What is on loan Octopus?

An On-Loan Octopus is an Octopus lent to the user by Octopus Cards Limited that requires a refundable deposit of HK$50 and has an initial stored value (the amount varies subject to card type). A Sold Octopus requires no deposit and has no initial stored value (unless otherwise specified).

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Consequently, can you go negative on Octopus card?

If the value on your Octopus is positive (HK$0.10 or above) but insufficient to cover the full amount of the transaction, you can still complete the transaction by incurring a negative value of up to HK$35* on a single occasion which will be automatically recovered when your Octopus is next reloaded.

One may also ask, does Octopus card expire? About 1.2 million Octopus cards issued two decades ago will expire in two years, as the operator of the cashless payment system presses ahead with efforts to secure a larger foothold in Hong Kong’s competitive e-wallet market. These “first-generation” cards cannot be linked to Octopus’ Android smartphone app, O!

In this manner, how do I put money on my Octopus card?

You can top up your Wallet by transferring money

  1. Tap “Faster Payment System”.
  2. Tap “Bank Transfer to Octopus Wallet”.
  3. Input top up amount.
  4. Review information, tap “Confirm”.
  5. Top up successful. The transaction record will be displayed.

How do you buy an octopus?

Pick ones with two rows of suckers on their tentacles. When buying your octopus, look for a double row of suckers on each of their eight limbs – apparently two rows signals better quality and better flavour than one, although some argue that the more suckers, the tougher the flesh overall.

How far can Octopus go negative?

An Octopus watch or mobile phone cover may be stored with a maximum of HK$3,000, but do not have any initial stored value at the time of its purchase. It may have a maximum negative value of HK$35 as with an Octopus card.

How many variations of the original Octopus card are there?

The first-generation Octopus cards came in five different colours: blue for students and orange or rainbow for adults, pink for children, and dark green for the elderly.

How much does an Octopus card cost Hong Kong?

Standard Octopus

Type Deposit Initial stored value*
Type Child Deposit HK$50 Initial stored value* HK$50
Type Adult Deposit HK$50 Initial stored value* HK$150
Type Elder Deposit HK$50 Initial stored value* HK$50
Type Personalised Deposit HK$50 Initial stored value* HK$130

How much does it cost to buy an Octopus?

Prices range from $20 to $1,000—with the bulk of pet octopuses priced between $30 and $100 as of January 2013. A 70-gallon tank—which is not an unusual choice for octopus enthusiasts wanting to provide their pet with plenty of room to roam—costs about $300.

Is Octopus wallet Pro free?

If you don’t have a HKID, you can’t apply for an Octopus Wallet Plus or Pro.

Octopus Wallet Fee Waived
Octopus Wallet Cancellation Fee Waived
Paper Monthly Statement Fee HK$50 per print-out of monthly statement up to 7 years

What is the maximum amount Octopus Card?

HK$3,000

Who invented Octopus Card?

Paul Chan Mo-lim

Who owns Octopus card in Hong Kong?

Octopus Holdings Limited

Type Subsidiary
Owner Major transport operators in Hong Kong
Number of employees 200
Parent Octopus Holdings Limited
Website www.octopus.com.hk

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