HSBC Fortune Draw: Get S$300 cash with new HSBC credit card, plus S$18K prize pool

Expired

From now till 31 January, sign up for a HSBC credit card and get S$300 cash, plus the chance to win big prizes in the HSBC Fortune Lucky Draw.

If you’ve been waiting for an opportunity to apply for the excellent HSBC Revolution Card (as highly recommended in my 2023 Credit Card Strategy), or any other HSBC credit card for that matter, here’s a great chance to hop onboard. 

For the month of January 2023, SingSaver is offering S$300 cash and other gifts for successful HSBC applicants. On top of this, there’s also a chance to win big prizes in the HSBC Fortune Lucky Draw including Nintendo Switch consoles, Dyson Airwraps, and Apple iPads.

How it works

This offer is only valid for new-to-bank applicants, defined as those who do not currently hold a principal HSBC credit card, and have not cancelled one in the past 12 months.

New-to-bank applicants for any of the following cards will be eligible for a guaranteed gift, as well as lucky draw chances.

CardIncome Req.Annual Fee
HSBC Revolution
Apply
S$30KFree for life
HSBC Visa Platinum
Apply
S$30KS$192.60
(2 years free)
HSBC Advance
Apply
S$30KS$192.60
(1 year free)

Guaranteed gift

From 4-31 January 2023, customers who apply for eligible HSBC credit cards will receive one of the following gifts:

  • Ergotune Classic (worth S$399)
  • Sony Linkbuds WF-L900 + S$100 cash (worth S$369)
  • S$300 Cash via PayNow

They must clock a minimum spend of S$800 on either the physical or digital version of the card by the end of the following calendar month after card account opening date. For example, a card opened on 15 January 2023 will have a qualifying spending period up till 28 February 2023. 

They must also provide consent to receive marketing and promotional materials from HSBC at the time of submitting their application, and have not revoked this consent at the time of gift fulfilment.

Lucky draw

In addition to the guaranteed gifts, applicants can earn lucky draw chances to their share of the following S$18,000 prize pool: 

  • 1x PlayStation 5 Disc Version (worth S$799)
  • 1x Xiaomi TV P1E 65″ (worth S$1,299)
  • 3x Apple iPad 10.9″ (10th Generation) (worth S$679)
  • 5x Dyson Airwrap Gen 1 (worth S$849)
  • 20x Nintendo Switch (worth S$469)

Applying for an eligible HSBC credit card and clocking the S$800 minimum spend by the end of the following calendar month after card account opening date will earn 15X lucky draw chances per approved card.

An additional 5X chances will be awarded for every S$200 in qualifying spend on top of the S$800 minimum spend, which must be made by 31 March 2023. For example, a cardholder who spends S$1,000 would earn a total of 20X chances (15X for application and meeting S$800 minimum spend, 5X for further S$200 spend). 

A further 5X chances can be earned by opening a HSBC Everyday Global Account by 14 February 2023, and a further 10X chances can be earned by opening a HSBC Investment Account and performing a minimum of one trade by 28 February 2023.

The maximum number of chances an individual can receive is capped at 80X. 

Application Steps

  1. Apply through any of the links in this article
  2. You will be directed to a SingSaver landing page. Enter your email address and click “confirm”
  3. Complete your application and take a screenshot of the confirmation page for your own records.
  4. Fill in the SingSaver rewards form that will be sent to your email. HSBC does not provide an application reference number, so enter the last 4 digits of your mobile number which you used in the HSBC application form. You’ll be able to indicate your choice of gift in the rewards form if applicable. 

Qualifying Spend 

The approved card must be activated and a minimum qualifying spend of S$800 made by 28 February 2023.

“Qualifying Spend” refers to any retail transactions (including internet purchases) excluding the following: 

  • Foreign exchange transactions (including but not limited to Forex.com);
  • 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 skrill.com, 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 (Electric, Gas, Water, and Sanitary);
  • 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;
  • And such other categories of transactions which HSBC may exclude from time to time.

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.

Gift Fulfillment

Guaranteed gift

All gifts will be fulfilled within four months of approval. You will not receive your gift immediately upon meeting the minimum spend- the reason for the delay is the need to confirm eligibility with the bank. Please take note of this timeline before applying, and only apply if you’re willing to wait. 

Any enquiries about gift fulfillment should be sent to [email protected]

Lucky draw

A total of 31 winners will be chosen and announced on this page by 3 May 2023. 

Any enquiries about the lucky draw should be sent to [email protected]

Terms & Conditions

The full T&Cs for this offer can be found here.

Conclusion

HSBC Revolution
Apply here
Review

SingSaver has brought back its sign up offers for HSBC cards, with S$300 cash gifts and a shot at an S$18,000 prize pool on offer. 

This would be a perfect opportunity to get the HSBC Revolution and start earning 4 mpd on a wide range of categories including travel, shopping, groceries, dining, and transport. There’s no annual fee, and you get a free Entertainer subscription on top of all that.

If you’re struggling to meet the S$800 minimum spend, don’t forget that even grocery vouchers will count, and you’ll earn 4 mpd on them too. 

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

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Jyy

What should I put as promo code in the singsaver form? Thanks!

Jyy

thanks!!!

Jierick

How unfortunate, I just applied and got my card approved on 29 Dec 2022. So I’m no longer eligible, correct?

Last edited 1 year ago by Jierick
Hailey

Is the spending period only for the month of February or from whenever it is approved in january (if it is approved to january) till end of february. Thanks

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