HSBC Red Credit Card

HSBC Red Credit Card

The HSBC Red Credit Card comes with a permanent annual fee waiver. It offers 4% cashback on online purchases, 2% cashback at supermarkets, and an unlimited 1% cashback on other spending, along with a welcome offer. The high limit on cashback 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% cashback. The reward cashback can be redeemed for miles, cashback, or gifts.
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HSBC Red Credit Card Highlights

Annual Fee
Perpetual annual fee waiver
Cashback Overseas
1  %
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Cashback Supermarket
2  %
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Cashback Local Online Shopping
4  %
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6 Offers Available
up to $1,000 RewardCash rebate
HSBC Welcome Offer
up to $1,000 RewardCash rebate

Welcome offer up to $1,000 RewardCash rebate

  • New Credit Card Customers can enjoy $800 RewardCash rebate
  • Existing Credit Card Customers can enjoy $200 RewardCash rebate
  • New Credit Card Customers who successfully apply for a Cash Instalment Plan can also get an extra $200 RewardCash!
4% RewardCash rebate for PayMe top-up
HSBC PayMe top-up offer
4% RewardCash rebate for PayMe top-up

Enjoy 4% RewardCash rebate for PayMe top-up

  • Enjoy an extra 3.6% RewardCash rebate when top up your PayMe wallet with the newly approved Red Card during the two subsequent calendar months after the month of card issuance. Together with the basic 0.4% RewardCash rebate, that's 4% RewardCash rebate in total!
  • Enjoy handling fee waiver when using your HSBC Credit Card for PayMe top-up!
Up to HK$9.2 discount per litre of gasoline at Caltex
HSBC Spending Offer
Up to HK$9.2 discount per litre of gasoline at Caltex

During the promotion period, spend with your HSBC credit card at Caltex Station on Friday, Saturday, or Sunday to enjoy up to a total of HK$9.2 discount per litre of gasoline. Here are the details of the offer:

  • Get HK$7.01 off every litre when purchasing the Caltex with Techron® gasoline
  • A free upgrade from Gold with Techron® gasoline to Platinum with Techron® gasoline (an HK$1.19 upgrade per litre)
  • Earn Caltex Rewards Points of 1 point per litre on Platinum gasoline, equivalent to HK$1 gasoline spending at pump price
  • Enjoy a 3X RewardCash rebate through the year
  • Promotion period: July 1, 2024 to September 30, 2024
Up to $1,420 Point Dollar
HSBC spending offer
Up to $1,420 Point Dollar

During the promotion period, by spending with your HSBC Credit Card at designated SHKP malls, you can enjoy the following offers:

  • Offer 1: Accumulated same-day spending of HK$2,500 or above: Enjoy $60 Point Dollars
  • Offer 2: Accumulated same-day spending of HK$6,500 or above: Enjoy $200 Point Dollars
  • Offer 3: Instantly convert $200 "RewardCash" to The Point rewards points, and enjoy an additional $40 Point Dollars
  • Throughout the entire promotion period, you can enjoy a total of up to $1,420 Point Dollars
  • For offer details, please refer to the HSBC Red Hot Offer website
  • Promotion period: July 1, 2024 to September 22, 2024
Up to RMB 90 cash rebate on Meituan and Dianping
HSBC Red Card Offer
Up to RMB 90 cash rebate on Meituan and Dianping

During the promotion period, by spending with your HSBC Red Card at Meituan and Dianping, you can enjoy up to RMB 90 cash rebate:

  • Offer 1: Single net spending of RMB 20 to RMB 39.99: RMB 10 cash rebate
  • Offer 2: Single net spending of RMB 40 or above: RMB 20 cash rebate
  • Promotion period: July 1, 2024 to September 30, 2024
  • During the promotion period, you can enjoy a maximum of RMB 30 cash rebate per month, which means a maximum of RMB 90 cash rebate for the entire promotion period.
Enjoy exclusive offers of up to 30% off at designated hotel restaurants
HSBC Red Hot Dining Special - Hotel Dining
Enjoy exclusive offers of up to 30% off at designated hotel restaurants

From 1 June to 30 September 2024, simply spend with your HSBC credit card at over 75 designated hotel restaurants to enjoy exclusive offers of up to 30% off.

What's more, you can earn $3 RewardCash by making a table booking request via HSBC Reward+. Click here to find out more about HSBC Reward+ table booking offer.

Please refer to the Terms and Conditions for details

Things to consider

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Online shopping rebate

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Overseas rebate

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Annual fee waiver

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Cinema ticketing

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HSBC Red Credit Card Benefits

Cashback

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Cashback Base Rate
0.04  %
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Cashback Local
1  %
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Cashback Overseas
1  %
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luggage
Cashback Travel
4  %
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restaurant
Cashback Dining
1  %
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Cashback Supermarket
2  %
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Cashback Local Online Shopping
4  %
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Cashback Overseas Online Shopping
4  %
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Cashback Octopus Top Up Spending
0.4  %
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Airmiles

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Airmiles Base Rate
$ 10  per mile
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Airmiles Local
$ 10  per mile
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Airmiles Overseas
$ 10  per mile
restaurant
Airmiles Dining
$ 10  per mile
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Airmiles Local Online Shopping
$ 2.5  per mile
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Airmiles Overseas Online Shopping
$ 2.5  per mile
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Airmiles Supermarket
$ 5  per mile
luggage
Airmiles Travel
$ 2.5  per mile
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Airmiles Octopus Top Up Spending
$ 25  per mile
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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); 1% rebate for remaining spending
  • Local supermarket transactions: 2% RewardCash rebate (equivalent to HK$5 per air mile)
  • Other local and overseas transactions: 1% RewardCash rebate (equivalent to HK$10 per air mile)
  • 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

Exclusive handling fee offer for Spending Instalment as low as HK$50

TamJai Yunnan Mixian and TamJai SamGor Mixian: Enjoy a maximum of an extra $35 RewardCash each month via HSBC Reward+ Stamp Cards

McDonald’s: Enjoy a maximum of an extra $40 RewardCash each month via HSBC Reward+ Stamp Cards

MCL Cinemas: Enjoy a maximum of an extra $90 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).

Other things to note

  • Make eligible transactions with single net spending amount of HK$60 or above at TamJai Yunnan Mixian or TamJai SamGor Mixian to earn and collect one stamp via HSBC Reward+ stamp card function. You can earn a maximum of one stamp per day and you are entitled to earn a maximun of 8 stamps in each phase.
  • Make eligible transactions with single net spending amount of HK$30 or above at McDonald’s to earn and collect one stamp via HSBC Reward+ stamp card function. You can earn a maximum of one stamp per day and you are entitled to earn a maximum of 8 stamps each month.
  • Make eligible transactions with single net spending amount of HK$50 or above at MCL Cinemas to earn and collect one stamp via HSBC Reward+ stamp card function. You can earn a maximum of one stamp per day and you are entitled to earn a maximum of 9 stamps in each phase.
  • To borrow or not to borrow? Borrow only if you can repay!
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HSBC Red Credit Card Eligibility

Eligibility

Minimum Age
18  years old
Min. Annual Income
HK$ 120,000
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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
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HSBC Red Credit Card Others Info

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