Best Hang Seng Credit Cards in Hong Kong 2020

Hang Seng credit cards offer some of the highest cash rebates on the market for budget conscious consumers who spend in certain categories. We’ve reviewed the best Hang Seng credit cards in Hong Kong and categorized them to best fit your budget and lifestyle.

Best Hang Seng Cashback Credit Cards
Best Hang Seng Travel Credit Cards
Best Hang Seng Credit Cards for University Students

Compare Best Hang Seng Credit Cards by Dollar Value

Based on an average monthly spend of HK$12,000, we analysed the best cash rebate credit cards on the market to estimate each card's value to consumers after 2 years, accounting for rebates and netting out annual fees. Note that value-to-consumer calculations depend heavily on individual spending habits, and intangible benefits like free travel insurance and airport lounge access are valuable but difficult to quantify.

A graph displaying how best Hang Seng credit cards compare to one another in terms of their rewards
Best Hang Seng Credit Cards in Hong Kong by Estimated 2-Year Dollar Value
Best Hang Seng Cashback Credit Cards Best Hang Seng Travel Credit Cards Best Hang Seng University/College Affinity Credit Cards

Compare Best Hang Seng Credit Cards by Dollar Value

Based on an average monthly spend of HK$12,000, we analysed the best cash rebate credit cards on the market to estimate each card's value to consumers after 2 years, accounting for rebates and netting out annual fees. Note that value-to-consumer calculations depend heavily on individual spending habits, and intangible benefits like free travel insurance and airport lounge access are valuable but difficult to quantify.

A graph displaying how best Hang Seng credit cards compare to one another in terms of their rewards
Best Hang Seng Credit Cards in Hong Kong by Estimated 2-Year Dollar Value

Best Hang Seng Credit Cards for Cashback

Hang Seng cashback credit cards offer some of the highest rebates on the market through the Cash Dollars programme, which allows consumers to redeem rewards with over 7,000 merchants. Some consumers may prefer the simple flat rates of other cashback credit cards, but budget savvy shoppers can earn impressive rewards with these Hang Seng cards.

Hang Seng MPOWER Card: Top Cashback on Local and Overseas Spend

  • 5% cashback for online, overseas & mobile payments
  • Promotions: Receive HK$600 cashback w/ HK$5k min. spend in 1st 2mo, OR:
  • Receive 8 MCL Cinemas movie tickets w/ HK$5k spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
Hang Seng MPOWER Card offers a very generous 5% Cash Dollars rebate on local dining, entertainment and fashion spend made through mobile pay (up to $100 Cash Dollars/month), as well as on online and overseas transactions of HK$300+ (up to $200 Cash Dollars/month in each category). Cardholders can also take advantage of discounted movie tickets, waived online ticket booking fees, and priority reservations for concerts.


Cash Dollars are redeemed at a rate of $1 Cash Dollar per HK$1 and can be used with over 7,400 merchants in Hong Kong and Mainland China. While cardholders must spend HK$3,000 per month to receive the boosted 5% rebate, this shouldn't be a difficult requirement for most consumers.

Although Hang Seng MPOWER Card offers top rebates for mobile spend and in specific categories, consumers who want to avoid spending caps or use their card more flexibly may want to try a more straightforward card like the Standard Chartered Simply Cash Visa Card. If you are looking for top rebates on a limited budget, however, you should definitely consider this card.

  • HK$150k min. annual salary
  • Annual fee: Free
  • 5% Cash Dollars rebate for mobile spend on local dining, fashion & entertainment (w/ HK$3k spend/mo)
  • 5% Cash Dollars rebate on online & overseas transactions of HK$300+ (w/ HK$3k spend/mo)
  • 0.4% Cash Dollars rebate on general spend
  • Up to 8 free movie tickets/year, free popcorn & more at MCL Cinemas
  • Stand-Out: 5% cashback for online, overseas & mobile payments
  • Promotions: Receive HK$600 cashback w/ HK$5k min. spend in 1st 2mo, OR:
  • Receive 8 MCL Cinemas movie tickets w/ HK$5k spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
Hang Seng MPOWER Card offers a very generous 5% Cash Dollars rebate on local dining, entertainment and fashion spend made through mobile pay (up to $100 Cash Dollars/month), as well as on online and overseas transactions of HK$300+ (up to $200 Cash Dollars/month in each category). Cardholders can also take advantage of discounted movie tickets, waived online ticket booking fees, and priority reservations for concerts.


Cash Dollars are redeemed at a rate of $1 Cash Dollar per HK$1 and can be used with over 7,400 merchants in Hong Kong and Mainland China. While cardholders must spend HK$3,000 per month to receive the boosted 5% rebate, this shouldn't be a difficult requirement for most consumers.

Although Hang Seng MPOWER Card offers top rebates for mobile spend and in specific categories, consumers who want to avoid spending caps or use their card more flexibly may want to try a more straightforward card like the Standard Chartered Simply Cash Visa Card. If you are looking for top rebates on a limited budget, however, you should definitely consider this card.

  • Annual fee: Free
  • HK$150k min. annual salary
  • 5% Cash Dollars rebate for mobile spend on local dining, fashion & entertainment (w/ HK$3k spend/mo)
  • 5% Cash Dollars rebate on online & overseas transactions of HK$300+ (w/ HK$3k spend/mo)
  • 0.4% Cash Dollars rebate on general spend
  • Up to 8 free movie tickets/year, free popcorn & more at MCL Cinemas

Hang Seng enJoy Card: Steep Discounts and Rebates with Select Merchants

  • Up to 2% rebate on spend w/ popular local merchants & restaurants
  • Promotions: Receive HK$300 cashback w/ HK$4k designated merchant spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
If you are looking for respectable rebates with popular merchants in Hong Kong, Hang Seng enJoy Card may be a great choice for you. Cardholders can enjoy a 1% yuu Reward Points rebate on purchases with GNC and Maxim’s Group, 1.5% at 7-Eleven, Mannings, IKEA, Wellcome and more, and 2% at popular eateries Pizza Hut, KFC, and PHD.


Reward Points are redeemable with the same merchants they are earned from, and points are conveniently spent through the yuu Rewards APP. What’s more, foodies and department store shoppers can also enjoy steep discounts at designated merchants with their card.

Hang Seng enJoy card’s yuu Rewards Programme is an excellent choice if you tend to spend with select local merchants, but its 0.5% Cash Dollar rebate for general spend is outshone by other cards with higher flat rates. Altogether, the competitive rebate for shopping combined with a perpetual annual fee waiver make this an excellent choice for consumers looking for steep rewards on their local spend.

  • HK$150k min. annual salary
  • Annual fee: Free
  • Up to 2% yuu Rewards Dollars rebate on spend w/ enJoy Card designated merchants
  • 0.5% Cash Dollars rebate on all other spend
  • yuuu Rewards Points are only redeemable w/ designated enJoy merchants
  • Cash Dollars are redeemable w/ 7k+ merchant outlets
  • Merchant Dollars boost & Year-Round Discounts with designated merchants
  • Stand-Out: Up to 2% rebate on spend w/ popular local merchants & restaurants
  • Promotions: Receive HK$300 cashback w/ HK$4k designated merchant spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
If you are looking for respectable rebates with popular merchants in Hong Kong, Hang Seng enJoy Card may be a great choice for you. Cardholders can enjoy a 1% yuu Reward Points rebate on purchases with GNC and Maxim’s Group, 1.5% at 7-Eleven, Mannings, IKEA, Wellcome and more, and 2% at popular eateries Pizza Hut, KFC, and PHD.


Reward Points are redeemable with the same merchants they are earned from, and points are conveniently spent through the yuu Rewards APP. What’s more, foodies and department store shoppers can also enjoy steep discounts at designated merchants with their card.

Hang Seng enJoy card’s yuu Rewards Programme is an excellent choice if you tend to spend with select local merchants, but its 0.5% Cash Dollar rebate for general spend is outshone by other cards with higher flat rates. Altogether, the competitive rebate for shopping combined with a perpetual annual fee waiver make this an excellent choice for consumers looking for steep rewards on their local spend.

  • HK$150k min. annual salary
  • Annual fee: Free
  • Up to 2% yuu Rewards Dollars rebate on spend w/ enJoy Card designated merchants
  • 0.5% Cash Dollars rebate on all other spend
  • yuuu Rewards Points are only redeemable w/ designated enJoy merchants
  • Cash Dollars are redeemable w/ 7k+ merchant outlets
  • Merchant Dollars boost & Year-Round Discounts with designated merchants

Hang Seng Platinum Card: Competitive Rewards on Your Local Spend

  • 0.4% rebate on general spend + dining discounts
  • Promotions: Receive HK$600 cashback w/ HK$5k min. spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
Consumers can earn respectable Cash Dollars rebates across their spending with Hang Seng Platinum Card. Offered as a Visa and Mastercard, consumers can enjoy a 4% rebate on mobile, online, local dining and department store spend during the Summer Wow Reward period (available through November 30th, 2020 with HK$3,000 minimum spend/month).


Outside of the promotional period, you can earn 1 Cash Dollar for every HK$250 spent, which translates to a 0.4% rebate redeemable with over 7,000 local merchants. Cardholders can also enjoy a 15% discount at the restaurants of W Marriott Hotel Hong Kong, Grand Hyatt Hong Kong, Conrad Hong Kong and more, as well as reduced prices at thousands of merchants.

Hang Seng Platinum Card offers consumers excellent rewards during the Summer Wow Reward programme, as well as generous discounts for frequent diners and shoppers. However the 0.4% rebate on general spend is outperformed by many other cashback cards in Hong Kong.

  • HK$150 min. annual salary
  • Annual fee: 3-year waiver (perpetual waiver with Hang Seng banking accounts)
  • 0.4% Cash Dollars rebate on general spend
  • Summer Wow Reward: 4% Cash Dollars rebate for mobile spend in select categories (w/ HK$3k spend/mo) + online, local dining and department store spending (available through Nov. 30, 2020)
  • Discount offers up to 70% off at designated hotels, restaurants, luxury stores and leisure destinations
  • Stand-Out: 0.4% rebate on general spend + dining discounts
  • Promotions: Receive HK$600 cashback w/ HK$5k min. spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
Consumers can earn respectable Cash Dollars rebates across their spending with Hang Seng Platinum Card. Offered as a Visa and Mastercard, consumers can enjoy a 4% rebate on mobile, online, local dining and department store spend during the Summer Wow Reward period (available through November 30th, 2020 with HK$3,000 minimum spend/month).


Outside of the promotional period, you can earn 1 Cash Dollar for every HK$250 spent, which translates to a 0.4% rebate redeemable with over 7,000 local merchants. Cardholders can also enjoy a 15% discount at the restaurants of W Marriott Hotel Hong Kong, Grand Hyatt Hong Kong, Conrad Hong Kong and more, as well as reduced prices at thousands of merchants.

Hang Seng Platinum Card offers consumers excellent rewards during the Summer Wow Reward programme, as well as generous discounts for frequent diners and shoppers. However the 0.4% rebate on general spend is outperformed by many other cashback cards in Hong Kong.

  • HK$150 min. annual salary
  • Annual fee: 3-year waiver (perpetual waiver with Hang Seng banking accounts)
  • 0.4% Cash Dollars rebate on general spend
  • Summer Wow Reward: 4% Cash Dollars rebate for mobile spend in select categories (w/ HK$3k spend/mo) + online, local dining and department store spending (available through Nov. 30, 2020)
  • Discount offers up to 70% off at designated hotels, restaurants, luxury stores and leisure destinations

Best Hang Seng Credit Cards for Travel

If you are looking for competitive travel perks in addition to modest rewards rates, you should consider these Hang Seng Credit cards. While the cashback rebates are lower than some competitor cards, the mainland China and international travel benefits make these credit cards a good option for frequent flyers.

Hang Seng UnionPay Platinum Card: Flat cashback and Convenient Spend in Mainland China

  • 0.4% rebate on general spend + convenient Mainland China perks
  • Promotions: Receive HK$600 cashback w/ HK$5k min. spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
Frequent Mainland China travellers looking for rewards across all of their spending should consider Hang Seng UnionPay Platinum Card. Cardholders earn 0.4% Cash Dollars rebate for all of their spending, and Mainland China travellers can also conveniently use their card with over 20 million UnionPay-eligible merchants throughout China and settle all of their payments in HKD.


Like its Visa and Mastercard counterparts, Hang Seng UnionPay Platinum Card is eligible for the Summer Wow Reward programme. Consumers can enjoy a 4% rebate on mobile, online, local dining and department store spend through November 30th, 2020 with HK$3,000 minimum spend per month.

If you are looking for simple, flat rewards that can be redeemed at thousands of local merchants, you should consider Hang Seng UnionPay Platinum Card. However, you should keep in mind that other cards offer higher flat cashback, such as Citi Cash Back Card.

  • HK$150k min. annual salary
  • Annual fee: Free
  • 0.4% Cash Dollars rebate on general spend
  • Summer Wow Reward: 4% Cash Dollars rebate for mobile spend in select categories (w/ HK$3k spend/mo) + online, local dining and department store spend (available through Nov. 30 2020)
  • Stand-Out: 0.4% rebate on general spend + convenient Mainland China perks
  • Promotions: Receive HK$600 cashback w/ HK$5k min. spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
Frequent Mainland China travellers looking for rewards across all of their spending should consider the Hang Seng UnionPay Platinum Card. Cardholders earn 0.4% Cash Dollars rebate for all of their spending, and Mainland China travellers can also conveniently use their card with over 20 million UnionPay-eligible merchants throughout China and settle all of their payments in HKD.


Like its Visa and Mastercard counterparts, Hang Seng UnionPay Platinum Card is eligible for the Summer Wow Reward programme. Consumers can enjoy a 4% rebate on mobile, online, local dining and department store spend through November 30th, 2020 with HK$3,000 minimum spend per month.

If you are looking for simple, flat rewards that can be redeemed at thousands of local merchants, you should consider Hang Seng UnionPay Platinum Card. However, you should keep in mind that other cards offer higher flat cashback, such as Citi Cash Back Card.

  • Annual fee: Free
  • HK$150k min. annual salary
  • Annual fee: Free
  • 0.4% Cash Dollars rebate on general spend
  • Summer Wow Reward: 4% Cash Dollars rebate for mobile spend in select categories (w/ HK$3k spend/mo) + online, local dining and department store spend (available through Nov. 30 2020)

Hang Seng Prestige World Mastercard: Competitive Cashback and Travel Perks

  • Top travel perks and intl. dining discounts
  • Promotions: Receive HK$400 cashback w/ HK$10k min. spend in 1st 2mo
  • Receive HK$200 cashback w/ online application
Hang Seng Bank loyalists who seek excellent travel perks should consider the Hang Seng Prestige World Mastercard. You can earn 0.4% cash dollars on all of their spending, along with a number of luxury perks to enhance your vacations — but you should be aware that this card is restricted to Hang Seng Prestige Banking clients with a total balance of HK$1,000,000 with the bank.


Cardholders can enjoy discounted limousine service at airports around the world at a rate of HK$250 per ride every time they spend HK$3,000 on travel-related expenses. Other benefits include discounted airport LoungeKey trips and significant dining discounts at a list of prestigious global restaurants and hotels.

Most credit cards that offer such generous luxury travel perks are air miles cards with high annual fees and minimum income requirements. Hang Seng Prestige World Mastercard, on the other hand, offers local spenders a modest rebate on their spend plus some of the most competitive travel benefits on the market.

  • HK$150k min. annual salary
  • Note: Only available to Hang Seng Prestige Banking clients (HK$1000k min. total relationship balance)
  • Annual fee: Free
  • 0.4% Cash Dollars rebate on general spend
  • 4/5% Cash Dollars rebate for mobile, online, local dining and department store spend w/ HK$5k/HK$8k spend/mo (available through Nov. 30, 2020)
  • Discounted airport limo service and lounge visits
  • Up to 30% discounts on dining at top international restaurants and hotels
  • Stand-Out: Top travel perks and intl. dining discounts
  • Promotions: Receive HK$400 cashback w/ HK$10k min. spend in 1st 2mo
  • Receive HK$200 cashback w/ online application
Hang Seng Bank loyalists who seek excellent travel perks should consider Hang Seng Prestige World Mastercard. You can earn 0.4% cash dollars on all of their spending, along with a number of luxury perks to enhance your vacations — but you should be aware that this card is restricted to Hang Seng Prestige Banking clients with a total balance of HK$1,000,000 with the bank.


Cardholders can enjoy discounted limousine service at airports around the world at a rate of HK$250 per ride every time they spend HK$3,000 on travel-related expenses. Other benefits include discounted airport LoungeKey trips and significant dining discounts at a list of prestigious global restaurants and hotels.

Most credit cards that offer such generous luxury travel perks are air miles cards with high annual fees and minimum income requirements. Hang Seng Prestige World Mastercard, on the other hand, offers local spenders a modest rebate on their spend plus some of the most competitive travel benefits on the market.

  • HK$150k min. annual salary
  • Note: Only available to Hang Seng Prestige Banking clients (HK$1000k min. total relationship balance)
  • Annual fee: Free
  • 0.4% Cash Dollars rebate on general spend
  • 4/5% Cash Dollars rebate for mobile, online, local dining and department store spend w/ HK$5k/HK$8k spend/mo (available through Nov. 30, 2020)
  • Discounted airport limo service and lounge visits
  • Up to 30% discounts on dining at top international restaurants and hotels

Best Hang Seng Credit Cards for University Students

These Hang Seng credit cards offer unique benefits to students and staff of affiliated universities, including tuition rebates, on campus discounts and waived minimum income requirements. Students can also enjoy highly competitive rebates and miles rewards with these top student credit cards.

Hang Seng University / College Affinity Credit Cards: Cashback on Your Tuition Fees

  • Flat cash dollars rebate + exclusive university priviliges
  • Promotions: Receive HK$600 cashback w/ HK$6k min. spend in 1st 2mo
University students looking for a significant rebate on their tuition fees and book store purchases should consider Hang Seng University/College Affinity Credit Cards. Students, Alumni and Staff from Hong Kong Baptist University, City University of Hong Kong, The Chinese University of Hong Kong, School of Continuing and Professional Studies CUHK and the Hang Seng University of Hong Kong are all eligible to apply.


These university-branded cards offer a 2.4% rebate on student tuition fees and transactions at campus book stores through December 31st, 2020. What’s more, part of your spending on the card will be donated to the school, which means your transactions also support your university.

What makes Hang Seng University-affiliated credit card stand out is its no income requirement for full-time students, making it a very accessible first credit card. Students with limited budgets looking for exclusive university perks should consider a branded Hang Seng university credit card.

  • HK$150 min. annual salary (No min. salary for full-time university students)
  • Annual fee: Free
  • 2.4% Cash Dollars rebate for tuition fee payment and local bookstore transactions (available through December 31st, 2020)
  • 0.4% Cash Dollars rebate on general spend
  • Part of total spending will be donated to affiliated university
  • Participating universities:
  • Hong Kong Baptist University
  • City University of Hong Kong
  • The Chinese University of Hong Kong
  • School of Continuing and Professional Studies CUHK
  • The Hang Seng University of Hong Kong
  • Stand-Out: Flat cash dollars rebate + exclusive university priviliges
  • Promotions: Receive HK$600 cashback w/ HK$6k min. spend in 1st 2mo
University students looking for a significant rebate on their tuition fees and book store purchases should consider Hang Seng University/College Affinity Credit Cards. Students, Alumni and Staff from Hong Kong Baptist University, City University of Hong Kong, The Chinese University of Hong Kong, School of Continuing and Professional Studies CUHK and the Hang Seng University of Hong Kong are all eligible to apply.


These university-branded cards offer a 2.4% rebate on student tuition fees and transactions at campus book stores through December 31st, 2020. What’s more, part of your spending on the card will be donated to the school, which means your transactions also support your university.

What makes Hang Seng University-affiliated credit card stand out is its no income requirement for full-time students, making it a very accessible first credit card. Students with limited budgets looking for exclusive university perks should consider a branded Hang Seng university credit card.

  • HK$150 min. annual salary (No min. salary for full-time university students)
  • Annual fee: Free
  • 2.4% Cash Dollars rebate for tuition fee payment and local bookstore transactions (available through December 31st, 2020)
  • 0.4% Cash Dollars rebate on general spend
  • Part of total spending will be donated to affiliated university
  • Participating universities:
  • Hong Kong Baptist University
  • City University of Hong Kong
  • The Chinese University of Hong Kong
  • School of Continuing and Professional Studies CUHK
  • The Hang Seng University of Hong Kong
Kevin Schwartz

Kevin is a Junior Research Analyst at ValueChampion, specialising in credit cards in Hong Kong. He previously worked for the U.S. Congress as well as in international education in Beijing. He holds a B.A. in International Studies and Chinese from the College of the Holy Cross.