The types of welcome offers for credit cards in Hong Kong are diverse and typically vary depending on the promotional strategies of different banks or financial institutions. Below are some common types of welcome offers:
1. Cash Rebates
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Upon successful application and meeting specified conditions (such as spending amount or frequency), you can receive a cash rebate.
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Example: Spend a specified amount within the first three months to receive up to HK$1,000 cash rebate.
2. Miles Rewards
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Apply for travel-related credit cards to earn extra air miles.
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Example: Successfully apply and meet spending requirements to receive up to 10,000 air miles.
3. Gift Cards or Shopping Vouchers
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Upon successful application, you can receive supermarket gift cards, e-vouchers, or other retail vouchers.
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Example: Apply for a specified credit card to receive HK$500 supermarket vouchers.
4. Annual Fee Waiver
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Some credit cards offer a first-year annual fee waiver or even permanent fee waivers.
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Example: First-year annual fee waived upon successful application, with the fee waived for subsequent years if spending reaches a specified amount.
5. Spending Rewards
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Earn extra points, cash rebates, or miles by meeting spending requirements within a specified period.
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Example: Spend HK$5,000 within the first two months to earn an additional 5,000 points.
6. High-Interest Deposit-Linked Offers
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Some credit cards are linked to high-interest deposit accounts, offering preferential interest rates upon successful application.
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Example: Open a deposit account upon successful application to enjoy a preferential annual interest rate of up to 5%.
7. Insurance or Travel-Related Benefits
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Apply for travel or insurance-related credit cards to receive free travel insurance, airport lounge access, etc.
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Example: Receive complimentary annual travel insurance upon successful application.
8. Exclusive Spending Discounts
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Enjoy additional discounts or offers when spending at specified merchants.
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Example: Enjoy 20% off when spending at designated restaurants or retail stores.
9. Electronics or Gifts
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Receive electronic products or other physical gifts upon successful application and meeting conditions.
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Example: Apply for a specified credit card to receive Bluetooth earphones or a smartwatch.
10. Extra Points or Rewards
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Earn additional credit card points upon successful application, which can be redeemed for gifts or cash vouchers.
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Example: Earn 5x points on spending within the first three months of successful application.
Important Notes:
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Welcome offers usually come with terms and conditions, such as minimum spending requirements or application deadlines.
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Some offers may require applying through specific channels (e.g., MoneyHero) to be eligible.
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It is recommended to carefully read the relevant terms and compare the benefits of different credit cards before applying.
For more information on the latest welcome offers, visit the MoneyHero official website or relevant bank pages.