Originally Posted by Steve M

Yes, but there is now a $9 fee if done within 3 months of issue. This doesn't apply to the tourist-oriented AE Travel Pass.

Also, I think you have a problem with your previous math:



Assuming that you're talking about going to Hong Kong station from the airport both ways, the $120 figure you calculate above does not take into account the $50 refundable deposit for the card, which is built into the stated Travel Pass price and not an additional fee. If you refund the deposit, then your break-even point for 4 days of MTR travel is down to $70.