jabra wireless headphone as a welcome gift.

How to Choose the Best Credit Card for You in 3 Steps

There isn’t one credit card that is better than the rest. The best card for you depends on your lifestyle and regular spending habits. Here’s 3 ways to decide which card is best for you.

Step 1

Identify the type of card that best fits your lifestyle

Firstly, you want to make sure you are benefitting from the things that you spend the most money on. For example, if you spend the most on dining every month, it would make sense to get a card that maximizes the benefits you get from spending all that money eating out.

Step 2

Understand your intentions

It’s important to think about how you intend on using your card benefits. Do you prefer immediate cash rebates? Or would you prefer to collect and redeem Asia miles? Understanding what types of benefits you’d like is a major factor in deciding which card would be better for you.

Step 3

Consider the charges in the Terms and Conditions

Dig deeper into the card details to find one with the best overall value. For example, what is the expiry date for point redemptions? What are the international and domestic transfer fees? What is the required spending before you qualify for the sign-up bonus? These are a few of the important questions to think through as you shop for your new card.

5 Types of Hong Kong Credit Cards

Hong Kong credit cards are from 5 major card issuers. Visa and Mastercard take up most of the market, followed by American Express, UnionPay, and JCB. Visa and Mastercard are card issuers with a long history and are accepted everywhere in the world. On the other hand, American Express can be used in 130+ countries.

UnionPay credit cards are great for spending in China. Many Hong Kong banks have launched UnionPay dual-currency credit cards, such as HSBC UnionPay Dual Currency Credit Card and Standard Chartered UnionPay Dual Currency Platinum Credit Card to benefit frequent travelers to mainland China.

JCB credit cards are perfect for those who travel often to Japan because they offer many discounts on spending in Japan. Currently, only BEA and AEON have launched JCB credit cards in Hong Kong.

What Are the Easiest Credit Cards to Get Approved for?

Low Income Requirement Credit Cards

Many credit cards specify a low minimum income and some cards such as EarnMORE UnionPay Card and WeWa UnionPay Card do not specify a minimum income, which is ideal for housewives/ freelancers or tertiary school students to apply. Submitting your proof of asset increases your chances of getting approved, but you may still get approved without it.

No Annual Fee Credit Cards

A credit card with no annual fee helps cardholders save on card costs and maximise the rewards cardholders earn. Cardholders can enjoy no fees for life or within the promotional period depending on the type of cards you apply.

What Credit Card is Best?

There is no absolute for the best credit card, you should choose credit cards based on your spending habits. Pick credit cards with different spending categories based on your habits to earn the most rewards. For reward point credit cards, you can redeem cash rebates, air miles, coupons, and other gifts, giving you higher flexibility. Air miles credit cards are suitable for frequent flyers who would take the effort to research on collecting miles. Cashback credit cards are suitable for those who don’t spend a lot and want to get rebates directly.

Which is better: Visa or Mastercard credit card?

Visa and Mastercard credit cards are both globally accepted and offer different perks for members in different tiers, the most common types of Visa and Mastercard credit cards include Visa Platinum, Visa Signature, Visa Infinite, Titanium & Platinum Mastercard, World Mastercard and World Elite Mastercard.

Both Visa and Mastercard offer its own network benefits including travel, luxury hotel, dining and more when it comes to foreign spending, Mastercard often offers slightly better exchange rate, but for everyday card users, there is not much difference between Visa and Mastercard. It is suggested to find the right credit card by focusing on each card offer and perks of your choice, and be aware of annual fee, cash back, air miles or rewards that you are looking for.

How many credit cards can I apply for?

There is no absolute limit on the number of credit cards you can have. Having more than one credit card can allow you to get different credit card offers and benefits for different cards, you can also earn various rewards like air miles or cashback on your daily spending.

However, applying for too many credit cards at a time can hurt your credit score and the chances of credit card approval. Even though the damage on credit scores are only temporary, if you are hoping to get a mortgage or personal loan in the coming months, it is best to keep your credit report nice and clean.

Common Credit Card Fees

Annual fees aren’t the only type of credit card charges you might be paying. Many of these other common fees will impact the benefits you earn, so be mindful of them and actively monitor your spend.

Balance transfer fees

Charged when you move a balance from one card to another, usually 3-4% of the amount.

Late payment fees

If you don’t pay at least the minimum payment on your credit card payment due date, you may incur a late payment fee, usually $80-350 HKD.

Foreign transaction fees

If you love to travel, be cautious of this fee whenever a purchase is made outside of Hong Kong, as it is typically between 3-4% of the purchase amount.

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Credit Card Recommendations

Which cards suit me the most?

There's no best credit card that suits everyone. Let's pick a card based on your spending habits!

Our customer reviews on applying credit cards through MoneySmart

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Successfully applied for a credit card and successfully received the application gift.
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⭐️⭐️⭐️⭐️⭐️

Customer service is good, timely response, helpful. Great experience with MoneySmart. Will continue to apply credit card through MoneySmart in the future.
As seen on Google

⭐️⭐️⭐️⭐️⭐️

Speedy turnaround time, problem promptly resolved.
As seen on Google

Frequently Asked Questions

What is MoneySmart Referral Program?

Successful application through MoneySmart and accumulating eligible transactions of HK$300 or above can get HK$1,600 Apple Gift Card/759 store e-voucher/Beosound Explore Waterproof outdoor speaker (retail value $1,898) and 9,000 Miles (108,000 Points) (Fulfilled by Citibank). Get extra $300 for every friend you refer to apply. The more you refer, the more rewards you get!

Can foreigners apply for credit cards in Hong Kong?

Non-permanent residents can submit credit card application online together with supporting documents which include identity proof (e.g passport), income/ employment proof and address proof for approval.

Which credit card is best in Hong Kong?

There is no single card that suits everyone. Card applicant should pick credit cards with different spending categories to earn the most rewards. For reward point credit cards, cardholders can exchange for cash rebates, air miles, coupons, and other gifts flexibly. Air miles credit cards are suitable for frequent flyers who don’t mind the complicated redemption procedure. Cashback credit cards are suitable for low spenders to get rebates directly.

Do taxis in Hong Kong accept credit cards?

Generally speaking, no. Taxi fare needs to be settled by cash in Hong Kong.

Which credit card has the best foreign exchange rate?

It varies from providers to providers. It is best to check on the card issuer’s website for the exact foreign exchange rate on the day of the transaction. To make your money go further, you should also consider other factors like transaction fees, earning ratio, etc. when choosing which card to use overseas.

Which credit card has no foreign exchange fee?

Most UnionPay Cards do not charge a foreign exchange fee. But it doesn’t mean that it’s best to use UnionPay Cards for foreign transactions. To make your hard-earned money go further, other factors like transaction fees, earning ratio, etc. should also be taken into consideration.

Does Hong Kong take credit cards?

Yes. Visa, Mastercard, Union Pay and American Express credit cards are widely accepted in Hong Kong.

Can I use my credit card in Hong Kong?

Visa and Mastercard can be accepted worldwide but cardholders need to be aware that foreign transactions fee may apply. If cardholders wish to pay in his/ her preferred currency other than the local currency, Dynamic currency conversion (DCC) will be charged in addition to the foreign transaction fee.

What exclusive offers can I enjoy if I apply for credit cards through MoneySmart?

MoneySmart partners with various banks in Hong Kong, such as Citibank and SCB to give exclusive offers. Click now to find the latest offers!