HSBC Advance Credit Card

HSBC Advance Credit Card

The HSBC Advance Credit Card is a perfect match for the affluent who are looking to get the most out of their rewards with the least amount of hassle.

Maximise your savings with the HSBC Advance Credit Card. With this card, you'll enjoy up to 3.5% cashback when paired with the HSBC Everyday+ Rewards Programme. Even without the programme, you can get up to 2.5% base cashback when you spend above S$2,000, perfect for big-ticket purchases up from the usual 1.5% base cashback on all local and overseas spend with no minimum spend.

Cardmembers also enjoy complimentary access to ENTERTAINER where you can enjoy over 1,000 1-for-1 deals on dining, lifestyle and travel.

The card's annual fee is waived for the first year.
Highlights
Benefits
Quick Facts
More Info
Guides
Eligibility
Fees
Others
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Highlights

Card benefit
 % cashback
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Annual Fee
S$ 196.2
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Monthly Spend Required
S$ 2,000
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Minimum Annual Income
S$30,000 for Singapore citizen or Permanent residents; S$40,000 for self-employed or commission-based Singapore Citizen or Permanent Resident; S$60,000 for foreigner residing in Singapore
Offer Available
Dyson WashG1™ wet floor cleaner (worth S$999) (Top up S$100)
SingSaver Exclusive Offer
Dyson WashG1™ wet floor cleaner (worth S$999) (Top up S$100)
  • SingSaver Exclusive Offer promotion is valid until 31 July 2025.
  • Promotion is valid for new HSBC credit cardmembers only.
  • Apply and get approved for select HSBC credit cards, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for SingSaver Exclusive Offer reward.
  • Promotion does not stack with other welcome offers from HSBC.
  • Terms and Conditions apply.
Dyson Airstrait™ straightener (worth S$799) (Top up S$80)
SingSaver Exclusive Offer
Dyson Airstrait™ straightener (worth S$799) (Top up S$80)
  • SingSaver Exclusive Offer promotion is valid until 31 July 2025.
  • Promotion is valid for new HSBC credit cardmembers only.
  • Apply and get approved for select HSBC credit cards, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for SingSaver Exclusive Offer reward.
  • Promotion does not stack with other welcome offers from HSBC.
  • Terms and Conditions apply.
Dyson Digital Slim Submarine™ (worth S$699) (Top up S$50)
SingSaver Exclusive Offer
Dyson Digital Slim Submarine™ (worth S$699) (Top up S$50)
  • SingSaver Exclusive Offer promotion is valid until 31 July 2025.
  • Promotion is valid for new HSBC credit cardmembers only.
  • Apply and get approved for select HSBC credit cards, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for SingSaver Exclusive Offer reward.
  • Promotion does not stack with other welcome offers from HSBC.
  • Terms and Conditions apply.
Dyson Airwrap™ Origin multi-styler and dryer (worth S$549)
SingSaver Exclusive Offer
Dyson Airwrap™ Origin multi-styler and dryer (worth S$549)
  • SingSaver Exclusive Offer promotion is valid until 31 July 2025.
  • Promotion is valid for new HSBC credit cardmembers only.
  • Apply and get approved for select HSBC credit cards, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for SingSaver Exclusive Offer reward.
  • Promotion does not stack with other welcome offers from HSBC.
  • Terms and Conditions apply.
Apple iPad (A16) 11
SingSaver Exclusive Offer
Apple iPad (A16) 11" WiFi 128GB (worth S$499)
  • SingSaver Exclusive Offer promotion is valid until 31 July 2025.
  • Promotion is valid for new HSBC credit cardmembers only.
  • Apply and get approved for select HSBC credit cards, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for SingSaver Exclusive Offer reward.
  • Promotion does not stack with other welcome offers from HSBC.
  • Terms and Conditions apply.
S$390 Cash via PayNow
SingSaver Exclusive Offer
S$390 Cash via PayNow
  • SingSaver Exclusive Offer promotion is valid until 31 July 2025.
  • Promotion is valid for new HSBC credit cardmembers only.
  • Apply and get approved for select HSBC credit cards, provide your marketing consent to HSBC and make a min. spend of S$500 by the end of the following month from card approval date to be eligible for SingSaver Exclusive Offer reward.
  • Promotion does not stack with other welcome offers from HSBC.
  • Terms and Conditions apply.

Things to consider

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No monthly spend required

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Travel insurance

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Annual Fee waiver

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Rebate cap applied

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Benefits

Cashback

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Cashback Base Rate
1.5  %
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Cashback Local
2.5  %
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Cashback Overseas
2.5  %
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restaurant
Cashback Dining
2.5  %
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Cashback Retail
2.5  %
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Cashback Insurance
2.5  %
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Quick Facts

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Borrow up to 90% of your available credit limit, enjoy interest rates as low as 2.6% p.a., and get flexible payment terms up to 60 months when you apply with promo code CIPSS. T&Cs apply.

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Earn up to 2.5% Base Cashback (1.5% with no minimum spend OR 2.5% when you spend above S$2,000) on your local and overseas purchases each calendar month.

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Receive complimentary access to ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide.

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Read our full review of the HSBC Advance Credit Card.

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Cashback is capped at S$70 per calendar month.

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Guides

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Eligibility

Eligibility

Minimum Age
21  years old
Minimum Annual Income
S$30,000 for Singapore citizen or Permanent residents; S$40,000 for self-employed or commission-based Singapore Citizen or Permanent Resident; S$60,000 for foreigner residing in Singapore
Monthly Spend Required
S$ 2,000
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Fees / Repayment

Fees

Annual Fee Waiver
1 year
Annual Fee
S$ 196.2
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Foreign Currency Transaction Fee
3.25  %
Cash Advance Service Charge
S$ 15
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Air Miles Conversion Fee
S$ 40
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Repayment

Minimum Payment
3  %
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Late Payment Charge
S$ 100
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Interest on Purchase
26.9  %
Interest on Cash Advance
28  %
Interest Free Period
20  days
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Others

Association

VISA Platinum

Supported Payment Type

Google Pay

Apple Pay

Tags

HSBC Advance Credit Card HSBC Advance Credit Card

Read Singsaver’s full review of the HSBC Advance Credit Card

Pros & cons

Pros

Cons
  • 1.5% cashback on all spending, increasing to 2.5% if monthly spending exceeds $2,000, with no minimum spend required
  • First-year annual fee waiver
  • By enrolling in the HSBC Everyday+ Rewards Programme and meeting its criteria, you can earn an extra 1% cashback on eligible purchases, increasing your total cashback to up to 3.5% per month
  • Travel discounts such as 16% off Agoda bookings, 8% off Hotels.com, and 9% off Expedia hotel bookings
  • Exclusive 1-for-1 offers on dining, travel, and lifestyle experiences via the complimentary ENTERTAINER with HSBC app
  • Complimentary coverage for online purchases
  • Monthly cashback is capped at $70 unless you enrol in the HSBC Everyday+ Rewards Programme and meet the criteria, which will increase your cashback cap by up to $500
  • High late payment fee of $100

 

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.

Credit card application resources

Explore our hand-picked guides to the best credit cards in Singapore. Whether you’re after cashback, miles, or dining perks, we’ve got a list to match your lifestyle and spending habits.

Frequently asked questions about the HSBC Advance Credit Card

Are there annual fees for the HSBC Advance Credit Card?

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Yes, there is an annual fee of $196.20, but it is waived for the first year. You can also get subsequent annual fees waived by spending at least $12,500 on the card each membership year.

What is the income requirement for the HSBC Advance Credit Card?

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To qualify, you’ll need a minimum annual income of $30,000 if you're a Singaporean or PR, and $40,000 if you're a foreigner.

What is the mile per dollar or cashback offered?

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This is a cashback card, not a miles card. It offers:

  • 1.5% cashback on all eligible spending
  • 2.5% cashback if your monthly spend exceeds $2,000
  • Plus an additional 1% cashback through the HSBC Everyday+ programme, bringing your total potential cashback to 3.5%

Are there extra perks for the credit card?

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Yes, the HSBC Advance Credit Card includes:

  • Complimentary travel insurance (up to $1 million coverage)
  • Complimentary online purchase protection for e-commerce transactions
  • Access to the ENTERTAINER with HSBC app for 1-for-1 deals on dining, lifestyle, and travel

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