Hang Seng Platinum Mastercard

Last Updated: Oct 2022
$
150,000

Min. Annual Income

0.4
%

Local Spending - Cashback Rate

on local retail spending
(Non-direct Cashback) For local spending: 0.4% cashback
0.4
%

Overseas Spending - Cashback Rate

on overseas spending
(Non-direct Cashback) For overseas spending: 0.4% cashback
OFFERS
BENEFITS
ELIGIBILITY
APR/FEES

Welcome Offers from Hang Seng Bank

OFFER 1
Up to $700 Cash Dollars
Accumulate transaction amount of $5,000 within 60 days from the date of new card issuance:
  • New credit card customer: $700 Cash Dollars Welcome offer
  • Existing credit card customer: $300 Cash Dollars Welcome offer
Perpetual Annual Fee Waiver
Annual Fee Waiver
Octopus Reload Rebate
MoneyHero Exclusive Offer

Great for

  • Welcome Offer
    From now till 31 December 2022, customers who successfully apply for Hang Seng Platinum Mastercard and fulfill the spending requirement of HK$5,000 or above within first 60 days from the date of card issuance enjoy up to $700 Cash Dollars:
    Requirements Offer
    Accumulate spending of HK$5,000 or above within first 60 days from the date of card issuance New Customers
    $700 Cash Dollars    		 Existing Customers
    $300 Cash Dollars

  • Apple Shopping Reward

    • From 9 September to 31 October 2022, upon successful registration, you will enjoy below extra rewards up to HK$1,000 Cash Dollars / 200,000 yuu Points (enJoy Card) with the designated spending on any Apple products including iPhone, iPad, Apple Watch, MacBook and other peripherals with your Hang Seng Visa and Mastercard Principal Card at Hong Kong Apple Store Online or Apple Retail Stores in Hong Kong:
    Eligible Spending Extra rewards
    Single net spending of HK$5,000 or above

    5% Cash Dollars OR 10x Yuu Points (enJoy Card)
    Hang Seng Visa Credit Card Exclusive Reward:
    Accumulated eligible spending of HK$30,000 or above for the whole period

    HK$500 Cash Dollars OR 100,000 Yuu Points (enJoy Card)
  • Accumulated Cash Dollars can redeem cash coupon or be used as instant cash at designated stores.
  • Enjoy year round discount offers up to 70% off at designated hotels, restaurants, luxury stores and leisure destinations.
  • Perpetual Annual Fee Waiver
  • MoneyHero exclusive offer is applicable to both new and existing Hang Seng credit card customers.

Need to know

  • If a customer who has received the welcome offers cancels the relevant credit card account within 13 months from the date of account opening, a handling fee of an equivalent amount will be charged.
  • Cash Dollars accumulated from the last Credit Card annual renewal month to the next annual renewal month will be valid up to 15 months.
    • For example, if the renewal month is October, Cash Dollars that are accumulated between October 2021 to September 2022 will be valid till January 2023.

Year-round rewards

CASH REBATE
Local Spending
0.4%
(Non-direct Cashback) For local spending: 0.4% cashback
Overseas Spending
0.4%
(Non-direct Cashback) For overseas spending: 0.4% cashback
Online Shopping Spending (Overseas)
0.4%
Online Shopping Spending (Local)
0.4%
Dining Spending
0.4%
Octopus Top Up Spending
0.4%

Eligibility

Minimum Age
18 years old
Min. Annual Income
HK$150,000

Fees

Annual fee
HK$1,500
Foreign Currency Transaction Fee
1.95%

Repayment

Minimum Payment
The Minimum Payment Amount is HK$300 or the sum of item (i) to (iv) below (whichever is higher): (i) all fees and charges (including finance charges and annual fees); (ii) any overdue Minimum Payment Amount; (iii) amount exceeding the prescribed credit limit after deducting the amount of items (i) and (ii) from the New Balance; and (iv) 1% of the New Balance after deducting the amount of item (i) to (iii).
Late payment charge
HK$300 or an amount equal to the Minimum Payment Amount (whichever is lower)
Retail Purchase APR
34.97%
Cash Advance APR
38.37%
Interest Free Repayment Period
56 days

Other information

Credit card type
Mastercard

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