There is currently a very enticing promotion where you can receive a brand new Samsonite Zeltus Spinner 69cm Exp (worth S$680) or S$150 cashback. New HSBC credit cardholders (those who have not held an HSBC card in the past 12 months) who apply for a credit card and get approved can choose to receive one of the abovementioned gifts upon spending S$1,000 in eligible spends by the end of the following calendar month after the card is opened. Existing HSBC cardholders will receive S$50 cashback. This promotion is valid if you sign up until 31st December 2023 11:59pm.
Annual fee is waived for the first year for all the cards listed below except for the HSBC Revolution Card which has its annual fee waived perpetually and for the HSBC TravelOne Card which requires payment of annual fee to receive the sign-up miles. For the other cards, HSBC usually waives the annual fee for succeeding years as long as you actively use the card but if not, you can always cancel to avoid paying the annual fee. You can even cancel the credit card after receiving the sign-up gift or cash reward if you wish.
Once your card is approved, remember to spend at least S$1,000 by the end of the month following card account opening date in order to receive the gift or cash reward. You will get an email within 120 to 150 days with instructions on how to claim your gift. If you are looking for ways to spend S$1,000 within a month, there’s that time-honored method of buying vouchers from NTUC Fairprice and paying for it with your credit card.
Here are the HSBC cards that qualify for the promotion:
HSBC Revolution
Earn 4 miles per S$1 spend on online and contactless payments.
Note: This is my personal pick if you would like to accumulate miles. You can practically use PayWave for most transactions these days. HSBC Revolution Card rewards points in stacks of S$1 instead of S$5. For the HSBC Revolution Card, there is an additional reward of S$30 cash via PayNow upon meeting the minimum qualifying spend, in addition to the luggage OR S$150 cash reward. This additional reward is only applicable if you apply through the below link as it is a Singsaver offer.
Annual Fee: Waived every year
Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)
HSBC TravelOne
Note: For the HSBC TravelOne Card, the reward is in the form of 20,000 miles or 50,000 Rewards Points + S$30 cash by PayNow upon spending S$800 in eligible spends with the card. T&C for the cash reward here. T&C for the sign-up miles here.
Earn 1.2 miles per S$1 spend on local spends / 2.4 miles per S$1 on overseas foreign currency spends. 4x complimentary airport lounge access per year and free travel insurance.
Annual Fee: S$194.40 (pay the annual fee to get the 20,000 miles)
Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)
HSBC Advance
Get 1.5% cashback on all purchases with no minimum spend. Cashback goes up to 2.5% if you spend more than S$2,000 in a month.
Annual Fee: S$194.40 (waived for first year)
Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)
HSBC Visa Platinum
5% cashback on selected categories such as dining and groceries.
Annual Fee: S$194.40 (waived for first year)
Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)
Fulfillment of this promotion is done by HSBC. T&C here.











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