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HSBC TravelOne Card

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Quick Facts

Instant Rewards Redemption

Categories to maximise this card

What people use it for.

Frequent travellers who are looking for more flexibility & choices in redeeming miles and good earn rate

You are looking for a miles credit card with high earn rate and fast redemption

All Details

Key features.

• Instant reward redemption with an extensive selection of airline and hotel partners via HSBC Singapore mobile app

Accelerated earn rate: up to 2.4 miles for your spending

Travel privileges: Complimentary travel insurance coverage (including COVID-19), 4 x complimentary airport lounge visits for primary cardholders and more

Split flexibly: Split your purchases across a range of flexible tenors that suits your needs with HSBC Instalment Plans

Receive complimentary access to ENTERTAINER with HSBC app, with over 1,000 worldwide 1-for-1 deals on dining, lifestyle and travel.

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HSBC TravelOne Credit Card Review 2024

Introduced in early 2023, the HSBC TravelOne credit card represents HSBC's newest addition to its credit card lineup, specifically designed for those passionate about travel. It offers enhanced flexibility, ease, and appealing rewards.

Notable highlights include fee-free miles transfers with 9 frequent flyer partners and the integration with the HSBC mobile app, allowing users to effortlessly redeem travel rewards and handle their payments with utmost convenience. If you're considering whether to get the HSBC TravelOne Credit Card, let's find out if this card is suitable for you as we consider the requirements, pros and cons and more.

Pros and Cons of HSBC TravelOne Card

• 20,000 welcome bonus miles (50,000 reward points) upon payment of annual fee
• Up to 2.4 miles for every S$1 spent overseas
• No cap on miles/points earned
• Up to 1.2 miles for every S$1 spent locally
• No redemption fee when you redeem for air miles or hotel points
• Annual fee waiver available (from 2nd year onwards)
• Exclusive access to HSBC ENTERTAINER with HSBC Singapore mobile app, enjoy over 1,000 worldwide 1-for-1 deals on dining, lifestyle and travel
• Flexibility to split your purchases across a range of flexible tenors that suits your needs with HSBC credit card Instalment Plans at 0% interest fee
• Complimentary travel insurance
• Complimentary airport lounge visits per year for primary cardholders
• Interest rate of 26.90%, which is lower than some cashback credit cards (as per MoneySmart's Credit Cards comparison tool)
• Min. spend of S$1,000 to qualify for the 20,000 welcome bonus miles
• Min. spend of S$25,000 per year to qualify for the annual fee waiver

Compare HSBC TravelOne vs. Citi PremierMiles Card vs. SCB Journey Credit Card

Currently, the HSBC TravelOne Card offers the lowest minimum interest rate chargeable as compared to the Citi PremierMiles Card and Standard Chartered Journey Card.

In terms of annual fee, you'll definitely save more with the Standard Chartered Journey Card as compared to the HSBC TravelOne Card and Citi PremierMiles Card, as you wouldn't have to pay any annual fees for it.

When it comes to air miles benefits, the Citi PremierMiles Card comes up on top with the most attractive perks as compared to the HSBC TravelOne Card and Standard Chartered Journey Card, offering the highest air miles per S$1 spent on online travel bookings via Kaligo and Agoda.

However, the Citi PremierMiles Card requires a minimum spend of $800 per month for the first-year fee waiver, unlike the Standard Chartered Journey Card which does not have minimum spend requirements. HSBC TravelOne Card requires an even higher minimum spending of S$25,000 annually to be eligible for the second-year annual fee waiver.

In a nutshell, the HSBC TravelOne Card is worth getting if you're after its fee-free miles transfers with 9 frequent flyer partners, no cap on miles/points earned, plus the instant reward redemption with its extensive selection of airline and hotel partners via the HSBC Singapore mobile app.

Find Out More In Our HSBC TravelOne Blog Review

Hsbc travelone card application.

Here are 3 simple steps to apply for the HSBC TravelOne Credit Card:

Apply via MoneySmart’s credit cards page

You may begin your application by clicking on our HSBC TravelOne Card application link.

When you choose to apply online or through the HSBC mobile app and via SingPass MyInfo, HSBC will pull your identity and income data from SingPass (which is already verified), thus cutting short the processing time. The approval-in-principle page will appear within minutes of submitting your MyInfo.

Provide all documentation required

You'll need to provide all the necessary documentation in order for HSBC to approve your credit card application. This list of documents include:

• NRIC or other identification details
• Latest computerised payslip
• Latest 12 months' CPF Contribution History Statement
• Latest Income Tax Notice of Assessment (NOA)

Receive your HSBC TravelOne Credit Card

You’ll be able to activate your HSBC TravelOne Card instantly through the HSBC mobile app, and enter a One-Time Password (OTP) after keying in your 6-digit Online Banking PIN to secure all your credit card transactions. Thereafter, it’s ready for you to use on any of your purchases and you can track your air miles and other rewards with your HSBC mobile app!

Frequently Asked Questions

Are there any fees if i apply for the hsbc travelone credit card, am i eligible for the hsbc travelone credit card, if i’m late for my monthly hsbc travelone credit card bill payment, how much do i have to pay.

Mainly Miles

Maximise your miles.

HSBC launches TravelOne credit card – with 9 frequent flyer partners

HSBC launched a new travel credit card last week – the TravelOne card – a general spend option which boasts nine frequent flyer transfer partners and a 20,000 miles sign-up bonus when you apply between now and the end of August 2023.

The card also boasts fee-free transfers to frequent flyer miles until the end of 2023, while the transfers themselves will be instant, or in the worst case take only one business day.

Another plus that might make you keen to dive in with this one – the sign-up bonus is also open to existing HSBC cardholders too, not just new-to-bank applicants, as is usually the case with these promotions.

The annual fee is non-waivable in year one. It is waived each year from the second membership year onwards, provided you spent at least S$25,000 in the previous membership year.

To apply for an HSBC TravelOne card, you must be aged 21 or above and have a minimum annual income of:

• S$30,000 for Singapore Citizens and Permanent Residents, or
• S$40,000 for self-employed or commission-based Singapore Citizens or Permanent Residents, and for foreigners residing in Singapore

If you do not meet the income requirements, a minimum fixed deposit collateral of S$10,000 will suffice instead.

  Earn rates

The HSBC TravelOne card earns:

• 1.2 mpd for local spend (i.e. transacted in SGD), and
• 2.4 mpd for overseas spend (i.e. transacted in foreign currency).

No minimum spend or upper cap applies on earning with this card, but do note that unfortunately CardUp and ipaymy transactions do not earn miles on this (or any HSBC) card.

Here’s how that compares to some other general spend cards with similar income requirements on the market in Singapore.

Earn rates (general spend cards) (Best to worst, May 2023)

* During June and December only, otherwise the local spend rate applies

As you can see while the local earn rate of 1.2 mpd is run-of-the-mill, the FCY rate is on the more attractive side at 2.4 mpd, matching the UOB PRVI Miles cards.

The minimum spend to earn points with HSBC is also attractive at S$0.50, with some cards like those issued by OCBC and UOB earning no points at all for transactions less of than S$5.

  Sign-up bonus

HSBC is running a sign-up deal for those applying for the TravelOne credit card between now and 31st August 2023, with 20,000 bonus miles (paid as 50,000 HSBC Reward points) on offer when you spend S$800 or more by the end of the calendar month following the month of card approval.

The great thing about this offer is that it’s open to new and existing HSBC credit card holders.

That means if you’re already holding on to another HSBC card, like the Revolution or Visa Infinite products, you can still benefit from these bonus miles if you also pick up the TravelOne card between now and the end of August.

To be eligible you will need to:

• Apply by 31st August 2023
• Consent to receive marketing and promotional materials from HSBC
• Pay the annual fee of S$194.40
• Charge a minimum of S$800 in qualifying transactions by the end of the calendar month following the month of card approval (e.g. approved 19th May = meet the spend by 30th June)

Provided you have S$800 spend coming up, these 20,000 bonus miles cost 0.97 cents each based on payment of the S$194.40 annual fee.

There is a slightly higher cost, however, if you have to divert some or all the spend away from 4 mpd / 6 mpd credit cards to meet this threshold with the TravelOne card, which will be the case for some of our readers. It doesn’t dramatically change the equation though – this bonus is still worth it .

Qualifying transactions for the S$800 minimum spend comes with the usual HSBC exclusions, as shown below.

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.

Full terms and conditions for the sign-up bonus are available here .

  Transfer partners

The most significant leap for this card is a new variety of airline and hotel loyalty programme partners for you to transfer your HSBC Reward points across to.

For other HSBC products like the Revolution and Visa Infinite cards, transfers are only supported to Singapore Airlines KrisFlyer miles and Cathay Pacific Asia Miles, but the HBSC TravelOne card allows you to transfer into  nine FFPs , as shown below.

HSBC FFP Transfer Partners

This is a strong list, including Star Alliance, Oneworld and SkyTeam options, and introduces Vietnam Airlines Lotusmiles as a credit card conversion partner for the first time in Singapore.

Qatar Airways Privilege Club (QRPC) is also a de-facto inclusion, since you can link your British Airways Avios and QRPC accounts and make unlimited instant free 1:1 transfers of any amount between them, whenever you like.

In all cases with these nine FFPs, the same transfer ratio of 25,000 HSBC Reward points to 10,000 miles applies (2.5:1), so the ‘advertised’ miles per dollar rates on this card are true for all of them.

Of less interest, but still potentially useful for some readers, you can also transfer HSBC Reward points accrued on the TravelOne card to three hotel loyalty programmes:

• Accor Live Limitless (25,000 : 5,000)
• IHG One Rewards (25,000 : 10,000)
• Marriott Bonvoy (25,000 : 10,000)

Hotel points value shouldn’t be totally discounted of course – the 50,000 Reward points (20,000 miles) sign-up bonus for this card could instead be transferred into 10,000 Accor points – worth EUR200 (S$290) against a future hotel stay.

That alone makes the annual fee of S$194.40 worth paying, provided you can hit S$800 spend.

  More to come?

By end of 2023, HSBC is promising to have  more than 20 airline and hotel transfer partners  available, at least eight more than it has now, so it will be interesting to see what the new options are in due course.

Fingers crossed for some useful additions like Turkish Miles&Smiles, Alaska Mileage Plan and Air Canada Aeroplan (some of these are already launch partners for the TravelOne card in Malaysia ).

Hopefully all these partners can also be added as options for other HSBC credit cards in future, not just the TravelOne card.

  Transfers are instant (or are they?)

One useful feature HSBC is promising with the TravelOne card is instant conversion from HSBC Rewards points to frequent flyer miles or hotel points.

This will be possible through the HSBC Singapore app ( App Store | Google Play ), and is currently exclusive to this card within the bank’s lineup.

Here’s HSBC’s step-by-step summary of how it will work.

There’s a little caveat, however, with a sneaky “or within one business day” get-out for the bank, plus if you’re transferring to Accor Live Limitless it will take up to five business days.

Air miles and hotel points redemptions will be completed instantly or within 1 business day. For Accor Live Limitless, it will take up to 5 business days. Please note that this list may be updated from time to time. HSBC

That could mean a Friday night transfer not crediting until Monday or Tuesday the following week in some cases.

It will be interesting to pick up some data points from readers on the actual transfer times in the months ahead – hopefully it is indeed simply instant!

↥  Minimum transfer quantity

The minimum transfer quantity is 25,000 HSBC Reward points, into 10,000 miles.

After that though, transfers can be made in 5 HSBC Reward point (2-mile) denominations.

That’s good news, because to unlock the sign-up bonus by spending S$800 you’ll accrue 960 miles for local spend (800 x 1.2) or 1,920 miles for FCY spend (800 x 2.4), in addition to the bonus itself.

That means you’ll have at least 20,960 miles and perhaps upwards of 21,920 miles in your rewards account for an exact spend of S$800 once the bonus miles come in, and thankfully you can transfer that exact quantity to miles, (since it’s greater than 10,000).

2-mile redemption blocks also avoids having ‘orphan miles’ stuck on your card, but only provided you keep your balance above 25,000 Reward points (10,000 miles) at all times.

Unfortunately HSBC does not allow you to combine points accrued on different cards, so if you have 24,999 HSBC Reward points on your TravelOne card it’s impossible to pool those with your Revolution card points, for example, to achieve a transfer.

  Free transfers till December 2023

Another good thing about the TravelOne card is that unlimited transfers to frequent flyer programmes are free of charge until 31st December 2023.

That can also help you split up your miles stash and transfer them into different FFPs, provided each transfer is at least 10,000 miles, without incurring any additional cost.

For example, if you accrue 22,000 miles you could transfer 10,000 into KrisFlyer and 12,000 into British Airways Avios if you wished, with no fees to pay for either transfer during the rest of 2023.

From 1st January 2024 it’s not clear whether HSBC will require TravelOne cardholders to subscribe to the HSBC Mileage Programme (S$43.20 per year for unlimited transfers), or charge a one-time fee for each transfer (typically S$25-27).

  Lounge access

The TravelOne card comes with  four complimentary lounge visits  per calendar year, under the DragonPass programme.

This includes a wide range of 1,300 lounges globally, with all 10 third-party options here in Singapore at Changi Airport accounted for.

The great thing about the lounge visits being based on  calendar year , assuming you pick up the TravelOne card in the coming months, is that you’ll be able to use up four visits in 2023, then a fresh four visit allowance will be loaded on 1st January 2024 for you to use next year.

If you then cancel the card before the second year annual fee is due – you’ve potentially scored eight lounge visits in your first card membership year (for your single S$194.40 annual fee).

Lounge visits can only be used by the principal cardholder, and unused visits do not carry over to the next calendar year. Terms and conditions are available here .

  HSBC Reward points expire

HSBC Reward points expire at the end of a 37-month period commencing from the month subsequent to the month in which such points were awarded.

That gives you three years and one month of validity. For example any points awarded in May 2023 will expire on 30th June 2026. Something to bear in mind with this card, especially once the (unknown) miles transfer fee kicks in next year.

  Other benefits

• Travel insurance Complimentary travel insurance coverage (including COVID-19) of up to US$100,000 for you and your family when you charge the full cost of your air ticket to the card. Full policy wording here .
• Mastercard Travel Rewards Cashback and discounts in-store and online at several retailers worldwide. Details here .
• Mastercard Priceless Specials A range of offers and benefits from Mastercard, like 3 nights for 2 at selected hotels. Details here .

HSBC has launched the TravelOne credit card in Singapore, which is a good general spend option with a typical earn rate for local spend (1.2 mpd) and arguably a more decent one than most cards offer for transacting in foreign currency (2.4 mpd).

While this clearly doesn’t eclipse specialised bonus 4 mpd or 6 mpd cards, as an uncapped general spend option it’s not a bad one .

The sign-up bonus of 20,000 miles for payment of the annual fee and a moderate spend in the first full calendar month after approval means buying miles at an attractive 0.97 cents each, and is also available to existing cardholders, plus there are up to eight lounge visits in your first card membership year – if you play it right.

The big benefit though is a myriad of new transfer partners across the main alliances, with more supposedly to come later this year, though this will only be truly useful if the list can be tapped by those holding other HSBC credit cards in Singapore – especially the 4 mpd Revolution card .

What do you think of the new HSBC TravelOne credit card? Let us know in the comments section below.

(Cover Photo: Shutterstock)

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11 May 2023

HSBC launches new TravelOne credit card

HSBC Singapore announced today the launch of the new HSBC TravelOne credit card, tailored for travel enthusiasts who want greater flexibility, convenience and incentives as they embrace new experiences in the post-pandemic travel boom.

Launched in partnership with Mastercard and powered by both Mastercard Reward System and Ascenda, the HSBC TravelOne credit card offers an easy rewards redemption experience with a wide range of international airlines and hotel partners via the HSBC Singapore mobile application.

HSBC is the first in Singapore to offer customers the convenience of instantly redeeming their card reward points for a wide range of airline miles and hotel stays via their mobile.

Ashmita Acharya, Head of Wealth and Personal Banking, HSBC Singapore, said, “We are seeing a resurgence in overseas travel by our customers from Singapore who, post-pandemic, are embracing the freedom to travel again. Credit cards continue to be valued by customers traveling internationally, and the HSBC TravelOne credit card allows customers to easily redeem travel rewards and manage their payments flexibly all from the convenience of the HSBC mobile banking app. Alongside products and services such as HSBC Global Money Transfers, we are delighted to provide our customers with more choice and convenience for their international transactions.”

Travel roars back

According to the latest Mastercard Economics Institute report, daily outbound air travel bookings have consistently exceeded pre-pandemic averages since May 2022. The strong bookings momentum suggest much more room for resident departures in 2023 as more flight capacity is brought back online and ticket prices cool. Total resident departures have recovered to 5.2 million in 2022 compared to 830,000 in 2021 and 1.5 million in 2020. 1 Average spend per trip for 2022 was also similar to that of 2019. In 2022, travelers from Singapore said they will likely spend $3,468 on international travel over the year, similar to how much they spent in 2019 ($3,547 on average) 2 .

Deborah Heng, Country Manager, Singapore, Mastercard, said, “With travel demand recovering strongly and continuing to grow, Mastercard is proud to partner with HSBC to introduce the HSBC TravelOne credit card which is set to revolutionise travel with exclusive benefits and digital features for cardholders that cater to their travel preferences and needs. Cardholders can instantly redeem their rewards wherever and whenever they choose, enjoy easy access to airport lounges enabled by the Mastercard Travel Pass and have the option of flexible payments, all while being ensured secure transactions anywhere, anytime. The HSBC TravelOne credit card is set to provide unprecedented frictionless and safe travel experiences for cardholders in Singapore.”

Deepening capabilities to provide customers seamless experience and access to international banking and payment solutions

HSBC Singapore has introduced more than 70 transactional banking, wealth management and customer servicing features on its mobile app since 2020. In March, HSBC Singapore also introduced a new capability, International Credit History , which enables the Bank to use customers’ overseas credit bureau report in key markets including India, Australia and the UK.

Media enquiries to:

Betty Fong | +65 6658 4103 | [email protected]

Note to editors:

1. Key features of the HSBC TravelOne Credit Card include: 

• The HSBC TravelOne Credit Card will bring together more than 20 international airline programmes and three global hotel chain partners on a single credit card platform by end of 2023.
• At launch, there are
• Nine participating international airline programmes: Air France – KLM Flying Blue; airasia rewards; British Airways Executive Club; Cathay Pacific Asia Miles; Etihad Guest; EVA Air Infinity MileageLands; Qantas Frequent Flyer; Singapore Airlines KrisFlyer; Vietnam Airlines Lotusmiles:
• Three participating global hotel partners: ALL-Accor Live Limitless; IHG One Rewards; Marriott Bonvoy.
• Primary cardholder is entitled to 4 complimentary visits per year to over 1,300 airport lounges around the world.
• Complimentary travel insurance coverage (including COVID-19) of up to USD100,000 for you and your family.
• Earn accelerated points: Earn 1.2 miles per SGD1 charged on purchases in Singapore; earn 2.4 miles per SGD1 charged on purchases overseas.

2. HSBC TravelOne Credit Card Reward Points Programme T&Cs apply. Visit  www.hsbc.com.sg/travelone for more details

HSBC TravelOne credit card offers customers instant travel rewards redemption via the HSBC mobile banking app.

About HSBC Singapore

HSBC opened its first branch in Singapore in 1877. A qualifying full bank serving international needs of individual, corporate and institutional clients, HSBC in Singapore offers a comprehensive range of banking and financial services including retail banking and wealth management; commercial, investment and private banking; insurance; forfaiting and trustee services; securities and capital markets services. It was recognised by Asiamoney as “Best International Bank in Singapore” in 2022.

About The Hongkong and Shanghai Banking Corporation Limited

HSBC Holdings plc, the parent company of HSBC, is headquartered in London. HSBC serves customers worldwide from offices in 62 countries and territories. With assets of US$2,990bn at 31 March 2023, HSBC is one of the world’s largest banking and financial services organisations.

About Mastercard (NYSE: MA) www.mastercard.com

Mastercard is a global technology company in the payments industry. Our mission is to connect and power an inclusive, digital economy that benefits everyone, everywhere by making transactions safe, simple, smart and accessible. Using secure data and networks, partnerships and passion, our innovations and solutions help individuals, financial institutions, governments and businesses realize their greatest potential. With connections across more than 210 countries and territories, we are building a sustainable world that unlocks priceless possibilities for all.

About Ascenda

Ascenda powers innovative premium rewards programs that accelerate the growth of financial services. The company delivers easy-to-deploy rewards infrastructure to rapidly scale acquisition, card spending, cross-selling, and retention. Serving major financial services brands and disruptive fintechs across the globe, Ascenda’s clients include HSBC, Brex, Virgin Money, American Express, and Capital One.

For more information about Ascenda, please visit ascendaloyalty.com .

1 Outbound Departures Of Singapore Residents By Mode Of Transport , Singapore Department of Statistic.

2 Consumer travel spend priorities 2022: How fintech is supporting industry renewal, Amadeus.

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During sakura season in Japan, my social media feed literally turned pink with the flurry of posts from friends who were “revenge travelling” and finally embarking on the long-awaited holidays they’ve put on hold due to Covid-19.

With most countries having lifted Covid-19 restrictions — the most recent being Japan on 29 April 2023 — travel is back in full force. And yes…If you’re thinking of feasting on seafood in Hokkaido, shopping in Bangkok or witnessing the northern lights in Iceland, now’s the time!

Travel priorities in the new normal

While I’m extremely glad that I can hop on a plane to explore the world again, there’ve been some changes to travel in this post-pandemic “new normal”.

For one, flight prices have been soaring. Last I checked, it was practically impossible to get flights to Japan for under $1,000 on a non-budget airline. Some airlines even sell economy tickets for $4k a pop!

In addition, travel in the past two years was much more troublesome with more procedures such as taking a pre-flight antigen test and filling of forms. Thank goodness most of this has been removed! However, it’s a stark reminder of how fragile our ability to explore the world can be.

Nowadays, I travel at a slower pace in order to discover hidden gems, indulge in private dining experiences, and go on customised cultural tours guided by locals who really know their stuff.

It’s not just me. A recent study by Virtuoso found that 80% of travellers prefer to spend more on tailored products or programmes, and more want authentic and exclusive experiences, as well as flexibility when travelling.

When I revisited Barcelona and Paris, learning about Gaudí’s life on a museum tour made me better appreciate his distinct architecture that is characteristic of much of Barcelona’s attractions. In one of Paris’ underrated gems, the Buttes-Chaumont Park, I had a friendly conversation with a curious local uncle. This November, I can’t wait to experience Japan’s beautiful autumn momiji leaves in their full fiery splendour.

And one essential I’d never leave the country without is a credit card that gives me good travel rewards — such as the new HSBC TravelOne Credit Card launched earlier in May.

For example, I might suddenly realise that a day trip out may not be enough and I might want to book a hotel on the fly. Or I may decide to take a quick break from work and hop on a plane. Having access to instant rewards redemption (9 partner airlines and 2 hotel groups) would definitely give me that much-needed flexibility! 

HSBC TravelOne: Instant reward redemption +  

The most useful feature of a travel card is, of course, gaining miles from spending.

We all know it can be a test of patience to exchange miles points which can sometimes take anywhere from two to 14 working days. Meanwhile, the award flights are slowly running out and the next thing you know it, the date and time you want is gone.

One of the biggest benefits of the HSBC TravelOne Credit Card is that you’re able to redeem your points instantly through your HSBC Singapore mobile banking app . What’s more, a unique benefit is that HSBC has partnered with 9 partner airlines and 2 hotel groups including global hotel chains, so you’ll have a wide variety of merchants to redeem rewards from. There will be more partners coming on board by end-2023.

We heard that the TravelOne Credit Card is now the number one card in terms of the number of partner airlines and hotel groups. This means you can get the most out of the card, and have access to the largest variety of rewards that you can instantly redeem. Plus points for flexibility!

HSBC TravelOne: Accelerated points #  

You can also earn accelerated points for overseas spending (one of the highest) and local spending. Here’s the breakdown:

• 2.4 miles (6x Reward points) per S$1 charged on foreign currency spend;
• 1.2 miles (3x Reward points) per S$1 charged on local spend

HSBC Points are valid for 37 months and the redemption fee is waived until 31 Dec 2023.

With these perks, the new HSBC TravelOne Credit Card certainly becomes one of the most attractive travel and miles cards out there!

HSBC TravelOne: Travel privileges

Ever felt there was no time to properly make use of the travel perks that credit cards offered? Me too, but I can surely appreciate the ones that come with the HSBC TravelOne Credit Card.

If only the credit card existed when I travelled to Seoul one unseasonably hot and humid summer. My flight back was only at night, waaaay after I’d checked out of my hotel. By the time I arrived at the airport, I was uncomfortably hot and sweaty with no access to lounge facilities.

Won’t be making that mistake again with the HSBC TravelOne Credit Card!

It offers a suite of travel privileges such as up to four complimentary airport lounge visits annually via HSBC TravelOne Credit Card Mastercard Travel Pass (MTP) by DragonPass for primary cardholders.

Other benefits include discounts for hotel bookings and complimentary travel insurance coverage ^ (including for Covid-19) of up to USD100k for you and your family when the cardholder charges the full cost of the air ticket to HSBC TravelOne Credit Card. 

HSBC TravelOne: Flexible payments

If you’ve ever taken your whole family on a big vacay, you’ll know that it can be pricey. Now, with flight prices up, making holiday plans to popular destinations and during peak seasons is painful on the wallet.

The HSBC TravelOne Credit Card can ease the pinch of such hefty holidays. Cardholders can choose to split their purchases and enjoy flexibility, interest-free with PayLater and Card Instalment Payment Plan. Also, with HSBC Spend Instalment, cardholders can combine multiple credit card transactions into a single instalment plan (minimum S$500) and spread the repayment over 12 months, interest-free.

Note that a processing fee may be levied for Spend Instalment (varies at customer level).

Even if you have enough cash in your bank to splash, think beyond affordability. Having access to an interest-free payment plan helps you manage money wisely so that you can continue to prioritise your ongoing investments, while keeping more cash on hand to capitalise on market opportunities instead of blowing a lump sum at one go.

Earn as you enjoy

The HSBC TravelOne Credit Card is the perfect card that offers frequent flyers a lot of flexibility — to redeem, to relax, and to pay.

With instant rewards redemption with an extensive selection of airline and hotel partners, an earn rate of up to 2.4 miles, 4x complimentary lounge visits annually, complimentary travel insurance (including Covid-19), the HSBC TravelOne Credit Card’s pretty way up there as far as miles cards go, perfect for the frequent travellers and shoppers!

As for myself, with three upcoming trips planned for the year, I’m more than excited to take advantage of the lounge access and get my rewards as I spend.

Going on that trip soon? Now you can unlock a whole new world of travel flexibility and benefits with the new HSBC TravelOne Credit Card .

+ Air miles and hotel points redemptions will be completed instantly or within 1 business day. For Accor Live Limitless, it will take up to 5 business days. Please note that this list may be updated from time to time.

#  HSBC TravelOne Credit Card reward points programme terms and conditions apply.

* SGD deposits are insured up to S$75k by SDIC. HSBC Everyday+ Rewards Programme Terms and conditions apply.

^ Travel insurance coverage is underwritten by HSBC Life (Singapore) Pte. Ltd. HSBC Bank (Singapore) Limited is not the underwriter nor the distributor for this insurance plan. It is not an obligation of, deposit in or guaranteed by HSBC Bank (Singapore) Limited (Company Registration No. 201420624K).

~Welcome Gift: Applicable when you apply for a TravelOne Credit Card from 11 May to 31 August 2023, spend at least S$800 in eligible spend within the qualifying spend period, pay the annual fee of S$194.40 (inclusive of GST) and provide marketing consent to HSBC. Please refer to full terms and conditions here .

This post was written in collaboration with HSBC. While we are financially compensated by them, we nonetheless strive to maintain our editorial integrity and review products with the same objective lens. We are committed to providing the best information in order for you to make personal financial decisions with confidence. You can view our  Editorial Guidelines here .

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Redeem miles on the go and enjoy even more getaways: how to travel smarter and make every dollar count, explorers can rediscover the world easier than ever with the new hsbc travelone credit card’s instant reward redemption, accelerated earn rate and other privileges.

If the recent reports on international tourism rebounding strongly and on track to returning to its pre-pandemic levels in 2023 are any indication, travellers are now planning their holidays and getaways in full force. And with most countries dropping travel restrictions, explorers are taking full advantage to discover – or rediscover – the world. 

Ms Ashmita Acharya, Head of Wealth and Personal Banking, HSBC Singapore, agrees, saying: "We are seeing a resurgence in overseas travel by our customers from Singapore who, post-pandemic, are embracing the freedom to travel again."

According to her, they continue to value credit cards when travelling overseas.

For those looking to make up for the years of restricted travel, the new HSBC TravelOne Credit Card is the new must-have companion. It is the first in Singapore that offers an instant reward redemption of airline miles and hotel points through the HSBC Singapore mobile app, and an extensive selection of airline and hotel partners to enable cardholders to unlock a world of travel freedom.

"The HSBC TravelOne Credit Card allows customers to easily redeem travel rewards and manage their payments flexibly, all from the convenience of the HSBC mobile banking app. Alongside products and services such as HSBC Global Money Transfers, we are delighted to provide our customers with more choice and convenience for their international transactions," adds Ms Acharya.

Here are three ways travellers can make the most out of their globetrotting experiences with the HSBC TravelOne Credit Card on hand.

Visit more exotic destinations with instant reward redemption +

With the HSBC TravelOne Credit Card, travellers enjoy instant reward redemption starting  with nine airline partners and two hotel partners . There will be a total of more than 20 airlines and hotel partners by the end of the year.

This means greater freedom than ever to explore far-flung cities and off-the-beaten locations that are within easy reach through the redemption of HSBC TravelOne Credit Card reward points to miles with a wide range of airlines to choose from.

It could bring you to Italy, where you can check out cities like Turin and Cremona, known for their art museums and violin-making craftsmanship respectively. Prefer the wintry lands? Visit Iceland and don’t miss the Black Sand Beach, a stunning volcanic landscape where basalt rock formations meet foaming seas.

Equally as beautiful are the sprawling lavender fields in Tambara Lavender Park in the Kanto region of Japan, where approximately 50,000 lavender plants of different varieties come into bloom from July to August.

Complement your travels with stylish stays at hotels like 101 Hotel Reykjavik, Iceland’s first boutique hotel; or Hotel Indigo in Turin, which provides all the modern amenities set in the old world charm of the city. With instant reward redemption at partner hotel groups like Marriott Bonvoy and IHG Rewards One, you’ll get a comfortable stay no matter where your adventures take you.

As we continue to serve the broad range of financial needs of our customers in Asia, we are building innovative products and services that enable them to spend on experiences that matter most to them and their families, with the ease and streamlined experience that technology brings.

Earn more points for every dollar spent

With rising costs, most people want to nab the best deals. 

With the HSBC TravelOne Credit Card, you can maximise your spending with the card's generous accelerated earn rate of up to 2.4 miles per $1 charged # . This means you can earn points quickly that can in turn, be redeemed for more air miles or rewards to be used at your next destination. With the June and September holidays, those travelling with little ones can leverage this feature to get the best deals for the whole family.

An added bonus: HSBC TravelOne cardholders can earn cashback and miles simultaneously. Simply sign up for the HSBC Everyday Global Account (EGA) and qualify for the HSBC Everyday+ Rewards Programme to earn an additional 1 per cent cashback on all card spending.*

For those travelling with extended family or in a big group, download the ENTERTAINER with HSBC app and use it to enjoy one-for-one offers locally and overseas, including stays at over 175 hotels around the world. They include the five-star Chatrium Hotel Riverside Bangkok and family-friendly The Alena Resort Ubud in Bali.

For a limited time only, HSBC cardholders, including holders of the HSBC TravelOne Credit Card, get to enjoy discounts for international flights via Skytrax 5-Star Eva Air to popular destinations like Taipei, Paris and New York, and hotel bookings via the Traveloka and Agoda apps.

Enjoy complimentary travel insurance, lounge visits and more

You’d be surprised by how being familiar with your card privileges can help to preempt any potential mishaps and even elevate a holiday. For example, charge the full cost of your and your family’s air tickets to your HSBC TravelOne Credit Card and enjoy complimentary travel insurance coverage^ (including Covid-19) of up to US$100,000. 

Connecting flight delay or long layovers? The four annual complimentary lounge visits for primary cardholders via the Mastercard Travel Pass (MTP) by DragonPass ensure that you arrive at your destination in comfort and style.

And even if you decide to unwind in Singapore during the school holidays, the ENTERTAINER with HSBC app also gives you access to over 1,000 one-for-one offers worldwide on dining, leisure, attractions and wellness choices, so you have the flexibility to shape your local and overseas holiday adventure the way you want it. You even have the option to split payments flexibly.

Says Mr Nuno Matos, Chief Executive Officer, Wealth and Personal Banking, HSBC: "South Asia’s economies continue to grow, with increased consumer demand for travel and leisure, following the pandemic. As we continue to serve the broad range of financial needs of our customers in Asia, we are building innovative products and services that enable them to spend on experiences that matter most to them and their families, with the ease and streamlined experience that technology brings.

"With our innovations such as the HSBC TravelOne Credit Card, we aim to achieve strong growth in our lending solutions in South Asia in the next five years."

With the HSBC TravelOne Credit Card, avid travellers can unlock a world of travel freedom. Exclusive welcome offer when you apply – get 20,000 air miles (awarded in the form of 50,000 reward points) ~ . Plus, no miles conversion fee for a limited period till Dec 31, 2023.

Find out more at  www.hsbc.com.sg/travelone .

Terms and Conditions apply.

+ Air miles and hotel points redemptions will be completed instantly or within 1 business day. For Accor Live Limitless, it will take up to 5 business days. Please note that this list may be updated from time to time.

# HSBC TravelOne Credit Card reward points programme terms and conditions apply. 

*SGD deposits are insured up to $75k by SDIC. HSBC Everyday+ Rewards Programme Terms and Conditions apply.

^Travel insurance coverage is underwritten by HSBC Life (Singapore) Pte. Ltd. HSBC Bank (Singapore) Limited is not the underwriter nor the distributor for this insurance plan. It is not an obligation of, deposit in or guaranteed by HSBC Bank (Singapore) Limited (Company Registration No. 201420624K).

~ Welcome Gift: Applicable when you apply for a TravelOne Credit Card from May 11 to Aug 31, 2023, provide marketing consent to HSBC, make a minimum eligible spend of $800 within qualifying spend period and annual fee payment.

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Review: HSBC TravelOne Card Singapore

The HSBC TravelOne Card has emerged as a notable option for travelers in Singapore, catering to those seeking a mix of travel perks and rewards. As a comprehensive miles card, it joins the competitive market with promises of seamless miles accumulation, an array of travel benefits, and the flexibility of multiple transfer partners, distinguishing itself within a crowded field. The card targets a broad audience, from frequent flyers to occasional vacationers, aiming to enhance their travel experience with benefits like lounge access and travel insurance coverage.

Our analysis of the HSBC TravelOne Card covers its core attributes, from the application process to the day-to-day user experience. We assess the rewards system, which includes the card’s earn rate on local and overseas expenditure, and evaluate the practicality of benefits against its fee structure. Comparisons with other travel cards in the market are essential to gauge where the HSBC TravelOne stands, and determine whether it offers competitive advantages to warrant its place in a traveler’s wallet.

Key Takeaways

• The HSBC TravelOne Card is tailored for travelers, with benefits such as travel insurance and lounge access.
• It offers a competitive miles earn rate and has a wide range of transfer partners.
• The card’s varied perks should be weighed against its fees to assess overall value.

Key Features of HSBC TravelOne Card

We observe that the HSBC TravelOne Card is equipped with a variety of features tailored for travel and general expenses. Here, we discuss some of its key attributes.

• Lounge Access : Cardholders are entitled to four lounge visits per calendar year, effectively providing eight visits in the first year of membership due to the way the allowance is structured annually.
• Points Conversion : Users enjoy instant points conversions. Additionally, there are no conversion fees for this service until the end of the year 2023.
• Complimentary travel insurance coverage is included with the card.
• Exclusive cashback and discount offers are available globally across dining, lifestyle, and more.
• Miles Earn Rate : The card offers a decent earn rate for miles accumulated through purchases, which can then be redeemed with a selection of 12 travel partners including airlines and hotels.
• Welcome offers or promotional rewards are periodically available for new users who meet certain spending requirements.
• The card lacks a bonus earn category, which means that all expenses are rewarded at the same rate without any special boosts for certain categories of spending.

Our insights emphasize that the HSBC TravelOne Card is a compelling choice for individuals who frequently travel and wish to accrue travel-related rewards, although it is important to be aware of the lack of points pooling feature. The absence of this can affect how rewards are managed between different cards from the same issuer.

Eligibility and Application Process

Our HSBC TravelOne Card targets a specific clientele, ensuring eligibility criteria are met and applicants are informed about the necessary documentation and procedure to smoothly apply for the card.

Eligibility Criteria

To apply for the HSBC TravelOne card, there are certain prerequisites you must meet:

• Age : You must be at least 21 years of age.
• For Singaporean or Permanent Residents : A minimum annual income of SGD30,000.
• For Self-employed or Commission-based Singaporeans or Permanent Residents : A minimum annual income of SGD40,000.

Application Procedure

To get started with your application for an HSBC TravelOne card, follow these steps:

• Visit the Official Website : Go to the HSBC Singapore website dedicated to the HSBC TravelOne credit card.
• Fill Application : Complete the online application form with all the required personal and financial details.
• Submit Application : Review your details for accuracy and submit your application online.

Required Documents

When you apply for the HSBC TravelOne Card, you need these documents:

• Proof of Identity : A copy of your NRIC or passport.
• For salaried employees: Latest 3 months’ payslip or latest Notice of Assessment (NOA).
• For self-employed: Last 2 years’ NOA and bank statements.

Rewards and Benefits

In our comprehensive review, we cover the various rewards and benefits that the HSBC TravelOne Card offers. Specifically focusing on travel rewards, complementary travel insurance, and lifestyle benefits that enhance the cardholders’ experiences.

Travel Rewards System

The HSBC TravelOne Card comes without designated bonus point categories, but it offers a substantial travel rewards system. Cardholders earn points for every dollar spent, which can be redeemed for flights, hotel stays, and other travel-related expenses. Additionally, points can be redeemed instantly through HSBC’s mobile banking app in Singapore.

Complimentary Travel Insurance

When traveling, cardholders can have peace of mind knowing that the HSBC TravelOne Card includes complimentary travel insurance. This coverage extends to various travel-related mishaps and includes benefits such as:

• Medical and Personal Accident : Coverage for medical expenses and personal accidents while abroad.
• Travel Inconveniences : Compensation for travel delays, lost baggage, and other inconveniences.

Lifestyle Benefits

Beyond travel, the HSBC TravelOne Card enriches users’ lifestyles with additional advantages:

• Dining Privileges : Exclusive dining offers at selected restaurants.
• Entertainment Perks : Special deals at entertainment venues, including movie theaters and live events.

By offering these hotel, dining, and entertainment benefits, the card transcends just travel-focused rewards, making it versatile in its appeal.

Fees and Charges

In this section, we’ll outline the specifics of fees and charges associated with the HSBC TravelOne Card. Understanding these costs is vital for effective financial management.

Annual Fees

The HSBC TravelOne Card carries an annual fee of S$194.40 . It’s a common fee range for entry-level credit cards in Singapore. However, in the second year and thereafter, if you spend over SGD25,000 annually , this fee may be waived.

Foreign Transaction Fees

For transactions made in foreign currencies, the HSBC TravelOne Card typically includes additional costs. While specific percentages are not listed, such fees typically range from 2.5% to 3.5% of the transaction amount.

Other Associated Costs

There are several other potential costs to consider:

• Late payment fees
• Overlimit fees
• Cash advance fees

Each of these will vary based on the actual usage and the terms of service defined by HSBC. It’s crucial to review the cardholder agreement for the most accurate figures.

Interest Rates and Financial Charges

When considering the HSBC TravelOne Card, it’s essential for us to understand the various interest rates and financial charges that apply. We’ll cover the specific rates for purchases, cash advances, and the costs associated with late payments to ensure clear and accurate financial planning.

Interest on Purchases

With the HSBC TravelOne Card , the interest rate on purchases is calculated if the outstanding balance is not paid in full by the due date. The effective interest rate is 25.9% per annum. It’s critical to pay the balance promptly to avoid these charges.

Interest on Cash Advances

For cash advances, a higher interest rate is typically charged from the date of the transaction until the amount is paid in full. As of the latest update, the effective interest rate for cash advances on the HSBC TravelOne Card is set at 26.9% per annum, but with effect from January 8, 2024, this will increase to 27.8% per annum.

Late Payment Charges

We must also note that late payments incur charges. For the HSBC TravelOne Card, if the minimum payment isn’t received by the due date, a late payment charge of S$55 is levied. Ensuring timely payments is crucial to avoid these additional costs.

Cardholder User Experience

In reviewing the HSBC TravelOne Card, we focus on the aspects of customer service, the online banking platform, and mobile app functionality, as these are critical components that impact the daily usage and satisfaction levels for cardholders.

Customer Service

We find that the customer service provided for HSBC TravelOne cardholders is efficient and responsive. Assistance is available through multiple channels, including phone support and email, which offers convenience and ease in addressing any concerns or questions that may arise.

• Phone Support: Quick response times with knowledgeable representatives.
• Email: Clear and timely communication, typically within standard business hours.

Online Banking Platform

HSBC’s online banking platform for the TravelOne card is designed to be user-friendly and secure. Our experiences include:

• Dashboard: Intuitive and easy-to-navigate interface.
• Transactions: Real-time tracking and monthly statement breakdowns are readily accessible.

Mobile App Functionality

The HSBC Singapore mobile app enhances the user experience by offering robust features for TravelOne cardholders.

• Mobile Payments: Seamless integration with digital wallets for contactless payments.
• Account Management: Real-time alerts, card blocking, and simple transaction categorization.

Comparison with Other Travel Cards

In comparing the HSBC TravelOne Card with its peers, we find distinct advantages and areas where it may not measure up. Points accrual, transfer options, and lounge access are primary factors we consider.

• Points Accrual: The HSBC TravelOne Card offers a competitive earn rate on general spending, and though it may not lead the pack, the absence of conversion fees (until the end of 2023) improves the overall value proposition.
• Transfer Partners: Our card stands out with a wide range of transfer partners, a feature particularly important for travelers seeking flexibility in redeeming miles across various airlines and hotels.
• Lounge Access: Compared to competitors, the HSBC TravelOne Card provides a notable number of lounge visits, which enhances the travel experience for cardholders without the need for a premium card.

We also emphasize the travel insurance benefits included with the HSBC TravelOne Card. While travel insurance is relatively common across travel cards, the coverage specifics can vary, and we believe our cardholders appreciate the assurance that comes with comprehensive coverage.

Here’s a brief comparison with two major competitors:

In essence, the HSBC TravelOne Card is tailored for travelers who value a balance between earn rates and travel perks. While it may not outshine in every category, its broad list of partners and travel benefits make it a formidable option within our market.

Pros and Cons

When considering the HSBC TravelOne Card, we identify a range of features that will appeal to frequent travelers as well as some limitations that need to be taken into account.

• Mileage Earn Rates : The card offers respectable miles earn rates, which can be beneficial for individuals who spend regularly and wish to accumulate travel miles.
• Annual Fees : We note that the card may offer low or no annual fees, easing the cost burden for cardholders.
• Travel Benefits : A variety of travel-related benefits are attached to the card, including lounge access that enhances the airport experience.
• Partnerships : With a suite of travel partners, cardholders can enjoy increased flexibility and options for using their earned miles.
• Sustainability Initiatives : An alliance with One Tree Planted allows for environmental contributions, letting cardholders use points to make a positive impact.

Disadvantages

• Points Pooling Feature : The card currently does not offer points pooling, potentially limiting the value for those who manage multiple accounts.
• Travel Insurance : Details regarding travel insurance coverage are not provided, it’s recommended to verify if the coverage meets one’s personal requirements.
• Lounge Access : While some lounge visits are included, limitations apply which may not satisfy all users’ needs.

Final Verdict

We’ve assessed the HSBC TravelOne Card’s features and offerings, focusing on the preferences and habits of frequent travelers. Our analysis leads us to several key points:

• Transfer Partners: A diverse range of transfer partners positions the TravelOne Card as a strong contender in the flexible rewards space.
• Conversion Fees & Lounge Access: No conversion fees until the specified date and twice the lounge visits compared to similar cards signal considerable added value.
• Miles Earn Rates: A rate of 1.2 miles per dollar (mpd) on local spend and 2.4 mpd on foreign currency spend ranks this card competitively.
• Travel Insurance: The inclusion of free travel insurance provides peace of mind.
• Dining & Lifestyle Benefits: Offers on dining and lifestyle internationally bring additional utility to the card.

Given these attributes, the card suits globetrotters seeking to combine everyday spending with travel rewards. However, it is important for potential cardholders to evaluate their spending patterns against the card’s benefits to optimize rewards.

Our examination remains impartial, steering clear of overstatements. We present the TravelOne Card as a solid option, yet we highlight the importance of individual financial circumstances in determining its overall value.

7 Best Rewards Credit Cards in Singapore (2024): Citibank, OCBC, DBS & More

If you love collecting points and redeeming them, a rewards credit card will give you some added life satisfaction.

These days, there’s a lot more in banks’ rewards catalogues than boring old NTUC vouchers. You can redeem your accumulated points for cash rebates, air miles, nifty gadgets, and dining vouchers at fancy schmancy restaurants.

But with the dizzying number of rewards credit cards out there, comparing them all can be an insurmountable task. To save you the headache, we've compiled the best rewards credit cards for online spend, overseas spend, and day-to-day expenses.

7 Best Rewards Credit Cards in Singapore (2024)

• Summary: Best rewards credit cards in Singapore (2024)
• Citibank Rewards Card
• OCBC Titanium Card
• DBS Woman's Card
• Standard Chartered Rewards+ Card
• HSBC Revolution Card
• UOB Preferred Platinum Card
• UOB Lady's Card
• Who should use a rewards card?
• How do rewards cards work?

1. Summary: Best rewards credit cards in Singapore (2024)

We derived this list by comparing the bonus spend category, the bonus earn rate for spend in those categories, the cap on how much you can spend on the bonus categories, and the expiry of the points you accumulate.

All the credit cards mentioned on the list are also relatively accessible and are suitable as entry-level credit cards to start off with. Let's dive into the details.

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2. Citi Rewards Card

How many citi rewards points can i earn.

At the moment, the Citi Rewards Card offers a generous up to  10X rewards (or 4 miles) per $1 spend with no minimum spend require.

However, there’s also a monthly expenditure cap of $1,000 on the 10X points, meaning that the maximum you can earn in a month is  10,000 points . So if you know you'll spend more than $1,000 in a month, other cards with higher monthly points caps may be more worth your while.

Where can I earn Citi rewards points?

You get points for spending on online purchases (including food and grocery delivery), physical retail stores, and ride-hailing. That makes the Citi Rewards Card a top choice for an everyday card, and perfect for those who buy everything online.

What can I redeem my Citi rewards points for?

When you get a rewards card, you definitely want to browse through the bank's rewards catalogue to know exactly what your points can get you. The  Citi Rewards catalogue is filled with things you would actually want to spend your hard-earned points on, from Apple products to Amazon Points. So don’t worry about having to begrudgingly exchange your points for Popular Bookshop vouchers.

What are the Citi Rewards Card's income requirements?

The Citi Rewards Card is a suitable entry-level card with a minimum income requirement of $30,000 for Singaporeans and PRs, and  $42,000 for non-Singaporeans.

3. OCBC Titanium Card

How many ocbc rewards points can i earn.

The OCBC Titanium Card offers 10x rewards points (or 4 miles) for every $1 spent on eligible online and retail purchases, and 1x points on all other spending. Additionally, the OCBC Titanium comes with some extra perks. These include a 2% cash rebate when you shop at Best Denki, up to 14% discount at Esso stations, and up to 16% discount at Caltex stations with the stations' onsite discounts.

There's a  monthly cap of 10,000 bonus points , which is equivalent to a spend cap of $1,110 per calendar month.

OCBC used to have an annual cap of 120,000 bonus points, but they changed this to a monthly cap in Nov 2023. Unfortunately, that removes one of the advantages of the card—an annual (instead of monthly) cap is perfect for big expenses. For instance, if you buy a new sofa online worth $3,o00, the Citibank Rewards Card will only earn you rewards points on the first $1,000 spent. Comparatively, the pre-Nov 2023 OCBC Titanium Card would have given you rewards points on the full $3,000 spent.

Where can I earn OCBC rewards points?

You only enjoy the maximum earn rate if you spend at a store on their list of merchants , so it pays to check beforehand. You might notice the list is full of Merchant Category Codes (MCC)—read our guide to MCCs for more details.

OCBC has also identified a few merchants at which you can earn bonus points by name, including: Guardian, Shopee, Lazada, Taobao, Amazon, NTUC, and Watsons.

What can I redeem my OCBC rewards points for?

OCBC rewards are extremely bare bones. You’re basically forced to choose between air miles and cash.

What are the OCBC Titanium Card's income requirements?

4. dbs   woman’s card, how many dbs rewards points can i earn with the dbs woman’s card.

If all your transactions take place online, the DBS Woman’s Card is a good rewards card to have as it offers 5 points for every $5 you spend on online . The 5X bonus points only apply to the first $1,000 you spend online in a calendar month . Do note that the DBS points are awarded in blocks of $5 spent, while miles are awarded per dollar—2 miles for every $1 spent.

If you have an income of at least $80,000 per annum, skip the DBS Woman’s Card and sign up for the DBS Woman’s World Card instead to get double the earn rate on online spend: 10X DBS Points per S$5, and 4 miles per S$1. The DBS Woman's World Card also has a higher spend cap of $1,500. You'll earn bonus DBS points on the  first $1,500 you spend online in a calendar month —equivalent to 3,000 points or 6,000 miles.

Where can I earn DBS rewards points?

The card’s definition of "online spending" is extremely broad, and includes everything from online grocery delivery to GrabPay credits. So, in essence, the card could potentially reward you for the bulk of your spending.

On the downside, the DBS rewards points are the fastest to expire (just 1 year!) compared to the other rewards' credit cards. However, if you grocery shop for your household, you can redeem those points every now and then for NTUC vouchers which will come in very handy.

What can I redeem DBS points for?

The DBS rewards catalogue has a decent selection of dining and retail merchants you can redeem your points at. These include Apple products, dining credits at Crystal Jade restaurants, and the usual culprits like NTUC, CapitaMall, and Takashimaya vouchers.

Who is eligible for the DBS Woman’s Card?

5. standard chartered rewards+ card.

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Where can I earn Standard Chartered rewards points?

How many standard chartered rewards points can i earn.

You get up to 10x rewards points (or 2.9 miles) per S$1 on foreign currency, including online spend . So if you're in the midst of planning your holidays , the Standard Chartered Rewards+ Card is one of the best credit cards you can bring along.

ALSO READ :  Best Travel Destinations and What To Do There, According to MoneySmart Staff

If you haven't been touched by the travel bug, the card Standard Chartered Rewards+ Card isn't going to be as useful for you. While it does earn you  5x rewards points (or 1.45 miles) per $1 spent   on local dining , which other cards like the Citi Rewards Card definitely beat.

Another possible disadvantage to the Standard Chartered Rewards+ Card is the  low annual cap of 20,000 points .

What can I redeem my Standard Chartered rewards points for?

Here's  Standard Chartered's rewards catalogue . Not as exciting as Citibank's, but there are some restaurants, shopping mall and staycation vouchers that could be fun.

When do Standard Chartered rewards points expire?

Standard Chartered rewards points expire within 3 years from the date you opened the credit card account , not within 3 years from the date you earned them. This can be little confusing, so let us break it down for you. When it comes to their rewards points' expiration, Standard Chartered identifies 2 periods:

• Initial period : 3 years from the date you open your Standard Chartered credit card account.
• Further period : The next 3 years after the initial period.

During the "initial period", any rewards points you earn are only good for that 3-year initial period. Even if you earned points one week before the end of the initial period, those points will expire within the week.

During the "further period", any rewards points you earn will be valid for this new 3-year period.

What are the Standard Chartered Rewards+ Card's income requirements?

6. hsbc revolution card, how many hsbc rewards points can i earn.

With the  HSBC Revolution Card , you can earn 10X rewards points (or 4 miles) per $1 on online spending (includes food delivery and travel bookings) and contactless payments . The bonus points are capped at 9,000 points , which is about $1,000 spend per month (of the 10X rewards points, only 9X are considered bonus ones). However, there's no limit on how many rewards points you can earn on all other spend.

Another nice touch is that there is no annual fee . So even if you don’t use the card much you won’t have to worry about accidentally getting charged for it at the end of the year.

You'll also get complimentary access to Entertainer with HSBC, a food and lifestyle rewards app which gives you 1-for-1 deals on dining, lifestyle and travel worldwide. However, note that only  HSBC Visa Infinite  & HSBC Premier Mastercard credit cardholders get full access to all deals and merchants.

What can I redeem my HSBC rewards points for?

The HSBC rewards catalogue isn’t the world’s biggest or most varied, but it does contain a nice selection of well-curated treats. Apart form the usual air miles and vouchers, you’ll find some interesting home and lifestyle gadgets like the Ninja Nutri-Blender Pro, Fitbit Versa 4, and Jura E4 Piano Black coffee machine.

What are the HSBC Revolution Card's income requirements?

7. uob preferred platinum card, how many uob reward points can i earn with the uob preferred platinum card.

The UOB Preferred Platinum Card offers up to 10 rewards points for every $5  ( 2 miles for every $1)  spent on selected online shopping, online entertainment (including food delivery and ticketing) and mobile contactless payments —note that they have to be mobile contactless and not just contactless to count.

Ride hailing credits are not eligible. You can check out the UOB Preferred Platinum Card's full terms and conditions for a complete list of eligible transactions.

There is a bonus cap of 2,000 points per calendar month , which means you can only enjoy their preferential earn rate on a maximum of $1,000 worth of spending each month.

Another benefits of the UOB Preferred Platinum Card is its  fuel savings —up to 15% savings at SPC and up to 14% at Shell.

What can I redeem UOB reward points for?

The  UOB rewards cat a logue  is one of the most sought-after rewards programmes out there, letting you redeem points for spa vouchers, Dyson vouchers and dining vouchers at " atas " restaurants like Les Amis .

When do UOB reward points expire?

What are the uob preferred platinum card's income requirements, 8. uob lady’s card, how many uob reward points can i earn with the uob lady’s card.

The newly revamped   UOB Lady's Card offers 25X reward points per S$5 spent on a preferred category of your choice, which works out to be a whopping 10 miles per dollar. Spending outside of your chosen category will earn you a base rate of  1X reward points or 2 miles per $5 spent .

There's no minimum spend for the UOB Lady's Card, but there is a maximum of 1,800 reward points you can earn each month. That means once you hit an expenditure of  $1,000 for the month , you should try to reign in your inner shopaholic or charge your purchases to another card.

Where can I earn UOB reward points with the UOB Lady’s Card?

You can choose any one of the following categories to receive your 25x points per S$5 spend bonus on: beauty & wellness, dining, entertainment, family, fashion, transport and travel .

One great thing about the UOB Lady's Card is that you can change your preferred category online every quarter . This flexibility is particularly useful when you’re anticipating high one-off expenses. For example, if you’re having a baby , choose the family category just before you do your pre-baby shopping, and then see the rewards points roll in when you buy your baby clothes, stroller and so on.

What can I redeem UOB points for?

Who is eligible for the uob lady’s card.

The UOB Lady's Card is open to both  women and men , like the  DBS Woman's Card .

In terms of income requirements, the UOB Lady’s Card is a good entry-level credit card. Just like for the UOB Preferred Platinum Card, it has a minimum income requirement of $30,000 a year for Singaporeans and PRs and $40,000 for non-Singaporeans .

9. Who should use a rewards card?

Are you sick and tired of tracking your expenses to the very cent in order to maximise your returns from a cashback card ? Or maybe you'd like to earn more miles on top of what your  air miles card  already gives you?

You might want to consider switching to a rewards card, which is probably the lowest effort type of credit card on the market .

ALSO READ :  Air Miles vs Cashback vs Rewards—Which is the Best Credit Card Type to Use?

Most rewards cards have no minimum spending requirements , so you don’t have to agonise over your expenses and track them in a spreadsheet. That makes them good for “fun” spending (e.g. shopping, entertainment, dining, travel) which can vary from month to month.

The rewards points you earn are also versatile. You can use them to redeem whatever is in your bank’s reward catalogue of goodies. Usually there’s a variety of shopping and dining vouchers , and some have gifts like fancy whiskeys and gadgets. A lot of banks also offer cash rebates .

If shopping or cashback rewards don't appeal to you, many people also redeem air miles with their rewards points. In fact, rewards credit cards are actually great for travel junkies—some rewards cards outperform miles cards in earning air miles! This is especially the case for miles earned from local or online spending. For example, the  UOB Preferred Platinum Card  earns you up to  2 miles for every $1 spent online , while the  UOB PRVI Miles Card  earns only 1.4 miles per $1 local spend.

Just be aware of the expenditure cap , if any, as you won’t get bonus points beyond that. Check the expiry date of your points too , so you don’t get a nasty shock when you try to redeem stuff. For a quick overview, we've compiled this information in the summary table above.

10. How do rewards cards work?

Because of banking jargon, rewards cards might seem complicated, but they’re actually really easy to use. Even the most tech-illiterate of Singaporean aunties can find their way around them. Here’s a 4-step guide:

Step 1 : Know which spending categories (e.g. dining, entertainment, beauty, etc.) give you the most points.

Step 2 : Go ahead and spend in those categories! (But know your expenditure cap so you don’t go overboard.)

Step 3 : Rewards points are magically credited to your account.

Step 4 : When you have enough points, redeem stuff you want from the rewards catalogue.

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Opening a Corporate Bank Account in Singapore as a Foreigner

• What to consider when choosing a ban...
• Benefits of bank account in Singapor...

Required documents

• Process of opening a corporate bank ...
• Requirements for foreigners to open ...
• Different types of business bank acc...

Final thoughts

• When opening a local corporate bank account in Singapore, you should take some time to compare the account fees, interest rates, and initial deposits for the type of business account that suits your business. 
• In the account opening procedures, you will need to provide adequate information and certified documents, such as your certificate of incorporation and residential address.

Singapore offers many advantages for foreign companies seeking to establish a regional hub in Southeast Asia, including tax breaks and widely available high-skilled labour for those seeking. The country has a network of trade agreements and tax treaties, allowing companies to retain foreign revenues, making it a sought-after location for starting a business .

If you're considering starting a business in Singapore , you should first consider opening a corporate bank account. 

What to consider when choosing a bank in Singapore

A corporate bank account is a bank account opened in your company's name to receive business revenue and facilitate banking services for your business needs. Singapore bank accounts are regulated by the country's central bank - the Monetary Authority of Singapore (MAS).

Here are some key items to consider when choosing your bank.

• Fees and requirements: Consider  the pricing of these accounts, such as the setup fee or account fee, and note if you are required to make an initial or minimum deposit.
• Banking needs :  If you require frequent overseas transfers, you might want to find an account that offers free international transactions and lower foreign exchange rates.
• Interest rates : If your business involves holding funds, you could consider which bank offers competitive interest rates that can help generate a return on your investment.
• Reviews and recommendations : You should check online reviews and recommendations to consider the quality of banking services each institution provides.

Benefits of bank account in Singapore

Some benefits of having a Singapore company bank account include access to features such as multi-currency account handling, free foreign transfers, internet banking, credit cards, and trade financing.

Here are some key benefits to consider.

• Separation of business and personal finances: This can help you monitor your business's cash flow and easily track its financial performance. 
• Easy financing acquisition: Investors and banks offering to finance your business will request to see your business accounts. It could also give you a positive credit score when you apply for financing.
• Credibility and professionalism: Having your business activities listed under a corporate bank account bearing your company name helps portray your business as legitimate, professional, and trustworthy to your customers. It will also help your business with audit compliance by regulators.
• Access to different payment methods: A corporate bank account can help you accept and make payments from physical and virtual credit cards, easing business transactions for you and your employees.

Here are the documents that you'll need to provide when opening your bank account:

• Completed forms for your Corporate Account Opening. If you have a board of directors, these forms need to be signed by authorised signatories.
• Your company secretary can provide a board resolution allowing you to open the account and act as a signatory.
• A resolution sanctioning you with authority and as a signatory to open the account.
• Your company's Certificate of Incorporation.
• Your company's business profile.
• Your company's Memorandum and Articles of Association (MAA).
• Passports or Singapore IC of the Directors, Signatories and Ultimate Beneficial Owners (UBOs).
• Residential address proof of Directors, Signatories and UBOs.

Process of opening a corporate bank account in Singapore

To open a corporate bank account, follow the steps below:

Step 1: Gather the necessary documents.

Step 2: Choose your bank.

Step 3: Fill in your application online or visit the bank in person. Some banks may want you to attend in person as they need a director or authorised signatory to be present.

Step 4: Submit all the required documents and the minimum deposit. The initial deposit covers the setup fee and account fee. The amount depends on the bank, you should expect it to be SGD1,000 or higher.

Step 5: Your bank will review the documents.

Step 6: Once your application is approved, the bank will open your corporate bank account. 

Do note that the entire process may take one to four weeks.

Requirements for foreigners to open a corporate bank account in Singapore

There are additional requirements if you're a foreigner opening a company bank account in Singapore. Among these are:

• A valid work visa or employment pass issued by the Ministry of Manpower
• Proof of your identity via a passport
• Proof of your residence address in Singapore
• Proof of your company registration with the Accounting and Corporate Regulatory Authority (ACRA)

Singaporean banks may also require you to make an initial deposit of SGD1,000 – SGD3,000 to open the account. As such, you should look at the different types of bank accounts and choose the right one that fits your business. 

Different types of business bank accounts to consider

Whether you run a large corporation, small or medium enterprise (SME) or startup that does business locally or regionally, you should pick the one that suits your business needs.

• Current accounts: Designed for storing funds for short transactional periods, current accounts are non-interest-bearing and tend to have minimum balance fees.
• Savings accounts: These are used to keep emergency funds and short-term savings. They tend to have low-interest rates per annum and no penalty if you withdraw your money.
• Fixed deposit accounts: These have a higher interest rate but require a fixed amount of funds to remain in the account until its maturity date, which can be set between 1 month and 3 years.
• Multi-Currency accounts : Also known as MCAs, these allow you to hold foreign currencies, such as the Euro (EUR) or American Dollars (USD), without having banks convert them to Singapore Dollars (SGD).

Opening a local corporate bank account in Singapore could offer financial tools to help you meet local compliance needs and monitor financial performance.

Choosing the right bank can help your business retain revenue from foreign transactions and even help you maintain a healthy credit score to gain future financing options for regional growth.

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Important Risk Disclosure

• The investment decision is yours but you should not invest in this product unless the intermediary who sells it to you has explained to you that the product is suitable for you having regard to your financial situation and investment experience.
• Investment involves risk. Loss may be incurred as well as profits made as a result of buying and selling investment products.
• Currency conversion risk - the value of your foreign currency and RMB deposit will be subject to the risk of exchange rate fluctuation. If you choose to convert your foreign currency and RMB deposit to other currencies at an exchange rate that is less favourable than the exchange rate in which you made your original conversion to that foreign currency and RMB, you may suffer loss in principal.
• RMB is currently not freely convertible and subject to regulatory restrictions (which might be changed from time to time).

Support / Resistance

vs USD  0.6370 / 0.6654   ⬇

AUD rose against the dollar yesterday spurred by US GDP and rising inflation with market now expecting the first Fed rate cut in November and not September. While investors eye upcoming Australia PPI and US PCE for more cues. AUDUSD rose 0.31% yesterday while AUDHKD ended at 5.10 level.

vs USD  1.0590 / 1.0876   ⬇

EUR strengthened against the dollar yesterday as the USD eased against most peers after the US economy grew at its slowest pace in nearly two years in the first quarter of 2024, however US treasury yields rose. EURUSD rose 0.30% yesterday while EURHKD ended at 8.39 level. 

vs USD  1.2303 / 1.2716    ⬇

GBP rose against the dollar yesterday after US Q1 economic growth underperforms expectations underpinning GBP. Meanwhile, BoE Governor Andrew Bailey expects a sharp drop in April’s inflation. GBPUSD rose 0.42% yesterday while GBPHKD ended at 9.79 level. 

vs USD   0.5837 / 0.6069   ⬇

NZD rose against the dollar yesterday climbed to over a one-week high amid positive risk tone and USD weakness. While New Zealand's ANZ Consumer Confidence slides to 82.1 in April. NZDUSD rose 0.20% yesterday while NZDHKD ended at 4.65 level.

vs USD   7.2287 / 7.2486   ⬆

CNH ended higher against the dollar yesterday as USD weakened as the US GDP was softer than expected and consumer spending slowed. Also, the CNH was underpinned on the back of PBOC's fixing. USDCNH fell 0.25% yesterday while CNHHKD ended at 1.07 level.

vs USD   1.3518 / 1.3819   ⬇

CAD strengthened against the US dollar yesterday after domestic data showed wage growth picking up, despite Canadian payroll employment fell 0.1% in Fed. A rise in oil prices and an easing USD provided further support to CAD. USDCAD fell 0.33% yesterday while CADHKD ended at 5.73 level. 

vs USD   152.89 / 157.08   ⬆

JPY weakened against the dollar yesterday despite the USD easing broadly. Tokyo core CPI rise slowed for a second month in Apr, falling below BOJ's 2%, complicating its decision on how soon to raise interest rates. USDJPY rose 0.20% yesterday while JPYHKD ended at 5.03 level.

vs USD   0.9032 / 0.9182    ⬇

CHF strengthened against the dollar yesterday. The SNB posted a record quarterly profit of $58.5bn Swiss Franc for the first quarter, far exceeding their previous highest quarter profit of 38.9bn francs in Q2 2020. USDCHF fell 0.32% yesterday while CHFHKD ended at 8.57 level.

vs USD   1.3459 / 1.3695   ⬇

SGD ended stronger against the US dollar yesterday as the USD eased against a basket of currencies after US data showed unexpected slowing in economic growth while inflation accelerated, however US treasury yields climbed. USDSGD fell 0.21% yesterday while SGDHKD ended at 5.75 level.

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Related insights.

FX Viewpoint: Gold hit recordhighs, despite a firm USD  

FX Viewpoint: A resilient USD  

FX Viewpoint: RMB: Internationalisation is not over  

FX Trends: G10 FX: Focus on “relativity”  

This document has been prepared for information only. Information contained in this document is obtained from sources believed to be reliable; however HSBC does not guarantee its completeness or accuracy. The information contained in this document is intended for Singapore residents only and should not be construed as an offer to purchase or subscribe for any investment where such activities would be unlawful under the laws of such jurisdiction, in particular the United States of America and Canada. This material is not and should not be construed as an offer to sell or the solicitation of an offer to purchase or subscribe for any investment or securities nor shall it or any part of it form the basis of, or be relied on in connection with, any contract or commitment whatsoever. The specific investment objectives, personal situation and particular needs of any person have not been taken in consideration. You should therefore not rely on it as investment advice. Opinions and estimates expressed are subject to change without notice and HSBC expressly disclaims any and all liability for representations and warranties, express or implied, contained herein, or for omissions. All charts and graphs are from publicly available sources or proprietary data. The mention of any security should not be construed as representing a recommendation to buy or sell that security, nor does it represent a forecast on future performance of the security.

This document is prepared by HSBC Bank (Singapore) Limited (“HBSP”) to its customers for general reference only. HBSP is not responsible for any loss, damage or other consequences of any kind that you may incur or suffer as a result of, arising from or relating to your use or reliance of this document. HBSP gives no guarantee, representation or warranty as to the accuracy, timeliness or completeness of this document.

This document is prepared by The Hongkong and Shanghai Banking Corporation Limited (‘HBAP’), 1 Queen’s Road Central, Hong Kong. HBAP is incorporated in Hong Kong and is part of the HSBC Group.

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HSBC TravelOne Card offering 20,000 miles sign-up bonus

Sign-up for a new HSBC TravelOne Card and get 20,000 bonus miles, with an additional gift for applicants via SingSaver.

HSBC has launched the HSBC TravelOne Card, its first entry-level miles card. Cardholders can look forward to 12 airline and hotel transfer partners (with more to come by the end of 2023), instant or <1 business day conversions with no admin fees, and four complimentary lounge visits. 

There’s also a 20,000 miles sign-up offer that’s good for both new and existing HSBC cardholders, with a minimum qualifying spend of just S$800. On top of this, SingSaver is offering an additional sign-up gift for new HSBC cardholders who apply via its website. 

HSBC TravelOne Card sign-up offer

New-to-bank only.

New-to-bank cardholders who apply for a HSBC TravelOne Card till 31 August 2023 will receive a S$30 from SingSaver upon submitting their approval email to [email protected]

However, if you’re a new-to-bank cardholder, a better option might be to apply for a HSBC Revolution Card first to get:

• S$150 cashback with S$1,000 min. spend (from HSBC)

After that, you can apply for the TravelOne Card as an existing cardholder and still get the 20,000 bonus miles mentioned below. 

New-to-bank & existing

Both new-to-bank and existing HSBC cardholders who apply for a HSBC TravelOne Card from 11 May to 31 August 2023 will receive 20,000 bonus miles  (in the form of 50,000 HSBC points) when they:

• Pay the annual fee of S$194.40
• Spend at least S$800 during the qualifying spending period
• Opt-in for marketing communications during the sign-up process

The qualifying spending period is as follows:

New-to-bank cardholders can think of the S$30 as a further subsidy of the annual fee, which reduces the cost per mile to 0.82 cents ([S$194.40-S$30]/20,000 miles)

Application steps

• Apply via the links in this article
• Complete the SingSaver Rewards Redemption Form that is sent to your email, within the first 14 days of application. Ensure that the name, mobile number and email address submitted to SingSaver are the same as that used in the credit card application
• Provide HSBC with your consent to receive marketing and promotional materials, and do not revoke it before the gift is fulfilled
• Once you receive a card approval email from HSBC, forward it to [email protected]

I want to highlight step (3) in particular, because this is a condition unique to HSBC. You must provide marketing consent in order to have either gift fulfilled (SingSaver’s or HSBC’s).

Qualifying Spend

Singsaver gift.

No minimum spend required for the SingSaver S$30 cash.

A minimum qualifying spend of S$800 must be made during the qualifying period. 

“Qualifying Spend” refers to any retail transactions (including internet purchases) excluding the following: 

The key exclusions to note here are insurance, utilities, education, government transactions as well as CardUp/ipaymy. These were all excluded from 1 July 2020 onwards as part of HSBC’s revised rewards terms and conditions.

Gift Fulfilment

Gifts will be fulfilled within two months of application. 

HSBC 20,000 miles

Bonus miles (in the form of HSBC points) will be credited within 90 days from the card opening date, provided the eligibility criteria is met.

Overview: HSBC TravelOne Card

The HSBC TravelOne Card has a minimum income requirement of S$30,000, and an annual fee of S$194.40

Cardholders earn:

• 3X HSBC points per S$1 (1.2 mpd) on local spend
• 6X HSBC points per S$1 (2.4 mpd) on foreign currency spend

There is no minimum spend required, nor cap on the points that can be earned.

HSBC points earned on the HSBC TravelOne Card expire after 37 months , same as other HSBC credit cards.

Conversions can be done via the HSBC Singapore app ( Android | iOS ) and are processed “instantly or within one business day” (except Accor, which takes five business days). All conversion fees will be waived until 31 December 2023.

A total of 12 airline and hotel partners are currently available, a list that HSBC says will grow to more than 20 by the end of 2023.

The HSBC TravelOne Card is offering a 20,000 miles sign-up bonus for both new and existing customers that’s valid for applications by 31 August 2023. On top of this, new customers who apply via SingSaver can get an extra gift of S$30 cash.

Remember to submit your approval email to SingSaver as soon as you get it, and fill out the rewards redemption form in order to get your reward.

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Similar Articles

Earn an uncapped 3.2 mpd on fcy spend with maybank horizon visa signature, review: uob preferred platinum visa card, 12 comments.

If I am not NTB, no reason to apply thru the links on the site?

The incentive is you get more content on this free website, Patsy

Can the sign up bonus points of 50,000 HSBC points from the HSBC TravelOne card be pooled with HSBC Revo points?

Unfortunately not.

Can pair with Amaze?

Am also curious about this, though I don’t see why not

amaze is not on the exclusions list for hsbc

If hsbc doesn’t give 10k miles for 2nd year renewal. It doesn’t make sense to even hold the card after sign up bonus. Just redeem 20k miles then abandon it as the earn rate is so slow. Only good is instant transfer and dragonpass.

For a “travel” card, it’s odd there aren’t any special earn rates for airfare / hotels. 1.2/2.4 mpd is nothing to write home about 🤷‍♂️

Currently using DBS Live Fresh card. Thinking of getting HSBC – in your opinion, is it better to start with Revolution or T1? Gonna use it to get US plane tix and pay for groceries etc. so don’t want to have too many cards

start with Revo- see my latest post for why. you get more of a sign up offer

Does the annual fee of S$194.40 included in the S$800 qualifying spend?

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