HSBC Red Credit Card
Last Updated: Nov 2022
Local Spending - Cashback Rate
on online shopping spending
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
Overseas Spending - Cashback Rate
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
Enjoy up to 4% RewardCash rebates for online spending; 2% RewardCash rebates for local supermarket transaction; 1% RewardCash rebates for other local and overseas spending
Perpetual annual fee waiver
Annual Fee Waiver
Octopus Reload Rebate
Utilities Wallet Rebate
Great for
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RewardCash rebates across the board, no minimum spending requirement, and no registration needed
- Online transactions: up to 4% RewardCash rebate (equivalent to HK$2.5 per air mile)
- Local supermarket transactions: 2% RewardCash rebate (equivalent to HK$5 per air mile)
- Other local and overseas transactions: 1% RewardCash rebate (equivalent to HK$10 per air mile)
- Octopus Automatic Add-Value Service and online bill payments transactions: 0.4% RewardCash rebate (equivalent to HK$25 per air mile)
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Perpetual annual fee waiver
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Exclusive handling fee offer for Spending Instalment as low as HK$50
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YATA: Enjoy a maximum of an extra $60 RewardCash in each phase via HSBC Reward+ Stamp Cards
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McDonald’s: Enjoy a maximum of an extra $40 RewardCash each month via HSBC Reward+ Stamp Cards
Need to know
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Make eligible transactions with single net spending amount of HK$200 or above at YATA 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.
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Make eligible transactions with single net spending amount of HK$25 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.
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To borrow or not to borrow? Borrow only if you can repay!
Benefits
Year-round rewards
Local Spending
4%
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
$5/mile
Overseas Spending
1%
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
$10/mile
Supermarket Spending
2%
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
$5/mile
Online Shopping Spending (Local)
4%
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
$2.5/mile
Online Shopping Spending (Overseas)
4%
For online shopping spending: 4% RewardCash; for local supermarket spending: 2% RewardCash; for other local and overseas spending: 1% RewardCash
$2.5/mile
Octopus Top Up Spending
0.4%
$25/mile
Eligibility
Eligibility
Min. Annual Income
HK$120,000
APR/Fees
Fees
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
36.43%
Other information
Credit card type
Mastercard
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