Who can apply for the HSBC Advance Credit Card?
The HSBC Advance Credit Card is available for individuals aged 21 and above. Singaporeans and Permanent Residents must have a minimum annual income of SGD30,000, while foreigners residing in Singapore need an annual income of SGD40,000.
For those who do not meet the income criteria, an alternative is a fixed deposit collateral of SGD10,000. This card is ideal for anyone looking for a hassle-free cashback solution, whether for personal use or to share benefits with their family through supplementary cards.
Required Documentation
To apply for the HSBC Advance Credit Card, Singaporeans and PRs will need to submit their NRIC and income documentation, such as CPF contribution history or recent payslips. Foreigners should prepare a valid passport, employment pass, and proof of income.
Be sure to have all the necessary documents ready for a smooth and quick application process. The application process can be completed online for instant approval in most cases.
A Tip for You!
If you’re looking to maximize your cashback, aim to spend over SGD2,000 each month to unlock the 2.5% cashback rate on your HSBC Advance Credit Card. Whether it’s for daily purchases or large expenses like home renovations or travel, this card provides easy rewards on every dollar spent. Make use of the complimentary travel insurance and consider sharing the card’s benefits with family members through the free supplementary cards.
How to apply for the HSBC Advance Credit Card
Applying for the HSBC Advance Credit Card is simple and can be done online. Ensure you have your necessary documents, such as your NRIC and income proofs, ready for submission. The application process takes only a few minutes, and once approved, you can activate your card instantly through the HSBC app. With no annual fee for the first two years and generous cashback benefits, there’s no reason to wait—start earning rewards today!