|This offer has been extended till
From 8-22 March 2021, SingSaver is running a great deal on selected HSBC credit cards. New-to-bank customers will get S$300 cash or a Dyson Cool AM07 Tower Fan (worth S$499) upon approval, with a min. spend of S$500.
For perspective, this is 50% more cash than the existing S$200 cashback offer available to the general public.
|⚠️ 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|
Existing HSBC customers will get S$60 cashback with a min. spend of S$500.
How it works
Applications through any of the links in this article will be eligible for the offer. The HSBC Revolution is the obvious card of choice for miles collectors, but you could also apply for the HSBC Advance or HSBC Visa Platinum if you were so inclined.
|Income Req.||Annual Fee|
(first year free)
|HSBC Visa Platinum
(first two years free)
|Note: After entering your email, you will be redirected to a landing page that shows the regular offer of S$200 cashback with S$500. Ignore this- provided you sign up via the links in this post, you will get S$300 cash from SingSaver (as per these T&Cs)|
You must to fill in the SingSaver rewards form that will be sent to your email. It’s vital you do this- no form, no reward. FYI, no reference number will be given for HSBC cards; you just need to input the name of the product you applied for
All cards must be activated, and you must spend S$500 on eligible purchases by the end of the following calendar month. For example, if you apply on 9 March and get approved on 10 March, you will have till 30 April to meet the minimum spend.
Gifts will take up to four months to be fulfilled- the reason for the lead time is the need to verify eligibility with HSBC.
What spending is excluded?
The easiest way to hit your S$500 minimum spend is to go out and shop at a supermarket. Since you’ll earn 4 mpd here (see next section), there really is no opportunity cost involved in using the HSBC Revolution; in fact, it’s the card I’d use by default here anyway.
Do note that your transactions must post by the end of the qualifying period. It can take anywhere from 1-3 days from the date of the transaction for it to post to your account, so don’t leave your spending till the last moment.
The minimum spend of S$500 does not include the following:
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.
What should I use the HSBC Revolution for?
HSBC Revolution cardholders will earn an additional 9 HSBC Points for every S$1 spent on selected online and contactless transactions, whether in local currency or FCY. That’s a total earn rate of 10 HSBC Points per S$1 spent, or 4 mpd.
The following MCCs are eligible for bonus points:
|Airlines, Car Rental, Lodging, Cruise Lines and Travel Agencies||3000 to 3350, 3351 to 3500, 3501 to 3999, 4411, 4511, 4722, 7011|
|Department Stores and 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|
|Supermarkets, Dining and Food Delivery||5411, 5441, 5462, 5499, 5811, 5812, 5813, 5814|
|Transportation and Membership Clubs||4121, 7997|
For those of you who don’t speak MCC, this includes transactions at:
- Airlines, Car Rental, Lodging, Cruise Lines and Travel Agencies: Singapore Airlines, Scoot, Cathay Pacific, Emirates, or any other airline, Hilton, Hyatt, Marriott, or any other hotel
- Department and Retail Stores: Amazon, Book Depository, Courts, Harvey Norman, Lazada, Qoo10, Shopee, Taobao
- Supermarkets, Dining and Food Delivery: Cold Storage, Deliveroo, FairPrice ON, foodpanda, GrabFood, WhyQ, most restaurants, cafes, fast food outlets
- Transportation and Membership Clubs: Comfort, Grab (excluding GrabPay top-ups), gojek, Fitness First
The list above is far from comprehensive. If you’re curious about which merchants fall under what MCC, you can always use the Visa Supplier Locator.
The 4 mpd is capped at a maximum of S$1,000 per calendar month.
This is currently the best offer on the market for the HSBC Revolution, certainly more generous than going directly via the HSBC website. Be sure to look out for the SingSaver rewards form, and submit it ASAP.