I got the BoC Cheers card too, mainly for the 2 airport lounge visits for year 1 - Let's see about year 2
Yes that 5k minimum is a bit of meh
I'm still using my DBS Eminent card for dining, 5% rebate capped at 8k spending per month (i.e. 400 max), and minimum HKD300 per transaction.
My HSBC Visa Signature is selected for overseas spending to meet the Travel Guru points
https://hkcashrebate.com/dining/
Seems BEA World Mastercard is the next best for dining 4% rebate, monthly cap of $11,111, no minimum