Received this SMS from HSBC Retail:
HSBCSG: With effect from 2 Aug 2021, Advance Credit Card 1% Bonus Cashback will be replaced by HSBC Everyday+ Cashback. Details can be found at hsbc.com.sg/adv
Then I went to their website to get myself updated to their latest changes. Seem like HSBC up the monthly spending limit again.
Here's how you can earn up to 3.5% cashback. Their 3.5% cash back is calculated after the amount of $2000 SGD which mean:
$2000 x 2.5%
(Other Amount - 2000) x 1%
Banks are smarties right. ;-)
1 view footnote 1
| Monthly spend | Base Cashback2 view footnote 2 | Maximum cashback per calendar month(cap) |
|---|
SGD2,000 and below
| 1.5% cashback
| SGD70
|
|---|
Above SGD2,000
| 2.5% cashback
| SGD70 |
|---|
Earn 1% Bonus Cashback3 view footnote 3 when you:
Deposit a minimum of SGD2,000 in fresh funds to your HSBC Everyday Global Account monthly; and
charge 5 transactions to your HSBC Advance Credit Card monthly
Maximum cashback per calendar month at SGD300
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