Credit Cards

HSBC Credit Cards in Singapore – MoneySmart’s Recommended Top 3 Cards

Top 3 HSBC Credit Cards Singapore

HSBC Credit Cards may not have the recognition that a lot of the local banks do, but that doesn’t mean that they are anywhere near lousy.

So, apart from going to a credit card comparison site, you’re going to be spending a lot of time figuring out what works best for you. Here, we look at the top HSBC credit cards in Singapore:

 

1. For the Cashback Junkie – HSBC Visa Platinum Card

HSBC Visa Platinum Credit Card

HSBC Visa Platinum Credit Card


Card Benefits

    • Enjoy S$100 worth of NTUC FairPrice Vouchers when you Like, Share, and Comment on MoneySmart’s Grocery Facebook post. Be in the running to win a Dyson Supersonic Hairdryer (U.P S$599) when you fulfill the above actions and apply for your HSBC Visa Platinum Card via MoneySmart and fill up this form. More details
    • 5% cash rebate on dining, groceries and petrol with min. S$600 spend/month for all 3 months in a calendar quarter
    • S$250 cap per account per quarter

    Easily the most popular HSBC credit card, the HSBC Visa Platinum Credit Card is a great all round lifestyle card with cashback offers on petrol, grocery shopping and dining.

    Age requirements: 21 years and above

    Min. Income: For Singaporeans and PRs, minimum annual income of S$30,000. For foreigners, minimum annual income to qualify is S$40,000.

    Annual Fee: $192.60 (inclusive of GST). The card comes with a 2 year annual fee waiver.

    Cashback Offers: One of the key highlights of the card is its petrol discounts, which gets you up to 5% cash rebates plus an instant 14% discount at all Caltex and Shell stations.

    Other Benefits: Up to 5% cash rebate on grocery spend, 5% cash rebate on recurring telco bills, and 2% cash rebate on dining.

    What You Can Get With a Monthly Spend of $1,500: 

    HSBC-table

     

    Who This Is Good For: If you’re looking for a decent lifestyle card and tend to pump petrol at Caltex or Shell, this is a great card to get. The grocery rebates are also very attractive for families using this card as a general use card for collective spending.

    If you are interested in the HSBC Visa Platinum Credit Card, you can easily apply here.

     

    2. For Lifestyle Rewards – HSBC Revolution Credit Card

    HSBC Revolution Credit Card

    HSBC Revolution Credit Card


    Card Benefits

      • 5X Rewards points (or 2 air miles) per $1 spent on Online, Dining and Entertainment transactions
      • $1 = 1 Reward point for all other spend
      • No minimum spend and earn as many Rewards points as you like

      The HSBC Revolution Credit Card is a card that combines a rewards program with a multitude of lifestyle discounts such as discounts on flight bookings, petrol spend and movie tickets.

      Age requirements: 21 years and above

      Min. Income: For Singaporeans and PRs, minimum annual income of S$30,000. For foreigners, minimum annual income to qualify is S$40,000.

      Annual Fee: $160.50 (inclusive of GST). The card also comes with a 2 year annual fee waiver.

      Points Accrual Rate: $1 = 1 Rewards point. 5X points rewards kick in with online, dining and entertainment spend, which includes a whole host of local nightspots and bars.

      Other Benefits: No minimum spending required and no limitations on earning points. Enjoy additional discounts at over 200 participating merchants, one of which up to 16% discount off Caltex and Shell petrol. For a limited time, get $120 cash back/ a American Tourister luggage (worth $260), together with a further $20 cash back for signing up online.

      What You Can Get With a Monthly Spend of $1,500: With 5X Rewards, you get 7,500 points which can get you:

      • 2 Golden Village Movie Passes
      • 2 $10 petrol vouchers valid at Shell and Caltex
      • $20 Department store voucher valid at Isetan, Robinsons, Metro and Tangs

      Who This Is Good For: If catching the latest blockbuster on the weekend, or hanging out at a bar with friends is your relaxation activity of choice, this is a great card for accumulating rewards points. 5X rewards on online shopping is a great way to maximise rewards accrual on your purchases too.

      If you are interested in the HSBC Revolution Credit Card, you can easily apply here.

       

      3. For Luxury Travellers – HSBC Visa Infinite Card

      HSBC Visa Infinite Credit Card

      HSBC Visa Infinite Credit Card


      Card Benefits

        • $1 = Up to 1.25 air miles (Local)
        • $1 = Up to 2.25 air miles (Overseas)
        • Priority Pass™ Membership card will be automatically issued to the primary Cardholder and the supplementary Cardholder(s) - Unlimited access to over 700 VIP airport lounges worldwide
        • Access to HSBC’s Infinite Travel & Lifestyle Concierge service for personalised assistance, 24/7
        • Automatic travel insurance coverage of up to US$2,000,000 (annual value worth S$988)
        • Complimentary limousine transfer and expedited immigration clearance at key airports in Asia

        Ok, so the HSBC Visa Infinite Card is an invite-card, which probably means you’re going to have to be earning a bit more than the average joe. However, the card does offer a slew of travel benefits, especially for people who do travel for business rather often.

        Miles Accrual Rate: For the first year, $1 = 1 mile (local spend) and $1 = 2 miles (overseas spend). For the second year onwards, $1 = up to 1.5 miles (local spend) and $1 = up to 2.5 miles (overseas spend) based on total annual spend in the first year.

        Other Benefits: Enjoy a welcome bonus of 35,000 air miles, as well as one-way limousine transfers to the airport, access to over 700 VIP lounges and expedited immigration clearance at major airports within Asia.

        Who This Is Good For: Clearly, this is not a travel card for leisurely travellers, but for people travelling regularly for business trips who don’t want to deal with the variety of hassles that come with travelling, this is a card that aims to make that travel experience slightly easier. With travel insurance coverage of up to $2 million as well, the card aims to take care of all your peripheral travel needs.

        If you are interested in the HSBC Infinite Visa Card, you can apply here.

        Which is your favourite HSBC card? Share your thoughts here with us!

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