If you’re looking for a credit card that offers a range of benefits and rewards, the HSBC Visa Platinum Credit Card is worth considering. This card is designed with families in mind and offers a wide range of cashback rewards on everyday spending, including groceries, petrol, and dining. Additionally, it comes with a range of additional benefits and services that can help you save money and make your life easier.
One of the key features of the HSBC Visa Platinum Credit Card is its rewards programme. Cardholders can earn up to 5% cashback on local dining and groceries, as well as up to 5% cashback on petrol purchases. There are also additional rewards available for online shopping, travel, and entertainment. If you’re looking for a credit card that can help you save money on your everyday expenses, the HSBC Visa Platinum Credit Card is definitely worth considering.
Overall, the HSBC Visa Platinum Credit Card is a great choice for anyone looking for a credit card that offers a range of rewards and benefits. With its generous cashback rewards programme, low annual fee, and additional benefits and services, it’s definitely one of the best credit cards available in Singapore today. If you’re interested in applying for this card, be sure to check your eligibility and fees before you apply.
Key Takeaways
- The HSBC Visa Platinum Credit Card is a great choice for anyone looking for a credit card that offers a range of rewards and benefits.
- The card offers up to 5% cashback on local dining and groceries, as well as up to 5% cashback on petrol purchases.
- In addition to its rewards programme, the HSBC Visa Platinum Credit Card also offers a range of additional benefits and services that can help you save money and make your life easier.
Key Features of HSBC Visa Platinum Credit Card
If you’re looking for a credit card that offers a range of benefits and perks, the HSBC Visa Platinum Credit Card might just be the one for you. Here are some of the key features that make this card stand out:
Cashback and Rebates
With the HSBC Visa Platinum Credit Card, you can earn cash rebates of up to SGD1,000 each year. The cash rebates are available on a wide range of purchases, including groceries, dining, and petrol. You can earn 5% cashback on dining, groceries, and petrol, with a cap of SGD250 per quarter.
Dining and Lifestyle Benefits
The HSBC Visa Platinum Credit Card offers a range of dining and lifestyle benefits that are sure to appeal to foodies and entertainment enthusiasts. For example, you can enjoy up to 50% off dining at selected restaurants with the Entertainer with HSBC app. You can also enjoy discounted rates on travel packages and hotel bookings.
Fuel Savings with Caltex and Shell
If you’re a driver, you’ll be pleased to know that the HSBC Visa Platinum Credit Card offers fuel savings at Caltex and Shell petrol stations. You can earn up to 17% instant discount plus 5% cash rebate on fuel spending at these stations.
Family-Oriented Perks
The HSBC Visa Platinum Credit Card is designed with families in mind. You can get cashback per supplementary card, which is great if you have more family members eligible for supplementary cards. Additionally, you can enjoy a two-year annual fee waiver and automatic fee waiver with S$12,500 spend yearly.
Overall, the HSBC Visa Platinum Credit Card is an exciting option for those looking for a credit card that offers a range of benefits and perks. With cashback and rebates, dining and lifestyle benefits, fuel savings, and family-oriented perks, there’s something for everyone.
Eligibility and Fees
If you are looking for a credit card that offers a range of benefits and rewards, the HSBC Visa Platinum Card might be the perfect fit for you. Here are some details about the eligibility and fees for this card.
Income and Age Requirements
To be eligible for the HSBC Visa Platinum Card, you must be at least 21 years old and earn a minimum annual income of SGD 30,000. If you are a foreigner, you must earn a minimum annual income of SGD 40,000.
Annual Fees and Waivers
The HSBC Visa Platinum Card comes with an annual fee of SGD 192.60, which is waived for the first two years. Additionally, the annual fee is waived for the subsequent years if you spend at least SGD 12,500 annually on your card.
Supplementary Cards
If you want to share the benefits of your HSBC Visa Platinum Card with your loved ones, you can apply for supplementary cards for your family members. The first two supplementary cards are free, and subsequent cards come with an annual fee of SGD 96.30 each.
Overall, the HSBC Visa Platinum Card is a great option for those who are looking for a credit card with no annual fee and a range of benefits and rewards. With cash rebates of up to SGD 1,000 each year, this card can help you save money on your daily expenses. Plus, with the waived annual fee for the first two years and subsequent years, you can enjoy the benefits of this card without worrying about the cost.
Rewards Programme
If you’re looking for a credit card that rewards you for your spending, the HSBC Visa Platinum Credit Card has a rewards programme that is worth considering. With this card, you can earn reward points that can be redeemed for a variety of items including cashback, vouchers, and air miles.
Earning Reward Points
When you use your HSBC Visa Platinum Credit Card for eligible purchases, you can earn reward points. For every S$1 spent on eligible transactions, you will earn 1 reward point. You can earn additional reward points when you spend on dining, movies, and groceries. For example, you can earn 10% cashback on dining and movies and 5% cashback on groceries when you spend with this card.
Miles Conversion
If you’re a frequent flyer, you may be interested in converting your reward points to air miles. With the HSBC Visa Platinum Credit Card, you can convert your reward points to air miles with participating airlines. For example, you can convert 25,000 reward points to 10,000 air miles with participating airlines.
In addition to the rewards programme, the HSBC Visa Platinum Credit Card also offers the HSBC Everyday+ Rewards Programme. This programme allows you to earn an extra 1% cashback on your credit card spending when you save and deposit fresh funds of minimum SGD2,000 (or SGD5,000 for HSBC Premier customers) into your HSBC Everyday Global Account each calendar month.
Overall, the rewards programme of the HSBC Visa Platinum Credit Card offers a variety of options for you to redeem your reward points. Whether you prefer cashback, vouchers, or air miles, this card has something for everyone.
Additional Benefits and Services
As an HSBC Visa Platinum Credit Cardholder, you are entitled to a range of additional benefits and services that make your experience even more exciting. Here are some of the benefits and services you can enjoy:
Travel Privileges
Are you a frequent traveller? Then you will love the travel privileges that come with your HSBC Visa Platinum Credit Card. You can enjoy up to 12% off your hotel bookings at over 300,000 hotels worldwide when you book through Agoda. Additionally, you can get up to 10% off your car rentals when you book through Rentalcars.com.
If you love to travel in style, you can enjoy exclusive airport lounge access at over 1,000 lounges worldwide with your HSBC Visa Platinum Credit Card. Simply present your card to gain access to the lounge and enjoy complimentary refreshments, newspapers, and Wi-Fi.
Exclusive Offers for Cardholders
As an HSBC Visa Platinum Credit Cardholder, you can enjoy exclusive offers on dining, shopping, and entertainment. For example, you can get up to 50% off your dining bills at over 1,000 restaurants in Singapore. You can also enjoy discounts on shopping and entertainment at selected merchants.
If you love to shop online, you can enjoy exclusive offers on Lazada, Shopee, and Qoo10 when you pay with your HSBC Visa Platinum Credit Card. You can also enjoy 5% cashback on your online purchases when you use your card with the HSBC Everyday+ app.
In addition to these benefits, you can also enjoy a range of other services, including 24-hour customer service, worldwide emergency assistance, and fraud protection. With all these benefits and services, your HSBC Visa Platinum Credit Card is the perfect companion for your lifestyle.
Comparing HSBC Visa Platinum with Other Cards
If you are looking for a credit card in Singapore, you have many options to choose from. But how do you know which one is right for you? In this section, we will compare the HSBC Visa Platinum credit card with two other popular cards in Singapore: the Citi Cash Back Card and the UOB One Card.
HSBC Visa Platinum vs Citi Cash Back Card
The Citi Cash Back Card is a popular choice for those who want to earn cashback on their purchases. With this card, you can earn up to 8% cashback on your groceries and dining expenses, 6% cashback on your petrol expenses, and 0.25% cashback on all other expenses.
However, the HSBC Visa Platinum credit card offers a higher cashback rate of up to 5% on family expenses, which includes groceries, dining, and petrol. Additionally, you can earn up to 1% cashback on all other expenses. The HSBC Visa Platinum credit card also has no annual fee, making it a more cost-effective option.
HSBC Visa Platinum vs UOB One Card
The UOB One Card is another popular choice for those who want to earn cashback on their purchases. With this card, you can earn up to 5% cashback on your purchases, but you need to spend at least $2,000 per month for three consecutive months to qualify for the cashback.
In comparison, the HSBC Visa Platinum credit card offers up to 5% cashback on family expenses, which includes groceries, dining, and petrol, without any minimum spending requirement. The HSBC Visa Platinum credit card also offers up to 1% cashback on all other expenses.
In conclusion, while the Citi Cash Back Card and UOB One Card offer attractive cashback rates, the HSBC Visa Platinum credit card is a great option for those who want to earn cashback on their family expenses without any minimum spending requirement. Additionally, the HSBC Visa Platinum credit card has no annual fee, making it a more cost-effective option.
Frequently Asked Questions
What smashing benefits can I expect from the HSBC Visa Platinum Credit Card in terms of cashback?
With the HSBC Visa Platinum Credit Card, you can enjoy up to 5% cashback on your daily expenses. This includes 5% cashback on dining, petrol at Caltex and Shell, and supermarket spend (retail and online). You can also earn one Reward Point per dollar spent on principal or supplementary cards on top of the cashback. The monthly cashback cap is S$250 per quarter (S$83.33 per month), and you can earn up to S$600 for every month in a quarter.
How can I apply for an HSBC Visa Platinum Credit Card and what are the requirements?
You can apply for an HSBC Visa Platinum Credit Card online, and the application process is simple and straightforward. To be eligible, you must be a Singapore citizen or permanent resident, aged 21 years and above, and have a minimum annual income of S$30,000 for Singaporeans and S$40,000 for foreigners. You will also need to submit the required documents, such as your NRIC, income documents, and proof of address.
Are there any exclusive promotions linked to the HSBC Platinum Credit Card that I should be aware of?
Yes, there are several exclusive promotions that you can enjoy with the HSBC Visa Platinum Credit Card. For example, you can get up to 50% off your dining bills at selected restaurants, and enjoy exclusive deals on travel, shopping, and entertainment. You can also access the ENTERTAINER app via HSBC app, which offers buy-one-get-one-free deals on dining, entertainment, and lifestyle activities.
Can expats enjoy the perks of an HSBC Visa Platinum Credit Card in Singapore?
Yes, expats can apply for and enjoy the benefits of an HSBC Visa Platinum Credit Card in Singapore, as long as they meet the eligibility criteria and submit the required documents. However, the minimum annual income requirement for foreigners is S$40,000, which is higher than the requirement for Singaporeans.
Does the HSBC Visa Platinum Credit Card offer any lounge access for a more luxurious travel experience?
Unfortunately, the HSBC Visa Platinum Credit Card does not offer any lounge access for a more luxurious travel experience. However, you can enjoy other travel benefits, such as travel insurance coverage, discounted rates on car rentals, and exclusive travel deals.
In comparing cards, what advantages does the Visa Platinum have over other Visa cards?
Compared to other Visa cards, the HSBC Visa Platinum Credit Card offers higher cashback rates on dining, petrol, and supermarket spend. It also offers exclusive deals on dining, travel, shopping, and entertainment, and access to the ENTERTAINER app via HSBC app. Additionally, the card is now made from 85.5% recycled plastic, which is good for the planet and your wallet.
