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Your Guide to Credit Cards in Hong Kong

From booking flights to settling the tab at the end of the night to the inevitable online shopping spree, life in Hong Kong is made much easier when you had a credit card at hand. Choosing the right one, however, is easier said than done. With so many on the market, narrowing down your search is no mean feat, but not all cards carry equal weight. To help you out, we’ve looked at the options for Hongkongers, to find the most suitable for each type of spender.



American Express Cathay Pacific Elite

Best for: Travel, foreign spending
Perks: 1 Asia Mile for every $6 spent locally, 1.5 for every $6 spent overseas, complimentary enrolment into the Marco Polo Club
Annual fee: $1,800 (first-year waiver)
Minimum annual income: $300,000


Standard Chartered Bank Asia Miles Mastercard

Best for: Travel, flight benefits
Perks: 1 Asia Mile for every $6 spent locally, 1 Asia Mile for every $4 spent overseas and in select local spending categories
Annual fee: $1,800 (first-year waiver)
Minimum annual income: $240,000


ANGEL Pre-Paid Mastercard

Best for: Travel, instant approval
Perks: No credit check, low exchange rates, stores up to $100,000
Annual fee: None ($300 purchase fee)
Minimum annual income: None


Dah Sing British Airways Platinum

Best for: Travel, expats
Perks: Flight discounts, 1 Avios for every $6 spent locally, 1.5 for every $6 spent overseas
Annual fee: $1,800 (three-year fee waiver)
Minimum annual income: $150,000


Citi Octopus Visa Platinum

Best for: Commuters, convenience
Perks: 15% select bus fare rebate, Octopus cash rewards
Annual fee: $1,800 (two-year fee waiver)
Minimum annual income: $150,000


HSBC Platinum Visa

Best for: Rewards seekers
Perks: Cashback, exclusive offers
Annual fee: $1,800 (two-year fee waiver)
Minimum annual income: $150,000


DBS Black World Mastercard

Best for: Travel, air miles affiliates
Perks: Local and foreign spending rebate, select travel discounts
Annual fee: $2,000 (first-year waiver)
Minimum annual income: $240,000


HSBC UnionPay Dual Currency

Best for: Frequent visitors to China, low-income earners
Perks: Cash back on local spending, separate HKD and RMB accounts
Annual fee: $300
Minimum annual income: $60,000


Going Cashless

Hong Kong is becoming an increasingly cashless society, and Octopus Cards can be used on public transport, to make purchases at convenience stores, and even to settle hospital bills. You can now also link them to select credit cards, meaning you never have to carry cash to top up. There are also now several payment systems linked to smart devices that are widely accepted in Hong Kong, including Apple Pay, AliPay, and WeChat.


Read more! Visit the Careers page on Localiiz for more information on money matters in Hong Kong.

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