WeLab Global Wallet Debit Card
Enjoy the Best FX rate¹ + Up to 6% cashback on spending3!
With just one WeLab Global Wallet Debit Card 💳, you don’t need to queue for currency exchange 💱 before departure, and you don’t need to carry too much cash 💵 when travelling! You can pay anytime with the Best FX rate1 to lock in your preferred rate + $0 handling fee2, as long as you see the Mastercard® logo🌎!
Global Wallet helps manage multiple currencies and is paired with a multi-currency debit card. Foreign spending is charged directly in the respective currency, making a more significant discount. Plus, with the Best FX rate1, this is the best choice without the need for price comparison.
To celebrate WeLab Bank’s 6th anniversary, opening an account now can enjoy up to 6% cashback on mainland China and overseas spending3💵!
Choose smarter. Be a Financial Winner during travel!
【6th Anniversary Offer】Open an Account to enjoy Triple Rewards💰
Open your Core and Investment accounts now with promo code "WELAB6" or designated exclusive referral code to enjoy up to 6% Cash Rebate on Mainland & Overseas Spending3 + HKD 4,200 Fund Investment Cash Reward4 + up to HKD 800 FX Cash Reward5, approx. HKD 6,000 rewards^ in total!
📅 Promotion Period: 12 Jun to 31 Aug 2026 (inclusive)
💴 How to Participate: New customers who successfully open an account using the referral code WELAB6
Exchange foreign currencies at the Best FX Rates¹— smart savings make you a winner!
WeLab Bank offers a Lowest Rate Guarantee6 to help you save both money and time, and we don’t charge any foreign currency exchange fees2💱. With the help of AI (Artificial Intelligence)7, you can easily find the Best FX Rates¹!
One account supports direct spending in 11 currencies
WeLab Global Wallet connects your debit card with your foreign currency accounts. Once exchanged, you can make payment whenever spending or withdrawing cash from the corresponding currency account directly. One card handles it all 🎯 hassle-free.
Transactions are clear and transparent 📲. One account helps you save smart and spend happily 💰!
Whether you’re subscribing to overseas streaming platforms in Hong Kong📺, shopping in Japan🛍️, or withdrawing cash in Europe💶, the WeLab Global Wallet Debit Card helps you handle it all with ease — making cross-border spending more convenient and worry-free than ever.
$0 Foreign Currency Transaction Fee 🌟
Most credit cards charge a 1.95% foreign currency transaction fee for overseas spending 💳, but with the WeLab Global Wallet Debit Card 👉 you enjoy $0 foreign currency transaction fee8 + cashback on spending9 when paying in 11 major currencies.
Every swipe is convenient and rewarding 💳, whether you’re dining abroad 🍣, taking a ride 🚕, or buying souvenirs 🎎, it’s all effortlessly easy!
Withdraw Cash Worldwide
Traveling and need some cash? Whenever you see an ATM with the Cirrus® logo overseas, you can use your physical card to withdraw cash from ATMs that support the Cirrus® network. Before your trip, please activate the overseas withdrawal feature via the WeLab Bank app.
Auto FX Top up. Spend across currencies with ease
No sufficient foreign currencies in your account, NO WORRY— just spend or withdraw when you need to.
When your balance in 10 supported foreign currency falls short, Auto FX Top up automatically converts the required amount from your HKD balance in your Core Account at our prevailing exchange rate — so your transaction goes through seamlessly.
From everyday spending to cash withdrawals, enjoy smooth, hassle-free transactions anywhere.
How to add your WeLab Global Wallet Debit Card to Apple Pay?
Already have the card but not activated?⤵️
💳 Use the WeLab Global Wallet Debit Card — exchange & earn instantly!
Say Goodbye to Currency Exchange Hassles👋🏻 Start Your New Travel Experience🌍✨
Want to know more? We’ve got answers!
Here are some commonly asked questions about the WeLab Global Wallet Debit Card!
Do I need to choose the foreign currency to pay every time I make a purchase or withdrawal?
If you have sufficient corresponding currency in your Core Account for purchase or cash withdrawal in 10 supported currencies, you usually do not need to choose to pay with foreign currency. If an overseas merchant or overseas ATM offers you the option to settle in foreign currency or in Hong Kong dollars, you should choose to pay with foreign currencies.
We will automatically debit from the corresponding foreign currency account based on the transaction currency.
Do I need to activate this feature?
No. The Auto FX Top-up feature will be enabled by default for all customers. You can enable or disable the feature anytime through the Card Control section in the WeLab Bank app.
If the balance of respective foreign currency in my Core Account is insufficient when making a purchase or withdrawal overseas, what will happen?
Once the function is enabled, the required amount of Hong Kong Dollar in your core account will be automatically converted to the needed foreign currency at our prevailing exchange rate. This allows you to complete the transactions in the supported currencies without having to pre‑fund your core account with foreign currency in advance.
If HKD balance in your Core Account is insufficient, the transaction will decline.
When disabled this function and the respective foreign currency in your Core Account is insufficient, the transaction will decline.
If the WeLab Global Wallet Debit Card does not support the foreign currency of my transaction or withdrawal, what will happen?
If the transaction currency is not among the 10currencies supported, we will settle the transaction in Hong Kong dollars based on the prevailing exchange rate and debit from your HKD account.
If the HKD account balance is insufficient, the transaction will be declined.
How can I withdraw cash overseas using the WeLab Global Wallet Debit Card?
You need to log in to the WeLab Bank App and enable the overseas withdrawal service, then withdraw cash at overseas ATMs that support the Mastercard® network (including Cirrus®).
Which ATMs can I use to withdraw cash?
You can withdraw cash at ATMs that support the Mastercard® network (including Cirrus®) and the local ATMs that support the JETCO network.
If an overseas merchant or overseas ATM offers me the option to settle the transaction or withdrawal in foreign currency or Hong Kong dollars, which option should I choose?
You should choose to pay in foreign currency. If you select Hong Kong dollar settlement, the merchant or ATM operator will use their exchange rate to convert the foreign currency transaction or withdrawal into Hong Kong dollars and debit from your HKD account. Such withdrawals are considered as Dynamic Currency Conversion (DCC) and may involve higher fees.
We recommend declining such withdrawals to avoid DCC and, if possible, try using another ATM.
When withdrawing cash overseas, which account should I select on the overseas ATM screen?
Some overseas ATMs may allow you to choose which account to withdraw cash from. On the screen, regardless of whether you select the current account or the savings account, the withdrawal will automatically be debited from the corresponding foreign currency Core Account.
How can I identify a Dynamic Currency Conversion (DCC) transaction during withdrawal or purchase, and what should I do?
Dynamic Currency Conversion (DCC) may occur when withdrawing cash overseas, making online or overseas transactions. If you see an exchange rate displayed or are offered an option to convert Hong Kong dollars into foreign currency or settle in Hong Kong dollars, such withdrawals or purchases are considered DCC and may involve higher fees.
If you find that you cannot choose to pay with foreign currency during withdrawal or purchase, we recommend you decline such transactions to avoid DCC and try to settle in foreign currency instead.
Which transactions are supported?
The feature applies to 10 Supported Currency transactions (including spending transactions and ATM supported by MasterCard® / Cirrus® network.
What is the Auto FX Top-up feature?
Auto FX Top-up makes multi-currency card transactions easier by removing the need to pre-fund your Core Account with foreign currency. If you have insufficient funds in a Supported Currency but enough HKD to cover the shortfall, the system will automatically convert the required HKD amount from Core Account at our prevailing exchange rate to settle the transaction – allowing you to complete transactions or cash withdrawals seamlessly.
Remarks
^ The above cash rewards include the Cash Rebate on Spending, Cash Reward on FX Transactions and Cash Reward on Investment. Terms and conditions apply, please click here for promotion details.
1 The best rates in town comparison is based on the exchange rates collected from the websites, online banking or mobile banking of 28 retail banks in Hong Kong (excluding those which do not publish FX rates via the aforementioned channels) as of approximately 2:30 pm on 19 May 2026. Those rates do not include any special promotions, discounts, offers, membership programs or other preferential rates (including but not limited to volume discounts), but include any fees charged by any banks when conducting the FX transactions to facilitate the comparison.
2 Handling fee refers to the waiver of foreign exchange transaction fees. Terms and Conditions apply, please click here for promotion details.
3 From successful account opening until 30 September 2026, eligible customers who has accumulated Eligible Mainland and Overseas Spending of at least HKD10,000 or its equivalent, is entitled to a 6% cash rebate. The aggregate amount of cash rebate that may be earned by each eligible customer is capped at HKD1,000. Terms and Conditions apply, please click here for promotion details.
4 Based on total accumulated qualifying fund transactions of HKD 1,000,000 completed within the specified promotion period. Terms and Conditions apply, please click here for promotion details.
5 During the designated promotional period, New Customers who use the designated referral code to successfully open both a Core Account and an Investment Account, and conduct foreign exchange transactions through WeLab Bank will receive cash rewards for accumulating a specified transaction amount. Rewards are calculated based on accumulated transactions, and each customer is limited to one reward, with a maximum of HKD 800. Offer is subject to terms and conditions. Click here for details.
6 During the Promotion Period, if an Eligible Customer successfully converts HKD 100,000 or above to an Eligible Foreign Currency in a single transaction through the “Foreign Exchange” function via the WeLab Bank App and find a Third-Party FX Quote under which the Eligible Customer could have used less HKD to buy the same amount of Eligible Foreign Currency within 5 minutes of completing the Eligible FX Transaction, WeLab Bank will rebate the difference between the sell-HKD amount of the Eligible FX Transaction and the sell-HKD amount of the Third-Party FX Quote. Each Eligible Customer can only enjoy the rebate for one Eligible FX Transaction every 12 calendar months (based on the transaction date of the Eligible FX Transaction). The maximum Rebate Amount is HKD 100. Offer is subject to terms and conditions. Click here for details.
7 We collect the exchange rates from the websites or apps of the banks set out above using AI (Artificial Intelligence) and determine the best exchange rate for each currency among those banks. These exchange rates do not include any special promotions, discounts, offers, membership programs or other preferential rates (including but not limited to volume discounts), but include any fees charged by any banks when conducting the FX transactions, to facilitate the comparison. The information is for reference only, and the exchange rates are rounded off to 4 decimal places (5 decimal places for JPY). Exchange rates fluctuate according to market conditions. Exchange rates may vary upon conducting actual transactions.
Reminder: The maximum amount of money saved represents the difference calculated between the highest and the lowest exchange rates shown in the table above when converting HKD 100,000 to the relevant foreign currency.
8 Overseas spending may be settled either in the local currency of the country/region where the transaction takes place or in Hong Kong Dollar: (A) For transaction settled in the local currency, (i) foreign currency transaction fee waiver will apply if the transaction is settled in any of the 10 eligible foreign currencies (including Japanese Yen, US Dollar, Renminbi, Australian Dollar, Sterling Pound, Euro, Singapore Dollar, Canadian Dollar, Swiss Franc and New Zealand Dollar), and (ii) if a foreign currency exchange is required to complete the transaction, the exchange will be carried out at our prevailing exchange rate, and no foreign currency exchange handling fee will be charged. (B) For transaction settled in Hong Kong Dollar, the transaction will not be treated as a foreign currency transaction and will be subject to the exchange rate, fees, and charges determined by the merchant bank, rather than by us.
9 From 8 June 2026 to 31 August 2026, Eligible Cardholders who make Eligible Spending Transactions with their WeLab Global Wallet Debit Card can enjoy a cash rebate of up to 0.2% for domestic spending and up to 1% for mainland China and overseas spending. The cash rebate will be automatically credited to the Core Account on or before 30 calendar days upon posting. Each Eligible Spending Transaction is subject to a maximum rebate of HKD 50. Terms and Conditions apply, please click here for promotion details.
Note: Dynamic Currency Conversion (DCC) may occur when withdrawing cash overseas, making online or overseas transactions. If you see an exchange rate displayed or are offered an option to convert Hong Kong dollars into foreign currency or settle in Hong Kong dollars, such withdrawals or purchases are considered DCC and may involve higher fees. WeLab Bank shall not be responsible for any charges or fees imposed by merchants in relation to such transactions.
Disclaimer
FX involves risks. If you choose to convert your HKD or foreign currency deposit to other currencies, such foreign exchange transactions will be subject to risk arising from exchange rates fluctuation. As a result, you may suffer losses.