Banks in Hong Kong such as HSBC, Hang Seng Bank and Standard Chartered Bank issue different types of credit cards with generous rewards and their eligibility requirements are also different. Hence, the processing time varies depending on the card issuer, but as soon as your application Have been approved, it normally takes 7 to 10 working days until you receive your card. Make sure that you submit all the relevant documents so that your application can be processed as quickly as possible.

Most Hong Kong credit card providers require you to be of legal age and a permanent resident/citizen of Hong Kong. You would also have to have stable employment and meet minimum salary requirements, which vary according to the type of credit card.

Banks look at your credit score and income to determine the maximum credit amount they would extend to you. If your application is approved, the credit limit a bank gives you may be lower or higher than what you indicated in your application. If your credit score Is satisfactory, banks may give you the maximum credit limit. If you think your limit is too high, you can talk to your provider and ask them to reduce it. Know more about credit score by reading our credit card application guide.

The annual fee, which is generally charged HK$200-HK$6,000, depends on the bank and the type of credit card. One-to three-year annual fee waiver is usually offered to attract users, and cardholders get their fee waived if they can Meet the minimum spending. Some card issuers even advertise credit cards with no annual fee, so please be sure to check the terms before applying. You can request annual fee waiver by calling the card issuer's hotline. further, many banks charge an early termination fee In addition to credit card welcome offers, you should also check with your provider to see the fees And charges of your credit card.