HSBC Pulse UnionPay Dual Currency Diamond Credit Card
Last Updated: Sept 2022
$
150,000
Min. Annual Income
2.4
%
Local Spending - Cashback Rate
on local retail spending with "Red Hot Rewards of Your Choice" registration
Basic Reward (1X) + Red Hot Rewards of Your Choice (5X) = Up to 6X rebate or 2.4% cash rebate (Basic Reward: 0.4% cash rebate)
4.4
%
Overseas Spending - Cashback Rate
on overseas spending with "Red Hot Online & Overseas Spending Rewards" registration
Basic Reward (1X) + Red Hot Rewards of Your Choice (5X) + Red Hot Online and Overseas Spending Rewards (5X) = Up to 11X rebate or 4.4% cash reabte (Basic Rewards: 0.4% cash rebate)
BENEFITS
ELIGIBILITY
APR/FEES
Up to 4.4% RewardCash rebate for spending in Mainland China and Macau (equivalent to HK$2.3 per air mile)
First 2 years annual fee waiver
Annual Fee Waiver
Utilities Wallet Rebate
Airport Lounge
Octopus Reload Rebate

Great for

  • MoneyHero Exclusive Offer
    • From 15 to 30 September 2022, successfully apply a designated credit card through online channel and register with MoneyHero exclusive promo code “MH001” at designated website to get an extra $400 RewardCash (New Credit Card Customers) / $200 RewardCash (Existing Credit Card Customers) upon accumulating eligible transactions of HK$8,000 or above within 60 days of card issuance.
    • 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 within 60 days of card issuance
    • From 1 August to 31 October 2022, enjoy extra $100 RewardCash upon successful application and making any mobile payment transaction
    • 2022 Red Hot Spending Rewards on Dining: From 6 September to 15 November 2022, accumulate local spending of HK$10,000 or above to receive an extra 3% rebate, up to an extra $400 RewardCash; add your card to Apple Pay for the first time and make one dining transaction of HK$300 or above via Apple Pay to earn extra $50 RewardCash.
  • 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
    Apply online and register with MoneyHero exclusive promo code “MH001” New Customers
    $400 RewardCash    		 Existing Customers
    $200 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 extra 2% RewardCash rebates on spending in China and Macau, totaling up to 4.4% RewardCash rebates with “Red Hot Rewards of Your Choice”
  • Buy 1 get 1 free at EPURE, La Rambla by Catalunya, ZUMA Hong Kong
  • 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 August 2022 to 28 February 2023
  • The Welcome Offer is not applicable to applicants who have cancelled any personal primary credit card HSBC issued on or after 1 February 2022
  • 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!

Year-round rewards

Local Spending
2.4%
Basic Reward (1X) + Red Hot Rewards of Your Choice (5X) = Up to 6X rebate or 2.4% cash rebate (Basic Reward: 0.4% cash rebate)
Overseas Spending
4.4%
Basic Reward (1X) + Red Hot Rewards of Your Choice (5X) + Red Hot Online and Overseas Spending Rewards (5X) = Up to 11X rebate or 4.4% cash reabte (Basic Rewards: 0.4% cash rebate)
Online Shopping Spending (Overseas)
4.4%
Basic Reward (1X) + Red Hot Rewards of Your Choice (5X) + Red Hot Online and Overseas Spending Rewards (5X) = Up to 11X rebate or 4.4% cash reabte (Basic Rewards: 0.4% cash rebate)
Dining Spending
2.4%
Basic Reward (1X) + Red Hot Rewards of Your Choice (5X) = Up to 6X rebate or 2.4% cash rebate (Basic Reward: 0.4% cash rebate)

Year-round benefits

OFFER 1
Up to three visits to participating airport lounges

Spend HK$/MOP 12,000 within two consecutive natural months

Eligibility

Minimum Age
18 years old
Min. Annual Income
HK$ 150,000

Fees

Annual fee
HK$ 1,800
Foreign Currency Transaction Fee
1.0%

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 amount (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
36.43%
Cash Advance APR
37.75%
Interest Free Repayment Period
56 days

Other information

Credit card type
UnionPay Diamond

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