HSBC Premier credit card - too good to be true?

[Buzzard]

I just got my statement and I've spent $48585 so will pay that off and won't use it again.

$48,585.00!!
Hey big spender

 

[cove]

We are trying to pay some bigger bills on our two credit cards now and points stop in just over two months. We transferred our accumulated points into our Kris Flyer accounts.

 

[BJReplay]

I just got a text for my Premier card saying that the annual fee is due soon, and it will appear on my next statement (just after I got a reminder email saying that the card will be shut, and no annual fee will be charged). My last statement was issued yesterday. I assume that I don't need to wait until my next statement to confirm that the text is bogus, but, FFS, HSBC, do you think that you could have disabled all annual fee reminder texts when you decided to shut down your banking operations?

 

[dairyfloss]

Sure - better get on that, HSBCAU

 

[BJReplay]

Sure - better get on that, HSBCAU

I'm invested; I want to know if you actually receive one a week or two ahead of November 17

 

[VPS]

I've been getting letters from HSBC to a resident that left over 10 years ago. I sent them a heap of emails and the replies were definitely from someone who spoke ESL and said they had tried to call me and I hadn't called them back which would have been hard because I didn't give them my phone number. Eventually they said they had it sorted and they had removed his address.

Last week got two more letters and made another complaint and they are sending me a $25 WW voucher

 

[GerrardGerrard]

Hi does anyone have an account with HSBC Singapore premier?

If so what are the chances of getting a credit card as a non citizen?

 

[Supersonic Swinger]

Hi does anyone have an account with HSBC Singapore premier?

If so what are the chances of getting a credit card as a non citizen?

I am with them but don't have the credit card. You can apply as a "foreigner" but you would need to be a resident, demonstrate income of at least SGD$65k and be able to show your Employment Pass or S Pass - look at the "Who Can Apply" and "What You Need To Apply" sections:

Premier Credit Card | Apply for Premier Mastercard - HSBC SG

Unlock exclusive travel services, entertainment access and dining experiences with HSBC Premier Mastercard, the card tailored for HSBC Premier customers.

www.hsbc.com.sg

I think those conditions apply for all the Singaporean HSBC cards.

 

[GerrardGerrard]

I am with them but don't have the credit card. You can apply as a "foreigner" but you would need to be a resident, demonstrate income of at least SGD$65k and be able to show your Employment Pass or S Pass - look at the "Who Can Apply" and "What You Need To Apply" sections:

Premier Credit Card | Apply for Premier Mastercard - HSBC SG

Unlock exclusive travel services, entertainment access and dining experiences with HSBC Premier Mastercard, the card tailored for HSBC Premier customers.

www.hsbc.com.sg

I think those conditions apply for all the Singaporean HSBC cards.

Was the bank account straight forward to open? Did you go through the app to apply? I currently have US premier and credit card, home country being UK premier.

So it seems very unlikely to be accepted for the credit card based on that. I had heard about getting a secure credit card but again don't know if the rules would discount non citizens

 

[Supersonic Swinger]

Was the bank account straight forward to open? Did you go through the app to apply? I currently have US premier and credit card, home country being UK premier.

So it seems very unlikely to be accepted for the credit card based on that. I had heard about getting a secure credit card but again don't know if the rules would discount non citizens

I opened it through the relationship manager because I was moving there for a couple of years with work. I don't know how it would work if you are not moving there or don't have a residential address, but you should probably speak to your relationship manager in either the UK or US.

How to Open a Bank Account in Singapore | Online - HSBC SG

See how you can open an international bank account in Singapore online as a foreigner, from wherever you are currently based in the world.

www.hsbc.com.sg

 

[QF_Flyer]

Hi does anyone have an account with HSBC Singapore premier?

If so what are the chances of getting a credit card as a non citizen?

I bank with HSBC Premier Singapore, transaction account and investments though, not credit cards. They'd need a NRIC for that, as far as I know (or that's what it asks for when trying to apply, I haven't followed it up).

Opening the account was easy enough, easier than in HK, where I do have a HSBC credit card.

 

[GerrardGerrard]

I bank with HSBC Premier Singapore, transaction account and investments though, not credit cards. They'd need a NRIC for that, as far as I know (or that's what it asks for when trying to apply, I haven't followed it up).

Opening the account was easy enough, easier than in HK, where I do have a HSBC credit card.

Thanks for the information, I will open the account soon, HK was the other location I was looking at actually!

 

[QF_Flyer]

Thanks for the information, I will open the account soon, HK was the other location I was looking at actually!

No worries - SG was easier than HK, for info. HK asked a lot of questions about my need for it and connection to HK, so unless you specifically want/need a HK account, SG would be my recommendation (they both carry all the same currencies anyway).

I had enough presence in HK to satisfy them in the end, which was something like proof of entry to HK every other month over the preceding 2 years, at that time - that was what I provided, I'm not sure what their cut off is though, if I recall their questioning was somewhat open ended and I guess a manual decision was made.

 

[BJReplay]

Health insurance due in a few days. Can pre-pay up to 18 months. Worked out exactly the amount required to hit a multiple of 5,000 points, which is about 17 months worth.

Still tempted to use the card after 1 October as it has a better earn rate than CommBank after 29 September, but I will then have to track dollars spent

 

[aaa99]

The HSBC rewards website seems to only allow transfers to airline programs in multiples of 5000 points.

Is there any way around this? I am going to end up with some points orphaned.

The chat suggested spending more money to get the balance up . Wasn't going to do that

I may have found a way to clean out those orphaned points. DM me if you want to know.

 

[serfty]

I just received an update giving some dates. All rewards need to be redeemed by 28th February 2027:

What will happen to the HSBC Rewards Plus program

The HSBC Rewards Plus program will end on 30 November 2026. If you close your account before 18 November 2026, HSBC's Credit Card Rewards Plus Program Terms and Conditions apply, your membership in the Program is automatically cancelled and any points not redeemed are forfeited. If your account is not closed before 18 November, you'll have until 28 February 2027 to redeem your HSBC Rewards Plus Points for e-Gift cards or frequent flyer miles programs (where applicable). A reminder that you'll continue to earn HSBC Rewards Plus Points on eligible spend up to and including 17 November 2026. You can check your points balance on your credit card statement on the HSBC mobile app or online banking.

 

[albyd]

Shame was a good card and bank. Ah well, AU is just a small market so it is what it is.

 

[Cynicor]

I’ve hopefully transitioned all spend away prior to the last statement (mid Oct) so we can get the points sorted.

 

[dairyfloss]

I'm invested; I want to know if you actually receive one a week or two ahead of November 17

New card just arrived - such idiots, they are. Valid 10/26 though 11/29