Fubon Platinum Card Review

Fubon Platinum Card Review

Introducing Fubon Platinum Card! Get ready to jet-set with your credit card in hand because we’ve got some fantastic overseas spending rewards lined up for you! Picture this: a whopping 8% cashback in New Taiwan Dollars, 4% in Japanese Yen and Korean Won, and even 2% cashback on transactions made in other non-Hong Kong currencies. It’s like getting paid to explore Taiwan, Japan, and Korea!

Table of contents: Fubon Platinum Card review

Fubon Platinum Card: Is it worth applying? MoneySmart credit card rating

Fubon Platinum Card —Is it MoneySmart?
Overall: ★★★☆☆
Best for: online shopping & overseas spending 


Category Our rating Explanation
Earn rates: air miles & cashback ★★★★☆ Overseas spending:

  • Spending in Taiwan (NTD) : HK$1 = 20 points (8% cash rebate; HK$0.75 = 1 mile)
  • Spending in Japan (Yen) & Korea (Won) : HK$1 = 10 points (4% cash rebate; HK$1.5 = 1 mile)
  • Non HKD spending: HK$1 = 5 points (2% cash rebate; HK$3 = 1 mile)

Local spending:

  • Local Online Merchants: Up to 4% Cash Rebate; HK$1.5 = 1 mile (promo code: MoneySmart)
  • HK$300 or above made on Saturday or Sunday locally: HK$1 = 2 points (0.8% cash rebate; HK$7.5 = 1 mile)
  • Local / Octopus Automatic Add-Value Service: HK$1 = 1 point (0.4% cash rebate; HK$15 = 1 mile)

Asia Miles:

  • HK$15 = 1 mile
Earn categories  ★★★☆☆
  • Overseas spending
  • Online shopping
Annual fees and charges ★★★☆☆
  • Annual Principal Fee HK$1,700 
  • First 3-year annual fee waiver
  • Foreign Currency Transaction Fee at 1.95%
  • Miles conversion: A handling fee of HK$50 will be charged for every 5,000 miles conversion (In any circumstances, the handling fee will be rounded up to the nearest multiples of 5,000 miles). A minimum of HK$250 and a maximum of HK$500 handling fee will be charged for each conversion
Accessibility ★★★★☆
  • An annual income of HK$60,000 is required
Extras/periphery rewards ★★★☆☆
  • “Sure Win Spending Rewards”: chance of winning the guarantee 2,000, 3,000 or 30,000 extra bonus points when you spent HK$600 or above each time. Maximum of 6 registrations for each card in each phase of the promotion period
  • MyWay / Get “Z” Go Travel Insurance Single/Annual Plan with 8X bonus points and premiums up to 20% off
  • “Interest-free Travel Installment Plan”: convert travel-related spending into an interest-free 6-month installment with a handling fee waiver. The total approved installment amount is capped at HK$50,000 or up to 50% of the approved credit limit of the cardholder (whichever is lower). The repayment period is up to 87 days for the first installment
Welcone offer ★★☆☆☆
  • If you spend HK$5,800 or more on eligible retail purchases and/or cash advances with your main card within the first 3 months of getting your card, you’ll earn HK$500 cash rebate
  • Apply Fubon Platinum Card via Fubon GO to enjoy extra HK$100 supermarket cash coupon

Fubon Platinum Card: Earn up to HK$1,060 Cash Rebate

Spend HK$5,800+ in 3 months and pocket up to HK$500 cashback. Apply via Fubon GO or online for a sweet HK$100 supermarket coupon bonus. Plus, earn a whopping HK$1,060 cashback, including HK$460 for overseas transactions. Score big with the Fubon Platinum Card through MoneySmart using the code “MoneySmart”.

Fubon Platinum Card: The guide of the welcome offers HK$1,060

1. HK$500 cashback

As a primary cardholder, you’ll need to rack up HK$5,800 in eligible retail transactions and/or cash advances within the first 3 months after getting your card to qualify. Keep in mind that certain transactions, like tax payments, online payments, and gambling, won’t count towards this requirement.

After meeting the spending requirements (calculated from the transaction posting date), Fubon Bank will deposit the cash rebate into your new card account within 4 to 6 weeks. Remember, the account must be valid to receive the rebate.

2. HK$100 cash voucher

Simply complete the card application via the Fubon GO apps, and within 4 weeks of processing, your bonus gift will be mailed to your registered address.

3. Extra HK$460 cashback

Overseas (New Taiwan Dollar) spending equivalent to HK$5,800 for the welcome offer gets you an extra HK$460 cashback! Just remember, there’s a limit of 80,000 bonus points per month (i.e., HK$4,000 in spending) in the Overseas Spending Extra Points Program. So, spread your overseas spending over two months to maximise your rewards!

Fubon Platinum Card: Up to 8% cashback on overseas spending

Fubon Platinum Card offers an “Overseas Transaction Extra Bonus Point Program”. You can earn more points for overseas foreign currency spending.

For every HK$1 spent in New Taiwan Dollars, earn a whopping 20 points, equating to an 8% cash rebate or HK$0.75 for every 1 mile!

Splash out in Japanese Yen or Korean Won, and watch those points pile up with 10 points for every HK$1 spent, translating to a 4% cash rebate or HK$1.5 for every 1 mile.

Even for transactions in other non-Hong Kong currencies, you’ll still rack up 5 points for every HK$1 spent, scoring a 2% cash rebate or HK$3 for every 1 mile.

Calculation of the extra Points under this program will be combined (including principal and supplementary cards). The maximum extra Point earned under this program is 80,000 Points per month or 240,000 Points between 1 March 2023 to 29 February 2024 and between 1 March 2024 to 31 December 2024. The extra Points will be credited to cardholder’s principal card account within 2 months from the month of transaction.

Fubon Platinum Card: Up to 4% cashback on daily local spending

Shop at local online merchants and earn up to 10 points for every HK$1 spent, snagging a generous 4% cash rebate or HK$1.5 for every 1 mile!

Connecting the automatic Octopus top-up service to the Fubon Platinum card, you can earn 1 point for every HK$1 spent, equal to a 0.4% cash rebate or HK$15 for every 1 mile.

And don’t forget about those weekend splurges: spend HK$300 or more on Saturdays or Sundays locally and earn 2 points for every HK$1 spent, grabbing a cool 0.8% cash rebate or HK$7.5 for every 1 mile.

Fubon Platinum Card: Annual income requirement

Ready to upgrade to the Fubon Platinum Card? Just show us your earning prowess with a minimum annual salary of HK$60,000

Fubon Platinum Card: Basic information

Feature  Details
Annual principal fee  HK$1,700
Supplementary annual fee  Yes
Fee Waiver  First 3 years of annual fee waiver 
Interest Free Period  Up to 56 days
Annual Interest Rate  35.7%

Remarks: Annualized Percentage Rate (“APR”), calculated in accordance with the guidelines set out in the Code of Banking Practice, is a reference rate expressed as an annualised rate that includes the basic interest rate and the relevant handling fee (if applicable).

Foreign Currency Transaction Fee 1.95%
Cash Advance Transaction Fee 3% of the transaction amount or HK$55 (whichever is higher) PLUS Administration; an additional handling fee of HK$25 per transaction if the cash advance is made through JETCO ATM Network in China or Macau; or VISA/PLUS or MasterCard/Cirrus Network.
Overlimit Fee HK$200 per month

Review: Should you apply for a Fubon Platinum Card?

Travelling to Taiwan is a steal! Enjoy an incredible 8% cashback and earn miles at an exchange rate of HK$0.75 for every 1 mile! Even better, you’ll get a whopping 4% cashback when visiting Japan and Korea, earning miles at HK$1.5 for every 1 mile. When it comes to travel spending, it doesn’t get much better than this! But the points accumulated will only be valid for up to one year; it’s a bit short compared to other credit cards.

Fubon Bank logo
Min. Annual Salary
Online Cash Rebate
Overseas transaction rewards

Frequently asked questions: Fubon Credit Card Bonus Points

You may feel confused about the Fubon bonus point redemption as a new Fubon credit card owner. No worries; we got you covered.

Am I eligible to earn the welcome offers?

If you’ve never owned a Fubon Bank credit card or co-branded card, you’re in luck – you qualify for our welcome gifts. However, if you’ve cancelled any Fubon Bank card in the past 6 months, unfortunately, you won’t be eligible for these bonuses, even if you apply now. It’s our way of saying hello to new faces while ensuring fairness for everyone. So, if you’re new to the Fubon family, get ready to enjoy some special treats!

How can I claim the HK$100 dollar voucher?

It’s exclusively for the cool cats applying for a Fubon credit card via the “Fubon GO” apps. Remember, you’ve got 7 days from your application date to upload those documents through the same channel. Once everything’s in the bag and your application is processed, expect your bonus to arrive within 4 weeks.

What is the Fubon bonus point redemption?

With the Fubon Platinum Card, you can earn up to HK$1 = 10 points, when you shop at local online merchants. This includes: (i) an additional 8X points under the Fubon Credit Card Upgrade Points Program; (ii) an extra 1X point on Saturdays and Sundays for purchases over HK$300; and (iii) the basic 1X point under the Fubon Credit Card Points Program. Each qualified credit card is eligible for a maximum of 50,000 extra points per month under the Fubon Credit Card Upgrade Points Program. This offer applies only to transactions settled in Hong Kong dollars and counted as a single transaction.

The maximum points you can earn each month are capped at three times your credit limit, excluding extra points from the Fubon Platinum Card Extra Points Program and Overseas Spending Extra Points Program.

The extra points are limited to 50,000 points per month. However, for overseas spending, the maximum extra points cap is 80,000 per month, and from March 1, 2023, to February 29, 2024, or from March 1, 2024, to December 31, 2024, it’s increased to 240,000 points.

Remember: The Points accumulated will be valid for up to one year (calculated by Membership year). Your monthly statement will keep you posted on their expiration date. Just a heads up: any expired or cancelled points won’t stick around for next year.

Any extra benefits from the Fubon bonus point redemption?

Every time you spend HK$600 or more, simply give Fubon a call to enter the lucky draw. You could score an extra 2,000, 3,000, or even a whopping 30,000 points – a guaranteed win! Each credit card can earn up to 6 chances per stage, with the potential to nab up to 180,000 extra points! Just dial 2566-8181 to register and enter the draw every time you spend.

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