Using Cash at Hong Kong Markets

Question

I have heard it is OK to use credit cards in malls and indoor shopping but preferable to use cash, in HKD, at the markets (Ladies Market, Jade Market, Temple Night Market). We will probably buy some jade jewelry, kids items, maybe souvenirs and clothing items or accessories. What denomination notes would be best to bring for market shopping if we will be bartering and don't want too much change?

Answer

Yes, in Hong Kong it is common to use credit cards in malls, restaurants, and larger shops, but for outdoor markets like Ladies Market, Jade Market, and Temple Street Night Market, cash in HKD is strongly preferred. Many vendors do not accept cards, and bargaining is usually expected.

For market shopping, smaller denominations are ideal so that you can easily make offers without receiving too much change. Here’s a practical guide:

Bring mainly HK$10, HK$20, HK$50, and HK$100 notes. These allow you to offer precise amounts when bargaining.
A few HK$500 notes are useful if you plan to buy higher-priced items like jade jewelry, but avoid using them for small purchases.
Coins (HK$1, HK$2, HK$5, HK$10) are useful for small items like souvenirs, snacks, or trinkets.

Tips for market shopping:

Try to avoid bringing large notes like HK$1,000 unless necessary, as vendors may not have change.
Start your bargaining with a slightly lower offer than you are willing to pay. Vendors often expect some negotiation.
Keep your cash organized in your wallet for easy access, so you can quickly offer exact amounts.

Summary: Bring mostly small to medium denomination notes (HK$10–HK$100) for markets, with a few higher notes if needed, and coins for minor purchases. This will make your shopping and bargaining much smoother.