• Min. Monthly Income

    $2,500.00

  • Interest Rate

    25% p.a.

  • Balance Transfer

    2.5% p.a.

  • Annual Fee

    $180.00

Featured Highlights
  • Cash rebates up to 5% on daily expenses
  • Up to 16% instant discounts for fuel at Caltex and Shell plus 5% cash back
  • Receive choice of sign up gifts worth up to S$260
Petrol
8/10
Groceries
8/10
Dining
8.5/10
Utilities
8.5/10
Entertainment
9.5/10

Petrol

  • Up to 5% cash rebates on petrol
  • Enjoy up to 16% instant discounts at all Shell and Caltex stations along with cash rebates

Groceries

  • Up to 5% cash rebates at all major supermarkets

Dining

  • Up to 2% cashback on dining bills
  • Savings up to 15% at Gusto Italiano & Asian Masters
  • 10% off at Swensen's

Utilities

  • Up to 5% cash rebate

Entertainment

  • Enjoy movie ticket from S$7 at GV

Other Features

  • Offers and privileges for medical services at selected partners
  • Balance transfers rate starts at 0.8% p.a.
  • PayWave ready
  • Earn 1 Rewards point with every S$1 charged

Card Information

Annual Fee $180.00
Min. Monthly Income $2,500.00
Min. age for principal holder

21 and above

Min. age for supplementary holder

18 and above

Fee for supplementary holder Free
Finance charges S$2.50 or;

25% p.a. (whichever higher)

Goods & Services Tax (GST)
N/A
Late payment charge

S$55

Cash advance amount

Up to available credit limit

Cash advance charge

5% of cash advance amount or S$15 (whichever is higher)

Cash advance interest charge

Finance charges of 28% p.a. compounded daily until full repayment.

Cashback Limit

S$60 per Account per Quarter

Rewards points expiry

3 years

Product Review by iMoney Singapore

More Privileges With HSBC Visa Platinum Credit Card

Enjoy up to 16% instant discount on fuel purchases at any of the Caltex and Shell fuel stations! Besides that, cardholder can enjoy up to 5% cash back on groceries and 2% savings on dining too. For every S$1 spent, customers can earn 1 Rewards Point. Cardholder can charge tax payment to this card and earn Rewards Points.

New applicant can opt for S$120 cash back or American Tourister Caravan 70cm TSA luggage (worth S$260) as welcome gift. Meanwhile, existing HSBC cardholder can still enjoy cash back of S$50. Charge a minimum of S$600 within a month from card approval date to receive one of the exclusive welcome gifts. On top of that, both new and existing cardholder will receive additional S$20 cash back when you sign up for supplementary credit card and another S$20 cash back if the application is submitted online.

Fees and Charges

Annual fee is free for the first 2 years and $180 for the subsequent years. Annual Interest rate is 25%. Monthly payment must be at least 3% of outstanding balance, or S$50, whichever is higher. Late payment will be charged for S$55.

Are You Eligible For HSBC Visa Platinum Credit Card?

To apply HSBC Visa Platinum Credit Card, applicants must be at least 21 years of age. For Singaporean and Permanent Residents, monthly income must be at least S$2,500. Self-employed or Foreigners, monthly income must be at least $3,333 per month. If none of the requirements mentioned is met, applicant must have at least S$10,000 of fixed deposit to be maintained in HSBC until card closure.

Looking for more options to choose from? Our credit card experts recommend you to check out other similar credit cards such as HSBC Premier MasterCard Credit Card and UOB Visa Signature Card, which may match your requirements. If you prefer to broaden your credit card search, see more HSBC credit cards and start comparing today!