HSBC Revolution Card: Great for Online and Social Spend

Earn Miles for Social Spend with Waivable Fee
HSBC Revolution Credit Card
HSBC Revolution Credit Card

HSBC Revolution Card: Great for Online and Social Spend

Earn Miles for Social Spend with Waivable Fee


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  • Great rewards on local dining and entertainment
  • Online shopping perks
  • No-fee card


  • Lacks rewards for frequent travellers who spend large amounts overseas
  • Not suitable for low budgets
HSBC Revolution Credit Card
HSBC Revolution Credit Card

HSBC Revolution Card is great for social spenders who shop online and prefer to avoid annual fees. In addition to offering 4 miles (10 points) per S$1 spend on all online and contactless payments, this card also has no annual fee. All else–including overseas spend–earns 0.4 miles, so HSBC Revolution Card is best for social and online spenders with budgets of S$1,000+ per month.

HSBC Revolution Card Features and Benefits

  • Annual Fee: None
  • Income Requirement: S$30,000 for citizens & PRs, S$40,000 for foreigners
Key Features:
  • Annual fee: none
  • 4 miles (10 points) per S$1 spend online and via contactless payments (airlines, food delivery and retail)
  • 0.4 miles (1 point) per S$1 on all other spend (non-contactless payment)
  • No minimum spend requirement and no annual fee
  • 16% off petrol at Caltex and 14% off at Shell

Our Evaluation: Flexible Rewards on Online and Contactless Purchases

HSBC Revolution Card offers consumers an easy way to maximise rewards for contactless spend and online shopping without paying a high annual fee. Cardholders earn an unlimited 4 miles per S$1 spend on online and contactless payments (Visa payWave, Apple Pay and Google Pay), equivalent to 10X Rewards points or 2.5% cashback.

While consumers can quickly earn miles from HSBC Revolution Card's online and contactless rewards rates, all other categories–including overseas–receive just 0.4 miles per S$1 spend. Despite offering access to lifestyle and travel discounts, HSBC Revolution Card is not the best fit for diversified spenders or frequent travellers.

Individuals who shop online and and pay via mobile apps are most likely to benefit from HSBC Revolution Card. Since the rewards points are capped at 9,000 rewards points on eligible transactions, customers who spend at least S$900 online and on contactless payments will find this card most beneficial.

How HSBC Revolution Card's Rewards Program Works

HSBC Revolution Card offers 10X rewards points on eligible transactions, which include mobile and contactless spend. This can be broken down to 9X bonus points and 1 base point per S$1 spend. All other transactions earn 1X reward point per S$1 spend. While the base points are not subject to a monthly cap, bonus points are capped at 9,000 points per calendar month. This translates to 3,600 miles per month on eligible transactions, which require at least S$900 monthly spend on online and contactless purchases.

Use our quick guide below to learn how you can redeem HSBC Revolution Card rewards.

  • Spend earns Rewards Points (redeemable as vouchers, miles or cash credit)
  • Cash credits can be redeemed in blocks of S$50 and S$100
  • Cardholders must pay an annual fee of S$40 to partake in Mileage Programme (Asia Miles & KF)
  • Points can be redeemed for miles through Mileage Programme in blocks of 5,000 Points for 2,000 miles
  • Points expire 3 years after they are earned

Before You Apply: Fees, Limits, and Exclusions

The following credit card expenditures are ineligible for cash back or rebate.

Fund transfers, balance transfers, cash advances, finance charges, late charges, tax payments, any other fees and charges pursuant to HSBC's credit card cardholder's agreement, any expenditure incurred as part of a points plus cash redemption under the Rewards Programme
Transactions (whether or not performed online) relating to any payment or money transfer facilities or made on brokerage/securities websites
Any expenditure relating to a corporate or business transaction (as determined by HSBC in its sole discretion), transactions relating to the trading of securities of any kind including but not limited to any top up of any cash amount required by a financial institution, dining and/or entertainment merchants in local hotels
Quasi-cash transactions (for example but not limited to transactions relating to money orders, traveler's checks, gaming related transactions, lottery tickets)

How does HSBC Revolution Card Compare Against Other Cards?

Read our comparisons of HSBC Revolution Card with other cards and learn what makes each card unique in their own way. We compare and contrast each card to highlight its uniqueness to help you identify the card that you need.

HSBC Revolution Card performs slightly below the market average for value-to-consumer after two years based on an average monthly spend of S$2,000, likely because its rewards rates apply to limited spend categories

HSBC Revolution Card v. Citi PremierMiles Visa Card

Consider this if you are looking for a standard miles rewards credit card
  • Pros
    • Frequent traveler perks
    • Low fees
    • Flexible miles redemption
    • Cons
      • Lacks luxury perks
      • Not suitable for occasional travel

      Casual travellers with diversified spend can benefit from Citi PremierMiles Visa Card. Citi PMV Card incentivizes overseas spend with 2 miles per S$1 (compared to 0.4 miles with HSBC Revolution Card) and offers travel perks like free travel insurance and airport lounge access. Its 1.2 miles per S$1 local spend rate is also higher than HSBC Revolution Card's. However, the card's S$192.6 fee is waived 1-year only, and local spenders with social spend behaviors could potentially earn more with HSBC Revolution Card.

      HSBC Revolution Card v. OCBC Titanium Rewards Card

      Consider this if you want to accrue miles from your shopping purchases
      • Pros
        • 10 pts (4 miles) per S$1 on fashion & select retail (Qoo10, Amazon, & more)
        • Fee waiver with S$10,000 annual spend
        • Lounge & JetQuay Quayside access
        • Up to 16% fuel savings with Caltex, 14% with Esso
        • Cons
          • 1 pt (0.4 miles) per S$1 other spend
          • Earnings capped at 4,000 mi/mo (worth S$40)

          Fashion retail shoppers can avoid annual fees with OCBC Titanium Rewards Card, which rewards 4 miles per S$1 shopping spend on clothes, shoes, bags, and more online and offline, locally and overseas. While HSBC Revolution Card offers less for offline shopping spend, it rewards a wider variety of online spend, from travel bookings to EZ-Link top-ups (though at 2 miles per S$1 spend). Like HSBC Revolution Card, OCBC Titanium Rewards has a waivable fee, but with a lower required annual spend (S$10,000). For fashionistas, OCBC Titanium Rewards Card may be the better option.

          HSBC Revolution Card v. Maybank Horizon Visa Signature Card

          PROMO: GET Garmin vivomove Style worth S$469
          Consider this if you want to maximise miles earned on dining and petrol
          • Pros
            • High spend on local dining & transport
            • Great for local spend and miles rewards on travel
            • 3 years fee waiver
            • Cons
              • Doesn't reward overseas spend
              • Few travel perks & privileges
              • Lacks in rewards for essentials (ie groceries)

              Maybank Horizon Visa Signature Card is a great fit for local diners and frequent travellers, offering up to 3.2 miles per S$1 spend on local dining, petrol and taxi fares and 2 miles for air tickets, travel packages and overseas spend. These rates are higher than HSBC Revolution Card's, but require a S$300 minimum monthly spend. In addition, earnings are capped at 12,000 miles/month, but this is fairly high. Both cards have waivable fees but Maybank Horizon Visa Signature Card requires a higher annual spend (S$18,000). Ultimately, this card benefits travellers while HSBC Revolution Card prioritises local spending.

              HSBC Revolution Card v. DBS Altitude Visa Card

              DBS Altitude Visa Signature Card
              DBS Altitude Visa Signature Card
              Consider this if you are looking for a good miles credit card with an easily waived annual fee
              • Pros
                • Great for online travel bookings
                • No an annual fee
                • Cons
                  • Those willing to pay an annual fee for more bonus miles
                  • Affluent travellers who are willing to pay a high fee for luxury travel perks

                  Consumers spending closer to S$2,100 per month can earn more for diversified spend with DBS Altitude Visa Card. While the annual spend requirement for a fee waiver is high at S$25,000, consumers earn 1.2 miles per S$1 local spend, 2 miles overseas, and 3 miles for online travel bookings. Cardholders also receive free travel insurance, airport lounge visits, golfing discounts and more. HSBC Revolution Card is by comparison a bit limited and offers less to travellers. However, its annual fee is waived with just S$12,500 in annual spend, making it more accessible to some consumers.

                  Methodology: How We Evaluate Credit Cards

                  Our analysis of consumer credit cards involves calculating the total value of a card's rewards rates, bonuses, and discounts minus the cost of its annual fee, rewards caps, and required spend. Temporary promotions and intangible perks are considered, but do not necessarily enter the equation when we calculate final value.

                  ValueChampion makes certain assumptions when estimating the rewards value of credit cards. These matter because most cards offer different cashback or miles rates based on the type of spend involved. Our profiles reflect a best guess at the spend decisions of a typical consumer on an average budget.

                  If you would like to see how our calculations work on your own budget, head over to our RealValue Rewards Calculator and type in how much you spend in various categories to see an instant comparison of the predicted rewards value of dozens of cards.

                  Zoryana Melesh

                  Zoryana is a Senior Research Analyst at ValueChampion, who focuses on evaluating credit cards, savings and fixed deposits in Singapore. She holds a BA in Political Science and an MPA in International Finance and Economic Policy, both from Columbia University. Prior to joining ValueChampion, Zoryana worked in treasury management consulting.

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