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, 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.
Highlights
Benefits
Quick Facts
More Info
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Eligibility
Fees
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HSBC Red Credit Card Highlights

Annual Fee
Perpetual annual fee waiver
Online spending
4  %
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Designated spending categories
1  %
Offer Available
New credit card customers $500 RewardCash and lifetime annual fee waiver
HSBC Red Credit Card - Welcome Offer
New credit card customers $500 RewardCash and lifetime annual fee waiver

+ 2 other gift options

Welcome Offer

  • New credit card customers can enjoy up to $500 RewardCash and a lifetime annual fee waiver.
    • Limited-time offer: Earn up to $300 RewardCash, plus an extra $200 RewardCash upon successful application for the Cash Instalment Plan.

Spending Rewards

  • Up to 8% RewardCash at designated merchants – enjoy 8% RewardCash on the first HK$1,250 eligible spending, and unlimited 0.4% RewardCash thereafter. Designated merchants include:
    • Hong Kong Sushiro
    • TamJai SamGor Mixian
    • TamJai Yunnan Mixian
    • The Coffee Academïcs
    • GU
    • Decathlon Hong Kong
    • lululemon
    • NAMCO
    • TAITO STATION

  • Up to 4% RewardCash on online spending – enjoy 4% RewardCash on the first HK$10,000 online spending, and unlimited 0.4% RewardCash thereafter.

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
0.4  %
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Designated spending categories
1  %
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Cashback Overseas
1  %
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restaurant
Cashback Dining
1  %
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Online spending
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
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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
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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); 0.4% rebate for remaining spending
  • Designated spending categories: 8% RewardCash rebate
  • 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 $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$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

Association

Mastercard

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HSBC Red Credit Card HSBC Red Credit Card

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