HSBC revo VS citi rewards

Hi Anon,

Here's what I can think of off the top of my head:

HSBC Revo Pros:

• 4 mpd earn rate with contactless payment on many different categories (including groceries and dining)

• $0 annual fee

• Free HSBC Entertainer subscription

• Sign up bonuses available

HSBC Revo Cons:

• 4 mpd only with contactless payment (for retail spending)

• 4 mpd earn rate capped at $1k spending/month

• Limited to Asia miles/KF miles

Citi Rewards Pros:

• 4 mpd earn rate on shopping & online spending

• Widest range of airlines for miles transfer in SG

• Many Citibank promotions at F&B/shopping outlets

• Sign up bonuses available

Citi Rewards Cons:

• 4 mpd only on shopping & online spending (groceries and dining not included)

• 4 mpd earn rate capped at $1k spending/month

• Reward points validity period is awkward (expire every 60 months from card opening date, so miles earned today = 5 years validity, but miles earned in 3 years = 2 year validity)

HSBC Revolution is definitely the better card to get for everyday expenses, although there's nothing wrong with having both cards especially if you foresee yourself spending more than $1k/month. In that case, you can use the Citi Rewards exclusively for online spending and retail shopping, and use the HSBC Revolution for all other expenses (dining. groceries, etc).

Hope this helps!

Regards,

thefrugalstudent​​​

HSBC Revolution card is more for general spending where you can take advantage of contactless payment for up to 4 miles per dollar.

On the other hand, Citi Rewards is more for online spending where you can get up to 4 miles per dollar.

Given that your emphasis is for grocery shopping and dining, I believe the former will be more suitable. By and large, there is nothing wrong with holding both cards to expand your spending's versatility.

I share quality content on estate planning and financial planning here.