Hong Kong residents only: applicants must be at least 18, hold a valid Hong Kong identity card, a Hong Kong mobile number and proof of a Hong Kong residential address issued within the past 3 months, and already be a registered HashKey Exchange member. Applications are completed by jumping from the HashKey App to the Shanghai Commercial Bank App; no public web form is accepted. The issuer publishes no minimum income or asset threshold and states that approval is at the bank's sole discretion.
Key Profile Facts (Categorized)
Fee & Exchange Rate Structure
- Public Fee Summary
- This card has no dedicated fee schedule; the bank's general credit-card fee document applies — the application declaration states that applicants must accept the Key Facts Statement and the credit card service fee schedule. In the general fee schedule the Signature-tier annual fee is HK$2,000, but the bank has published no annual fee or waiver terms specific to this card, so this site does not treat that figure as this card's annual fee, and the "annual fee" metric on this page is therefore left as unpublished. Foreign-currency transactions are converted into Hong Kong dollars at the card network's rate on the conversion date and carry a 1.95% surcharge. Cash advances are charged at 4% of each amount, with a minimum of HK$100/RMB100; non-local JETCO ATM withdrawals cost an extra HK$25. Retail purchases carry a monthly interest rate of 2.59% (35.91% annualised) and cash advances 2.46% (35.99% annualised), with an interest-free period of up to 56 days. Other published fees: late payment fee HK$300/RMB300 or the minimum payment amount, whichever is lower; overlimit fee HK$180; returned cheque fee HK$150; paper statement HK$5 per account per month; card replacement HK$100; duplicate statement HK$50. No card issuance fee is published.
- Debit / Deduction Model
- A bank credit card (not a card that charges crypto assets directly): spending settles in Hong Kong dollars and rewards are issued as "1 point + bonus points"; points convert automatically at 250 points to HK$1 into HashKey HKD Cash Vouchers, which can be used to trade crypto assets on HashKey Exchange or to offset related fees
Application Eligibility & KYC
- KYC Identity Verification
- KYC required. Applicants must be registered HashKey Exchange members and complete that platform's KYC, and must also be at least 18, hold a Hong Kong identity card and a Hong Kong mobile number, provide proof of a Hong Kong residential address issued within the past 3 months, and may optionally provide income or asset proof from the past 3 months to speed up approval. The bank states that approval is at its sole discretion.
- Officially supported countries and regions
- Hong Kong residents only: applicants must be at least 18, hold a valid Hong Kong identity card, a Hong Kong mobile number and proof of a Hong Kong residential address issued within the past 3 months, and already be a registered HashKey Exchange member. Applications are completed by jumping from the HashKey App to the Shanghai Commercial Bank App; no public web form is accepted. The issuer publishes no minimum income or asset threshold and states that approval is at the bank's sole discretion.
Payment Compatibility & Issuer Rails
- Card Network & Rails
- Visa Signature. The bank's press release says it is supported by Visa's global payment network, and the card tier is labelled Signature; the terms do not separately identify a BIN sponsor
- Issuer Arrangement / Payment Rails
- Shanghai Commercial Bank Limited (Hong Kong, a bank licensed by the HKMA); HashKey Exchange does not provide banking or credit services. The card BIN is not published, and this page does not speculate on it.
- Apple Pay / Google Pay
- Neither the bank's product page nor the general credit-card fee document mentions Apple Pay or any mobile wallet. Not being listed does not mean it is unsupported; this site does not treat it as supported.
- Overseas AI Subscriptions
- The official material does not separately address AI subscriptions or online subscription scenarios. It is a credit card usable at merchants that accept Visa, but the issuer has not written subscription use into any commitment.
Spending Rewards & Cardholder Perks
- Cashback & Reward Rules
- Up to 4% on overseas spending and up to 2% on local spending (promotional period until 2027-04-30): local spending earns 1 base point plus 4 bonus points per HK$1, and overseas spending earns 1 base point plus 9 bonus points per HK$1. Every 250 points convert into HK$1 in HashKey HKD Cash Vouchers; points are converted automatically on the monthly statement date (the 15th) and deposited into the HashKey Exchange account, the vouchers are valid for 3 years, and any unused balance at expiry is credited by HashKey to the user's HKD fiat account. Bonus points are capped at 75,000 points per month, and total monthly points are capped at 5,000,000 points or 10 times the approved credit limit, whichever is lower. New customers who spend HK$12,000 within 2 months of card issuance receive HK$1,200 in HKD Cash Vouchers or a HK$1,000 repayment waiver; spending HK$7,000 up to but under HK$12,000 earns HK$600 in cash vouchers or a HK$500 repayment waiver; cancelling the card within 13 months incurs a HK$1,000 administrative fee from the bank. The issuer states explicitly that this card is not covered by the bank's general credit-card spending rewards programme and is subject only to this card's promotional terms.
This is a summary of the cited public information, not a complete list of fees or regions and not a guarantee of approval or card access.
Issuing, mobile wallets and AI subscriptions
- Card network listed in the comparison source
- Visa Signature
- Issuer arrangement / BIN
- Shanghai Commercial Bank Limited (Hong Kong, a bank licensed by the HKMA); HashKey Exchange does not provide banking or credit services. The card BIN is not published, and this page does not speculate on it.
- Apple Pay
- — Not specified by official sources: neither the bank's product page nor the general credit-card fee document mentions Apple Pay or any mobile wallet. Not being listed does not mean it is unsupported; this site does not treat it as supported.
- Google Pay
- — Not specified by official sources: same as above: the official material does not state Google Pay, so this site does not treat it as supported.
- AI subscriptions such as ChatGPT and Claude
- — Not specified by official sources: the official material does not separately address AI subscriptions or online subscription scenarios. It is a credit card usable at merchants that accept Visa, but the issuer has not written subscription use into any commitment.
Compatibility information for this card was verified on 2026-10-14 against the sources listed on the card profile; undisclosed items are marked "Not stated officially". Status symbols preserve source statements; "Not stated officially" does not mean unsupported, and community reports do not guarantee stable availability.
See the full comparison of 139 cards · Use BIN & Issuer Inspector
Mobile Apps & Privacy Compliance
Independent verification of mobile client presence, global app store availability, privacy disclosures, and account deletion / data erasure rights.Mobile Clients & Official Download Channels
- Client App
- Shacom Bank (Shanghai Commercial Bank Limited); application entry point HashKey Exchange (HashKey Digital Asset Group Limited)
- Web Portal Support
- Web Account Available; Card Primarily via App — Applications only through the HashKey app: tap the co-branded card → accept the "data transfer consent" → jump to the Shacom app to complete mobile account opening (mobile only); Shacom also offers personal online banking; the cash coupons awarded are credited to the HashKey Exchange account
- Apple App Store
-
App Store Official Download ↗ Includes Mainland China; in Europe only the United Kingdom and Georgia are listed (41 regions cannot download it, including the 27 EU countries, Switzerland, Norway, Iceland, Russia, Ukraine and Turkey)
- Google Play
-
▶ Google Play Official Download ↗ All 174 storefronts (Google Play does not operate in mainland China)
Data Compliance, Privacy Labels & Account Erasure
- Regulations & Rights
-
General Data Rights / Regional Regulations
Hong Kong Personal Data (Privacy) Ordinance: Shacom's Notice on the Collection and Processing of Personal Data to Customers and Other Individuals — customers may access and correct their personal data and learn about the bank's data policies and categories; once all amounts owed are repaid, the bank can be asked to instruct the credit reference agency to delete the account data (no overdue payment of more than 60 days in the 5 years before closure); where the Mainland Personal Information Protection Law applies there are also rights of erasure, objection, portability and withdrawal of consent; direct marketing can be refused free of charge at any time; data is provided to the co-branding partner and the rewards programme and may be transferred outside Hong Kong; applicants must consent to HashKey Exchange (Hash Blockchain Limited) passing their data to the bank; GDPR is not mentioned
- Official Privacy Policy
- Official Privacy Policy ↗
- Data Retention
- No longer than necessary for the purpose collected; the credit reference agency retains account data until 5 years after the outstanding balance is settled (default records are kept a further 5 years)
- App Store Privacy Label
- Claims "Data Not Collected"
- Google Play Data Safety
- No third-party data sharing; Claims no data collected
- Account Deletion Flow
-
No in-app closure instructions found; the credit card account must be terminated by written notice to the bank (a fee may apply); the Hong Kong Privacy Ordinance provides no general right to erasure, so credit data can only be deleted after the balance is repaid, while the Mainland PIPL allows erasure requests where it applies; App Store declares "data not collected" and Google Play declares no collection, and neither offers a deletion route
Verified on 2026-10-13. App store availability and privacy disclosures are independently verified from official developer stores and privacy policies; store availability may vary dynamically by region.
This is a credit card, not a crypto payment product
The easiest mistake when comparing it with self-custody cards is the funding path: this card's spending settles in Hong Kong dollars, is billed monthly, and carries a credit limit and repayment requirements, with no crypto payment or collateral involved at any point. The crypto element appears only on the rewards side — points converted into exchange cash vouchers. For users who want to "spend USDT directly", this card does not meet the need; for people who are already HashKey users and already spend in Hong Kong dollars, its value lies in converting everyday spending into trading credit inside the platform. [1] [4]
Why the annual fee field is left unpublished
The fee document the bank publishes is its general credit-card fee schedule, not a fee schedule specific to this card. The HK$2,000 Signature-tier annual fee in the general schedule matches the card tier, so it can be inferred that this card most likely falls in that bracket, but the bank has published neither an annual fee statement for this card nor a card-specific waiver. This site's rule is to treat only figures the issuer states explicitly as commitments, and not to write inferred values into the metrics field; the actual annual fee follows the documents issued when the bank approves the card. [3]
The boundaries of the rewards: promotional period, caps and scope of use
The 4% and 2% rates are promotional rates, stated in the official terms as valid until 2027-04-30, not long-term rates. Bonus points are capped at 75,000 per month, and total monthly points at 5,000,000 or 10 times the approved credit limit, whichever is lower; at 250 points to HK$1, the bonus-point cap corresponds to roughly HK$300 in extra vouchers per month. The vouchers can only be used inside HashKey Exchange and are valid for 3 years, so they should be treated as platform credit rather than withdrawable cash. [1] [5]
Frequently asked questions
Is this card issued by the bank or by HashKey?
The bank. HashKey's disclosure statement says the credit card is issued, managed and operated solely by Shanghai Commercial Bank, and that HashKey Exchange is not a bank and provides no banking or credit services for the card.
Can mainland China residents apply?
No. Eligibility is limited to Hong Kong residents, who must be at least 18, hold a Hong Kong identity card and a Hong Kong mobile number, and provide proof of a Hong Kong residential address issued within the past 3 months; they must also be registered HashKey Exchange members. HashKey Exchange itself states that it does not serve users in mainland China.
Can this card spend cryptocurrency directly?
No. Spending settles in Hong Kong dollars; it is an ordinary bank credit card. The crypto element is only on the rewards side: points convert automatically at 250 points to HK$1 into HashKey HKD Cash Vouchers, which are used to trade on HashKey Exchange or to offset fees.
What are the card spending rewards?
During the promotional period (until 2027-04-30), up to 2% on local spending and up to 4% on overseas spending. Local spending earns 1 point plus 4 bonus points per HK$1, and overseas spending earns 1 point plus 9 bonus points per HK$1, converted automatically into cash vouchers on the monthly statement date, the 15th.
Can the cash vouchers be cashed out?
The vouchers are deposited into the HashKey Exchange account for trading crypto assets or offsetting related fees, and are valid for 3 years; any unused portion at expiry is credited by HashKey to the user's HKD fiat account, not issued as cash directly.
Does this card have an annual fee?
The bank has published no annual fee or waiver terms specific to this card. The general credit-card fee schedule lists the Signature-tier annual fee at HK$2,000, which matches the card tier, but that is an inference from the tier; this site does not record it as a commitment for this card, and the actual position follows the documents issued on approval.
What is the fee for foreign-currency spending?
Transactions are converted into Hong Kong dollars at the card network's rate on the conversion date and carry a 1.95% surcharge.
When did it officially launch?
On 2025-10-31 the bank and HashKey announced the partnership and said they aimed to launch; on 2026-07-14 the two sides and Visa announced the formal launch. This page records the two dates separately.
📜 Rules & Fee Changelog History
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