If you’re looking for a credit card that offers great rewards and benefits, the HSBC Visa Platinum Card Singapore might be just what you need. With cash rebates of up to SGD1,000 each year, this card is perfect for those who want to save money while still enjoying the finer things in life. Whether you’re looking for discounts on dining, leisure, or enrichment activities, the HSBC Visa Platinum Card Singapore has something for everyone.
One of the key features of the HSBC Visa Platinum Card Singapore is its cashback rewards program. You can earn up to 5% cash rebates on local dining and groceries, as well as 1X Reward Point for every S$1 spent. This means that the more you use your card, the more rewards you’ll earn. Additionally, the card offers a wide selection of privileges and discounts, including exclusive offers for HSBC customers.
If you’re interested in applying for the HSBC Visa Platinum Card Singapore, there are a few things you should know. To be eligible for the card, you must be at least 21 years old and have a minimum annual income of SGD30,000. There is also an annual fee of SGD192.60, but this can be waived if you meet certain spending requirements. Overall, the HSBC Visa Platinum Card Singapore is a great choice for those who want to save money while still enjoying the benefits of a premium credit card.
Key Takeaways
- The HSBC Visa Platinum Card Singapore offers cash rebates of up to SGD1,000 each year and a wide selection of privileges and discounts.
- The card’s cashback rewards program allows you to earn up to 5% cash rebates on local dining and groceries, as well as 1X Reward Point for every S$1 spent.
- To be eligible for the card, you must be at least 21 years old and have a minimum annual income of SGD30,000. There is also an annual fee of SGD192.60, but this can be waived if you meet certain spending requirements.
Key Features and Benefits
The HSBC Visa Platinum Credit Card is a great choice for anyone looking to earn rewards and enjoy exclusive perks. Here are some of the key features and benefits of this card.
HSBC Everyday+ Rewards Programme
With the HSBC Everyday+ Rewards Programme, you can earn up to 2.5% cashback on your everyday spend. You’ll earn 1 Reward point for every $1 spent on eligible transactions and you can redeem your points for cash rebates, gift cards, and more. Plus, you can enjoy exclusive discounts and privileges at over 4,000 merchants in Singapore.
Dining and Lifestyle Perks
As a HSBC Visa Platinum Credit Cardholder, you can enjoy up to 50% off at over 50 popular restaurants in Singapore with the Entertainer with HSBC app. Plus, you can enjoy exclusive dining privileges at over 1,000 restaurants worldwide with the HSBC Dining Privileges programme. You’ll also get access to exclusive lifestyle perks, including discounts on spas, fitness centres and more.
Travel Privileges
If you’re a frequent traveller, the HSBC Visa Platinum Credit Card is the perfect card for you. You’ll enjoy up to 12% off hotel bookings with Agoda, and up to 10% off hotel bookings with Expedia. Plus, you’ll get access to over 1,000 airport lounges worldwide with the HSBC Visa Platinum Credit Card.
Overall, the HSBC Visa Platinum Credit Card is a great choice for anyone looking to earn rewards and enjoy exclusive perks. With its cashback rewards, dining and lifestyle perks, and travel privileges, this card has something for everyone.
Earning Rewards and Cashback
If you are looking for a credit card that rewards you for your everyday spending, the HSBC Visa Platinum Card is definitely worth considering. Here are some ways you can earn rewards and cashback with this card:
Groceries and Fuel
With the HSBC Visa Platinum Card, you can earn 5% cash rebate on your dining, groceries and fuel spending. This means that you can save a significant amount of money on your daily expenses, especially if you frequently visit supermarkets and petrol stations. The card is accepted at major supermarkets and petrol stations, including Caltex and Shell.
Online and Overseas Spending
If you enjoy shopping online or travelling overseas, the HSBC Visa Platinum Card can also reward you for your spending. You can earn 1 Reward point for every S$1 you spend on eligible transactions, both online and overseas. These Reward points can be redeemed for a variety of rewards, including air miles, shopping vouchers and cash rebates.
Monthly Cashback Cap
It is worth noting that there is a monthly cashback cap of S$250 per quarter. This means that once you have reached the cap, you will not be able to earn any more cashback for the rest of the quarter. However, the cap is quite generous and most people should be able to earn a significant amount of cashback before reaching it.
Overall, the HSBC Visa Platinum Card is a great option if you want to earn rewards and cashback on your everyday spending. With its generous cashback rate and wide range of rewards, this card can help you save money and get more out of your spending.
Eligibility and Fees
Income and Age Requirements
To be eligible for the HSBC Visa Platinum Credit Card in Singapore, you must be at least 21 years old. Additionally, you must meet the following income requirements:
- Singaporean or Permanent Resident: at least $30,000 per year
- Self-employed and commission-based Singaporean or Permanent Resident, or a foreigner residing in Singapore: at least $40,000 per year
Annual Fee and Charges
One of the great things about the HSBC Visa Platinum Credit Card is that there is no annual fee. This means that you won’t have to worry about paying a yearly fee just to use the card.
However, it’s important to note that there is a foreign currency transaction fee of 2.8%. This fee will be applied to any transactions made in a currency other than Singapore dollars.
Overall, the HSBC Visa Platinum Credit Card is a great choice for anyone looking for a credit card with no annual fee and cash rebates on family expenses. As long as you meet the income and age requirements, you can apply for the card and start enjoying its benefits.
Exclusive Offers for HSBC Customers
As an HSBC customer, you are entitled to a range of exclusive offers that can help you save money and get more out of your banking experience. Here are some of the top offers available to HSBC Premier customers:
HSBC Premier Advantages
HSBC Premier customers can enjoy a range of advantages, including preferential rates on loans and mortgages, as well as access to exclusive investment opportunities. In addition, you can get priority banking services and access to a dedicated relationship manager who can help you with all your banking needs.
Fresh Funds and Fixed Deposit Offers
If you are looking to make a deposit, HSBC has some great offers available to help you maximise your returns. For example, if you deposit fresh funds of at least SGD2,000 into your HSBC Everyday Global Account, you can enjoy an interest rate of up to 0.45% p.a. Alternatively, if you have a Fixed Deposit Collateral account, you can enjoy a preferential interest rate of up to 1.25% p.a. when you deposit fresh funds of at least SGD5,000.
In addition, HSBC Premier customers can enjoy preferential interest rates on fixed deposits, with rates of up to 1.35% p.a. available for deposits of at least SGD50,000.
So if you are an HSBC customer, be sure to take advantage of these exclusive offers to help you get more out of your banking experience. With a range of benefits available, you can save money and enjoy a more rewarding banking experience.
Managing Your Card
As a HSBC Visa Platinum Credit Cardholder, managing your card has never been easier. With the HSBC Singapore app, you can easily manage your card on the couch or on the go. The app allows you to check your balance, view your transactions, and make payments with just a few taps.
Understanding the Fine Print
It’s important to understand the fine print of your HSBC Visa Platinum Credit Card to avoid any surprises. The annual fee for the card is waived, and you can get up to SGD1,000 worth of cash rebate yearly. You can earn 5% cash rebate on dining, groceries and fuel, and 1 Reward point for every dollar spent on this card. Note that your credit limit is subject to HSBC’s review and approval.
Maximising Card Benefits
To maximise your benefits, make sure you meet the minimum spend and qualifying transaction requirements for the cash rebate. Spend at least SGD300 per month to enjoy the 5% cash rebate on dining, groceries and fuel. If you spend SGD500 or more per month, you can earn an additional 5% cash rebate on your family expenses.
HSBC also offers various promotions throughout the year, so keep an eye out for those. For example, you can get up to 16% instant discount on Caltex/Shell when you sign up for the HSBC Visa Platinum Credit Card.
Overall, the HSBC Visa Platinum Credit Card is a great choice for those looking to earn cash rebates on their credit card spending. With the easy-to-use HSBC Singapore app and a wide range of benefits, managing your card has never been easier.
Frequently Asked Questions
What perks come with the HSBC Visa Platinum credit card?
The HSBC Visa Platinum Credit Card offers a range of benefits, including cash rebates of up to $1,000 per year. You can also enjoy exclusive discounts and privileges on dining, shopping, travel, and entertainment. Additionally, you can earn reward points for every dollar spent on the card, which can be redeemed for vouchers, merchandise, and air miles.
How can I qualify for the HSBC Visa Platinum card in Singapore?
To be eligible for the HSBC Visa Platinum Credit Card in Singapore, you must be at least 21 years old and earn a minimum annual income of $30,000. You must also be a Singaporean citizen, permanent resident, or a foreigner with a valid employment pass.
What’s the minimum spend required to maintain the HSBC Visa Platinum Credit card benefits?
To maintain the benefits of the HSBC Visa Platinum Credit Card, you must spend a minimum of $400 per month on the card. This includes all transactions except for those listed as exclusions.
Are there any exclusive lounge accesses provided with the HSBC Platinum Card?
Yes, the HSBC Visa Platinum Credit Card provides access to over 1,000 airport lounges worldwide through the Priority Pass programme. Cardholders can enjoy up to 2 complimentary visits per year, with additional visits available at a discounted rate.
What are the annual fee details for the HSBC Visa Platinum Credit Card?
The HSBC Visa Platinum Credit Card has no annual fee, making it an excellent choice for those looking for a credit card with no hidden costs.
How does the HSBC Visa Platinum card compare to other credit cards in terms of rewards?
The HSBC Visa Platinum Credit Card offers competitive rewards, including cash rebates, reward points, and exclusive discounts and privileges. However, it’s always a good idea to compare different credit cards before making a final decision, to ensure that you choose the one that best suits your needs and lifestyle.