- Qualifying Transactions shall mean retail transactions made with the Card that are Online Transactions, Dining Transactions or Entertainment Transactions (all defined below), which include recurring payments like GIRO or Interest-free Installment Payment Plan (only the amount billed on the credit card for any particular month and not the full installment amount), and excludes fund transfers, financial charges, late charges, fees and tax payments via HSBC tax payment facility.
- Online Transactions shall mean retail transactions made via the internet and processed by the respective merchants/acquirers as an online transaction type through the Visa Worldwide networks. For the avoidance of doubt, transactions made on brokerage/securities and/or money payment/transfer websites are not classified as retail transactions and are expressly excluded. With effect from 1 October 2016, for Online Transactions which involve any pre-paid card top-ups including but not limited to EZ-Link, Transitlink or NETS Flashpay, 5x Rewards points are capped at 1,000 HSBC Rewards points per Account per calendar month (i.e. up to S$200 spend).
- Dining Transactions shall mean local dining merchants that have their main business activity classified as “Dining”, and EXCLUDE all dining merchants within local hotels. Main business activity of a merchant is determined by the business classification of that merchant outlet which in turn is determined by that merchant’s acquiring bank.
- Entertainment Transactions shall mean local entertainment merchants that have their main business activity classified as Entertainment, and EXCLUDE all entertainment merchants within local hotels. Main business activity of a merchant is determined by the business classification of that merchant outlet which in turn is determined by that merchant’s acquiring bank.
The definition of dining and entertainment is really vague here. For dinning, I’m assuming the MCC codes 5812, 5813 and 5814 are valid. Does anyone one know what MCC codes merchants that are classified as “Entertainment” should fall under?