HSBC business credit card in Hong Kong: Your complete guide
If you run a small business in Hong Kong, you’ve likely encountered the challenge of securing suitable credit options to optimize cash flow. Among all options available, the HSBC Business Credit Card might be one of the top choices because of the brand name.
Being the largest bank in Hong Kong1, HSBC is a household name to both personal and business customers. With its wide range of products, the bank offers pretty much everything your business might need. At the same time, due to its long‑established and lengthy account‑opening procedures, you might also find yourself wary of the cost and complexities.
You’re in the right place. This guide covers everything you need to know about an HSBC business credit card, including its offers, its fees, and even its pitfalls. This article won’t stop just there: you will also find another good combination with HSBC credit card: Wise.
Why a business credit card is essential for Hong Kong businesses
Before exploring HSBC Business credit cards altogether, let’s dive in why you need a business credit card at all when running a business in Hong Kong.
A business credit card works so much like how a personal credit card works – allowing you to pay for expenses without heavily relying on cash. A business card is meant to pay for business-related expenses, aiming to give your business much more financial leverage and flexibility.
It is also true that it is quite common for many business owners to use their personal credit cards to sustain these funds while the business just starts out. As your business grows, you will find out that separating personal and business finances has many more benefits, like building credit score for your business and simplifying your tax filling process.
Understanding HSBC business credit cards for business
As mentioned above, HSBC is the largest bank in Hong Kong, so the bank itself has impressive banking infrastructure and a good reputation within the city. That also means successfully opening an HSBC Business Banking Credit Card grants you access to advanced security and reliable financial services. And your business can be associated with a bank that is a globally recognized brand.
Here’s a quick glance at the HSBC business credit card lineup and what each card may suit:
| Product type | Good for | Benefits |
|---|---|---|
| HSBC Business Mastercard®2 | Everyday business expenses of small-to-medium businesses. |
|
| HSBC RMB Business Card3 | Businesses that frequently spend in RMB. |
|
| HSBC Corporate Mastercard®4 | Large corporation and firms |
|
| HSBC Purchasing Mastercard®5 | Businesses which have high-volume and frequent B2B transactions. |
|
Understanding HSBC business credit card fees & requirements
No matter which card you choose, using an HSBC business credit card comes with fees. When you open an HSBC business credit card, you may incur the following charges6:
| Category | Fees |
|---|---|
| Annual fees (per cardholder) |
|
| Foreign currency transaction fee | 0.95% (0.75% for Purchasing Card) + 1% charged by Visa/MasterCard. |
| Cash advance fee |
|
| Transaction fee |
|
Whichever type of HSBC business card you choose, it is important to pay attention to the Annualised Percentage Rate (APR). In simple terms, APR is the cost of borrowing money from the bank. If you do not pay off your card balance in full, you will be charged this rate.
Here is a summary of HSBC business credit card APRs6:
| Type of Card | APR |
|---|---|
| Business Card/RMB Business Card |
|
| HSBC Corporate Mastercard® |
|
| HSBC Purchasing Mastercard® |
|
Navigating the HSBC business credit card opening process in Hong Kong
Eligibility and account types
Depending on what type of credit card you choose, you will need to follow a set of different requirements. But there are still some common themes among all the requirements.
For example, many HSBC business credit cards in Hong Kong only allow businesses registered in Hong Kong to apply for them. There normally will be credit and compliance checks you need to pass as well, so make sure your business’s financial status is healthy.
It is worth noting that the final decision will be subject under many different circumstances, and HSBC will reserve all the right to reject your business credit card application.
Application process for an HSBC business credit card
If you’d like to apply for HSBC Corporate Mastercard® or HSBC Purchasing Mastercard, you should make an appointment by calling +852 2748 43434, 5.
If you like the sound of the HSBC Business Mastercard® or the HSBC RMB Business Card, you can apply remotely via Business Internet Banking (BIB). If you’d prefer a face‑to‑face process, you can apply using a paper form.
In short, there are actually two ways to apply for one of these two HSBC business credit Card:
- Via Business Internet Banking (BIB)
- By submitting a paper application form
Here is a simple way to register for a business credit card:
Method 1: Apply via HSBC’s BIB
- Register for an HSBC Hong Kong Business Account, also known as a Business Internet Banking account.
- Log in and select “Card Services”, then choose “Card Application.”
- Select your preferred business credit card type and click “Apply now.”
- Prepare the required documents in advance.
- Carefully review all remarks and requirements, then click “Start online application.”
- Follow the on-screen instructions to complete and submit your application.
Method 2: Submit a Paper Application Form
- Download the Business Card Application Form
- Provide all the information on the form
- Submit this form to the nearest HSBC Business Centres
In general, having two flexible application options makes applying for an HSBC Business Credit Card quick and convenient – simply choose the method that works best for you.
Once your credit card is approved and returned to you, sign the back of your card and activate your card via the HSBC HK App or call +852 3163 0688.
International Transactions Simplified with Wise
Is your business frequently making international transactions? HSBC is indeed a great choice to pay for those local expenditures, but you might not be able to see the same thing when it comes to international transactions. There are two scenarios to consider:
Scenario 1: Paying Overseas Suppliers
Just like a personal credit card, you can always pay for foreign transactions with HSBC business credit card. But be aware that using credit cards out of Hong Kong or mainland China might come with a higher fee.
That’s why you should add Wise into your financial management tool packs. You can easily make cross-border transfers to your suppliers in over 140 countries. 74% of transfers are completed in under 20 seconds. Plus, you will see the total cost before you make any payment, providing transparency on costs upfront.
Scenario 2: Receiving International Payments
Not only can you send money overseas, but you can also receive payments directly into your Wise account. If you receive funds in a foreign currency and wish to convert them into HKD, Wise offers mid-market exchange rates, saving your business conversion costs.
Learn more about Wise Business
Frequently asked questions (FAQ)
Can I use my HSBC business credit card for personal expenses?
Technically, you can use an HSBC business credit card for any type of expense. However, this is strongly discouraged, as it can complicate your accounting records. During tax audits or filing seasons, mixed personal and business expenses make it much more difficult to track transactions and provide accurate financial documentation.
What are the typical credit limits for HSBC business credit cards?
HSBC business credit cards do not have fixed limits. HSBC will assess your business's financial health, history, and income to set a limit for your business credit card. But the minimum limits for each card are pretty standardized:
- Business MasterCard: 10,000 HKD to 50,000 HKD
- RMB Card: 30,000 RMB
Generally, business credit cards can have higher limits than personal credit cards, ranging from 10,000 HKD to over 100,000 HKD. And the HSBC business credit card’s users can apply for a review of the assigned credit limit at any time.
How do I contact the HSBC business credit card hotline for assistance?
If you have any inquiries about HSBC business credit card, you can contact HSBC Business banking through:
- HSBC Business credit card hotline: +852 2748 8288
- 24/7 Instant online chat on the website, Business Internet Banking, or the HSBC HK Business Express App.
Credit cards from HSBC Hong Kong have some strong features for businesses in Hong Kong, friendly to both SMEs and larger enterprises. Within the local market, HSBC’s credit cards are pretty great options to help build credit, paying upfront money without relying on heavy cash. But you also need to make sure to pay off your balance and be aware of the hefty APR.
As your business goes global, you might start to make global money transfers. Make sure to open a Wise Business account today to enjoy transparent and speedy global transactions. Wise can complement your HSBC business credit card for international payments.
Sources used in this article:
- HSBC HK: HSBC in Hong Kong
- HSBC HK: HSBC Business Mastercard®
- HSBC HK: HSBC RMB Business Card
- HSBC HK: HSBC Corporate Mastercard®
- HSBC HK: HSBC Purchasing Mastercard®
- HSBC HK: Complete Tariffs (Feb 2026 Issue) (PDF)
Sources last checked on 17-Jan-2026
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