Asia Miles Credit Cards KrisFlyer

HSBC Visa Infinite Review (2023)

A 35,000 miles welcome bonus is the main draw for the $660 annual fee HSBC Visa Infinite card. Do the other perks justify keeping it in year 2?

Here’s our review of the HSBC Visa Infinite card issued in Singapore. It forms part of our series of credit card reviews, which are all summarised on our dedicated Credit Cards page.

Dollar amounts refer to SGD, and ‘miles’ refer to KrisFlyer miles, except where stated. This review was updated on 22nd January 2023.

HSBC Visa Infinite
HSBCviNEW2 small
35,000
welcome miles

Unlimited
lounge access

Free airport
limo rides
APPLY HERE
HSBC Visa Infinite
HSBCviNEW2 small

35,000
welcome miles

Unlimited
lounge access

Free airport
limo rides
APPLY HERE

  Mainly Miles Says

Some nice benefits, including a 35,000 miles welcome bonus in year one, but without the same gift in subsequent years it’s hard to justify this card’s $660 annual price tag after that.

Lacklustre miles earning rates for at least the first year don’t help either.

  Pros   Cons
  • 35,000 miles sign-up bonus
  • Up to five unlimited LoungeKey accounts
  • Up to 24 airport limo rides per year
  • Earn miles for transactions from $0.50
  • Up to 1% cashback for EGA account holders
  • Golf, dining and spa privileges
  • High income requirement
  • Poor miles earning rates for at least the first year
  • Limited FFP transfer partners
  • High miles transfer cost for those converting infrequently
  • Points don’t pool with other HSBC cards
  • No recurring annual miles bonus
  • No miles with CardUp or ipaymy

  Eligibility

  • Minimum Age: 21
  • Minimum Income: $120,000/yr

The HSBC Visa Infinite card has a $120,000 per year income requirement for all applicants.

  Fixed deposit alternative

If you do not meet the minimum annual income requirement of $120,000, you can still be considered for the HSBC Visa Infinite card with a minimum fixed deposit of $30,000, maintained with the bank until account closure.

  Annual Fees & Interest Rates

  • Annual Fee (principal): $656.08
  • Annual Fee (HSBC Premier customers): $492.56
  • Annual Fee (supplementary): Free

The annual fee for the HSBC Visa Infinite card is $656.08. HSBC Premier customers are entitled to a discounted annual fee of $492.56. The annual fee is not waivable.

Up to five supplementary cards can be added to your account for free. Supplementary cardholders must be at least 18 years old.

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Other fees and interest rates for the HSBC Visa Infinite card include:

  • EIR: 25.9%
  • Interest-free period: 20 days
  • Minimum payment: 3% (capped at $50)
  • Late payment fee: $55
  • Cash advance fee: 6% (capped at $15)
  • Overlimit fee: $40

  Sign-up bonus

The HSBC Visa Infinite card currently has a sign-up bonus of 35,000 miles, which is almost consistently offered year round. In early 2019 a 40,000 miles offer was also available for a limited time.

If you have held the HSBC Visa Infinite card before and cancelled it within the last 12 months, you will not be entitled to the sign-up bonus.