Best HSBC Credit Cards: HSBC Revolution vs HSBC Advance vs HSBC Visa Platinum vs HSBC TravelOne Comparison Review

Thinking about snagging an HSBC credit card soon? Take a look at our four best HSBC sign-up promos running on SingSaver now!

10X Rewards Points / 4 mpd / 2.5% cashback: HSBC Revolution Card
Up to 3.5% cashback with no min. spend: HSBC Advance Credit Card
5% cash rebate on dining, groceries, and fuel: HSBC Visa Platinum Card
1.2 mpd on local spend & 2.4 mpd on foreign spend: HSBC TravelOne Card

By now, HSBC is a regular name in the credit card game – particularly in the miles scene. With popular miles cards like HSBC Revolution Card offering up to 4 miles per S$1 spend, it’s not difficult to see why.

On top of that, its cashback credit cards are also a force to be reckoned with – catering cash rebates from all spend to targetted categories. For instance, the HSBC Advance Credit Card rewards up to 3.5% cashback on all eligible transactions with no minimum spend whereas the HSBC Visa Platinum Credit Card rewards up to 5% cashback on family expenses.

If any of these HSBC cards sound right up your alley, then keep on reading to see what these cards have to offer as well as the exclusive HSBC credit card promotions and deals we currently have ongoing!

Table of contents

• Overview: Best HSBC Credit Cards in Singapore
• Best HSBC credit card for online and mobile contactless spend
• Best HSBC credit card for fuss-free spending
• Best HSBC credit card for family expenses
• Exclusive HSBC credit card deals and promos on SingSaver
• Other HSBC products and services: HSBC Everyday+ Rewards, HSBC Personal Loan, HSBC Premier

Overview: Best HSBC Credit Cards in Singapore

Note: “XX mpd” refers to “XX miles per S$1 spend”.

Credit card	Key benefits
HSBC Revolution Card Apply Now	10X Rewards Points (4 mpd) on online and mobile contactless spend   Bonus rate capped at S$1,000 monthly spend   No annual fee   Card T&Cs
HSBC Advance Credit Card Apply Now	Up to 3.5% cashback on all eligible spend Up to 2.5% base cashback Additional 1% HSBC Everyday+ cashback with HSBC Everyday Global Account Base cashback capped at S$70 per month   Bonus cashback capped at S$300/S$500 per month   1-year annual fee waiver   Card T&Cs
HSBC Visa Platinum Card Apply Now	5% quarterly cash rebate on dining, groceries, and fuel   1 Reward Point per S$1 on retail spend   Additional 1% HSBC Everyday+ cashback with HSBC Everyday Global Account   Min. S$600 monthly spend   Quarterly cashback capped at S$250   No annual fee   Cash rebate T&Cs
HSBC TravelOne Card Apply Now	Rewards Points (1.2 mpd) on local spend   6X Rewards Points (2.4 mpd) on foreign currency spend   4 complimentary airport lounge access per year   Over 20 travel partners by end of 2023: Air France/KLM, airasia, British Airways, Cathay Pacific, Etihad Airways, EVA Air, Qantas, Singapore Airlines, Vietnam Airlines, Accor Live Limitless, IHG One Rewards, Marriott Bonvoy, and more   Up to US$100,000 complimentary travel insurance coverage   No conversion fee (Valid till 31 May 2024)

Best for online and mobile contactless spend: HSBC Revolution Card

By now, most would be familiar with the cult favourite miles card, the HSBC Revolution Card. 

But for the uninitiated, it’s one of the best miles credit cards you should get your hands on – especially our chronic online shoppers and “I-don’t-bring-cash-out, I-pay-for-everything-by-phone” fiends. 

Why? Just for the very simple fact that it rewards cardholders with up to 10X Rewards Points (4 mpd) on eligible online and mobile contactless spend. Eligible categories include dining, travel, retail, and groceries – so basically, everyday spend. 😋

[Update!] From 1 January 2024 onwards, HSBC Revolution will no longer earn 10X Rewards on MCC 4722 (Travel Agencies & Tour Operators) and MCC 7011 (Lodging - Hotels, Motels, and Resorts).

This is a significant change since HSBC Revolution follows a bonus whitelist eligibility approach and also has been a go-to miles card for overseas travel. Also, take note of certain major hotel chains that code their own unique MCCs in the 3500-3999 range. For instance, Hilton codes for MCC 3504 whereas Hyatt codes for MCC 3640, and so on. 

💡Pro-tip: If you're looking for a card specifically for travel purposes, you can consider the HSBC TravelOne Credit Card instead. More on that below. 

All other retail spend (e.g. tapping credit card directly) will earn 1X Rewards Point (0.4 mpd) only.

So in essence, the 10X Rewards Points or 4 mpd is broken down as such:

• 1X Base Rewards Point (0.4 mpd)
• 9X Bonus Rewards Points (3.6 mpd)

This rebate rate is capped at S$1,000 spend (9,000 Bonus Points) per calendar month, so once you exceed this limit, you’ll no longer earn the bonus 9X Rewards Points (3.6 mpd). Instead, any amount above S$1,000 will revert to the base 1X Rewards Point (0.4 mpd). Meanwhile, base points are limitless and have no cap.

And we almost forgot to mention the best part: there are no annual fees, like ever.

💡 Pro-tip: Other 4 mpd credit cards are DBS Woman’s World, Citi Rewards, and UOB Preferred Platinum Visa.

Read our full HSBC Revolution Card review here.

Best for fuss-free spending: HSBC Advance Credit Card

Typical unlimited cashback cards offer between 1.5% to 2% cashback on all spend, but with the HSBC Advance Credit Card, it’s different. How so?

Well, the HSBC Advance Credit Card offers up to 3.5% cashback on eligible transactions with no minimum spend. It also adopts a blacklist approach to qualifying merchants, so as long as your transaction doesn’t fall under a merchant exclusion it’s fair game.

The only caveat is that there are some minor conditions in order to cap out its cashback. For clarity, its 3.5% cashback consists of 2.5% base cashback and 1% additional HSBC Everyday+ cashback. 

Its base cashback can be further broken down into:

So yes, unfortunately, the HSBC Advance Credit Card’s base cashback is limited. So regardless if you spend under or above S$2,000, your cashback will be capped at S$70 per calendar month.

But wait, what about the additional 1% cashback? To earn that, you’ll need to open an HSBC Everyday Global Account and complete two steps:

• Deposit a minimum of S$2,000 fresh funds (or S$5,000 for HSBC Jade or Premier customers) per month
• Perform 5 eligible transactions per month

And voila! You’ve just earned yourself an extra 1% HSBC Everyday+ cashback. And best of all, it has a higher cashback cap of S$300 (or S$500 for HSBC Jade or Premier customers) per calendar month.

This effectively brings your total cashback cap to S$600 or S$800 depending on your savings account tier and bonus interest.

Overall, the HSBC Advance Credit Card is ideal for satisfying big-ticket purchases like wedding expenses and home renovation costs.

Read our full HSBC Advance Credit Card review here.

Read more:
How to Maximise Miles Earned on Big Ticket Spending
How to Save Thousands of Dollars on Home Renovation in Singapore
Money Confessions: We Blew Our Wedding Budget by S$30,000

Best for family expenses: HSBC Visa Platinum Card

If you’re a DINK (dual-income-no-kids) couple, you might want to look at the two previous credit cards. But if you’re the opposite with a couple of kids in tow, the HSBC Visa Platinum Card might be your saving grace for family expenses.

Apart from looking like an HSBC Revolution darker grey knockoff, the HSBC Visa Platinum Card is a decent cashback card offering 5% quarterly cash rebate on eligible dining, grocery, and fuel transactions with a minimum S$600 monthly spend.

The only downside is that you’ll need to hit this monthly spend for at least three consecutive months in order to qualify for the cashback. Furthermore, cashback is capped at S$250 per quarter.

💡 Pro-tip: This is a comparable cashback rate to the POSB Everyday Card (5% on Sheng Siong groceries).

Besides that, similarly to the HSBC Advance Card, you can also earn an additional 1% HSBC Everyday+ cashback with the HSBC Everyday Global Account. To reiterate, you’ll have to:

• Deposit a minimum of S$2,000 fresh funds (or S$5,000 for HSBC Jade or Premier customers) per month
• Make 5 eligible transactions per month

Additional cashback is capped at S$300 per calendar month (S$500 for HSBC Jade or Premier customers).

But that’s not all. This credit card adds a unique twist to the cashback formula by offering 1X Reward Point per dollar on eligible shopping. With that, you’ll gain access to over 1,000 HSBC ENTERTAINER deals and be able to redeem more fun perks and experiences for your little ones.

Also, if you’re the household’s designated chauffeur, treat yourself to up to 17% fuel savings at Shell and Caltex kiosks. Hopefully, that’ll ease your driving woes a little.

And as the cherry on top, there are no annual fees whatsoever.

Read more:
Best Petrol Credit Cards in Singapore
Best Rewards Credit Cards in Singapore 
Maybank Family & Friends Card Review 
Credit Card Comparison: UOB One vs HSBC Visa Platinum vs Citi Cash Back

Best for the global traveller: HSBC TravelOne Card

Still in the midst of planning your June holidays, or maybe even for the year-end holidays already? 😏 For those in need of a swanky, brand new travel card, look no further than HSBC's newest miles credit card launch – the HSBC TravelOne Card.

It took the market by storm with its impressive array of hotel and airline partners like Accor Live Limitless, IHG One Rewards, Marriott Bonvoy, British Airways, Cathay Pacific, Singapore Airlines, and counting! 

💡Fun fact: It currently works with the most travel partners out of any miles card and even promises more than 20 partners by the end of 2023!

Additionally, cardmembers are entitled to 4 complimentary airport lounge access 

But if that's not convincing enough, it earns 3X Rewards Points (1.2 mpd) on local spend and 6X Rewards Points (2.4 mpd) on foreign currency spend. In contrast to the HSBC Revolution, the HSBC TravelOne follows a merchant blacklist approach; so as long as your transaction doesn't fall under its MCC exclusions, it's as good as gold!

You can even apply for up to five supplementary cards with lifetime annual fee waivers. Basically, you and your entire family are settled for life.

Read our full HSBC TravelOne Credit Card review here.

Exclusive-to-SingSaver: HSBC credit card sign-up promos

Thinking of trying out any of these HSBC credit cards? Be sure to make use of these sign-up promotions to enjoy rewards!

Other HSBC products and services to consider

Now, we’ve covered a lot on HSBC credit cards and even the HSBC Everyday Global Account to earn that sweet 1% extra cashback. But what about other HSBC products and services like HSBC Everyday+ Rewards, HSBC Premier, and HSBC Personal Loan? Are they any good?

HSBC Everyday+ Rewards

The HSBC Everyday Global Account is a multi-currency account that allows you to transact in 11 different currencies. With zero fees involved, you can shop, withdraw funds, make international transfers, and exchange currencies any time subjected to real-time exchange rates.

On top of a 1% cashback on qualifying credit card transactions, HSBC EGA holders will earn 1% bonus interest on incremental SGD balances.

To qualify for the Sure-Win Promotion, HSBC customers will need to maintain the respective minimum balances and make 5 eligible transactions on the account. 

HSBC Premier

Well, if you’ve read our above credit card entries, HSBC Premier has popped up a few times in relation to earning more cashback with an HSBC Everyday Global Account and an eligible HSBC credit card – but we haven’t exactly gone into detail.

Basically, HSBC Premier is an elite service that provides a wide variety of privileges to members as seen in the following:

• Dedicated HSBC Premier Relationship Directors to curate and tailor wealth management solutions, including legacy planning and tax advisory
• Prioritised services and preferential pricing on selected HSBC products
• Gain access to HSBC Global Private Banking wealth insights and events
• Unlock exclusive range of Premier rewards, offers, and partnerships
• Unlock access to HSBC Concierge Services internationally 
• Premier status for spouse and up to three children (aged 12 to 30) with no minimum Total Relationship Balance requirement

So if you’re looking to elevate your banking experience, the HSBC Premier is one way.

Read our full HSBC Premier Banking review here.

HSBC Personal Loans

While everyone has a different reason for applying for personal loans, there isn’t really any shame in borrowing money out of necessity or funding an upcoming big expense. That said, HSBC’s personal loan is known for offering one of the lowest interest rates at 4.0% p.a. (EIR 7.5% p.a.) with zero processing fee over a tenure of 1 to 7 years.

💡 If you’re an existing HSBC Premier customer, you’ll get a better promo rate of 3.4% p.a. (EIR 6.5% p.a.).

What’s more, sign up now and be entitled to up to S$3,000 cashback. This is subject to a minimum approved loan amount of S$10,000 and tenure of at least 3 years.

Read our full HSBC Personal Loan review here.