Best for Online Spending Only

• You can only earn 4 miles per dollar bonus on selected ONLINE spend categories below may it be spent locally or overseas. Bonus points are capped at 9,000 Reward points per calendar month. This works out to S$1,000 spending cap per calendar month.

Best To Pool Points Together with other HSBC Reward Points Earning Credit Cards

• If you own the HSBC TravelOne, you can pool the points from both cards in one transfer, saving you transfer fees. HSBC just announced that the transfer fees will be waived indefinitely!

Best for Redeeming Miles with Airlines Other Than Singapore Airlines’ KrisFlyer

• With 20 transfer partners (including 8 new ones), HSBC now has the most options in Singapore for using points. See “Transfer Partners” below.
  • For example, you can use just 25K miles to redeem a one-way business class ticket with Infinity Mileagelands on Eva Air to Taiwan, Hong Kong, Japan, or Korea, instead of 35K to 40K miles on Singapore Airlines for the same flight class and destination.

Use HSBC’s Free Entertainer Program

• You can get 1-for-1 discounts for dining places etc., and 15% discounts for selected restaurants with HSBC’s ENTERTAINER programme

Exclusion List:

Buffs:

• Recently, HSBC announced that the rewards points conversion fee will be waived until 31 January 2025, but now, they are waived indefinitely—transferring your points is completely free!

Nerfs:

• The transfer rate from HSBC to KrisFlyer is set to be devalued. Until 16 January 2025, you can convert your rewards points at the existing rate of 25,000 points for 10,000 miles. After this date, the rate will change to 30,000 points for 10,000 miles. As a result, converting to KrisFlyer will no longer earn 4 miles per dollar.
• HSBC will only earn 0.4 miles per dollar (1x reward points) for these categories:

Advantages:

• No annual fee forever; saves you the hassle of calling for an annual fee waiver
• You can earn 4 miles per dollar on daily spends or 2.5% cashback
• Transfer Fee is waived indefinitely

Disadvantages:

• Limited monthly spending cap of S$1,000
• Nerfed so many spending categories until it’s difficult to use
• May not be a great card to spend in foreign currency even with a 4 miles per dollar earn rate

Here is the list of their current transfer partners:

• You should choose the ones with conversion rate of 25:000 to 10:000 for the best value. Since I find that conversion to hotel partners isn’t always worthwhile, so I’m sticking to airline partners.

Airline Partner	Conversion Ratio
	25,000:10,000
	25,000:10,000
	25,000:10,000
	25,000:10,000
	25,000:10,000
	25,000:10,000
	25,000:10,000
	25,000:10,000
	25,000:10,000 (Until 15 Jan 2025) 30,000:10,000 (From 16 Jan 2025)
	30,000:10,000
	35,000:10,000
	35,000:10,000
	35,000:10,000
	35,000:10,000
	35,000:10,000
	50,000:10,000

Hotel Partners	Conversion Ratio
	25,000:5,000
	25,000:10,000
	30,000:10,000
	25,000:10,000

• When will my points be credited: Usually after 1-3 working days of the transaction posting, 1X base HSBC Points are credited. Bonus 9X HSBC Points will appear on the cardholder’s statement at the end of the second calendar month, and they will be credited by the end of the subsequent calendar month from the date of transaction.
• How long are my points valid for: 37 months. Just before it expires, you can transfer it to Krisflyer, and once the points are correctly credited into Krisflyer, you’ll receive an additional 36 months. This provides you with a considerable amount of runway—roughly six years—to burn through the miles.
• How do I claim miles for HSBC revolution: I covered it in a TikTok video here.
• Will my points still remain in my HSBC account if i carry other HSBC credit cards: Points will be pooled across all credit cards for redemption purposes, but if you’re planning to cancel a credit card, make sure to redeem all points you’ve earned on that card. If not, it will be gone.

Read Terms and Conditions here

Frequently Asked Questions