Bank of China Cashback Card

The Bank of China Cashback Card delivers a compelling 1.5% cashback on all purchases—50% higher than the Standard Chartered Unlimited Card's 1% rate—making it a top choice for high-volume spenders in Hong Kong. Though it carries a HK$300 annual fee, this is fully waivable upon request, eliminating a common cost barrier. Its broad UnionPay network acceptance provides superior utility at 80% more merchants compared to cards like Citibank, ensuring consistent earnings across diverse retailers. Unlike tiered cards, it offers straightforward cashback without restrictive categories, making it ideal for moderate spenders above HK$200,000 annually who value widespread acceptance and a premium flat rate.