HSBC Red Credit Card

HSBC Red Credit Card

The HSBC Red Credit Card comes with a permanent annual fee waiver. It offers 4% rebate on online purchases, and up to 4% rebate at designated merchant, along with a welcome offer. The high limit on rebate for online purchases makes it popular for using this card on platforms like Taobao, HKTVmall, or purchasing iPhones. Additionally, using PayMe for top-ups provides a 0.4% rebate. The reward cashback can be redeemed for miles, cashback, or gifts.
Highlights
Benefits
Quick Facts
More Info
Guides
Eligibility
Fees
Others
layers

HSBC Red Credit Card Highlights

Annual Fee
Perpetual annual fee waiver
Online spending
4  %
info
Designated merchants
Up to 8  %
Offer Available
New credit card customers $200 RewardCash and lifetime annual fee waiver
HSBC Red Credit Card - Welcome Offer
New credit card customers $200 RewardCash and lifetime annual fee waiver

Welcome Offer

  • New credit card customers who successfully apply for a Cash Instalment Plan can enjoy up to $200 RewardCash
  • A lifetime annual fee waiver
  • Terms and conditions apply.

Things to consider

check

Online shopping rebate

check

Overseas rebate

check

Annual fee waiver

check

Cinema ticketing

sentiment_satisfied

HSBC Red Credit Card Benefits

Cashback

credit_card
Cashback Base Rate
0.4  %
info
location_on
Designated merchants
Up to 8  %
flight
Cashback Overseas
1  %
info
restaurant
Cashback Dining
1  %
info
shopping_bag
Online spending
4  %
info
shopping_bag
Online Shopping
Up to 4  %
info
Cashback Octopus Top Up Spending
0.4  %
info

Airmiles

credit_card
Airmiles Base Rate
$ 10  per mile
location_on
Airmiles Local
$ 10  per mile
flight
Airmiles Overseas
$ 10  per mile
restaurant
Airmiles Dining
$ 10  per mile
shopping_bag
Airmiles Local Online Shopping
$ 2.5  per mile
info
shopping_bag
Airmiles Overseas Online Shopping
$ 2.5  per mile
info
shopping_cart
Airmiles Supermarket
$ 5  per mile
luggage
Airmiles Travel
$ 2.5  per mile
info
Airmiles Octopus Top Up Spending
$ 25  per mile
manage_search

HSBC Red Credit Card More Info

RewardCash rebates across the board, no minimum spending requirement, and no registration needed

  • Online transactions: up to 4% RewardCash rebate (capped at HK$10,000 per month) (equivalent to HK$2.5 per air mile); 0.4% rebate for remaining spending
  • Designated merchants spending: 8% RewardCash rebate ((capped at HK$1,250 per month); 0.4% rebate for remaining spending)
    • Food and beverage: Sushiro Hong Kong, TamJai SamGor Mixian, TamJai Yunnan Mixian and The Coffee Academïcs
    • Fashion and sports: - GU, Decathlon Hong Kong and lululemon
    • Entertainment: NAMCO and TAITO STATION
    • Terms and Conditions apply
  • Octopus Automatic Add-Value Service and online bill payments transactions: 0.4% RewardCash rebate (equivalent to HK$25 per air mile)
  • Terms and Conditions apply

Perpetual annual fee waiver

McDonald’s: Enjoy a maximum of an extra $30 RewardCash each month via HSBC Reward+ Stamp Cards

Now, you can pay credit card bills of other banks with your HSBC credit card – simplify your credit card repayment by consolidating all payments to your HSBC credit card. You can settle your outstanding balances conveniently in just a few taps, with a 1% bill payment handling fee (minimum HKD120).

 

To borrow or not to borrow? Borrow only if you can repay!

rule_folder

HSBC Red Credit Card Eligibility

Eligibility

Minimum Age
18  years old
Min. Annual Income
HK$ 120,000
local_atm

HSBC Red Credit Card Fees / Repayment

Fees

Annual Fee Waiver
Perpetual annual fee waiver
Annual Fee
Perpetual annual fee waiver
Foreign Currency Transaction Fee
1.95  %

Repayment

Minimum Payment
All interest and fees and charges including Annual Membership Fee(s) that may be charged, plus 1% of outstanding principal, plus any overlimit anount (if any) (the minimum amount of Minimum Payment is HK$50).
Late Payment Charge
Minimum Payment Due or HK$230, whichever is lower.
Retail Purchase APR
35.42  %
Cash Advance APR
35.42  %
Interest Free Period
56  days
grid_view

HSBC Red Credit Card Others Info

Association

Mastercard

Tags

HSBC Red Credit Card HSBC Red Credit Card

Disclaimer: MoneyHero makes every effort to keep information on our website accurate and up-to-date. This information may be different from what you see when you visit a financial institution or service provider’s site. APR and monthly payments shown in personal instalment loan comparison pages are estimated based on calculation of information you enter. All financial products and services are presented without warranty. When evaluating offers, please review the financial institution’s Terms and Conditions. If you find discrepancies in information, please contact the financial institution directly.

 

© 2013 - 2025 MoneyHero Global Limited (registered in Hong Kong under company number 1864714) (“MHGL”). All rights reserved. MoneyHero Insurance Brokers Limited (registered in Hong Kong under company number 2196683) (“MHIBL”) is a wholly owned subsidiary of MHGL. MHIBL is an authorized insurance broker with Insurance Authority License Number FB1740 whose business it is to arrange insurance products and services for its clients. MHGL is not an insurance company, agent or broker. Other than the provision of marketing services to virtual insurance companies that do not work with insurance intermediaries, MHGL does not carry on an insurance business and all insurance-related activities displayed, offered or referred to on this site are carried out solely by MHIBL in its capacity as an insurance broker. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy.