Which credit card for Hong Kong trip?

The fact that Hong Kong, as a former British crown colony, continues to form a special economic zone within the People’s Republic of China, is shown not least in terms of credit cards. Regardless of whether you are in the Central District or on one of the islands that make up Hong Kong as a whole, you can almost always pay with a credit card in hotels, restaurants and larger stores.

A large number of leisure facilities also accept credit cards as a method of payment. In this respect, it makes sense to have a credit card with you when you are in Hong Kong so that you do not always have a large amount of cash with you.

Make the right choice

Make the right choice

The internationally accepted credit cards are the same in Hong Kong as in practically all other parts of the world: the market is divided between the four major providers Visa, Mastercard, Diners Club and American Express. Mostly Visa and Mastercard are accepted.

If only one credit card is to be carried, either a Visa or a Mastercard makes sense for a stay in Hong Kong. China Union Pay is a specialty. It is the only credit card company in the People’s Republic of China. However, the cards from China Union Pay are practically nowhere accepted outside the People’s Republic of China and offer no significant advantages over a Visa or Mastercard, especially for foreigners, within the People’s Republic.

Notes on using credit cards in Hong Kong

Notes on using credit cards in Hong Kong

It is important to know that when using a credit card in Hong Kong, 1% to 1.5% of the respective sales are generally charged as a fee. The reason for this lies in the fact that cash continues to be the main means of payment in Hong Kong and in other parts of the People’s Republic of China. In general, credit cards are accepted in Hong Kong, especially in upscale shops and restaurants, and in hotels. If a rental car is to be booked, a credit card is practically indispensable.

Due to the above-mentioned surcharges on booked sales, it makes sense to take a closer look at the offers of the various credit card providers before you stay in Hong Kong. In addition to the costs for using the credit card, the running costs in the form of annual fees etc. should also be included in the comparison.

Other payment options in Hong Kong

Other payment options in Hong Kong

The Hong Kong Special Economic Zone has its own currency, the Hong Kong Dollar . At least for small purchases and other everyday needs, you should always carry a reasonable amount of cash with you in Hong Kong. The same applies to tips if there is no service charge on restaurant bills. If you do not want a credit card and still do not want to carry too much cash with you, there are many places in Hong Kong to redeem travelers checks. For cash withdrawals from a current account in Germany, the fees for a Maestro card are usually significantly lower than for a Visa or Mastercard.

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