Who doesn’t want to have a glammed up lifestyle? They say HSBC credit cards can help you with it. So let’s find out if it is true.
You can upscale your lifestyle with rewards, rebates, and other benefits with the right credit card. But, of course, it comes with proper use and taking note of the terms and conditions. So maximize HSBC Credit Cards it has to offer.
To be eligible for the HSBC Credit Cards, you need to be at least 21 years old with a minimum annual income of $30,000. If you have your own enterprise or are a foreigner with an E-pass, you must have a minimum annual income of $40,000. Meanwhile, supplementary cardholders must be at least 18 years old.
With every dollar you spend, you earn a reward point. It will expire in three years. Some cards even let you earn 10 times rewards points on selected brands or transactions. So, always check for the maximum points you can make in a month.
The rebates will be credited to the cardholder’s account within two months after the end of every quarter. In addition, the rebates you earn in an account are only up to a maximum of $120 per quarter. Take note that you need to charge at least $800 per month to be eligible for the Quarterly Cash Rebate Promotion.
You and your family members can be insured if you fully charge the fare of an overseas trip on the applicable HSBC credit card. The family member can be your spouse, siblings, parents, parents-in-law, and legitimate child not older than 25 years old. Also, the legitimate child should be not employed, not married, and living in the same household as the cardholder.
Coverage of the benefit range from $75,000 to $1,000,000. It depends on the applicable limits. Examples are the kind of permanent disability suffered and the person’s age covered.
You and your immediate family members, including your parents-in-law, have coverage if the fare has been fully charged on the card. The covered trip starts when you leave your residence not more than three hours before the departure time until three hours after you arrive in Singapore or return to your home.
This Golfer’s Insurance covers the cardholder starting from the moment the insured person leaves the permanent residence up to three hours upon the insured person’s arrival in Singapore or permanent residence. Also, the person has coverage during the stay in the golf club, course or driving range. Rewarded benefits can range from $500 up to $500,000.
No income declaration is needed, but you have to open an HSBC Time Deposit account with at least $10,000. In addition, the approved credit limit is the same as the amount in your HSBC Time Deposit account. Of course, if you spend over the limit, you will be subject to penalties.
This card is offered only to HSBC Premier Customers with a minimum deposit of $200,000. You can get up to 6% cash rebates with local expenses and an additional 14% instant discount. It applies if you refill in Shell and Caltex. Also, you will get Golfers’ Insurance and discounted green fees.
At least an annual income of $250,000 is necessary for you to apply for HSBC Visa Infinite Credit Card. You will get unlimited admission to Priority Pass lounges. It is different compared to some credit card which only offers two or three free passes a year. Also, you get at least a 14% instant discount on petrol products. In addition, receive a Golfer’s Insurance, 30% discounted green fees on certain golf clubs and free green fees at Sentosa Golf Club.
This card is exclusive to HSBC Advance customers at least 18 years old. Also, you get 10 times rewards points when you charge your online transactions, local dining, and entertainment on HSBC Advance Visa Platinum Credit Card. You also get up to 14% instant discount on petrol products. Plus, you will have coverage for Golfer’s Insurance worldwide.
Get up to 5% cash rebates on daily expenses and 2% cash rebates on your dining. Also, you have up to 5% cash rebates and 14% instant discount on petrol products. In addition, HSBC offers worldwide Golfers’ Insurance and discounted green fees.
Get 5 times the rewards points on your charges from dining, entertainment and online transactions. You can also have a 14% instant discount on petrol products. If you are a golfer, you will like the Golfers’ Insurance and discounted green fees.
Though there are benefits that can genuinely entice you, you need to be practical. Choose the card that can give you benefits without overspending. Remember to spend what you need and what you can pay. It will be terrible to earn exciting benefits but forfeit everything because you could not pay the card’s outstanding balance.