HSBC Revolution Sign Up Promotion:
- Receive Dyson Micro 1.5kg Vacuum (worth S$599) or 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 17,000 Max Miles or S$199 Cash via PayNow when you spend $500 by end of the following calendar month from the card account opening date + provide marketing consent
- Valid until 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!
HSBC Revolution Card Overview:
Local Earn Rate for all other spending | 0.4 miles per dollar (1 HSBC point) |
Foreign Currency Earn Rate | 0.4 miles per dollar (1 HSBC point) |
Bonus Earn Rate(for selected local online spending) | 4 miles per dollar (10 HSBC points) |
Minimum Transfer | 25,000 HSBC Points (10,000 miles) |
Miles Earned in Blocks of | S$1 |
Spending Cap for Bonus Earn Rate (Per calendar month) | S$1,000 |
Foreign Currency Fees | 2.25% |
Transfer Fee (inclusive of GST) | from 28th May 2024 to 31st Jan 2025, the transfer fee will be waived |
Points Pooling | Yes (from 28 May 2024 onwards) |
Other Card Privileges | Entertainer App; 1% extra cashback with HSBC EGA (Effective 2 May 2024, this will be removed) |
Eligibility & Fees:
- Minimum Age: 21 years old
- Minimum Annual Income: S$30,000 (locals/PRs); S$40,000 (foreigners)
- Annual Fee: FREE
Key Benefits:
- Earn 4 miles per dollar (10 HSBC points per S$1) spent with selected online
and contactlesspayments in local & foreign currency - Earn 0.4 miles per dollar (1 HSBC point per S$1) spent in all other purchases in local or foreign currency
- No annual fee
Where Can I Use it:
This card is a no annual fee, no minimum spend entry level credit card that allows you to earn HSBC points which you can convert to either cashback, or miles.
What earns 4 miles per dollar:
Effective 15 July 2024,
- You can only earn 4 miles per dollar bonus on selected ONLINE spend categories below. All contactless spending will earn 0.4 miles per dollar.
- Travel-related category will earn 4 miles per dollar until 31 December 2024. Afterwhich, it will earn 0.4 miles per dollar
- T&Cs here
Category | MCCs | Example |
Travel Related(4 mpd till 31 Dec ’24) | 3000 to 3350, 3351 to 3500, 3501 to 3999, 4411, 4511 | Singapore Airlines, Scoot, Cathay Pacific, Emirates |
Department Stores & Retail Stores | 4816, 5045, 5262, 5309, 5310, 5311, 5331, 5399, 5611, 5621, 5631, 5641, 5651, 5655, 5661, 5691, 5699, 5732 to 5735, 5912, 5942, 5944 to 5949, 5964 to 5970, 5992, 5999 | Amazon, Best Denki, Book Depository, Courts, Harvey Norman, Lazada, Qoo10, Shopee, Taobao, Atome (Use this to buy from agoda – but make manual payment from 2nd and 3rd payment) |
Dining (excluding hotel dining) | 5441 – Candy, Nut and Confectionery Stores 5462 – Bakeries 5811 – Caterers 5812 – Eating Places and Restaurants 5813 – Bars, Cocktail Lounges, Discotheques, Nightclubs and Taverns–Drinking Places (Alcoholic Beverages) | 5441: See’s Candies, Candy Empire, Laderach, TWG Tea, Venchi 5462: BreadTalk, Krispy Kreme, Four Leaves, Bengawan Solo, Chateraise, Awful Chocolate, Bread Society, Emi Cakes, Bakerzin, Crystal Jade My Bread, Dunkin Donuts 5811: Stamford Catering, How’s Catering, Neogarden 5812: Putien, Saizeriya, Ashton’s Specialities 5813: Harry’s, Wine Connection |
Transportation & Membership Clubs | 4121, 7997 | Comfort, Grab (excluding GrabPay top-ups), Gojek, TADA, Ryde, Fitness First, Anytime Fitness, Core Collective, HomeTeamNS |
Is it Worth it:
Advantages:
– No annual fee forever; saves you the hassle of calling for an annual fee waiver
– You can earn 4 miles per dollar on daily spends or 2.5% cashback
– No transfer fee for miles transfer from 28th May till 31 Jan 2025 (yay!)
Disadvantages:
– Limited monthly spending cap of S$1K
– Limited spending categories as compared to Citi Rewards
– May not be a great card to spend in foreign currency even with a 4 miles per dollar earn rate
Frequently Asked Questions:
– When will my points be credited: Usually after 1-3 working days of the transaction posting, 1X base HSBC Points are credited. Bonus 9X HSBC Points will appear on the cardholder’s statement at the end of the second calendar month, and they will be credited by the end of the subsequent calendar month from the date of transaction.
– How long are my points valid for: 37 months. Just before it expires, you can transfer it to Krisflyer, and once the points are correctly credited into Krisflyer, you’ll receive an additional 36 months. This provides you with a considerable amount of runway—roughly six years—to burn through the miles.
– How do I claim miles for HSBC revolution: I covered it in a TikTok video here.
– Will my points still remain in my HSBC account if i carry other HSBC credit cards: Points will be pooled across all credit cards for redemption purposes, but if you’re planning to cancel a credit card, make sure to redeem all points you’ve earned on that card. If not, it will be gone.
- Now till 31st Jan 2025, users of HSBC credit cards like HSBC Revolution and Visa Infinite can now be allowed to transfer their combined point balance, meaning they can transfer their points without having to pay transfer fees, almost instantly.
- Here is the current hotel and airline partners, along with the corresponding conversion ratio:
Airline Partner | Conversion Ratio |
 | 25,000:10,000 |
 | 25,000:10,000 |
 | 35,000:10,000 |
 | 25,000:10,000 |
 | 40,000:10,000 |
 | 25,000:10,000 |
 | 35,000:10,000 |
 | 35,000:10,000 |
 | 25,000:10,000 |
 | 35,000:10,000 |
 | 25,000:10,000 |
 | 50,000:10,000 |
 | 25,000:10,000 |
 | 25,000:10,000 |
 | 30,000:10,000 |
 | 25,000:10,000 |
 | 35,000:10,000 |
Hotel Partners | Conversion Ratio |
 | 25,000:5,000 |
 | 25,000:10,000 |
 | 30,000:10,000 |
 | 25,000:10,000 |
What has and will be changing in 2024?
HSBC will only earn 0.4 miles per dollar (10x reward points) for these categories:
MCCs affected | Examples | Effective |
4722 Travel Agencies & Tour Operators | Agoda, Changi Recommends, Expedia, Hotels.com, Kayak, KKday, Klook, Pelago, Skyscanner, Traveloka, Trip.com, All brick-and-mortar travel agents (e.g. Chan Brothers, CTC, Dynasty, EU Holidays, Nam Ho etc.) | 1 January 2024 |
7011 Lodging- Hotels, Motels and Resorts | Millennium Hotels & Resorts, M Social, Pan Pacific Hotels (including their restaurant), Rakuten Travel, Resorts World Sentosa, Airbnb, Marina Bay Sands | 1 January 2024 |
5814 Fast Food | McDonald’s, Starbucks, Subway, Stuff'd, XNAP merchants, Old Chang Kee | 1 May 2024 |
5411 Grocery Stores/Supermarkets | Sheng Siong, NTUC, Giant, Don Don Donki, Redmart, etc. | 1 May 2024 |
5499 Misc Food Stores – Default | 7-Eleven, Hockhua Tonic, Nespresso, Deliveroo, foodpanda, GrabFood, WhyQ, Shihlin Taiwan Street Snacks, Crave, Garrett, iHerbs | 1 May 2024 |
3000 to 3350, 3351 to 3500, 3501 to 3999, 4411, 4511 Travel related merchants. | Singapore Airlines, Scoot, Cathay Pacific, Emirates | 31st Dec 2024 |
What does not earn any miles:
| Exclusion List |
|---|
- Foreign exchange transactions (including but not limited to Forex.com); - Donations and payments to charitable, social organisations and religious organisations; - Quasi-cash transactions (including but not limited to transactions relating to money orders, traveler’s checks, gaming related transactions, lottery tickets and gambling); - Payments made to financial institutions, securities brokerages or dealers (including but not limited to the trading of securities, investments or crypto-currencies of any kind); - Payments on money payments/transfers (including but not limited to Paypal, SKR skrill.com, CardUp, SmoovPay, iPayMy); - Payments to any professional services provider (including but not limited to GOOGLE Ads, Facebook Ads, Amazon Web Services, MEDIA TRAFFIC AGENCY INC); - Top-ups, money transfers or purchase of credits of prepaid cards, stored-value cards or e-wallets (including but not limited to EZ-Link, Transitlink, NETS Flashpay and Youtrip); - Payments in connection with any government institutions and/or services (including but not limited to court costs, fines, bail and bond payment); - Any AXS and ATM transactions; - Tax payments (except HSBC Tax Payment Facility); - Payments for cleaning, maintenance and janitorial services (including property management fees); - Payments to insurance companies (including but not limited to sales, underwriting, premiums and insurance services); - Payments to educational institutions; - Payments on utilities (Electric, Gas, Water, and Sanitary); - The monthly instalment amounts under the HSBC Spend Instalment; - Balance transfers, fund transfers, cash advances, finance charges, late charges, HSBC’s Cash Instalment - Plan, any fees charged by HSBC; - Any unposted, cancelled, disputed and refunded transactions |
Read Terms and Conditions Here
Final Thoughts:
- For all travel-related spending, you can start transitioning to use DBS Women’s World Mastercard instead. If you still want to use HSBC Revolution for travel, you can pay via atome to get 4 miles per dollar but you have to do manual payment trigger as people have reported that auto-deduction does not give 4 miles per dollar.
- i think atome gives the best hotel pricing on agoda hands down anyway, why not get the payment spread out with no interest anyway? (but if you find a better deal elsewhere, let me know!). Feel free to use my Atome referral link to get S$10 off your first purchase.
- For all contactless spending, you can use Citi Rewards + Amaze is the safest because it allows for even doctor’s visit, TCM, google ads to clock 4 miles per dollar. If not, there are some cards like UOB Lady’s or UOB PPV that can be a backup, but there are not a catch-all card like Citi Rewards + Amaze.
- Not a great card to use it overseas (3.25% fcy fees will eat your rewards).
- Overall, this card can serve as a backup card to give you 4 miles per dollar if you still have it.
- The ability to pool points with other HSBC Credit Cards makes it not too bad.
- I could see myself using this card to earn 4 miles per dollar on monthly gym memberships or online spending on shopee/amazon/lazada or ride hailing services or making Atome/Shopback Pay/Kris+ payments.
- I think I may transfer my points out of HSBC Revolution around Jan 2025 to take advantage of the free transfer, just in case i decide to cancel the card. The way the transfer works is that: you just need the first 25K HSBC points, then after which you just need blocks of 5. So you can transfer 25005, 25010 etc.
- Some people feel that cancelling the card might not be a bad idea to “reset” your status – because after 12 months, you will be considered a new-to-bank customer. Then you can qualify for the new sign up bonus rewards when you sign up for a new HSBC Card. ? (don’t say I say one. ?)
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 Revolution Sign Up Promotion:
- Receive Dyson Micro 1.5kg Vacuum (worth S$599) or 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 17,000 Max Miles or S$199 Cash via PayNow when you spend $500 by end of the following calendar month from the card account opening date + provide marketing consent
- Valid until 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!
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.
