HSBC Advance Credit Card Reviews and Comparison - Seedly
 

HSBC Advance Credit Card

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  • Reviews (9)
  • Questions (3)
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Credit Cards/HSBC Advance Credit Card

HSBC Advance Card

Up to 3.5% on all spend
CASHBACK
$125
CASHBACK CAP
$0
MINIMUM SPEND

    HSBC Advance Card

    Up to 3.5% on all spend
    CASHBACK
    $125
    CASHBACK CAP
    $0
    MINIMUM SPEND
Reviews (9)

4.1

9 Reviews

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cashback card

big purchases

customer service

scb unlimited

card spend

tearing hair

service super

highly customer

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  • Updated 2d ago

    Purchased

    HSBC Advance Card

    [Cashback Card] Use this card if you bank with them as HSBC Advance customer. Instantly upgrade the rebates to 2.5% without tearing your hair to make big purchases. Little complaints and widely accepted in other countries. [Customer Service] It does not rate highly in customer service (super slow processing) or internet /mobile banking platform
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  • Posted on 19 Sep 2019
    Was attractive to me at first with the free Entertainer subscription. However, turns out to be the Entertainer "light" version with much less options.
    0 comments
    5
  • Posted on 19 Sep 2019
    It is a good cashback card at 2.5%, especially where you spend above $2,000. Otherwise, other cards will be a better alternative to this for smaller purchases.
    0 comments
    0
  • Updated on 16 Jun 2018
    Good cashback credit card for those who have high spending amount every month. I use it to pay my insurance premium as it gives cashback for insurance premium.
    0 comments
    1
  • Updated on 08 Jun 2018
    I only use this card when i know that i will spend >$2000 that month and these transaction doesn't earn > 2.5% cash back in other card category. Honestly speaking, i don't really like their internet banking layout. It doesn't seems very friendly to me. Therefore i always rely on the paper statement to make payment. My experience with their customer service officer isn't fantastic, they didn't get back to me on the queries i highlighted.
    0 comments
    0
Questions (3)

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SG Budget Babe

Credit Card

GrabPay Card

Grab

MileLion

UOB One

UOB One Card

HSBC Advance Credit Card

UPDATE: Amex Krisflyer is still giving rewards for GrabPay now, just that capped at $200 per month. 1) HSBC Advance does not seem to have GrabPay rewards. I didn't get it earlier. But i may be wrong. I see another answer here that HSBC advance do get the rewards :D 2) If the hotel can process GPMC, yes you can use the UOB One - GrabPay - GPMC - hotel. No issue with the rewards ;) have a great and memorable wedding!

Credit Card

HSBC Advance Credit Card

The best person to ask is the bank. "Eligible Purchases" means retail purchases made locally or overseas (including online transactions), and recurring bill payments. Cash Back will only be awarded to Eligible Purchases. The following transactions are not considered Eligible Purchases and thus will not earn Cash Back or be considered for computation of spend requirement: (a) cash advance; (b) balance transfers; (c) fees and charges (including finance charges, late charges, interest charges, annual fees); (d) tax payments via HSBC tax payment facility; (e) Installment Payment Plan; (f) transactions made on brokerage/securities; (g) transactions made on money payment/transfer websites; (h) transactions relating to money orders, traveller's checks, gaming; (i) AXS or ATM transactions; (j) any pre-paid card top-ups including but not limited to EZ-Link, Transitlink or NETS Flashpay and (k) donations/donations-in-kind (transactions tagged with MCC 8398 - charitable and social organizations) and (l) any other transaction determined by HSBC from time to time. In the case of HSBC's Balance Conversion Plan, only the total purchase amount will qualify as an Eligible Purchase in the month of purchase. The subsequent instalment amounts under the Balance Conversion Plan will not qualify as Eligible Purchases.

Credit Card

HSBC Advance Credit Card

Citi SMRT Card

Gabriel Tham
Gabriel Tham
Level 9. God of Wisdom
Updated on 07 Jun 2019
HSBC advance card is not an unlimited cashback card. They have a cap on the cashback per month, even for advance banking clients. Plus, if you are not an advance banking client, you would not get subsequent card fee waiver if you do not spend at least $12k a year. Citi SMRT card is also good but its not actual cashback as in real cash credited to your account. The rebate comes in the form of SMRT$ which is a rewards program. Some people prefer to get actual cashback credit rather than collecting rewards points.

Eligibility for HSBC Advance Card

  • At least 21 years of age
  • Singaporeans and PR; Minimum annual income of $30,000
  • Foreigners; Minimum annual income of $40,000
  • If minimum annual income requirements are not met, a minimum Fixed Deposit Collateral of $10,000 is required.

Fees and Charges for HSBC Advance Card

  • Annual Principle Fee: $193
  • Annual Supplementary Card fee: Free
  • Fee waiver: Fee waivered for first year
  • Interest-Free Period: 20 days
  • Annual Interest Rate: 25.90%
  • Minimum monthly payment: 3% or $50, whichever is higher
  • Late payment charge: $55
  • Cash advance fee: 6% or $15
  • Overlimit fee: $40

Key features of HSBC Advance Card

  • 3.5% Cash Back on all purchases
  • No minimum spend required
  • 1 year annual fee waiver, perpetually waived for HSBC Advance banking customers
  • 1.5% Cash Back with no minimum spend / 2.5% Cash Back on all purchases with $2,000 minimum spend per month, capped at $70 a month
  • 2.5% Cash Back with no minimum spend / 3.5% Cash Back on all purchase with $2,000 minimum spend per month, capped at $125 per month, only applicable to HSBC Advance banking customers.
  • Perpetual supplementary card annual fee waiver
  • Cash Back for recurring bill payments

 

Terms and conditions of HSBC Advance Card

  • Transactions not eligible for cash back include: cash advances, balance transfers, bank fees, tax payments via HSBC tax payment facility, instalment payment plans, brokerage fees and more. For the full list, please refer to the HSBC Advance Card’s T&Cs.

For more info, you can check out HSBC Advance Card’s page.