HSBC Revolution Credit Card Review (2026): Earn up to 8 mpd, Permanent Travel Bonuses, and Visa Signature Upgrade
Updated: 27 Mar 2026
Written bySingSaver Team
Team
The 2026 Mega-Update!
🚨 Effective 1 April 2026, the HSBC Revolution Card has completely reversed its previous nerfs!
4 mpd is permanent again: Travel and contactless spending bonuses are no longer temporary promos; they are permanently back.
8 mpd for EGA Savers: If you maintain a S$50,000 Average Daily Balance (ADB) in an HSBC Everyday Global Account (EGA), your earn rate doubles to an incredible 8 mpd.
Free Upgrades: The card has been upgraded to a Visa Signature, and complimentary travel insurance has been fully reinstated.
Intrigued? Here’s a closer look at the HSBC Revolution Credit Card.
For more HSBC credit card options, check out our blog listing the best HSBC credit cards today.
Looking for the best credit cards to complement your spending patterns and expenditure in 2026? 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.
Card | Hot Reward Pick | SingSaver Reward | Card Benefit | Min. Annual Income | Annual Fee | ||
|---|---|---|---|---|---|---|---|
 | HSBC Revolution Credit Card | S$799 | 0.4 | S$65,000 | No Annual Fee |
HSBC Revolution Credit Card Overview
HSBC Revolution Credit Card product summary:
- [Updated from 1 Apr, 2026] Up to 20X Rewards Points / 8 mpd on online and contactless purchases (including dining, shopping, and travel) for "Enhanced" cardholders with a S$50,000 ADB in an HSBC EGA. Bonus capped at S$1,200 spend/month.
- [Updated from 1 Apr, 2026] 10X Rewards Points / 4 mpd for "Regular" cardholders on online and contactless purchases. Bonus capped at S$1,000 spend/month.
- 1X Rewards Point / 0.4 mpd for all other spending.
- No credit card annual fee.
- Minimum income requirement: S$65,000
| Pros ✅ | Cons ❌ |
|
Up to 8 mpd for high-savers (EGA customers) |
8 mpd tier requires tying up S$50,000 in cash |
| No credit card annual fee | Fast Food (MCC 5814) remains strictly excluded |
| Permanent 4 mpd on travel and contactless for regular users | Regular monthly bonus cap reduced to S$1,000 |
| Free travel insurance and Visa Signature perks | Miles conversion comes in blocks of 25,000 points |
Benefits of the HSBC Revolution Credit Card
Great way for both low spenders and high savers to generate air miles
The HSBC Revolution credit card has evolved into a two-tier powerhouse.
For regular cardholders: You earn 10x rewards points (4 air miles) per dollar spent on eligible online and contactless purchases. This bonus is capped at the first S$1,000 spent each calendar month. This means you can easily earn 4,000 air miles each month. In contrast, with a standard 1.2 mpd card, you’d need to spend over S$3,300 to earn the same amount! If your monthly credit card spend hovers around S$1,000, this remains one of the best cards to collect miles for your next trip.
For high savers (Enhanced Cardholders): If you maintain a minimum Average Daily Balance (ADB) of S$50,000 in an HSBC Everyday Global Account (EGA), you are bumped up to an incredible 20x rewards points (8 air miles) per dollar spent. Your monthly bonus cap also increases to S$1,200. Maxing this out nets you an unmatched 9,600 miles a month!
The Reversal of the Nerfs: Contactless and Travel are PERMANENTLY Back!
Previously, the HSBC Revolution suffered from back-to-back nerfs that temporarily restricted it to an "online-only" card and excluded travel. You can officially forget about that. From 1 April 2026, HSBC has permanently restored both Contactless payments (Apple Pay, Google Pay) and Travel as eligible bonus categories. You no longer have to worry about promo expiry dates—tap away for your groceries, dining, and flight bookings knowing your 4 mpd (or 8 mpd) is safe.
Note: Fast Food (MCC 5814) remains excluded. Be careful when using the card at places like McDonald's or on certain food delivery platforms that may code as fast food.
| Category | Conditions | Exclusions to Note |
| Dining | Online & Contactless | Excludes Fast Food (MCC 5814) like McDonald's, GrabFood (sometimes), and PS Cafe. |
| Shopping | Online & Contactless | Department stores, electronics, apparel, and duty-free are eligible. |
| Travel | Online & Contactless | Airlines, hotels, car rentals, and cruise lines are fully eligible. |
| Transport & Membership | Online & Contactless | Includes grab rides, gojek, and public transport (SimplyGo). |
Multiple ways to use rewards points
There are three ways you can put your rewards points to work for you.
The first is to convert them into air miles, which you can redeem for free flights, upgrades and such. You can do so at a rate as high as 8 miles per dollar for Enhanced cardholders, or 4 miles per dollar for regular cardholders (see above).
Another way to derive value from your credit card spends is via HSBC’s Pay With Points programme. This allows you to use your rewards points to offset your bill, starting with 4,000 points for S$10, and 400 points for S$1 thereafter. This is equivalent to a cashback rate of 2.5%.
And the third option to use your rewards points is simply to redeem them for lifestyle rewards, including products, gadgets and vouchers - available on the HSBC Rewards Redemption page.
Complimentary travel insurance and Visa Signature perks reinstated
Good news for travelers: complimentary travel insurance has been reinstated as of 1 April 2026. If you charge your air tickets (or even the taxes and surcharges on an award flight redemption) to your HSBC Revolution card, you are covered. The base coverage includes up to S$1,000,000 for emergency medical evacuation, S$500,000 for accidental death, and basic inconveniences like flight delays (S$500) and luggage loss (S$500).
On top of this, the card has been officially upgraded from Visa Platinum to Visa Signature. This grants cardholders access to the Visa Signature Luxury Hotel Collection and a fast-track to Avis President’s Circle status.
HSBC Rewards Points credited time
Reward points earned from eligible transactions consist of two parts:
-
Base 1X Points: Credited into your account based on your statement cycle.
-
Bonus Points (9X for Regular, 19X for Enhanced): Credited into your account on the last day of the following calendar month from the posted transaction date.
For example, if you spend S$100 on an eligible contactless dining transaction on 5 November, you'll earn the base 1X points (100 points) in your next statement cycle. The bonus points (900 points for regular users, or 1,900 points for EGA users) will be credited by 31 December at the latest.
How to calculate HSBC Rewards Points?
The best way to maximise your HSBC Revolution Credit Card is to hit your respective monthly bonus cap.
For Regular Cardholders (S$1,000 cap):
-
1X base points * S$1,000 = 1,000 Points
-
9X bonus points * S$1,000 = 9,000 Points
-
Total = 10,000 Points (4,000 Miles)
For Enhanced Cardholders with S$50k EGA ADB (S$1,200 cap):
-
1X base points * S$1,200 = 1,200 Points
-
19X bonus points * S$1,200 = 22,800 Points
-
Total = 24,000 Points (9,600 Miles)
Also note that HSBC Rewards Points do not pool. Thus, you cannot combine points from other HSBC cards to convert them into miles. However, the card boasts up to 20 airline and hotel transfer partners with fee-free conversions.
Real-World Example: Fast-Tracking Your Trip to Japan ✈️🇯🇵
Let’s put these calculations into perspective. Say you are planning a trip to Japan, which easily involves flights, hotel bookings, and dining—all of which fall perfectly into the Revolution's permanent bonus categories.
Scenario A: The Regular Spender (4 mpd)
-
You book S$1,000 worth of flights and hotels online.
-
Miles Earned: 4,000 miles.
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You spend S$1,000 a month on dining/shopping via contactless for the next 6 months, stacking up 24,000 miles.
-
Total: 28,000 miles. That’s enough for a one-way Singapore Airlines Economy Saver ticket to Tokyo (27,000 miles required), or a round-trip ticket to Bali!
Scenario B: The Enhanced Spender (8 mpd)
-
You book S$1,200 worth of flights/hotels online for Japan.
-
Miles Earned: 9,600 miles.
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When you are in Japan, you use your Revolution card via Apple Pay/Google Pay for your meals, shopping, and Suica top-ups up to S$1,200 in that calendar month.
-
Miles Earned: Another 9,600 miles.
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Total: 19,200 miles just from S$2,400 of spending over two months! If you max out your 8 mpd cap over the course of a year (S$14,400 spend), you will net 115,200 miles. That’s enough for a First Class / Suites ticket to Japan (with miles left over) or a Business Class ticket to Europe!
What charges or fees should you look out for?
- No annual fee
- Late payment fee: S$100
- Minimum monthly payment: S$50 or 100% of monthly instalment amount (if any) and 100% of any interest, late fees, annual credit card fees, and overlimit fees; 1% of remaining outstanding balance, plus excess amount above credit limit also applies
- Overlimit fee: S$40
- Cash advance fee: 8% of amount withdrawn, or S$15, whichever is greater
- Cash advance interest rate: 28% p.a.
- Interest on purchases: 27.8% p.a. compounded daily from date of transaction until full payment is made; minimum S$2.50 charge applies
- Foreign currency transaction fee: 3.25%
- Dynamic currency conversion (DCC) fee: 1%
- Annual mileage programme fee: Mileage conversions are now instant and fee-free!
Eligibility criteria
- At least 21 years old
| Nationality / banking relationship | Existing HSBC customers with TRB of ≥SGD50,000 | Existing HSBC customers with TRB of <SGD50,000 | New HSBC customers |
|---|---|---|---|
| Singaporean / Singapore permanent residents (salaried employees) | SGD30,000 | SGD65,000 | SGD65,000 |
| Singaporean / Singapore permanent residents (self-employed / commission-based earners) | SGD40,000 | SGD65,000 | SGD65,000 |
How to apply?
Click on the ‘Apply Now’ button on the HSBC Revolution product page and follow the on-screen instructions. You will need to prepare the following documents for the application process:
- Front and back of NRIC/Passport/Employment Pass/Proof of billing address
- Salaried employees: Past 12 months' CPF statement (Singaporean/PR), latest Income Tax Notice of Assessment via Myinfo, and latest 3 months' original computerised payslip
- Self-employed: Past 12 months' CPF statement and latest Income Tax Notice of Assessment
- Latest 1 year's Notice of Assessment only required if the above is not available
Is the HSBC Revolution Credit Card for you?
The HSBC Revolution has officially reclaimed its throne as an absolute wallet essential.
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For the average spender: The permanent return of travel and contactless 4 mpd makes it an incredibly versatile, hassle-free card, provided you keep your bonus spend under the S$1,000 monthly cap.
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For the high-saver: Pairing the HSBC Revolution with an EGA account to unlock 8 mpd is the ultimate life-hack for 2026. If you have S$50,000 in liquid cash, the massive mileage return makes this a no-brainer.
Another point in this card's favour is the perpetually waived annual fee. This means that you to keep all of the rewards you earn from your spending, instead of having some of it clawed back to pay for the annual fee.
Alternative air miles credit cards you might be interested in
Think other air miles cards might be a better fit for you? Here are other alternative choices we think you might like.
Card | Hot Reward Pick | SingSaver Reward | Card benefit | Min. Annual Income | Annual Fee | ||
|---|---|---|---|---|---|---|---|
 | HSBC TravelOne Credit Card | S$799 | 1.2 - 2.4 | S$65,000 | S$196.20 | ||
 | Citi Rewards Card | S$799 | 1 - 10 | S$30,000 | S$196.20 | ||
 | Citi PremierMiles Card | S$799 | 1.2 - 10 | S$30,000 | S$196.20 | ||
 | DBS Live Fresh Card | S$679 | 0.3 - 9.25 % | S$30,000 | S$196.20 | ||
 | OCBC 90°N Visa Card | S$799 | 1.3 - 7 | S$30,000 | S$196.20 |
About the author
SingSaver Team
At SingSaver, we make personal finance accessible with easy to understand personal finance reads, tools and money hacks that simplify all of life’s financial decisions for you.