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Best HSBC Credit Card Promotions: HSBC Revolution vs HSBC Advance vs HSBC Visa Platinum Comparison Review

Emma Lam

Emma Lam

Last updated 17 March, 2023

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

Earn 10X Rewards Points / 4 miles per dollar / 2.5% cashback: HSBC Revolution Card
Earn up to 3.5% cashback with no min. spend: HSBC Advance Credit Card
Earn 5% cash rebate on dining, groceries, and fuel: HSBC Visa Platinum 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

Looking for the best credit cards to complement your spending patterns and expenditure in 2023? Check out our Ultimate Credit Card Guide that covers all things credit cards in Singapore – from choosing between a cashback, miles, or rewards credit card to planning your credit card strategy.

Overview: Best HSBC Credit Cards in Singapore 2023

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

Credit card
Key benefits
Ongoing promotion
HSBC Revolution Card
10X Rewards Points (4 mpd) on online and mobile contactless spend
Bonus rate capped at S$1,000 monthly spend
No annual fee

HSBC Credit Card Welcome Gift: Receive a Samsonite Prestige 69cm Spinner Exp with built-in scale (worth S$670) or S$200 cash back when you make a min. spend of S$500 by the end of the following calendar month from the card account opening date. Valid till 30 April 2023. T&Cs apply.


HSBC Advance Credit Card
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
HSBC Visa Platinum Card
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


SingSaver Exclusive Promotion: Apply for our exclusive credit cardtravel insurancecar insurancepersonal loaninvestmentsavings account, and priority banking deals to score raffle tickets (up to 3x chances) in our March Madness Grand Lucky Draw!

Over S$20,000 worth of prizes are up for grabs, including 1x pair of Business Class Round Trip to Tokyo (worth S$9,000), 2x PlayStation 5 God of War Bundle (worth S$1,798), 2x OSIM uThrone Gaming Massage Chair (worth S$3,198) and other awesome prizes (worth over S$9,000).

Valid till 2 April 2023. T&Cs apply.

Golden Ticket (3x chance)
Silver Ticket (2x chance)
Bronze Ticket (1x chance)
  • Credit Cards: Amex Singapore Airlines KrisFlyer Ascend Card | Amex Platinum Card | Amex Platinum Charge Card | Standard Chartered Smart Card | Standard Chartered SimplyCash Card | Standard Chartered Rewards+ Card | UOB Absolute Cashback Card | UOB One Card | UOB EVOL Card | UOB Lady's Card | KrisFlyer UOB Card | UOB PRVI Miles AMEX Card | UOB PRVI Miles Visa Card | UOB PRVI Miles Mastercard

  • Travel Insurance: Starr TraveLead | MSIG TravelEasy

  • Car Insurance: FWD Car Insurance


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 plus travel. 😋

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 (10,000 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).

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:

Monthly spend
Base cashback
Maximum cashback cap per calendar month
S$2,000 and below
Above S$2,000

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$370 or S$570 depending on your savings account tier.

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 (2023)
Best Rewards Credit Cards in Singapore (2023)
Maybank Family & Friends Card Review (2023)
Credit Card Comparison: UOB One vs HSBC Visa Platinum vs Citi Cash Back

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!

HSBC Credit Card Welcome Gift: Receive a Samsonite Prestige 69cm Spinner Exp with built-in scale (worth S$670) or S$200 cash back when you make a min. spend of S$500 by the end of the following calendar month from the card account opening date. Valid till 30 April 2023. T&Cs apply.


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 Premier and HSBC Personal Loan? Are they any good?

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
How to apply for HSBC Premier in Singapore
(For new-to-HSBC customers)
Method #1
Step #1: Open an HSBC Everyday Global Premier Account
Step #2: Deposit a minimum Total Relationship Balance of S$200,000
Credit a minimum salary of S$15,000 into account
Method #2
Apply for an HSBC home loan of either:
- Singapore property loan of at least $800,000
- Australian property loan of at least AUD$200,000
Method #3
Speak with relationship manager if already an HSBC Premier customer in another country/region

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 EGA Welcome Gift: Deposit incremental SGD Average Balances with your EGA account to earn up to 5.7% Max. Bonus Interest Rate when you qualify for HSBC Everyday + Rewards Program. T&Cs apply.

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.

Personal Line of Credit Instalment Plan Promo
Cashback earned on approved loan amount
Base cashback
Additional cashback (Digital exclusive)
Total cashback
Up to 1.5% or S$3,000

Read our full HSBC Personal Loan review here.


SingSaver Exclusive Promo: Receive an Apple iPhone 14 Pro 256GB (worth S$1,836) or a Garmin Fenix 7 Black DLC (worth S$1,429) or an Apple iPad 10th Gen 64GB + Apple AirPods Pro 2nd Gen (worth S$1,047.65) or an Apple AirPods Max (worth S$806.45) or a Dyson AM07 (worth S$459) or S$50 cash via PayNow upon the approval of your HSBC Personal Loan. Valid till 2 April 2023. T&Cs apply.

Plus, score a SILVER ticket (2x chance) in our March Madness Grand Lucky Draw when you apply, for a chance to win your share of over S$20,000 worth of prizes! Valid till 2 April 2023. T&Cs apply.

Read these next:
Credit Card Promotions: Exclusive on SingSaver (2023)
Best Credit Card Strategies to Maximise Your Miles For the Year Ahead
Cashback vs Miles vs Rewards: Which is the Best Credit Card?
Your Go-To Personal Loans Guide in Singapore
Best Personal Loans to Ease Cashflow in Singapore (2023)
Normal Banking vs Priority Banking: Which Should I Choose?

With a minor problem of ‘itchy fingers’ when it comes to checking out at flash deals and sales, Emma is on a lifelong journey to understand what being financially independent in adulthood means. That said, her inner child is still very much alive… with animals and gaming (especially Pokémon) being her weak spot.