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ICBC Shangri-La Credit Card
 

No Limitations in Reality, No Distance from Dreams

ICBC Shangri-La Credit Card is a global co-branded credit card jointly launched by Industrial and Commercial Bank of China (ICBC) and Shangri-La International Hotel Management Ltd, which integrates the benefits of ICBC Platinum Card and Shangri-La Circle.

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This is a platinum card, comprising UnionPay single-logo single-currency card (magnetic stripe + PBOC contactless chip), VISA single-logo multi-currency card (magnetic stripe + EMV contactless chip), MasterCard single-logo multi-currency card (magnetic stripe + EMV contactless chip), with the PBOC chip card for domestic use and the EMV chip card for overseas use, offering stronger encryption, better security, and more extensive applications.

For multiple brands and multiple currencies, by “swiping, inserting, swinging, or scanning”, the card meets your diversified needs.

This card needs to be associated with a UnionPay single-logo card. The detailed procedures are as follows:

★ “1+1” Application for Card
To apply for a VISA or MasterCard single-logo card and a UnionPay single-logo ICBC Shangri-La Credit Card at the same time, you only need to fill in one application form. The two card accounts are linked so that you can use both cards for payment at home and abroad freely.

Warm reminder: For more details about the acceptance, use, and repayment of dual-chip combo card products, please refer to ICBC Dual-Chip Combo Card User’s Guide on ICBC’s official website--Credit Cards--Information Disclosure.

★ Charge Standard
The annual fee for the platinum card is RMB2,000/year. Within the card year, platinum card customers do not need to pay the annual fee for the current year by spending RMB200,000 (or equivalent in foreign currency).

Co-branded Featured Benefits

★ Shangri-La Circle Membership
This card, with two numbers, is not only a platinum credit card with extensive functions, but also a membership card for Shangri-La Circle. The card holder will automatically become a Gold member of Shangri-La Circle and enjoy the corresponding benefits (if you are already a member, you will retain the current valid membership level).

★ Automatically Receiving Shangri-La Circle Points from Consumption
Every 120 ICBC consumption bonus points will be automatically exchanged for 1 Shangri-La Circle Point (1 ICBC consumption bonus point will be awarded for every consumption of RMB1, and the points will be calculated after the foreign currency consumption is converted into RMB, except for the specific transactions that do not award points as stipulated by ICBC, such as online transactions and third-party linked card transactions), and you can easily enjoy various rewards and services of Shangri-La Circle. Shangri-La Circle Points can be redeemed for free stays at Shangri-La Group hotels, food and spa vouchers, and instant redemption awards, as well as airline partner flight miles.

Terms and Conditions:
1. Shangri-La Circle Points automatically converted from the card holder’s ICBC consumption bonus points in a month will be credited to his/her Shangri-La Circle account before the end of the next month. Every 1 consumption bonus point will be awarded for 1 Shangri-La Circle Point, and the points will be calculated after the foreign currency consumption is converted into RMB, except for the specific transactions that do not award points, such as online card linking. For more information, please call 95588.
2. Once Shangri-La Circle Points are credited to the card holder’s account, their validity and use are subject to the terms and conditions of Shangri-La Circle, and the Shangri-La Circle reserves the right to modify them at any time.
3. If the card holder cancels the credit card before Shangri-La Circle Points are credited to his/her account, he/she will no longer have this benefit and shall not seek any compensation from ICBC.
4. This benefit and any matters not covered herein are governed by the terms and conditions of Shangri-La Circle and other relevant regulations.
5. To acquire Shangri-La Circle Points, please provide your accurate email address on the application form. If you already have a Shangri-La Circle membership number, please provide it in the “membership number” field.
6. If your ICBC consumption points are fewer than 120 points in the current month, they will be accumulated for exchange in the next month.
7. Shangri-La Circle Points exchanged from the consumption points of the holder of the supplementary card will be credited to the Shangri-La Circle account of the primary card holder.

★ 10% Off the Flexible Rate on Hotel Stays Worldwide
Card holders enjoy a 10% discount on the Flexible Rate when staying at any participating Shangri-La Group hotels worldwide.

Terms and Conditions:
1. This offer is valid until October 31, 2025.
2. This offer is valid for stays at any Shangri-La Group hotels worldwide (except for Zhoushan Shangri-La) at the Flexible Rate.
3. This offer is only applicable to room reservations made through Shangri-La’s official website www.shangri-la.com, Shangri-La Circle mobile App, and Shangri-La Circle WeChat Mini Program, by calling Shangri-La’s toll-free service hotline at 400-186-6888 for the Chinese mainland, or by contacting the hotel. Please quote the promotion code “ICBC1” upon reservation.
4. Card holders are required to present their ICBC Shangri-La Credit Card at check-in and settle payment upon check-out by using the same Credit Card in order to enjoy the offer.
5. Service charges and government tax are not eligible for the room discount.
6. Prior reservation is required and the offer is subject to availability at the time of reservation.
7. This offer is non-transferable and not valid in conjunction with other offers or promotions.
8. This offer is subject to the terms and conditions of Shangri-La Circle.

★ 15% Discount on Dining at Hotels Worldwide
Card holders enjoy a 15% discount when dining at any participating Shangri-La hotel restaurant worldwide and paying with ICBC Shangri-La Credit Card.

Terms and Conditions:
1. This offer is valid until October 31, 2025 (except for Mother’s Day, Father’s Day, Christmas Eve, Christmas Day, New Year’s Eve, New Year Day, and the Chinese New Year’s Eve).
2. This offer is valid at all Shangri-La hotel restaurants worldwide except: Cafe Malacca and Lobby Bar and Lounge at JEN Hong Kong by Shangri-La, Carlino at Shangri-La Vancouver, CHAO No.18 at Shangri-La Zhoushan, Diner de Fleurs and Zeniya at Shangri-La Singapore, Ensue at Futian Shangri-La, Shenzhen, GIADA Garden at China World Hotel, Beijing, Jinyue at China World Summit Wing, Beijing, Mott 32 at Shangri-La Toronto, Red Chicken and Dockyard at Kerry Hotel, Hong Kong, Indikaya Restaurant & Bar, The Avenue Club, and Zula The Kitchen & Bar at Shangri-La Dubai, The Boutique by Shangri-La Tokyo, The Grand Boat at Pudong Shangri-La, Shanghai, The Rocks Teppanyaki and Harts Pub at Shangri-La Sydney, Upper Deck at Kerry Sports Manila of Shangri-La The Fort, Manila. Participating restaurants or bars will be adjusted from time to time. Please refer to the terms and conditions of Shangri-La Circle for details.
3. Card holders must settle their bills with ICBC Shangri-La Credit Card at the participating restaurants to enjoy the discount. Spending charged to the rooms is not eligible for this offer.
4. Service charges and government tax are not eligible for the restaurant discount.
5. This offer is not valid in conjunction with other offers, promotions, or restaurant rewards and coupons.
6. This offer is valid for a maximum of 12 diners and can only be enjoyed once on one receipt per restaurant visit. This offer is not applicable for meeting and event services.
7. This offer is subject to the terms and conditions of Shangri-La Circle.

★ 20% or Higher Discount on Health Club Annual Membership Fee
Card holders can get up to 20% off the annual membership fee of the health club at any participating Shangri-La hotel in the Chinese mainland by paying with this card.

Terms and Conditions:
1. This offer is valid until October 31, 2025.
2. This offer is applicable for the annual membership purchase at any participating health club in the Chinese mainland (except for non-participating hotel health clubs).
3. Discount rates and sales volume may vary by hotel. Please contact the hotel health club for inquiries or card purchases.
4. Card holders are required to settle their annual membership fee with ICBC Shangri-La Credit Card to enjoy the discount.
5. Service charges and government tax are not eligible for the annual card discount.
6. This offer is non-transferable and not valid in conjunction with other offers or promotions.
7. Terms and conditions of the health club are applicable to this offer.

★ Fast Upgrade to Jade Membership of Shangri-La Circle
ICBC Shangri-La Credit Card holders will automatically become a Gold member of Shangri-La Circle, while existing Shangri-La Circle members will retain the current valid membership level. Stay with just ten qualifying paid nights in a calendar year and you will be upgraded to Shangri-La Circle Jade membership, which is valid until the end of the following year.

Terms and Conditions:
1. This benefit is valid until October 31, 2025 for ten qualifying paid nights achieved in a calendar year.
2. This benefit is exclusive to ICBC Shangri-La Credit Card holders who are also Shangri-La Circle Gold members.
3. Qualifying paid nights are hotel stays under qualifying room rates, which will count toward qualification for upgrade to Shangri-La Circle Jade membership. Qualifying rooms rates exclude long stays. 
4. To enjoy this benefit, card holders must settle the payment upon check-out by using their ICBC Shangri-La Credit Card.
5. The membership upgrade will be done before the 15th day of the following month after the completion of the 10th qualifying nights stay.  
6. The Jade membership upgrade offer is only applicable for the current membership year. Each member can only enjoy the fast upgrade offer once. The renewal criteria for the next membership year are subject to the terms and conditions of Shangri-La Circle.
7. This benefit is not applicable to Shangri-La Circle Jade membership renewal.
8. This benefit is subject to the terms and conditions of Shangri-La Circle.

For details of the above featured benefits, please contact Shangri-La Group’s toll-free service hotline at 400-186-6888 for the Chinese mainland or visit www.shangri-la.com.

Blockbuster Promotions

★ No Annual Fee for the First Year
From now until December 31, 2025, ICBC Shangri-La Credit Card holders who successfully apply for and activate the card will be exempt from the annual fee for the first year, and existing Shangri-La Circle Diamond and Jade members who successfully apply for and activate the card will be exempt from the annual fee for three years.

High-end Travel Benefit

★ RMB1 for VIP Services at Airports and Railway Stations (Applicable to UnionPay-branded Cards)
From January 1 to June 30, 2025, the holders of the UnionPay-branded Platinum Credit Card of this product will have access to VIP services at designated airports across the country, including two single-person services for RMB1 (only available to the card holder himself/herself) and one three-person service for RMB6.2 (including the card holder and up to two accompanying travelers). The VIP services include assisted check-in, fast security check, and lounge services at airports. Each Platinum Credit Card offers two single-person services for RMB1 and one three-person service for RMB6.2. The same benefit account can enjoy the benefits for a maximum of six times during the benefit period. The number of orders is limited to 700 per day from January 21 to February 20, 2025 and 400 for the rest. The sale begins at 7:00 a.m. every day, on a first-come-first-served basis.

From January 1 to June 30, 2025, the holders of the UnionPay-branded Platinum Credit Card of this product will have access to VIP services at designated railway stations across the country, including two single-person services for RMB1 (only available to the card holder himself/herself) and one three-person service for RMB6.2 (including the card holder). The VIP services include: The lounge service and the fast ticket checking service escorted by a concierge. The same UnionPay benefit account can purchase the benefit twice per day. The same UnionPay benefit account can enjoy the benefit up to six times within the service period. The number of orders is limited to 450 per day. The sale begins at 7:00 a.m. every day, on a first-come-first-served basis.

The benefit is limited to a certain number of times per day. The coupon code is valid until 23:59:59 on the day of purchase. If the coupon code is not used by the expiration date, it will be refunded automatically within the specified time limit, and the benefit will be regarded as utilized and included in the number of times of coupon use. Services may vary by airport/railway station. For details, please refer to the “Details of Services” and the “Scope of Services”.

For details (e.g. the “Details of Services” and the “Scope of Services”) of RMB1 for VIP services at airports, please click>> 

For details (e.g. the “Details of Services” and the “Scope of Services”) of RMB1 for VIP services at railway stations, please click >> 

★ Buffet and Afternoon Tea Offer (Applicable to Visa- and UnionPay-branded Cards)
1. From January 1 to December 31, 2025, the Visa card holder of this product can enjoy “Visa Exclusive Preferential Pricing” for buffets and afternoon tea at high-end hotels. 30+ high-end hotels in 10+ cities in China are covered. Hotel brands include Shangri-La, Kerry, Kempinski, Westin, InterContinental, Fairmont, JW Marriott, Sheraton, Hilton, and so on. The specific rules of the event are subject to the display page.
For details, please click >>

2. From January 1 to September 30, 2025, the holders of the UnionPay-branded Platinum Credit Card of this product will have access to the benefit with accompanying travelers that “for buffets and afternoon tea, when two or more guests dine together, one guest can dine for free.” Each UnionPay Platinum Credit Card can enjoy the service nine times within the service period.
For details of booking, usage procedures, and service rules,please click>>

★ Cashback for Consumption Worldwide (Applicable to MasterCard-branded Cards)
From now until December 31, 2025, holders of the MasterCard-branded card of this product can enjoy cashback, when consuming at designated merchants in Japan, Singapore, Thailand, South Korea, Australia, France, the United Kingdom, Italy, Brazil, the United Arab Emirates, the United States, Spain, Malaysia, and Hong Kong, China. Please refer to the display page of the MasterCard card for details.
For details, please click >>

Unique Financial Benefits

★ Ten Foreign Currencies and Zero Foreign Exchange Fee (Exclusive to Visa and MasterCard Cards)
The card is available in ten currencies, namely Renminbi, US Dollar, Euro, Hong Kong Dollar, British Pound, Japanese Yen, Singapore Dollar, Canadian Dollar, Australian Dollar, Swiss Franc, and New Zealand Dollar. When you use the card in the Visa or MasterCard card network in countries or regions where the ten currencies are used, the accounts will be credited directly in the corresponding currency with no need for currency exchange, or for paying the exchange fees. When you use the card in the Visa or MasterCard card network in countries or regions where the ten currencies are not used, the system will automatically convert the transaction currency into US dollars and credit the amount to the US dollar account, and automatically exempt the corresponding exchange fees. For repayment, you can choose to use RMB to purchase foreign exchange or choose from the ten currencies for direct repayment, which offers you more choices and greater convenience.

★ Traffic Accident Insurance Worth up to RMB4 Million
As long as you successfully activate the platinum card, you will receive a traffic accident injury insurance worth up to RMB4 million insured by ICBC for you free of charge. For details, please refer to the event announcements on ICBC’s official website or other official channels.
For details, please click >>

★ Travel Inconvenience Insurance Worth up to RMB5,000
Upon successful activation, you will receive a travel inconvenience insurance worth up to RMB5,000 insured by ICBC for you free of charge. For details, please refer to the event announcements on ICBC’s official website or other official channels.
For details, please click >>

★ Account Security Insurance Worth up to RMB50,000
When your consumption meets the criteria, you will receive an account security insurance worth up to RMB50,000. For details, please refer to the event announcements on ICBC’s official website or other official channels.
For details, please click >>

★ Grace Period of Three Days and Grace Difference of RMB100
For cards opened after November 1, 2018 (inclusive), the repayment grace period is three days, which means that a three-day repayment grace period service is provided to card holders, and card holders are deemed to have made repayment on time when they make repayment within three days after the due date of repayment.

For cards opened after November 1, 2018 (inclusive), the repayment grace difference for the current period is RMB100. On the due date for repayment of the grace period (due date for repayment + grace period), when the outstanding portion of all repayable amounts of the previous bill is less than or equal to RMB100, it can be regarded as if the card holder has repaid it in full. This portion of the outstanding amount is included in the amount to be repaid in the next period.

For ICBC Shangri-La Credit Cards opened before November 1, 2018, the interest accrual method II agreed in Article 21 of the ICBC Peony Credit Card Regulations shall apply, and in the event of failure to repay in full the amount due for the current period, the card issuer will charge overdraft interest on the outstanding portion of the amount from the date of the Bank’s record to the date of repayment. For ICBC Shangri-La Credit Cards opened after November 1, 2018 (inclusive), the interest accrual method I agreed in Article 21 of the ICBC Peony Credit Card Regulations shall apply. If the full amount of the current repayment due is not repaid, the entire overdraft amount due for the current period shall no longer enjoy the treatment of an interest-free repayment period. The card issuer will charge overdraft interest on the entire overdraft amount due for the current period from the date of the Bank’s account to the date of repayment.

Warm reminder:
For more product features and use specifications, please refer to the Peony Credit Card Application Agreement (Personal Card) and the ICBC Peony Credit Card Regulations or contact 95588 for details.
Multi-currency credit cards are reported and displayed by account, according to the data collection specifications of the People’s Bank of China for the credit standing system. In other words, the account information will be displayed separately in the RMB account and ten foreign-currency accounts in the credit report. The tail number of the card corresponding to each account record will be the tail number of the same primary card. This displayed rule will not have any impact on your credit record. The overdue of one currency account will not affect the normal display of other currency accounts. Thank you for your understanding.

If you apply for a card at an outlet, please fill in the product code in the application form as follows:
MasterCard-branded ICBC Shangri-La Credit Card: 46000471
VISA-branded ICBC Shangri-La Credit Card: 46000470

Version January 2025

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