The HSBC Premier Mastercard has cut its welcome bonus from 106,200 miles to 58,200 miles, but it's still available to existing cardholders, with a waivable annual fee.
A generous welcome bonus, 4x unlimited lounge passes and an annual fee waiver make the HSBC Premier Mastercard almost too good to be true- provided you know how to put the $200K deposit to work.
From 1 November 2025, the HSBC Everyday Global Account will no longer offer 0.5% cashback on GIRO bill payments, calling time on an incredibly lucrative promotion.
Want to get a HSBC credit card? You'll soon need a minimum income of S$65,000 p.a., more than double the existing requirement- unless you're willing to park S$50,000 with the bank.