Originally Posted by
royng
"If you find an inactive On-Loan Octopus at home that without add value and usage for 3 years or longer*, you may win a prize! From now until 31 October 2016, you can join the lucky draw by just reactivating such Octopus..."
What is the point of this promotion?? Don't they want to keep customers' money?
Whenever I come to HK I usually buy a new card and sell any cards older than 3 months.
Originally Posted by
steveben53
I may well be wrong but dont you have to be a Hong Kong resident to have a HK issued Credit Card. I would have thought that you would need an HK address to get one
Different banks may have different policies but I somehow have the impression that there's a credit bureau in HK which links only to HK ID card numbers, and without an ID card number a bank can't get the necessary credit report on an applicant. But that's only my impression.
The Hong Kong immigration definition of "resident" is different from elsewhere (and therefore the definition used by banks). You don't necessarily need an HK address or income to have a credit card, but you need to have resident status, which some people can have/keep without setting foot in HK for a long time.