Best HSBC Credit Cards 2024

We believe that your credit card should match your unique needs because your circumstances are different from others. To help you navigate through the complex world of financial products, our research team has reviewed over 100 credit cards in Singapore and handpicked a few cards from HSBC that have excellent value propositions.

Compare Best HSBC Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best HSBC credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how the best HSBC credit cards compare to one another in terms of their rewards
Best HSBC Credit Cards in Singapore by Estimated 2-Year Dollar Value
HSBC Revolution:
  • 4 miles per S$1 spent online and on contactless payments
HSBC Advance:
  • Up to 3.5% cashback capped at S$300/month
HSBC Visa Platinum:
  • 5% rebate on groceries, dining & petrol, miles for general
HSBC Visa Infinite:
  • Unltd. lounge, expedited immigration clearance & more

Compare Best HSBC Credit Cards by Dollar Value

Based on an average monthly spend of S$2,000, we analysed the best credit cards on the market to estimate returned value-to-consumer after 2 years, accounting for rebates and netting out annual fees. As a note, dollar value is heavily dependent on spending habits; intangible benefits (like free travel insurance and airport lounge access) are valuable but difficult to quantify.

A graph displaying how the best HSBC credit cards compare to one another in terms of their rewards
Best HSBC Credit Cards in Singapore by Estimated 2-Year Dollar Value

HSBC Revolution Credit Card: Miles for Social & Online Spenders

  • No annual fee
  • Earn up to 4 miles, equivalent to up to 10X reward points or up to 2.5% cashback for every S$1 spent
  • Points can be redeemed for miles through Mileage Programme in blocks of 10,000 Points for 4,000 miles
  • Receive complimentary access to the ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
  • T&Cs apply. SGD deposits are insured by up to S$75K by SDIC.
HSBC Revolution Credit Card is a great credit card if you have a mostly local budget, but still want to earn miles. Cardholders earn an impressive 4 miles (10 points) per S$1 spend on all online and contactless payments. This includes everything from online food delivery to travel bookings. This credit 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. Ultimately, if you spend a great deal locally & online and want to earn no-fee miles, HSBC Revolution Card is by far the best option for you.
  • No annual fee
  • Earn up to 4 miles, equivalent to up to 10X reward points or up to 2.5% cashback for every S$1 spent
  • Points can be redeemed for miles through Mileage Programme in blocks of 10,000 Points for 4,000 miles
  • Receive complimentary access to the ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
  • T&Cs apply. SGD deposits are insured by up to S$75K by SDIC.
HSBC Revolution Credit Card is a great credit card if you have a mostly local budget, but still want to earn miles. Cardholders earn an impressive 4 miles (10 points) per S$1 spend on all online and contactless payments. This includes everything from online food delivery to travel bookings. This credit 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. Ultimately, if you spend a great deal locally & online and want to earn no-fee miles, HSBC Revolution Card is by far the best option for you.

HSBC Advance Credit Card: Rebates for HSBC Personal Banking Customers

  • Annual fee: S$194.40 (first year- waived)
  • 2.5% base cashback when you spend above SGD2,000
  • 1.5% base cashback with no minimum spend
  • 1% bonus cashback on your eligible credit card spending if you are HSBC Everyday Global Account holder and qualified for the HSBC Everyday+. T&Cs apply. SGD deposits are insured by up to S$75K by SDIC
  • Receive complimentary access to the ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
Existing HSBC Personal Banking customers and those willing to consider opening an HSBC Everyday Global Account can earn over S$4,000 cashback per year with HSBC Advance Credit Card. Cardholders enjoy up to 3.5% flat cashback after spending over S$2,000 (or 2.5% cashback if spend is lower) which is equivalent to and up to S$370/month for simply depositing a minimum of S$2,000 per month in fresh funds and charging at least five transactions to their account.


It's worth mentioning without depositing the fresh funds every month, you can also earn up to 2.5% base cashback with HSBC Advance Credit card - 2.5% base cashback when you spend above SGD2,000 or 1.5% base cashback with no minimum spend, capped at S$70 cashback/month.

  • Stand-Out: Up to 3.5% flat cashback, lofty S$370/month rewards cap
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$194.40 (first year- waived)
  • 2.5% base cashback when you spend above SGD2,000
  • 1.5% base cashback with no minimum spend
  • 1% bonus cashback on your eligible credit card spending if you are HSBC Everyday Global Account holder and qualified for the HSBC Everyday+. T&Cs apply. SGD deposits are insured by up to S$75K by SDIC
  • Receive complimentary access to the ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
If you’re willing to consider opening an HSBC Advance banking account, you can potentially earn up to S$1,500/year with HSBC Advance Credit Card. Advance customers earn 3.5% flat rebate on all spend after a S$2,000 minimum (2.5% if below), up to S$125/month. This rate is more than double that offered by typical unlimited cashback cards, and while there’s a cap (S$125/month), it’s among the highest on the market. Even better, Advance customers never pay an annual fee.


It’s worth mentioning that rates for non-Advance customers are less competitive. Cardholders earn 2.5% rebate after S$2,000 spend (1.5% if below), up to just S$70/month. In addition, there’s a S$192.6 fee, though it can be waived with S$12,500 annual spend. Overall, if you’re an above average spender and want to maximise cashback, we highly recommend checking to see if you qualify for an Advance account and consider HSBC Advance Card.

HSBC Visa Platinum Credit Card: Earn Both Cashback & Miles

  • Annual fee: S$194.40 (waived for two years)
  • 5% cash rebate on local dining and groceries (food deliveries and online groceries included)
  • 0.4 miles per S$1 general spend, unlimited
  • Earn up to 17% instant discount plus 5% cash rebate on fuel spending at Caltex and Shell stations
  • Receive complimentary access to the ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
  • T&Cs apply. SGD deposits are insured by up to S$75K by SDIC.
HSBC Visa Platinum Credit Card is one of the few options on the market allowing consumers to earn both cashback and miles. Cardholders earn 5% rebate on local dining, groceries and petrol–making for a very practical card–after just S$600 minimum spend. All other spend earns 0.4 miles per S$1, which is low, but requires no minimum to begin earning. Overall, earnings are capped at a respectable S$250/quarter (about S$83/month), and the S$192.6 fee is easily waived with just S$12,500 annual spend. Overall, if you’d like to earn both cashback and miles for local spend in key categories, consider HSBC Visa Platinum Card.
  • Stand-Out: Rebates on local food & petrol, miles for general spend
  • Promotions:
  • Read Our Full Review
  • Annual fee: S$194.40 (waived for two years)
  • 5% cash rebate on local dining and groceries (food deliveries and online groceries included)
  • 0.4 miles per S$1 general spend, unlimited
  • Earn up to 17% instant discount plus 5% cash rebate on fuel spending at Caltex and Shell stations
  • Receive complimentary access to the ENTERTAINER with HSBC app, with over 1,000 1-for-1 deals on dining, lifestyle and travel worldwide
  • T&Cs apply. SGD deposits are insured by up to S$75K by SDIC.
HSBC Visa Platinum Credit Card is one of the few options on the market allowing consumers to earn both cashback and miles. Cardholders earn 5% rebate on local dining, groceries and petrol–making for a very practical card–after just S$600 minimum spend. All other spend earns 0.4 miles per S$1, which is low, but requires no minimum to begin earning. Overall, earnings are capped at a respectable S$250/quarter (about S$83/month), and the S$192.6 fee is easily waived with just S$12,500 annual spend. Overall, if you’d like to earn both cashback and miles for local spend in key categories, consider HSBC Visa Platinum Card.

HSBC Visa Infinite Credit Card: Airport Convenience & Luxury Perks

  • Airport perks like expedited immigration clearance & unltd lounge
  • Promotions:
  • "Annual fee: S$650 (S$488 for HSBC Premier customers)
  • 1st Year: 1 mile per S$1 local spend, 2 miles overseas
  • Thereafter: 1.25 miles per S$1 local spend, 2.25 miles overseas (with S$50,000 annual spend)
  • Unlimited lounge access, travel insurance, golfing privileges, free limo transfers & expedited immigration clearance (1x/S$2,000 spend, up to 24x/year)"
Amongst the many high-end travel cards on the market, HSBC Visa Infinite Credit Card stands out not just for its luxury perks, but also for its unique airport privileges that make trips all the more convenient. Cardholders enjoy unlimited lounge access and expedited immigration clearance up to 24 times per year, which isn't an especially common benefit. Other perks include free travel insurance, complimentary limo transfers and golfing privileges.


To round this out, cardholders earn 1 mile per S$1 spend locally and 2 miles per S$1 overseas during their 1st year, boosted to 1.25 miles and 2.25 miles (respectively) thereafter with S$50,000 spend. While these rates and perks are fairly attractive, the annual fee is incredibly high, at S$650 (discounted to S$488 for HSBC Premier customers). As a result, HSBC Visa Infinite Card is best fit for affluent travellers who want both luxury and convenience when they travel.

  • Stand-Out: Airport perks like expedited immigration clearance & unltd lounge
  • Promotions:
  • "Annual fee: S$650 (S$488 for HSBC Premier customers)
  • 1st Year: 1 mile per S$1 local spend, 2 miles overseas
  • Thereafter: 1.25 miles per S$1 local spend, 2.25 miles overseas (with S$50,000 annual spend)
  • Unlimited lounge access, travel insurance, golfing privileges, free limo transfers & expedited immigration clearance (1x/S$2,000 spend, up to 24x/year)"
Amongst the many high-end travel cards on the market, HSBC Visa Infinite Credit Card stands out not just for its luxury perks, but also for its unique airport privileges that make trips all the more convenient. Cardholders enjoy unlimited lounge access and expedited immigration clearance up to 24 times per year, which isn't an especially common benefit. Other perks include free travel insurance, complimentary limo transfers and golfing privileges.


To round this out, cardholders earn 1 mile per S$1 spend locally and 2 miles per S$1 overseas during their 1st year, boosted to 1.25 miles and 2.25 miles (respectively) thereafter with S$50,000 spend. While these rates and perks are fairly attractive, the annual fee is incredibly high, at S$650 (discounted to S$488 for HSBC Premier customers). As a result, HSBC Visa Infinite Card is best fit for affluent travellers who want both luxury and convenience when they travel.

Learn More About Maximising Rewards with HSBC

HSBC Revolution Credit Card v. Maybank Horizon Visa Signature Credit Card

  • Market-leading 3.2 mi/S$1 local dining & transport spend
  • Annual Fee:S$180
  • Promotions:
  • Read Our Full Review
You can earn more miles for local spend with Maybank Horizon Visa Signature Credit Card than with any other credit card on the market. In fact, cardholders earn 3.2 miles per S$1 spend on local dining, petrol, taxis, Grab and hotel bookings–traditional travel credit cards offer just 1.1–1.4 miles per S$1 local spend. Cardholders also enjoy high rates of 2 miles per S$1 in foreign currency transactions and on air tickets & travel packages. There’s even a fee waiver with S$18,000 annual spend.


HSBC Revolution Credit Card offers just 2 miles per S$1 for local spend, but rewards entertainment & online spend–Maybank Horizon Card does not. In addition, HSBC Revolution Credit Card’s fee-waiver is easier to achieve, requiring only S$12,500 annual spend. If you spend a great deal online and want an affordable card for local social spend, HSBC Revolution Card may be a better option for you.

HSBC Advance Credit Card v. Standard Chartered Unlimited Cashback Credit Card

  • 1.5% unlimited cashback w/ no min. spend requirement
  • Annual Fee:S$194.40
  • Promotions:
  • Read Our Full Review
Standard Chartered Unlimited Cashback Card is an excellent option for very high spenders. While the 1.5% rewards rate is lower than HSBC Advance Card’s, there is no monthly cap, allowing for unlimited earnings. SC Unlimited Cashback Card also comes with several transport perks. It’s SimplyGo functional and offers up to 21% fuel savings with Caltex. If you spend about S$7,000+/month, you can earn more with SC Unlimited Cashback Card; if you spend closer to S$3,500/month, you can better maximise rewards with HSBC Advance, as an Advance customer.

HSBC Advance Credit Card v. UOB One Credit Card

UOB One Credit Card offers one of the highest flat rates on the market. With S$2,000 monthly spend, you can earn 5% cashback up to S$300/quarter. Lower spenders earn 3.33% rebate up to S$50 or S$100/quarter. UOB One Card is different than HSBC Advance Card because of its tiered rebate system, and because of its higher max rate–though its cap (about S$100/month) is lower. Those spending S$2,000/month can make the most of their spend with UOB One Card; those spending closer to S$3,500/month will earn more as an HSBC Advance customer with the HSBC Advance Card.

HSBC Visa Platinum Credit Card v. Citi Cash Back Credit Card

  • Up to 8% cashback on groceries & petrol, 6% on dining
  • Annual Fee:S$194.40
  • Promotions:
  • Read Our Full Review
With Citi Cash Back Credit Card, you can earn up to 8% on dining, groceries, and petrol worldwide. While there’s an S$888 minimum spend requirement, cardholders can earn up to S$75/month. HSBC Visa Platinum Card, however, offers just 5% rebate on food & petrol, and rewards are limited to local spend only. On the other hand, HSBC Visa Platinum Card has a lower minimum requirement (S$600) and allows cardholders to earn miles for general spend. It even has a fee-waiver, which Citi Cash Back Card does not. If you want no-fee cashback and miles for local spend on food & transport, consider HSBC Visa Platinum Card.
HSBC Revolution Credit Card v. Maybank Horizon Visa Signature Credit Card
Market-leading 3.2 mi/S$1 local dining & transport spend Annual Fee:S$180 Promotions:
You can earn more miles for local spend with Maybank Horizon Visa Signature Credit Card than with any other credit card on the market. In fact, cardholders earn 3.2 miles per S$1 spend on local dining, petrol, taxis, Grab and hotel bookings–traditional travel cards offer just 1.1–1.4 miles per S$1 local spend. Cardholders also enjoy high rates of 2 miles per S$1 in foreign currency transactions and on air tickets & travel packages. There’s even a fee waiver with S$18,000 annual spend.


HSBC Revolution Credit Card offers just 2 miles per S$1 for local spend, but rewards entertainment & online spend–Maybank Horizon Card does not. In addition, HSBC Revolution Credit Card’s fee-waiver is easier to achieve, requiring only S$12,500 annual spend. If you spend a great deal online and want an affordable card for local social spend, HSBC Revolution Card may be a better option for you.

HSBC Advance Credit Card v. Standard Chartered Unlimited Cashback Credit Card
1.5% unlimited cashback w/ no min. spend requirement Annual Fee:S$194.40 Promotions:
Standard Chartered Unlimited Cashback Credit Card is an excellent option for very high spenders. While the 1.5% rewards rate is lower than HSBC Advance Credit Card’s, there is no monthly cap, allowing for unlimited earnings. SC Unlimited Cashback Credit Card also comes with several transport perks. It’s SimplyGo functional and offers up to 21% fuel savings with Caltex. If you spend about S$7,000+/month, you can earn more with SC Unlimited Cashback Credit Card; if you spend closer to S$3,500/month, you can better maximise rewards with HSBC Advance, as an Advance customer.
HSBC Advance Credit Card v. UOB One Credit Card
Up to 10% rebate on all spend, S$300/quarter Annual Fee:S$194.40 Promotions:
UOB One Credit Card offers one of the highest flat rates on the market. With S$2,000 monthly spend, you can earn 5% cashback up to S$300/quarter. Lower spenders earn 3.33% rebate up to S$50 or S$100/quarter. UOB One Credit Card is different than HSBC Advance Card because of its tiered rebate system, and because of its higher max rate–though its cap (about S$100/month) is lower. Those spending S$2,000/month can make the most of their spend with UOB One Credit Card; those spending closer to S$3,500/month will earn more as an HSBC Advance customer with the HSBC Advance Credit Card.
HSBC Visa Platinum Credit Card v. Citi Cash Back Credit Card
Up to 8% cashback on groceries & petrol, 6% on dining Annual Fee:S$194.40 Promotions:
With Citi Cash Back Credit Card, you can earn up to 8% on dining, groceries, and petrol worldwide. While there’s an S$888 minimum spend requirement, cardholders can earn up to S$75/month. HSBC Visa Platinum Credit Card, however, offers just 5% rebate on food & petrol, and rewards are limited to local spend only. On the other hand, HSBC Visa Platinum Credit Card has a lower minimum requirement (S$600) and allows cardholders to earn miles for general spend. It even has a fee-waiver, which Citi Cash Back Credit Card does not. If you want no-fee cashback and miles for local spend on food & transport, consider HSBC Visa Platinum Credit Card.
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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