HSBC Revolution Card: Who Should Get It?

One of the easiest ways of earning miles on your biggest expenditures like dining, entertainment and shopping.

Editor's Rating

5.0

Good for

  • Consumers who want to easily avoid paying annual fees
  • Individuals interested in a card that rewards them for their shopping habits and social life
  • Individuals who spend at least S$1,000 per month

Bad for

  • Individuals looking for a card that gives them access to luxury perks like lounge access, airport limousine service, etc.
  • Individuals who prefer a quiet night in or tend to cook at home may get less value out of this card
  • Consumers who don't spend much on dining, entertainment and online shopping

HSBC Revolution Card: Who Should Get It?

One of the easiest ways of earning miles on your biggest expenditures like dining, entertainment and shopping.

Good for

  • Consumers who want to easily avoid paying annual fees
  • Individuals interested in a card that rewards them for their shopping habits and social life
  • Individuals who spend at least S$1,000 per month

Bad for

  • Individuals looking for a card that gives them access to luxury perks like lounge access, airport limousine service, etc.
  • Individuals who prefer a quiet night in or tend to cook at home may get less value out of this card
  • Consumers who don't spend much on dining, entertainment and online shopping

Editor's Rating

5.0

HSBC Revolution Card: Who Should Get It?

Editor's Rating

5.0

Good for

  • Consumers who want to easily avoid paying annual fees
  • Individuals interested in a card that rewards them for their shopping habits and social life
  • Individuals who spend at least S$1,000 per month

Bad for

  • Individuals looking for a card that gives them access to luxury perks like lounge access, airport limousine service, etc.
  • Individuals who prefer a quiet night in or tend to cook at home may get less value out of this card
  • Consumers who don't spend much on dining, entertainment and online shopping

In our opinion, HSBC Revolution Card is one of the best air miles credit cards currently available in Singapore. This is because it is highly affordable and also provides a very generous set of rewards focusing on the biggest spending areas for an average consumer in Singapore: dining, entertainment and online shopping. If you're interested in earning travel rewards while you shop and socialize, at a minimal cost that won't lighten your wallet, this could be the air miles card for you. Over the course of this review, we will outline the main features and highlights of the HSBC Revolution Card so that you can get the most bang for your buck.

ProsCons
  • Annual fee of S$160.5, waived for 2 years, waived in subsequent years for S$12,500 of annual spending
  • Very low flat award rate of 0.4 miles per S$1 spend on everything outside of online, dining and entertainment
  • 2 miles on online spend (shopping and travel bookings), dining, and entertainment
  • Not many other perks to speak of (i.e. lounge access, airport limousine service, etc.)
  • Promotion: Up to S$180 cash back welcome bonus for new customers (up to S$100 for existing customers)

What makes HSBC Revolution Card Stand Out: Be Rewarded for Your Social Life

To put it simply, HSBC Revolution Card is one of the best air miles credit cards in Singapore because of its versatility and affordability. The average consumer in Singapore spends about S$2,000 a month, with a third of this going toward dining, entertainment and online shopping. The HSBC Revolution Card rewards consumers for spending in these three categories, awarding cardholders 2 miles for every S$1 spent on a wide variety of activities that include dining, entertainment, and online expenditures on shopping or travel bookings.

Above characteristics make HSBC Revolution Card an excellent choice for an individual hoping to earn rewards on their recreational and discretionary spending. Assuming the above level and distribution of spending, you could earn over 50,000 miles on the card in only two years! It is also a high-value pick for the cost-conscious, as it waives its annual fee of S$160.5 for the first two years and requires a reasonable total annual expenditure of just S$12,500 to waive the annual fee in the following years. The HSBC Revolution card also helps you save by offering you discounts of up to 16% off petrol and up to 10% off travel bookings.

Where the HSBC Revolution Card falls a little short is in miles awarded for broader spending, as it only awards the relatively low amount of 0.4 miles per S$1 spent in everything other than the 3 categories of dining, entertainment and online spending. Homebodies and minimalist shoppers who do not spend much on dining, nightlife or online shopping will find it difficult to extract much value from this card. Furthermore, consumers who do not anticipate spending at least S$12,500 per year on the card will not be able to waive the annual fee of S$160.5 after the first two years. HSBC Revolution Card has made our 2017 editor's picks for Best Travel Credit Cards, Best No-Fee Credit Cards, and Best Rewards Credit Cards.

HSBC Revolution Benefits & Features

HSBC Revolution Credit Card Benefits & FeaturesDetails
Annual Fee
  • S$160.5. Waived for 2 Years
  • Subsequent Years Waived With Annual Spend of S$12,500
Annual Income Requirement
  • S$30,000 for locals, S$40,000 for foreigners
APR
  • 25%
Card Details
  • 2 miles (or 5 points) per S$1 spent on online shopping (including travel bookings)
  • 2 miles per S$1 spent on dining
  • 2 miles per S$1 spent on entertainment (bars, KTVs, clubs, etc.)
  • 0.4 miles per S$1 spent on everything else
  • Up to 16% off on petrol
  • Up to 10% off on travel bookings
  • Promotion: Up to S$160 of cash back welcome bonus or American Tourister Caravan 70cm TSA luggage + up to S$40 of cash rebate for new customers (up to S$90 for existing customers)

How does HSBC Revolution Card Compare Against Other Credit Cards?

To help you get an idea of how the HSBC Revolution Card performs against the competition, we provide the following side-by-side comparison of this card with other leading travel rewards credit cards.

A graph displaying how HSBC Revolution Card compares to other credit cards in Singapore in terms of their rewards
HSBC Revolution vs Other Cards by Dollar Value

HSBC Revolution vs Citi PremierMiles Visa Card

The Citi PremierMiles Visa Card is another one of our favorite travel cards for the average consumer. Similarly to the HSBC Revolution, the Citi PremierMiles Visa Card also helps you save on petrol, offering up to 14% off at Shell and Esso. It differs from the HSBC Revolution in that it offers a flat 1.2 miles for every S$1 spent locally, and 2 miles for every S$1 spent overseas, overall providing more versatility than the HSBC Revolution at the cost of fewer miles awarded in the categories of dining, entertainment and online spending (shopping or travel bookings). This may make it a more appropriate card for the consumer whose spending patterns are distributed more evenly over a broader array of areas or who may spend relatively less on the aforementioned three categories that the HSBC Revolution rewards in particular. Individuals interested in spending while traveling abroad will also get value out of this card.

In contrast to the HSBC Revolution, the Citi PremierMiles Visa Card may be slightly less affordable, with an annual fee of S$192.6 that is not waivable. Consumers looking to avoid paying annual fees may want to take this into account when deciding which air miles card best suits their lifestyle. On the other hand, individuals less sensitive to annual fees and whose budget accommodates an expenditure of at least $10,000 over the first three months might find cause to rejoice: The Citi PremierMiles Visa Card provides complimentary travel insurance and awards customers who pay the annual fee of $192.6 and spend S$10,000 in the first three months with up to 40,000 bonus miles.

Overall, we have determined the Citi PremierMiles Visa Card to be highly comparable to the HSBC Revolution, with a 2-year value of S$2,020 as compared to the HSBC Revolution's S$1,990. Your particular lifestyle and spending habits will dictate which of these two cards might be of greater value for you.

HSBC Revolution vs OCBC Titanium MasterCard Credit Card

The OCBC Titanium MasterCard Credit Card is another terrific air miles credit card that particularly rewards frequent shoppers and is also highly affordable. It awards 4 miles for every S$1 spent on shopping (online, offline and overseas), and 0.4 miles for every S$1 spent on everything else. This stands in contrast to the HSBC Revolution, which awards 2 miles for every S$1 spent on dining, entertainment and online shopping or travel booking, and 0.4 miles for every S$1 spent otherwise. Therefore, those consumers whose spending habits tend to fall more heavily in the category of shopping online or offline as opposed to dining and entertainment may find greater value in the OCBC Titanium MasterCard Credit Card.

Like the HSBC Revolution, the OCBC Titanium MasterCard Credit Card waives its annual fee of S$192.6 for the first two years. It also waives the annual fee in subsequent years as long as you spend at least S$10,000 annually, a lower bar to reach than the HSBC Revolution's S$12,500. It also helps you save on petrol by offering a 14% discount at Caltex and Esso.

HSBC Revolution vs Maybank Horizon Visa Signature Card

The Maybank Horizon Visa Signature Card is a great alternative miles credit card for people with a modest budget who are looking to earn high rewards on their spending on petrol, dining, hotel and travel bookings and overseas expenditures. It awards 3.2 miles for every S$1 spent on dining and petrol, which is a great deal. The HSBC Revolution, in contrast, awards only 2 miles for every S$1 spent on dining, entertainment and online. With the Maybank Horizon Visa Signature Card, you can also earn 2 to 3.2 miles per dollar on your travel bookings and on your overseas expenditures. It also provides the perks of complimentary VIP airport lounge access, complimentary travel insurance and a foreign transaction fee of only 1% (one of the lowest in the country), which frequent travelers may appreciate.

Cardholders of the Maybank Horizon Visa Signature Card can waive the annual fee of S$180 if they spend at least S$18,000 annually. This is a higher bar to reach than the HSBC Revolution, which requires only an annual spend of S$12,500 to waive the annual fee after the first two years which are free. Individuals who do not anticipate spending at least S$18,000 per year and are looking to avoid paying annual fees might be more sensitive to the cost of the Maybank Horizon Visa Signature Card.

Overall, consumers with a moderate budget who want to get the maximum bang for their buck for their spending on dining, petrol and while overseas, and who spend relatively less of their budgets on entertainment and online spending (shopping and travel booking), might find the Maybank Horizon Visa Signature Card to be a better fit. Foodies and frequent travelers will appreciate what this alternative to the HSBC Revolution has to offer.

HSBC Revolution vs DBS Altitude Visa Card

The DBS Altitude Visa Card may be a good alternative to the HSBC Revolution particularly for frequent travelers and consumers who want to earn rewards on everything they spend while at home and abroad. The DBS Altitude Visa Card awards 1.2 miles for every S$1 of local expenditure and 2 miles for every S$1 of overseas expenditure. Even better, it awards 3 miles for every S$1 spent on online travel bookings, provides complimentary travel insurance, access to 2 airport lounges per year, and DBS Altitude Butler service, making this a great card for frequent flyers.

The DBS Altitude Visa Card has an annual fee of S$192.6, which can be waived if you spend at least S$25,000 a year, or about S$2,100 a month - twice as much as you need to spend to waive the annual fee with the HSBC Revolution. This make the DBS Altitude Card a better choice if you don't mind paying the annual fee, or if your budget accommodates a moderately higher level of spending. If you are this kind of consumer, this could be a great card for you, because as long as you spend S$25,000 a year or pay the annual fee, you receive 10,000 bonus miles! And the miles you earn with the DBS Altitude Visa Card never expire.

The DBS Altitude Visa Card is an alternative to the HSBC Revolution tailored for the traveler who wants to maximize miles rewards earned from his or her trips for a relatively low cost.

*ValuePenguin calculates the dollar value of rewards based on S$2,000 of monthly spending. We sum the value of points, miles and cashback in dollar terms and subtract the annual fee over a 24-month period. The estimates here are ValuePenguin's alone, and have not been reviewed, approved or otherwise endorsed by the credit card issuer.

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