Credit cards in Singapore in 2019!

APR

Effective Rate: 25% p.a. (minimum)

Requirements

All applicants must be at least 21 years of age;

For Singaporeans and Permanent Residents, a minimum annual income of S$30,000 is required;

For foreigners, a minimum annual income of S$40,000 is required;

If you do not meet the above income requirements, a minimum Fixed Deposit Collateral of S$10,000 is required.

Required documents

For salaried employees for Singaporeans/PRs:

A photocopy of the front and back of your National Registration Identity Card (NRIC); and Income document(s):

A copy of your eCPF statement contribution submitted online (Note that a SingPass login is required); OR

Latest 3 months' computerised payslip; OR

Latest Notice of Assessment with latest 1 month's computerised payslip;

For self-employed and commission-based earners for Singaporeans/PRs:

A photocopy of the front and back of your NRIC; and

Last 2 years' Notice of Assessment;

For foreigners:

A photocopy of the front and back of your passport; and

A photocopy of the front and back of your employment pass with at least six month's validity at the time of application; and

Latest 3 months' computerised payslips OR latest Notice of Assessment with latest 1 month's computerised payslip.

Registration number

201420624K

Important

Annual Fee
Annual fee is waived for the first two years from the date the HSBC Revolution credit card is issued. To qualify for the subsequent annual fee waiver, a minimum annual spending of S$12,500 must be made on your respective credit card account.
Credit limit
The credit limit will be subject to the Bank's review and approval. For individuals with annual income between S$30,000 and S$120,000, your aggregate credit limit with HSBC for all unsecured facilities will be capped at four times your monthly income as indicated in the income documents that you submit.
Finance charge
Minimum Charge: S$2.50.
Minimum payment
The minimum payment is 3% of your outstanding balance or S$50, whichever is greater.

Benefits

5x Rewards on local dining transactions. Includes restaurants, cafes and fast food outlets. Excludes dining merchants within hotels.

5x Rewards on online purchases. Includes airlines, movies, concert tickets, hotels, taxi bookings, food orders, insurance premiums and online shopping. Excludes brokerages/securities and money payment/transfer websites.

5x Rewards on local entertainment transactions. Includes clubs, pubs, bars and family KTVs. Excludes entertainment merchants within hotels.

1x Rewards on all other purchases.

No minimum spend required.

Rewards points can be translated into free flights with frequent flyer programmes. Every 5,000 Rewards points can be exchanged for 2,000 miles.

Card Balance Conversion Plan.

One-time promotional rate of 1.68% p.a. for 6 months on cards balance transfer.

Get up to S$250 worth of cash rebate when you refer your family and friends to HSBC Credit Cards.

and more.

Office hours

Mon - Fri 9:30am - 5:00pm
Sat 9:30am - 12:00pm

Additional information

Phone: 1800-HSBC NOW (4722 669)
Email: direct@hsbc.com.sg