Great for

• 
  Welcome offer

  • Get a Welcome Gift of $800 RewardCash (for New Credit Card Customers) or $300 RewardCash (for Existing Credit Card Customers) when you use the card to make eligible transactions of HK$8,000 or above
• 

  Spending requirements	Welcome offer
  Spend HK$8,000 or above within the first 60 calendar days from card issuance	New Customers $800 RewardCash	Existing Customers $300 RewardCash

• 
  Year-round spending rewards totalling up to 2.4% RewardCash rebate (equivalent to HK$4.17 per air mile)

  • Enjoy up to 2.4% (basic 0.4% + an extra 2%) RewardCash rebate by registering for "Red Hot Rewards of Your Choice" programme and allocating extra RewardCash to your preferred spending categories (Promotional Period till 31 December 2022), i.e. earning up to $6 RewardCash for every HK$250 spent
• 
  Enjoy up to 4.4% RewardCash rebates on online spending (equivalent to HK$2.3 per air mile)

  • Enjoy an extra 2% RewardCash rebates by registering for “Red Hot Online Spending Rewards” programme, totaling up to 4.4% RewardCash rebates with the above reward programmes, i.e. up to $11 RewardCash for every HK$250 spent online
• 
  Enjoy flexible payment in Hong Kong dollars and Renminbi without worrying about exchange rate fluctuations
• 
  Display the QR code or scan the merchant‘s QR code with HSBC Reward+ to complete transaction at designated merchants that accept UnionPay QR code without having to present the physical card
• 
  First 2 years annual fee waiver

Need to know

• 
  The Welcome Offer Promotional Period starts from 1 March 2022 to 31 July 2022
• 
  The Welcome Offer is not applicable to applicants who have cancelled any personal primary credit card HSBC issued on or after 1 September 2021
• 
  In calculating the Eligible Transactions, the conversion rate of HK$ and RMB will be 1:1
• 
  To borrow or not to borrow? Borrow only if you can repay!