Best UnionPay Credit Cards in Hong Kong 2020

After analysing every UnionPay credit card in Hong Kong, we've identified those that best pair regional perks with top rewards rates. We've detailed the benefits and features of each card in order to help you find the best fit for your lifestyle.

Best UnionPay Cashback Cards
Best UnionPay Miles Cards
Best UnionPay Cards for Luxury Perks
Best UnionPay Cards with Transport Perks
Best UnionPay Insurance Cards
Best UnionPay Card for AEON Loyalists

Compare Best UnionPay Credit Cards by Dollar Value

Based on an average monthly spend of HK$12,000, we analysed the best UnionPay credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how best UnionPay credit cards compare to one another in terms of their rewards
Best UnionPay Credit Cards in Hong Kong by Estimated 2-Year Dollar Value
Best UnionPay Cashback Cards Best UnionPay Airmiles Cards Best UnionPay Cards for Luxury Perks Best UnionPay Cards for Transport Best UnionPay Insurance Cards Best UnionPay Card for AEON Loyalists

Compare Best UnionPay Credit Cards by Dollar Value

Based on an average monthly spend of HK$12,000, we analysed the best UnionPay credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

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

Best UnionPay Cashback Cards

Earn impressive cashback and enjoy convenient travel perks with the cards below.

HSBC UnionPay Dual Currency Card: Accessible Custom Cashback

  • Choice of cashback w/ just HK$60k min. income req.
  • Promotions: Receive HK$700 cashback w/ HK$/RMB8k min. spend in 1st 2mo
  • Annual fee: HK$300, 2-yr waiver (valid until 19 February 2020)
  • 0.4% cash rebate on general spend
  • 2.4% online & overseas w/ HK$3k spend/qtr
  • +2% bonus cashback applied across select categories
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fee waived for HKD/RMB, 1% for all other currencies
Regional travellers seeking an accessible option for customisable cashback should look no further than HSBC UnionPay Dual Currency Card. While consumers earn a base rate of just 0.4% cashback on general retail, cardholders who spend at least HK$3k each calendar quarter earn 2.4% cashback on their online and overseas spend. Even better, an additional 2% can be allocated across the categories of dining, overseas, mainland China & Macau, entertainment, home and lifestyle. Consumers can combine these bonuses to earn up to 4.4% cashback on their overseas spend–one of the highest rates on the market.


HSBC UnionPay Dual Currency is also quite accessible, with a minimum income requirement of just HK$60k–far below the average for UnionPay cards. Consumers enjoy separate billing for spend in RMB and foreign exchange fee waivers for spend in HKD and RMB. However, unlike most UnionPay cards–which waive all fees–spend in other currencies is charged a 1% transaction fee.

Finally, cardholders receive UnionPay and HSBC Year-Round Offers on dining, entertainment and more. Altogether, HSBC UnionPay Dual Currency is a great option for everyday consumers looking to earn cashback that fits their lifestyle while also enjoying hassle-free spending in mainland China.

  • Stand-Out: Choice of cashback w/ just HK$60k min. income req.
  • Promotions: Receive HK$700 cashback w/ HK$/RMB8k min. spend in 1st 2mo
  • Annual fee: HK$300, 2-yr waiver (valid until 19 February 2020)
  • 0.4% cash rebate on general spend
  • 2.4% online & overseas w/ HK$3k spend/qtr
  • +2% bonus cashback applied across select categories
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fee waived for HKD/RMB, 1% for all other currencies
Regional travellers seeking an accessible option for customisable cashback should look no further than HSBC UnionPay Dual Currency Card. While consumers earn a base rate of just 0.4% cashback on general retail, cardholders who spend at least HK$3k each calendar quarter earn 2.4% cashback on their online and overseas spend. Even better, an additional 2% can be allocated across the categories of dining, overseas, mainland China & Macau, entertainment, home and lifestyle. Consumers can combine these bonuses to earn up to 4.4% cashback on their overseas spend–one of the highest rates on the market.


HSBC UnionPay Dual Currency is also quite accessible, with a minimum income requirement of just HK$60k–far below the average for UnionPay cards. Consumers enjoy separate billing for spend in RMB and foreign exchange fee waivers for spend in HKD and RMB. However, unlike most UnionPay cards–which waive all fees–spend in other currencies is charged a 1% transaction fee.

Finally, cardholders receive UnionPay and HSBC Year-Round Offers on dining, entertainment and more. Altogether, HSBC UnionPay Dual Currency is a great option for everyday consumers looking to earn cashback that fits their lifestyle while also enjoying hassle-free spending in mainland China.

WeWa UnionPay Diamond Card: Rebates on Local Leisure + Travel Bookings

  • Up to 4% rebate on local leisure & travel bookings
  • Promotions: Receive HK$500 cashback w/ HK$8.5k spend in 1st 3mo, OR:
  • Receive Jabra Elite Active wireless headset w/ HK$8.5k spend in 1st 3mo, OR:
  • Receive American Meresoy massage gun w/ HK$8.5k spend in 1st 3mo, OR:
  • Tertiary Students: Receive HK$200 cashback w/ HK$2k spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
  • Annual fee: HK$800, 2-yr waiver
  • 4% cashback w/ select airlines, travel agencies & entertainment merchants
  • 0.4% cashback on general spend
  • Foreign currency transaction fee waived
  • Discounted limousine service & up to 3 free lounge visits/yr
With WeWa UnionPay Diamond Card, consumers can easily maximise cashback on leisure spend whether they’re visiting a theme park locally or booking a trip abroad. Cardholders can earn up to an impressive 4% cashback with select local entertainment & travel merchants, such as Cathay Pacific, Air China, Hong Kong Airlines, MCL Cinemas, Disneyland, Neway Karaoke and more. All other spend earns just 0.4% rebate, so this card is best fit for people and families who spend a great deal on local leisure or planning vacations.


In addition to these impressive cashback rates, WeWa UnionPay Diamond also provides perks that make travel and spending abroad more luxurious and convenient. Luxury travel perks include discounted limo services in Hong Kong and China and up to 3 complimentary lounge visits per year. These perks, coupled with waived foreign currency transaction fees, make WeWa UnionPay Diamond Card ideal for enhancing local leisure and travel experiences.

  • Stand-Out: Up to 4% rebate on local leisure & travel bookings
  • Promotions: Receive HK$500 cashback w/ HK$8.5k spend in 1st 3mo, OR:
  • Receive Jabra Elite Active wireless headset w/ HK$8.5k spend in 1st 3mo, OR:
  • Receive American Meresoy massage gun w/ HK$8.5k spend in 1st 3mo, OR:
  • Tertiary Students: Receive HK$200 cashback w/ HK$2k spend in 1st 2mo
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
  • Annual fee: HK$800, 2-yr waiver
  • 4% cashback w/ select airlines, travel agencies & entertainment merchants
  • 0.4% cashback on general spend
  • Foreign currency transaction fee waived
  • Discounted limousine service & up to 3 free lounge visits/yr
With WeWa UnionPay Diamond Card, consumers can easily maximise cashback on leisure spend whether they’re visiting a theme park locally or booking a trip abroad. Cardholders can earn up to an impressive 4% cashback with select local entertainment & travel merchants, such as Cathay Pacific, Air China, Hong Kong Airlines, MCL Cinemas, Disneyland, Neway Karaoke and more. All other spend earns just 0.4% rebate, so this card is best fit for people and families who spend a great deal on local leisure or planning vacations.


In addition to these impressive cashback rates, WeWa UnionPay Diamond also provides perks that make travel and spending abroad more luxurious and convenient. Luxury travel perks include discounted limo services in Hong Kong and China and up to 3 complimentary lounge visits per year. These perks, coupled with waived foreign currency transaction fees, make WeWa UnionPay Diamond Card ideal for enhancing local leisure and travel experiences.

BEA UnionPay Dual Currency PLATINUM Credit Card: Highest UnionPay Cashback

  • 1.2% cashback on dining, 0.8% on general retail
  • Promotions: Receive HK$300 HKTV MALL Cash Coupons w/ HK$2k spend in 1st 2mo, OR:
  • Receive HK$200 cashback w/ HK$2k spend in 1st 2mo
  • Annual fee: HK$600, waived w/ select BEA accounts
  • 10% cashback on local mobile pay w/ fast food & more w/ HK$2k/mo spend (1.2% if below)
  • 1.2% cashback on other local dining
  • 0.8% cashback on other purchases
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • Read Our Full Review
BEA UnionPay Dual Currency PLATINUM Card provides consumers with an accessible way to earn impressive cashback rewards on select local dining. Cardholders can currently earn up to 10% cashback on mobile payments at local bakeries, coffee shops and fast food outlets. Although these elevated rates have a HK$2k monthly spend requirement, most consumers should be able to easily reach this spending level. Consumers also enjoy 1.2% cashback on all other dining and 0.8% cashback on their general spend.


In terms of perks, consumers can enjoy convenient travel perks like foreign currency transaction fee waivers and dual currency (HKD/RMB) functionality, making it less expensive to spend abroad. BEA UnionPay Dual Currency PLATINUM is also highly affordable, since its already low HK$600 annual fee is waived for customers who maintain Mandatory Provident Fund, mortgage, consumer loan, or deposit accounts with BEA. Finally, the card has a minimum income requirement of just HK$40k, which is well below the HK$150k market standard. Altogether, BEA UnionPay Dual Currency Platinum Card offers impressive dining rewards while remaining amongst the most accessible cashback cards on the market.

  • Stand-Out: 1.2% cashback on dining, 0.8% on general retail
  • Promotions: Receive HK$300 HKTV MALL Cash Coupons w/ HK$2k spend in 1st 2mo, OR:
  • Receive HK$200 cashback w/ HK$2k spend in 1st 2mo
  • Annual fee: HK$600, waived w/ select BEA accounts
  • 10% cashback on local mobile pay w/ fast food & more w/ HK$2k/mo spend (1.2% if below)
  • 1.2% cashback on other local dining
  • 0.8% cashback on other purchases
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
BEA UnionPay Dual Currency PLATINUM Card provides consumers with an accessible way to earn impressive cashback rewards on select local dining. Cardholders can currently earn up to 10% cashback on mobile payments at local bakeries, coffee shops and fast food outlets. Although these elevated rates have a HK$2k monthly spend requirement, most consumers should be able to easily reach this spending level. Consumers also enjoy 1.2% cashback on all other dining and 0.8% cashback on their general spend.


In terms of perks, consumers can enjoy convenient travel perks like foreign currency transaction fee waivers and dual currency (HKD/RMB) functionality, making it less expensive to spend abroad. BEA UnionPay Dual Currency PLATINUM is also highly affordable, since its already low HK$600 annual fee is waived for customers who maintain Mandatory Provident Fund, mortgage, consumer loan, or deposit accounts with BEA. Finally, the card has a minimum income requirement of just HK$40k, which is well below the HK$150k market standard. Altogether, BEA UnionPay Dual Currency Platinum Card offers impressive dining rewards while remaining amongst the most accessible cashback cards on the market.

Best UnionPay Miles Cards

Frequent regional travellers can easily earn miles with the following cards.

Standard Chartered UnionPay Dual Currency Platinum Credit Card: Most Accessible UnionPay Miles Card

  • UnionPay perks w/ just HK$96k min. income req.
  • Promotions:
  • Annual Fee: HK$1,800, 1st yr waiver
  • 0.04 miles per HK$1 spend
  • Dual Currency: HKD and RMB spend separately billed
  • Low 1% foreign currency transaction fees
  • UnionPay & The Good Life Year-Round offers
Standard Chartered UnionPay Dual Currency Platinum Credit Card is one of the most accessible UnionPay cards, with a minimum income requirement of HK$96k–far below the market standard requirement of HK$150,000k. Even though it is relatively accessible, cardholders enjoy convenient perks like separate billing for HKD and RMB spend & reduced foreign currency transaction fees. Consumers also earn a flat rate of 0.04 miles per HK$1 local and overseas spend. While this is an admittedly low rate, cardholders never have to worry about optimising for category or location-based rewards.


Consumers should be aware, however, that SC UnionPay DC Platinum Card's relatively high annual fee of HK$1,800 is waived for just 1 year. Nonetheless, Standard Chartered UnionPay Dual Currency Platinum is still a simple option for everyday consumers to earn miles with nearly every transaction.

  • Stand-Out: UnionPay perks w/ just HK$96k min. income req.
  • Promotions:
  • Annual Fee: HK$1,800, 1st yr waiver
  • 0.04 miles per HK$1 spend
  • Dual Currency: HKD and RMB spend separately billed
  • Low 1% foreign currency transaction fees
  • UnionPay & The Good Life Year-Round offers
Standard Chartered UnionPay Dual Currency Platinum Credit Card is one of the most accessible UnionPay cards, with a minimum income requirement of HK$96k–far below the market standard requirement of HK$150,000k. Even though it is relatively accessible, cardholders enjoy convenient perks like separate billing for HKD and RMB spend & reduced foreign currency transaction fees. Consumers also earn a flat rate of 0.04 miles per HK$1 local and overseas spend. While this is an admittedly low rate, cardholders never have to worry about optimising for category or location-based rewards.


Consumers should be aware, however, that SC UnionPay DC Platinum Card's relatively high annual fee of HK$1,800 is waived for just 1 year. Nonetheless, Standard Chartered UnionPay Dual Currency Platinum is still a simple option for everyday consumers to earn miles with nearly every transaction.

Best UnionPay Card for Luxury Perks

Consumers looking to travel in luxury should look into the cards below.

EarnMORE UnionPay Diamond Card: Highest Flat Cashback + Accessible Luxury Perks

  • Flat 2% rebate w/ complimentary lounge access
  • Promotions: Receive HK$500 cashback w/ HK$8.5k min. spend in 1st 3mo, OR:
  • Receive Panasonic Air Freshener w/ HK$8.5k spend in 1st 3mo, OR:
  • Receive OTO Neck Loose Massager w/ HK$8.5k spend in 1st 3mo
  • Up to HK$90k interest & fee-free instalment plan
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
  • Annual fee: HK$800/yr, 2-yr waiver
  • 2% cashback on local, overseas & online spend
  • Foreign currency transaction fees waived
  • Discounted limousine service & up to 3 free lounge visits/yr
EarnMORE UnionPay Diamond Card is great for consumers who want to earn at one of the highest flat cashback rates available while still having access to convenient, luxury travel perks. In addition to earning 2% cashback on all spend, cardholders also enjoy up to 3 free lounge visits per year (with HK$12k spend in 2 months) and discounted limousine service.


Cardholders also enjoy a foreign transaction fee waiver–though unlike most other UnionPay cards, EarnMore Diamond does not have dual currency functionality. Nonetheless, cardholders still benefit from UnionPay year-round discounts with select travel, dining & entertainment merchants in Hong Kong and Macau. Altogether, EarnMORE UnionPay Diamond Card is great for regional travellers who value high, straightforward rebates and convenient perks.

  • Stand-Out: Flat 2% rebate w/ complimentary lounge access
  • Promotions: Receive HK$500 cashback w/ HK$8.5k min. spend in 1st 3mo, OR:
  • Receive Panasonic Air Freshener w/ HK$8.5k spend in 1st 3mo, OR:
  • Receive OTO Neck Loose Massager w/ HK$8.5k spend in 1st 3mo
  • Up to HK$90k interest & fee-free instalment plan
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
  • Annual fee: HK$800/yr, 2-yr waiver
  • 2% cashback on local, overseas & online spend
  • Foreign currency transaction fees waived
  • Discounted limousine service & up to 3 free lounge visits/yr
EarnMORE UnionPay Diamond Card is great for consumers who want to earn at one of the highest flat cashback rates available while still having access to convenient, luxury travel perks. In addition to earning 2% cashback on all spend, cardholders also enjoy up to 3 free lounge visits per year (with HK$12k spend in 2 months) and discounted limousine service.


Cardholders also enjoy a foreign transaction fee waiver–though unlike most other UnionPay cards, EarnMore Diamond does not have dual currency functionality. Nonetheless, cardholders still benefit from UnionPay year-round discounts with select travel, dining & entertainment merchants in Hong Kong and Macau. Altogether, EarnMORE UnionPay Diamond Card is great for regional travellers who value high, straightforward rebates and convenient perks.

ICBC Horoscope UnionPay Dual Currency Diamond Card: Highest Flat Unltd Rebate

  • Unltd. 1.5% flat cashback & free lounge access
  • Promotions: With joint application for ICBC Horoscope Visa Signature Card, receive HK$300 free spending limit w/ HK$1.5k spend with each card in 1st 2mo, OR:
  • Receive Starry Luggage w/ HK$1.5k spend w/ each card in 1st 2mo
  • Receive HK$50 free spending limit for each card w/ online application
  • Read Our Full Review
  • Annual fee: HK$1k
  • 1.5% cashback on local, overseas & online spend
  • Discounted limousine transfers & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
With ICBC Horoscope UnionPay Dual Currency Diamond Card, cardholders earn a high flat cashback rate on purchases across the board while gaining access to luxury travel perks. Consumers can enjoy an unlimited 1.5% cashback on nearly all their spend, allowing high spenders–who may otherwise be constrained by rewards caps–to earn more cashback for every purchase.


Cardholders also gain access to luxury travel perks like limo transfers in Hong Kong & mainland China at a discounted rate of HK$250, as well as up to 3 free lounge visits per year with HK$12k spend in the previous 2 months. Even more, all foreign currency transaction fees are waived and spend in HKD and RMB is billed separately. Finally, cardholders can enjoy buy-1-get-1 dining privileges at high-end local restaurants like EPURE, Aurora, and ZUMA Hong Kong. All in all, ICBC Horoscope UnionPay Dual Currency Diamond is perfect for high-spenders seeking to earn limitless rewards on their spend while also enjoying luxury travel and dining perks.

  • Stand-Out: Unltd. 1.5% flat cashback & free lounge access
  • Promotions: With joint application for ICBC Horoscope Visa Signature Card, receive HK$300 free spending limit w/ HK$1.5k spend with each card in 1st 2mo, OR:
  • Receive Starry Luggage w/ HK$1.5k spend w/ each card in 1st 2mo
  • Receive HK$50 free spending limit for each card w/ online application
  • Read Our Full Review
  • Annual fee: HK$1k
  • 1.5% cashback on local, overseas & online spend
  • Discounted limousine transfers & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
With ICBC Horoscope UnionPay Dual Currency Diamond Card, cardholders earn a high flat cashback rate on purchases across the board while gaining access to luxury travel perks. Consumers can enjoy an unlimited 1.5% cashback on nearly all their spend, allowing high spenders–who may otherwise be constrained by rewards caps–to earn more cashback for every purchase.


Cardholders also gain access to luxury travel perks like limo transfers in Hong Kong & mainland China at a discounted rate of HK$250, as well as up to 3 free lounge visits per year with HK$12k spend in the previous 2 months. Even more, all foreign currency transaction fees are waived and spend in HKD and RMB is billed separately. Finally, cardholders can enjoy buy-1-get-1 dining privileges at high-end local restaurants like EPURE, Aurora, and ZUMA Hong Kong. All in all, ICBC Horoscope UnionPay Dual Currency Diamond is perfect for high-spenders seeking to earn limitless rewards on their spend while also enjoying luxury travel and dining perks.

HSBC Pulse UnionPay Dual Currency Diamond Card: Luxury Perks + Customisable Cashback

  • Cashback personalised to your spending habits + lounge & limo
  • Promotions: Receive HK$800 cashback w/ HK$/RMB8k min. spend in 1st 2mo
  • Read Our Full Review
  • Annual fee: HK$1.8, 2-yr waiver (valid until 19 February 2020)
  • 0.4% cash rebate on general spend
  • 2.4% online & overseas w/ HK$3k spend/qtr
  • +2% bonus cashback applied across select categories
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fee waived for HKD/RMB/MOP, 1% for all other currencies
  • Discounted limousine service & up to 3 lounge visits/yr
HSBC Pulse UnionPay Dual Currency Diamond Card is an excellent option for regional travellers seeking luxury perks and cashback in their preferred categories. Similar to the structure of HSBC UnionPay Dual Currency, consumers earn a base rate of 0.4% cashback on general spend, and 2.4% cashback on their overseas and online spend with HK$3k spend in each quarter. Cardholders also receive an additional +2% bonus rebate which can be spread across the categories of overseas, mainland China & Macau, home, lifestyle, dining and entertainment. Frequent travelers can combine this allocatable bonus rebate with the heightened overseas rate to earn a highly competitive 4.4% cashback on their overseas spend.


HSBC UnionPay Dual Currency Diamond Card also offers luxury perks like up to 3 free lounge visits per year (as long as consumers meet HK$12k across the previous 2 months) and discounted limo transfer services. Additionally, consumers benefit from separate billing and waived foreign currency transaction fees for HKD, RMB and MOP spend, though spend in other foreign currencies still receives a 1% fee. This combination of perks allows for more convenient and enjoyable regional travel, especially to mainland China.

  • Stand-Out: Cashback personalised to your spending habits + lounge & limo
  • Promotions: Receive HK$800 cashback w/ HK$/RMB8k min. spend in 1st 2mo
  • Read Our Full Review
  • Annual fee: HK$1.8, 2-yr waiver (valid until 19 February 2020)
  • 0.4% cash rebate on general spend
  • 2.4% online & overseas w/ HK$3k spend/qtr
  • +2% bonus cashback applied across select categories
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fee waived for HKD/RMB/MOP, 1% for all other currencies
  • Discounted limousine service & up to 3 lounge visits/yr
HSBC Pulse UnionPay Dual Currency Diamond Card is an excellent option for regional travellers seeking luxury perks and cashback in their preferred categories. Similar to the structure of HSBC UnionPay Dual Currency, consumers earn a base rate of 0.4% cashback on general spend, and 2.4% cashback on their overseas and online spend with HK$3k spend in each quarter. Cardholders also receive an additional +2% bonus rebate which can be spread across the categories of overseas, mainland China & Macau, home, lifestyle, dining and entertainment. Frequent travelers can combine this allocatable bonus rebate with the heightened overseas rate to earn a highly competitive 4.4% cashback on their overseas spend.


HSBC UnionPay Dual Currency Diamond Card also offers luxury perks like up to 3 free lounge visits per year (as long as consumers meet HK$12k across the previous 2 months) and discounted limo transfer services. Additionally, consumers benefit from separate billing and waived foreign currency transaction fees for HKD, RMB and MOP spend, though spend in other foreign currencies still receives a 1% fee. This combination of perks allows for more convenient and enjoyable regional travel, especially to mainland China.

Best UnionPay Cards with Transport Perks

Commuters and regional travellers should seriously consider the following cards.

CCB Octopus UnionPay Dual Currency Credit Card: No-Fee Cashback + Octopus Functionality

  • Dual Octopus functionality, waived annual fee
  • Promotions: HK$300 Shell Fuel voucher w/ HK$4k spend & 1 fuel spend in 1st 3mo, OR:
  • HK$250 Octopus Cash Rebate w/ HK$4k spend & 1 Octopus Auto Reload in 1st 3mo
  • HK$100 supermarket coupon for online application
  • Read Our Full Review
  • Annual Fee: Free
  • 0.4% cashback on all spend
  • All-in-one card w/ Octopus functionality
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
CCB Octopus UnionPay Dual Currency Credit Card is an excellent maintenance-free option for Hong Kongers on the go. In addition to receiving 0.4% cashback across the board, cardholders can also enjoy the card's 2-in-1 Octopus functionality, which enables convenient tap-and-pay for rides anywhere in the Special Administrative Region. Additionally, cardholders will never have to wait in queues to reload thanks to built-in Octopus Automatic Add Value Service (AAVS).


CCB (Asia) Octopus UnionPay Dual Currency Card also offers separate billing for HKD and RMB, waives foreign transaction fees, and frequently offers discounted bus tickets & other travel perks. Even better, consumers never have to pay an annual fee, making the card completely maintenance-free.

  • Stand-Out: Dual Octopus functionality, waived annual fee
  • Promotions: HK$300 Shell Fuel voucher w/ HK$4k spend & 1 fuel spend in 1st 3mo, OR:
  • HK$250 Octopus Cash Rebate w/ HK$4k spend & 1 Octopus Auto Reload in 1st 3mo
  • HK$100 supermarket coupon for online application
  • Read Our Full Review
  • Annual Fee: Free
  • 0.4% cashback on all spend
  • All-in-one card w/ Octopus functionality
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
CCB Octopus UnionPay Dual Currency Credit Card is an excellent maintenance-free option for Hong Kongers on the go. In addition to receiving 0.4% cashback across the board, cardholders can also enjoy the card's 2-in-1 Octopus functionality, which enables convenient tap-and-pay for rides anywhere in the Special Administrative Region. Additionally, cardholders will never have to wait in queues to reload thanks to built-in Octopus Automatic Add Value Service (AAVS).


CCB (Asia) Octopus UnionPay Dual Currency Card also offers separate billing for HKD and RMB, waives foreign transaction fees, and frequently offers discounted bus tickets & other travel perks. Even better, consumers never have to pay an annual fee, making the card completely maintenance-free.

Bank of Communications CUP Dual Currency Diamond Credit Card: No-Fee Perks + Transport Convenience

  • Complimentary lounge & discounted limo, no annual fee
  • Promotions: With joint application for BOC Visa Platinum Card, receive up to HK$300 cashback with HKD or CNY 6k spend within 1st 3mo, OR:
  • Receive Hedgren Backpack with HKD or CNY 4.5k spend within 1st 3mo, OR:
  • Receive HK$338 Cross Border SIM & HK$500 Handset Coupon with HKD or CNY 4.5k spend within 1st 3mo
  • Annual Fee: Free
  • 0.167 miles per HK$1 China and overseas spend
  • 0.083 miles per HK$1 local spend
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • Discounted limousine service & up to 3 lounge visits/year
Bank of Communications CUP Dual Currency Diamond Credit Card is ideal for Hong Kongers who want discounts on their daily commute, but also want affordable access to travel conveniences and perks. To begin with, cardholders earn 0.083 miles per HK$1 local spend and 0.167 miles in China & overseas. In terms of transit, consumers can also save on their commute with frequently offered bonus rebates on cross-border and public transportation. Bank of Communications CUP DC Diamond Card also has UnionPay QuickPass functionality for specific bus, metro, and speed rail lines, making the card even more convenient.


Other card perks include separate billing for HKD and RMB spend, waived foreign transaction fees, discounted limo transfer services and 3 free lounge visits per year (with spend of HK$12k over the previous 2 months). These perks are especially attractive given consumers never have to pay an annual fee. Ultimately, Bank of Communications CUP Dual Currency Diamond Card provides both affordable access to luxury and discounts on public transport.

  • Stand-Out: Complimentary lounge & discounted limo, no annual fee
  • Promotions: With joint application for BOC Visa Platinum Card, receive up to HK$300 cashback with HKD or CNY 6k spend within 1st 3mo, OR:
  • Receive Hedgren Backpack with HKD or CNY 4.5k spend within 1st 3mo, OR:
  • Receive HK$338 Cross Border SIM & HK$500 Handset Coupon with HKD or CNY 4.5k spend within 1st 3mo
  • Annual Fee: Free
  • 0.167 miles per HK$1 China and overseas spend
  • 0.083 miles per HK$1 local spend
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • Discounted limousine service & up to 3 lounge visits/year
Bank of Communications CUP Dual Currency Diamond Credit Card is ideal for Hong Kongers who want discounts on their daily commute, but also want affordable access to travel conveniences and perks. To begin with, cardholders earn 0.083 miles per HK$1 local spend and 0.167 miles in China & overseas. In terms of transit, consumers can also save on their commute with frequently offered bonus rebates on cross-border and public transportation. Bank of Communications CUP DC Diamond Card also has UnionPay QuickPass functionality for specific bus, metro, and speed rail lines, making the card even more convenient.


Other card perks include separate billing for HKD and RMB spend, waived foreign transaction fees, discounted limo transfer services and 3 free lounge visits per year (with spend of HK$12k over the previous 2 months). These perks are especially attractive given consumers never have to pay an annual fee. Ultimately, Bank of Communications CUP Dual Currency Diamond Card provides both affordable access to luxury and discounts on public transport.

CCB UnionPay Dual Currency Credit Card: Cross-Border Bus Discounts & FX Fee Waiver

  • Discounted cross-border bus tickets & no annual fee
  • Promotions:
  • Annual Fee: Free
  • 0.067 miles per HK$1 spend on local retail, overseas and online
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • Cross-border bus discounts
Consumers looking for a no-fee miles card with convenient regional perks should consider the CCB (Asia) UnionPay Dual Currency Credit Card. In addition to earning 0.067 miles per HK$1 spend on nearly every transaction, cardholders enjoy separate billing for their HKD and RMB spend as well as a waived foreign currency transaction fee, making spend abroad as convenient as it is in Hong Kong. Other travel-related perks, like cross border bus discounts, are also frequently offered. Since CCB (Asia) UnionPay DC Credit Card is offered with no annual fee, consumers can enjoy these convenient perks and miles rewards for free.
  • Stand-Out: Discounted cross-border bus tickets & no annual fee
  • Promotions:
  • Annual Fee: Free
  • 0.067 miles per HK$1 spend on local retail, overseas and online
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • Cross-border bus discounts
Consumers looking for a no-fee miles card with convenient regional perks should consider the CCB (Asia) UnionPay Dual Currency Credit Card. In addition to earning 0.067 miles per HK$1 spend on nearly every transaction, cardholders enjoy separate billing for their HKD and RMB spend as well as a waived foreign currency transaction fee, making spend abroad as convenient as it is in Hong Kong. Other travel-related perks, like cross border bus discounts, are also frequently offered. Since CCB (Asia) UnionPay DC Credit Card is offered with no annual fee, consumers can enjoy these convenient perks and miles rewards for free.

ICBC UnionPay Dual Currency Platinum Card: Choice of Rewards + Shenzhen Tong Functionality

  • Shenzhen Tong dual functionality + cashback OR miles
  • Promotions: With joint application for ICBC Visa Signature or Global Travel Platinum Card, get 2 MCL movie tickets
  • Annual Fee: HK$1k
  • 0.125 PhoenixMiles per HK$1 spend
  • Note: 1 PhoenixMile is worth approximately 0.5 Asia Miles
  • Alternative Rewards Option: 0.50% cashback
  • All-in-one card w/ Shenzhen Tong functionality
  • HKD and RMB spend separately billed & all foreign currency transaction fees waived
ICBC UnionPay Dual Currency Platinum Card is great for business travellers frequenting Shenzheng who want rewards that fit their lifestyle. Cardholders have the option of earning either 0.125 PhoenixMiles per HK$1 spend or 0.50% cashback. Although PhoenixMiles have just half the value of Asia Miles, consumers can still take advantage of the flexibility to pick the rewards that best fit their habits. For reference, many competitor cards do not offer a choice between rewards. ICBC UP DC Platinum Card also comes with built-in Shenzhen Tong functionality, so cardholders can simply tap their card to pay for rides on Shenzhen Metro, designated public vehicles and the Guangzhou-Shenzhen Railway. Additional perks like separate billing for HKD and RMB spend and waived foreign currency exchange fees further simplify regional trave. Altogether, ICBC UP DC Platinum Card offers regional travellers their choice of rewards as well as convenience on public transport in Shenzhen.
  • Stand-Out: Shenzhen Tong dual functionality + cashback OR miles
  • Promotions: With joint application for ICBC Visa Signature or Global Travel Platinum Card, get 2 MCL movie tickets
  • Annual Fee: HK$1k
  • 0.125 PhoenixMiles per HK$1 spend
  • Note: 1 PhoenixMile is worth approximately 0.5 Asia Miles
  • Alternative Rewards Option: 0.50% cashback
  • All-in-one card w/ Shenzhen Tong functionality
  • HKD and RMB spend separately billed & all foreign currency transaction fees waived
ICBC UnionPay Dual Currency Platinum Card is great for business travellers frequenting Shenzheng who want rewards that fit their lifestyle. Cardholders have the option of earning either 0.125 PhoenixMiles per HK$1 spend or 0.50% cashback. Although PhoenixMiles have just half the value of Asia Miles, consumers can still take advantage of the flexibility to pick the rewards that best fit their habits. For reference, many competitor cards do not offer a choice between rewards. ICBC UP DC Platinum Card also comes with built-in Shenzhen Tong functionality, so cardholders can simply tap their card to pay for rides on Shenzhen Metro, designated public vehicles and the Guangzhou-Shenzhen Railway. Additional perks like separate billing for HKD and RMB spend and waived foreign currency exchange fees further simplify regional trave. Altogether, ICBC UP DC Platinum Card offers regional travellers their choice of rewards as well as convenience on public transport in Shenzhen.

Dah Sing Autotoll E-Serve CUP Dual Currency Diamond Card: Perks for Cross-Border Highway Drivers

  • Easy waivers for Autotoll & Unitoll service fees
  • Promotions: 1st 12 mo Autotoll Admin Fee & Unitoll Service Fee Rebate (HK$600 Value)
  • Free Unitoll On Board Unit (HK$450 value)
  • HK$50 Shopping Coupon w/ online application
  • Annual Fee: HK$1.8k, 3-yr waiver
  • 0.40% cashback on transactions of HK$250 or above
  • HK$35 monthly Autotoll admin fee rebate w/ HK$3.5k spend/mo in HK & abroad (ex. China)
  • HK$15 monthly Unitoll Service fee rebate w/ RMB3.5k monthly spend in China
  • Unitoll functionality & discounted limo service & up to 3 lounge visits/yr
  • HKD and RMB spend separately billed & foreign currency transaction fees waived
Frequent cross-border drivers should consider Dah Sing Autotoll E-Serve CUP Dual Currency Diamond Card for convenient toll road access and easy service fee rebates. While consumers earn just 0.40% cashback on transactions of HK$250 or more, drivers can benefit from using the card to drive straight through all electronic toll collection, self-service lane and manual toll roads in China, with toll fees automatically deducted from their Autotoll account. Even better, consumers can enjoy a monthly HK$35 Autotoll administration fee rebate with HKS$3,500 monthly spend and HK$15 Unitoll service fee rebate with RMB3,500 monthly spend in China. These rebates, which favour cross-border drivers, add up to a potential HK$600 per year–and the embedded Automatic Top-up Service for the card even allows consumers to earn rewards for refilling their Autotoll account.


Cardholders also enjoy perks like discounted limo services in Hong Kong and China, up to 3 free lounge visits per year, waived foreign transaction fees and separate billing for HKD and RMB spend. Altogether, Dah Sing Autotoll E-Serve CUP DC Diamond Card’s perks and features provide cardholders with an easier and more rewarding driving experience both in Hong Kong and mainland China.

  • Stand-Out: Easy waivers for Autotoll & Unitoll service fees
  • Promotions: 1st 12 mo Autotoll Admin Fee & Unitoll Service Fee Rebate (HK$600 Value)
  • Free Unitoll On Board Unit (HK$450 value)
  • HK$50 Shopping Coupon w/ online application
  • Annual Fee: HK$1.8k, 3-yr waiver
  • 0.40% cashback on transactions of HK$250 or above
  • HK$35 monthly Autotoll admin fee rebate w/ HK$3.5k spend/mo in HK & abroad (ex. China)
  • HK$15 monthly Unitoll Service fee rebate w/ RMB3.5k monthly spend in China
  • Unitoll functionality & discounted limo service & up to 3 lounge visits/yr
  • HKD and RMB spend separately billed & foreign currency transaction fees waived
Frequent cross-border drivers should consider Dah Sing Autotoll E-Serve CUP Dual Currency Diamond Card for convenient toll road access and easy service fee rebates. While consumers earn just 0.40% cashback on transactions of HK$250 or more, drivers can benefit from using the card to drive straight through all electronic toll collection, self-service lane and manual toll roads in China, with toll fees automatically deducted from their Autotoll account. Even better, consumers can enjoy a monthly HK$35 Autotoll administration fee rebate with HKS$3,500 monthly spend and HK$15 Unitoll service fee rebate with RMB3,500 monthly spend in China. These rebates, which favour cross-border drivers, add up to a potential HK$600 per year–and the embedded Automatic Top-up Service for the card even allows consumers to earn rewards for refilling their Autotoll account.


Cardholders also enjoy perks like discounted limo services in Hong Kong and China, up to 3 free lounge visits per year, waived foreign transaction fees and separate billing for HKD and RMB spend. Altogether, Dah Sing Autotoll E-Serve CUP DC Diamond Card’s perks and features provide cardholders with an easier and more rewarding driving experience both in Hong Kong and mainland China.

ICBC Greater Bay Area Dual Currency Diamond Card: Discounts & Convenience Regardless of Travel Method

  • Ferry ticket discounts, lounge & limo perks
  • Promotions: With joint application for ICBC Greater Bay Area World Mastercard, receive HK$300 free spending limit w/ HK$1.5k spend with each card in 1st 2mo, OR:
  • Starry Luggage w/ HK$1.5k spend with each card in 1st 2mo
  • Receive HK$50 free spending limit for each card w/ online application
  • Annual Fee: HK$1.9k
  • 0.50% cashback for local retail, online and overseas spend
  • Discounted limousine service & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
ICBC Greater Bay Area Dual Currency Diamond Card offers luxury perks on travel, regardless of how you're planning to get to your final destination. Cardholders can frequently enjoy savings on Hong Kong–Macau ferry tickets, discounted limo transfers and up to 3 free lounge visits per year (with a HK$12k spend requirement over the previous 2 months). These complimentary visits apply not only to airport lounges, but also to high-speed railway stations, which is rather rare for UnionPay cards. Whether you’re travelling by ferry, plane or train, ICBC Greater Bay Area DC Diamond Card offers perks that make the journey more enjoyable and affordable.


In addition to its great transport perks, cardholders can also enjoy 0.5% flat cashback on local retail, overseas and online spend. Consumers also enjoy separate billing for their HKD and RMB spend, and waived foreign transaction fees for spend overseas. Overall, frequent regional travellers may benefit most from its variety of luxury travel perks.

  • Stand-Out: Ferry ticket discounts, lounge & limo perks
  • Promotions: With joint application for ICBC Greater Bay Area World Mastercard, receive HK$300 free spending limit w/ HK$1.5k spend with each card in 1st 2mo, OR:
  • Starry Luggage w/ HK$1.5k spend with each card in 1st 2mo
  • Receive HK$50 free spending limit for each card w/ online application
  • Annual Fee: HK$1.9k
  • 0.50% cashback for local retail, online and overseas spend
  • Discounted limousine service & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
ICBC Greater Bay Area Dual Currency Diamond Card offers luxury perks on travel, regardless of how you're planning to get to your final destination. Cardholders can frequently enjoy savings on Hong Kong–Macau ferry tickets, discounted limo transfers and up to 3 free lounge visits per year (with a HK$12k spend requirement over the previous 2 months). These complimentary visits apply not only to airport lounges, but also to high-speed railway stations, which is rather rare for UnionPay cards. Whether you’re travelling by ferry, plane or train, ICBC Greater Bay Area DC Diamond Card offers perks that make the journey more enjoyable and affordable.


In addition to its great transport perks, cardholders can also enjoy 0.5% flat cashback on local retail, overseas and online spend. Consumers also enjoy separate billing for their HKD and RMB spend, and waived foreign transaction fees for spend overseas. Overall, frequent regional travellers may benefit most from its variety of luxury travel perks.

ICBC KMB UnionPay Dual Currency Diamond Card: KMB Discounts + Lux Perks

  • Discounted KMB fares & 3 complimentary lounge visits
  • Promotions: Receive HK$300 KMB Online Shop coupon w/ HK$/RMB3k spend in 1st 2mo, OR:
  • KMB Edition Monopoly w/ HK$/RMB3k spend in 1st 2mo
  • Receive HK$50 free spending limit w/ online application
  • Annual Fee: HK$1.9k
  • 0.50% cashback on local retail, online and overseas purchases
  • Discounted limo service & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
Kowloon Motor Bus (KMB) frequent riders seeking access to luxury perks should consider ICBC KMB UnionPay Dual Currency Diamond Card. On top of a flat 0.50% rebate on nearly all of their spend, cardholders receive perks like 15% off at KMB stores. ICBC KMB UP DC Diamond Card is also a partner card with KMB, and as such frequently offers travel promotions like deals on KMB bus fare and China Travel Services Hong Kong–Macau ferry tickets.


Cardholders also enjoy luxury perks like discounted limo service in Hong Kong and China and 3 complimentary lounge visits per year, making flights all the more enjoyable. Finally, consumers also receive the usual conveniences of UnionPay, including separate billing for their HKD and RMB spend and waived foreign transaction fees overseas. Altogether, ICBC KMB UP DC Diamond Card allows KMB loyalists convenient perks and discounts while they enjoy their local and international travels.

  • Stand-Out: Discounted KMB fares & 3 complimentary lounge visits
  • Promotions: Receive HK$300 KMB Online Shop coupon w/ HK$/RMB3k spend in 1st 2mo, OR:
  • KMB Edition Monopoly w/ HK$/RMB3k spend in 1st 2mo
  • Receive HK$50 free spending limit w/ online application
  • Annual Fee: HK$1.9k
  • 0.50% cashback on local retail, online and overseas purchases
  • Discounted limo service & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
Kowloon Motor Bus (KMB) frequent riders seeking access to luxury perks should consider ICBC KMB UnionPay Dual Currency Diamond Card. On top of a flat 0.50% rebate on nearly all of their spend, cardholders receive perks like 15% off at KMB stores. ICBC KMB UP DC Diamond Card is also a partner card with KMB, and as such frequently offers travel promotions like deals on KMB bus fare and China Travel Services Hong Kong–Macau ferry tickets.


Cardholders also enjoy luxury perks like discounted limo service in Hong Kong and China and 3 complimentary lounge visits per year, making flights all the more enjoyable. Finally, consumers also receive the usual conveniences of UnionPay, including separate billing for their HKD and RMB spend and waived foreign transaction fees overseas. Altogether, ICBC KMB UP DC Diamond Card allows KMB loyalists convenient perks and discounts while they enjoy their local and international travels.

Best UnionPay Insurance Cards

These cards provide perks and convenience for policyholders with specific providers.

CCB AIA UnionPay Diamond Credit Card: Luxury for AIA Policyholders

  • AIA Insurance Instalments & 3 free lounge visits/yr
  • Promotions: Buy 1 Get 1 Free movie tickets at UA Cinemas
  • Receive HK$400 cashback w/ HK$5k min. spend in 1st 3mo
  • Annual Fee: Free
  • 0.067 miles per HK$1 spend on local retail, overseas and online
  • Discounted limousine service & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • AIA Insurance Premium Installment Plan
CCB AIA UnionPay Diamond Credit Card is an excellent choice for AIA policyholders seeking luxury perks. Cardholders earn 0.067 miles per HK$1 spend on nearly every transaction including–unlike most cards–online bill payments. As a co-branded card with AIA, consumers also enjoy a 6, 9, 12, or 18-month installment plan when subscribing to a new or renewal insurance policy, allowing consumers to better spread out the initial cost of their insurance protection.


In terms of perks, consumers receive access to discounted limo transfer services, up to 3 complimentary lounge visits with HK$12k spend in 2 consecutive months, and discounted green fees in China, Japan, Malaysia and more. These luxury perks, coupled with waived foreign currency exchange fees and separate billing for HKD and RMB transactions, ease stress and provide high-end convenience for frequent travellers.

  • Stand-Out: AIA Insurance Instalments & 3 free lounge visits/yr
  • Promotions: Buy 1 Get 1 Free movie tickets at UA Cinemas
  • Receive HK$400 cashback w/ HK$5k min. spend in 1st 3mo
  • Annual Fee: Free
  • 0.067 miles per HK$1 spend on local retail, overseas and online
  • Discounted limousine service & up to 3 free lounge visits/yr
  • Dual Currency: HKD and RMB spend separately billed
  • Foreign currency transaction fees waived
  • AIA Insurance Premium Installment Plan
CCB AIA UnionPay Diamond Credit Card is an excellent choice for AIA policyholders seeking luxury perks. Cardholders earn 0.067 miles per HK$1 spend on nearly every transaction including–unlike most cards–online bill payments. As a co-branded card with AIA, consumers also enjoy a 6, 9, 12, or 18-month installment plan when subscribing to a new or renewal insurance policy, allowing consumers to better spread out the initial cost of their insurance protection.


In terms of perks, consumers receive access to discounted limo transfer services, up to 3 complimentary lounge visits with HK$12k spend in 2 consecutive months, and discounted green fees in China, Japan, Malaysia and more. These luxury perks, coupled with waived foreign currency exchange fees and separate billing for HKD and RMB transactions, ease stress and provide high-end convenience for frequent travellers.

ICBC AXA UnionPay Dual Currency Platinum Card: Miles for AXA Insurance Premium

  • PhoenixMiles for AXA Insurance premium payments
  • Promotions: With joint application for ICBC AXA Platinum Mastercard, receive HK$600 free credit spending limit w/ HK$3k spend with each card in 1st 2mo
  • Receive HK$50 free spending limit for each card w/ online application
  • Annual Fee: HK$1k
  • 0.125 PhoenixMiles (1 pt) per HK$1 general spend & for payment of AXA insurance premium
  • Note: 1 PhoenixMile is worth approximately 0.5 Asia Miles
  • VIP lounge service access at airports & high-speed railway stations
  • HKD and RMB spend separately billed & all foreign currency transaction fees waived
  • 12-mo AXA premium installment plan
AXA insurance policy holders should consider ICBC AXA UnionPay Dual Currency Platinum Card for rewards on their premium payments and travel convenience. Cardholders earn 0.125 PhoenixMiles per HK$1 general spend. Consumers also earn this same PhoenixMiles rate on their insurance premium payments, unlike the majority of competing cards. Consumers should note, however, that PhoenixMiles are roughly half as valuable as the market standard Asia Miles reward.


Other convenient perks include separate billing on HKD and RMB spend as well as waived foreign currency exchange fees, so cardholders enjoy hassle-free transactions abroad. What’s more, consumers enjoy privileged prices for green fees at select golf courses including Zhuhai International Golf, Dagangshan Golf Course and more. Finally, consumers receive free VIP lounge access at over 1000 global LoungeKey locations both at airports and high-speed railway stations. Ultimately, frequent travellers with AXA insurance policies can enjoy luxurious golf and travel perks while also being rewarded on their insurance premium payments with ICBC AXA UP DC Platinum Card.

  • Stand-Out: PhoenixMiles for AXA Insurance premium payments
  • Promotions: With joint application for ICBC AXA Platinum Mastercard, receive HK$600 free credit spending limit w/ HK$3k spend with each card in 1st 2mo
  • Receive HK$50 free spending limit for each card w/ online application
  • Annual Fee: HK$1k
  • 0.125 PhoenixMiles (1 pt) per HK$1 general spend & for payment of AXA insurance premium
  • Note: 1 PhoenixMile is worth approximately 0.5 Asia Miles
  • VIP lounge service access at airports & high-speed railway stations
  • HKD and RMB spend separately billed & all foreign currency transaction fees waived
  • 12-mo AXA premium installment plan
AXA insurance policy holders should consider ICBC AXA UnionPay Dual Currency Platinum Card for rewards on their premium payments and travel convenience. Cardholders earn 0.125 PhoenixMiles per HK$1 general spend. Consumers also earn this same PhoenixMiles rate on their insurance premium payments, unlike the majority of competing cards. Consumers should note, however, that PhoenixMiles are roughly half as valuable as the market standard Asia Miles reward.


Other convenient perks include separate billing on HKD and RMB spend as well as waived foreign currency exchange fees, so cardholders enjoy hassle-free transactions abroad. What’s more, consumers enjoy privileged prices for green fees at select golf courses including Zhuhai International Golf, Dagangshan Golf Course and more. Finally, consumers receive free VIP lounge access at over 1000 global LoungeKey locations both at airports and high-speed railway stations. Ultimately, frequent travellers with AXA insurance policies can enjoy luxurious golf and travel perks while also being rewarded on their insurance premium payments with ICBC AXA UP DC Platinum Card.

Best UnionPay Credit Card for AEON Shoppers

This card is perfect for frequent AEON shoppers seeking a card convenient for regional travel.

AEON UnionPay Credit Card: No-Fee Discounts for AEON Loyalists

  • Complimentary AEON Membership w/ special monthly deals
  • Promotions: Receive 3% cashback in 1st 2mo on spend (max HK$500), OR:
  • Receive interest-free card instalment plan
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
  • Annual Fee: Free
  • 0.064 miles per HK$1 spend at AEON Stores, 0.032 miles on general spend
  • 5% discount at AEON on Thanksgiving Days (2nd & 20th of every mo)
  • Complimentary AEON membership and discounts
  • Waived foreign currency transaction fees & transactions made in mainland China settled in HKD
AEON UnionPay Credit Card AEON UnionPay Credit Card is a no-fee option for AEON patrons to conveniently earn rewards while shopping both locally and in China. Cardholders earn 0.032 miles per HK$1 spend on everyday purchases, enhanced to 0.064 miles at AEON stores. Consumers also receive a 5% discount at AEON locations during Thanksgiving Days (the 2nd & 20th of every month) and year-round membership discounts at AEON Stores. With the wide variety of AEON Stores, cardholders can benefit from these discounts on nearly all of their fashion, grocery, cosmetics and home goods purchases.


Since AEON UP Card is offered with a permanent annual fee waiver, consumers save and earn miles on their daily purchases without worrying about additional costs. As with most UnionPay cards, consumers receive waived foreign currency transaction fees; although instead of separate billing, all RMB spend is simply settled in HKD. Altogether, AEON UnionPay Card offers brand loyalists maintenance-free savings without having to worry about added fees or inconvenience overseas.

  • Stand-Out: Complimentary AEON Membership w/ special monthly deals
  • Promotions: Receive 3% cashback in 1st 2mo on spend (max HK$500), OR:
  • Receive interest-free card instalment plan
  • Receive HK$100 cashback w/ online application
  • Read Our Full Review
  • Annual Fee: Free
  • 0.064 miles per HK$1 spend at AEON Stores, 0.032 miles on general spend
  • 5% discount at AEON on Thanksgiving Days (2nd & 20th of every mo)
  • Complimentary AEON membership and discounts
  • Waived foreign currency transaction fees & transactions made in mainland China settled in HKD
AEON UnionPay Credit Card is a no-fee option for AEON patrons to conveniently earn rewards while shopping both locally and in China. Cardholders earn 0.032 miles per HK$1 spend on everyday purchases, enhanced to 0.064 miles at AEON stores. Consumers also receive a 5% discount at AEON locations during Thanksgiving Days (the 2nd & 20th of every month) and year-round membership discounts at AEON Stores. With the wide variety of AEON Stores, cardholders can benefit from these discounts on nearly all of their fashion, grocery, cosmetics and home goods purchases.


Since AEON UP Card is offered with a permanent annual fee waiver, consumers save and earn miles on their daily purchases without worrying about additional costs. As with most UnionPay cards, consumers receive waived foreign currency transaction fees; although instead of separate billing, all RMB spend is simply settled in HKD. Altogether, AEON UnionPay Card offers brand loyalists maintenance-free savings without having to worry about added fees or inconvenience overseas.

Jacob Weiss

Jacob is a Junior Research Analyst at ValueChampion, focusing on credit cards and other consumer financial products. Previously, he covered hedge funds and long only products for Cambridge Associates. He holds a B.S. in Finance from the University of Maryland and has passed Level 1 of the CFA exam.