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● The is a prestigious credit card designed for HSBC Premier customers, offering an array of benefits and features tailored to meet the needs of discerning clients. With its robust rewards program, extensive travel privileges, and added perks such as cash rebates and digital health services, this card stands out as a top choice for frequent travellers and high-spending individuals. This comprehensive review will delve into the key features, pros and cons, and how the HSBC Premier Mastercard compares to other premium cards on the market in 2024. If you are short on time, here’s a quick summary of the . This card offers substantial benefits, including up to 5% cash rebates on essential categories like dining, groceries, petrol, and transport, provided you spend a minimum of SGD 600 monthly. The rebates are capped at SGD 150 per month, potentially offering up to SGD 1,800 in annual savings. Additional perks include 1 Reward point per dollar spent, comprehensive travel insurance, a complimentary global data roaming pass, and no annual fee. It’s an excellent choice for HSBC Premier customers looking for a well-rounded credit card with substantial travel and lifestyle benefits. The HSBC Premier Mastercard provides cardholders with 5% cash rebates on dining, groceries, petrol, and transport expenses, both locally and internationally. To qualify for these rebates, a minimum spend of SGD 600 per month is required. The cash rebate is capped at SGD 150 per month, allowing for potential annual cash rebates of up to SGD 1,800. Cardholders earn 1 Reward point for every dollar spent on all purchases. These points can be redeemed for various rewards, including travel, shopping, and dining vouchers. The card includes several travel benefits, such as: The HSBC Premier Mastercard has no annual fee, which is waived perpetually, providing long-term value without additional costs. Cardholders can apply for up to five supplementary cards at no extra cost, making it convenient for family members to share the benefits. The card offers complimentary access to telemedicine services through Digital Health Xtra, adding a valuable health benefit for users. HSBC Premier Mastercard holders can enjoy various promotions and discounts, such as up to 17% savings on petrol at Shell and Caltex stations. To be eligible for the HSBC Premier Mastercard, applicants must meet the following criteria: The card offers flexible payment options such as HSBC Spend Instalment, Cards Instalment Plan, and PayLater, allowing cardholders to split their purchases into interest-free instalments. Eligible individuals can apply for the card using Myinfo via Singpass for a streamlined and hassle-free application process. When comparing the HSBC Premier Mastercard to other premium credit cards available in Singapore, it holds its own with its comprehensive benefits package. However, the key differentiator lies in its perpetual annual fee waiver, which is not commonly offered by other high-end cards. For example, the offers extensive travel benefits and rewards but comes with a substantial annual fee. Similarly, the provides robust travel perks and concierge services but also requires a significant annual fee. In contrast, the HSBC Premier Mastercard offers a balanced mix of rewards, travel benefits, and cash rebates without the burden of an annual fee, making it an attractive option for cost-conscious high spenders. The HSBC Premier Mastercard is a standout choice for HSBC Premier customers looking for a card that combines substantial rewards, extensive travel benefits, and valuable perks without the additional cost of an annual fee. With its high cash rebates, robust rewards program, and exclusive offers, this card caters to both local and international spending needs. While the eligibility requirements may be restrictive, those who qualify will find the HSBC Premier Mastercard to be a highly rewarding and versatile credit card in 2024.