HSBC Revolution Credit Card Review

The HSBC Revolution Credit Card is the second credit card reviewed in the list of latest Visa branded cards in Singapore.

HSBC Revolution Credit Card Review

About the Card

The HSBC Revolution Credit Card is issued by HSBC bank in Singapore. The card is designed for those who purchase online frequently and go out for dining and entertainment.  The credit card earns you HSBC Reward Points which can be converted into both KrisFlyer and Asia Miles.

Sign-Up Bonus

There’s no miles related sign-up bonus for the HSBC Revolution Credit Card.

However upon signing up, you will receive a 3-piece luggage set and a 2-piece accessory worth S$380. For online sign-up, you could also receive an additional S$20 cash rebate.

Other Benefits

The HSBC Revolution Credit Card has quite a number of ancillary benefits that may be useful to you, but generally I don’t value these highly unless you actually intend to use them!

  • Access to travel portal- HSBC Vacations –  having looked at the just seems to be a shell version of AsiaTravel.
  • 9% discount off hotel bookings, land tours and attractions and 6% cash rebate on other travel bookings.
  • HSBC Card Balance Transfer offers one-time promotional rate of 0.8% p.a for card balance transfer for 6 months
  • HSBC’s Movie Card has a stored value of 10 movie tickets redeemable at any Golden Village cinema box office in Singapore or online
  • 14% instant discount at all Shell and Caltex service stations islandwide
  • a 3D2N staycation from S$598 nett at Resorts World Sentosa,which includes 1 day Adult pass to Universal Studios for 2 and S$100 ESPA credit
  • Discounts for Sentosa attractions when Visa PayWave is used.

What is the Annual Fee?

Principal Card: First 2 years fee waiver – S$150, otherwise Supplementary Card: Free

What Do You Earn per $1?

  • Earn 5 points per S$1 charged on online transactions, dining and entertainment (exclusions apply)
  • Earn 5 points per S$1 charged for GIRO Payments
  • Earn 1 points per $1 charged on other spend

What is a Point Worth?

For those who are keen on accumulating their miles in KrisFlyer or Asia Miles, a minimum of 5000 points can be used to redeem 2000 KrisFlyer miles or 2000 Asia Miles a ratio of 2.5 to 1.  So any of the online transactions or dining/entertainment will earn 2.5 KrisFlyer or Asia Mile per S$1 spent which is an excellent rate.

I’ve done a few pieces on what a KrisFlyer Mile is actually worth:

The points can also be used to redeem vacation vouchers, department store vouchers or movie tickets. The vacation vouchers can be used to offset the travel purchases at HSBC Vacations which you’ll receive an addition 9% off bookings and 6% cash rebate on other spend. A minimum 3500 points can be redeemed for a S$20 travel voucher valuing the points at 0.5 cents per point.

How Does this Compare?

The earning rate for this card is excellent and it’s one that I would recommend.  Note I don’t have this card myself so I can’t say how transactions track etc, if you have experience with it please leave a comment to help others!

It’s interesting to note that website is used for the booking on HSBC Vacations – prices are the same and AsiaTravel offers a 5% rebate, so the addition benefit for HSBC cardmembers isn’t that significant.


  • Sign up bonus – 4/10
  • Ongoing Spend – 8/10

I’ve given a low score of 4/10 for the sign-up bonus as there is no miles related sign-up bonus, but HSBC is offering some luggage – although I don’t rate American Tourister luggage that highly!

I’ve given the ongoing spend a much higher score as not many banks offer a flat rate earning 2.5 miles per S$1 on spend, so this card is excellent for your ongoing spend – but you should be careful where you are spending so that you don’t drop to the 1 per S$1 rate, stick to online, dining and entertainment.

If you would like to know more on the card, it is on the HSBC Site: HSBC Revolution Credit Card

Do you have this card?  How do you rate it?