i don't know what other bank credit cards are like but with HSBC credit cards, there are so many terms and conditions to get freebies out of it. Like last year's MegaSale Campaign, you need to shop at odd hours to WIN back 25% discount. Notice i type win in caps cause you may not get any. Another example is with the new signature, if you spend rm50 you can get 1000 points (promotion) but you must first register by sms. Tell me which busy executives want to play this kind of game? HSBC credit card managers need to give straight forward incentives for people to use it, not create hoops here and there for card holders to jump through and miss.

This post has been edited by ascend: Apr 12 2011, 09:25 PM

Saw a bunch of HSBC credit card promoters at MV. Asked them a few questions and they don't know anything. Such a shame for a bank with really good service in HK, but run-of-the-mill customer service in Malaysia who in many cases provided incorrect information, and at times just down right rude (in particular those CS from Philippines).

This post has been edited by ascend: Apr 18 2011, 12:06 AM

The promoters on the ground level at MV last weekend were promoting the new signature card. I've been under the impression that the card gives 5 x Reward Points for the life of the card and at the same time i've seen a T&C stating that this 5X feature will be valid until end of the year 2011. They insisted that the 5X applies for the life of the card.
The other thing which i believe they incorrectly stated was that the 5x applies to the first RM200 spent in each month. The brochure clearly states it applies to the first RM1000. I suspect they are actually freelancers but they insisted that they are from HSBC. Nevertheless, HSBC should not have let them roam free without ensuring they are well versed with whatever they are selling.

This post has been edited by ascend: Apr 18 2011, 04:19 PM

If it were 1% per annum, i would just go for this. Debt is to your advantage if it is under control. However, it were 1% per month, would definitely opt for 0% option.

The T&C (available on their website) states otherwise regarding the 5x points. I also called them earlier and they confirmed that 5x points promotion ends on 31 Dec.


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and there is no charge for this monthly statement in mail/post?

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Added on April 26, 2011, 8:38 amWell this is just great! the T&Cs confirmed it earlier. So always read the fineprint. Many people have been misled, including the card promoters themselves.

This post has been edited by ascend: Apr 26 2011, 08:41 AM

Browse through HSBC Credit card privileges on their website. HSBC offers unattractive discounts at places that i don't patronise. Except for the 50% discount on buffets at Grand Millenium!

This post has been edited by ascend: Apr 27 2011, 10:56 AM

You should get it the month before expiry i.e. August. You sure look so far ahead in life.

This post has been edited by ascend: May 4 2011, 09:09 PM

I couldn't say it any better. HSBC is up to their usual bag of cheap tricks, yet again. This particular 'promo' requires swiping the card at least 7 times during May, and each swipe must be RM50 or above. Waste of time, IMO. Mind you, it's not a guaranteed cash back either.

This post has been edited by ascend: May 6 2011, 01:07 PM

Signature has a matte finish rather than the usual glossy shine. It's quite nice.

What do you recommend?

2011 Megasale Cashback is here. Rules are different and more misrepresentations this time. Can get 50% cashback if you shop certain items, at certain time and certain week and, importantly, only if you win the 'draw'. Minumum spend per week is RM500. 50% of RM500 is RM250, but there is a clause that says you can only get back maximum RM100 per week. Go figure! HSBC, I'm so impressed by your CC marketing team! They are so clever.

This post has been edited by ascend: Jun 1 2011, 12:39 PM

The 5x reward points only applies to the first RM1000 (local) spend per month. For overseas spend, up to the first RM1500.

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Added on June 5, 2011, 11:21 pmFor those interested, HSBC has a RM50 cashback promotion for new CC applicants. It's called Megasale Acquisition Programme.

This post has been edited by ascend: Jun 5 2011, 11:21 PM

HSBC megasale cashback campaign

The original T&Cs state that electricals are not considered as part of 'shopping'. Now in the revised version, the word electricals is nowhere to be found.

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Added on June 18, 2011, 9:37 amCampaign week 1 to week 5, the maximum cashback is RM100. Week 6 to 10 - max is RM100 as well. For VS cards and above only. Other cards get RM75 or RM50.

This post has been edited by ascend: Jun 18 2011, 09:37 AM

I registered for the campaign some weeks ago.

You would get a "Thank you for your registration..." msg from 36722 if it was successful.

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Added on June 19, 2011, 9:08 amYep that's exactly what the card holders should do - buy what they need at their own convenience and not buy at HSBC's convenience (their nonsensical terms & conditions). HSBC tempts you with carrots at two times your arm's lengths.

This post has been edited by ascend: Jun 19 2011, 09:08 AM

RM100 cash back maximum during Week 1 to 5. This is not per week.

So total possible cashback during this promo is RM100 *2.

You can ask them nicely to take your details off their call list. I haven't been called since.

It's right on their Home Page, under What's New. "HSBC Credit Card Upgrade Exercise"

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Added on July 2, 2011, 8:36 pmAmanah Credit Card isn't on the list.

This post has been edited by ascend: Jul 2 2011, 08:36 PM

Has anyone tried to get HSBC to waive the annual government service tax recently?

F&B spend at MidValley and Gardens promo starting 1 Dec. 20% cashback up to RM50 max per card holder. Check out their website for details.

This post has been edited by ascend: Nov 30 2011, 09:44 PM