Overview of HSBC Credit Cards In Malaysia
The world's local bank brings a great range of conventional and Islamic credit cards to Malaysia. From the Amanah M-Power range to the travel-ready HSBC Visa Signature, HSBC credit cards have something to offer everyone.
HSBC Credit Card Campaign FAQs:
For 2 days only, qualified applicants of eligible HSBC credit card(s) will receive a free guaranteed sign-up gift of either the following:
- RM800 Touch 'n Go E-Wallet Credit (Guaranteed to qualified applicants who have applied for the HSBC Live+ Credit Card)
- RM500 Touch 'n Go E-Wallet Credit (Guaranteed to qualified applicants who have applied for the HSBC Visa Signature Credit Card and HSBC TravelOne Credit Card)
This promotion runs from 11 December 2024 to 13 December 2024, subject to the campaign's terms and conditions.
Who is qualified for this promotion?
This campaign is open to new customers only. Existing primary cardholders, those who have their HSBC credit card application approved or denied within 6 months from the date of application or those who have cancelled their HSBC credit card(s) within 6 months from the campaign’s start date are not eligible.
How to be eligible for the gift?
Apply, get approved by HSBC, activate the new card, and subsequently spend a minimum of RM1,000 in retail transactions within 60 days of the card approval date.
Which credit card(s) can I apply for?
You can apply for:
- HSBC Visa Signature Credit Card
- HSBC TravelOne Credit Card
- HSBC Live+ Credit Card
Where can I reach out for more information?
For any questions, please get in touch with us via email at [email protected]. We're happy to help!
What are the features and benefits of HSBC credit cards?
Elevate your lifestyle even better with an HSBC credit card! Check out the features and benefits you get to enjoy.
Easy ways to earn reward points
HSBC rewards generously those who love to shop, thanks to its Reward Points.
With the HSBC Platinum Credit Card, you can enjoy 8x Reward Points when you tap your card for daily purchases (contactless spending) via MasterCard Tap & Go™, Visa payWave or Samsung Pay.
On top of that, this HSBC credit card will also reward you with 5x Reward Points for overseas and grocery spending, plus online shopping at Lazada, Shopee, Zalora, Grab and Fave.
While shopping at local malls in Malaysia with HSBC Visa Signature can get you 5x Reward Points, you can also enjoy 8x Reward Points when you spend on all retail overseas, as well as on online spending made in foreign currency.
With all the reward points you’ve earned as part of your benefits, you can redeem a wide range of offers such as dining and shopping vouchers, electronic gadgets, home and kitchen appliances, air miles, annual fee waivers, lifestyle items, travel accessories and more!
Earn cashback on essentials
Swipe your HSBC Amanah MPower Platinum Credit Card-i on Petrol, Groceries and E-Wallets today as you can get your cashback every month!
When your total monthly spending exceeds RM2,000, this card rewards you with 8% cashback. For total monthly spending below RM2,000, 1% cashback will be yours.
This cashback applies to spending made at any petrol station like Caltex, Petronas or Shell; and even big supermarkets like Giant, Lotus's, AEON BiG and Mydin; all capped at RM15 per month.
For other local and overseas retail spending that is not part of the mentioned categories above, a 0.2% cashback will be rewarded to you, with no monthly spending requirement and no capping.
Travel benefits and insurance coverage
In addition to the reward points and cashback, you are in for a world of privileges for your travel and leisure with an HSBC Malaysia credit card!
The travel perks under the HSBC Visa Signature credit card are designed to give you peace of mind when you go abroad.
On top of reward points, you can collect on overseas, and foreign currencies and selected local mall transactions, you will also receive free passes to participating Plaza Premium Lounges in selected airports.
Also, you can redeem many exciting offers in the Home & Away Privilege Programme which includes shopping, dining and entertainment discounts and exclusive deals at 19,000 outlets in more than 160 countries.
Flexible credit lines with HSBC credit cards
HSBC cards are handy when you stumble on emergency cash needs.
To meet your varied financial needs, HSBC cards offer a range of lines of credit with flexible repayment methods at competitive rates like the following:
HSBC Balance Transfer Instalment
This programme is a debt consolidation plan with lower charges and flexible repayment tenures whereby you can manage your finances via one consolidated account to monitor.
Simply transfer a minimum of RM1,000 from your outstanding balances, capped at 60% of the credit limit, from other bank credit cards to your new HSBC credit card, and pay off the combined balances at a one-time upfront rate as low as 3.88% for 12 months.
HSBC Cash Instalment Plan
Need instant cash? HSBC Cash Instalment Plan is a cash loan plan with a low flat rate of 3.88% p.a. over a 12-month tenure with a 60% capping of your credit limit.
The promotions above apply to new HSBC credit card customers (who haven’t held any HSBC principal credit cards in the past 6 months) who apply for this Cash Instalment Plan in the same credit card application journey.
If you apply for this plan after your new HSBC credit card is approved, you’ll have to contact the bank to find out more about the rates.
For existing HSBC credit card customers (holding at least one principal HSBC credit card at the point of credit card approval), you’ll enjoy 4.88% p.a. over a 12-month tenure when you apply for this plan together with a brand-new HSBC credit card in the same application journey. Otherwise, please contact the bank for more details.
HSBC Card Instalment Plan
Another instalment option is via HSBC Card Instalment Plan which comes with a 0% instalment for up to 36 months at over 500 participating retail outlets.
Swipe and pay to access the Card Instalment Plan’s benefits.
What is the interest rate of the HSBC credit cards?
HSBC adopts a tiered interest rate in the range of 15% to 18% per annum.
The interest rate charged will commonly be higher should you have a history of inconsistent repayments and lower interest rates if you are prompt in repayments.
What are the minimum monthly repayments for HSBC credit cards?
HSBC members are required to make minimum monthly repayments of 5% of the current balance or a minimum of RM50, whichever is higher.
Monthly repayments will have to be made on the stipulated due date.
Failing to do so may result in a late payment charge of a minimum of RM10 or 1% of the total outstanding balance (excluding interests and fees), whichever is higher and up to a maximum of RM100.
How much does it cost to get a replacement HSBC credit card?
If your card got lost, stolen or damaged, you can get a replacement credit card for RM50 per card within five to seven working days from the date of issuance.
Am I eligible to apply for HSBC credit cards?
To apply for an HSBC card, the principal cardholder will have to be at least 21 years old, while the supplementary cardholder is to be at least 18 years old.
Minimum annual income, on the other hand, differs from card to card.
| APPLY FOR HSBC CREDIT CARD - ELIGIBILITY | |
|---|---|
| Age of Principal Cardholder | Minimum 21 years old |
| Age of Supplementary Cardholder | Minimum 18 years old |
| Nationality | Anyone |
| Income Requirement (monthly)* |
|
*Please note that the minimum income requirement for expatriates might be different.
What are the documents required to apply for an HSBC credit card?
You can compare and apply online for the HSBC credit card via RinggitPlus. Simply click on the Apply Now button above and we'll assist you!
To speed up your application, it’s best to prepare the general documents required for the application like the following.
| Documents to Apply for HSBC Credit Cards | ||
|---|---|---|
| Salaried Employee | Self-Employed | Foreigner/Expatriate |
|
✔ Copy of your IC (both sides) ✔ Latest 3 months salary slips OR latest EPF statement ✔ Latest 6 months bank statements ✔ Latest BE Form with an official tax receipt |
✔ Copy of your IC (both sides) ✔ A copy of Form 9, 24 and 49 OR Business Registration Certificate ✔ Latest 6 months company's bank statements ✔ Latest B Form with an official tax receipt |
✔ Copy of Passport ✔ Latest 3 months' salary slips ✔ Letter of confirmation from employer stating position, remuneration and duration of employment ✔ Employed with Multinational/Public Listed Companies/Government/Semi-Government/HSBR corporate lending employers only |
*If you have applied for any supplementary cards, please include a copy of your Supplementary card holder's IC (both sides).
How do I apply for an HSBC Credit Card?
An application can be made online with us at RinggitPlus!
All you have to do is compare all credit cards and apply. Not to forget, you can also get sign-up gifts thanks to the ongoing HSBC credit card promotion.
Best HSBC Credit Cards in Malaysia 2024:
HSBC Visa Signature Credit Card
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.
This HSBC travel credit card also rewards cardholders handsomely when they shop locally.
So, swipe your way to exclusive benefits and privileges including 8X reward points and shopping discounts. It's your VIP access to the world around you!
HSBC TravelOne Credit Card
Explore the world with one of the best travel credit cards in Malaysia.
Available to all world explorers, the HSBC TravelOne Credit Card offers one of the best air miles conversion rates and comprehensive travel perks among local credit cards.
Enjoy a generous 6X free passes to participating Plaza Premium Lounges and up to USD 250,000 worth of complimentary travel insurance!
HSBC Amanah MPower Platinum Credit Card-i
Enjoy extra savings and up to 8% cashback on your petrol, groceries and e-wallets.
This HSBC cashback credit card makes it easy to save, even as you spend.
HSBC Platinum Credit Card
Who doesn't love being rewarded while spending money?
Meet your new shopping buddy, which gives you 8X rewards and benefits when you spend on your contactless spends at the mall.
On top of that, this HSBC credit card also lets you claim awesome dining and travel rewards!
HSBC Live+ Credit Card
Enjoy the pleasures of life while maximising your expenses by earning cashback worth up to 8% with the brand new HSBC Live+ Credit Card.
Spend on dining, shopping and entertainment to earn the cashback! Other domestic and overseas spending are also eligible.
What's more, enjoy up to 15% discount at over 200 selected restaurants locally and across Asia with the curated Live+ Dining Programme, including RM10 off at any GSC Cinema outlet every Saturday and Sunday, valid until 31 July 2025!
