Terms & Policies
Hong Kong SARFee Schedule
Last updated: 02 April 2024
The following fees and charges apply with respect to customers of Airwallex (Hong Kong) Limited in relation to the use of Cards (in accordance with the Cards and Spend Management Terms).
1. Credit Cards
Annual Fee | Free |
Auto-conversion Fee* | 1% |
Interest Rate | 25% |
Late Fee | HK$250 will be charged if the Minimum Payment Due is not made on the Payment Due Date |
Minimum Payment** | HK$2,000 or the sum of items (i) to (iv) below (whichever is higher): (i) all fees and charges (including interest and late fees); (ii) any overdue Minimum Payment Due amount from previous months; (iii) any amount exceeding the prescribed Credit Limit after deducting (i) and (ii) from the Statement Balance; and (iv) 20% of the Statement Balance after deducting the amount of items (i), (ii) and (iii) |
Interest-free Period*** | Up to 56 days |
*Automatic conversions allow you to spend on your Credit Card in a currency other than the Primary Currency (HKD). The auto-conversion fee applies to each Credit Card Transaction that is not made in the Primary Currency. See our terms for full details.
**The Minimum Payment Due amount will be identified in the monthly Statement and is payable on a monthly basis
***The Interest-free Period is calculated by reference to the date of the Credit Card Transaction and the Payment Due Date. The maximum interest free period is 56 days.
2. Borderless Cards
Description | Standard Fee (HKD) |
Expenses |
|
Expense Management Service Fee | HK$40 per active Employee Cardholder[1] per calendar month |
[1] An Employee Cardholder is active if they have been verified and has an Employee Card that has not been cancelled or has not expired during the relevant month.
Additional notes:
The above fees (as applicable) will be deducted from your Airwallex account on a monthly basis, and pro-rated based on the total number of active Employee Cardholders linked to your Airwallex account during the relevant month. By way of example, if you have one active Employee Cardholder for fifteen days in a 30-day month, then we will deduct $20 from your Airwallex account in the following month. All fees set out above are exclusive of GST/VAT (if applicable).
If you have any questions about the fees deducted from your Airwallex account, please contact us and we can help clarify any questions. For more information on billing, please see our Expenses FAQs. Other fees may apply for other services you use in accordance with Airwallex's terms and conditions.
Defined terms in this Fee Schedule have the meaning given to them in Cards and Spend Management Terms.