Credit Card Compare

HSBC Premier Mastercard

Data last updated 25 October 2026
27.80%
Purchase rate
S$708.50
Annual fee
145,500
Bonus points

Do you manage HSBC card listings? Claim on Partner Central

Application

CardIQ

58Good

Good

Overall score, out of 100 · How this works

  • Airport lounge54
  • Rewards63
  • Sign-up bonus73
  • Travel44

Customer reviews

No reviews yet. Be the first to review the HSBC Premier Mastercard.

Pros & cons

What's good

  • 145,500 bonus points to start, worth around S$870 at our 0.6c-per-point valuation.
  • The 27.8% p.a. purchase rate is among the lowest ongoing purchase rates (the median card charges 27.85% p.a.).
  • Complimentary airport lounge access.
  • Earns 6.9 points per S$1 on overseas spend.
  • No fee to add an additional cardholder.

Worth noting

  • SGD708.50 inclusive of GST. Annual fee waived for Premier customers maintaining TRB of at least SGD200,000 with HSBC Singapore. Annual fee waiver also available for other cards (not Premier) if cardholder charges minimum SGD12,500 per year. The S$709 annual fee is still toward the top of the market (the median is S$0).

Card details

The basics

Additional cardholder fee
S$0 p.a.
Card tier
Platinum
Card type
Mastercard
Card use
Personal
Credit limit
Not published
Credit rating
Not published
Rewards program
HSBC Reward points

Eligibility

Instant approval
Not published
Joint application
Not published
Minimum age
21 years old
Minimum income
S$30,000 p.a.
Residency
Singapore
Temporary residents
Not published

Rates & fees

Ongoing interest rates

Cash advances
Undisclosed
Purchases
27.80% p.a.

Fees

Additional cardholder fee
S$0
Annual fee
S$708.50 p.a.
Cash advance fee
8% of the amount
Foreign transaction fee
3.25%
Late payment fee
S$100

Repayments

Interest-free period
Not published
Minimum repayment
1% of your remaining outstanding balance … 100% of any interest, late fees, annual credit card fees and overlimit fees … subject to a minimum of $50

Balance transfers

This card has no promotional balance transfer offer.

Introductory purchase offer

This card has no introductory purchase rate offer.

Rewards

Earn rate

Everyday spend
4.2 pts per S$1
Bonus categories
None
Other purchases
None
Overseas spend
6.9 pts per S$1 on overseas spend
Reduced rate above monthly cap
None
Points cap
Uncapped
Points expiry
—

Sign-up bonus

Bonus spend required
spend at least SGD5,000 in qualified spending within the stated period
Sign-up bonus
145,500 points

Where this card sits vs similar cards

Compared with every other personal credit card we list that has the feature. The further right the dot, the better this card does.

Sign-up bonusS$873Best in market (1st of 11 cards)
Rewards valueS$907 a yearTop 10% (2nd of 22 cards)
Purchase rate27.80%Top 10% (3rd of 38 cards)
Overseas fee3.25%Better than most (11th of 38 cards)
Annual feeS$709 a yearAmong the most expensive (37th of 38 cards)

Data as at October 2026. Rates change often, so check the issuer's terms. Factual information, not a recommendation.

Compare side by side

Browse by card type

Compare the HSBC Premier Mastercard against every other card in its category.

Airport loungeFree additional cardsKrisFlyerRewardsSign-up bonusTravelView all →

Questions and answers

No questions yet. Ask the first one about HSBC Premier Mastercard.

Sources

Credit Card Compare
Australian credit card statisticsHow CardIQ scores cards
Issuer
HSBC