HSBC Credit Cards

Hong Kong's global bank offers an extensive range of credit cards, including premium rewards cards and a dual currency card. Compare what's on offer from HSBC.



HSBC offers a comprehensive range of credit card products, ranging from a convenient and easy to apply for local currency card through to cards with premium travel features. Your credit card from HSBC unlocks generous benefits, including RewardCash, access to discounts at retailers and a convenient repayment plan. What’s more, you can also apply for dual currency cards on the UnionPay network.

Finder does not currently have access to this credit card provider in Hong Kong. Please review the product details, application criteria and terms and conditions on the provider website if you are considering applying for this product.

Types of HSBC credit cards

From cards with no annual fee and low rates to platinum and business cards that offer competitive rewards programmes and promotions, there’s a lot to choose from when you compare HSBC credit cards. They offer balance transfer introductory periods on other credit cards that can deliver further savings, too. HSBC has a strong presence in the premium end of the credit card market, with a range of platinum products to choose from. Let’s take a look at the main types of credit cards which are offered by HSBC.

  • Rewards cards

Rewards credit cards offer a number of incentives that help you get extra value from your card as you spend. HSBC rewards cards let you earn points on purchases which you can redeem for a variety of rewards including flights, gift cards, travel packages, merchandise and more. HSBC has no fewer than five cards which let you multiply by six the cash value of your rewards. These are: HSBC Premier Mastercard; HSBC UnionPay Dual Currency Diamond Credit Card; HSBC Visa Gold Card; HSBC UnionPay Dual Currency Credit Card; and HSBC Visa Platinum Card. What’s more, the HSBC Visa Signature Card will multiply by nine the value of your rewards. The Red Credit Card offers an attractive rate of 4% cashback for online transactions.

  • No annual fee cards

No annual fee credit cards can be an efficient way to keep your card costs low. If you don’t use your card regularly or just want to avoid standard fees, the HSBC Premier World Mastercard charges HK$0 annual fee for the life of the card. While no annual fee cards generally come with fewer extra features, the HSBC Premier World Mastercard offers a rewards program as well as travel and purchase protection insurance.

  • Premium cards

The HSBC Premier World Mastercard is a premium product that offers cardholders more value for their money. This product gives you up to a total of 6.4% cashback on overseas spending, and many other benefits including buy-one-get-one-free dining at Michelin Restaurants. Cardholders can also take advantage of a low balance transfer offer and complimentary insurance covers with no annual fee. The HSBC Visa Signature card comes with exclusive dining offers, a 24-hour concierge and a range of benefits targeted at holders of a Visa Signature card.

  • Dual currency credit cards

If you travel frequently between China and Hong Kong, you can get financial control and protection with the HSBC UnionPay Dual Currency Credit Card. It allows flexible payments in Hong Kong dollars and Renminbi. Plus, you won’t have to worry about exchange rate fluctuations. If you’re seeking extra rewards and services when travelling around the world, you could think about the HSBC Pulse UnionPay Dual Currency Diamond Credit Card. This card also offers an additional rebate of up to 2% if you spend in Mainland China and Macau.

  • Student credit card

The HSBC Visa Gold Card for Students gives a 2.4% rate of cashback on everyday spending, including overseas. It’ll also let you enjoy up to HK$400 in rebates on your tuition fee payment.

What benefits can I get with an HSBC credit card?

  • RewardCash program

Your HSBC card will automatically be enrolled in HSBC’s rewards programme, RewardCash. Every eligible dollar of card spend earns RewardCash with some categories of card spend earning up to nine times the standard level of RewardCash. You can shop with your RewardCash balance and even enjoy a discount depending on how long you have held your HSBC credit card.

  • Private label cards

Add a private label card to your HSBC credit card and receive exclusive discounts and offers at designated stores. At the time of writing you can unlock a 10% discount at city’super, LOG-ON and cookedDeli or choose a Dickson or Harvey Nichols private label card each offering 10% off purchases.

  • Premium travel and leisure benefits

With HSBC you get substantial travel and leisure benefits, with facilities and offers increasing as you step up to HSBC’s premium cards. The HSBC Premier Mastercard allows you to get a rebate of HK$800 and 800 AsiaMiles if you book flights via the Cathay Pacific website. The Red Credit Card gives you up to 11% off on worldwide hotel bookings made with Elsewhere the Visa Signature Card offers a 15% discount when you book with Agoda, the global online travel agency.

  • Cash and spending instalment plans

Use the cash instalment plan on your card to turn your credit limit into cash or to settle another credit card, paying off the amount transferred over up to 60 months. Alternatively, combine multiple card transaction into a spending instalment plan over a maximum of 24 months.

  • Convenient mobile payments

Pay for purchases using your Apple, Google or Samsung compatible mobile phone. Simply add your card to Apple Pay, Google Pay or Samsung Pay and complete transactions by tapping your phone on a contactless credit card terminal.

  • Octopus Automatic Add-Value Service (AAVS)

Automatically reload your Octopus and earn RewardCash while doing so. With HSBC you can easily link your smart card to your credit card to top up your balance conveniently in HK$250 or HK$500 increments.

  • A convenient online banking experience

As a HSBC customer, you can manage your account, view recent transactions and make payments through their online banking facility.

How can I apply for an HSBC credit card?

As with any credit card you choose, you’ll want to make sure that you meet the eligibility requirements and organise the necessary documents and information to improve your chances of approval.

The eligibility requirements and specific necessary documents may vary from card to card, but you can expect to be asked about the following:

    • Personal information. This includes your current home address and previous home address if you’ve recently moved.
    • Residential status. While HSBC offers credit cards to non-temporary residents, however, you may need to speak to a HSBC representative directly if you wish to apply as a non-resident.
    • Employer’s details. You will be asked to provide your employer’s contact details. If you’re self-employed you may also be asked to provide your accountant’s contact information.
    • Financial information. The online application requires you to detail your financial situation. This includes information about your income, expenses, assets and liabilities. You may be required to confirm whether or not you have a mortgage or any dependent children and provide details regarding your savings and whether you get any income from assets such as shares or property.

Eligibility requirements

      • Age. The minimum age requirement to apply for an HSBC card is 18.
      • Residential Status. You have to be a resident of Hong Kong to apply, but you don’t need to hold a permanent Hong Kong ID card – foreigners can also apply.
      • Income requirements. Annual income requirements for HSBC credit cards differ, starting from HK$60,000 for the HSBC Visa Gold Card up to HK$360,000 for the Visa Signature card.
      • Other requirements. The HSBC Premier MasterCard is only available to HSBC Premier customers which in itself is restricted to customers with an HSBC-defined Relationship Balance of HK$1,000,000 or more.
      • Credit history. You need to have a good credit history to be eligible for an HSBC credit card. HSBC will also consider all your existing outstanding debts before granting you further credit.

Necessary documents and information

      • Proof of identification. New customers are required to upload a copy of their Hong Kong ID card when applying, or a copy of their passport.
      • Proof of income. You can submit proof of income in the shape of your latest tax demand notice. Alternatively, you can provide bank statements or payslips covering one month with a clear indication of your salary. If your earnings vary, supply three months of bank statements or payslips.
      • Confirmation of address. HSBC will request a bank statement or utility bill with your current address on it and no older than three months. This only applies to new customers.
      • Foreigners. If you’re a foreigner you need to supply confirmation of your remaining employment period in Hong Kong, which should be a minimum of 12 months. This can be your Hong Kong visa or your employment contract.

HSBC has a wide range of credit cards that match different needs and requirements. Always compare the HSBC range with the products on offer from other Hong Kong credit card providers. Only if you are certain that HSBC offers the credit card product which is best suited for you should you apply to open an account.

What supporting documents and information will I need?

The documents you need to apply will depend on the card product you are applying for, whether you are an existing HSBC customer and whether you have a permanent Hong Kong Identity Card. You may be asked to provide your passport and proof of your address and income. Documents can be uploaded online or by taking a picture of the document using your mobile phone.

Frequently asked questions about HSBC credit cards

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