HSBC Step Up Promo - Part 2

[Squaredot]

If I registered my single EGA acct for Aug EGA bonus interest promo, I presumed my joint acct still eligible for Oct EGA bonus interest promotion since Aug promo is for Aug and Sep 2025 period. Anyone can advise?

Yes, you are correct.

 

[firexed]

Take how long to get this resolved if encounter? Anyone?

Still waiting for them to call to unblock after 3 hours..

 

[pantss]

What’s the change now? Each month vs the previous month?

 

[kitsura]

Habis! All EGA giro cash back etc all nerfed from effect 1st Nov. Time to close account!

 

[highsulphur]

Time to close my EGA account after no more giro cashback

 

[pantss]

Anybody knows What is this "Transactionally Engaged" about ?

“Transactionally engaged customers” are defined as customers who have done 7 Eligible Transactions in each

month, October 2025, November 2025, December 2025. “Eligible Transactions” refer to any of the following:

(A) Posted transactions in SGD made with a HSBC personal Credit Card;

(B) Posted transactions made with a HSBC Everyday Global Debit Card;

https://www.hsbc.com.sg/content/dam...y-global/tnc-ega-bonus-interest-promotion.pdf

 

[pantss]

Let me attempt to TLDR.
Send sms to register, ensure 7 transactions with credit or debit card.
Oct 1.6%, nov 1.55, dec 1.5% interest.

Everyday+ get extra 1%, capped at $300?

Is my understanding correct?

 

[60Remajust]

7 txns/mth on debit card sounds so annoying, any idea how we can SI this?

 

[vddgnd]

Let me attempt to TLDR.
Send sms to register, ensure 7 transactions with credit or debit card.
Oct 1.6%, nov 1.55, dec 1.5% interest.

Everyday+ get extra 1%, capped at $300?

Is my understanding correct?

I read "Perform a minimum of 5 Eligible Transactions (as defined below) in the same calendar month. No minimum spend is required for these transactions.".
Where you read that require 7 transactions?

 

[peppermint7]

.

I read "Perform a minimum of 5 Eligible Transactions (as defined below) in the same calendar month. No minimum spend is required for these transactions.".
Where you read that require 7 transactions?

Seems like for those without wealth holdings?

 

[nobody1968]

Any suggestion for ways to earn cashback for payment of income tax?

 

[twosix]

Any suggestion for ways to earn cashback for payment of income tax?

Cardup or ipaymy.

 

[MastersIT]

So these interests rates for Oct 2.1% , Nov 2.05% , Dec 2% - are not inclusive of the 1% bonus interest from Everyday+ programme right ?

After add the that extra 1% we can get 3.1% for Oct right ?

yeah, like before fulfilled EGA Rewards Tncs get 1% on incremental ADB.
Oct and Dec +1% (Nov keep low ADB)

Is this new? Did not notice this in the past leh.... Thanks

Got leh

HSBC Everyday Global Account Bonus Interest June 2025 Promotion (“Promotion”)
Terms and Conditions.

“Transactionally engaged customers” are defined as customers who have done 7 Eligible Transactions in each
of the Relevant Period. “Eligible Transactions” refer to any of the following:
(A) Posted transactions in SGD made with a HSBC personal Credit Card;
(B) Posted transactions made with a HSBC Everyday Global Debit Card;
(C) GIRO bill payments in SGD made via an Eligible Account (excluding self-initiated GIRO payments made from
HSBC online/mobile banking
platform); and/or
(D) Fund transfers from an Eligible Account to a non-HSBC account.

(C) (D) no more

 

[wira]

Any suggestion for ways to earn cashback for payment of income tax?

UOB one can get 6% cashback cap $50/mth . offer till MAr 2026

https://milelion.com/2025/04/07/uob-one-account-offering-6-rebate-on-tax-payments/

 

[pantss]

I read "Perform a minimum of 5 Eligible Transactions (as defined below) in the same calendar month. No minimum spend is required for these transactions.".
Where you read that require 7 transactions?

https://www.hsbc.com.sg/content/dam...y-global/tnc-ega-bonus-interest-promotion.pdf


“Transactionally engaged customers” are defined as customers who have done 7 Eligible Transactions in each

month, October 2025, November 2025, December 2025. “Eligible Transactions” refer to any of the following:

(A) Posted transactions in SGD made with a HSBC personal Credit Card;

(B) Posted transactions made with a HSBC Everyday Global Debit Card;

 

[pantss]

yeah, like before fulfilled EGA Rewards Tncs get 1% on incremental ADB.
Oct and Dec +1% (Nov keep low ADB)




Got leh

HSBC Everyday Global Account Bonus Interest June 2025 Promotion (“Promotion”)
Terms and Conditions.

“Transactionally engaged customers” are defined as customers who have done 7 Eligible Transactions in each
of the Relevant Period. “Eligible Transactions” refer to any of the following:
(A) Posted transactions in SGD made with a HSBC personal Credit Card;
(B) Posted transactions made with a HSBC Everyday Global Debit Card;
(C) GIRO bill payments in SGD made via an Eligible Account (excluding self-initiated GIRO payments made from
HSBC online/mobile banking
platform); and/or
(D) Fund transfers from an Eligible Account to a non-HSBC account.

(C) (D) no more

Wah crap? Since june?

 

[F1ngolf2012]

Received below HSBC email on removal of Giro cashback:

Revision of HSBC Everyday Global Account and Everyday+ Rewards

Dear Valued Customer,

We are making the following changes to the HSBC Everyday Global Account and the Everyday+ Rewards Programme. These revisions will come into effect on 1st November 2025.

Revision of HSBC Everyday+ Rewards Programme - Cashback on eligible GIRO payments

Everyday+ Rewards Programme​	Current Benefits​	Revised Benefits​
Cashback on eligible GIRO transactions​	0.50%​	0.00%​
Cashback on eligible transactions with Everyday Global Debit Card​	1.00%​	No change​
Bonus Interest on eligible incremental balances​	1.00% p.a.​	No change​
Total Cashback Cap each month​	Premier customers: Up to S$500 Personal Banking customers: Up to S$300​	No change​
Total Bonus Interest Cap each month​	S$300​	No change​

 

[nobody1968]

Cardup or ipaymy.

Thanks. Which are the credit cards to use Cardup/Ipaymy for high income tax payers?

UOB one can get 6% cashback cap $50/mth . offer till MAr 2026

https://milelion.com/2025/04/07/uob-one-account-offering-6-rebate-on-tax-payments/

Thanks. Max rebate is for $800 tax and but only until Mar 26. After Mar 26 still need to look for alternatives. Also need to change paynow and giro for tax deduction to uob bank.

 

[vddgnd]

https://www.hsbc.com.sg/content/dam...y-global/tnc-ega-bonus-interest-promotion.pdf


“Transactionally engaged customers” are defined as customers who have done 7 Eligible Transactions in each

month, October 2025, November 2025, December 2025. “Eligible Transactions” refer to any of the following:

(A) Posted transactions in SGD made with a HSBC personal Credit Card;

(B) Posted transactions made with a HSBC Everyday Global Debit Card;

Thanks for pointing out. I check that Jul, Aug & Sep Bonus Interest promotion tnc do not have this "Transactionally engaged customers" category. So this only appear in Jun and Oct tnc. Can someone double confirm my finding?

 

[tiertime]

Thanks for pointing out. I check that Jul, Aug & Sep Bonus Interest promotion tnc do not have this "Transactionally engaged customers" category. So this only appear in Jun and Oct tnc. Can someone double confirm my finding?

I did not perform this 7 transaction thing for the past several months I dun think I missed out on any bonus interest !