HSBC Advance cashback rate, cap and annual fee
HSBC Advance pays 2.5% at months above S$2,000 and 1.5% on everything else. The card costs SGD 196.20 a year.
This is information about each card's published terms, not a recommendation to apply. PayperWIZ arranges no credit and is paid nothing by any bank or card issuer.
HSBC · Singapore · catalogue v121
Read from HSBC's own published terms on 29 Oct 2026.
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| months above S$2,000everything else | 2.50% | —2.5% on ALL eligible purchases in a calendar month above S$2,000, applied to the whole month. |
| everything else | 1.50% | —1.5% on all eligible purchases, local and overseas, in a calendar month of S$2,000 or less. |
| government | None | —Government payments, fines and taxes: excluded from earning by the issuer's terms. |
| education | None | —School and university fees: excluded from earning by the issuer's terms. |
| phone and internet | None | —Utility and telecom bill payments: excluded from earning by the issuer's terms. |
| insurance, charities and top-ups | None | —Insurance, charities, property management, AXS and e-wallet top-ups earn nothing. |
Questions people ask
What cashback does the HSBC Advance pay?
2.5% at months above S$2,000 and 1.5% on everything else.
Is there a cap on the HSBC Advance?
Yes — SGD 70 a month across the whole card, however you split your spending.
What is the annual fee on the HSBC Advance?
SGD 196.20 a year.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. Every rate in it says where it came from, the way this page does: read off the issuer and dated, or marked indicative.
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