PrimeCredit EarnMORE UnionPay Diamond Card

Last Updated:Jan 2021
$150,000
Min. Annual Income
Offers
Benefits
Eligibility
APR/Fees

Offers

Exclusive Offer

from MoneyHero

OPTION 1

HK$500 Cash Rewards

  • From 1 to 31 January 2021, new customers of PrimeCredit Credit Card who successfully apply for PrimeCredit EarnMORE UnionPay Card for University Student via MoneyHero can enjoy HK$200 supermarket coupon + HK$300 cash rebate
  • PrimeCredit will credit the HK$300 cash rebate into the respective credit card account after the card is successfully approved
  • The redemption process of HK$200 supermarket coupon may take at least 16 weeks starting from the date on which the MoneyHero Reward Redemption Form is submitted, depending on the actual situation regarding user’s approval and transaction status or other factors that may affect eligibility for the Promotion Reward. If you have concerns regarding the redemption process, please refer to this article.

Welcome Offers from PrimeCredit

OPTION 1

DYSON V7 Fluffy+ Wireless Vacuum Cleaner (HK$170 X 6-month instalment)

  • Spend HK$8,500 on Eligible Retail Purchase Transactions within 90 days from the card issuing date
  • The redemption letter will be issued to the Cardholder within 4 months upon fulfilling the designated Eligible Retail Purchase Transactions Requirement with the new card.
  • Cardholder will be subjected to 6-moth instalments with monthly instalment amount of HK$170 to redeem the gift after gift redemption.
OPTION 2

TEFAL Healthy Air Fryer (FX202D)

  • Spend HK$8,500 on Eligible Retail Purchase Transactions within 90 days from the card issuing date
  • The redemption letter will be issued to the Cardholder within 4 months upon fulfilling the designated Eligible Retail Purchase Transactions Requirement with the new card.

Up to 3% cash rebate when you spend with the Card during the holiday season; 3-month Interest-free Credit Card Transaction Instalment Plan

Please turn off AdBlocker and private mode before application. Send us an email to receive the reward redemption form after card approval.

Up to 3% cash rebate when you spend with the Card during the holiday season; 3-month Interest-free Credit Card Transaction Instalment Plan

Please turn off AdBlocker and private mode before application. Send us an email to receive the reward redemption form after card approval.

Annual Fee Waiver
Annual Fee Waiver
Airport Lounge
Airport Lounge
Octopus Reload Rebate
Octopus Reload Rebate
Annual Fee Waiver
Annual Fee Waiver
Airport Lounge
Airport Lounge
Octopus Reload Rebate
Octopus Reload Rebate

Great for

Welcome Offer
Requirements Welcome Offers
(Choose 1 from 4)
Spend HK$8,500 on Eligible Retail Purchase within 90 days from the card issuing date DYSON V7 Fluffy+ Wireless Vacuum Cleaner
(HK$170 X 6-month instalment)
TEFAL Healthy Air Fryer
(FX202D)
HK$500 Cash Rebate
No spending requirement Up to HK$90,000 Interest-Free and Handling Fee-Free Cash Instalment Program
MoneyHero Exclusive Offer - HK$500 Cash Rewards
  • New customers of PrimeCredit Credit Card who successfully apply for PrimeCredit EarnMORE UnionPay Diamond Card via MoneyHero can enjoy HK$200 supermarket coupon + HK$300 cash rebate.
    • Note down your application reference number for reference. We suggest you upload all required documents when you apply the card to facilitate the approval process.
    • Send an email with(1) full name, (2) application date, (3) screen capture of reference number and (4) screen capture of approval SMS or Email notification to support@moneyhero.com.hk and complete the redemption form sent via email for verification and follow-up within 30 days of card approval. MoneyHero will verify your reward eligibility with PrimeCredit.
    • The redemption process may take at least 16 weeks starting from the date on which the MoneyHero Reward Redemption Form is submitted, depending on the actual situation regarding user’s approval and transaction status or other factors that may affect eligibility for the Promotion Reward. If you have concerns regarding the redemption process, please refer to this article.
Enjoy 3% direct cash rebate when you spend with the Card during the holiday season
  • 3% cash rebate during the holiday season (1% basic rebate + 1% extra rebate + 1% additional cash rebate for festive spending) (HK$250 spending = HK$7.5 cash rebate)
    • EarnMORE UnionPay Card cardholders who register the program via OmyCard App and accumulate spending of HK$15,000 or above during the promotion period are entitled to up to 3% cash rebate. (Each cardholder can be entitled to a maximum amount of HK$150 cash rebate during the promotion period.)
    • Promotion Period: from 15 December 2020 to 14 March 2021
  • 2% cash rebate (1% basic rebate + 1% extra rebate) on year-round spending (HK$250 spending = HK$5 cash rebate)
  • 2% cash rebate on applying Octopus Automatic Add Value Service with EarnMORE UnionPay Card at every reloading (HK$250 spending = HK$5 cash rebate)
Easy and instant payment with new in-app UnionPay QR code function in OmyCard app
  • Enjoy "Catch It Quick" limited-time offers through the app. You can buy popular products at a discounted price.
Chung Yuen Electrical x WeWa Shopping Privileges - Up to HK$3,300 Cash Rebate & Selected Items Up to 60% Off
Cardholders with valid PrimeCredit Credit Card(s) can enjoy the following offers at any Chung Yuen Electrical stores or online store www.cyeshop.com from 1 January to 28 February 2021.
  • Offer 1: Up to HK$3,300 Cash Rebate
    Cardholders register at OmyCard Mobile Application and enjoy the following cash rebate upon a single transaction of designated amounts at any Chung Yuen Electrical stores or online store www.cyeshop.com in Hong Kong.
    Designated Single Transaction Spending Amount Cash Rebate Additional Cash Rebate (Applicable to PrimeCredit UnionPay Card)
    HK$8,000 or above HK$400 HK$120
    HK$5,000 - HK$7,999 HK$200 HK$70
    HK$3,000 - HK$4,999 HK$100 HK$20
    Each cardholder can be entitled up to a maximum amount of HK$400 cash rebate and HK$120 additional cash rebate per day within the promotion period and up to a maximum amount fo HK$2,500 cash rebate and HK$800 additional cash rebate (up to HK$3,000 cash rebate) for the whole promotion period.
  • Offer 2: Selected Items Up to 60% Off
    Enjoy up to 60% off for purchase of selected items at any Chung Yuen Electrical stores in Hon Kong.
3-month Interest-free Credit Card Transaction Instalment Plan
  • From now till 31 March 2021, enjoy waiver on interest rate and handling fee for option of 3 months of Credit Card Transaction Instalment Plan when you apply for the plan via OmyCard App. The plan is applicable to single eligible retail spending of HK$1,500 or above. No limit on applications of transaction instalment.
Enjoy a handcrafted beverage (worth HK$25 or below) for HK$1 at designated Pacific Coffee outlets at Hong Kong International Airport
Exemption of foreign transaction fees
Annual fee waiver for the first 2 years

Need to know

Welcome offers and MoneyHero exclusive offer are applicable to applicants who are not holding and / or have not held any Credit Card issued by PrimeCredit in the past 6 months.
  • The promotion period of Welcome Offers is valid from 1 January to 31 December 2021.
Each card can be entitled to a maximum amount of HK$2,000 extra 1% cash rebate during the Promotion Period.
  • Eligible Retail Purchase Transactions include to all posted retail purchase transactions and Octopus Automatic Add Value Service and exclude Reload of e-Wallets.
  • The promotion period of 2% year-round rebate is valid from 1 January to 31 December 2021.

Benefits

Year-round rewards

Cash rebate
Air miles rewards
Cash rebate
Local Spending
2%
Overseas Spending
2%
Online Shopping Spending (Overseas)
2%
Online Shopping Spending (Local)
2%
Dining Spending
2%
Octopus Top Up Spending
2%

Year-round benefits

OFFER 1

Access to LoungeKey Greater China Airport Lounge for 3 times with HK$12,000 spending

Spend over HK$12,000 within 2 continuous months every year

Eligibility

APR/Fees

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How to find the right financial products for you?

MoneyHero has partnered with the most trusted banks and financial institutions in Hong Kong to help you find the right financial products for you. Through our comparison engine, you can compare credit cards, personal loans, mortgages, medical insurance, travel insurance, HK stock accounts, US stock accounts, payroll accounts and other financial products. We provide accurate, up-to-date information and an unbiased overview of financial products in Hong Kong so that you can make the best choice, saving your time and money.

How do I qualify for a credit card account?

Most Hong Kong credit card providers require applicants to be of legal age and a permanent resident/citizen of Hong Kong.

You would also need to have stable employment and meet minimum salary requirements, which vary according to the type of credit card.

How many types of credit cards in Hong Kong? How should I choose my credit cards?

The main types of credit cards in Hong Kong are VISA and MasterCard, followed by American Express and JCB.

In order to choose the best credit card, you can consider the popularity and offers of the card types, and also the reputation of banks, class of the credit cards, etc. Many people own several credit cards to meet different needs nowadays. Also, you can consider your spending habits and choose Cash Back Credit Cards, Airmiles Credit Cards, Dining Credit Cards, Online Shopping Credit Cards, Premium Credit Cards, Corporate Credit Cards, Entry Level / Student Credit Cards, UnionPay Credit Cards, or Welcome Offers Credit Cards. You can also make use of MoneyHero comparison pages, and compare latest offers of credit cards.

Do existing customers enjoy the Welcome Offers offered by MoneyHero?

For exclusive offers from MoneyHero, current customers are unfortunately not eligible to enjoy. For welcome offer from banks or institutions, various terms and conditions apply, subject to different banks and institutions. You may refer to the following:

American Express 
Welcome offers do not apply to current customers. Their welcome offers only apply on applicants who have not held or cancelled American Express credit cards in the past 12 months.

Citibank 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled Citibank credit cards in the past 12 months.

DBS 
Current and new customers are eligible for welcome offers. New customers refer to card holders who have not held or cancelled Citibank credit cards in the past 12 months. For more details of welcome offers, please click here.

PrimeCredit 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled PrimeCredit credit cards in the past 6 months.

CITIC 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled CITIC credit cards in the past 12 months.

HSBC 
Current and new customers are eligible for welcome offers. For more details of welcome offers, please click here

BEA 
Welcome offers do not apply to current customers. Their welcome offers only apply to applicants who have not held or cancelled BEA credit cards in the past 6 months.

What are the common credit card rewards?

Credit card rewards come in many forms, the two major incentives are air miles and cash back. Many card issuers have different credit card rewards programs, cardholders can earn reward points for their spending and redeem the points for cash backair milesgift vouchers or free gifts.

Certain banks promote cash back rewards which their credit cards can earn, cardholders can enjoy 1-4% cash rebate for eligible local / overseas spending or shopping online.

If you travel and use your credit card to book flights and hotels frequently, you can earn more air miles using air mile credit cards. You may redeem miles for award flights, hotel stays and other travel offers.

In addition to daily spending, you may also earn rewards by using the Octopus Automatic Add-value Service and paying utilities, tax, tuition and insurance bills with your credit card and redeem reward points, cash back and air miles.

How long does it take to process my credit card application?

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 has 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.

Can I apply for a credit card if I am self-employed or unemployed?

The requirements to get different credit cards may vary and some may even have a minimum income requirement. Of course, applicants with a proper job or have income proof are more likely to be successful with their application, but it does not mean that a self-employed or unemployed person will not able to apply for a credit card.

What are the fees and charges applicable on credit cards?

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. Furthermore, many banks charge an early termination fee of more than HK$100; other common fees and charges include replacement fee, late charge, over-limit fee, cash advance fee and foreign transaction 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.

How does a bank determine my credit limit?

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.

How to pay my credit card bills?

There are many ways to pay credit card bills, the easiest way is to apply for the bank?s autopay service, which will automatically deduct the monthly payment from the bank account on the due date, so that you won't overlook the payment. Other methods that cardholders can choose to pay the bills include PPS, ATM, e-banking, cheque or convenience stores.

Can I make only the minimum payment on my credit card?

Making only the minimum payment is not the best way to pay the bills! If you just make the minimum payment on the credit card, the bank would charge you compound interest, which means you might owe more and more money and carry long-term debt. Cardholders are recommended to assess their repayment ability before using their credit cards, and pay off all outstanding debt as soon as possible.

How many credit cards should I own?

In the past, most people think we should not own too many credit cards, as it might lead to over-consumption or missing payment. With the development of modern society and more credit card offers, many of us own several credit cards for various purposes, such as one for overseas spending, one for earning Asia Miles, and the other one for monthly instalments.

Please note that if you always pay your credit card bill after the due date while owning many credit cards, your credit score could drop, which is likely to affect your credit card, mortgage and loan application.

How to prevent credit card fraud?

To protect yourself from credit card fraud, you should keep your credit card and personal information (including credit card numbers and security code) safe and never disclose your passwords or personal information to anyone. You should also keep record of all credit card transactions and check bank statements regularly. Report any suspicious transactions to your financial institution or bank immediately to avoid financial loss.

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