There is currently a very enticing promotion with Singsaver this month where you can receive a brand new Tilt 500 XS 14 Folding Bike (Silver) (worth S$360) or Apple Watch SE (worth S$419) or S$350 cash via Paynow. New HSBC credit cardholders (those who have not held an HSBC card in the past 12 months) who apply for a credit card and get approved can choose to receive one of the abovementioned gifts. This is also stackable with HSBC’s current cash reward of S$30 for applications made with MyInfo thru Singpass. Effectively this makes the cash reward as much as S$380. If you are an existing HSBC cardholder, you can get S$30 (additional S$30 with MyInfo) for a total of S$60. This promotion is valid if you sign up from 14th April 2022 until 4th May 2022 11:59pm.
In terms of the cash reward, the current S$350 is the highest that HSBC has ever offered for new sign-ups.
Annual fee is waived for the first year for all the cards listed below except for the HSBC Revolution Card which has its annual fee waived perpetually. For the other cards, HSBC usually waives the annual fee for succeeding years as long as you actively use the card but if not, you can always cancel to avoid paying the annual fee. You can even cancel the credit card after receiving the sign-up gift or cash reward if you wish.
this is how the folding bike looks like if you choose this option. alternatively, you can go with the S$350 cash reward or apple watch se
Note that this offer is valid only if you apply via the below exclusive links (direct application with HSBC doesn’t count for the promotion). Why is that so? Singsaver actually acts as an aggregator and affiliate partner for HSBC cards and from time to time, Singsaver and HSBC may jointly fund the gift in order to split the marketing expense between them.
After clicking submit on your credit card application, make sure to take note of your Application Reference Number. For HSBC cards, the reference number is the last 4 digits of your mobile number. You will have to fill out a redemption form (automatically sent to your email once you make a card application) in order to be registered. If you choose to get the cash gift, do ensure that the phone number you fill out in the form is the same as the mobile number for you to receive PayNow payments.
Once your card is approved, remember to spend at least S$800 (can be in multiple transactions) within 30 days of receiving your card in order to receive the gift or cash reward. You will get an email within 120 to 150 days with instructions on how to claim your gift. If you are looking for ways to spend S$800 within a month, there’s that time-honored method of buying vouchers from NTUC Fairprice and paying for it with your credit card.
Here are the HSBC cards that qualify for the promotion:
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