Starting 01 October 2025, HSBC will raise the minimum annual income requirement for its credit cards to S$65,000 — more than double the current MAS minimum of S$30,000.
ENDING TODAY
Choose 1 Gift
Selection form emailed after application
Dyson Airstrait™ Straightener
Retail S$799
Hair straightener that dries and smooths hair at the same time
Dyson Clean+Wash Hygiene hard floor cleaner
Worth S$729
vacuums, washes and removes wet and dry messes in one go
Sony WH-1000XM6 Earphone
Worth S$649
wireless noise-cancelling headphones with premium sound, powerful noise cancellation
26,000 Max Miles by Heymax
Worth S$468
Earns you miles redeemable for flights, hotels, and perks · at HeyMax's published FlyAnywhere rate of 1.8 cents per mile
S$450 Cash
Worth S$450
via PayNow
Ends today
Requirements (tap to expand)
- You qualify if: you have no HSBC credit card right now, AND haven't cancelled any HSBC credit card in the last 12 months
- Activate your card and spend min. S$500 in qualifying posted retail purchases by the end of the calendar month after your card account is opened.
- During the application, tick the box to receive marketing messages from HSBC. Don't unsubscribe until your gift arrives — if you do, HSBC can cancel the reward.
- SingSaver will email you a Rewards Redemption Form — check inbox (and spam folder) after applying. Fill it in within 14 days after applying for the card to claim your gift, or you'll lose it.
- This card has a S$196.20 first-year annual fee (including GST, compulsory and non-waivable via SingSaver), payable even if you do not qualify for the reward. You'll still come out ahead — the gift alone is worth up to S$799, plus you get 4 free airport lounge visits worth S$60+ each.
- Separate SingSaver new-cardholder offer: apply through SingSaver as the main cardholder from 26 October to 1 November 2026. Use the same name, mobile number and email address in your SingSaver and HSBC applications.
- Qualifying spend excludes foreign exchange and quasi-cash transactions; payments to financial institutions, brokerages and money-transfer services (including CardUp and iPayMy); prepaid card, voucher and e-wallet top-ups or credit purchases; AXS and ATM transactions; instalment amounts and certain instalment-plan purchases; balance transfers, cash advances, bank fees and charges; and unposted, cancelled, disputed or refunded transactions. See the linked terms for the full exclusions.
- Keep your card account in good standing until the reward is awarded. HSBC may forfeit or recover the reward if the card is closed or suspended before fulfilment, or if you cancel it within 12 months of account opening.
- You can receive only one gift across eligible HSBC cards in this promotion. This promotion cannot be combined with other offers unless the terms expressly allow it.
Why pick this card
4 free DragonPass airport lounge passes yearly.
Currently hold a HSBC credit card issued over 12 months ago? Apply here → HSBC gives eligible existing cardholders up to 10,000 miles (25,000 Reward points) directly + Samsonite ZELTUS 69cm Spinner Exp with built-in scale (worth S$680) with a spend of S$1,000. Please complete the Rewards Redemption Form sent to your email so your application is properly recorded. Separate HSBC bank offer: apply from 1 July to 31 October 2026 and have the card approved by 14 November 2026. The SingSaver new-cardholder offer ending on 1 November 2026 does not extend this bank offer.
If you cancelled a HSBC credit card in the past 12 months, you don't qualify for either reward.
ENDING TODAY
Choose 1 Gift
Selection form emailed after application
Dyson Airstrait™ Straightener
Retail S$799
Hair straightener that dries and smooths hair at the same time
Dyson Clean+Wash Hygiene hard floor cleaner
Worth S$729
vacuums, washes and removes wet and dry messes in one go
Sony WH-1000XM6 Earphone
Worth S$649
wireless noise-cancelling headphones with premium sound, powerful noise cancellation
26,000 Max Miles by Heymax
Worth S$468
Earns you miles redeemable for flights, hotels, and perks · at HeyMax's published FlyAnywhere rate of 1.8 cents per mile
S$450 Cash
Worth S$450
via PayNow
Ends today
Requirements (tap to expand)
- You qualify if: you have no HSBC credit card right now, AND haven't cancelled any HSBC credit card in the last 12 months
- Activate your card and spend min. S$500 in qualifying posted retail purchases by the end of the calendar month after your card account is opened.
- During the application, tick the box to receive marketing messages from HSBC. Don't unsubscribe until your gift arrives — if you do, HSBC can cancel the reward.
- SingSaver will email you a Rewards Redemption Form — check inbox (and spam folder) after applying. Fill it in within 14 days after applying for the card to claim your gift, or you'll lose it.
- Apply through SingSaver as the main cardholder from 26 October to 1 November 2026. Use the same name, mobile number and email address in your SingSaver and HSBC applications.
- Qualifying spend excludes foreign exchange and quasi-cash transactions; payments to financial institutions, brokerages and money-transfer services (including CardUp and iPayMy); prepaid card, voucher and e-wallet top-ups or credit purchases; AXS and ATM transactions; instalment amounts and certain instalment-plan purchases; balance transfers, cash advances, bank fees and charges; and unposted, cancelled, disputed or refunded transactions. See the linked terms for the full exclusions.
- Keep your card account in good standing until the reward is awarded. HSBC may forfeit or recover the reward if the card is closed or suspended before fulfilment, or if you cancel it within 12 months of account opening.
- You can receive only one gift across eligible HSBC cards in this promotion. This promotion cannot be combined with other offers unless the terms expressly allow it.
Why pick this card
4 mpd on contactless, travel & online spend. Up to 8 mpd for HSBC EGA customers (S$50K ADB).
Currently hold a HSBC credit card issued over 12 months ago? Apply here → HSBC gives eligible existing cardholders S$50 cashback directly with an eligible spend of S$500. Please complete the Rewards Redemption Form sent to your email so your application is properly recorded.
If you cancelled a HSBC credit card in the past 12 months, you don't qualify for either reward.
ENDING TODAY
Choose 1 Gift
Selection form emailed after application
Dyson Airstrait™ Straightener
Retail S$799
Hair straightener that dries and smooths hair at the same time
Dyson Clean+Wash Hygiene hard floor cleaner
Worth S$729
vacuums, washes and removes wet and dry messes in one go
Sony WH-1000XM6 Earphone
Worth S$649
wireless noise-cancelling headphones with premium sound, powerful noise cancellation
26,000 Max Miles by Heymax
Worth S$468
Earns you miles redeemable for flights, hotels, and perks · at HeyMax's published FlyAnywhere rate of 1.8 cents per mile
S$450 Cash
Worth S$450
via PayNow
Ends today
Requirements (tap to expand)
- You qualify if: you have no HSBC credit card right now, AND haven't cancelled any HSBC credit card in the last 12 months
- Activate your card and spend min. S$500 in qualifying posted retail purchases by the end of the calendar month after your card account is opened.
- During the application, tick the box to receive marketing messages from HSBC. Don't unsubscribe until your gift arrives — if you do, HSBC can cancel the reward.
- SingSaver will email you a Rewards Redemption Form — check inbox (and spam folder) after applying. Fill it in within 14 days after applying for the card to claim your gift, or you'll lose it.
- Apply through SingSaver as the main cardholder from 26 October to 1 November 2026. Use the same name, mobile number and email address in your SingSaver and HSBC applications.
- Qualifying spend excludes foreign exchange and quasi-cash transactions; payments to financial institutions, brokerages and money-transfer services (including CardUp and iPayMy); prepaid card, voucher and e-wallet top-ups or credit purchases; AXS and ATM transactions; instalment amounts and certain instalment-plan purchases; balance transfers, cash advances, bank fees and charges; and unposted, cancelled, disputed or refunded transactions. See the linked terms for the full exclusions.
- Keep your card account in good standing until the reward is awarded. HSBC may forfeit or recover the reward if the card is closed or suspended before fulfilment, or if you cancel it within 12 months of account opening.
- You can receive only one gift across eligible HSBC cards in this promotion. This promotion cannot be combined with other offers unless the terms expressly allow it.
Why pick this card
1.5%–2.5% unlimited cashback on all spend.
Currently hold a HSBC credit card issued over 12 months ago? Apply here → HSBC gives eligible existing cardholders S$50 cashback directly with an eligible spend of S$500. Please complete the Rewards Redemption Form sent to your email so your application is properly recorded.
If you cancelled a HSBC credit card in the past 12 months, you don't qualify for either reward.
ENDING TODAY
Choose 1 Gift
Selection form emailed after application
Dyson Airstrait™ Straightener
Retail S$799
Hair straightener that dries and smooths hair at the same time
Dyson Clean+Wash Hygiene hard floor cleaner
Worth S$729
vacuums, washes and removes wet and dry messes in one go
Sony WH-1000XM6 Earphone
Worth S$649
wireless noise-cancelling headphones with premium sound, powerful noise cancellation
26,000 Max Miles by Heymax
Worth S$468
Earns you miles redeemable for flights, hotels, and perks · at HeyMax's published FlyAnywhere rate of 1.8 cents per mile
S$450 Cash
Worth S$450
via PayNow
Ends today
Requirements (tap to expand)
- You qualify if: you have no HSBC credit card right now, AND haven't cancelled any HSBC credit card in the last 12 months
- Activate your card and spend min. S$500 in qualifying posted retail purchases by the end of the calendar month after your card account is opened.
- During the application, tick the box to receive marketing messages from HSBC. Don't unsubscribe until your gift arrives — if you do, HSBC can cancel the reward.
- SingSaver will email you a Rewards Redemption Form — check inbox (and spam folder) after applying. Fill it in within 14 days after applying for the card to claim your gift, or you'll lose it.
- Apply through SingSaver as the main cardholder from 26 October to 1 November 2026. Use the same name, mobile number and email address in your SingSaver and HSBC applications.
- Qualifying spend excludes foreign exchange and quasi-cash transactions; payments to financial institutions, brokerages and money-transfer services (including CardUp and iPayMy); prepaid card, voucher and e-wallet top-ups or credit purchases; AXS and ATM transactions; instalment amounts and certain instalment-plan purchases; balance transfers, cash advances, bank fees and charges; and unposted, cancelled, disputed or refunded transactions. See the linked terms for the full exclusions.
- Keep your card account in good standing until the reward is awarded. HSBC may forfeit or recover the reward if the card is closed or suspended before fulfilment, or if you cancel it within 12 months of account opening.
- You can receive only one gift across eligible HSBC cards in this promotion. This promotion cannot be combined with other offers unless the terms expressly allow it.
Why pick this card
Up to 8% cashback on dining, shopping & fuel.
Currently hold a HSBC credit card issued over 12 months ago? Apply here → HSBC gives eligible existing cardholders S$50 cashback directly with an eligible spend of S$500. Please complete the Rewards Redemption Form sent to your email so your application is properly recorded.
If you cancelled a HSBC credit card in the past 12 months, you don't qualify for either reward.
Who Will Be Affected?
This change affects all new applications for HSBC credit cards, including:
- HSBC Advance Card
- HSBC Live+ Card
- HSBC Premier Mastercard
- HSBC Revolution Card
- HSBC TravelOne Card
If you already hold any of these cards, you can continue using them. Your card will not be cancelled just because you do not meet the new income requirement.
Summary of Changes:
Before 01 Oct 2025 | From 01 Oct 2025 | ||
<S$50,000 TRB | >S$50,000 TRB | ||
Salaried Employees (Locals/PRs) | S$30,000 | S$65,000 | S$30,000 |
Self-Employees/Commission-Based (Locals/PRs) | S$40,000 | S$65,000 | S$40,000 |
Foreigners | S$60,000 | S$65,000 | S$65,000 |
If you’re a Singaporean/PR with at least S$50,000 Total Relationship Balance (TRB), you can still qualify under the current S$30,000 minimum income requirement. But if your TRB is below S$50,000 (or you don’t have one), the new S$65,000 income requirement will apply.
Ways to Qualify Without Earning S$65,000
HSBC still offers two ways to bypass the higher income requirement — but both now require a Total Relationship Balance (TRB) of at least S$50,000 from 1 October 2025.
1. Maintain a Total Relationship Balance (TRB) ≥ S$50,000
- Keeping at least S$50,000 with HSBC (deposits, investments, and insurance combined) allows you to qualify under the current income criteria.
- Total Relationship Balance is calculated based on your average monthly balance over the last 3 months and includes:
- Deposit accounts and time deposits
- Unit trusts, bonds, structured products
- Insurance surrender values
- Total Relationship Balance is calculated based on your average monthly balance over the last 3 months and includes:
2. Apply for a Secured Credit Card
- Secured credit cards remain available after 01 October 2025 — but you must have a TRB ≥ S$50,000, which includes a minimum fixed deposit of S$10,000 pledged as collateral for the card.
Apply Before 01 October 2025
If you prefer to avoid the higher income requirement, apply before 30 September 2025, when the current criteria still apply — no TRB or fixed deposit needed:
- Salaried Employees (Locals/PRs): S$30,000
- Self-Employees/Commission-Based (Locals/PRs): S$40,000
- Foreigners: S$60,000
So, if you were thinking of applying, it’s smarter to do it now before the stricter rules kick in.
Conclusion:
HSBC’s upcoming change makes it much harder for many people to get their first credit card, especially if they don’t already bank with HSBC. If you don’t meet the new S$65,000 income requirement, your options are to keep at least S$50,000 with HSBC or apply before 01 October 2025 — otherwise, the lower income requirement will sadly be out of reach.
