20/08/2024
16h10
HSBC Visa Platinum

Eligibility requirements

✅ Minimum age of 21 years.
✅ Minimum annual income of SGD 30,000 for residents or SGD 42,000 for foreigners.
✅ Credit check approved by HSBC.

Required documents

✅ Identity document (NRIC or passport).
✅ Recent proof of income or income tax return.
✅ Bank statements for the last 3 months (for self-employed).

Approval is subject to meeting the requirements and the bank may request additional documentation if necessary.

Steps to apply for the HSBC Visa Platinum

Applying for the HSBC Visa Platinum is simple. Visit the HSBC Singapore website and complete the online form with your personal details.

Attach the required documents, and your application will be processed. Once approved, you’ll gain access to the card’s benefits, including cashback on everyday purchases. If your application is not accepted, don’t worry—you can reapply after a specified period set by the bank.

Managing your payments

Paying your HSBC Visa Platinum bill is straightforward. You can choose from several options, including automatic debit, online banking, or the HSBC Singapore app.

It’s wise to make payments before the due date to avoid interest charges. Early payments are also an option, helping you stay ahead of your financial obligations.

Fees and costs

When using the HSBC Visa Platinum, be mindful of the associated fees. The card comes with an annual fee, waived for the first two years, and continues to be waived if your annual spending exceeds SGD 12,500.

The interest rate stands at 27.8% per annum, with a minimum late payment fee of SGD 2.50. It’s crucial to manage your spending and payments effectively to avoid unnecessary charges.

Order your card!

If this sounds like the right fit for you, take the next step and explore the application process on the official HSBC website. It’s your opportunity to make the most of your everyday purchases with a card that aligns with your financial goals.