Are you looking for a credit card that offers flexibility, convenience, and rewards? Look no further than the HSBC Revolution Credit Card. With its impressive rewards program and range of benefits, this credit card is a popular choice among Singaporeans who want to make the most of their spending.
The HSBC Revolution Credit Card offers a wide range of rewards and benefits, including cashback, miles, and vouchers. You can earn rewards points for every dollar you spend, and these points can be redeemed for a variety of rewards, including travel, dining, and shopping vouchers. Plus, there are no annual fees for this card, making it an affordable choice for those on a budget.
Key Takeaways
- The HSBC Revolution Credit Card is a popular choice among Singaporeans who want to make the most of their spending.
- This credit card offers a range of rewards and benefits, including cashback, miles, and vouchers, and there are no annual fees.
- With its impressive rewards program and range of benefits, the HSBC Revolution Credit Card is a great choice for those who want to earn rewards while making everyday purchases.
HSBC Revolution Credit Card Overview
Are you looking for a credit card that offers you rewards for your spending? Look no further than the HSBC Revolution Credit Card. This card is designed to suit your lifestyle, with a range of features and benefits that make it perfect for everyday use.
Key Features
The HSBC Revolution Credit Card comes with a range of key features that make it stand out from the crowd. These include:
- 10X Rewards Points on online and contactless spend
- No minimum spend required
- 1 Rewards Point for every $1 spent on other transactions
- Up to 16% instant discount at participating merchants
- Visa payWave for quick and easy payments
With these features, you can earn rewards points quickly and easily, and enjoy discounts at a range of merchants across Singapore. Plus, with no minimum spend required, you can earn rewards no matter how much you spend.
Eligibility and Application Requirements
To apply for the HSBC Revolution Credit Card, you must meet the following eligibility criteria:
- You must be a Singapore citizen or permanent resident
- You must be at least 21 years old
- Your annual income must be at least $30,000 for Singaporeans and PRs, or $40,000 for foreigners
In addition, you will need to provide the following documents when applying for the card:
- A copy of your NRIC or passport
- Your latest computerised payslip or Tax Notice of Assessment
- For self-employed individuals, your latest Income Tax Notice of Assessment
With these requirements met, you can apply for the HSBC Revolution Credit Card and start enjoying the rewards and benefits that come with it. So why wait? Apply today and start earning rewards on your spending!
Earning Rewards and Points
Are you looking for a credit card that rewards you for your spend? Look no further than the HSBC Revolution Credit Card. With the HSBC Revolution Credit Card, you can earn reward points and redeem them for a variety of rewards, including air miles, cashback, vouchers, and products.
Reward Points Structure
With the HSBC Revolution Credit Card, you can earn 1 reward point for every S$1 spent on eligible transactions. But that’s not all! If you make your purchases online or via contactless payment, you can earn 10x reward points. That’s right, 10 times the reward points for online purchases and contactless payments.
10x Rewards Categories
The HSBC Revolution Credit Card offers 10x rewards on transactions made in specific merchant category codes (MCCs). These categories include dining, entertainment, and online purchases. You can earn 10x rewards on up to S$1,000 worth of transactions per calendar month.
Here are some examples of merchants that fall under the 10x rewards categories:
- Dining: McDonald’s, Starbucks, Pizza Hut, and more
- Entertainment: Golden Village, Shaw Theatres, and more
- Online purchases: Lazada, Shopee, Amazon, and more
With the HSBC Revolution Credit Card, you can earn reward points quickly and easily. So why wait? Apply for your HSBC Revolution Credit Card today and start earning rewards on your spend!
Rewards Redemption
Redeeming your HSBC Revolution Credit Card reward points is easy and exciting. You can choose from a variety of options, including air miles, vouchers, and gifts. Here are some of the options for redeeming your points.
Options for Redeeming Points
HSBC offers a wide range of redemption options for your reward points. You can choose to redeem your points for air miles, vouchers, or gifts. Air miles can be redeemed for flights, hotel stays, and other travel-related expenses. Vouchers can be used at various merchants, including restaurants, shopping outlets, and entertainment venues. Gifts include a wide range of products, from electronics to home appliances.
To redeem your reward points, simply log in to your HSBC online banking account and navigate to the rewards redemption page. You can then select your preferred redemption option and follow the instructions to complete the process.
Miles Conversion
One of the most exciting ways to redeem your HSBC reward points is by converting them into air miles. You can convert your reward points into KrisFlyer miles, Asia Miles, or other airline loyalty program miles. The conversion rate varies depending on the airline and the loyalty program, but generally, you can expect to receive 1 air mile for every 2 to 3 reward points.
Converting your reward points into air miles is a great way to save money on travel expenses. You can use your air miles to book flights, hotel stays, and other travel-related expenses. Plus, many airlines offer additional perks and benefits to their loyalty program members, such as priority check-in, lounge access, and free upgrades.
In conclusion, the HSBC Revolution Credit Card offers a variety of exciting redemption options for your reward points. Whether you choose to redeem your points for air miles, vouchers, or gifts, you are sure to find an option that suits your needs and preferences. So start earning reward points today and enjoy the many benefits of the HSBC Revolution Credit Card.
Additional Perks and Benefits
As an HSBC Revolution Credit Cardholder, you have access to a variety of additional perks and benefits. Here are some of the benefits you can enjoy:
Contactless Payment Advantages
The HSBC Revolution Credit Card provides you with the convenience of contactless payments. With contactless payments, you can simply tap your card on the payment terminal to make a payment. This means that you don’t have to fumble around for cash or wait for the card machine to process your payment. Plus, contactless payments are more secure than traditional payments as you don’t have to hand over your card to the cashier.
Travel and Insurance Benefits
The HSBC Revolution Credit Card also comes with a range of travel and insurance benefits. For example, you can enjoy complimentary travel insurance coverage of up to S$300,000 when you charge your travel expenses to your card. This insurance covers you for medical expenses, trip cancellations, and lost baggage. Additionally, you can enjoy up to 25% off on airport lounge access with the LoungeKey program.
Entertainer with HSBC
As an HSBC Revolution Credit Cardholder, you can also enjoy exclusive discounts and deals with Entertainer with HSBC. This program offers you 1-for-1 deals on dining, travel, and entertainment. This means you can enjoy a free meal or activity when you purchase one with your HSBC Revolution Credit Card.
In summary, the HSBC Revolution Credit Card provides you with a range of additional perks and benefits that can make your life easier and more enjoyable. From contactless payments to travel insurance and exclusive deals with Entertainer with HSBC, you can enjoy a range of benefits with this card.
Financial Considerations
When considering a credit card, it’s important to take into account the fees and charges associated with it. This section will cover the fees and charges of the HSBC Revolution Credit Card.
Fees and Charges
The HSBC Revolution Credit Card has no annual fee, making it a great option for those looking for a credit card without the burden of an annual fee. However, there are monthly fees associated with the card, including a cash advance fee and a foreign currency transaction fee. These fees can add up quickly, so it’s important to be aware of them before using the card.
In addition to the monthly fees, there is also an overlimit fee if you exceed your credit limit. It’s important to keep an eye on your spending to avoid this fee.
Interest Rates and Balance Transfers
The interest rate on the HSBC Revolution Credit Card is competitive, making it a good option for those looking to carry a balance. However, it’s important to note that interest rates can vary depending on your credit score and other factors.
If you’re looking to transfer a balance from another credit card, the HSBC Revolution Credit Card offers balance transfer options. This can be a great way to consolidate your debt and save money on interest charges. However, it’s important to read the terms and conditions carefully to ensure that you understand the fees and charges associated with the balance transfer.
Overall, the HSBC Revolution Credit Card is a great option for those looking for a credit card with no annual fee and competitive interest rates. However, it’s important to be aware of the monthly fees and other charges associated with the card to avoid any surprises.
Spending Categories and Bonuses
If you’re looking for a credit card that rewards you for your spending, the HSBC Revolution Credit Card is worth considering. The card offers a range of bonuses across different spending categories that can help you earn rewards points quickly. Here are some of the spending categories and bonuses you can look forward to:
Dining and Entertainment Rewards
If you love dining out or going to the movies, you’ll be glad to know that the HSBC Revolution Credit Card offers 10X rewards points for every dollar spent on dining and entertainment. This includes everything from restaurants and cafes to bars, clubs, and cinemas. Whether you’re catching up with friends over brunch or watching the latest blockbuster, you can earn rewards points for every dollar you spend.
Travel and Transport Benefits
If you’re a frequent traveller or commuter, you’ll appreciate the 5X rewards points you can earn for every dollar spent on travel and transportation. This includes everything from flights and hotels to taxis, buses, and trains. Whether you’re planning a holiday or commuting to work, you can earn rewards points for every dollar you spend.
Online and Shopping Advantages
If you prefer to shop online, you’ll be happy to know that the HSBC Revolution Credit Card offers 5X rewards points for every dollar spent on online transactions. This includes everything from shopping on e-commerce sites to ordering food delivery. You can also earn 5X rewards points for every dollar spent on contactless payments with Visa PayWave or Apple Pay. Whether you’re stocking up on groceries or buying a new outfit, you can earn rewards points for every dollar you spend.
Overall, the HSBC Revolution Credit Card offers a range of bonuses across different spending categories that can help you earn rewards points quickly. Whether you love dining out, travelling, or shopping online, there’s a bonus for you. So, if you’re looking for a credit card that rewards you for your spending, the HSBC Revolution Credit Card is definitely worth considering.
Comparisons with Other Credit Cards
HSBC Revolution vs Citi Rewards
If you’re looking for a credit card that offers rewards points, both the HSBC Revolution and Citi Rewards cards are great options. While the HSBC Revolution card offers 5 reward points per dollar spent on dining, entertainment, and online transactions, the Citi Rewards card offers 10 reward points per dollar spent on online transactions, shopping, and dining.
However, the HSBC Revolution card has a lower annual fee of S$160.50, compared to the Citi Rewards card’s annual fee of S$192.60. Additionally, the HSBC Revolution card offers a higher earn rate of 1.2 miles per dollar spent on all transactions, whereas the Citi Rewards card only offers 1 mile per dollar spent on all transactions.
HSBC Revolution vs UOB Preferred Platinum
If you’re looking for a credit card that offers cashback, the UOB Preferred Platinum card may be a better option for you. The UOB Preferred Platinum card offers up to 10% cashback on dining, groceries, and online shopping, whereas the HSBC Revolution card only offers 5 reward points per dollar spent on dining and entertainment.
However, if you’re looking for a credit card that offers rewards points, the HSBC Revolution card may be a better option. The HSBC Revolution card offers 5 reward points per dollar spent on dining, entertainment, and online transactions, whereas the UOB Preferred Platinum card only offers 10X UNI$ (or 4 miles) per dollar spent on dining, entertainment, and online transactions.
In terms of annual fees, both cards have similar annual fees of around S$160.50. However, the HSBC Revolution card offers a higher earn rate of 1.2 miles per dollar spent on all transactions, whereas the UOB Preferred Platinum card only offers 1 mile per dollar spent on all transactions.
Overall, both the HSBC Revolution and UOB Preferred Platinum cards have their own unique benefits, depending on your spending habits and preferences.
Pros and Cons
The HSBC Revolution Credit Card has several pros and cons that you should consider before applying for it. Here are some of the most significant ones:
Pros
- No annual fee: Unlike many other credit cards, the HSBC Revolution Credit Card does not charge an annual fee, which means that you can enjoy its benefits without having to pay for them.
- Earn rewards: With the HSBC Revolution Credit Card, you can earn rewards points for every dollar you spend, which you can then redeem for a variety of rewards, including air miles, cashback, vouchers and products. You can also earn up to 9,000 bonus points (or 4,000 miles) every month.
- Flexible rewards: The HSBC Revolution Credit Card offers flexible rewards that you can use for a variety of purposes, including travel, shopping, dining, and more. This means that you can use your rewards points to get what you want, when you want it.
- Contactless payments: The HSBC Revolution Credit Card offers 10X Reward Points for contactless payments, which means that you can earn rewards points faster and more efficiently than with other credit cards.
- Complimentary travel insurance: The HSBC Revolution Credit Card comes with complimentary travel insurance, which means that you can travel with peace of mind knowing that you are protected against unexpected events.
Cons
- Low cashback rate: While the HSBC Revolution Credit Card offers 2.5% cashback on dining and entertainment, it only offers 1% cashback on all other spending. This means that you may not earn as much cashback as you would with other credit cards.
- Reward Points cap: The HSBC Revolution Credit Card has a monthly cap of 10,000 Reward Points, which means that you may not be able to earn as many rewards points as you would like.
- Limited travel perks: While the HSBC Revolution Credit Card offers complimentary travel insurance, it does not offer many other travel perks, such as airport lounge access or free hotel stays. This means that you may need to supplement your travel needs with other credit cards or travel programmes.
Overall, the HSBC Revolution Credit Card is an excellent credit card for those who want to earn rewards points and enjoy flexible rewards. However, it may not be the best credit card for those who want to earn a lot of cashback or enjoy many travel perks.
Conclusion
Congratulations! You have reached the end of our HSBC Revolution Credit Card review for Singapore. We hope that this article has provided you with all the information you need to make an informed decision about whether this card is right for you.
Overall, the HSBC Revolution Credit Card is a great option for those who want to earn rewards points without being tied down to a specific spending category. With no annual fees and a high spending-to-rewards ratio, this card is perfect for digitally-savvy working adults who mostly shop locally.
One of the best features of the HSBC Revolution Credit Card is its flexibility. You can earn rewards points on all your online and contactless transactions, with no minimum spending requirement. Plus, you can redeem your rewards points for a variety of different rewards, including travel vouchers, shopping vouchers, and more.
Another great thing about this card is its high miles earn rate. With up to 4 miles per dollar spent, this card is one of the highest miles earn rates on the market. This makes it a great option for those who want to earn miles quickly and easily.
Overall, if you’re looking for a flexible, no-frills credit card that allows you to earn great rewards from the get-go, the HSBC Revolution Credit Card is definitely worth considering. So why not apply today and start earning rewards points on all your transactions?
Frequently Asked Questions
What exciting perks come with the HSBC Revolution Card?
The HSBC Revolution Card offers a range of exciting perks that cater to your lifestyle needs. You can enjoy 10X Reward points or 4 miles for every dollar spent on your HSBC Revolution Credit Card for online and contactless payments. Additionally, there is no annual fee for the card, making it an attractive option for those looking for a no-frills credit card.
How can I amplify my rewards with the HSBC Revolution Card?
To amplify your rewards with the HSBC Revolution Card, you can spend on the card in categories such as travel, shopping, groceries, dining, and transport. These categories offer 4 miles or 10X Reward points for every dollar spent, which can help you earn more rewards quickly.
Are there any thrilling promotions currently available for HSBC Revolution cardholders?
Yes, there are several promotions available for HSBC Revolution cardholders. These promotions include a sign-up bonus of up to 35,000 miles, cashback offers on dining and entertainment, and discounts on travel bookings.
How does the HSBC Revolution Card convert spending into air miles?
The HSBC Revolution Card converts spending into air miles by using a simple conversion rate. For every dollar spent on the card, you will earn 4 miles or 10X Reward points for online and contactless payments. These miles can then be converted to air miles with partner airlines such as Singapore Airlines and Cathay Pacific.
Does the HSBC Revolution Card offer any cashback opportunities?
While the HSBC Revolution Card does not offer cashback opportunities, it does offer a range of other rewards such as air miles and Reward points. These rewards can be redeemed for a variety of items such as flights, hotel stays, and shopping vouchers.
Can I get complimentary lounge access with my HSBC Revolution Card?
Yes, HSBC Revolution cardholders can enjoy complimentary lounge access at over 1,000 lounges worldwide through the LoungeKey programme. To access the lounges, simply present your HSBC Revolution Card and a valid boarding pass.
