HSBC Red Credit Card

HSBC Red Credit Card

The HSBC Red Credit Card comes with a permanent annual fee waiver. It offers 4% cashback on online purchases, 2% cashback at supermarkets, and an unlimited 1% cashback on other spending, along with a welcome offer. The high limit on cashback 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% cashback. The reward cashback can be redeemed for miles, cashback, or gifts.
Highlights
Benefits
Quick Facts
More Info
Guides
Eligibility
Fees
Others
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HSBC Red Credit Card Highlights

Annual Fee
Perpetual annual fee waiver
Online spending
4  %
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Designated spending categories
1  %
3 Offers Available
HK$300 Apple Store Gift Card
MoneyHero Exclusive Offer
HK$300 Apple Store Gift Card

+ 1 other gift options

  • New and Existing HSBC Credit Card Customers get rewarded with HK$300 Apple Store Gift Card OR Wellcome Shopping Voucher by fulfilling the following requirements:
    • From 11 November 2024 12 p.m. to 30 November 2024 11:59 p.m.: New and Existing HSBC Credit Card Customers who successfully apply for HSBC Red Credit Card for Students via MoneyHero
    • Within 7 days of receiving the form: 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).
    • On or before 31 December 2024: The card must be successfully approved, subject to the Bank’s system records.
    • Within 7 days of receiving approval: Submit (1) the name of the Designated Card applied for, (2) their application date, and (3) screen capture of the approval SMS or Email notification to support@moneyhero.com.hk, which will be used by MoneyHero to verify reward eligibility.
  • Tips:
    • Please submit the reward redemption form sent via email previously within 7 days of receiving the form.
    • 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.
To borrow or not to borrow? Borrow only if you can repay! This information and offers are intended for persons in HK.
KOIZUMIKOIZUMI Ion Balance Hair Dryer KHD-9910 （Valued HKD$600）
HSBC Credit Card x YOHO Welcome Offer
KOIZUMIKOIZUMI Ion Balance Hair Dryer KHD-9910 （Valued HKD$600）

+ 1 other gift options

  • Promotion Period: November 1 2024 12 a.m. to December 31 2024 11:59 p.m.

  • Eligible Online Application Channels:

    • HSBC Website
    • HSBC Personal Internet Banking
    • HSBC HK Mobile Banking App
  • *Welcome Reward Offer
    Option 1Option 2
    New/Existing Credit Card CustomersKoizumi Ionic Hair Dryer KHD-9910 (valued at HKD 600)Koizumi Ionic Hair Straightener (International Voltage) KHS-8710 (valued at HKD 600)
  • Tips: You must download the HSBC Reward+ app to view redemption details for the additional welcome reward. Check “My e-Coupons” under “Account” in HSBC Reward+, and follow the instructions to redeem the additional welcome reward at YOHO stores by September 30, 2025.
  • If you have any enquiry on the redemption flow of this offer, please refer to the relevant HSBCxYOHO Website
up to $700 RewardCash rebate
Red Hot Shopping Special - SOGO
up to $700 RewardCash rebate

Red Hot Shopping Special - SOGO
Enjoy up to $700 RewardCash rebate
From 23 October 2024 to 2 January 2025, accumulate eligible transactions of HK$3,000 or above with your HSBC credit card at SOGO, you can enjoy an extra 6% RewardCash rebate. You can earn up to an extra $700 RewardCash.

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
0.04  %
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Designated spending categories
1  %
flight
Cashback Overseas
1  %
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restaurant
Cashback Dining
1  %
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Online spending
4  %
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Cashback Overseas Online Shopping
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
location_on
Airmiles Local
$ 10  per mile
flight
Airmiles Overseas
$ 10  per mile
restaurant
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); 1% rebate for remaining spending
  • Designated spending categories: 1% RewardCash rebate
  • 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

Exclusive handling fee offer for Spending Instalment as low as HK$50

TamJai Yunnan Mixian and TamJai SamGor Mixian: Enjoy a maximum of an extra $35 RewardCash each month via HSBC Reward+ Stamp Cards

McDonald’s: Enjoy a maximum of an extra $40 RewardCash each month via HSBC Reward+ Stamp Cards

MCL Cinemas: Enjoy a maximum of an extra $90 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).

Other things to note

  • Make eligible transactions with single net spending amount of HK$60 or above at TamJai Yunnan Mixian or TamJai SamGor Mixian 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 maximun of 8 stamps in each phase.
  • Make eligible transactions with single net spending amount of HK$30 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.
  • Make eligible transactions with single net spending amount of HK$50 or above at MCL Cinemas 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.
  • 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

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