Upsized Deal: Existing HSBC Cardholders Get S$50 eCapitaVoucher, No Minimum Spend!
Update: extended until 5th November 2023!
In a rare display of affection for existing customers, HSBC cardholders can now get a bonus S$50 eCapitaVoucher when they apply for another eligible credit card from HSBC. No minimum spend necessary! Apply latest by 31st October 2023. 5th November 2023.
If they choose to hit S$1,000 of minimum spend, there is another S$50 cashback. This was the usual offer from HSBC which is already generous by itself considering how many banks don’t have any rewards for existing cardholders.
New to HSBC credit cards? You get an even higher welcome offer.
Promo details
Apply for one of the following cards with the links below and follow the sign-up instructions to get your rewards. For the S$150 or S$50 eCapitaVoucher gifts, no minimum spend is required.
For the S$150 cashback or suitcase for new cardholders and S$50 cashback for existing cardholders, a S$1,000 minimum spend is required by the end of the following month from card approval (i.e. approved in October 2023, spend to be done before end of 30th November 2023).
Do note the definition of an existing HSBC cardholder; see below for more details.
HSBC TravelOne
Get 4 complimentary lounge visits via DragonPass. Earn 1.2 miles per dollar on SGD transactions and 2.4 miles per dollar for foreign currency transactions. Full review
✈️ New and Existing Cardholders
Apply by 30th September 2026, pay annual fee of S$196.20, and spend at least S$1,000:
| Reward | |
|---|---|
| New Cardholders | 20,000 miles + Samsonite suitcase |
| Existing Cardholders | 10,000 miles + Samsonite suitcase |
⚠️ Important
- Provide HSBC consent to receive marketing/promotional materials during application
- Make min. spend of S$1,000 by the end of the following month from card approval date to be eligible for rewards (i.e. cards approved in March will have until 30th April to complete spend requirement)
- Annual fee of S$196.20 must be paid
- Existing cardholders are those who have not cancelled any HSBC card in the past 12 months, and their existing HSBC cards were issued more than 12 months ago
For reference only; refer to exact details in terms and conditions
HSBC Live+
Cards approved between 1st April 2025 to 31st March 2026: get upsized 8% cashback on dining and shopping and 5% cashback on fuel. Read the review here.
🎁 New Cardholders
Apply by 2nd August 2026 and choose 1:
Don’t like the gifts? You can choose to top up. Tap on Apply and view options on landing page. Refer to Important Steps below
💳 Existing Cardholders
Apply and receive:
Existing cardholders are those who have not cancelled any HSBC card in the past 12 months, and their existing HSBC cards were issued more than 12 months ago
⚠️ Important Steps
- Provide HSBC consent to receive marketing/promotional materials during application
- Fill up SingSaver Rewards Redemption Form to select your gift
- If no application reference number is provided, use the last 4 digits of your mobile number
- Existing cardholders can fill up the form pick any gift; S$50 cashback will be given upon completion of requirements
- Make a min. spend of S$500 by the end of the following month from card approval date to be eligible for rewards (i.e. cards approved in August will have until 30th September to complete spend requirement)
For reference only; refer to exact details in terms and conditions
HSBC Premier
Get 10X points on eligible Paywave (until 28th February 2026) and online transactions. Annual fee waived for life.
✈️ New and existing cardholders
Get up to 72,000 miles¹ (180,000 Reward points) and no annual fee when you apply as a Premier qualified customer (≥S$200,000 Total Relationship Balance)
Not a Premier qualified customer? You can still get up to 48,000 miles¹ (120,000 Reward points) when you pay the annual fee of S$708.50 (inclusive of GST)
💰 New Premier Customers
Share half of the referral reward² if you use my link and fill up the Google Form
⚠️ Important Notes
For reference only; refer to exact details in terms and conditions
HSBC Advance
Get 10X points on eligible Paywave (until 28th February 2026) and online transactions. Annual fee waived for life.
🎁 New Cardholders
Apply by 2nd August 2026 and choose 1:
Don’t like the gifts? You can choose to top up. Tap on Apply and view options on landing page. Refer to Important Steps below
💳 Existing Cardholders
Apply and receive:
Existing cardholders are those who have not cancelled any HSBC card in the past 12 months, and their existing HSBC cards were issued more than 12 months ago
⚠️ Important Steps
- Provide HSBC consent to receive marketing/promotional materials during application
- Fill up SingSaver Rewards Redemption Form to select your gift
- If no application reference number is provided, use the last 4 digits of your mobile number
- Existing cardholders can fill up the form pick any gift; S$50 cashback will be given upon completion of requirements
- Make a min. spend of S$500 by the end of the following month from card approval date to be eligible for rewards (i.e. cards approved in August will have until 30th September to complete spend requirement)
For reference only; refer to exact details in terms and conditions
Who counts as an existing HSBC cardholder?
While other banks have a pretty straightforward definition of who’s an existing cardholder, HSBC’s definition is pretty convoluted.
First, your last HSBC credit card needs to be approved more than 12 months ago, unless it is the HSBC Visa Infinite and TravelOne card. Second, you must not have cancelled any HSBC credit card in the past 12 months except for the HSBC Visa Infinite and TravelOne card.
Aaron, the venerable yuu user from Milelion, puts it like this:
I think it’s clearer in bullet points, so:
- Applied for HSBC Advance, HSBC Premier, HSBC Revolution, or HSBC Visa Platinum in the past 12 months?
- Cancelled HSBC Advance, HSBC Premier, HSBC Revolution, or HSBC Visa Platinum in the past 12 months?
If the answer to any of the above questions is yes, then you are not considered an existing HSBC cardholder. And just to confirm: both HSBC TravelOne and HSBC Visa Infinite do not affect your existing cardholder status.
More promos
Aside from the oddity in what counts as an existing cardholder, this is definitely a great deal for those who already have HSBC credit cards to pick up a fuss-free S$50 eCapitaVoucher. Stay subscribed for more great deals!
Seth Wee was a licensed financial adviser representative from 2009 to 2025, with over 16 years of experience in Singapore’s financial advisory industry.
He started Sethisfy.com in 2019 to share practical insights on credit cards, banking products, and miles strategies, helping readers identify financial products that deliver the best value. Seth has been featured in CNA, Channel 8, Today, and a host of other publications. In 2025, he was also part of a panel at CPF’s Ready For Life festival.
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