Free Apple AirPods Gen 3 or S$250 Cash for NEW HSBC Credit Card Applications (March 2022)

There is currently a very enticing promotion with Singsaver this month where you can receive a brand new Apple AirPods Gen 3 (worth S$269) or S$250 cash via Paynow. This is stackable with HSBC’s current S$30 cashback given away for those who apply via MyInfo on SingPass. 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. Existing HSBC cardholders will get S$30. This promotion is valid if you sign up until 31st March 2022 11:59pm.

Annual fee is waived for the first year for all the cards listed below. 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 robot vacuum cleaner or cash reward if you wish.

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. 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.

Once your card is approved, remember to spend at least S$500 (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 60 to 90 days with instructions on how to claim your gift.

Here are the HSBC cards that qualify for the promotion:

HSBC Revolution

Earn 4 miles per S$1 spend on online and contactless payments. 

Annual Fee: Waived every year

Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)

APPLY HERE

HSBC Advance

Get 1.5% cashback on all purchases with no minimum spend. Cashback goes up to 2.5% if you spend more than S$2,000 in a month.

Annual Fee: S$192.60 (waived for first year)

Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)

APPLY HERE

HSBC Visa Platinum

5% cashback on selected categories such as dining and groceries.

Annual Fee: S$192.60 (waived for first year)

Minimum Income Requirement: S$30,000 per year (Singaporean/PR); S$40,000 (foreigner)

APPLY HERE

Why is the sign-up gift so attractive?

The traditional way of getting new card sign ups – that of hiring promoters and organizing roadshows in areas with heavy foot traffic – actually cost a lot of money. Many card companies have resorted to doing it online for the past few years – often through the help of aggregators such as Singsaver. The cost saving allows them to offer attractive gifts from time to time such as cash, luggage or in this case, the AirPods. In this case, both the credit card issuing bank and Singsaver could also jointly fund the gift.

Fulfillment of this promotion is done by Singsaver. You can check here for the full T&C.