Compare the Best HSBC Credit Cards in Singapore 2018

Updated November 2018

Looking for the best HSBC credit card in Singapore? Compare and find your ideal card with MoneySmart’s easy-to-use credit card comparison tool.

Popular HSBC Credit Cards

HSBC Advance Credit Card
HSBC Advance Credit Card

Up to 3.5%

Cash Back on All Spend

S$125

Cash Back Cap per month

S$0

Min. Spend per month

  • Option 1: Get a Samsonite Astra 55cm luggage (worth S$350)
  • Option 2: S$100 Cash Back

Key Features

  • Up to 3.5% Cash Back on all purchases
  • No minimum spend required
  • Up to 75% off hotel bookings on Agoda and 10% off hotel books on Expedia
  • 1 year card annual fee waiver / Perpetual card annual fee waiver for HSBC Advance banking customers

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
HSBC Revolution Credit Card
HSBC Revolution Credit Card

S$1= 5X Points

on Online, Dining and Entertainment

S$1= 1X Point

on All Other Spend

1 Point = 0.4 Miles

Rewards to Miles Conversion for Selected Airline Partners

MoneySmart Exclusive: Get 6,000 Miles or 15,000 Points when you apply via MoneySmart
  • Enjoy over 1,000 1-for-1 deals through ENTERTAINER with HSBC

Key Features

  • 5X Rewards points (or 2 air miles) per $1 spent on Online, Local Dining and Entertainment transactions
  • $1 = 1 Reward point. No minimum spend and earn as many Rewards points as you like
  • Access over 1,000 1-for-1 deals through ENTERTAINER with HSBC at just S$5
  • 2 year annual fee waiver

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$150
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
HSBC Visa Infinite Credit Card
HSBC Visa Infinite Credit Card

S$1 = Up to 1.25 Miles

Local Spend

S$1 = Up to 2.25 Miles

Overseas Spend

35,000 Miles

Welcome Gift

Key Features

  • Up to 2.25 air miles per S$1 spent
  • 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
  • Complimentary limousine transfer and expedited immigration clearance
  • Automatic worldwide travel insurance coverage for over 20 benefits of up to US$2,000,000

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$650
Supplementary Annual Fee0.0
Fee WaiverNot Available
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$120,000
Foreigner$120,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
HSBC Visa Platinum Credit Card
HSBC Visa Platinum Credit Card

5%

Cash Back on Dining, Groceries, Petrol

S$250

Cash Back Cap per quarter

S$600

Min. Spend per month, per quarter

  • Option 1: Get a Samsonite Astra 55cm luggage (worth S$350)
  • Option 2: S$100 Cash Back

Key Features

  • 5% cash rebates on dining, grocery and petrol
  • Kids now enjoy free movies, meal and trips and many more family offers
  • 1X Reward Point for every S$1 spent
  • S$250 cap per account per quarter

Annual Interest Rate and Fees

Annual Interest Rate25.90%
Principle Annual Fee$193
Supplementary Annual Fee0.0
Fee WaiverAvailable
Minimum Monthly Repayment3% or S$50, whichever is higher
Interest Free Period20 days

Minimum Income Requirements

Singaporean$30,000
Foreigner$40,000

Other

Card AssociationVisa
Wireless PaymentVisa payWave, Apple Pay
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Best HSBC Credit Cards 2018

HSBC Rewards

HSBC rewards programme offers a generous range of rewards to suit all tastes. If you have the HSBC Premier MasterCard you enjoy preferential rate on rewards redemption.

HSBC rewards points

When you use your card for an eligible transaction, you automatically receive points, which you can then use to redeem rewards. When you have accumulated enough points to make a redemption, you can browse the HSBC rewards catalog to see what you qualify for. If you own the HSBC Premier Card, you enjoy preferential rewards. For instance, other HSBC credit card holders need 10,500 points to redeem the S$50 HSBC’s Jewellery Voucher (valid at Joyalukkas and Lee Hwa Jewellery) but if you have the HSBC Premier MasterCard, you only need 9,450.

HSBC rewards catalog

The rewards catalog offers a wide range of rewards that include vouchers, frequent flyer miles, products, movie passes, and travel packages. Some highlights include $30 wine vouchers that can be redeemed at 75CL.SG or The Straits Wine Company, $50 Dynasty Travel vouchers, Golden Village movie passes and a 70cl bottle of Roku Gin. You can also swap your points for cash donations to selected charities.

HSBC rewards redemption

To make a redemption on the rewards you have accumulated by making purchases on your HSBC credit cards, you can use the internet banking account or use phone banking. Or, you can fill up the redemption form and send to the bank via fax or post. Redemption typically requires 3 weeks.

HSBC Credit Card Promotions

HSBC cardmembers enjoy many dining, travel, shopping and entertainment promotions. Current promotions include 20% off storewide at Lazada capped at $10, $10 off Deliveroo when you spend at least $40 and 15% off at Zalora.

The Entertainer subscribers also get to unlock exclusive Entertainer with HSBC deals that include 1-for-1 main courses at Fat Cow, Jamie’s Italian Singapore and Kith Cafe.

Currently, there is an ongoing promotion where you can get a Samsonite Astra 55cm luggage or $100 cash back when you apply by 31 December 2018 and spend a minimum of $600 within the first month. There is an additional gift of $50 worth of Grab rides when you apply online by 31 October 2018.

More From TheMoneySmart Blog

Check out our blog for more personal finance tips and insights.

HSBC Movie Card

The HSBC Weekdays Movie Card gets you 10 Golden Village weekday movie tickets for $70, while their All-Days Movie Card gets you 10 Golden Village movie tickets on any day of the year for $95. Both cards also entitle you to $1 off the Combo of the Week. To qualify for the HSBC Movie Card, you must be an HSBC credit or debit cardholder. You can purchase the HSBC Movie Card at any Gold Village box office or online at gv.com.sg.

HSBC Credit Card Hotline

The HSBC credit card hotline is 1800 4722 669. You can check your account balance, report loss of credit cards and reach a customer service officer through the hotline. To reach HSBC Personal Banking, you can call +65 6472 2669.

Frequently Asked Questions

How do I apply for an HSBC credit card?

You may scroll up to compare HSBC credit cards and apply for one via MoneySmart. You must be at least 21 years of age with a minimum yearly income of $30,000 for Singaporeans and permanent residents (PR). Before applying, get ready your income documents (eCPF) and a photocopy of the front and back of your NRIC.

How do I check my HSBC credit card balance?

Checking your HSBC credit card is easy with the mobile banking app. Access the app by keying in your username and password. Click on “Balances”. From the list of accounts and credit cards displayed, select the one that you want to view. At the same time, you can also see the latest credit card transactions, the payment due date for your credit card bill and statement balance.

How do I track my HSBC credit card application?

In order to see the progress of your HSBC credit card application, you can use the special Credit Card Application Tracker on HSBC’s website. Simply key in your date of birth and NRIC number and you will be able to easily check the application status of your HSBC credit card.

Which HSBC credit card Singapore is the best?

If you prefer a cashback card, you might want to go for the HSBC Advance Card, as you can earn up to 3.5% on all transactions as an advance banking customer. If you prefer reward points, go for the HSBC Revolution card, which gives you 5x points on entertainment, dining and online purchases and 1 point per dollar for all other purchases. The HSBC Visa Infinite Credit Card is the best HSBC air mile card as it offers 1.25 air miles for every $1 spent locally and 2.24 air miles for every $1 spent overseas.