Wouldn’t it be nice to have a credit card that rewards you more every time you travel overseas? HSBC Visa Signature credit card does just that. Cardholders are also rewarded handsomely when they shop locally.
More Reward Points
HSBC Visa Signature is one of the few credit cards in Malaysia which offer 10x reward points for every RM1 charged to the card. Reward points are awarded based on hotel accommodation and dining charges overseas up to a maximum of RM2000 per month.
Moreover, HSBC Visa Signature credit cardholders can also earn points when they shop in Malaysia. You can get 8x Reward Points when you swipe your card at Mid Valley Megamall and The Gardens Mall. Plus, you can collect 5x rewards points for every RM1 spent on groceries and other items at selected shopping malls which include Gurney Plaza, KSL City Mall, 1Borneo Hypermall and more. Wait, there's more! You will also earn 5X rewards points on room and dining at local hotels and flight puchases on selected airlines such as Malaysia Airlines, Singapore Airlines, Cathay Pacific, Emirates Airlines and Qatar Airways. For all the other spending, you will be rewarded with 1x Reward Points on each RM1 you spent.
Such a generous reward points system will enable cardholders to quickly accumulate points to redeem great deals from HSBC VIP Rewards Programme. A wide range of offers are available such as dining & shopping vouchers, electronic gadgets, home & kitchen appliances, Air Miles, fee waivers, lifestyle items, travel accessories and more. Reward Points earned are valid for up to 3 years. All Reward Points must be redeemed prior to their expiry.
Travel Benefits
The travel perks under HSBC Visa Signature credit card are designed to enhance cardholders’ pleasure and peace of mind when they go abroad. In addition to the reward points they can collect on hotel and dining expenses, cardholders are eligible for a complimentary flight & travel accident insurance from takaful coverage of up to RM1500000.
They will also receive Priority Passes to Plaza Premium Lounges in airports nationwide. In addition, cardholders can cash in on the many exciting offers in the Home & Away Privilege Programme which include shopping, dining & entertainment discounts and exclusive deals at 19000 outlets in more than 160 countries.
Interest Savings
HSBC Balance Transfer Programme is also one of the features under this credit card. Cardholders can transfer outstanding balances from other credit cards or charge cards to HSBC Visa Signature credit card for easy management. They can then pay off the combined balances at 3% interest for the first month and 0% interest for the remaining 5 months to save on interest payments.
Requirements
With a minimum annual income requirement of RM100000 not many people can qualify to apply for HSBC Visa Signature credit card. But for those who can, the rewards and travel privileges offered are definitely the best in its class and deserving every Ringgit of the RM636 annual fee.
Foreigners with PR or on spouse visa can also apply for HSBC Visa Signature, but you'll need to earn a minimum income of RM120,000 annually in order to apply.