HSBC Advance Credit Card

Who is this card for

The HSBC Advance Credit Card is ideal for Singaporeans who spend moderately—around $2,000 to $2,800 a month—and want a fuss-free way to earn cashback. With a flat 1.5% cashback (boosted to 2.5% above $2,000 spend) and no need to track categories, it’s perfect for those who value simplicity. It also rewards big-ticket spending like weddings or home reno, especially when paired with the HSBC Everyday+ programme, which adds up to 1% more cashback. Just tap, spend, and save—no spreadsheets required.

Compare to other cards

If you're looking for a card that rewards you across the board with no spending hoops to jump through, the HSBC Advance Credit Card stands out with a flat 1.5% cashback on all spending—boosted to 2.5% when you spend $2,000 or more monthly, and up to 3.5% when you pair it with the HSBC Everyday+ programme. That’s a solid offering compared to the DBS Live Fresh Card, which offers higher rates (up to 6%) but only on select categories and with minimum spend requirements.

The Citi Cash Back Card offers up to 8% cashback on dining, groceries, and private commute, but limits rewards to a monthly cashback cap of $80 and requires $800 minimum spend, making it more restrictive for those with varied spending habits. HSBC Advance, on the other hand, gives you consistent cashback across all categories, with no minimum spend to start earning rewards.

You’ll also enjoy added lifestyle value with exclusive 1-for-1 ENTERTAINER deals, e-Commerce protection, and complimentary travel insurance when full fares are charged to your card—perks that stack up well against both DBS and Citi options. If flexibility, uncapped cashback, and all-round benefits are what you value, the HSBC Advance Credit Card delivers dependable rewards without the complexity.

HSBC Advance Credit Card

Interest rate:25.9%

Annual fee: $196.20 (first year waived)

Minimum annual income:

• $30,000 for Singaporeans and PRs
• $40,000 for foreigners

Benefits:

• 1.5% cashback on all spending; 2.5% if monthly spend exceeds $2,000
• Additional 1% cashback with HSBC Everyday+ programme, up to 3.5% total
• No minimum spend required
• Exclusive 1-for-1 offers via the ENTERTAINER with HSBC app
• Complimentary e-Commerce protection for online purchases
• Up to $1 million in complimentary travel insurance coverage when the full fare is charged to the card.

DBS Live Fresh Card

Interest rate: 27.8%

Annual fee: $196.20 (first year waived)

Minimum annual income:

• $30,000 for Singaporeans and PRs
• $45,000 for foreigners

Benefits:

• Up to 6% cashback on shopping and transport spend (requires a minimum spend of $800 per month)
• 0.3% unlimited base cashback on all spending
• Additional 5% Green Cashback on selected eco-eateries, retailers, and transport services
• Access to Fresh Deals, including entertainment, shopping, dining, and travel offers

Citi Cash Back Card

Interest rate: 27.9%

Annual fee: $196.20 (first year waived)

Minimum annual income:

• $30,000 for Singaporeans and PRs
• $42,000 for foreigners

Benefits:

• 8% cashback on private commute and petrol spend worldwide (requires a minimum spend of $800 per month, overall cashback capped at $80 per month)
• 6% cashback on dining and groceries spend worldwide (requires a minimum spend of $800 per month, overall cashback capped at $80 per month)
• Up to 23.64% fuel savings at Caltex, Esso, and Shell

Credit card application

Step 1: Start your application on SingSaver

Click the “Apply Now” button on this page to begin your application. You’ll be redirected to HSBC’s official application portal after entering your email address so that we can send you the exclusive rewards details.

Then, to speed things up, log in with your SingPass MyInfo. HSBC will automatically retrieve your personal and income details, so you don’t have to fill in everything manually. Most applicants receive a decision within minutes.

Step 2: Submit required documents (if needed)

In some cases, HSBC may request additional documents like:

• Latest payslip or CPF Contribution History
• Income Tax Notice of Assessment (NOA)
• Proof of address for foreigners

Step 3: Receive and activate your card

Once approved, your HSBC Live+ Credit Card will be mailed to you. You can activate and manage your card using the HSBC Singapore mobile app.

Step 4: Redeem your SingSaver rewards

After you’ve completed the required minimum spend, follow the instructions in the reward redemption email from SingSaver. Submit your application reference number and any required documents within the stated deadline to claim your exclusive gift.