HSBC Visa Signature credit cards are famous for their numerous benefits. If your income meets its requirement ($240,000) to apply for the card, you should apply online to earn a welcome offer of RewardCash up to $800 and enjoy a waiver on the first two years’ annual fees. By taking a little time to understand the Red Hot Rewards and RewardCash offers, along with other merchant promotions, you can truly maximise your earnings with HSBC Visa Signature credit card.
HSBC Visa Signature Card Review 2025: Is it worth applying? MoneySmart credit card rating
HSBC Visa Signature Card Review 2025 —Is it MoneySmart? |
Overall: ★★★☆☆ |
Best for: Get the maximum value by specific spending categories (i.e., dining) |
Category | Our rating | Explanation |
Earn rates: air miles & cashback | ★★★★☆ |
|
Earn categories | ★★★☆☆ |
|
Annual fees and charges | ★★★☆☆ |
|
Extras/periphery rewards | ★★★☆☆ |
|
Welcome offer | ★★★☆☆ | Welcome Offer
|
- Min. Annual Salary
- HK$240,000
- RewardCash Rebate
- Up to 3.6%
- Miles Conversion (local spend)
- HK$2.78 = 1 Mile
【Get Rewards Worth Up to HK$650 Upon Card Approval + Up to $1,000 RewardCash Bank Welcome Offer + Up to 8% Rebate on Apple Spending 🚀】
From now until 30 September 2026, new and existing credit card customers who successfully apply for a designated HSBC Credit Card via MoneySmart and submit the Reward Redemption Form on or before 10 October 2026 can enjoy a MoneySmart-exclusive Trip.com 8% off hotel promo code + HK$100 flight promo code, with no spending required, plus 🎁 one of the following 3 exclusive rewards:
・3-Hour Plaza Premium Lounge Pass in Asia Pacific (Value: HK$650)
・Branden Korea Safe Plus Anti-Theft Wallet (Value: HK$305, random colour)
・Kodak Charmera Keychain Digital Camera Blind Box – Millennium Special Edition (Value: HK$268, random colour)
⠀⠀
🌟 Upon successful card approval and fulfilment of the designated requirements, enjoy a bank welcome offer of up to $1,000 RewardCash!
⠀⠀
【🍎Apple Exclusive】 From 10 September to 13 November 2026, spend with an HSBC Credit Card via Apple Pay at Apple Store retail stores, the Apple Store Online or Apple Store App to earn an extra 8% RewardCash rebate (up to $750 RewardCash)! Terms and conditions apply.
⠀⠀
【📱Phone First, Work Later! HK$100K+ Worth of Prizes Up for Grabs🔥】
From 11 September 2026 (12:00 noon) to 11 October 2026 (11:59 pm), successfully apply for any designated product via MoneySmart and meet the eligibility requirements, you can participate in the "Phone First, Work Later" mini game on the campaign page ⏩ Top 100 Eligible Participants with the highest scores will win prizes worth over HK$100,000 in total, including iPhone Duo, iPhone 18 Pro Max, Apple Watch Ultra 4, and more! Visit the campaign page for details. T&Cs apply.
Table of contents: HSBC Visa Signature Card Review 2025
- HSBC Visa Signature Card Review : RewardCash
- HSBC Visa Signature Card Review : Welcome offers
- HSBC Visa Signature Card Review : Fees and charges
- HSBC Visa Signature Card Review : Annual income requirement
- HSBC Visa Signature Card Review : Basic information
- Review: Should you apply for an HSBC Visa Signature Card Review?
- Frequently asked questions: HSBC Visa Signature Card Review
HSBC Visa Signature Card Review : RewardCash
New HSBC Visa Signature cardholders: Earn up to $1,288 RewardCash
New HSBC Visa Signature credit cardholders who spend HK$8,000 within the first 60 days after the card is issued can enjoy a welcome $800 RewardCash. If you successfully apply for the Cash Instalment Plan after activating a new card and get an approved amount of $20,000 or more with a repayment period of 12 months or more, you can enjoy an additional $200 RewardCash, which means you can earn up to $1,288 RewardCash:
Reward Type | Amount |
A. Welcome offer | $800 RewardCash |
B. RewardCash basic (0.4%) | $32 RewardCash |
C. "Red Hot Rewards of Your Choice Bonus Boost" (2%) | $160 RewardCash |
D. Visa Signature exclusive extra RewardCash rebates (1.2%) | $96 RewardCash |
E. Cash Instalment Plan | $200 RewardCash |
Total | $1,288 RewardCash |
In summary, the first thing new HSBC Visa Signature credit cardholders should do after getting their HSBC Visa credit card is to register for the "Red Hot Rewards" promotion. Remarks are as follows:
- Register online or via HSBC Reward+ App
- It takes 3 business days for the registration to be effective.
- Strongly recommend allocating all 5X points to the same Red Hot Rewards 5 categories (Overseas and Mainland China Spending, Dining, Health & Leisure, Home, and Lifestyle).
Existing HSBC Visa Signature cardholders
If you are already an HSBC credit cardholder, such as with the HSBC Red Card, it's time for your cards to work together! Use the HSBC Red Card primarily to earn 4% RewardCash on online spending, while the HSBC Visa Signature can be allocated to earn 3.6% RewardCash on dining spending.
Reward Type | Amount |
A. Welcome offer | $200 RewardCash |
B. RewardCash basic (0.4%) | $32 RewardCash |
C. "Red Hot Rewards of Your Choice Bonus Boost" (2%) | $160 RewardCash |
D. Visa Signature exclusive extra RewardCash rebates(1.2%) | $96 RewardCash |
Total | $488 Reward Cash |
HSBC RewardCash Rebate Summary
Rebate Category | Rebate % |
RewardCash Basic | 0.4% |
Red Hot Rewards of Your Choice Bonus Boost | 2% |
Exclusive extra RewardCash rebates | 1.2% |
Total | 3.6% |
Red Hot Rewards of Your Choice rebate limit and bonus
During the promotional period (1 January 2025 to 31 December 2025), the first HK$100,000 of eligible transactions are entitled for the extra 5X (2%) RewardCash. A maximum of $2,000 extra RewardCash can be earned. This limit also applies to the 3X (1.2%) extra RewardCash rebates; a maximum of $1,200 extra RewardCash can be earned.
Moreover, cardholders will receive an extra $1,000 RewardCash upon accumulating HK$150,000 or more in eligible transactions.
HSBC Visa Signature Card Review : Welcome offers
New HSBC Visa Signature card cardholders can enjoy up to $800 in RewardCash. Plus, if you successfully apply for a Cash Instalment Plan with more than $20,000 and a repayment period of 12 months or more, you can earn an extra $200 RewardCash, bringing your total rewards to up to $1,000.
HSBC Visa Signature Card Review : Fees and charges
Annual Principal Fee | Primary card: HK$2,000Supplementary card: HK$1,000 |
Interest Free Period | Up to 56 days |
Annualised Percentage Rate (APR) for Purchase | 35.42% |
Cash Advance Fee and Handling Fee | a handling fee of 1% on the cash advance amount, subject to a HK$100 minimum charge |
APR for Cash Advance | 35.94% |
Minimum Payment Due | all fees and charges plus 1% of the statement balance, or HK$300, whichever is higher |
Late Charge | HK$300 |
Foreign Currency Transaction Fee | 1.95% |
HSBC Visa Signature Card Review : Annual income requirement
Annual income from HK$240,000 or holding assets from HK$400,000
HSBC Visa Signature Card Review : Basic information
Feature | Details |
Basic spending rebate | 0.4% |
Overseas spending rebate | Up to 3.6% |
Dining spending rebate | Up to 3.6% |
Online purchasing rebate | 0.4% |
Octopus Automatic Add Value Service (AAVS) spending rebate | 0.4% |
Bill payment (via online banking) rebate | 0.4% |
Annual income requirement | HK$240,000 or holding assets from HK$400,000 |
Interest Free Period | Up to 56 days |
Foreign Currency Transaction Fee | 1.95% |
Review: Should you apply for an HSBC Visa Signature Card?
HSBC Visa Signature Pros
- Attractive rebate: Enjoy up to a 3.6% "RewardCash" rebate.
- Diversifying rewards: "RewardCash" can be exchanged for miles (as low as HK$2.78=1 mile), gifts, or cash.
- Exclusive dining and shopping discounts: Enjoy discounts on dining and shopping all around the world, e.g. Buy 1 get 1 free regular-priced 2D movie ticket every Monday–Thursday at Emperor Cinemas
- Relatively low application threshold: The annual salary requirement has been reduced from $360,000 to $240,000 in March 2024! To apply, you must have an annual income of at least HK$240,000 or hold assets of HK$400,000 or more.
HSBC Visa Signature Cons
- Registration required for additional RewardCash: To enjoy extra RewardCash, HSBC Visa Signature cardholders need to register and spend in the designated categories in order to earn the year-round rewards. Cardholders can only change the choice of designated category on an annual basis and cannot change as they want to.
Frequently asked questions: HSBC Visa Signature Card
What are the welcome offers for HSBC Visa Signature?
Up to HK$800 RewardCash and two-year annual fee waivers.
What is "Red Hot Rewards of Your Choice" and how to apply?
With this programme, cardholders can earn basic 1X RewardCash and an extra 5X RewardCash on five spending categories, including Dining, Health, Leisure, Home, Lifestyle and Overseas Spending. This gives you more choices and allows you to earn rewards much faster.
To join, you need to register by completing the online registration form on HSBC website or via HSBC Reward+ app.
How can I apply for an HSBC Visa Signature supplementary card?
The primary cardholder can apply for an HSBC Visa Signature supplementary card on the HSBC website.
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