Best HSBC Credit Cards 2020

We believe that your credit card should match your unique needs because your circumstances are different from others. To help you navigate through the complex world of financial products, our team has reviewed over 100 credit cards in Singapore and handpicked a few cards from HSBC that have excellent value propositions.

Compare Best HSBC Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best HSBC credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how the best HSBC credit cards compare to one another in terms of their rewards
Best HSBC Credit Cards in Singapore by Estimated 2-Year Dollar Value
HSBC Revolution:
  • 2 miles per S$1 local dining, entertainment & online
HSBC Advance:
  • Up to 3.5% cashback capped at S$125/month
HSBC Visa Platinum:
  • 5% rebate on food & petrol, miles for general
HSBC Visa Infinite:
  • Unltd. lounge, expedited immigration clearance & more

Compare Best HSBC Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how the best HSBC credit cards compare to one another in terms of their rewards
Best HSBC Credit Cards in Singapore by Estimated 2-Year Dollar Value

HSBC Revolution: Miles for Social & Online Spenders

  • Up to 2mi/S$1 spend on online insurance & bill-pay
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$20 in Grab rides
  • Read Our Full Review
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$12,500 annual spend
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
HSBC Revolution Card is a great card if you have a mostly local budget, but still want to earn miles. Cardholders earn an impressive 2 miles per S$1 on local dining & entertainment. To compare, most travel cards offer just 1.1–1.4 miles per S$1 local spend.


HSBC Revolution Cardholders also earn 2 miles per S$1 for their online spend. This includes everything from online food delivery & travel bookings to paying bills & insurance payments. Most cards exclude bill-pay from earning rewards altogether, let alone at such a high rate. Finally, HSBC Revolution Card comes with a fee-waiver. With just S$12,500 annual spend (about S$1,042/month), cardholders are exempt from the S$160.5 fee. Ultimately, if you spend a great deal locally & online and want to earn no-fee miles, HSBC Revolution Card is by far the best option for you.

  • Stand-Out: Up to 2mi/S$1 spend on online insurance & bill-pay
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$20 in Grab rides
  • Read Our Full Review
  • Annual fee: S$160.5, 2-year waiver, subsequently with S$12,500 annual spend
  • 2 miles per S$1 spend on local dining & entertainment, online spend (unlimited)
  • Online rate includes travel bookings, recurring bills & transit payments
  • No minimum spend requirement
HSBC Revolution Card is a great card if you have a mostly local budget, but still want to earn miles. Cardholders earn an impressive 2 miles per S$1 on local dining & entertainment. To compare, most travel cards offer just 1.1–1.4 miles per S$1 local spend.


HSBC Revolution Cardholders also earn 2 miles per S$1 for their online spend. This includes everything from online food delivery & travel bookings to paying bills & insurance payments. Most cards exclude bill-pay from earning rewards altogether, let alone at such a high rate. Finally, HSBC Revolution Card comes with a fee-waiver. With just S$12,500 annual spend (about S$1,042/month), cardholders are exempt from the S$160.5 fee. Ultimately, if you spend a great deal locally & online and want to earn no-fee miles, HSBC Revolution Card is by far the best option for you.

HSBC Advance Card: Rebates for Affluent Advance Customers

  • Up to 3.5% flat cashback, lofty S$125/month rewards cap
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$20 in Grab rides
  • Read Our Full Review
  • Annual fee: S$192.6, waived for Advance banking customers
  • Up to 3.5% flat rebate for Advance customers (2.5% for others)
  • Up to 16% fuel savings with Caltex, 14% with Shell
If you’re willing to consider opening an HSBC Advance banking account, you can potentially earn up to S$1,500/year with HSBC Advance Card. Advance customers earn 3.5% flat rebate on all spend after a S$2,000 minimum (2.5% if below), up to S$125/month. This rate is more than double that offered by typical unlimited cashback cards, and while there’s a cap, it’s among the highest on the market. Even better, Advance customers never pay an annual fee.


It’s worth mentioning that rates for non-Advance customers are less competitive. Cardholders earn 2.5% rebate after S$2,000 spend (1.5% if below), up to just S$70/month. In addition, there’s a S$192.6 fee, though it can be waived with S$12,500 annual spend. Overall, if you’re an above average spender and want to maximise cashback, we highly recommend checking to see if you qualify for an Advance account and consider HSBC Advance Card.

  • Stand-Out: Up to 3.5% flat cashback, lofty S$125/month rewards cap
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$20 in Grab rides
  • Read Our Full Review
  • Annual fee: S$192.6, waived for Advance banking customers
  • Up to 3.5% flat rebate for Advance customers (2.5% for others)
  • Up to 16% fuel savings with Caltex, 14% with Shell
If you’re willing to consider opening an HSBC Advance banking account, you can potentially earn up to S$1,500/year with HSBC Advance Card. Advance customers earn 3.5% flat rebate on all spend after a S$2,000 minimum (2.5% if below), up to S$125/month. This rate is more than double that offered by typical unlimited cashback cards, and while there’s a cap, it’s among the highest on the market. Even better, Advance customers never pay an annual fee.


It’s worth mentioning that rates for non-Advance customers are less competitive. Cardholders earn 2.5% rebate after S$2,000 spend (1.5% if below), up to just S$70/month. In addition, there’s a S$192.6 fee, though it can be waived with S$12,500 annual spend. Overall, if you’re an above average spender and want to maximise cashback, we highly recommend checking to see if you qualify for an Advance account and consider HSBC Advance Card.

HSBC Visa Platinum: Earn Both Cashback & Miles

  • Rebates on local food & petrol, miles for general spend
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$20 in Grab rides
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$12,500 annual spend
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
HSBC Visa Platinum Card is one of the few options on the market allowing consumers to earn both cashback and miles. Cardholders earn 5% rebate on local dining, groceries and petrol–making for a very practical card–after just S$600 minimum spend. All other spend earns 0.4 miles per S$1, which is low, but requires no minimum to begin earning. Overall, earnings are capped at a respectable S$250/quarter (about S$83/month), and the S$192.6 fee is easily waived with just S$12,500 annual spend. Overall, if you’d like to earn both cashback and miles for local spend in key categories, consider HSBC Visa Platinum Card.
  • Stand-Out: Rebates on local food & petrol, miles for general spend
  • Promotions: Receive Samsonite Prestige 69cm Spinner Exp luggage or S$150 cashback
  • Apply online with MyInfo via SingPass, receive S$20 in Grab rides
  • Read Our Full Review
  • Annual fee: S$192.6, 2-year waiver, subsequently with S$12,500 annual spend
  • 5% cashback on local dining, groceries & petrol (up to S$250/quarter)
  • 0.4 miles per S$1 general spend, unlimited
  • Up to 21% fuel savings with Caltex, Shell (including 5% card rebate)
HSBC Visa Platinum Card is one of the few options on the market allowing consumers to earn both cashback and miles. Cardholders earn 5% rebate on local dining, groceries and petrol–making for a very practical card–after just S$600 minimum spend. All other spend earns 0.4 miles per S$1, which is low, but requires no minimum to begin earning. Overall, earnings are capped at a respectable S$250/quarter (about S$83/month), and the S$192.6 fee is easily waived with just S$12,500 annual spend. Overall, if you’d like to earn both cashback and miles for local spend in key categories, consider HSBC Visa Platinum Card.

HSBC Visa Infinite: Airport Convenience & Luxury Perks

HSBC Infinite Visa Card
HSBC Infinite Visa Card
  • Airport perks like expedited immigration clearance & unltd lounge
  • Promotions: Receive up to 35,000 welcome miles on approval
  • Annual fee: S$650 (S$488 for HSBC Premier customers)
  • 1st Year: 1 mile per S$1 local spend, 2 miles overseas
  • Thereafter: 1.25 miles per S$1 local spend, 2.25 miles overseas (with S$50,000 annual spend)
  • Unlimited lounge access, travel insurance, golfing privileges, free limo transfers & expedited immigration clearance (1x/S$2,000 spend, up to 24x/year)
  • Up to 20.2% fuel savings with Caltex, 14% with Shell
Amongst the many high-end travel cards on the market, HSBC Visa Infinite Card stands out not just for its luxury perks, but also for its unique airport privileges that make trips all the more convenient. Cardholders enjoy unlimited lounge access and expedited immigration clearance up to 24 times per year, which isn't an especially common benefit. Other perks include free travel insurance, complimentary limo transfers and golfing privileges.


To round this out, cardholders earn 1 mile per S$1 spend locally and 2 miles per S$1 overseas during their 1st year, boosted to 1.25 miles and 2.25 miles (respectively) thereafter with S$50,000 spend. While these rates and perks are fairly attractive, the annual fee is incredibly high, at S$650 (discounted to S$488 for HSBC Premier customers). As a result, HSBC Visa Infinite Card is best fit for affluent travellers who want both luxury and convenience when they travel.

HSBC Infinite Visa Card
HSBC Infinite Visa Card
  • Stand-Out: Airport perks like expedited immigration clearance & unltd lounge
  • Promotions: Receive up to 35,000 welcome miles on approval
  • Annual fee: S$650 (S$488 for HSBC Premier customers)
  • 1st Year: 1 mile per S$1 local spend, 2 miles overseas
  • Thereafter: 1.25 miles per S$1 local spend, 2.25 miles overseas (with S$50,000 annual spend)
  • Unlimited lounge access, travel insurance, golfing privileges, free limo transfers & expedited immigration clearance (1x/S$2,000 spend, up to 24x/year)
  • Up to 20.2% fuel savings with Caltex, 14% with Shell
Amongst the many high-end travel cards on the market, HSBC Visa Infinite Card stands out not just for its luxury perks, but also for its unique airport privileges that make trips all the more convenient. Cardholders enjoy unlimited lounge access and expedited immigration clearance up to 24 times per year, which isn't an especially common benefit. Other perks include free travel insurance, complimentary limo transfers and golfing privileges.


To round this out, cardholders earn 1 mile per S$1 spend locally and 2 miles per S$1 overseas during their 1st year, boosted to 1.25 miles and 2.25 miles (respectively) thereafter with S$50,000 spend. While these rates and perks are fairly attractive, the annual fee is incredibly high, at S$650 (discounted to S$488 for HSBC Premier customers). As a result, HSBC Visa Infinite Card is best fit for affluent travellers who want both luxury and convenience when they travel.

Learn More About Maximising Rewards with OCBC

HSBC Revolution Card v. Maybank Horizon Visa Signature Card

  • Market-leading 3.2 mi/S$1 local dining & transport spend
  • Annual Fee:S$180.0
  • Promotions: Receive S$100 rebate w/ S$250 spend/mo for 2mo
  • Read Our Full Review
You can earn more miles for local spend with Maybank Horizon Visa Signature Card than with any other card on the market. In fact, cardholders earn 3.2 miles per S$1 spend on local dining, petrol, taxis, Grab and hotel bookings–traditional travel cards offer just 1.1–1.4 miles per S$1 local spend. Cardholders also enjoy high rates of 2 miles per S$1 in foreign currency transactions and on air tickets & travel packages. There’s even a fee waiver with S$18,000 annual spend.


HSBC Revolution Card offers just 2 miles per S$1 for local spend, but rewards entertainment & online spend–Maybank Horizon Card does not. In addition, HSBC Revolution Card’s fee-waiver is easier to achieve, requiring only S$12,500 annual spend. If you spend a great deal online and want an affordable card for local social spend, HSBC Revolution Card may be a better option for you.

HSBC Advance Card v. Standard Chartered Unlimited Cashback Card

  • 1.5% unlimited cashback w/ no min. spend requirement
  • Annual Fee:S$192.6
  • Promotions: Receive Jabra Elite Active 75T Wireless Earbuds + S$20 cashback w/ MyInfo application (via partnership w/ SGSaver)
  • Read Our Full Review
Standard Chartered Unlimited Cashback Card is an excellent option for very high spenders. While the 1.5% rewards rate is lower than HSBC Advance Card’s, there is no monthly cap, allowing for unlimited earnings. SC Unlimited Cashback Card also comes with several transport perks. It’s SimplyGo functional and offers up to 21% fuel savings with Caltex. If you spend about S$7,000+/month, you can earn more with SC Unlimited Cashback Card; if you spend closer to S$3,500/month, you can better maximise rewards with HSBC Advance, as an Advance customer.

HSBC Advance Card v. UOB One Card

  • Up to 5% rebate on all spend, S$300/quarter
  • Annual Fee:S$192.6
  • Promotions: Receive S$150 cash credit w/ S$1.5k spend in 1st mo (first 800 sign-ups) via our partnership w/ SGSaver
  • Read Our Full Review
UOB One Card offers one of the highest flat rates on the market. With S$2,000 monthly spend, you can earn 5% cashback up to S$300/quarter. Lower spenders earn 3.33% rebate up to S$50 or S$100/quarter. UOB One Card is different than HSBC Advance Card because of its tiered rebate system, and because of its higher max rate–though its cap (about S$100/month) is lower. Those spending S$2,000/month can make the most of their spend with UOB One Card; those spending closer to S$3,500/month will earn more as an HSBC Advance customer with the HSBC Advance Card.

HSBC Visa Platinum Card v. Citi Cash Back Card

  • Up to 8% rebate on global dining, groceries & petrol
  • Annual Fee:S$192.6
  • Promotions: Free S$300 cash via PayNow (new customers) via our partnership with SGSaver
  • Read Our Full Review
With Citi Cash Back Card, you can earn up to 8% on dining, groceries, and petrol worldwide. While there’s an S$888 minimum spend requirement, cardholders can earn up to S$75/month. HSBC Visa Platinum Card, however, offers just 5% rebate on food & petrol, and rewards are limited to local spend only. On the other hand, HSBC Visa Platinum Card has a lower minimum requirement (S$600) and allows cardholders to earn miles for general spend. It even has a fee-waiver, which Citi Cash Back Card does not. If you want no-fee cashback and miles for local spend on food & transport, consider HSBC Visa Platinum Card.
HSBC Revolution Card v. Maybank Horizon Visa Signature Card
You can earn more miles for local spend with Maybank Horizon Visa Signature Card than with any other card on the market. In fact, cardholders earn 3.2 miles per S$1 spend on local dining, petrol, taxis, Grab and hotel bookings–traditional travel cards offer just 1.1–1.4 miles per S$1 local spend. Cardholders also enjoy high rates of 2 miles per S$1 in foreign currency transactions and on air tickets & travel packages. There’s even a fee waiver with S$18,000 annual spend.


HSBC Revolution Card offers just 2 miles per S$1 for local spend, but rewards entertainment & online spend–Maybank Horizon Card does not. In addition, HSBC Revolution Card’s fee-waiver is easier to achieve, requiring only S$12,500 annual spend. If you spend a great deal online and want an affordable card for local social spend, HSBC Revolution Card may be a better option for you.

HSBC Advance Card v. Standard Chartered Unlimited Cashback Card
Standard Chartered Unlimited Cashback Card is an excellent option for very high spenders. While the 1.5% rewards rate is lower than HSBC Advance Card’s, there is no monthly cap, allowing for unlimited earnings. SC Unlimited Cashback Card also comes with several transport perks. It’s SimplyGo functional and offers up to 21% fuel savings with Caltex. If you spend about S$7,000+/month, you can earn more with SC Unlimited Cashback Card; if you spend closer to S$3,500/month, you can better maximise rewards with HSBC Advance, as an Advance customer.
HSBC Advance Card v. UOB One Card
UOB One Card offers one of the highest flat rates on the market. With S$2,000 monthly spend, you can earn 5% cashback up to S$300/quarter. Lower spenders earn 3.33% rebate up to S$50 or S$100/quarter. UOB One Card is different than HSBC Advance Card because of its tiered rebate system, and because of its higher max rate–though its cap (about S$100/month) is lower. Those spending S$2,000/month can make the most of their spend with UOB One Card; those spending closer to S$3,500/month will earn more as an HSBC Advance customer with the HSBC Advance Card.
HSBC Visa Platinum Card v. Citi Cash Back Card
With Citi Cash Back Card, you can earn up to 8% on dining, groceries, and petrol worldwide. While there’s an S$888 minimum spend requirement, cardholders can earn up to S$75/month. HSBC Visa Platinum Card, however, offers just 5% rebate on food & petrol, and rewards are limited to local spend only. On the other hand, HSBC Visa Platinum Card has a lower minimum requirement (S$600) and allows cardholders to earn miles for general spend. It even has a fee-waiver, which Citi Cash Back Card does not. If you want no-fee cashback and miles for local spend on food & transport, consider HSBC Visa Platinum Card.
Carrie Arndt

Carrie is a Senior Analyst at ValueChampion, specialising in credit cards in Singapore. She previously led consumer studies worldwide as a Senior Research Executive at MMR Research.

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