The HSBC Revolution card gained a fresh lease of life last year, when it shifted from 2 mpd for online spend to a generous selection of 4 mpd earning categories, including a wide range of contactless and online transactions.
Good news is that the card’s S$200 cashback sign-up bonus has once again been extended, so new cardholders can pick up 40% cashback plus 4 mpd for the first S$500 spend on one of the widest ranges of useful everyday bonus spend categories on the market.
The promotion has been extended for applications made by 31st October 2021.
One additional condition has been added this time round – you’ll have to opt-in to marketing communications from HSBC from the outset at the application stage, and stay subscribed until your cashback is awarded.
If you haven’t added the card to your wallet yet, don’t miss our 10 good reasons to do so.
Sign-up bonus: Up to S$200 cashback
The extended sign-up bonus for the HSBC Revolution credit card is worth up to S$200 cashback, with the minimum spend requirement to qualify set at only S$500.
That’s the equivalent of 40% cashback on the first S$500 spend, and don’t forget the card is fee-free (forever).
To be eligible, you’ll need to be a new-to-bank credit card customer.
- do not currently hold any existing HSBC credit card*
- did not cancel any HSBC Credit Card* within last 12 months prior to the approval date of their new card
Note that currently holding (or having recently cancelled) an HSBC Visa Infinite card does not exclude you from this sign-up promotion, but other HSBC credit cards do.
For example, if you are a current HSBC Visa Infinite cardholder and also previously had an HSBC Advance card, which you cancelled in August 2020, you will be eligible for this offer.
Here’s how the deal works:
Successfully apply for the HSBC Revolution card between 1st September 2021 and 31st October 2021. Your card must be approved and issued by 15th November 2021.
Important: You also must, at the time of submitting your application, provide your consent for HSBC to send you to marketing and promotional materials.
Meet the following spend on your new card:
| Qualifying Spend | Gift |
| Apply online via MyInfo | S$30 cashback |
| First spend | + S$50 cashback |
| S$500+ spend | + S$120 cashback |
| Total | S$200 cashback |
Initially you’ll be entitled to S$30 cashback by applying online with MyInfo via SingPass.
With this offer you’ll then get S$50 cashback for any spend on the card, but you’ll want to be maximising your cashback by ensuring you rack up S$500+ spend to unlock an additional S$120 cashback, for a total of S$200.
The qualifying spend period for the sign-up bonus is based on the date your card account is opened, as follows:
| Card Opening Date | Qualifying Spend Period | Cashback Credit |
| 1 – 30 Sep 2021 | 1 Sep – 31 Oct 2021 | 30 Nov 2021 |
| 1 – 31 Oct 2021 | 1 Oct – 30 Nov 2021 | 31 Dec 2021 |
| 1 – 15 Nov 2021* | 1 Nov – 31 Dec 2021 | 31 Jan 2022 |
* Applies to applications submitted by 31st October2021, where the card account is then opened in early November 2021.
You must now also ensure you have not not revoked your consent to receive marketing or promotional materials from HSBC, at the time the Gift is credited.
Though the minimum spend of S$500 to qualify for this promotion is relatively easy to achieve, you can give yourself up to two months to meet the threshold by timing your application for an approval towards the beginning of the month (e.g. a 30th September card application approved on 3rd October will have until 30th November to make the spend).
Obviously you’ll be wanting to tap into the card’s (relatively easy) 4 mpd categories for that minimum spend itself too, so don’t forget you’re good for 2,000 miles (500 x 4) for those transactions, which can be as simple as grocery shopping at Giant or Cold Storage and a series of Deliveroo orders.
Pro Tip: If you’re struggling to make the S$500 minimum spend on this card, consider buying Dairy Farm or NTUC vouchers via contactless payment. You can then use these for future purchases at Cold Storage, Guardian or Fairprice.Remember that qualifying spend relates to posted retail purchases, so be careful not to leave your S$500 minimum spend towards the very end of the applicable period, since it can take around three days for transactions to post to your account (e.g. a purchase made on 31st October might not post to your account until ~2nd November).
You will receive the cashback as a credit to your account by the end of the month following the Qualifying Spend Period, as shown in the table above.
Existing HSBC cardholder?
If you do not fulfil the new-to-bank criteria outlined above, you’ll be entitled to S$30 cashback for meeting the same S$500+ qualifying spend criteria, in accordance with the same spend periods listed above for new-to-bank cardholders.
You can also earn an additional S$30 cashback when you apply online with MyInfo via SingPass, for a total of S$60 cashback.
That’s actually not bad as far as cashback offers for existing bank cardholders goes – equivalent to 12% cashback if you meet the minimum spend exactly.
Remember if you’re only holding an HSBC Visa Infinite card, you’ll still be eligible for the main S$200 cashback sign-up bonus.
Spend exclusions
Your minimum spend of S$500 to qualify for this sign-up bonus does not include the following categories:
Spend exclusion categories
- Foreign exchange transactions (including but not limited to Forex.com);
- Donations and payments to charitable, social organisations and religious organisations;
- Quasi-cash transactions (including but not limited to transactions relating to money orders, traveler’s checks, gaming related transactions, lottery tickets and gambling);
- Payments made to financial institutions, securities brokerages or dealers (including but not limited to the trading of securities, investments or crypto-currencies of any kind);
- Payments on money payments/transfers (including but not limited to Paypal, SKR skrill.com, CardUp, SmoovPay, iPayMy);
- Payments to any professional services provider (including but not limited to GOOGLE Ads, Facebook Ads, Amazon Web Services, MEDIA TRAFFIC AGENCY INC);
- Top-ups, money transfers or purchase of credits of prepaid cards, stored-value cards or e-wallets (including but not limited to EZ-Link, Transitlink, NETS Flashpay and Youtrip);
- Payments in connection with any government institutions and/or services (including but not limited to court costs, fines, bail and bond payment);
- Any AXS and ATM transactions;
- Tax payments (except HSBC Tax Payment Facility);
- Payments for cleaning, maintenance and janitorial services (including property management fees);
- Payments to insurance companies (including but not limited to sales, underwriting, premiums and insurance services);
- Payments to educational institutions;
- Payments on utilities;
- The monthly instalment amounts under the HSBC Spend Instalment;
- Balance transfers, fund transfers, cash advances, finance charges, late charges, HSBC’s Cash Instalment Plan, any fees charged by HSBC;
- Any unposted, cancelled, disputed and refunded transactions.
Terms and conditions
Full terms and conditions for this sign-up promotion are available here:
Summary
The HSBC Revolution’s “revolutionary makeover” last year has made it an essential part of your miles earning wallet in the 4 mpd category, and the card now benefits from no annual fee (forever).
While this sign-up bonus doesn’t include any additional miles, a S$200 credit gift for a spend of just S$500 is equivalent to 40% cashback if you hit the minimum spend exactly, and you’ll still net 4 mpd for the spend if it’s in the right category.
Even if you already hold an HSBC Visa Infinite card, you’re eligible for this deal.
| HSBC Revolution | |||
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No annual fee |
4 mpd online |
4 mpd contactless |
| APPLY HERE | |||
| HSBC Revolution | ||
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No annual fee |
4 mpd online |
4 mpd contactless |
| APPLY HERE | ||
Fee-free and fuss-free, with a wide variety of useful everyday spend categories, you just need to keep your eligible spending at less than S$1k per calendar month then switch to other cards after that – simple.
Even those with other 4 mpd cards should find some useful benefits by adding this one to their wallet, with the potential to turn S$12,000 of annual spending into 48,000 miles, enough for a Singapore Airlines Business Class award to Tokyo or Osaka!
For full details on this card, don’t miss our updated comprehensive review.
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(Cover Photo: Shutterstock)