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.
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HSBC Red Credit Card Highlights

Annual Fee
Perpetual annual fee waiver
Online spending
4  %
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Designated merchants
Up to 8  %
3 Offers Available
ESCURA Instant Snap Digital Camera (value of HK$399)
MoneyHero Exclusive Welcome Gift
ESCURA Instant Snap Digital Camera (value of HK$399)

+ 2 other gift options

New HSBC Credit Card Customers will be entitled to -  ESCURA Instant Snap Digital Camera (value of HK$399) / Stanley 30oz The Quencher H2.0 Flowstate™ Tumbler (value of HK$315) / KODAK CHARMERA Keychain Digital Camera Blind Box Single Box (value of HK$235)exclusively from MoneyHero upon fulfilling the below requirements:  

  • From 1 April 2026 12 p.m. till 20 April 2026 6 p.m. or the date that the application quota is full (whichever is earlier): Only applicable to new HSBC Credit Card Customers who successfully apply for Designated HSBC Credit Cards (including HSBC Visa Signature Card / HSBC Pulse UnionPay Dual Currency Diamond Credit Card / HSBC EveryMile Credit Card / HSBC Red Credit Card / HSBC easy Credit Card / HSBC Visa Gold Card / HSBC Visa Gold Card for Students / HSBC UnionPay Dual Currency Card) via MoneyHero. 
  • Within 7 days of receiving the form: Submit the reward redemption form sent via email previously.
  • On or before 31 May 2026: The card must be approved by the Bank (subject to the Bank’s system record)
  • Offer on a first-come, first-served basis

How to redeem Moneyhero Exclusive Offer?

  • Note down your application reference number for reference. You will be asked to upload all required documents when you apply the card to facilitate the approval process.
  • Tips:
    • Within 7 days after the credit card is successfully approved: Submit the reward redemption form sent via email previously. Please fill in the form with accurate Reference Number. Application Reference Number - 12-digit number (for example 202430875089) and upload the relevant approval proof for verification of the applicant's reward eligibility.
    • Please turn off AdBlocker and private mode before application: 3 settings to ensure coupon reward eligibility
    • You are advised to upload all required documents when you apply for the card to facilitate the approval process. Don't forget to note down your application reference number. It can be used for checking your application status and claiming MoneyHero exclusive offer.
    • MoneyHero Limited-Time Exclusive Offer is provided by MoneyHero, The Hongkong and Shanghai Banking Corporation Limited has no relation with its redemption, usage and dispute.
    • Terms and Conditions Apply.
    • The redemption process may take at least 8 weeks upon campaign period ends, depending on the actual situation regarding user approval or other factors that may affect eligibility for the Promotion Reward.

* "New Credit Card Customers" refer to customers without any approved personal primary credit card issued by The Hongkong and Shanghai Banking Corporation Limited in Hong Kong (and its successors and assigns) when processing the application for an Eligible Credit Card.

 

To borrow or not to borrow? Borrow only if you can repay! This information and offers are intended for persons in HK.

New credit card customers successful application for the Cash Instalment Plan can enjoy a $200 RewardCash
HSBC Credit Card - Welcome Offer
New credit card customers successful application for the Cash Instalment Plan can enjoy a $200 RewardCash

Welcome Offer

  • New credit card customers who successfully apply for a Cash Instalment Plan can enjoy up to $200 RewardCash
  • Terms and conditions apply.
New credit card customers can receive $300 RewardCash
HSBC Red Credit Card Welcome Offer
New credit card customers can receive $300 RewardCash

New Credit Card Customers applying for HSBC Red Credit Card via HSBC website, HSBC Personal Internet Banking or HSBC App and make eligible transaction of HKD/RMB 5,800 or above within the first 60 calendar days after card issuance:

  • $300 RewardCash

 Terms and conditions apply.

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 merchants
Up to 8  %
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Cashback Overseas
1  %
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Cashback Dining
1  %
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Online spending
4  %
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Online Shopping
Up to 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 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 
    • Fashion and sports: - GU, Decathlon Hong Kong
    • 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!

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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

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.

 

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