Compare Credit Cards in Hong Kong

Live offers

28 live offers compared from 17 providers, from HK$30 /month. Updated daily.

What are Credit Cards in Hong Kong?

Credit cards let you borrow to spend and repay monthly, in Hong Kong usually with generous rewards: cash rebates, air miles, dining and shopping offers and welcome gifts. The market is intensely competitive, with banks, virtual banks and co-brand partners fighting for spend through sign-up bonuses and category multipliers. Cards charge no interest if you clear the statement balance in full, but high rates apply to revolving debt.

How the Hong Kong market works

Traditional issuers such as HSBC Hong Kong, CMB Wing Lung and others compete with virtual banks and fintech-linked cards. Mox, ZA Bank, livi and Airstar Bank issue numberless or app-first cards with instant approval and flat cashback. Co-brand and telco cards from 3 Hong Kong and HKBN bundle bill rebates and lifestyle perks. Welcome offers, often worth thousands of HK$ in gifts or miles, drive much of the switching.

Benefits

Rewards on spend — earn cashback, air miles or points, sometimes several percent in bonus categories.

Interest-free period — pay in full and you borrow at no cost until the due date.

Welcome bonuses — sign-up gifts and miles can be worth thousands of HK$ for new cardholders.

Purchase perks — travel insurance, extended warranty and dining privileges come bundled on many cards.

Instant virtual cards — virtual banks issue a usable card in the app immediately, before the physical card arrives.

How to choose

Match the card to your spending: flat cashback for simplicity, category cards for dining or online, or miles cards for travellers. Compare the effective reward rate after caps, the annual fee and how easily it is waived, the welcome-offer spend requirement, and the foreign-transaction fee if you travel. Only carry a balance if unavoidable, given the high revolving APR.

Leading providers in Hong Kong

HSBC Hong Kong offers the broadest range from cashback to premium miles cards; CMB Wing Lung competes on rewards and cross-border perks. Virtual banks Mox, ZA Bank, livi and Airstar Bank lead on numberless, app-first cards with instant issuance and flat cashback. Telco and ISP cards from 3 Hong Kong and HKBN reward customers with bill rebates and bundled lifestyle offers.

What it costs

Many cards carry no annual fee or waive it on meeting a spend threshold, while premium cards range up to around HK$2,000 or more a year. Revolving interest is high, typically around 30% APR, and cash advances add fees. Foreign-transaction loadings of roughly 1.95% apply on overseas or foreign-currency spend unless the card specifically waives them.

Protections and regulation

Card issuers are authorised institutions supervised by the HKMA and follow the Code of Banking Practice, which requires clear disclosure of the APR, fees, minimum payment and the risk of revolving debt. Chargeback rights through Visa and Mastercard offer recourse on disputed or fraudulent transactions. Issuers must assess affordability and disclose the cost of borrowing before you sign up.

Common questions

Do I pay interest if I clear the balance? — No; pay the statement in full by the due date and purchases are interest-free.

Are welcome offers worth switching for? — Often yes, but check the required spend and whether you can hit it comfortably.

What about overseas spending? — Expect a foreign-transaction fee near 1.95% unless the card waives it.

Cashback or miles? — Cashback suits everyday spenders; miles reward frequent flyers who can use the redemptions.

Can I get the annual fee waived? — Often yes, by meeting a spend threshold or requesting a waiver; check each card terms.

Credit Cards in Hong Kong — FAQ