HSBC Visa Platinum Credit Card

The HSBC Visa Platinum Credit Card is a high cashback rewards credit card, with no annual fees - ideal for families as you can get 5% cash rebate on categories like dining, groceries and fuel.

SingSaver Rewards Upgrade Campaign: Receive premium rewards worth up to S$1,664.25

• Promotion is valid for new HSBC credit cardmembers only
• Apply 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, then top up an additional amount to be eligible for reward:

S$200 top up – Sony HT-AX7 Portable Theatre System (worth S$769)

S$588 top up – Sony ZV-1M2 Vlog Camera (worth S$1,209)

S$1,099 top up – Apple iPhone 15 Pro 128GB (worth S$1,664.25)

• Reward Upgrade will replace SingSaver Exclusive promotional reward
• Promotion is valid until 20 June 2024
• Terms and Conditions apply

SingSaver Exclusive Promotion: Receive a Dyson V8 Slim Fluffy (worth S$509) or Apple iPad 9th Gen 10.2" WiFi 64GB (worth S$508.30) or 18,000 Max Miles or S$350 eCapitaVoucher

• Promotion is valid for new HSBC credit cardmembers only
• Apply 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 reward
• Promotion is valid until 20 June 2024
• Terms and Conditions apply

Product Page Transparency

• Pays to access additional features

Card Features & Details

1) Key Features

• 5% cash rebate on family expenses
• 1 Reward Point per dollar spent

2) Benefits

Cash Rebate

• 5% cash rebate on family expenses, in eligible categories (dining, groceries and fuel)
• 1 Reward Point per dollar spent
• Reward points expire after a 37-month period from the subsequent month it is awarded
• Additional 1% with HSBC Everyday+ Rewards Programme, up to S$300 per calendar month (S$500 for HSBC Premier customers)

HSBC Promotions & Privileges

• Exclusive deals and offers for: 
• Online and in-store shopping
• Hotels, flights and packages
• Dining, with 1-for-1 offers using the ENTERTAINER with HSBC app
• Fuel savings at any Caltex or Shell petrol station islandwide using the HSBC Revolution Credit Card:
• Caltex: 17% instant discount plus up to 5% cash rebate
• Shell: Up to 17% instant discount plus up to 5% cash rebate

3) Eligibility

• Age: 21 years old and above
• Citizenship: Singaporeans, PRs and Foreigners
• Minimum annual income:
• S$30,000 for Singaporeans/PRs
• S$40,000 for Foreigners
• Or a fixed deposit collateral of S$10,000

4) Fees & Charges

• Annual principal fee: S$196.20 (waived for the first 2 years)
• Supplementary card annual fee: First 5 cards are free
• Late payment fees: S$100
• Repayment grace period: Depends on monthly credit card statement
• Your minimum payment amount will be calculated as:
• 100% of the monthly instalment amount for each of your cash instalment plans and spend instalment plans, if you have any;
• Plus: 100% of any interest, late fees, annual credit card fees and overlimit fees charged to your account
• Plus: 1% of your remaining outstanding balance (i.e. your total outstanding balance less the amounts set out under the previous two bullet points)
• Plus: the excess amount above your credit limit, if your account is overlimit, or SGD50, whichever is greater.
• *The total amount under the 2nd and 3rd plus is subject to a minimum of S$50 (in the currency of your account).
• However, if your total outstanding balance is less than S$50 (in the currency of your account), your minimum payment amount will be your total outstanding balance.
• Cash advance charges: S$15 or 6% of the amount drawn, whichever is higher.
• Overlimit fee: S$40, if the total outstanding balance (including unbilled balance) of all credit card(s) exceeds customer’s combined credit limit on any day within the statement period. 

Frequently Asked Questions

Can you enjoy annual fee waiver for the HSBC Visa Platinum Credit Card?

• Yes, the annual fee for the HSBC Visa Platinum Credit Card of S$196.20 (inclusive of GST) is waived for the first 2 years.

Who should apply for the HSBC Visa Platinum Credit Card?

• For those looking for a card for family expenses

What is the minimum income requirement for the HSBC Visa Platinum Credit Card?

• Minimum annual income:
• S$30,000 for Singaporeans/PRs
• S$40,000 for self-employed or commission-based Singaporean or Permanent Resident
• S$40,000 for Foreigners
• Or a fixed deposit collateral of S$10,000