HSBC Advance Credit Card Reviews and Comparison - Seedly
Seedly logo
Seedly logo
 

HSBC Advance Credit Card

  • Overview
  • Reviews (12)
  • Questions (3)
  • More Details
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 (12)

3.9

12 Reviews

  • 5
    3
  • 4
    5
  • 3
    4
  • 2
    0
  • 1
    0

Read Review About...

cashback card

card spend

scb unlimited

2000 month

customer service

big purchases

good cashback

hsbc entertainer

hsbc advance

minimum spend

Most Recent

  • Most Helpful
  • Most Recent
  • Low to High
  • High to Low
Most HelpfulMost RecentLow to HighHigh to Low
  • Updated on 28 Feb 2020

    Purchased

    HSBC Advance Card

    Could have been a lot better... Advertised rates online 2.5% are quite hard to attain - you need a $2000 monthly minimum spend to attain, otherwise it's 1.5% cashback on your spending, unless you're a HSBC Advance customer. Sign up bonuses were ok, but the competition out there for cashback cards are already catching up. For me, I switched to 1.6% cashback cards for roughly the same benefits. App was also very chunky to use, not very intuitive to make payments.
    0 comments
    0
  • Updated on 30 Jan 2020

    Purchased

    HSBC Advance Card

    Card is quite pretty, but mine came with a defect. Did not bother to ask for a replacement because of how inaccessible the customer service is. Spent $2000 on my first month, which should have given me 2.5% rebate. However only received 1.5% rebate 2 months later. Likewise didn’t bother because of the bad customer service. Going to cancel this because of how helpless i feel for the frequent issues that come up. Unreliable service + inaccessible help? Bad combo. Going to cancel the card soon. Free HSBC-Entertainer was a pleasant surprise though.
    0 comments
    0
  • Updated on 20 Jan 2020

    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
    0 comments
    0
  • 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
Questions (3)

Recent Activity

  • Recent Activity
  • Unanswered
  • Trending
Recent ActivityUnansweredTrending

SG Budget Babe

GrabPay Card

Grab

MileLion

UOB One Card

HSBC Advance Credit Card

UOB One Account

Credit Cards

Cedric Jamie Soh
Cedric Jamie Soh, Director at Seniorcare.com.sg
Level 8. Wizard
Updated on 24 Dec 2019
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!
👍 5

HSBC Advance Credit Card

Credit Cards

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.
👍 0

HSBC Advance Credit Card

Citi SMRT Card

Credit Cards

Gabriel Tham
Gabriel Tham
Top Contributor

Top Contributor (Feb)

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.
👍 1

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.