Hang Seng Credit Card x AlipayHK – Cross-border Spending Rewards & Taobao Offer

FUN DOLLARS 150,000 WAYS TO SPEND AS CASH

now support spending deductions at over 80 million merchant spots across Hong Kong, Chinese Mainland and Macau!

From 24th November 2025 to 15th April 2026, whether you're traveling to Chinese Mainland and Macau for food, shopping, and entertainment, or relaxing at home using your mobile Taobao app, you can earn instant discount coupons by paying via AlipayHK with your Eligible Hang Seng Credit Cards bound!

Two new Top-up Offers added

Seize your last chance! From 1 to 15 April 2026, grab Cross-border Spending Coupon every day and complete the upgraded Cross-border Accumulative Spending Reward missions to receive an extra HKD270 in Instant discount coupons!

AlipayHK Card Binding & Authorisation Welcome Reward

Welcome Offer for Card Binding and +FUN Dollars

Authorisation

During the Promotion Period, earn up to total of HKD40 in coupons for successfully binding your Eligible Hang Seng Credit Card to AlipayHK for the first time and successful authorisation of using +FUN Dollars

via AlipayHK to offset spending amount!

Welcome Offer^3-4

(Each Eligible AlipayHK user can claim each coupon once)

1Successful binding of an eligible Hang Seng credit card with AlipayHK account for the first time
2Successful Authorisation of *

Rewards

HKD20

coupon x 2

The coupons can be used within 30 days after redemption for an instant discount on a single transaction with net spending of HKD250 or above through the AlipayHK App at participating merchants in Chinese Mainland and Macau of AlipayHK! Only one coupon may be used in each transaction.

*Hang Seng credit card customers who have successfully authorised AlipayHK to use +FUN Dollars of Hang Seng Visa Credit Card, Mastercard® Credit Card, UnionPay Credit Card or Spending Card (‘Eligible Credit Card”), excluding Hang Seng enJoy Visa Platinum Card, enJoy Spending Card, UnionPay Credit Card, USD Visa Gold Card, Renminbi Credit Card, UnionPay Renminbi Diamond Commercial Card, e-shopping Mastercard, and Private Label Cards and not revoked authorisations (“Eligible Customers”) during the Promotion Period.

AlipayHK Exclusive Cross-border Spending Reward

Grab selected merchant coupons and participate in accumulative spending promotion during Promotion Period to earn even more cross-border spending reward!

The Promotion Period is divided into five phases:

Phase 1: 24 November 2025 to 31 December 2025
Phase 2: 1 January 2026 to 31 January 2026
Phase 3: 1 February 2026 to 28 February 2026
Phase 4: 1 March 2026 to 31 March 2026
Phase 5: 1 April 2026 to 15 April 2026

Grab Everyday! Cross-border Spending Coupon Reward⁶

From 1 to 15 April 2026, you can collect one HKD10 Cross-Border Spending Coupon every day at 10:00 AM**!

How to use: Pay at participating merchants in Chinese Mainland and Macau via AlipayHK, selecting an eligible Hang Seng Credit Card. Coupons will be deducted automatically when choosing to make a single net transaction of HKD100 or above.

Earn total up to HKD150 in cross-border spending coupons during the entire promotion period!

^**Cross-border spending coupons are valid for 72 hours upon collection. Expired coupon are invalid and will not be re-issued. Only one coupon may be used in each transaction.

Grab Designated Merchant Coupons Every Friday⁷

Grab designated merchant coupons⁺ every Friday at 10:00 AM! You can receive up to two HKD5 coupons per phase. These coupons are valid for single net transactions of HKD50 or above at designated physical stores in Shenzhen, using an Eligible Hang Seng Credit Card via AlipayHK.

Earn up to HKD50 in designated merchant coupons throughout the Promotion Period.

⁺Designated merchant coupons are valid for 72 hours upon collection.

Accumulative Spending Promotion Reward^8-9

Customers who complete cross-border spending tasks using Eligible Hang Seng Credit Card at participating merchants in Chinese Mainland and Macau of AlipayHK during the Promotion Period, can receive designated instant discount coupons!

Accumulative eligible spending	Coupon value (Phase 1-4: maximum HKD200 coupons can be earned per phase^ Phase 5: maximum HKD320 coupons can be earned^)
HKD3,000 to HKD5,999	HKD100
HKD6,000 to HKD8,999	Extra HKD100
HKD9,000 or above	Extra Additional HKD120

^Eligible User may participate in the Promotion one time per phase in total during the Promotion Period.
Reward is limited in quantity and will be distributed on a first-come-first-served basis.
The coupons can be used within 30 days after redemption for an instant discount at participating merchants in Chinese Mainland and Macau of AlipayHK, when choosing to make a single purchase of HKD200 or more with an Eligible Hang Seng Credit Card via AlipayHK.

During the Promotion Period, enjoy HKD20 instant discount when spending HKD450 or above on a single eligible transaction in Taobao Mobile application or Taobao platform, and pay with an AlipayHK account bound to Eligible Hang Seng Credit Card! Enjoy up to HKD200 instant discount in Promotion Period!

Promotion period

(Maximum 2 entries per phase)

Single eligible transaction¹³

(spending HKD450 or above)

Enjoy

HKD20

Instant Discount

(Enjoy up to HKD200 instant discount in entire Promotion Period)

Learn how to authorise and use in Alipay ＋FUN DOLLARS

Search for 'Hang Seng' the AlipayHK homepage

Enter the Hang Seng Bank brand page and click ‘Authorise’ and select Accept Authorise

Users can participate in “Card Binding Welcome Reward” , “+FUN Dollars Authorisation Reward” , "Designated Merchant Reward“ , "Accumulative Spending Reward“ , “Grab Cross-border Spending Coupon Every Day Reward” and “Cross-Border Accumulative Spending Upgraded Mission” Promotions via AlipayHK mobile application (“AlipayHK App”) ; “Limited-time Taobao Offer” is applicable for orders on the Taobao mobile application or Taobao platform, which transactions are made via AlipayHK using bound Eligible Credit Cards in Hong Kong Dollars. Unless otherwise specified, AlipayHK’s records shall prevail in determining user eligibility under any circumstances.
The use of different types of coupons issued under “Card Binding Welcome Reward” , “+FUN Dollars Authorisation Reward” , "Designated Merchant Reward“ , "Accumulative Spending Reward“, “Grab Cross-border Spending Coupon Every Day Reward” and “Cross-Border Accumulative Spending Upgraded Mission” Promotions are subject to respective terms and conditions. Terms stated on the actual payment page shall prevail.
Quotas applies for the Rewards, and Coupons are limited in quantity and on a first-come-first-served basis, while stocks last.
The Promotions are subject to respective terms and conditions. For details of “Grab Cross-border Spending Coupon Every Day Reward” and “Cross-Border Accumulative Spending Upgraded Mission", please refer to Terms and Conditions of "Hang Seng Credit Card X AlipayHK – Extra Cross-border Spending with Hang Seng Credit Card via AlipayHK”. For details of “Card Binding Welcome Reward” , “+FUN Dollars Authorisation Reward” , "Designated Merchant Reward“ and "Accumulative Spending Reward", please refer to Terms and Conditions of "Hang Seng Credit Card X AlipayHK Cross-border Spending Promotion” ; and for details of “Limited-time Taobao Offer”, please refer to Terms and Conditions of "Hang Seng Credit Card x AlipayHK - Limited-Time Taobao Offer“.

Remarks

Eligible User who has successfully bound the Eligible Credit Card to their AlipayHK account will receive the welcome reward of HKD20 coupon under the Promotion (“Card Binding Welcome Reward”). Eligible User is defined as AlipayHK users who, in the six (6) months prior to the date of card binding, have not bound any Eligible Credit Card (Hang Seng Credit Card, Affinity Card, enJoy Commercial Card, enJoy Business Card and enJoy Spending Card (“Eligible Credit Card(s)”) but excluding other Commercial Card, other Business Card, other Spending Card, Hang Seng Bupa Card, Renminbi Credit Card, USD Visa Gold Card, e-shopping Mastercard and Private Label Cards to their AlipayHK account; and who have successfully bound the Eligible Credit Card to their AlipayHK account during the Promotion Period.
Eligible User who has successfully authorised AlipayHK to use +FUN Dollars from their Eligible Credit Card within their AlipayHK account, allowing the +FUN Dollars to be applied toward payments made with the Eligible Credit Card, will receive the reward of HKD20 coupon under the Promotion (“+FUN Dollars Authorisation Reward”). Eligible user is defined as AlipayHK users who, in the six (6) months prior to the date of authorisation, have not authorised AlipayHK to use +FUN Dollars of Hang Seng Visa Credit Card, Mastercard® Credit Card, UnionPay Credit Card or Spending Card (‘Eligible Credit Card(s)”), excluding Hang Seng enJoy Visa Platinum Card, enJoy Spending Card, UnionPay Credit Card, USD Visa Gold Card, Renminbi Credit Card, UnionPay Renminbi Diamond Commercial Card, e-shopping Mastercard, and Private Label Cards; and who have successfully authorised AlipayHK to use +FUN Dollars of the Eligible Credit Card during the Promotion Period.
“Card Binding Welcome Reward” and “+FUN Dollars Authorisation Reward” are valid for thirty (30) days from the date of award/ issuance. Expired Rewards shall be deemed invalid and will not be re-issued.
Each Eligible User is allowed to enjoy “Card Binding Welcome Reward” and “+FUN Dollars Authorisation Reward” once each during the Promotion Period.
“Grab Cross-border Spending Coupon Every Day Reward” , “Cross-Border Accumulative Spending Upgraded Mission”, "Designated Merchant Reward“ and "Accumulative Spending Reward" Promotions are available to AlipayHK user who made payment with and have bound Hang Seng Credit Card, Affinity Card, enJoy Commercial Card, enJoy Business Card and enJoy Spending Card (“Eligible Credit Card(s)”) but excluding other Commercial Card, other Business Card, other Spending Card, Hang Seng Bupa Card, Renminbi Credit Card, USD Visa Gold Card, e-shopping Mastercard and Private Label Cards in AlipayHK App.
Eligible User may collect one HKD10 cross-border Spending Coupon every day at 10:00 on the AlipayHK App ("Grab Cross-border Spending Coupon Every Day Reward") from 1 April 2026 to 15 April 2026 during Promotion Period.
Eligible User may collect two (2) HKD5 designated merchant coupon every Friday at 10:00 ("Designated Merchant Reward") during each phase of the Promotion Period.
During the Promotion Period, Eligible User will be rewarded the designated coupon by achieving specific accumulative spending amount ("Accumulative Spending Reward"). These transactions shall be performed through the AlipayHK App at participating merchants in Chinese Mainland or Macau with Eligible Credit Card (“Eligible Accumulative Spending”). Eligible User may participate in the Promotion one time per phase in total during the Promotion Period.
During the Promotion Period from 1 April 2026 to 15 April 2026, Eligible User will be rewarded the designated coupon by achieving specific accumulative spending amount ("Cross-Border Accumulative Spending Upgraded Mission"). These transactions shall be performed through the AlipayHK App at participating merchants in Mainland China or Macau with Eligible Credit Card for Cross-Border Accumulative Spending Upgraded Mission. Eligible User may participate in the Promotion one time per phase in total during the Promotion Period. Cross-Border Accumulative Spending Upgraded Mission is offered on a first come, first served basis, while stock lasts.
“Limited-time Taobao Offer” is only applicable to users (“Eligible User(s)”) who have successfully bound their Hang Seng Credit Card, Affinity Card, enJoy Commercial Card, enJoy Business Card and enJoy Spending Card (“Eligible Credit Card(s)”) but excluding other Commercial Card, other Business Card, other Spending Card, Hang Seng Bupa Card, Renminbi Credit Card, USD Visa Gold Card, e-shopping Mastercard and Private Label Cards to their AlipayHK accounts.
During the Promotion Period, existing Eligible Users who have already bound their Eligible Credit Card to their AlipayHK account and make a single Eligible Transaction of HKD450 or above at the Taobao Mobile application or Taobao platform using the bound Eligible Credit Card via AlipayHK mobile application (“AlipayHK App”) will receive an instant discount of HKD20 (“Limited-time Taobao Offer”). Each Eligible User could enjoy the Offer up to two times each phase during the Promotion Period regardless of the number of Eligible Credit Cards bound to their AlipayHK account.
“Limited-time Taobao Offer” The Offer(s) can be used in conjunction with red packets, merchant discounts, shopping rewards, etc. on Taobao, and shall be subject to the actual payment page which shall prevail. The Offer is not transferable, non-exchangeable and cannot be redeemed for cash or other products, and cannot be used in conjunction with other Hang Seng Credit Card promotional offers unless otherwise specified. For goods returned or refunded, the amount of the Offer will not be returned and the relevant Offer will not be re-issued.
An eligible transaction refers to any transaction made via AlipayHK using bound Eligible Credit Cards in Hong Kong Dollars and posted to the Eligible Credit Card account during the Promotion Period. This includes orders on the Taobao mobile application or Taobao platform, but excludes orders paid for outside of the mobile app, orders on the Xianyu platform, virtual goods (including but not limited to anything that does not require shipment, e.g. virtual currency, prepaid cards, etc.), or other exclusions. specified by Taobao (“Eligible Transaction(s)”).

Terms & Conditions for “Hang Seng Credit Card X AlipayHK – Cross-border Spending with Hang Seng Credit Card via AlipayHK” (“the Promotion”) and Terms & Conditions for “Hang Seng Credit Card X AlipayHK – Cross-border Spending Extra Rewards with Hang Seng Credit Card via AlipayHK” (“the Promotion”)

Terms and Conditions of “Hang Seng Credit Card x AlipayHK – Limited-Time Taobao Offer" ("the Promotion")

To borrow or not to borrow? Borrow only if you can repay!

Remember not to disclose sensitive credit card information to any unknown parties! If in doubt, verify with the relevant institutions through official channels!

Note: Hang Seng Spending Card account is a non-interest bearing account. Funds maintained in the Hang Seng Spending Card account are not protected deposit and are not protected by the Deposit Protection Scheme in Hong Kong.