Zerofy vs HSBC Revolution Card: Which is Better in Singapore?

Choosing the right card for everyday spending can be confusing, especially when many cashback and rewards cards come with different rules, conditions, and bonus categories.

Two options that often come up in Singapore are the Circles Zerofy Cashback Card and the HSBC Revolution Credit Card. While both offer rewards for spending, they work very differently.

The HSBC Revolution card focuses on high reward points for specific spending categories, while the Zerofy Card focuses on simple cashback with fewer restrictions.

In this guide, we compare both cards across cashback rewards, fees, flexibility, and everyday usability to help you decide which option fits your spending habits best.

Key Takeaways

• Zerofy Card offers simple cashback without caps or minimum spend requirements

• HSBC Revolution provides higher reward potential in specific spending categories

• Zerofy may be more convenient for overseas or general spending

• HSBC Revolution may benefit users who can optimise spending categories

What is a Zerofy Card?

The Zerofy Card is a Visa debit-style cashback card managed through the Circles.Life app. It is designed to make cashback simple by offering a flat reward structure without complicated category rules.

Users earn 1% cashback on eligible spending, including online purchases and digital services. When shopping through Zerofy partner brands in the Circles ecosystem, users can earn additional bonus cashback rates.

The card is primarily designed for digital spending and can also be added to Apple Pay or Google Wallet for contactless payments.

Unlike many traditional credit cards, Zerofy removes common reward conditions such as minimum spend requirements or monthly cashback caps.

Zerofy Card vs HSBC Revolution Card — Quick Comparison

Cashback and Rewards Comparison

Zerofy Card Rewards

Zerofy focuses on simplicity rather than complex reward structures.

Users earn:

• 1% cashback on eligible purchases

• Additional cashback on partner brands via the Zerofy platform

• No monthly reward cap

Because the cashback structure is straightforward, users do not need to track categories or worry about minimum spend requirements.

HSBC Revolution Card Rewards

The HSBC Revolution card is designed around high reward multipliers for selected spending categories.

Key reward features include:

• Up to 10X reward points for online and contactless spending

• Bonus rewards for categories such as online shopping and digital payments

However, these higher rewards usually come with:

• Category restrictions

• Monthly points caps

• Reward redemption conditions

This means the actual value depends heavily on whether spending falls within eligible categories.

Fees Comparison (FX, Annual, Hidden Costs)

Zerofy Card Fees

Zerofy aims to reduce common card charges.

Key fee highlights:

• No annual fees

• No foreign exchange markup fees

• No minimum spend requirements

Because it functions more like a prepaid or debit-style card, users also avoid interest charges typically associated with credit cards.

HSBC Revolution Card Fees

The HSBC Revolution card follows the standard credit card structure.

Typical costs may include:

• No annual fees

• Foreign currency transaction fees

• Interest charges if balances are not paid in full

For users who frequently spend overseas, these fees may add up over time.

Ease of Use and Flexibility

Zerofy Card

Zerofy is designed to be simple and digital-first.

Users can:

• Activate and manage the card through the Circles.Life app

• Track cashback instantly

• Use the card for online purchases, subscriptions, and travel spending

Because cashback applies broadly to most purchases, users do not need to track spending categories.

HSBC Revolution Card

The HSBC Revolution card is better suited for users who actively optimise spending categories.

To maximise rewards, users may need to:

• Track eligible spending categories

• Monitor monthly points caps

• Redeem points through reward systems

While this can produce higher rewards in some situations, it requires more active management.

Pros and Cons

Zerofy Pros

• Simple cashback structure

• No minimum spend requirements

• No cashback caps

• No FX markup fees

• Easy to manage through an app

Zerofy Cons

• Lower base cashback compared to some category bonus cards

HSBC Revolution Card Pros

• Higher potential reward rate in selected categories

• Popular option for online shopping and digital payments

• Backed by a major bank

HSBC Revolution Card Cons

• Monthly reward caps

• Category restrictions

• Potential annual fees

• FX charges for overseas spending

Who Should Choose Zerofy?

Zerofy may be a good option if:

• You want simple cashback without tracking spending categories
• You frequently spend online or internationally
• You prefer no annual fees and fewer conditions
• You want a secondary card for everyday spending

Final Verdict

Both cards serve different types of users.

The HSBC Revolution Card can offer higher rewards if you consistently spend within its bonus categories and keep track of reward conditions.

The Zerofy Card, on the other hand, focuses on simplicity. With no minimum spend, no cashback caps, and fewer fees, it works well for everyday spending and overseas purchases where flexibility matters more than maximising reward percentages.

For many users, a practical approach may be to use both cards together. The HSBC Revolution card can be used for category-based bonus spending, while Zerofy can cover general purchases and travel spending with fewer restrictions.