There are many conditions for mainland residents to apply for a Hong Kong card now

Personally tested Hong Kong offline#withdrawal#withdrawal
Although#BINANCEwithdrawals have not been frozen, I am always afraid of encountering ghosts when walking at night. At the same time, I want to switch to US stocks, so I applied for a Hong Kong card.
There are many offline OTCs in Hong Kong, concentrated in Mong Kok, Tsim Sha Tsui and Admiralty. Some can only exchange Hong Kong dollars, and some can exchange US dollars. I went to the one in Admiralty Station and exchanged 50,000 dollars. Then I went to HSBC HSBC counter to deposit (ATM can only deposit Hong Kong dollars), but was rejected. They said that the maximum deposit per week was 10,000 dollars, otherwise I would provide the source of funds. Then I went to Standard Chartered, and the counter asked me to apply for a priority financial management card, saying that I could deposit 50,000 dollars at a time, so I applied for one. As long as I ensure that there is 1 million Hong Kong dollars in the retained funds, there is no annual fee (3,600 Hong Kong dollars). When you arrive in Hong Kong, remember to connect to WIFI and apply for ZhongAn Bank.

To sum up,

HSBC: It is more affordable to apply for an ordinary card. You don’t need to deposit a large amount. The maximum deposit per day (within 24 hours) in ATM is 100,000 Hong Kong dollars. Large amounts of US dollars are not allowed to be deposited at the counter. So if you want to exchange HKD, you can consider using the ATM to deposit directly into the card. HSBC can be linked to alipayhk
which is the Hong Kong version of Alipay, which can be used in the mainland, with no handling fees, and only related to the exchange rate. This solves the problem that Hong Kong cards cannot be used in the mainland to withdraw money.

Standard Chartered: You can apply for a priority wealth management card to deposit large amounts of US dollars (for example, 50,000 dollars each time), and the counter will not ask. You can exchange 11 currencies and invest in US stocks and funds.

ZhongAn: You can apply directly by connecting to any Hong Kong WIFI, and you can get a small receipt. Currently, ZhongAn can directly link to domestic WeChat bank cards for direct consumption. Use it and cherish it!