Best HSBC Credit Cards in Malaysia

The HSBC credit card range in Malaysia covers cashback, travel, air miles and reward-point earning, so there is something for everyday shoppers, frequent flyers and premier banking customers alike. The biggest change in 2026 is the arrival of the HSBC Live+ Credit Card, now HSBC’s flagship cashback card, alongside the travel-focused TravelOne card and the long-running Visa Signature. This guide walks you through every current HSBC card, what each one is genuinely good for, and how to pick the one that matches your spending. (Rates and fees verified June 2026 against HSBC Malaysia; always confirm the latest figures with the issuer before applying.)

Quick Answer: Which HSBC Credit Card Is Best for You?

Best HSBC Credit Cards Annual Fee Comparison (2026)

Note: HSBC raised and standardised some entry incomes through 2025–2026, and several comparison sites list a blanket RM8,500/month for HSBC cards. The figures above reflect each card’s published product income tier — confirm your exact eligibility with HSBC, as approval also depends on your credit profile (you can check your CTOS score first).

Top HSBC Credit Cards

1. HSBC Live+ Credit Card (Best for Everyday Cashback)

Features & Benefits

• Earn up to 5% cashback on dining, shopping and entertainment, on a tiered structure that rewards higher monthly spend.
• Tiered bonus cashback: 1% from RM1,000 monthly spend, 2% from RM2,500, and 5% from RM5,000.
• Base cashback of 0.2% on other domestic spend and 0.5% on overseas spend (uncapped).
• Up to 15% dining discount at 200+ restaurants in Malaysia and across Asia via the Live+ Dining Programme.
• 100% recycled plastic card material.

Cashback Structure

Bonus cashback is capped at RM30 per category (dining, shopping, entertainment) each statement month, so the maximum bonus cashback is RM90 a month. The promotional extra 3% that pushed this card to “up to 8%” expired on 30 June 2025, so the current realistic ceiling is 5%.

Eligibility & Fees

• Minimum annual income from RM60,000; principal cardholder 21+, supplementary 18+.
• Annual fee RM300 (principal) / RM150 (supplementary) — first year free, waived thereafter on RM24,000 annual eligible spend.
• RM25 sales & service tax on activation and each anniversary, per card.
• Minimum monthly payment RM50 or 5% of the outstanding balance, whichever is higher.
• Interest tiered by repayment behaviour (see the interest section below).

2. HSBC Amanah MPower Platinum Credit Card-i (Best for Petrol & Groceries)

Features & Benefits

• Up to 8% cashback on petrol, groceries and e-wallet top-ups when you spend RM2,000 or more a month (1% below that threshold).
• 0.2% cashback on other eligible spend.
• Shariah-compliant Islamic credit card; 100% recycled plastic card material.
• Groceries are limited to Giant, Lotus’s, AEON BIG and Mydin; e-wallet covers Samsung Pay, GrabPay, Touch ‘n Go and FavePay.

Cash Back Rates

Eligibility & Fees

• Minimum annual income RM36,000; principal 21+, supplementary 18+.
• Annual fee RM240 (principal) / RM120 (supplementary) — first year free, waived thereafter on RM6,000 annual spend (effective 1 September 2025, up from the previous RM2,000 requirement).
• RM25 sales & service tax per card on activation and anniversary.
• Minimum monthly payment RM50 or 5% of outstanding, whichever is higher.

3. HSBC TravelOne Credit Card (Best for Air Miles & Travel)

Features & Benefits

• Earn 8X Reward Points on all foreign-currency spending.
• Earn 5X RP on local travel and dining spend.
• Earn 1X RP on other eligible spending; points are valid for 3 years.
• First HSBC card with instant point redemption to airline and hotel partners via the HSBC Malaysia mobile app.
• 6 complimentary Plaza Premium Lounge visits worldwide each year, Agoda discounts, and up to USD250,000 travel insurance.
• 100% recycled plastic card material.

Eligibility & Fees

• Minimum annual income RM60,000; principal 21+, supplementary 18+.
• Annual fee RM300 (principal) / RM150 (supplementary) — first year free, waived thereafter on RM20,000 annual spend.
• RM25 sales & service tax per card on activation and anniversary.
• Minimum monthly payment RM50 or 5% of outstanding, whichever is higher.

4. HSBC Visa Signature Credit Card (Best for Overseas & Online Points)

Features & Benefits

• Earn 8X Reward Points on overseas and online spending in foreign currency.
• Earn 5X RP on local shopping and online spending in Ringgit.
• Complimentary Plaza Premium Lounge access.
• 100% recycled plastic card material.

Eligibility & Fees

• Minimum annual income RM72,000; principal 21+, supplementary 18+.
• Annual fee RM600 (principal) / RM300 (supplementary) — waived on 12 months of activity plus RM2,000 annual spend.
• RM25 sales & service tax per card on activation and anniversary.
• Minimum monthly payment RM50 or 5% of outstanding, whichever is higher.

5. HSBC Platinum Credit Card

Features & Benefits

• Earn 8X Reward Points per RM1 on contactless transactions.
• Earn 5X RP per RM1 on global spend, groceries and online platforms such as Shopee, Lazada and Grab.
• 100% recycled plastic card material.

Eligibility & Fees

• Minimum annual income RM36,000; principal 21+, supplementary 18+.
• Annual fee RM240 (principal) / RM120 (supplementary) — waived with at least one swipe a month and RM2,000 annual spend.
• RM25 sales & service tax per card on activation and anniversary.
• Minimum monthly payment RM50 or 5% of outstanding, whichever is higher.

6. HSBC Premier Travel Credit Card

Features & Benefits

• Earn 1.1X air miles on overseas spend and 1X air mile for every RM4 of local spend.
• Complimentary Plaza Premium Lounge access and global data roaming.
• Discounts on Expedia and Agoda hotel bookings, plus offers across 25+ countries and golf privileges.
• 100% recycled plastic card material.

Eligibility & Fees

• Minimum annual income RM36,000; principal 21+, supplementary 18+.
• Annual fee RM600 (principal), supplementary free — first year waived and waived thereafter on RM45,000 annual spend.
• RM25 sales & service tax per card on activation and anniversary.

7. HSBC Premier World Mastercard Credit Card

Features & Benefits

• Earn 10X Reward Points per RM1 on global spend, 8X on cashless payments, 5X on groceries, online shopping and e-wallet, and 1X on everything else.
• 6 complimentary Plaza Premium Lounge visits.
• Free annual fee for life; 100% recycled plastic card material.

Eligibility & Fees

• Available to HSBC Premier account holders with a minimum RM200,000 total relationship balance.
• Annual fee waived on principal and supplementary cards.
• RM25 sales & service tax per card on activation and anniversary.

8. HSBC Amanah Premier World Mastercard Credit Card-i

Features & Benefits

• 1% cashback on global spend and 0.5% cashback on local spend (uncapped).
• 6 complimentary Plaza Premium Lounge visits.
• Shariah-compliant; free annual fee for life; 100% recycled plastic card material.

Eligibility & Fees

• Available to HSBC Premier account holders with a minimum RM200,000 total relationship balance.
• Annual fee waived on principal and supplementary cards.
• RM25 sales & service tax per card on activation and anniversary.

A Note on the HSBC Advance Visa Platinum

Earlier versions of this guide featured the HSBC Advance Visa Platinum (3X points on online spend, fee waived). As of 2026 it no longer appears in HSBC Malaysia’s published credit-card line-up, so we have removed it. If you currently hold this card your existing terms still apply, but new applicants should look at the Live+ or Platinum cards instead. Always confirm a card’s availability on the official HSBC website before applying.

How to Choose the Right HSBC Credit Card

Picking an HSBC card is less about chasing the highest headline rate and more about matching the card to where your money actually goes each month. Use this simple framework:

Step 1 — Identify your biggest spend category

If most of your spending is dining, shopping and entertainment, the Live+ card is the natural fit. If petrol and groceries dominate, the Amanah MPower Platinum-i earns far more. If you spend heavily in foreign currency or travel often, a points card like TravelOne or Visa Signature will out-earn any cashback card.

Step 2 — Check whether you can clear the fee-waiver threshold

The Live+ and TravelOne cards waive their RM300 fee only if you spend RM24,000 and RM20,000 a year respectively. If your annual card spend is well below that, a free-for-life option such as the Amanah MPower Credit Card-i may leave you better off net of fees.

Step 3 — Map your monthly spend against the cashback tiers

The Live+ card only hits 5% once you spend RM5,000 in a statement month, and bonus cashback caps at RM30 per category. If you spend around RM1,500–RM2,000 a month, you will realistically earn 1–2%, not 5% — so be honest about your spending before assuming the top rate.

Worked Example: Live+ vs Amanah MPower Platinum-i

Say you spend RM2,500 a month: RM800 dining, RM700 shopping, RM300 groceries, RM200 petrol, RM500 other.

• Live+ (at the RM2,500 tier = 2%): dining RM16 + shopping RM14 + base on the rest ≈ ~RM32/month.
• Amanah MPower Platinum-i (8% on petrol + groceries above RM2,000 spend, capped RM15): RM500 × 8% = RM40, capped at RM15/month, plus 0.2% on the rest.

For this profile the Live+ card wins because dining and shopping make up the bulk of spend. Flip the mix toward petrol and groceries and the Amanah card pulls ahead — which is exactly why category matters more than the headline percentage. For a wider view of options beyond HSBC, compare our pick of the best cashback credit cards in Malaysia.

Common Pitfalls to Avoid

• Assuming the headline rate is automatic. The “up to 8%” and “up to 5%” figures require minimum monthly spend and are capped. Read the tier table, not the banner.
• Forgetting the RM30/category cap. On Live+, spending beyond about RM600 in a category earns only base cashback, so concentrating all spend on one card category wastes the bonus.
• Carrying a balance. Any cashback or points are wiped out by interest if you revolve. Cashback cards only pay if you settle in full each month.
• Excluded transactions. SST, instalment plans (CIP/BCP/IPP), fees and interest usually don’t count toward cashback or the fee-waiver spend target.
• Missing the waiver threshold. If you won’t hit the annual spend target, factor the RM300 fee into your real return.

HSBC Credit Card Interest, Service Tax & Charges

Like all Malaysian banks, HSBC follows Bank Negara Malaysia’s tiered credit-card interest framework, which rewards consistent repayment:

• Government service tax: RM25 per principal and supplementary card on activation and each anniversary.
• Minimum monthly payment: RM50 or 5% of the outstanding balance, whichever is greater.
• Late payment fee: RM10 or 1% of the outstanding balance, capped at RM100.
• Cash advance fee: charged per HSBC’s tariff (the Live+ card lists RM8.70 per cash withdrawal; check your card’s product disclosure sheet for the exact amount).
• Interest-free period: up to 20 days when you pay your statement balance in full.

HSBC Credit Card Promotions and Sign-Up Gifts

HSBC runs rotating campaigns through the year. As of mid-2026, the headline offers include:

• Up to RM200 cashback welcome gift for new primary cardholders who spend within the welcome period (T&Cs apply).
• Premium sign-up gift — qualified applicants of the Live+, TravelOne or Visa Signature cards can receive an Apple iPad Pro (M5) with Apple Pencil Pro, or RM500 Touch ‘n Go e-Wallet Credit, after spending a minimum of RM3,000 within 60 days of approval.
• Live+ Dining Programme — up to 15% off at 200+ restaurants locally and across Asia.

Promotions, gifts and end dates change frequently, so always check the live offer on HSBC’s website before applying. Sign-up gifts typically require approval, card activation and a minimum spend within a set window.

How to Maximise HSBC Credit Card Rewards

• Match the card to your spend. Route dining/shopping to Live+ and petrol/groceries to the Amanah MPower Platinum-i for the best blended return.
• Hit the right tier. If you’re close to a higher Live+ tier near month-end, consolidating planned spend can lift you from 2% to 5%.
• Use foreign-currency offers wisely. Points cards like TravelOne and Visa Signature shine on overseas and online foreign-currency spend.
• Pay in full. The surest way to “earn” is to avoid 15–18% interest entirely.

Features and Benefits Across HSBC Credit Cards

HSBC offers both conventional and Islamic (Amanah) cards, with features that carry across most of the range.

HSBC Card Instalment Plan

Convert eligible retail purchases into 0% instalments for up to 36 months at participating merchants, helping you spread the cost of big-ticket items. See our guide to Easy Payment Plans (EPP) in Malaysia for how these work.

HSBC Cash Instalment Plan & SmartCash+

Convert part of your available credit limit into cash with flexible repayment tenures — useful for planned, lower-cost borrowing versus a cash advance.

HSBC Balance Transfer & Balance Conversion

Move higher-interest balances from other cards onto your HSBC card at a promotional rate (from 0% p.a. with a one-time upfront fee over 12 months), or convert existing purchases into smaller instalments. Compare your options in our balance transfer guide.

HSBC SmartPrivileges & Rewards Programme

Through SmartPrivileges and the Home & Away programme, members get discounts in 160+ countries, while Reward Points earned on eligible spend can be redeemed for travel, dining and shopping. For broader comparisons, see our roundup of the best credit cards in Malaysia, and for Shariah-compliant options the best Islamic credit cards.

Travel Benefits and Insurance

Several HSBC cards include Plaza Premium Lounge access and travel insurance coverage of up to USD250,000 on the TravelOne card, making them stronger picks for frequent flyers. If travel is your priority, also weigh our best travel credit cards in Malaysia guide.

How to Apply for an HSBC Credit Card

Once you’ve chosen the right card, the application is straightforward — online via the HSBC website, the HSBC Malaysia app, or at a branch.

Eligibility Criteria

Documents You’ll Need

After You Apply

HSBC reviews your creditworthiness and documents, and typically notifies you within 7–14 business days. You can track or resume your application online. If approved, your card arrives within a few business days and must be activated before use; if declined, you’ll receive a letter explaining the decision and can call the HSBC hotline for details.

Conclusion: Choosing the Right HSBC Card for You

The right HSBC credit card comes down to your everyday spending, not the biggest advertised number. For dining, shopping and entertainment, the new Live+ card is the strongest everyday cashback option; for petrol and groceries, the Amanah MPower Platinum-i earns more; and for travel and foreign-currency spend, TravelOne and Visa Signature lead on points. Match the card to your habits, make sure you can clear the fee waiver, and always pay in full to keep your rewards. To compare across all issuers, visit our best credit cards in Malaysia guide.

For official terms, see the HSBC Malaysia credit cards page and Bank Negara Malaysia’s consumer information. Information verified June 2026; confirm the latest rates, fees and offers with the issuer before applying.

Frequently Asked Questions

Disclaimer

This content is provided by KayaToday for general informational purposes only and should not be construed as financial or legal advice. While KayaToday makes every effort to deliver accurate and up-to-date information (verified June 2026), we make no guarantees regarding the completeness, accuracy or reliability of any material supplied. HSBC credit card terms, fees, rates and incentives are subject to change at the bank’s discretion. For the most current and personalised advice, please speak directly with HSBC or a licensed financial adviser. Any reliance you place on the information here is strictly at your own risk.