Min. Monthly Income
- Up to 6% cashback on daily essentials
- 1X reward points for every S$1 spent, redeem with lesser points
- Free from annual fee for life
Product Review by
Exclusively For HSBC Premier Customers
HSBC Premier MasterCard Credit Card comes with tons of cashback as long as you charge your purchase to this card. You will not only get 16% discount, but also up to 6% cashback when you purchase fuel at any Shell and Caltex stations! What’s more exciting, you will receive up to 5% cashback for spending at any grocery stores in Singapore. Besides, you will also get up to 2% cashback if you dine in any of the selected restaurants. For other spending you will earn 1 Rewards Point for every S$1 spent. For non-HSBC credit cardholder, you can now transfer credit card to HSBC with lower interest rate! You can choose your repayment period for 6 months or 12 months, whichever you prefer to repay your outstanding balances. You will only need to repay your outstanding balances at interest rate of 3.20% per annum for 6 months. If your preferred repayment period is 12 months, then you will need to repay your outstanding balances at interest rate of 4.88% per annum. Processing fee is S$88, but it will be waived if approved amount is more than S$10,000.
Fees and Charges
Annual fee is not required for main card and supplementary card. For outstanding balances, you will be charged for interest rate of 24% per annum, or S$2.50, whichever is greater. You will need to pay at least S$50 or 3% of your monthly statement balance for monthly payment. Late charges will be S$60. Cash advance charges would be S$15 or 5% of withdrawn amount depending on which is greater.
Are You Eligible For HSBC Premier MasterCard Credit Card?
You are eligible to apply for the HSBC Premier MasterCard Credit Card only if you are HSBC Premier customer. Your monthly income must be more than S$2,500 (for Singaporeans and Singapore permanent resident) or S$3,333 (for self-employed or foreigners). Main card applicants must not younger than 21 years old; and supplementary card applicants must not younger than 18.
Looking for more options to choose from? Our credit card experts, also recommend you to check out other similar credit cards such as HSBC Visa Platinum Credit Card and DBS Live Fresh Visa Card, which may match your requirements. If you prefer to broaden your credit card search, see more HSBC credit cards and start comparing today!