Bank are strict about income requirements these days. And card types are segregated by market segment thus you see card types.
I believe you want the Visa Signature because of the perceived "status" value - if everyone qualifies for it then where's the perceived "value" ? And i'm sure you don't want such a card.

Simple hypothetical test

Citibank VISA Signature
MBF VISA Signature

From the above, which one people think has better perceived value ? (hypothetical same card type)
You know your own answer right ?

Give me FREE for Life MBF World MasterCard or VI also I don't want, hahaha

As for CL, I can tell you HSBC VS CL starts from RM5K!!! This is because there were some previous Plat holders were automatically upgraded to VS. However, most HSBC VS card holders I know of (which is very limited) have higher CL  than HSBC Premier World MasterCard.

As for VI - it stands for Visa Infinite. And why I don't want (not that I can qualify for it), is as mentioned by hye - perception.

That's what happened when you use it as a marketing ploy. We don't blame them as a large percentage of the readers who come in here want nothing less than a Platinum and sometime Premier range cards - unfortunately in most cases as well they don't qualify for it. With the credit card market tightening due to BNM rules so how else to attract customers ?

Don't blame the banks ... banks offer products which are driven by customers demands. Customers want "perceived" prestige / class and that's exactly what they will get.

Sorry again ... but CL these days are "conservatively" awarded by the banks. Card type would not impact HSBC CL decision.

FYI, in the first quarter of 2011, HSBC launched their Visa Signature where the annual income requirement is RM100K. Prior to the VS, HSBC Plat annual income requirement was also RM100K but because they were "hadap" for customers, one did not need to earn RM100K to get a HSBC Plat (applies to all banks back in 2011 where one can apply for a credit card based on existing card).

And HSBC Plat card benefits are so so only and in order to maintain their customer base, they upgraded all Plat cardholders to Visa Signature which is deemed as a Premier Card (but benefit also so so only).

Click here to read my artilce titled HSBC Visa Signature - Gone is the Visa Plat published back in March 2011 at My Credit Cards blogspot.
Yes, agree fully to the above. Now banks are stricter in awarding CL to be in accordance with BNM wishes. Which is a good thing.

Vestor,

CL has nothing to do with Card Type in general but based on the bank evaluation on the customer's worth. Like I mentioned, previously, my HSBC Plat (of course now upgraded to VS) had a higher CL than those who has AUM of minimum RM250K with HSBC and automatically awarded their HSBC Premier World Credit Card. Up to today, I never had a HSBC banking account, so you go figure it out.

But if you want to know what is the minimum CL for Premier Credit Cards, click below link to see my table. However, the data for the table was obtained thru my no budget propriety research back in November 2011. Since then, HLB have reduced the annual income requirement for the Ex-EON VS from RM180K to RM80K and therefore the minimum CL should also decrease as of today. And it was reported by another forummer here that his CL for his MBB VI is RM20K!!! When I talked to MBB CS back then, I was told initially the minimum CL for MBB WMC and VI was RM70K but later was informed it was RM50K.

And did you know that RHB Tesco credit card CL go can up to RM100K 

Malaysia Premier Credit Card - Ranking based on credit limit.

HSBC Megasale promo is now on!

Hi,

I'm swiping RM 1,600 using my HSBC Amanah on end May and send SMS to register their i-Flixi Payment plan. They replied me sms that my RM 1,600 spend has successfully converted to Flixi Plan but the coming June statement does not show it is being converted!! Im been calling to CS since last week and keep following up every 3 days until now still no feedback!!

Anyone encounter this problem before? Thanks~~

One word enough : Lazy.....

Not much benefit. Don't get it.

Check on MY post 699 at v17 credit card I had reply to u

---

Added on July 26, 2012, 1:09 pm
They are right not much benefit on HSBC Visa Signature, U better get a Cash Back card

HSBC Visa Signature Benefit are bellow:
1) 5x reward points on Overseas spend (sometime Local also)
2) Travel Services, Pre-Trip Assistance & FREE Travel Insurance up to $1,000,000
3) Home & Away for Local Offer (mostly PARKSON) Worldwide & Exceptional VIP Privileges
4) Card Protection & Insurance Coverage with CPP & CGP (optional)
5) 24 /7 Concierge Service
6) Comprehensive Remarkable Reward Programe (they RWP vaild up to 3 years) 
& Visa Exculsive Golf Privileges so and so.... better U check on HSBC Websiite

This Card benefit more to people who travel Overseas often

Above is mentioned in Post#1 too.
Yah, our sis has been most helpful in copying stuff from the bank website and spoon feeding Vestor without understanding the product. But at the rate she's going reading about credit cards and being a contributor to this section, soon she be a credit card sifu

Did anyone receive a promo on 15% discount for Zalora.com.my shopping using HSBC Creditcards?

No. Credit card service tax can never be waived. Banks are in no authority to waive the credit card service tax as it is not paid to them but LHDN.

Anyway, some banks do offer some cash or rewards points to offset the credit card service tax. And there is also this OCBC Bank TMC that automatically credit RM50 into your credit card account as long as you've spent at least RM10K in the past one year. The RM50 is given to you as a bonus to offset the credit card service tax.

And by the way, you can give up on trying to get HSBC to offer you free reward points to offset this credit card service tax because it just won't happen.