HSBC Bank Singapore Rating & Review 2024

My family had a really fun time with the 10% off Siam Adventure Club Family Package Booking which came with breakfast for 2 adults and up to 2 kids with a Kids room setup in room and full access to kids activities. We even enjoyed daily evening drinks for whole family on selected menu from 5pm to 6pm.

Unfortunately, the HSBC advance card is not an unlimited cashback card as they have a cap on the cashback per month, even for advance banking clients. Furthermore, if you are not an advance banking client, you would not get subsequent card fee waiver if you do not get to spend at least $12,000 in a year.

I am a fresh graduate and just started my first job, I signed up for this card due to the onetime $150 cash back reward for $800 spend within the first two months. However for its main monthly rewards, it is nothing to be pleasant about and the hotline is very bad, I even had to hold more than 20 minutes during non-peak hour.

If you are like me an HSBC Premier client and also a frequent traveller that can maximize the number of priority pass visits, limo and meet-and-assist services as well as your supplementary cardholders too, then this is the card for you. The reduced general mile earn rate is worth the trade-off for the unlimited priority pass memberships, as well as the high number of limo and meet-and-assist services that you can use.

For me nothing beats the 5% year-round cash rebates on dining, groceries, petrol and transport (that is taxis, ride hailing, trains and buses inclusive), locally and overseas when you spend minimum S$600 per month. And the cash rebate is capped at S$150 per month. So if you don’t drive, not to worry as you can enjoy 5% cash rebate for your transportation needs, be it a taxi ride, a booking made via ride hailing apps, or trains/buses.

Must times majority of credit cards offer cashback on daily needs like transportation and food but they neglect other important necessity such as the common internet. Anyway the HSBC Visa Platinum credit card is such a rare card as it gives you 5% cashback on telco bills with a minimum spend of $400. In addition, it gives you modest rebates on groceries and petrol, so you can also use it as an all-purpose cashback card.

I love the features which allows a Spend of $400 a month to get 5% cashback on telco bills and 3% cashback on groceries and petrol. They also observe a low cashback cap of $60 per quarter that is $20 a month and one must spend the amount consecutively for 3 months in order to get the cashback or alternatively, spend $800 a month and get 5% on telco bills, groceries and petrol, capped at $120 per quarter.

I pretty much use this card only when I know that I will spend more than $2000 in a given month and these transaction does not earn more than 2.5% cash back in other card categories. I don't really fancy their internet banking layout as it doesn't seems very friendly to me. Therefore I always rely on the paper statement to make payment.

My experience with their customer service is not clement furthermore not getting back to me on the queries I had highlighted but overall, it’s my card of choice especially with the 1.5% cashback across all categories, which allows me to buy discounted Golden Village Tickets and have access to HSBC 1 to 1 Dining deals. Until another credit card offers a greater than 1.5% cashback across all categories without a time frame, this is the card I am sticking to now.

I am a low spender hence it may not be easy for me to clock $500 monthly expenditure on credit cards but this is actually a good cashback card at 2.5%, especially where you spend above $2,000. Otherwise, other cards will be a better alternative to this for smaller purchases. This is a good cashback credit card for those who have high spending amount every month. My father uses it to pay for insurance premium as it gives cashback for insurance premium too.

I only just recently purchased this card. There are a lot of rebates features that come with the card, some I am still getting familiar with which I can use to offset my next purchases. When I signed up for this card I got $100 vouchers for it. However there are yet still a lot of promotions going on for this card.

Funny enough, I signed up for this card a couple of years back in order to get a free Samsonite luggage after spending $5,000. I still use this card howbeit not as frequently as I used to previously. Essentially I use this card only when there's dining discounts or when I use it along with the free HSBC Entertainer App. The HSBC Entertainer App provides 1-for-1 deals.

While online expenditure and dining rebates are decent with this card, the card has been ousted by other credit cards. Aside from maybe the discounted Golden Village movie tickets they offer which in my honest opinion is far better than any other bank's credit cards or rebates. This card does not really have much to write home about.

The cash rebates for supermarket and dining have been outshined by other family oriented card. Presently, I don’t see a point to use this card frequently unless there’s a specific HSBC promotion with the retailer or airline. I use to hold this card but nothing fantastic and signed up due to bank promotions. Regretted it and hope my review will make others to think twice about the purschase.

I find this card to be a good miles-buying opportunity for 40,000 miles at S$488 for HSBC Premier Clients. The unlimited priority pass for both the principal and supplementary cardholder(s) makes this card worth the fee alone but provided of course that there are supplementary cardholders to share the benefits with and that it will be heavily utilized.

On my last overseas trip I discovered that the departure airport limo service offered by the card is a major plus point while the meet-and-assist can be helpful at overly crowded airports without Fast-Track/ABTC/Diplomatic lines. HSBC Premier Clients get to receive four of each benefit upon registration and an additional one of each service for every block of SGD 2,000 spent in a month, all up to 24 a year. Although the services can only be utilized by the principal cardholder only. This card is overshadowed by its poor mile earn rate of 1.0 mpd for local spend and 2.0 mpd for overseas spend, that is superseded by non-fee cards such as the PrviMiles.

To me the HSBC cards have only one good benefit in which they are able to purchase discounted Golden Village movie tickets at a rate that is far better than any other bank's credit cards or prevailing rebates. I find that this is the only plus point of this HSBC credit card and otherwise, this card is a hit and run for me and you can sign up for only its sign up gift and also for discounted Golden Village tickets.

This card offers the most of travel and lifestyle privileges extended to you with personalised assistance from their dedicated concierge service, who can actually be called upon anytime of the day and from wherever one may be. Whether it's making flight or hotel bookings, reserving spa appointments, or recommending dining options, they are always delighted to be at your service.

With this card the outstanding highlight will probably be that you can earn one Rewards point for every S$1 charged to your card. In addition, you can also enjoy the exclusive privilege to redeem more rewards with fewer points on selected rewards items. Plus the application process for this card was not stressful as is the case with other cards.

The HSBC Premier MasterCard offers a quick, convenient and fuss-free payment with your contactless-enabled HSBC Premier MasterCard credit card. You can with this feature simply tap and go in front of a secured reader at participating merchants to make payments but be aware that this is subject to applicable limits on the contactless payment amount.

If you ever are tired of worrying about your fare card balance at the gantries just like I used to do then this card is for you too. You can now beat the hustle and bustle of daily commute as you can now tap and go on buses and trains. This without a doubt makes your daily commute smoother and helps to ease and take away those worries behind.

With the Apple Pay feature of the HSBC Premier MasterCard making payments in stores, in apps and on the web with your iPhone, Apple Watch, iPad and Mac is now very easy with just a touch on it, secure and private as well. A unique transaction code is used for each purchase so your card details are never shared with any merchant or saved on your device

If you need to borrow a large amount but cannot afford a big monthly repayment, then you should give consideration to the HSBC Personal Loan. This HSBC personal loan offers the longest loan tenure of 7 years in Singapore which means you’ll be paying 7 years’ worth of interest. HSBC is also great for those who need cash urgently as you can get approval-in-principle within one minute and receive the money the next working day. Isn’t that just wonderful?

HSBC offers the lowest guaranteed flat and effective interest rates for debt consolidation loans in Singapore. Additionally, it is currently waiving its application fee for online applicants, which is normally S$88 or 1% of the loan amount. While other lenders advertise lower rates than HSBC, they use vague language such as "as low as" that indicates that borrowers may actually be offered substantially higher rates. For this reason, HSBC stands out as one of a few lenders that provides details regarding its interest rates. Additionally, it offers the lowest rates among banks that guarantee interest rates published online.

They allow eligibility for children aged 18 and below with a minimum initial deposit of S$1. With the HSBC Premier Lite Savings account as their first savings account, they will not only start saving early, but also receive a recognition card that offers worldwide emergency support wherever they may be. Apart from the exclusive HSBC Premier interest rates, you also have the convenience of accessing your account via the Global view facility, or through HSBC’s global ATM network and 24-hour Phone Banking Services.

This account is only open to consumers with an Advance banking relationship. Overall, HSBC Advance Time Deposit is fairly accessible, with just an S$5,000 minimum to place a deposit of any tenure at standard rates. Interest rates do not vary by deposit size, though rates jump substantially for longer tenures. In fact, board rates from 1 to12 months range from 0.05% to 0.25%, but a 24 month tenure earns an impressive 1.45% p.a. This is one of the highest 24 month rates on the market, making the HSBC Advance Fixed Deposit excellent for long-term deposits

The HSBC debit cards have no annual fees and it offers overseas cash withdrawal with no transaction fee at HSBC ATMs. However, this is ONLY for HSBC Advance and Premier Account holders. If you do qualify, the good thing is that HSBC has a strong ATM network in countries like Hong Kong.This card also supports the NETS FlashPay function so you can top up and tap for public transport, you can also link it up with SimplyGo and can be used to withdraw cash from cash points like 7-11, Cold Storage, Guardian and ATMs with “atm5” symbol

This card lets you withdraw cash in ten currencies at $0 fee and enjoy cash withdrawal fee waiver across all ATMs worldwide. This is great news for people who aren’t comfortable with carrying large amounts of cash around, and don’t want to pay ATM withdrawal fees. So, if let’s say you’re travelling to England, you can convert SGD to Pound sterling in just a few steps instantly on the QuickFX app. You can then withdraw it using your Everyday Global Debit Card in England without having to pay foreign exchange fees and ATM fees, or simply make payments directly to the merchant.

This card allows you to pays up to $S20,000 under Trip Curtailment even if you have to remain overseas for medical treatment and pays up to S$12,000 for the unrecoverable deposits under Trip Cancellation. Your Personal Accident cover starts 3 hours before departure with a high medical coverage of up to S$600,000 for medical and accidental dental treatment whilst overseas with an automatic extension of policy for up to 30 days if you are hospitalized or placed under compulsory quarantine while overseas upon the written advice of a Doctor. You receive up to S$10,000 for lost personal effects and reimbursement to replace the essential items and an automatic extension of policy for up to 72 hours if you are unable to complete your trip as planned due to Public Transport delays that are not your fault

Monitoring exchange rates before a big trip is a hassle, as is queuing up at the money changer with a big stack of cash in your pocket.For most of us who end up doing a lot of things at the last minute when it comes to travelling, changing money is often a case of just showing up at the airport and being subject to whatever the rates are at that point in time. This is where the HSBC QuickFX app helps greatly. This nifty new app offers a comprehensive slew of FX solutions for just about any FX need you may have. Converting your money can be done seamlessly and on the go using the app, even when you’re in the taxi rushing to the airport