In this grown-up world of adulting, sim Credit Card and sim World Mastercard seem to have found their way into Hong Kongers' hearts (and wallets) with their irresistible cashback offers and swanky welcome gifts.
Are you looking for that perfect card that just gets you? Buckle up, buttercup, because we've got the inside scoop on sim Credit Card and sim World Mastercard®️.
Let's find out more!
sim Credit Card & sim World Mastercard: Is it worth applying? MoneySmart credit card rating
- Cashback on Online Retail Transactions and Local Transportation Transactions
- Up to 8%
- Fee Waiver
- First Year Free
- Minimum Income Requirements
- N/A
⚡7-Day Flash【🔥Earn HK$1,000 Cash/ Up to HK$2,299 Rewards + Selected National Team Fan Jersey ⚽！】
From 16 June until 22 June 2026, customers who successfully apply for sim Credit Card/ sim World Mastercard® via MoneySmart, and accumulate eligible retail transactions of HK$100 within 30 days after card issuance; OR select the sim Welcome offer and fulfill the designated spending requirements, activate the credit card and successfully approved, can enjoy 🏨 Trip.com 8% Hotel Bookings Promo Code + ✈️ Trip.com HK$100 Flights Promo Code (upon claim submission); AND will be entitled one of the following gifts (choose 1 out of 6)🎁 :
・Beyerdynamic Amiron 300 True Wireless with Active Noise Cancellation (Value: HK$2,299, random color)
・Acer Acerpure Chef 2 in 1 Filp Air Fryer (KF754-70B) (Value: HK$1,298, random color)
・Doshisha Gorilla Calf Massager + Hand Massager Bundle (Value: HK$1,134, random color)
・HK$1,000 HKTVmall e-Vouchers / Apple Store Gift Card
・[🔥Limited-time Upgrade] HK$1,000 Cash via FPS (automatically converted by 10,000 SmartPoints and directly deposited into FPS account)
(Fulfilled by MoneySmart)
⠀⠀⠀
💡Complete the digital ID verification on the sim Credit Card App within 3 hours after application, sim will offer an additional HK$50 cash rebate!
- Cashback on Online Retail Transactions and Overseas Retail Transactions
- Up to 8%
- Fee Waiver
- First Year Free
- Local Resident
- HK$150,000
⚡7-Day Flash【🔥Earn HK$1,000 Cash/ Up to HK$2,299 Rewards + Selected National Team Fan Jersey ⚽！】
From 16 June until 22 June 2026, customers who successfully apply for sim Credit Card/ sim World Mastercard® via MoneySmart, and accumulate eligible retail transactions of HK$100 within 30 days after card issuance; OR select the sim Welcome offer and fulfill the designated spending requirements, activate the credit card and successfully approved, can enjoy 🏨 Trip.com 8% Hotel Bookings Promo Code + ✈️ Trip.com HK$100 Flights Promo Code (upon claim submission); AND will be entitled one of the following gifts (choose 1 out of 6)🎁 :
・Beyerdynamic Amiron 300 True Wireless with Active Noise Cancellation (Value: HK$2,299, random color)
・Acer Acerpure Chef 2 in 1 Filp Air Fryer (KF754-70B) (Value: HK$1,298, random color)
・Doshisha Gorilla Calf Massager + Hand Massager Bundle (Value: HK$1,134, random color)
・HK$1,000 HKTVmall e-Vouchers / Apple Store Gift Card
・[🔥Limited-time Upgrade] HK$1,000 Cash via FPS (automatically converted by 10,000 SmartPoints and directly deposited into FPS account)
(Fulfilled by MoneySmart)
⠀⠀⠀⠀
💡Complete the digital ID verification on the sim Credit Card App within 3 hours after application, sim will offer an additional HK$50 cash rebate!
sim Credit Card — Is it MoneySmart? | ||
Overall: ★★★★☆ | ||
Best for: Online Shopping | ||
Category | Our rating | Explanation |
Earn rates: air miles & cashback | ★★★★☆ | – 8% cashback for online shopping |
Earn categories | ★★☆☆☆ | – Other that online shopping, 3% cashback for designated local merchants, 0.4% cashback for other spending |
Annual fees and charges | ★★☆☆☆ | – First 1-year annual fee waiver of HK$800 (sim Credit Card) / HK$1,800 (sim World Mastercard®) |
Accessibility | ★★★★★ | – No annual income requirement |
Extras/periphery rewards | ★★★★☆ | – Mastercard®Luxury Hotel Benefits Concierge Services– Mastercard® Global Services |
Welcome offer | ★★★★☆ | – sim Credit Card: |
Table of contents: sim Credit Card/sim World Mastercard
- sim Credit Card & sim World Mastercard: What is it?
- sim Credit Card & sim Mastercard: 8% cash rebate on online spending
- sim Credit Card cashback cap
- But wait, there's more perks for the sim World Mastercard
- sim Credit Card: A few important notes
- sim Credit Card review
- And...Fin
- Frequently asked question: sim Credit Card
- Related articles
sim Credit Card & sim World Mastercard: What is it?
Sim Credit Card and sim World Mastercard are the simple credits to use. You can just simply the perks by paying the online bill with your card.
Here are some juicy numbers to get you started: 8% cashback on online spending, 3% cashback at selected merchants, and a sweet World Mastercard®️ with a sleek welcome gift worth up to $1,000. But wait, there's more. Assembling your digital shopping carts for the sim Credit Card comes with plenty of cashbacks and offers up for grabs.
sim Credit Card | sim World Mastercard | |
Annual Salary Requirement | Available for Students | HK$150,000 |
Annual Fee | • First year fee waiver | • First year fee waiver |
Welcome Gift | • HK$200 CashBack or | • EIGHT Emperor Cinemas Movie e-Vouchers (Reference Value: HK$1,120) or |
Cashback | • 8% (exclusive for online transactions) | • 8% (exclusive for online transactions) |
Credit Card Cash Advance | Yes | Yes |
Mastercard Tier | Mastercard | World Mastercard® |
Mastercard Benefits | Regular Mastercard privileges | Mastercard®Luxury Hotel Benefits Concierge Services |
sim Credit Card & sim Mastercard: 8% cash rebate on online spending
When sim Credit Card and sim World Mastercard debuted, they tiptoed into the market with a humble 2% cashback. But since November 2023, they’ve catapulted onto centre stage showcasing an impressive 8% cashback on most online retail transactions, valid until March 31, 2025. (You might want to sit down for this.) It's the highest cashback for online transactions in Hong Kong!
And if that wasn't enough to get your “MoneySmart senses” tingling, there's a 3% cashback at the following trendy merchants:
- Adidas (because we all need those athleisure vibes)
- @cosme STORE
- Fila
- PUMA
- Reebok
- Matsumoto HK
- Tokyo Lifestyle
Plus, for everything else that doesn't fall in the 8% or 3% category, you still get a lovely 0.4% cashback. Pretty sweet, eh?
However, lurking behind the curtain is the phantom 1.95% fee for cross-border payments or foreign currency transactions. So, if worldly adventures or an international shopping spree is on your cards, expect the transaction fees to take a bite out a bit of your 8% cashback.
sim Credit Card cashback cap
Alright, we know what you're thinking. "Monthly cashback cap? Is this some kind of cashback Kryptonite？" Relax, it's not quite that dramatic. The monthly cashback cap is HK$200, calculated based on your online spending—equivalent to a spending cap of HK$2,500. And the promotional period is valid until March 31, 2025. That's more than enough time to complete your online shopping bucket list. (wink wink)
sim Credit Card cashback cap
- The monthly cashback cap: HK$200
- The spending cap: HK$2,500
- Promotional period: March 31, 2025
But wait, there's more perks for the sim World Mastercard
With the sim Credit Card and sim World Mastercard®️, there are a couple of incredible welcome offers to entice you even further:
- For new customers only
- Within 60 days after card approval, meet the qualifying spending to receive the corresponding welcome gift
- sim Credit Card: Spend HK$5,000 or more to enjoy HK$200 CashBack or HK$200 HKTVmall e-coupon or HK$200 Apple Store gift card or HK$200 matsukiyo HK Gift Voucher or spend HK$10,000 to enjoy EIGHT Emperor Cinemas Movie e-Vouchers (Reference Value: HK$1,120)
- sim World Mastercard®️: Spend HK$10,000 to enjoy EIGHT Emperor Cinemas Movie e-Vouchers (Reference Value: HK$1,120) or spend HK$12,000 to enjoy HK$700 CashBack or HK$700 HKTVmall e-coupon or HK$700 Apple Store gift card or HK$700 matsukiyo HK Gift Voucher
Now, picture yourself with these welcome gifts in your hand. Are we imagining new gadgets? More shopping sprees? Adulting doesn't look too shabby now, huh?
Remember that e-wallet transfers are not included as qualifying spending for the welcome offer. Because, sadly, we can't have all the fun.
sim Credit Card: A few important notes
Before we get carried away with all these fabulous perks, let's take a moment to discuss some small—but still crucial—details:
- The basic cashback rate is 0.4%
- There's a 1.95% cross-border transaction fee for online transactions in HKD with overseas merchants
- You may get your credit card within 5 minutes. No complicated procerers
While it's designed for online spending, the sim Credit Card does charge a 1.95% handling fee for online transactions in HKD with overseas merchants like App Store, Netflix, Spotify, or Airbnb. So, when you spend oversea, don’t forget to take note on that.
sim Credit Card review
Amidst a horde of credit card options, the sim Credit Card and sim World Mastercard hold a steady ground with their focus on cashback, especially their gracious offer of 8% for retail and online shopping. However, as with any good deal, they come with their own share of conditions and fees.
sim Credit Card: Best for whom?
If you are a student or barely wet-behind-the-ears in terms of your career, the sim Credit Card could be your faithful companion. If your typical spending doesn’t go through the roof, and you are looking for a card to supplement rather than replace your existing ones, the 8% cashback caters perfectly to that need.
And...Fin
So, what do you think, dear reader? Does the sim Credit Card and sim World Mastercard®️ live up to the hype? With their cashback game on point and welcome gifts that would make even people "wow", it's no wonder they're turning heads in Hong Kong.
Remember, the power of your finances lies in your hands (and your wallet). Choose wisely and keep swiping responsibly!
Frequently asked question: sim Credit Card
Does the sim Credit Card/sim World Mastercard®️ have an annual fee?
The sim Credit Card and sim World Mastercard®️ have no annual fee for the first year. After that, you will be charged $800 for the sim Credit Card and $1,800 for the sim World Mastercard®️.
What transactions are considered as qualifying spending for the welcome offer?
In simple terms, all retail transactions, whether local, online, or overseas, are eligible! However, there are a few exceptions to keep in mind, such as cash advances, payments to the Inland Revenue Department, e-wallet transfers, and more.
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?MoneySmart Credit Card Comparison? | |||
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