HSBC Advance Credit Card — Up to 2.5% Flat Cashback
HSBC Advance Credit Card earns 1.5% flat on all eligible spend. Enter your monthly spending to see the projected annual cashback it earns for you. Rates as of 18 Jul 2026
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| Category | Effective rate | Cashback |
|---|---|---|
| All other categories (base rate) | 2.5% | S$53 |
| Monthly cashback | S$53 | |
| Annual cashback | S$630 | |
Spend S$500 to receive a Samsonite VOYA Spinner 68cm (worth S$680) or S$200 cashback. Spend another S$500 to receive an additional S$100 cashback — up to S$300 cashback total.
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Applicable to new HSBC cardholders only (must not hold any HSBC credit card). Must provide marketing consent in the application form and must not revoke consent at the time of gift fulfilment. Must not have cancelled an existing HSBC card within the last 12 months. Qualifying spend period: from card account opening date to the end of the following month. Spend at least S$500 in qualifying transactions to receive the Samsonite luggage or S$200 cashback; spend a further S$500 to receive an additional S$100 cashback.
The information above is a summary and may be incomplete or outdated. Always refer to HSBC's official terms and conditions for the authoritative version.
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Existing HSBC cardholders receive S$50 cashback when they provide marketing consent and spend at least S$500 with their new card. Their existing credit card must have been issued 12 months or earlier.
The information above is a summary and may be incomplete or outdated. Always refer to HSBC's official terms and conditions for the authoritative version.
Terms and conditionsopen_in_new
Applyopen_in_new- •1.5% base rate on all eligible spend
- S$2,000+/mo tier:
- •Base rate rises to 2.5%
- •Total monthly cashback capped at S$70
- •Annual fee: S$196.20 (First year waived. From the second year onwards, annual fee is waived if you spend more than S$12,500 per year.)
Crossing a monthly-spend threshold unlocks better rates — base and bonus categories can both shift.
- Complimentary Travel Insurance
Complimentary travel insurance coverage against flight inconvenience and personal accident of up to S$1 million for the cardholder and family, underwritten by MSIG Insurance (Singapore) Pte. Ltd. With effect from 1 September 2025, Full Travel Expenses includes accommodation and car rentals.
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Coverage is underwritten by MSIG Insurance (Singapore) Pte. Ltd. HSBC Bank (Singapore) Limited is not the underwriter nor the distributor for this insurance plan.
- Online Purchase Protection
Complimentary coverage for online purchase losses or damages.
- Visa Concierge
24/7 digital personal assistant and lifestyle guide providing access to extraordinary experiences through a curated range of services, amenities and exclusive privileges via the Visa Digital Concierge app.
- Visa Signature Privileges
Quick access to hundreds of exclusive deals, discounts and privileges via the Visa Digital Concierge app.
- Supplementary Cards
Up to 5 supplementary cards available, free to the primary cardholder and family for life.
- Annual fee
- S$196.20First year waived. From the second year onwards, annual fee is waived if you spend more than S$12,500 per year.
- Annual fee waiver
- S$12,500 annual spend
- Foreign currency transaction fee
- 3.25%
- Late payment fee
- S$100
- Purchase interest rate (p.a.)
- 27.8%
- Cash advance interest rate (p.a.)
- 28%
- Minimum payment
- 3% of outstanding balance or S$50, whichever is greater
- Interest-free period
- 20 days
- Min. income (Singapore Citizen / PR): S$30,000
- Min. income (Foreigner): S$65,000
- Minimum age: 21
Show eligibility detailsHide eligibility details
Minimum income varies by banking relationship. Existing HSBC customers with TRB ≥S$50,000: S$30,000 (salaried) or S$40,000 (self-employed/commission-based) for Singaporeans/PRs. All other applicants (including foreigners and new HSBC customers) require S$65,000. The bank may also consider overall financial standing, creditworthiness, and employment at its discretion.
- •The annual fee of S$196.20 is waived in the first year and from the second year onwards if annual spend exceeds S$12,500.
- •Cashback rate increases from 1.5% to 2.5% when monthly spend reaches S$2,000 or more.
- •Complimentary travel insurance covers flight inconvenience and personal accident up to S$1 million for the cardholder and family, underwritten by MSIG Insurance (Singapore) Pte. Ltd.
- •Up to 5 supplementary cards are available at no cost to the primary cardholder for life.
- •Complimentary online purchase protection covers losses or damages from online purchases.
- •Monthly cashback earnings are capped at a total of S$70 per month.
- •A broad range of transaction categories are excluded from cashback earning, including insurance payments, utilities, educational institutions, government services, and hotel dining.
- •The foreign transaction fee is 3.25% on all foreign currency transactions.
- •The minimum annual income requirement is S$65,000 for foreigners and for new HSBC customers, while existing HSBC customers with a Total Relationship Balance of at least S$50,000 may qualify at S$30,000 (salaried) or S$40,000 (self-employed/commission-based).
- •The interest-free period is only 20 days, and the purchase interest rate is 27.8% per annum.
What spend is excluded from cashback?
Spend in these categories does not earn the published cashback rates on the HSBC Advance Credit Card.
- •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 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 trading of securities, investments or crypto-currencies)
- •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)
- •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 (except 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
- •Monthly instalment amounts under all card instalment plans (including HSBC 0% Card Instalment Payment Plan, HSBC PayLater Instalment Plan and HSBC Spend Instalment)
- •Total purchase amount under HSBC 0% Instalment Payment Plan and HSBC PayLater Instalment Plan
- •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
- •Hotel dining
The information above is a summary and may be incomplete or outdated. Always refer to HSBC's official terms and conditions for the authoritative version.
About the HSBC Advance Credit Card
The HSBC Advance Credit Card is a tiered cashback card from HSBC. Base-tier earning is 1.5% on every eligible dollar. At the S$2,000/mo+ tier the base rate rises to 2.5%. Singapore cashback cards with spend tiers reward consistent monthly spending — falling short of a tier threshold drops earning back to the previous tier's rates for that statement cycle. The annual fee is S$196.20 (First year waived. From the second year onwards, annual fee is waived if you spend more than S$12,500 per year.). Terms and conditions apply.
Cashback breakdown
At the base tier, the HSBC Advance Credit Card earns 1.5% on every eligible dollar. From S$2,000/mo qualifying spend, the base rate rises to 2.5%. Total monthly cashback is capped at S$70.00, after which additional spend in the same statement month earns nothing.
Where this card earns the most
The HSBC Advance Credit Card is built for consolidated monthly spend — its bonus rates only activate once qualifying spend crosses a tier threshold. At its peak tier (S$2,000/mo+), the base rate rises to 2.5% on every eligible dollar. Below the lowest tier (S$2,000/mo), every eligible dollar earns the 1.5% base rate.
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Frequently asked questions
Is the HSBC Advance Credit Card worth it?
The HSBC Advance Credit Card earns 1.5% cashback on all eligible spend, rising to 2.5% once monthly spend reaches S$2,000, with a S$196.20 annual fee (waived above S$12,500 a year in spend). Bonus rates require at least S$2,000 in monthly spend and total cashback is capped at S$70 per month. Its value depends on your total monthly spend — project your cashback with the calculator above.
Who is the HSBC Advance Credit Card for?
The HSBC Advance Credit Card suits everyday spenders who want a uniform rate without tracking categories — it earns 1.5% on all eligible spend, rising to 2.5% once monthly spend reaches S$2,000.
How much cashback does the HSBC Advance Credit Card earn?
The HSBC Advance Credit Card has 2 earning tiers in total. At the base tier, every eligible dollar earns 1.5%. From S$2,000/mo qualifying spend, the base rate rises to 2.5%.
Is there a minimum monthly spend?
There's no single minimum spend — the HSBC Advance Credit Card upgrades its earning rates as your monthly spend crosses each tier threshold. At S$2,000/mo+ the base rate rises to 2.5%. Below the lowest tier, the card earns the base 1.5% rate.
What is the monthly cashback cap?
Total cashback on the HSBC Advance Credit Card is capped at S$70.00 per month. Once this cap is reached, additional eligible spend in the same month does not earn further cashback.
Can the annual fee be waived?
Yes. The S$196.20 annual fee is waived for cardholders who spend at least S$12,500.00 in a card year.
Does the HSBC Advance Credit Card charge foreign transaction fees?
Yes. The HSBC Advance Credit Card charges a 3.3% foreign-currency transaction fee on spend billed in a currency other than Singapore dollars. The fee is charged separately from the cashback you earn, so it applies whether or not the spend qualifies for a bonus rate. Terms and conditions apply.
Are these rates guaranteed?
No. Banks update cashback rates, category caps, and minimum-spend requirements regularly. The numbers on this page reflect rates verified as of 18 Jul 2026, not guarantees of future earnings. Terms and conditions apply.
Figures are estimates based on the spending you entered, assumed steady across the year, using standard Merchant Category Code (MCC) classifications and each issuer’s published rates. Monthly caps, annual fees and minimum-spend requirements are shown on every row and factored into the projections. Not modelled: promotional sign-up bonuses, merchant-specific exclusions, fee waivers beyond the first-year window shown, and future rate changes by issuers. First-year figures assume a new cardholder eligible for introductory rates; ongoing figures reflect post-introductory rates. Standard merchant coverage estimates are based on Singapore market share; you can adjust them in the settings above.
Actual earnings depend on your eligibility and each bank’s current terms, which may differ from the figures shown here — always verify with the issuer before applying.
HSBC governing terms: Official terms (PDF)