Are you looking for a credit card that offers exclusive perks and benefits in Singapore? The HSBC Visa Infinite Credit Card might be the one for you. This premium lifestyle card offers a superior earn rate of up to 2.25 air miles per dollar spent, exclusive lifestyle and luxurious travel benefits, and much more. But how does it compare to other premium credit cards in Singapore?
When comparing credit cards, it’s important to consider various factors such as eligibility, earning rewards, fees and charges, and additional perks and benefits. In this article, we’ll take a closer look at the HSBC Visa Infinite Credit Card and compare it with other premium credit cards in Singapore. We’ll also discuss some of the fine print and customer experiences to help you make an informed decision. So, let’s dive in and see how the HSBC Visa Infinite Credit Card stacks up against the competition.
Key Takeaways
- The HSBC Visa Infinite Credit Card offers a superior earn rate of up to 2.25 air miles per dollar spent and exclusive lifestyle and travel benefits.
- When comparing premium credit cards in Singapore, consider factors such as eligibility, earning rewards, fees and charges, and additional perks and benefits.
- The fine print and customer experiences are also important factors to consider when choosing a credit card.
HSBC Visa Infinite Credit Card Overview
If you’re looking for a premium credit card that offers exclusive benefits and travel perks, then the HSBC Visa Infinite Credit Card might be just what you need. Here’s a closer look at some of the key features and benefits of this card.
Key Features
With the HSBC Visa Infinite Credit Card, you’ll enjoy a range of features that make it easy to manage your finances and maximise your rewards. Here are some of the highlights:
- Annual fee of £488 (inclusive of GST) waived for the first year.
- Welcome gift of 35,000 HSBC Rewards points that can be converted to air miles with Singapore Airlines, Cathay Pacific, or other airlines.
- Up to 2.25 air miles per £1 spent on local purchases, and up to 3.0 air miles per £1 spent on overseas purchases.
- Unlimited access to over 1,100 VIP airport lounges worldwide for you and your supplementary cardholders.
- Dedicated concierge service for personalised assistance with travel bookings, restaurant reservations, and more.
- Expedited immigration clearance and airport limousine transfers at selected airports.
Exclusive Benefits
In addition to the key features listed above, the HSBC Visa Infinite Credit Card also offers a range of exclusive benefits that are designed to enhance your travel experience. Here are some of the highlights:
- Comprehensive travel insurance coverage of up to £2.75 million when you charge your air ticket to your HSBC Visa Infinite Credit Card.
- Airport limo rides to and from the airport when you charge your air ticket to your HSBC Visa Infinite Credit Card.
- Priority Pass membership that gives you access to over 1,000 airport lounges worldwide.
- Exclusive travel benefits with Singapore Airlines, including discounted airfares, upgrades, and more.
- Complimentary Voyage Exchange membership that offers exclusive travel privileges and discounts.
- Access to HSBC’s Premier and Jade Centres, which offer a range of financial and lifestyle services.
Overall, the HSBC Visa Infinite Credit Card is a great option if you’re looking for a premium credit card that offers exclusive benefits and travel perks. With its generous rewards programme, comprehensive travel insurance coverage, and exclusive benefits, it’s definitely worth considering if you’re a frequent traveller or a high spender.
Eligibility and Application
Eligibility Requirements
To apply for an HSBC Visa Infinite Credit Card, you must be an HSBC Premier customer. If you are not an HSBC Premier customer, you can apply for the HSBC Premier account and the HSBC Visa Infinite Credit Card at the same time. To be eligible for an HSBC Premier account, you must have a minimum of S$200,000 in deposits and/or investments with HSBC.
Additionally, you must be a Singaporean or a foreigner with a valid Employment Pass, and have a minimum annual income of S$120,000 if you are a salaried employee or a minimum annual income of S$40,000 if you are self-employed. You will need to provide your NRIC, passport, or employment pass, as well as your Notice of Assessment or CPF statement to prove your income.
Application Process
You can apply for an HSBC Visa Infinite Credit Card online or in person at an HSBC branch. If you are applying online, you will need to have your SingPass or MyInfo login details ready.
The application process is straightforward and only takes a few minutes to complete. You will need to provide your personal details, employment information, and income details. Additionally, you will need to upload a copy of your NRIC, passport, or employment pass, as well as your Notice of Assessment or CPF statement to prove your income.
Once you have submitted your application, HSBC will review it and inform you of the outcome within a few business days. If your application is approved, your HSBC Visa Infinite Credit Card will be mailed to your billing address.
Overall, the HSBC Visa Infinite Credit Card is an excellent option for HSBC Premier customers who are looking for a premium credit card with exclusive travel perks and accelerated reward points. If you meet the eligibility requirements and are excited about the benefits of the HSBC Visa Infinite Credit Card, you can apply for it online or in person at an HSBC branch.
Earning Rewards
When it comes to earning rewards, the HSBC Visa Infinite Credit Card offers great opportunities for you to accumulate points and miles that can be redeemed for various benefits. Here are some of the ways you can earn rewards with the card.
Local and Overseas Spend
The HSBC Visa Infinite Credit Card rewards you for both local and overseas spend. You can earn up to 1.25 air miles for every SGD 1 spent locally, and up to 2 air miles for every SGD 1 spent overseas. This makes it a great card for those who travel frequently or make a lot of overseas purchases.
Bonus Points and Milestones
In addition to regular earn rates, the HSBC Visa Infinite Credit Card also offers bonus points and milestones to help you accumulate rewards faster. For example, you can earn up to 4 miles per SGD 1 spent on dining, and up to 2 miles per SGD 1 spent on petrol. There are also welcome bonuses and other promotions that can help you earn additional rewards points.
To make the most of these benefits, it’s important to keep track of your spending and take advantage of any bonus opportunities that come your way. With the HSBC Visa Infinite Credit Card, you can earn rewards quickly and easily, giving you more opportunities to enjoy the benefits of your card.
In comparison to other credit cards in Singapore, the HSBC Visa Infinite Credit Card offers competitive earn rates and a wide range of bonus opportunities. Whether you’re looking to earn air miles, cashback, or other rewards, this card is definitely worth considering.
Comparing Visa Infinite with Other Premium Cards
If you are looking for a premium credit card in Singapore, you might be wondering how the HSBC Visa Infinite card stacks up against other options. Here’s a comparison of the HSBC Visa Infinite card with other premium credit cards in Singapore.
HSBC Visa Infinite vs OCBC Voyage
The OCBC Voyage card is a popular option for those who love to travel. However, when it comes to rewards points, the HSBC Visa Infinite card offers a higher earn rate of 1.25 miles per dollar spent, compared to the 1 mile per dollar spent with the OCBC Voyage card. In addition, the HSBC Visa Infinite card offers unlimited access to over 1,000 airport lounges worldwide, while the OCBC Voyage card only offers 2 complimentary lounge access per year.
HSBC Visa Infinite vs Citi Prestige
The Citi Prestige card is another premium credit card that offers a range of travel perks and benefits. However, the HSBC Visa Infinite card offers a higher welcome bonus of up to 40,000 miles, compared to the Citi Prestige card’s 25,000 miles. In addition, the HSBC Visa Infinite card offers a higher earn rate of 1.25 miles per dollar spent, compared to the Citi Prestige card’s earn rate of 1.3 miles per dollar spent.
HSBC Visa Infinite vs SCB Visa Infinite
The SCB Visa Infinite card is another premium credit card that offers a range of travel perks and benefits. However, the HSBC Visa Infinite card offers a higher earn rate of 1.25 miles per dollar spent, compared to the SCB Visa Infinite card’s earn rate of 1 mile per dollar spent. In addition, the HSBC Visa Infinite card offers unlimited access to over 1,000 airport lounges worldwide, while the SCB Visa Infinite card only offers 6 complimentary lounge access per year.
HSBC Visa Infinite vs AMEX Platinum
The AMEX Platinum card is a premium credit card that offers a range of travel perks and benefits. However, the HSBC Visa Infinite card offers a higher earn rate of 1.25 miles per dollar spent, compared to the AMEX Platinum card’s earn rate of 1.1 miles per dollar spent. In addition, the HSBC Visa Infinite card offers unlimited access to over 1,000 airport lounges worldwide, while the AMEX Platinum card only offers access to selected airport lounges.
Overall, the HSBC Visa Infinite card offers a range of benefits and rewards that make it a strong contender among premium credit cards in Singapore. With a higher earn rate and unlimited access to airport lounges worldwide, it’s a great choice for frequent travellers who want to maximise their rewards and enjoy premium travel perks.
Fees and Charges
When it comes to choosing a credit card, one of the most important factors to consider is the fees and charges. In this section, we will compare the fees and charges of the HSBC Visa Infinite Credit Card with other credit cards in Singapore.
Annual Fees
The annual fee for the HSBC Visa Infinite Credit Card is SGD 656.08, which is reduced to SGD 492.56 for HSBC Premier customers. This fee is non-waivable, regardless of how much you spend per year. However, the card offers up to five supplementary cards for free for life, which is a great perk because they enjoy benefits like unlimited lounge access.
Other credit cards in Singapore have varying annual fees, ranging from no annual fee to SGD 695. Some cards also offer a waiver of the annual fee if you meet certain spending requirements.
Transaction Fees
The HSBC Visa Infinite Credit Card charges an interest rate of 25.9% per annum on cash and purchases. Additionally, the cash advance fee is 6% of the amount withdrawn or SGD 15, whichever is greater. The foreign currency transaction fee is 2.8%, which includes a 1.5% Visa International Service Assessment fee.
Other credit cards in Singapore have different interest rates, ranging from 25.9% to 28% per annum. Some cards also offer a lower interest rate for a promotional period. The foreign currency transaction fees for other cards range from 2.5% to 3.25%, with some cards offering no foreign currency transaction fees.
Overall, the HSBC Visa Infinite Credit Card offers competitive fees and charges compared to other credit cards in Singapore. However, it is important to consider your spending habits and needs to determine which card is best for you.
Additional Perks and Benefits
When it comes to additional perks and benefits, the HSBC Visa Infinite Credit Card is a clear winner. The card offers a range of travel and lifestyle perks that you won’t find with other credit cards in Singapore.
Travel and Lifestyle Perks
One of the most exciting perks of the HSBC Visa Infinite Credit Card is the free access to airport lounges. You can enjoy complimentary access to over 1,000 airport lounges worldwide, including Priority Pass lounges. This perk is perfect for frequent travellers who want to relax and unwind before their flight.
The HSBC Visa Infinite Credit Card also offers a range of other travel perks, such as travel insurance, hotel partners, and golf privileges. You can enjoy exclusive discounts and offers at over 200 golf clubs in Asia, as well as discounts on green fees at over 40 golf courses in Singapore.
Dining and Entertainment Offers
If you’re a foodie, you’ll love the dining benefits that come with the HSBC Visa Infinite Credit Card. You can enjoy up to 50% off at over 50 restaurants in Singapore, as well as exclusive dining privileges at over 1,000 restaurants worldwide.
In addition to dining benefits, the HSBC Visa Infinite Credit Card also offers entertainment perks. You can enjoy discounts on movie tickets, concert tickets, and other entertainment events in Singapore.
Overall, the HSBC Visa Infinite Credit Card offers a range of additional perks and benefits that make it stand out from other credit cards in Singapore. If you’re looking for a card that offers travel and lifestyle perks, as well as dining and entertainment benefits, the HSBC Visa Infinite Credit Card is definitely worth considering.
Understanding the Fine Print
When it comes to credit cards, it’s important to read the fine print before you sign up. Here’s what you need to know about the terms and conditions, interest rates, and penalties associated with the HSBC Visa Infinite Credit Card and other credit cards in Singapore.
Terms and Conditions
The terms and conditions of the HSBC Visa Infinite Credit Card are straightforward and easy to understand. You’ll earn air miles for every dollar you spend, and you can redeem those miles for flights, hotels, and other travel-related expenses. There are no blackout dates, so you can use your miles whenever you want.
Other credit cards in Singapore may have more complicated terms and conditions. Some cards may offer cashback rewards instead of air miles, or they may have restrictions on when and how you can redeem your rewards. Be sure to read the fine print carefully and compare the features of different cards before you make a decision.
Interest Rates and Penalties
The interest rates and penalties associated with the HSBC Visa Infinite Credit Card are competitive with other premium credit cards in Singapore. The interest rate is based on the prevailing prime rate, and there is a minimum interest charge of SGD 2.50 per month. Late payment fees and over-limit fees are also reasonable compared to other cards.
However, it’s important to note that interest rates and penalties can vary widely among different credit cards in Singapore. Some cards may have higher interest rates or more severe penalties for late payments or exceeding your credit limit. Be sure to read the fine print carefully and compare the features of different cards before you make a decision.
In summary, understanding the fine print is crucial when it comes to choosing a credit card in Singapore. Be sure to read the terms and conditions carefully, compare interest rates and penalties, and consider your own spending habits and eligibility criteria before you make a decision.
Customer Experiences
Service and Support
When it comes to service and support, HSBC is known for being reliable and responsive. They offer a 24/7 customer service hotline, as well as online chat support. Their website is easy to navigate, making it simple to find the information you need. Additionally, they have a mobile app that allows you to manage your account on-the-go.
Other credit cards in Singapore also offer similar service and support features, but HSBC stands out for their commitment to customer satisfaction. They have received positive reviews from customers for their helpful and friendly customer service representatives.
Client Testimonials
HSBC Visa Infinite Credit Card has received positive reviews from customers for its generous rewards program, travel benefits, and exclusive privileges. Many customers have praised the card for its unlimited lounge access, airport limousine service, and expedited immigration clearance.
One customer, who frequently travels for business, said that the HSBC Visa Infinite Credit Card has made their travels more comfortable and stress-free. They appreciate the convenience of having access to airport lounges and the limousine service, which saves them time and money.
While other credit cards in Singapore also offer similar rewards and benefits, HSBC Visa Infinite Credit Card stands out for its exceptional customer service and commitment to customer satisfaction.
Overall, if you are looking for a credit card that offers great rewards and benefits, as well as reliable service and support, HSBC Visa Infinite Credit Card is definitely worth considering.
Conclusion
After comparing the HSBC Visa Infinite Credit Card to other credit cards in Singapore, it is clear that this card offers some of the best travel benefits and rewards available. The HSBC Visa Infinite Credit Card has a high annual fee, but it is well worth it for frequent travellers who want to enjoy exclusive airport lounge access, expedited immigration clearance, and airport limousine services.
Compared to other premium credit cards in Singapore, the HSBC Visa Infinite Credit Card offers the best welcome bonus, exclusive travel perks, and miles per dollar earn rates. The Standard Chartered Visa Infinite Credit Card and the Citi Prestige Card both fall short in these categories.
If you are a business executive who travels often, the HSBC Visa Infinite Credit Card is the perfect choice for you. With its unlimited access to airport lounges, expedited immigration clearance, and airport limousine services, you can commute between airports, home, and work with ease.
In conclusion, the HSBC Visa Infinite Credit Card is an excellent choice for frequent travellers who want to enjoy exclusive travel perks and rewards. If you are interested in applying for this card, be sure to check out our affiliate link here.
Frequently Asked Questions
What luxurious perks can I expect with the HSBC Visa Infinite compared to other top-tier cards in Singapore?
The HSBC Visa Infinite is one of the most luxurious credit cards available in Singapore. It offers a range of premium benefits, including unlimited access to over 1,100 airport lounges worldwide, complimentary limousine transfer, expedited immigration clearance, and more. Additionally, cardholders can enjoy exclusive travel privileges, such as hotel room upgrades, dining discounts, and travel insurance coverage of up to SGD2.75 million for you and your family.
How does the annual fee for the HSBC Visa Infinite stack up against its competitors?
The annual fee for the HSBC Visa Infinite is SGD650. However, the card’s premium benefits and rewards make it a great value for frequent travellers and high spenders. Compared to other top-tier credit cards in Singapore, the HSBC Visa Infinite’s annual fee is competitive.
Are the mile-earning capabilities of the HSBC Visa Infinite more rewarding than other Singaporean credit cards?
The HSBC Visa Infinite offers up to 2.25 miles (5.625× Reward points) for every dollar spent, making it one of the most rewarding credit cards for earning miles in Singapore. However, other credit cards may offer higher earning rates in specific categories, such as dining or groceries. It’s important to consider your spending habits and priorities when choosing a credit card.
What exclusive benefits come with the HSBC Visa Infinite’s supplementary card?
The HSBC Visa Infinite’s supplementary card offers many of the same benefits as the primary card, including unlimited airport lounge access, travel insurance coverage, and exclusive travel privileges. Additionally, supplementary cardholders can earn miles and enjoy discounts on dining, shopping, and other lifestyle activities.
How does the lounge access provided by HSBC Visa Infinite enhance my travel experience over other cards?
The HSBC Visa Infinite offers unlimited access to over 1,100 airport lounges worldwide, making it one of the most generous credit cards for lounge access in Singapore. Additionally, cardholders can enjoy complimentary limousine transfer, expedited immigration clearance, and other exclusive travel privileges. This can make your travel experience more comfortable and convenient.
What’s the Mastercard equivalent to the posh Visa Infinite, and how do they compare?
The Mastercard equivalent to the Visa Infinite is the World Elite Mastercard. Like the HSBC Visa Infinite, the World Elite Mastercard offers premium benefits and rewards, including unlimited airport lounge access, travel insurance coverage, and exclusive travel privileges. However, the specific benefits and rewards may differ between the two cards. It’s important to compare the details of each card to determine which one is right for you.
