Top 10 Best Cashback Credit Cards in Hong Kong 2026 | Top10Grid
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Top 10 Best Cashback Credit Cards in Hong Kong 2026
Tired of cashback that doesn't add up? In 2026, Hong Kong's top cards can unlock up to 6% back on groceries at Welcome and Fusion, 5% on dining, and bonus rewards for Octopus auto-reload—but only if you pick the right one. We dug into the fine print: category caps, utility exclusions, and spending patterns to find cards that truly payoff. Here are the 10 best cashback credit cards in Hong Kong for 2026, ranked by real earning potential.
Curated by the Top10Grid editorial team. Rankings driven by community votes and updated daily.
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1. Standard Chartered Unlimited Cashback Credit Card - Standard Chartered Bank (Hong Kong) — KEY METRICS: Cashback rate 1.5% on all local spending, 2% on foreign currency spending, no cap, no minimum spend requirement. Annual fee HK$0 (waived for life). Effective cashback on a typical HK$15,000 monthly spend (all local) is 1.5%, yielding HK$225 per month. Based on publicly available information as of May 2026. OVERVIEW: The Standard Chartered Unlimited Cashback Credit Card is the most straightforward and rewarding cashback card for most Hong Kong households. It delivers a flat, uncapped 1.5% on every HKD transaction, making it effortless to earn without tracking categories or worrying about caps. For those who value simplicity and a high base rate, this card consistently outranks more complex options. KEY BENEFITS: Pros: truly unlimited cashback with no cap; no minimum spend to earn rewards; cashback is automatically credited to your statement monthly, reducing the effective cost of purchases; the annual fee is permanently waived for principal cardholders; 2% on foreign currency spend makes it an excellent travel companion. ELIGIBILITY: The card is available to Hong Kong residents aged 18 or above with a minimum annual income of HK$120,000. Applicants need a valid HKID, proof of income (e.g., salary slips, bank statements), and proof of address. Self-employed individuals must submit additional business documents. DRAWBACKS: Cons: the 1.5% rate, while excellent, does not offer bonus categories for heavy spenders in specific areas like dining or groceries; no sign-up bonus or welcome miles option; some competitors may beat it if you can maximize capped category rates. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
2. OCBC 365 Credit Card - OCBC Wing Hang Bank — KEY METRICS: Cashback rate up to 3% on dining, groceries, and selected online food delivery; 1% on all other spending. Monthly cashback cap HK$600 across all categories. Minimum spend of HK$5,000 per statement month to qualify for the enhanced 3% rate; otherwise, base rate is 0.5%. Annual fee HK$800, waived for the first year and subsequently waived with annual spending of HK$60,000. For a typical HK$15,000 monthly spend with HK$4,500 on dining/groceries, effective cashback is approximately 1.67% (HK$250/month). Based on publicly available information as of May 2026. OVERVIEW: The OCBC 365 Card is a powerhouse for foodies and families who concentrate spending at restaurants, supermarkets, and food delivery platforms. The 3% tier is among the highest in the market, and the cap of HK$600 allows significant headroom—requiring HK$20,000 in category spend to max it out. Even with mixed spending, the effective rate often surpasses flat-rate cards if you consistently spend over HK$5,000 monthly. KEY BENEFITS: Pros: category-leading 3% on high-frequency categories; the HK$600 monthly cap is generous compared to many peers; no separate cap per category; cashback is automatically credited; complimentary travel insurance and shopping protection. ELIGIBILITY: Applicants must be Hong Kong residents aged 18+, with annual income of at least HK$150,000. Required documents include HKID, address proof, and recent income proofs (e.g., tax return, pay slips). Self-employed applicants need the latest business registration and bank statements. DRAWBACKS: Cons: the minimum spend of HK$5,000 must be met every single month—if you fall short, the rate drops to 0.5% for that entire statement; the annual fee is only waived with moderate annual spending; the 3% categories exclude major chains like some supermarket sub-brands; the 1% base rate is below standard flat-rate competitors. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
3. DBS Black World Mastercard - DBS Bank (Hong Kong) — KEY METRICS: Cashback rate 1.2% on all local spending, 2% on overseas spending, both with no cap. No minimum spend required. Annual fee HK$800, waived if annual spending reaches HK$100,000; otherwise partially waived for select customer segments. Effective cashback for a HK$15,000 all-local monthly spend is 1.2% (HK$180/month); if 20% of spend is overseas, effective rate rises to about 1.36%. Based on publicly available information as of May 2026. OVERVIEW: The DBS Black Visa is a well-rounded, premium-positioned cashback card that offers unlimited cashback with a slight uplift for international transactions. It sits comfortably between flat-rate 1% cards and the top-tier 1.5% option, but its value shines for frequent travelers or online shoppers dealing in foreign currencies, who can earn 2% without cap. KEY BENEFITS: Pros: no cap on cashback, making it ideal for high spenders; 2% on foreign currency transactions unlocks significant value for overseas spending and online purchases from non-HKD merchants; cashback is credited monthly and can be redeemed in increments as low as HK$10; includes complimentary travel insurance and priority lane at select airport lounges; the DBS PayLah! app integration adds convenience for managing rewards. ELIGIBILITY: Hong Kong residents 18+ with annual income of HK$150,000 or more. Standard documents: HKID, proof of address, latest 3 months’ salary slips or bank statements. Self-employed individuals need additional financial statements. DRAWBACKS: Cons: the local cashback rate of 1.2% is beaten by SC Unlimited; annual fee waiver requires a high spending threshold (HK$100,000), which many average households may not meet; the card’s design and reward structure are less dynamic than newer competitors; overseas spend must be in foreign currency to trigger the 2% rate; no elevated categories for dining or groceries. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
4. Citibank Cash Back Credit Card - Citibank (Hong Kong) — KEY METRICS: Cashback rate 2% on dining, 2% on overseas spending, and 1% on all other local spending. Monthly cashback cap of HK$500 per category. No minimum spend to earn cashback. Annual fee HK$800, waived for the first year and then waived with annual spending of HK$30,000. Effective cashback for a HK$15,000 monthly spend (HK$3,000 dining, HK$12,000 other local) is approximately 1.2% (HK$180/month). Based on publicly available information as of May 2026. OVERVIEW: The Citibank Cash Back Card is a strong all-rounder with double cashback on two high-spend categories: dining and overseas purchases. The 2% rate is competitive, and the HK$500 monthly cap per category means you can earn up to HK$1,000 in total cashback every month. It particularly suits households that eat out frequently and travel or buy from international websites. KEY BENEFITS: Pros: high 2% cashback on dining, a category that easily adds up; same 2% on overseas spend, making it a dual-purpose card; the HK$500 caps are relatively generous, allowing you to spend HK$25,000 in each 2% category before hitting the limit; cashback is automatically offset against your statement balance; the annual spending threshold for fee waiver is low at HK$30,000. ELIGIBILITY: Open to Hong Kong residents aged 18+ with minimum annual income of HK$120,000. Documentation required: HKID, residential address proof, and recent income proofs. Citigold or Citibanking clients may enjoy expedited approval. DRAWBACKS: Cons: the 1% base rate for non-dining local spend is lower than flat-rate leaders; caps can be restrictive for large families—hitting the dining cap after HK$25,000 spend per month is easy if you dine out extensively; the card does not offer uncapped rewards; overseas spend is defined by currency conversion, so HKD purchases from overseas merchants do not earn 2%; redemption of cashback is only monthly, and there is no lump-sum option. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
5. Bank of China (Hong Kong) Cashback Mastercard - BOCHK — KEY METRICS: Cashback rate 1.2% on all local and overseas spending, no cap, no minimum spend. Annual fee HK$800, waived for life for new customers who apply online and meet an initial spending promotion; otherwise waived with annual spending of HK$30,000. Effective cashback for a typical HK$15,000 monthly spend is a steady 1.2% (HK$180/month). Based on publicly available information as of May 2026. OVERVIEW: BOCHK’s Cashback Mastercard offers a reliable flat-rate 1.2% on everything, mirroring the DBS Black local rate but without the complexity of an overseas bonus. It’s a card for those who value simplicity and want a single rate that works everywhere, from wallet payments to online transactions. While not the highest flat rate, its ease of use and strong fee waiver conditions make it a practical choice for many HK households. KEY BENEFITS: Pros: uncapped 1.2% on all spending categories, local or foreign; no minimum spend thresholds; the annual fee is easily waived with modest spending or via online promotion; cashback is automatically redeemed monthly, reducing your balance; the card integrates smoothly with the BOC Pay app for bill payments and QR code spending, earning the same rate; it also offers access to BOC SmartWallet privilege programs. ELIGIBILITY: Applicants must be Hong Kong residents 18+ with annual income of HK$120,000. Standard documents: HKID, address proof, and latest income proofs. Existing BOCHK account holders may enjoy a faster application process. DRAWBACKS: Cons: the 1.2% rate falls short of the 1.5% offered by Standard Chartered Unlimited; there is no bonus category for any specific spend, so it feels less tailored for heavy spenders in particular areas; the card lacks travel perks like lounge access; some users report slower cashback posting compared to international banks. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
6. HSBC Pulse Card - The Hongkong and Shanghai Banking Corporation Limited — KEY METRICS: Cashback rate 2% on dining and entertainment, 1% on online shopping, and 0.4% on all other local spending. Monthly cashback cap of HK$200 per category. No minimum spend to earn cashback. Annual fee HK$0 for the first year, then HK$300 and waived with annual spending of HK$30,000. Effective cashback for a typical HK$15,000 spend (HK$3,000 dining, HK$2,000 online, HK$10,000 other) is approximately 0.83% (HK$124/month). Based on publicly available information as of May 2026. OVERVIEW: The HSBC Pulse Card targets younger, digitally-savvy users with enhanced rewards on dining and online purchases. Its 2% on dining is attractive, but the low cap of HK$200 per category severely limits upside for higher-income households. For average earners who keep monthly dining spend under HK$10,000 and online spend under HK$20,000, it can be a decent supplementary card rather than a primary cashback driver. KEY BENEFITS: Pros: 2% on dining/entertainment is a strong category rate; 1% on online shopping gives a slight bump for e-commerce; no minimum spend requirement ensures you always earn something; the card acts as an Octopus with automatic top-up, earning 0.4% on that spend; access to HSBC-driven discounts through the Pulse app. ELIGIBILITY: Open to Hong Kong residents 18+ with annual income of HK$80,000 or more. Required: HKID, proof of address, and income documents. Students may apply with a lower income threshold and parental guarantee. DRAWBACKS: Cons: the 0.4% base rate is among the lowest in the market, dragging down the effective rate for non-bonus spend; the HK$200 monthly cap per category means a 2% reward maxes out at just HK$10,000 dining spend, which a family could hit quickly; the effective cashback on a typical HK$15,000 mix is under 1%; the annual fee is not automatically waived permanently; cashback is credited as RewardCash, which requires manual redemption. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
7. Hang Seng WeLend+ Cashback Credit Card - Hang Seng Bank — KEY METRICS: Cashback rate 1% on all local and overseas spending, no cap, no minimum spend. Annual fee HK$0 permanently. Effective cashback for a HK$15,000 monthly spend is 1% (HK$150/month). Based on publicly available information as of May 2026. OVERVIEW: The Hang Seng WeLend+ Card is a co-branded product with WeLend, a Hong Kong fintech lending platform, offering a simple, no-strings-attached 1% cashback. It is designed for users who want a clean, fee-free card that delivers a flat reward without worrying about caps or category exclusions. While not the highest-rate card, the permanent annual fee waiver and effortless earning make it a solid everyday option for moderate spenders. KEY BENEFITS: Pros: truly zero annual fee forever, so it can be kept with zero cost; 1% unlimited cashback on all spend, both HKD and foreign currency, gives predictability; no minimum spend, so even small transactions earn; cashback is automatically redeemed each month as a statement credit; the card provides integration with the WeLend app for loan management and offers; it is widely accepted as a Mastercard. ELIGIBILITY: Hong Kong residents aged 18+ with annual income of HK$100,000. Required: HKID, proof of address, recent payslips or bank statements. Existing WeLend borrowers may receive pre-approval or promotional onboarding. DRAWBACKS: Cons: the 1% rate is modest compared to market leaders at 1.2% or 1.5%; there are no bonus categories to accelerate earning for high-spend areas; no travel insurance or premium card perks; the card’s tie-in with WeLend may not appeal to those who do not use peer-to-peer lending services; redemption value is fixed at 1 HKD = 1 Cash Dollar, so there is no upside through points conversion. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
8. AEON Cashback Credit Card - AEON Credit Service (Hong Kong) — KEY METRICS: Cashback rate 1% on all spending, with cashback earned as AEON Points, no cap, no minimum spend. Annual fee HK$300, waived for the first year and upon request for subsequent years if the card is actively used. For a HK$15,000 monthly spend, effective cashback is 1% (HK$150/month) but redemption relies on spending at AEON stores or converting points. Based on publicly available information as of May 2026. OVERVIEW: AEON’s cashback card is a humble, flat-rate performer that returns 1% on all transactions through AEON’s point system. While the 1% is standard, the card’s strength lies in the AEON ecosystem: points can be used for instant discounts at AEON supermarkets, Living Plaza, and Bento Express, making it a practical choice for families who regularly shop at AEON. It is not the highest earner, but its niche value and low barriers keep it in the conversation. KEY BENEFITS: Pros: 1% flat cashback with no cap; no minimum spend; points never expire as long as the card is active; instant point redemption at AEON stores provides immediate savings on groceries and household goods; the card is available even to those with modest incomes, as AEON often has more flexible credit assessment; periodic member-only discounts and birthday offers. ELIGIBILITY: Hong Kong residents 18+ with annual income of HK$60,000 or more. Documentation: HKID, proof of address, and income proof (or MPF statement plus latest bank statement). AEON accepts a broader range of income documents, making it accessible to gig workers. DRAWBACKS: Cons: the 1% reward is effectively store credit—you must spend within the AEON family to realize full value, which reduces flexibility; some competitors offer direct statement cashback instead of points; the annual fee, though waivable, is a friction point; no bonus categories mean it cannot compete with dining or grocery-specific cards; international acceptance may incur additional fees. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
9. UOB One Card - United Overseas Bank (Hong Kong) — KEY METRICS: Cashback rate up to 10% on selected categories (dining, groceries, fuel, online shopping) when monthly spending meets HK$5,000; otherwise, base rate is 0.5%. Bonus cashback cap: HK$100 per month. Additional 1% rebate on recurring bill payments. Annual fee HK$500, waived for the first year and waived subsequently with annual spending of HK$30,000. Effective cashback for a HK$15,000 spend, assuming max bonus and base on the rest, is approximately 0.83% (HK$125/month). Based on publicly available information as of May 2026. OVERVIEW: The UOB One Card is a high-effort, high-potential card that rewards those who can consistently hit spending tiers. The headline 10% is eye-catching, but the HK$100 monthly cap means you only get that rate on the first HK$1,000 of category spend. For disciplined users who can align their monthly budget with the card’s tiers, it can outperform simple flat-rate cards, but many will find the effective rate underwhelming on a typical diversified spend. KEY BENEFITS: Pros: the 10% bonus on selected categories is one of the highest in the market; no need to choose categories—spend qualifies as long as it falls into one of the predefined groups; additional 1% on recurring bill payments adds a steady stream; the card forces budgeting discipline through spending targets. ELIGIBILITY: Applicants must be Hong Kong residents aged 18+ with annual income of HK$120,000. Requirements: HKID, address proof, and proof of income. Self-employed individuals need business registration and financial statements. DRAWBACKS: Cons: the HK$100 bonus cap severely restricts earning—you only get HK$100 extra cashback per month at the 10% rate; the base 0.5% on non-bonus spend is poor, dragging down the overall effective rate; missing the HK$5,000 spending target in any month means you earn only 0.5% on all transactions that cycle; the high perceived rate can mislead users who don’t calculate their actual returns; redemption of cashback requires manual request and may have a minimum accumulated amount. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
10. BEA Preferred Platinum Credit Card - The Bank of East Asia — KEY METRICS: Cashback rate 2% on online shopping, 1% on all other local and overseas spending. Monthly cashback cap of HK$200 per category. Minimum spend HK$5,000 per statement cycle to qualify for the 2% online rate; otherwise, base 0.5%. Annual fee HK$800, waived for the first year and then waived with annual spending of HK$30,000. Effective cashback for a typical HK$15,000 spend with HK$3,000 online is approximately 0.9% (HK$135/month). Based on publicly available information as of May 2026. OVERVIEW: The BEA Preferred Platinum card specifically targets online shoppers with an above-average 2% on e-commerce transactions. However, the hefty minimum spend to unlock that rate and the low HK$200 cap make it a mediocre performer for many. For a household that spends heavily and exclusively online, it could serve as a supplementary card, but as a primary cashback tool, the effective rate falls short of simpler alternatives. KEY BENEFITS: Pros: 2% on online shopping covers a broad range of merchants, from Taobao to Amazon; no need to select specific merchant categories; cashback is applied directly to the statement; the card comes with standard Platinum benefits like dining offers and travel insurance. ELIGIBILITY: Open to Hong Kong residents 18+ with annual income of HK$120,000 or more. Standard documents: HKID, address proof, and recent income proof. Existing BEA banking customers may get preferential processing. DRAWBACKS: Cons: the mandatory HK$5,000 monthly spend to unlock the 2% online rate creates a barrier—if you fall short, the online cashback drops to 0.5% for that month; the HK$200 cap on online cashback means you max out the benefit at just HK$10,000 online spend, which is low for regular online shoppers; the 1% base rate on non-online spend is mediocre; the card lacks a consistent value proposition for those who do not make frequent online purchases; the effective rate on a mixed spend is below 1%. DISCLAIMER: Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Current Rankings
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Standard Chartered Unlimited Cashback Credit Card - Standard Chartered Bank (Hong Kong)
The Standard Chartered Unlimited Cashback Credit Card is the most straightforward and rewarding cashback card for most Hong Kong households. It delivers a flat, uncapped 1.5% on every HKD transaction, making it effortless to earn without tracking categories or worrying about caps.
For those who value simplicity and a high base rate, this card consistently outranks more complex options.
Key Metrics
Cashback rate:1.5% on all local spending, 2% on foreign currency spending, no cap, no minimum spend requirementAnnual fee:HK$0 (waived for life)
Pros and Cons
Pros
truly unlimited cashback with no cap
no minimum spend to earn rewards
cashback is automatically credited to your statement monthly, reducing the effective cost of purchases
the annual fee is permanently waived for principal cardholders
2% on foreign currency spend makes it an excellent travel companion
Eligibility
The card is available to Hong Kong residents aged 18 or above with a minimum annual income of HK$120,000
Applicants need a valid HKID, proof of income (e.g., salary slips, bank statements), and proof of address
Self-employed individuals must submit additional business documents
Things to Watch Out For
the 1.5% rate, while excellent, does not offer bonus categories for heavy spenders in specific areas like dining or groceries
no sign-up bonus or welcome miles option
some competitors may beat it if you can maximize capped category rates
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
The OCBC 365 Card is a powerhouse for foodies and families who concentrate spending at restaurants, supermarkets, and food delivery platforms. The 3% tier is among the highest in the market, and the cap of HK$600 allows significant headroom—requiring HK$20,000 in category spend to max it out.
Even with mixed spending, the effective rate often surpasses flat-rate cards if you consistently spend over HK$5,000 monthly.
Key Metrics
Cashback rate up to:3% on dining, groceries, and selected online food delivery; 1% on all other spendingMonthly cashback cap:HK$600 across all categoriesMinimum spend of:HK$5,000 per statement month to qualify for the enhanced 3% rate; otherwise, base rate is 0.5%+2 more
Pros and Cons
Pros
category-leading 3% on high-frequency categories
the HK$600 monthly cap is generous compared to many peers
no separate cap per category
cashback is automatically credited
complimentary travel insurance and shopping protection
Eligibility
Applicants must be Hong Kong residents aged 18+, with annual income of at least HK$150,000
Required documents include HKID, address proof, and recent income proofs (e.g., tax return, pay slips)
Self-employed applicants need the latest business registration and bank statements
Things to Watch Out For
the minimum spend of HK$5,000 must be met every single month—if you fall short, the rate drops to 0.5% for that entire statement
the annual fee is only waived with moderate annual spending
the 3% categories exclude major chains like some supermarket sub-brands
the 1% base rate is below standard flat-rate competitors
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
The DBS Black Visa is a well-rounded, premium-positioned cashback card that offers unlimited cashback with a slight uplift for international transactions. It sits comfortably between flat-rate 1% cards and the top-tier 1.5% option, but its value shines for frequent travelers or online shoppers dealing in foreign currencies, who can earn 2% without cap.
Key Metrics
Cashback rate:1.2% on all local spending, 2% on overseas spending, both with no capNo minimum spend required:Annual fee:HK$800, waived if annual spending reaches HK$100,000; otherwise partially waived for select customer segments
Pros and Cons
Pros
no cap on cashback, making it ideal for high spenders
2% on foreign currency transactions unlocks significant value for overseas spending and online purchases from non-HKD merchants
cashback is credited monthly and can be redeemed in increments as low as HK$10
includes complimentary travel insurance and priority lane at select airport lounges
the DBS PayLah! app integration adds convenience for managing rewards
Eligibility
Hong Kong residents 18+ with annual income of HK$150,000 or more
Standard documents: HKID, proof of address, latest 3 months’ salary slips or bank statements
Self-employed individuals need additional financial statements
Things to Watch Out For
the local cashback rate of 1.2% is beaten by SC Unlimited
annual fee waiver requires a high spending threshold (HK$100,000), which many average households may not meet
the card’s design and reward structure are less dynamic than newer competitors
overseas spend must be in foreign currency to trigger the 2% rate
no elevated categories for dining or groceries
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Citibank Cash Back Credit Card - Citibank (Hong Kong)
The Citibank Cash Back Card is a strong all-rounder with double cashback on two high-spend categories: dining and overseas purchases. The 2% rate is competitive, and the HK$500 monthly cap per category means you can earn up to HK$1,000 in total cashback every month.
It particularly suits households that eat out frequently and travel or buy from international websites.
Key Metrics
Cashback rate:2% on dining, 2% on overseas spending, and 1% on all other local spendingMonthly cashback cap of:HK$500 per categoryNo minimum spend to earn cashback:+1 more
Pros and Cons
Pros
high 2% cashback on dining, a category that easily adds up
same 2% on overseas spend, making it a dual-purpose card
the HK$500 caps are relatively generous, allowing you to spend HK$25,000 in each 2% category before hitting the limit
cashback is automatically offset against your statement balance
the annual spending threshold for fee waiver is low at HK$30,000
Eligibility
Open to Hong Kong residents aged 18+ with minimum annual income of HK$120,000
Documentation required: HKID, residential address proof, and recent income proofs
Citigold or Citibanking clients may enjoy expedited approval
Things to Watch Out For
the 1% base rate for non-dining local spend is lower than flat-rate leaders
caps can be restrictive for large families—hitting the dining cap after HK$25,000 spend per month is easy if you dine out extensively
the card does not offer uncapped rewards
overseas spend is defined by currency conversion, so HKD purchases from overseas merchants do not earn 2%
redemption of cashback is only monthly, and there is no lump-sum option
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Bank of China (Hong Kong) Cashback Mastercard - BOCHK
BOCHK’s Cashback Mastercard offers a reliable flat-rate 1.2% on everything, mirroring the DBS Black local rate but without the complexity of an overseas bonus. It’s a card for those who value simplicity and want a single rate that works everywhere, from wallet payments to online transactions.
While not the highest flat rate, its ease of use and strong fee waiver conditions make it a practical choice for many HK households.
Key Metrics
Cashback rate:1.2% on all local and overseas spending, no cap, no minimum spendAnnual fee:HK$800, waived for life for new customers who apply online and meet an initial spending promotion; otherwise waived with annual spending of HK$30,000
Pros and Cons
Pros
uncapped 1.2% on all spending categories, local or foreign
no minimum spend thresholds
the annual fee is easily waived with modest spending or via online promotion
cashback is automatically redeemed monthly, reducing your balance
the card integrates smoothly with the BOC Pay app for bill payments and QR code spending, earning the same rate
it also offers access to BOC SmartWallet privilege programs
Eligibility
Applicants must be Hong Kong residents 18+ with annual income of HK$120,000
Standard documents: HKID, address proof, and latest income proofs
Existing BOCHK account holders may enjoy a faster application process
Things to Watch Out For
the 1.2% rate falls short of the 1.5% offered by Standard Chartered Unlimited
there is no bonus category for any specific spend, so it feels less tailored for heavy spenders in particular areas
the card lacks travel perks like lounge access
some users report slower cashback posting compared to international banks
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
HSBC Pulse Card - The Hongkong and Shanghai Banking Corporation Limited
The HSBC Pulse Card targets younger, digitally-savvy users with enhanced rewards on dining and online purchases. Its 2% on dining is attractive, but the low cap of HK$200 per category severely limits upside for higher-income households.
For average earners who keep monthly dining spend under HK$10,000 and online spend under HK$20,000, it can be a decent supplementary card rather than a primary cashback driver.
Key Metrics
Cashback rate:2% on dining and entertainment, 1% on online shopping, and 0.4% on all other local spendingMonthly cashback cap of:HK$200 per categoryNo minimum spend to earn cashback:+1 more
Pros and Cons
Pros
2% on dining/entertainment is a strong category rate
1% on online shopping gives a slight bump for e-commerce
no minimum spend requirement ensures you always earn something
the card acts as an Octopus with automatic top-up, earning 0.4% on that spend
access to HSBC-driven discounts through the Pulse app
Eligibility
Open to Hong Kong residents 18+ with annual income of HK$80,000 or more
Required: HKID, proof of address, and income documents
Students may apply with a lower income threshold and parental guarantee
Things to Watch Out For
the 0.4% base rate is among the lowest in the market, dragging down the effective rate for non-bonus spend
the HK$200 monthly cap per category means a 2% reward maxes out at just HK$10,000 dining spend, which a family could hit quickly
the effective cashback on a typical HK$15,000 mix is under 1%
the annual fee is not automatically waived permanently
cashback is credited as RewardCash, which requires manual redemption
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Hang Seng WeLend+ Cashback Credit Card - Hang Seng Bank
The Hang Seng WeLend+ Card is a co-branded product with WeLend, a Hong Kong fintech lending platform, offering a simple, no-strings-attached 1% cashback. It is designed for users who want a clean, fee-free card that delivers a flat reward without worrying about caps or category exclusions.
While not the highest-rate card, the permanent annual fee waiver and effortless earning make it a solid everyday option for moderate spenders.
Key Metrics
Cashback rate:1% on all local and overseas spending, no cap, no minimum spendAnnual fee:HK$0 permanently
Pros and Cons
Pros
truly zero annual fee forever, so it can be kept with zero cost
1% unlimited cashback on all spend, both HKD and foreign currency, gives predictability
no minimum spend, so even small transactions earn
cashback is automatically redeemed each month as a statement credit
the card provides integration with the WeLend app for loan management and offers
it is widely accepted as a Mastercard
Eligibility
Hong Kong residents aged 18+ with annual income of HK$100,000
Required: HKID, proof of address, recent payslips or bank statements
Existing WeLend borrowers may receive pre-approval or promotional onboarding
Things to Watch Out For
the 1% rate is modest compared to market leaders at 1.2% or 1.5%
there are no bonus categories to accelerate earning for high-spend areas
no travel insurance or premium card perks
the card’s tie-in with WeLend may not appeal to those who do not use peer-to-peer lending services
redemption value is fixed at 1 HKD = 1 Cash Dollar, so there is no upside through points conversion
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
AEON Cashback Credit Card - AEON Credit Service (Hong Kong)
AEON’s cashback card is a humble, flat-rate performer that returns 1% on all transactions through AEON’s point system. While the 1% is standard, the card’s strength lies in the AEON ecosystem: points can be used for instant discounts at AEON supermarkets, Living Plaza, and Bento Express, making it a practical choice for families who regularly shop at AEON.
It is not the highest earner, but its niche value and low barriers keep it in the conversation.
Key Metrics
Cashback rate:1% on all spending, with cashback earned as AEON Points, no cap, no minimum spendAnnual fee:HK$300, waived for the first year and upon request for subsequent years if the card is actively usedFor a:HK$15,000 monthly spend, effective cashback is 1% (HK$150/month) but redemption relies on spending at AEON stores or converting points
Pros and Cons
Pros
1% flat cashback with no cap
no minimum spend
points never expire as long as the card is active
instant point redemption at AEON stores provides immediate savings on groceries and household goods
the card is available even to those with modest incomes, as AEON often has more flexible credit assessment
periodic member-only discounts and birthday offers
Eligibility
Hong Kong residents 18+ with annual income of HK$60,000 or more
Documentation: HKID, proof of address, and income proof (or MPF statement plus latest bank statement)
AEON accepts a broader range of income documents, making it accessible to gig workers
Things to Watch Out For
the 1% reward is effectively store credit—you must spend within the AEON family to realize full value, which reduces flexibility
some competitors offer direct statement cashback instead of points
the annual fee, though waivable, is a friction point
no bonus categories mean it cannot compete with dining or grocery-specific cards
international acceptance may incur additional fees
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
The UOB One Card is a high-effort, high-potential card that rewards those who can consistently hit spending tiers. The headline 10% is eye-catching, but the HK$100 monthly cap means you only get that rate on the first HK$1,000 of category spend.
For disciplined users who can align their monthly budget with the card’s tiers, it can outperform simple flat-rate cards, but many will find the effective rate underwhelming on a typical diversified spend.
Key Metrics
Cashback rate up to:10% on selected categories (dining, groceries, fuel, online shopping) when monthly spending meets HK$5,000; otherwise, base rate is 0.5%Bonus cashback cap::HK$100 per monthAdditional:1% rebate on recurring bill payments+1 more
Pros and Cons
Pros
the 10% bonus on selected categories is one of the highest in the market
no need to choose categories—spend qualifies as long as it falls into one of the predefined groups
additional 1% on recurring bill payments adds a steady stream
the card forces budgeting discipline through spending targets
Eligibility
Applicants must be Hong Kong residents aged 18+ with annual income of HK$120,000
Requirements: HKID, address proof, and proof of income
Self-employed individuals need business registration and financial statements
Things to Watch Out For
the HK$100 bonus cap severely restricts earning—you only get HK$100 extra cashback per month at the 10% rate
the base 0.5% on non-bonus spend is poor, dragging down the overall effective rate
missing the HK$5,000 spending target in any month means you earn only 0.5% on all transactions that cycle
the high perceived rate can mislead users who don’t calculate their actual returns
redemption of cashback requires manual request and may have a minimum accumulated amount
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
BEA Preferred Platinum Credit Card - The Bank of East Asia
The BEA Preferred Platinum card specifically targets online shoppers with an above-average 2% on e-commerce transactions. However, the hefty minimum spend to unlock that rate and the low HK$200 cap make it a mediocre performer for many.
For a household that spends heavily and exclusively online, it could serve as a supplementary card, but as a primary cashback tool, the effective rate falls short of simpler alternatives.
Key Metrics
Cashback rate:2% on online shopping, 1% on all other local and overseas spendingMonthly cashback cap of:HK$200 per categoryMinimum spend:HK$5,000 per statement cycle to qualify for the 2% online rate; otherwise, base 0.5%+1 more
Pros and Cons
Pros
2% on online shopping covers a broad range of merchants, from Taobao to Amazon
no need to select specific merchant categories
cashback is applied directly to the statement
the card comes with standard Platinum benefits like dining offers and travel insurance
Eligibility
Open to Hong Kong residents 18+ with annual income of HK$120,000 or more
Standard documents: HKID, address proof, and recent income proof
Existing BEA banking customers may get preferential processing
Things to Watch Out For
the mandatory HK$5,000 monthly spend to unlock the 2% online rate creates a barrier—if you fall short, the online cashback drops to 0.5% for that month
the HK$200 cap on online cashback means you max out the benefit at just HK$10,000 online spend, which is low for regular online shoppers
the 1% base rate on non-online spend is mediocre
the card lacks a consistent value proposition for those who do not make frequent online purchases
the effective rate on a mixed spend is below 1%
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Standard Chartered Unlimited Cashback Credit Card - Standard Chartered Bank (Hong Kong)
The Standard Chartered Unlimited Cashback Credit Card is the most straightforward and rewarding cashback card for most Hong Kong households. It delivers a flat, uncapped 1.5% on every HKD transaction, making it effortless to earn without tracking categories or worrying about caps.
For those who value simplicity and a high base rate, this card consistently outranks more complex options.
Key Metrics
Cashback rate:1.5% on all local spending, 2% on foreign currency spending, no cap, no minimum spend requirementAnnual fee:HK$0 (waived for life)
Pros and Cons
Pros
truly unlimited cashback with no cap
no minimum spend to earn rewards
cashback is automatically credited to your statement monthly, reducing the effective cost of purchases
the annual fee is permanently waived for principal cardholders
2% on foreign currency spend makes it an excellent travel companion
Eligibility
The card is available to Hong Kong residents aged 18 or above with a minimum annual income of HK$120,000
Applicants need a valid HKID, proof of income (e.g., salary slips, bank statements), and proof of address
Self-employed individuals must submit additional business documents
Things to Watch Out For
the 1.5% rate, while excellent, does not offer bonus categories for heavy spenders in specific areas like dining or groceries
no sign-up bonus or welcome miles option
some competitors may beat it if you can maximize capped category rates
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
The OCBC 365 Card is a powerhouse for foodies and families who concentrate spending at restaurants, supermarkets, and food delivery platforms. The 3% tier is among the highest in the market, and the cap of HK$600 allows significant headroom—requiring HK$20,000 in category spend to max it out.
Even with mixed spending, the effective rate often surpasses flat-rate cards if you consistently spend over HK$5,000 monthly.
Key Metrics
Cashback rate up to:3% on dining, groceries, and selected online food delivery; 1% on all other spendingMonthly cashback cap:HK$600 across all categoriesMinimum spend of:HK$5,000 per statement month to qualify for the enhanced 3% rate; otherwise, base rate is 0.5%+2 more
Pros and Cons
Pros
category-leading 3% on high-frequency categories
the HK$600 monthly cap is generous compared to many peers
no separate cap per category
cashback is automatically credited
complimentary travel insurance and shopping protection
Eligibility
Applicants must be Hong Kong residents aged 18+, with annual income of at least HK$150,000
Required documents include HKID, address proof, and recent income proofs (e.g., tax return, pay slips)
Self-employed applicants need the latest business registration and bank statements
Things to Watch Out For
the minimum spend of HK$5,000 must be met every single month—if you fall short, the rate drops to 0.5% for that entire statement
the annual fee is only waived with moderate annual spending
the 3% categories exclude major chains like some supermarket sub-brands
the 1% base rate is below standard flat-rate competitors
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
The DBS Black Visa is a well-rounded, premium-positioned cashback card that offers unlimited cashback with a slight uplift for international transactions. It sits comfortably between flat-rate 1% cards and the top-tier 1.5% option, but its value shines for frequent travelers or online shoppers dealing in foreign currencies, who can earn 2% without cap.
Key Metrics
Cashback rate:1.2% on all local spending, 2% on overseas spending, both with no capNo minimum spend required:Annual fee:HK$800, waived if annual spending reaches HK$100,000; otherwise partially waived for select customer segments
Pros and Cons
Pros
no cap on cashback, making it ideal for high spenders
2% on foreign currency transactions unlocks significant value for overseas spending and online purchases from non-HKD merchants
cashback is credited monthly and can be redeemed in increments as low as HK$10
includes complimentary travel insurance and priority lane at select airport lounges
the DBS PayLah! app integration adds convenience for managing rewards
Eligibility
Hong Kong residents 18+ with annual income of HK$150,000 or more
Standard documents: HKID, proof of address, latest 3 months’ salary slips or bank statements
Self-employed individuals need additional financial statements
Things to Watch Out For
the local cashback rate of 1.2% is beaten by SC Unlimited
annual fee waiver requires a high spending threshold (HK$100,000), which many average households may not meet
the card’s design and reward structure are less dynamic than newer competitors
overseas spend must be in foreign currency to trigger the 2% rate
no elevated categories for dining or groceries
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Citibank Cash Back Credit Card - Citibank (Hong Kong)
The Citibank Cash Back Card is a strong all-rounder with double cashback on two high-spend categories: dining and overseas purchases. The 2% rate is competitive, and the HK$500 monthly cap per category means you can earn up to HK$1,000 in total cashback every month.
It particularly suits households that eat out frequently and travel or buy from international websites.
Key Metrics
Cashback rate:2% on dining, 2% on overseas spending, and 1% on all other local spendingMonthly cashback cap of:HK$500 per categoryNo minimum spend to earn cashback:+1 more
Pros and Cons
Pros
high 2% cashback on dining, a category that easily adds up
same 2% on overseas spend, making it a dual-purpose card
the HK$500 caps are relatively generous, allowing you to spend HK$25,000 in each 2% category before hitting the limit
cashback is automatically offset against your statement balance
the annual spending threshold for fee waiver is low at HK$30,000
Eligibility
Open to Hong Kong residents aged 18+ with minimum annual income of HK$120,000
Documentation required: HKID, residential address proof, and recent income proofs
Citigold or Citibanking clients may enjoy expedited approval
Things to Watch Out For
the 1% base rate for non-dining local spend is lower than flat-rate leaders
caps can be restrictive for large families—hitting the dining cap after HK$25,000 spend per month is easy if you dine out extensively
the card does not offer uncapped rewards
overseas spend is defined by currency conversion, so HKD purchases from overseas merchants do not earn 2%
redemption of cashback is only monthly, and there is no lump-sum option
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Bank of China (Hong Kong) Cashback Mastercard - BOCHK
BOCHK’s Cashback Mastercard offers a reliable flat-rate 1.2% on everything, mirroring the DBS Black local rate but without the complexity of an overseas bonus. It’s a card for those who value simplicity and want a single rate that works everywhere, from wallet payments to online transactions.
While not the highest flat rate, its ease of use and strong fee waiver conditions make it a practical choice for many HK households.
Key Metrics
Cashback rate:1.2% on all local and overseas spending, no cap, no minimum spendAnnual fee:HK$800, waived for life for new customers who apply online and meet an initial spending promotion; otherwise waived with annual spending of HK$30,000
Pros and Cons
Pros
uncapped 1.2% on all spending categories, local or foreign
no minimum spend thresholds
the annual fee is easily waived with modest spending or via online promotion
cashback is automatically redeemed monthly, reducing your balance
the card integrates smoothly with the BOC Pay app for bill payments and QR code spending, earning the same rate
it also offers access to BOC SmartWallet privilege programs
Eligibility
Applicants must be Hong Kong residents 18+ with annual income of HK$120,000
Standard documents: HKID, address proof, and latest income proofs
Existing BOCHK account holders may enjoy a faster application process
Things to Watch Out For
the 1.2% rate falls short of the 1.5% offered by Standard Chartered Unlimited
there is no bonus category for any specific spend, so it feels less tailored for heavy spenders in particular areas
the card lacks travel perks like lounge access
some users report slower cashback posting compared to international banks
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
HSBC Pulse Card - The Hongkong and Shanghai Banking Corporation Limited
The HSBC Pulse Card targets younger, digitally-savvy users with enhanced rewards on dining and online purchases. Its 2% on dining is attractive, but the low cap of HK$200 per category severely limits upside for higher-income households.
For average earners who keep monthly dining spend under HK$10,000 and online spend under HK$20,000, it can be a decent supplementary card rather than a primary cashback driver.
Key Metrics
Cashback rate:2% on dining and entertainment, 1% on online shopping, and 0.4% on all other local spendingMonthly cashback cap of:HK$200 per categoryNo minimum spend to earn cashback:+1 more
Pros and Cons
Pros
2% on dining/entertainment is a strong category rate
1% on online shopping gives a slight bump for e-commerce
no minimum spend requirement ensures you always earn something
the card acts as an Octopus with automatic top-up, earning 0.4% on that spend
access to HSBC-driven discounts through the Pulse app
Eligibility
Open to Hong Kong residents 18+ with annual income of HK$80,000 or more
Required: HKID, proof of address, and income documents
Students may apply with a lower income threshold and parental guarantee
Things to Watch Out For
the 0.4% base rate is among the lowest in the market, dragging down the effective rate for non-bonus spend
the HK$200 monthly cap per category means a 2% reward maxes out at just HK$10,000 dining spend, which a family could hit quickly
the effective cashback on a typical HK$15,000 mix is under 1%
the annual fee is not automatically waived permanently
cashback is credited as RewardCash, which requires manual redemption
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
Hang Seng WeLend+ Cashback Credit Card - Hang Seng Bank
The Hang Seng WeLend+ Card is a co-branded product with WeLend, a Hong Kong fintech lending platform, offering a simple, no-strings-attached 1% cashback. It is designed for users who want a clean, fee-free card that delivers a flat reward without worrying about caps or category exclusions.
While not the highest-rate card, the permanent annual fee waiver and effortless earning make it a solid everyday option for moderate spenders.
Key Metrics
Cashback rate:1% on all local and overseas spending, no cap, no minimum spendAnnual fee:HK$0 permanently
Pros and Cons
Pros
truly zero annual fee forever, so it can be kept with zero cost
1% unlimited cashback on all spend, both HKD and foreign currency, gives predictability
no minimum spend, so even small transactions earn
cashback is automatically redeemed each month as a statement credit
the card provides integration with the WeLend app for loan management and offers
it is widely accepted as a Mastercard
Eligibility
Hong Kong residents aged 18+ with annual income of HK$100,000
Required: HKID, proof of address, recent payslips or bank statements
Existing WeLend borrowers may receive pre-approval or promotional onboarding
Things to Watch Out For
the 1% rate is modest compared to market leaders at 1.2% or 1.5%
there are no bonus categories to accelerate earning for high-spend areas
no travel insurance or premium card perks
the card’s tie-in with WeLend may not appeal to those who do not use peer-to-peer lending services
redemption value is fixed at 1 HKD = 1 Cash Dollar, so there is no upside through points conversion
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
AEON Cashback Credit Card - AEON Credit Service (Hong Kong)
AEON’s cashback card is a humble, flat-rate performer that returns 1% on all transactions through AEON’s point system. While the 1% is standard, the card’s strength lies in the AEON ecosystem: points can be used for instant discounts at AEON supermarkets, Living Plaza, and Bento Express, making it a practical choice for families who regularly shop at AEON.
It is not the highest earner, but its niche value and low barriers keep it in the conversation.
Key Metrics
Cashback rate:1% on all spending, with cashback earned as AEON Points, no cap, no minimum spendAnnual fee:HK$300, waived for the first year and upon request for subsequent years if the card is actively usedFor a:HK$15,000 monthly spend, effective cashback is 1% (HK$150/month) but redemption relies on spending at AEON stores or converting points
Pros and Cons
Pros
1% flat cashback with no cap
no minimum spend
points never expire as long as the card is active
instant point redemption at AEON stores provides immediate savings on groceries and household goods
the card is available even to those with modest incomes, as AEON often has more flexible credit assessment
periodic member-only discounts and birthday offers
Eligibility
Hong Kong residents 18+ with annual income of HK$60,000 or more
Documentation: HKID, proof of address, and income proof (or MPF statement plus latest bank statement)
AEON accepts a broader range of income documents, making it accessible to gig workers
Things to Watch Out For
the 1% reward is effectively store credit—you must spend within the AEON family to realize full value, which reduces flexibility
some competitors offer direct statement cashback instead of points
the annual fee, though waivable, is a friction point
no bonus categories mean it cannot compete with dining or grocery-specific cards
international acceptance may incur additional fees
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
The UOB One Card is a high-effort, high-potential card that rewards those who can consistently hit spending tiers. The headline 10% is eye-catching, but the HK$100 monthly cap means you only get that rate on the first HK$1,000 of category spend.
For disciplined users who can align their monthly budget with the card’s tiers, it can outperform simple flat-rate cards, but many will find the effective rate underwhelming on a typical diversified spend.
Key Metrics
Cashback rate up to:10% on selected categories (dining, groceries, fuel, online shopping) when monthly spending meets HK$5,000; otherwise, base rate is 0.5%Bonus cashback cap::HK$100 per monthAdditional:1% rebate on recurring bill payments+1 more
Pros and Cons
Pros
the 10% bonus on selected categories is one of the highest in the market
no need to choose categories—spend qualifies as long as it falls into one of the predefined groups
additional 1% on recurring bill payments adds a steady stream
the card forces budgeting discipline through spending targets
Eligibility
Applicants must be Hong Kong residents aged 18+ with annual income of HK$120,000
Requirements: HKID, address proof, and proof of income
Self-employed individuals need business registration and financial statements
Things to Watch Out For
the HK$100 bonus cap severely restricts earning—you only get HK$100 extra cashback per month at the 10% rate
the base 0.5% on non-bonus spend is poor, dragging down the overall effective rate
missing the HK$5,000 spending target in any month means you earn only 0.5% on all transactions that cycle
the high perceived rate can mislead users who don’t calculate their actual returns
redemption of cashback requires manual request and may have a minimum accumulated amount
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
BEA Preferred Platinum Credit Card - The Bank of East Asia
The BEA Preferred Platinum card specifically targets online shoppers with an above-average 2% on e-commerce transactions. However, the hefty minimum spend to unlock that rate and the low HK$200 cap make it a mediocre performer for many.
For a household that spends heavily and exclusively online, it could serve as a supplementary card, but as a primary cashback tool, the effective rate falls short of simpler alternatives.
Key Metrics
Cashback rate:2% on online shopping, 1% on all other local and overseas spendingMonthly cashback cap of:HK$200 per categoryMinimum spend:HK$5,000 per statement cycle to qualify for the 2% online rate; otherwise, base 0.5%+1 more
Pros and Cons
Pros
2% on online shopping covers a broad range of merchants, from Taobao to Amazon
no need to select specific merchant categories
cashback is applied directly to the statement
the card comes with standard Platinum benefits like dining offers and travel insurance
Eligibility
Open to Hong Kong residents 18+ with annual income of HK$120,000 or more
Standard documents: HKID, address proof, and recent income proof
Existing BEA banking customers may get preferential processing
Things to Watch Out For
the mandatory HK$5,000 monthly spend to unlock the 2% online rate creates a barrier—if you fall short, the online cashback drops to 0.5% for that month
the HK$200 cap on online cashback means you max out the benefit at just HK$10,000 online spend, which is low for regular online shoppers
the 1% base rate on non-online spend is mediocre
the card lacks a consistent value proposition for those who do not make frequent online purchases
the effective rate on a mixed spend is below 1%
Rates are indicative and subject to change. Always verify current rates directly with the bank before applying.
