HSBC Advance Sign Up Promotion:
- Receive Apple Watch SE (GEN 2) GPS 44mm (worth S$389) or Apple Bundle: Apple Airpods 4 w/ ANC + AirTag 4 Pack (total worth S$398) or Xiaomi Robot Vacuum S20+ EU (worth S$449) or S$199 Cash via PayNow when you spend S$500 by the end of the following month from card approval date and provide marketing consent
- Promotion is valid for new HSBC cardholder
- Valid from 01 December 2024
- Must fulfill spending requirement to receive gift confirmation
- Remember to check for SingSaver email to secure your rewards after you have applied!
Stackable with Direct Bank Offer:
- Receive Samsonite ZELTUS 69cm Spinner Exp with built-in scale (worth S$680) or S$200 cashback when you spend at least S$500 and provide marketing consent in the application form.
- Promotion is valid for new HSBC cardholder
- Existing cardholders will receive S$50 cashback
- Valid until 31 December 2024
- Read Terms and Conditions here
HSBC Advance Card Overview:
- The HSBC Advance Card is a general spending cashback credit card for large spending of S$2000 and above. 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 sweet spot is maximum $2800 spending.
Eligibility & Fees:
- Minimum Age: 21 years old
- Minimum Annual Income: S$30,000 (locals/PRs); S$40,000 (foreigners)
- Annual Fee: S$196.20, first year waived
Key Benefits:
- Get 1.5% cashback on all local & overseas purchases with no min. spend
- Get 2.5% cashback on all local & overseas purchases if you spend more than S$2,000 in a calendar month
- Receive complimentary access to ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
- Cashback is capped at S$70 per month (The sweet spot is maximum $2800 spending)
Where Can I Use it:
– This card can be used on all types of spending where you can get up to 2.5% cashback. You can earn 1.5% base cashback for purchases amounting to S$0 to S$2,000 on monthly spend, and 2.5% base cashback for monthy transactions above S$2,000. This has a higher rebate than other credit cards.
Is it Worth it:
Advantages:
– One of the higher cashback in the general credit card category
– No minimum spend
– S$500,000 travel insurance cover for cardholder and family members
– Up to US$200 e-commerce purchase protection
– Special use cases that this card is GREAT for:
– Wedding Banquets (see my wedding banquet full strategy)
– Large Hospital Bills at Private Hospitals
Disadvantages:
– Base cashback capped at S$70 per month
– Not eligible to receive cashback on other bills, insurance premiums, or utilities.
Frequently Asked Questions:
How will my base cashback be reflected on my account: It is computed using the eligible purchases that are posted within the current calendar month, rounded to the nearest cent. It will appear on your card statement and be credited to your account before the end of the next calendar month.
Read Terms and Conditions Here
Final Thoughts:
- For people who want hassle-free shopping without a minimum spend requirement, the HSBC Advance Card is an excellent option. It offers you the best terms in earning rewards because it combines the features of an unlimited cashback card with regular cashback of 1.5%. Also, if you have a large expense (wedding or hospital bills) coming up, then this is a great choice to earn some cashback.
Credit cards change their T&Cs every so often and it is difficult to stay updated. That’s why I created a Telegram Broadcast where you can receive timely bite-sized updates to get the most out of your spending.
HSBC Advance Sign Up Promotion:
- Receive Apple Watch SE (GEN 2) GPS 44mm (worth S$389) or Apple Bundle: Apple Airpods 4 w/ ANC + AirTag 4 Pack (total worth S$398) or Xiaomi Robot Vacuum S20+ EU (worth S$449) or S$199 Cash via PayNow when you spend S$500 by the end of the following month from card approval date and provide marketing consent
- Promotion is valid for new HSBC cardholder
- Valid from 01 December 2024
- Must fulfill spending requirement to receive gift confirmation
- Remember to check for SingSaver email to secure your rewards after you have applied!
Stackable with Direct Bank Offer:
- Receive Samsonite ZELTUS 69cm Spinner Exp with built-in scale (worth S$680) or S$200 cashback when you spend at least S$500 and provide marketing consent in the application form.
- Promotion is valid for new HSBC cardholder
- Existing cardholders will receive S$50 cashback
- Valid until 31 December 2024
- Read Terms and Conditions here
We believe in always paying our credit card bills on time and in full. It is only by doing that, can we fully maximise our credit card benefits.
