HSBC Revolution offering $150 cash or Samsonite luggage for new-to-bank customers

New-to-bank HSBC Revolution cardholders who spend at least $800 in the first 2 months get a cashback or luggage welcome gift- plus all that 4 mpd goodness.

The HSBC Revolution recently received a major facelift which saw it go from also-ran to wallet essential

HSBC Revolution
Income Req. Annual Fee
S$30,000 None
Apply here
Read the Full Review

The new-and-improved HSBC Revolution now offers 4 mpd on a wide range of bonus categories, including travel, shopping, dining, transport and more. There’s no more annual fee, and all cardmembers get a free copy of The Entertainer to boot. 

And if that wasn’t enough, HSBC has just extended the welcome gift offer for the HSBC Revolution to 31 December 2020. 

HSBC’s Welcome Gift Offer

From now till 31 December 2020, new-to-bank HSBC customers can choose between a Samsonite Prestige 69 cm luggage bag (worth S$670) or S$150 of cashback when they spend a minimum of S$800 during the qualifying spending period (see below).

New-to-bank customers are defined as those who do not currently hold a principal HSBC credit card, and have not in the last 12 months

Applicants will be prompted for their choice at the time of application. 

Existing HSBC customers are entitled to a welcome gift too, but it’s much more underwhelming- S$30 cashback with a minimum S$800 spend. 

The qualifying spending period depends on when your card was approved:

Card Opening Date Qualifying Spend Period Notification Date
1-30 Sep 2020 1 Sep- 31 Oct 2020 By 30 Nov 20
1- 31 Oct 2020 1 Oct – 30 Nov 2020 By 31 Dec 20
1-30 Nov 2020 1 Nov -31 Dec 2020 By 31 Jan 21
1-31 Dec 2020 1 Dec 2020- 31 Jan 2021 By 28 Feb 21
1-15 Jan 2021* 1 Jan -28 Feb 2021 By 31 Mar 21
*Why “1-15 January 2021” when the deadline is 31 December 2020? The latter refers to the application date, while the former refers to the card approval date

The mechanics mean that it’s always better to apply towards the start of the month, as it gives you up to two months to meet your qualifying spend. 

As an added bonus, all customers (whether new or existing) get S$30 of Lazada promo codes when they apply online with MyInfo via SingPass. No spending is required for this gift. 

What spending is excluded?

The minimum spend of S$800 does not include the following: 

  • Foreign exchange transactions (including but not limited to;
  • 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, 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 (including 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;
  • 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.

The key exclusions to note here are insurance, utilities, education, government transactions as well as CardUp/ipaymy. These were all excluded from 1 July 2020 onwards as part of HSBC’s revised rewards terms and conditions.

The full T&C of this offer can be found here


I recently updated my 2020 credit card strategy, and the HSBC Revolution plays a big part in my arsenal now.

What I particularly like is that it awards 4 mpd on both dining and hotels, which solves the age old question of “what card should I use to pay at hotel restaurants?” It’s also the most straightforward way of earning 4 mpd at Cold Storage (remember: UOB cards will only earn SMART$ here), and paying for staycations. 

All in all, it’s a great multi-role card, and one to add to your wallet. 

Aaron Wong
Aaron Wong
Aaron founded The Milelion to help people travel better for less and impress chiobu. He was 50% successful.

Similar Articles


Notify of

Inline Feedbacks
View all comments