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HSBC Advance Credit Card

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  • Reviews (21)
  • Questions (0)
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Credit Cards/HSBC Advance Credit Card
Credit Cards/HSBC Advance Credit Card
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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

Details

[EXCLUSIVE REWARDS] Get up to S$200 cashback. For new HSBC cardmembers only. Valid from 1 May to 30 Jun 2021. Terms and Conditions apply. Find out more below.

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HSBC Advance Credit Card Review 2021

The HSBC Advance Credit Card is a cashback credit card designed to help you save as you spend with up to 3.5% cashback without minimum spend. Spending less than S$2,000 monthly gets you 1.5% cashback while spending more than S$2,000 will get you 2.5% cashback. The maximum cashback you can earn per month is capped at S$70.

The extra 1% cashback can be earned when the HSBC Advance Cardholder also has an HSBC Everyday Global Account that fulfills S$2,000 of monthly deposit AND charges 5 qualifying Credit Card transactions.

Read More about HSBC Advance Credit Card
Reviews (21)

4.3

21 Reviews

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    11
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    Most HelpfulMost RecentLow to HighHigh to Low
      Updated 3d ago

      Purchased

      HSBC Advance Card

      My favorite card with auto waiver of membership fees! Never had to call their customer service. Very good for people with inconsistent spending

      0

      Post

      Updated on 06 May 2021

      Purchased

      HSBC Advance Card

      highest cashback that i can find, with some additional hassle of maintaining the advance bank account.

      0

      Post

      Updated on 27 Dec 2020

      Purchased

      HSBC Advance Card

      [Useful For...] erratic spenders! personally, some months I can spend $100 while other months up to $800. This card works for me as it is fuss free - I do not have to track my spending by category and can gain cashback across most spending.

      2

      Benjamin Lim

      Benjamin Lim

      03 Apr 2021

      Hi Cynthia, thanks for sharing your review. Just wondering, is that amount of spending enough to offset/activate the annual credit card fee waiver?

      Cynthia Tan

      03 Apr 2021

      Hi!! the first year annual fee is waived for this card so might only be able to give you a confirmed answer in 2022 :p sorry about that!!!

      Post

      Updated on 24 Sep 2020

      Purchased

      HSBC Advance Card

      [Promotions and Perks] They also have the free entertainer lite with HSBC. (Previously I paid $5 for this, but now they have made it free for everyone). To "Trial" how entertainer is like before going on for a full subscription. [Cashback Card] Fuss free 1.5% for all spending.

      0

      Post

      Updated on 26 Aug 2020

      Purchased

      HSBC Advance Card

      I have tried few credit cards (cashback/miles) from other banks but at the end I still prefer to use this card for most of my transactions. I am using the HSBC Advance account hence the cashback of 2.5% is pretty decent (cap at S$125 per month) with no minimum spend (additional 1% if the spend is over S$2k). [Fee Waivers] There is perpetual annual fee waiver for HSBC Advance banking customers. I am amazed that they auto-waived the fee without having to make the phone call. [Customer Service] I was able to connect with their agents fairly quickly as compared to other banks via phone call. They were helpful and able to answer my queries. [Promotions and Perks] You can download ENTERTAINER with HSBC app to get some 1-for-1 deals and discounts. [Card Hacks] So far I am getting cashback from Grab topup (Update: No more cashback from Grab topup after 15 Jul 2020). [Others] Samsung Pay does not support HSBC credit cards for now.

      0

      Post

    Questions (0)
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      Exclusive Rewards

      Get up to S$200 cashback

      • Promotion is valid from 1 May to 30 June 2021
      • Promotion is applicable to new HSBC cardmembers
      • S$30 cashback is disbursed for signing up via SingPass MyInfo
      • S$170 cashback is disbursed when a min. spend of S$500 on eligible goods and services is made from the card approval date till the end of the following month
      • Existing HSBC cardholders will receive up to S$60 cashback after fulfilling the same conditions
      • Terms and Conditions apply
      • To apply, click on the "Apply Now" or "Visit Site" button

      Features of HSBC Advance Card

      • Up to 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
      • Extra 1% cashback when the cardholder is also an HSBC Everyday Global Account holder who fulfills:
        - depositing a minimum of S$2,000 in fresh funds to your HSBC Everyday Global Account monthly AND
        - changes 5 qualifying transactions to your HSBC Advance Credit Card Monthly
      • The 1.5% and 2.5% cashback are capped at S$70 while extra cashback is capped at S$300 per calender month.
      • Perpetual supplementary card annual fee waiver
      • Cash Back for recurring bill payments

      Eligibility: Who can apply for HSBC Advance Card

      • At least 21 years of age
      • Singaporeans and PR; Minimum annual income of $30,000
      • For self-employed and commission-based Singaporeans or PR, a minimum annual income of SGD40,000 is required
      • 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 the first year
      • Minimum monthly payment: 3% or $50, whichever is higher
      • Late payment charge: $55
      • Overlimit fee: $40

      How to apply for HSBC Advance Credit Card?

      You can apply online, with or without MyInfo, or through HSBC branches.

      Apply using MyInfo via SingPass and save the hassle to provide supporting documents.

      Alternatively, prepare the following supporting documents with your application.

      • ID documents of primary and supplementary applicant(s)
      • Income documents of primary applicant

      Already have an HSBC credit card?

      If you're an existing HSBC credit cardholder, you're eligible for S$30 cashback when you apply for the HSBC Advance Credit Card. And that's not all - you'll also receive an additional S$30 cashback when you apply with MyInfo via SingPass.

      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 official page for more.

      Contact us at [email protected] should you require any assistance or spot any inaccuracies.