HSBC · Visa Signature · Miles

HSBC Visa Signature

Good for

Foreign currency spend earns 8 points per RM1, on up to RM2,143 a month.
Local online spend and in-store shopping earn 5 points per RM1, up to RM3,750 a month each.
6 Plaza Premium lounge visits a year.

Reward Points, per RM spent. Each row says what the points are worth.

Spending	Earns	Details
Overseas / FX in-person and Online (foreign currency)	8 points per RM	On the first RM2,143 a month. 0.33 miles per RM with Enrich, or 0.32 miles per RM with KrisFlyer or Asia Miles.
Offline shopping, Fashion and Department store in shops in ringgit	5 points per RM	On the first RM3,750 a month. 0.21 miles per RM with Enrich, or 0.2 miles per RM with KrisFlyer or Asia Miles.
Online shopping, Touch 'n Go reload, Grab top-up / GrabPay and more online in ringgit	5 points per RM	On the first RM3,750 a month. 0.21 miles per RM with Enrich, or 0.2 miles per RM with KrisFlyer or Asia Miles.
Everything else	1 point per RM	0.04 miles per RM.
Petrol, Government / LHDN / JPJ and JomPAY / FPX / DuitNow to billers	Nothing

Enrich: 24,000 points for 1,000 miles Moved in blocks of 24,000 points.
KrisFlyer: 25,000 points for 1,000 miles Moved in blocks of 25,000 points.
Asia Miles: 25,000 points for 1,000 miles Moved in blocks of 25,000 points.

Airport lounges: 6 free visits a year Plaza Premium. KLIA, Singapore Changi and Hong Kong. Main cardholder only. One visit a day, up to 3 hours. Guests 12 and over get 25% off.
Overseas spending fee: 1% 1% HSBC conversion cost, plus any fee Visa or Mastercard adds.

What it costs if you don't pay in full, or use it for cash.

Annual fee: RM600 Free the first year. Waived if you spend RM24,000 in a year.
Extra (supplementary) cards: RM300 a year Plus RM25 service tax each year.
Service tax: RM25 a year per card A government charge on every credit card in Malaysia, billed by the bank.
Interest: 15%, 17% or 18% a year Depends on how reliably you paid over the last 12 months. None if you pay the full balance by the due date (20 days after your statement).
Minimum monthly payment: 5% of the balance, or RM50 Whichever is higher, plus any instalments and unpaid past minimums.
Late payment: 1% of the balance, RM10 to RM100 Charged when the minimum payment is late.
Cash withdrawal: RM8.70 fee per withdrawal Plus 8% service tax on the fee, and 18% a year interest from the day you take it out. No interest-free days. An unpaid cash advance also cancels the interest-free days on your other spending. HSBC also adds a handling charge at ATMs.
Replacement card: RM50

Income: RM102,000 a year or more
Age: 21 or older Extra cardholders from 18.
Documents: MyKad, both sides
Employees: the latest EPF statement, plus 3 months of payslips, a commission statement, 3 months of bank statements, or Form BE with the tax receipt
Self-employed: business registration or trading license, plus 6 months of bank statements, the latest EPF statement, or Form B with the tax receipt or CP02
Foreigners must work for a multinational, listed or government employer, or an HSBC corporate lending employer. They need a passport, a work permit valid at least 1 year, a letter from the employer and 3 months of payslips or bank statements.

Pay by phone: Apple Pay, Google Pay, Samsung Pay Add it in Apple, Google or Samsung Wallet, then verify it in the HSBC Malaysia app. A supplementary card needs the main cardholder to call HSBC.
Card network: Visa Signature