What can you do with a Hong Kong bank card?

First, you need a Hong Kong card. With a card, you can browse any website in the world, whether it is a website in the United States, the United Kingdom, Japan, or a niche website in some small countries. ⭐On the one hand, it is not easy to have fakes when shopping overseas, and ⭐On the other hand, shopping overseas is relatively affordable.

Then as a cross-border seller, most independent site or Amazon sellers also like to use Hong Kong cards for settlement. First, they can avoid third-party fees. Second, the card can be bound to PayPal, which is convenient for independent site sellers to bind.

The following is a popular science about Hong Kong cards, which will take you to understand its advantages in one minute.

⭐As a basic tool for deposits and withdrawals of Hong Kong and US stocks.

Three common deposit and withdrawal methods: bank-securities transfer, FPS and EDDA fast deposit.

⭐No foreign exchange control, free collection of foreign exchange

(Our own mainland cards cannot directly transfer foreign exchange to overseas investment accounts)

For individuals engaged in export trade, Hong Kong bank accounts can be used to freely receive overseas funds, which is convenient for foreign trade business and can be freely collected and paid worldwide. Conducting cross-border business through Hong Kong bank accounts can effectively reduce transaction costs and avoid transaction risks. If you open a store on Amazon, you can also directly bind the payment, eliminating the middleman's handling fee.

⭐ Convenient to participate in international investment

Compared with A-shares, the financial products such as stocks, cryptocurrencies, funds, options, etc. that can be invested in Hong Kong are rich in financial products and relatively flexible in trading rules, which are suitable for people who want to invest in the Hong Kong financial market.

⭐ Overseas assets can be allocated

It is suitable for high-net-worth people in the mainland to buy houses, invest overseas, and immigrate to study abroad through personal accounts of Hong Kong banks.

⭐ You can buy overseas financial products and buy Hong Kong insurance for your children

① Hong Kong has more insurance types, and the compensation amount and scope are mostly higher than similar insurance in the mainland.

② The dividend income of Hong Kong savings insurance is also relatively high.

③ There are relatively few exemption clauses, so the definition of diseases will be more relaxed and the scope of claims will be wider.

⭐ Convenient overseas online shopping

Personal overseas shopping can not only use Hong Kong bank cards to purchase goods overseas, but also bind overseas electronic payment methods such as Paypal for overseas online shopping. Buy all over the world without leaving home.

⭐Shares granted by companies (companies listed in Hong Kong and the United States📈) can only be redeemed through Hong Kong banks