HSBC Pulse UnionPay Dual Currency Diamond Credit Card
Last Updated: Apr 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

  • 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$8,000 or above
  • Spending requirements Welcome offer
    Spend HK$/RMB8,000 or above within the first 60 calendar days from card issuance New Customers
    $800 RewardCash    		 Existing Customers
    $300 RewardCash
    Make 5 or more Eligible transactions through QR Code Payment with HSBC Reward+ or UnionPay App with the Card Extra $100 Reward Cash
  • 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 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!

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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