The vast majority of cashback playing cards require shoppers to decide on between a low cashback charge (1+%) with few spending restrictions OR get the next cashback charge (8-10%) on chosen buy classes however with a most cap per class. Too complicated? Those that have difficulties assembly a minimal spend every month or discover it an excessive amount of of a trouble to trace their spending classes usually resign themselves to incomes a decrease charge as a substitute, however the factor is, you don’t need to.
Introducing the HSBC Advance Credit score Card. Whereas it isn’t usually talked about, this quiet contender presents mixture of each worlds, making it appropriate for:
- Younger working adults
- Wedding ceremony / new home / family spending
- Busy of us who want to earn greater than 1+% cashback with out having to trace too many issues (or playing cards)
Card Advantages
In abstract, the HSBC Advance Credit score Card is a good alternative for those who’re seeking to maximise cashback with minimal upkeep or monitoring.
That’s as a result of there’s no minimal spend required so that you can clock every month, and you don’t want to watch which classes you’re spending on. You may merely use it for:
- Retail purchases (regionally or abroad)
- On-line transactions
These just about describes nearly each class of spend that almost all of us already make, and are sufficient to qualify as much as a reasonably simple 1.5% to 2.5% cashback.
| Month-to-month spend in your HSBC Advance Credit score Card | Base Cashback |
| SGD 2,000 and under | 1.5% cashback |
| Above SGD 2,000 | 2.5% cashback |
Word that the bottom cashback is capped at SGD 70 per calendar month.
However why cease there, when you possibly can add one other 1% cashback?
Merely open a HSBC On a regular basis World Account on the similar time, as a result of doing so offers you an further 1% cashback – making it properly price your effort!
Right here’s how:
- Merely deposit SGD 2,000 in recent funds to your HSBC On a regular basis World Account
- Make 5 eligible transactions with any HSBC bank cards and/or fund transfers from HSBC On a regular basis World Account to a non-HSBC account
While you mix that, your HSBC Advance Credit score Card will now get you as much as 3.5% cashback. This additionally raises your most cashback cap from SGD 70 to SGD 370.
You may stand up to SGD 370 cashback while you mix your HSBC Advance Credit score Card (max. cashback SGD 70) with HSBC On a regular basis+ (max. SGD 300 cashback).
Contemplating how the HSBC Advance Credit score Card is a lot much less of a trouble than another playing cards (the place you’ve got to remember the utmost cashback cap per class AND an general most cashback), it’s a card you in all probability wish to have helpful.
Different Perks
The opposite 2 massive perks of being a HSBC credit score cardholder is that you just get to:
- Buy HSBC’s Film Card from Golden Village
- Entry to 1-for-1 offers on the ENTERTAINER with HSBC
For those who’re a film buff like me, the HSBC Film Card is a good way to save lots of between SGD 20 – SGD 40 in your common cinematic indulgence. The Weekdays Film Card at simply SGD 80 means every weekday present will solely value you SGD 8, or it can save you extra with an All-Days Film Card at SGD 105 which supplies you SGD 10.50 exhibits even on weekends!
FYI, weekday tickets usually priced at SGD 10 whereas weekend tickets are priced at SGD 14.50.
Psst, for those who don’t want to buy many tickets directly, merely use your HSBC bank card to get SGD 2 off Golden Village film tickets (together with Gold Class) legitimate on daily basis while you buy on-line/ by way of the iGV app/ on the Automated Ticketing Machines.
I’ve shared in regards to the ENTERTAINER app earlier than, however being a HSBC credit score cardholder means you don’t need to pay something further for a subscription, and might entry over 1,000 1-for-1 presents throughout eating, providers and leisure. On this means, you possibly can take pleasure in and save at varied established F&B retailers resembling Paul Bakery, The Espresso Lecturers, Bangkok Jam and plenty of extra.
Can I exploit the HSBC Advance Credit score Card for my life’s milestones?
In case you have giant bills developing since you’re planning to your marriage ceremony, a house renovation or just a household trip overseas, the cardboard is an efficient technique to earn some cashback in your {dollars}.
Notably for those who’re getting married; this card is a must have in order that you possibly can earn as much as 3.5% cashback in your wedding-related bills, most of which is able to seemingly fall both into retail purchases (e.g. resort banquets, bridal store) or on-line transactions (e.g. make-up providers, images). However do pay attention to the max. cap you will get, and time your bills every month if you must so you possibly can maximize your rebates.
Or, for those who’re within the midst of renovating your house, you’d wish to be sure to use the HSBC Advance Credit score Card to pay to your furnishings, home equipment and/or tech devices so that you stand up to three.5% when you’re at it.
Travelling quickly? For {couples} or households who’re reserving your holidays, be aware that everytime you cost your air ticket to your HSBC Advance Credit score Card, you obtain complimentary journey insurance coverage protection of as much as SGD 500K in opposition to flight inconvenience and private accident, for you and your loved ones. That may simply prevent a couple of hundred {dollars} of insurance coverage premiums!.
Exclusions
In fact, as with most bank cards, the everyday exclusions apply, resembling money advances / stability transfers / financial institution charges and costs / installment cost plans / brokerage or securities funds / AXS or ATM transactions / pre-paid card top-ups / EZ-Hyperlink / NETS Flashpay / donations.
For the complete record, chances are you’ll discuss with the T&Cs right here.
Verdict
The HSBC Advance Credit score Card doesn’t get a variety of publicity, however you must critically contemplate getting one particularly for those who’ve gotten bored with having to trace your bank card spending.
Briefly, all you must do to simply earn as much as 3.5% of cashback every month is to:
- Spend on retail / on-line along with your HSBC Advance Credit score Card for as much as 2.5% cashback
- Open an HSBC On a regular basis World Account – will get you an extra 1% cashback while you fulfill the two simple standards talked about above
That’s all it takes.
Join an HSBC Advance Credit score Card and obtain a Samsonite Status 69cm Spinner Exp with built-in scale price SGD 670 (Color: Wine Crimson or Latte) or SGD 200 cashback. Promotion is just legitimate from 17-June to 31-December 2022. Plus, stand up to SGD150 cashback while you apply for supplementary playing cards. Promotion is just legitimate from 1 Might 2022 to 31 December 2022. Apply now right here. *T&Cs apply.
