Hong Kong Monetary Authority: The total number of credit cards in circulation in the market at the end of the second quarter was 22.8 million, a year-on-year increase of 14.6%.

On September 19, the Hong Kong Monetary Authority released statistics on the payment cards issued in Hong Kong in the second quarter of 2025. According to the quarterly statistics, the total number of credit cards in circulation in the market at the end of the second quarter of 2025 was 22.8 million, an increase of 4.2% quarterly and 14.6% annually. The transaction volume and amount of credit cards (including retail sales and cash advances) are easily influenced by seasonal factors and the overall economic environment, leading to fluctuations in trends. In the second quarter of 2025, the total transaction volume of credit cards was 360.11 million, an increase of 8.3% from the previous quarter and 11.8% from the same period in 2024. The total transaction amount of credit card transactions in the second quarter of 2025 was HK$268.4 billion, a decrease of 2.1% from the previous quarter, but an increase of 12.2% compared to the same period in 2024. Of the total transaction amount, HK$168.1 billion (62.7%) was spent in Hong Kong, HK$91.2 billion (34.0%) was spent overseas, and HK$9 billion (3.4%) was for cash advances. As for debit cards, it is difficult to calculate the total number of debit cards in circulation in the market as one debit card can contain more than one debit card brand. Similar to credit card transactions, the transaction volume and amount of debit card transactions involving retail sales and bill payments are also influenced by seasonal factors. In the second quarter of 2025, the total transaction volume of debit cards involving retail sales and bill payments increased by 6.2% quarterly to 57.86 million transactions, while the total amount decreased by 9.9% quarterly to HK$66.5 billion. Compared to the same period in 2024, the total transaction volume of debit cards in the second quarter of 2025 increased by 11.8%, while the total amount decreased by 0.5%.