In need of a credit that fits your desire? Look no further as HSBC Bank got you covered with their variety of awesome credit card options.
Among the largest banks in the world is HSBC. As a result, practically everything in the world accepts its credit cards. Benefits like cash back and point reward schemes, along with no international transaction fees, are frequently offered by HSBC products. Continue reading to learn everything there is to know about HSBC bank credit cards.
HSBC Bank Credit Card Options
1. HSBC Elite Credit Card
In addition to competing with other upscale travel cards like the Chase Sapphire Reserve and the American Express Platinum Card, the HSBC Elite Mastercard credit card increases the bar for earning points.
Benefits of HSBC Elite Credit Card
- For every dollar spent on new travel purchases, earn 3X points, 2X points for eating, and 1X point for all other expenditures.
- Points can be earned indefinitely and never expire; get statement credits for using Lyft, Uber, and TSA Prev.
- After using HSBC Rewards online to book Rewards Program travel for $4,000 in the first three months of opening your account, you can earn 50,000 Rewards Program Bonus Points, which is equivalent to $750 in flight. Points can be transferred to affiliated airlines; complimentary membership in ShopRunner
- Unlimited use of airport lounges with LoungeKeyTM
HSBC Bank Credit Card Rate and Fees
- Regular Purchase APR: 20.99% to 24.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer APR: 20.99% to 24.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
- Cash Advance APR: 29.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 5% of the amount of each transaction, whichever is greater
- Annual Fee: $395
- Late Payment Penalty Fee: Up to $39
- Return Payment Penalty Fee: Up to $39
2. HSBC Premier World MasterCard Credit Card
Traveling the world with the HSBC Premier World Mastercard® Credit Card and all the perks you would expect from a travel rewards card are possible thanks to this card. It’s a versatile travel companion with a generous introductory points bonus and statement credits for travel expenses.
Benefits of HSBC Premier World MasterCard Credit Card
- Get twice as many points for every dollar you spend on travel.
- Get 1X point for every $1 you spend on other purchases.
- Take advantage of TSA Prev credit as well as Uber and Lyft bill credits.
- Spend $3,000 within the first three months after opening an account to get 35,000 Rewards Program Bonus Points, which is equivalent to at least $400 in flight travel.
HSBC Premier World MasterCard Credit Card Rates And Fees
- Regular Purchase APR: 20.99% to 24.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer APR: 20.99% to 24.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
- Cash Advance APR: 29.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 5% of the amount of each transaction, whichever is greater
- Annual Fee: None for qualified Premier clients. For all others, $95. $95 fee waived for first year
- Late Payment Penalty Fee: Up to $39
- Return Payment Penalty Fee: Up to $39
3. HSBC Cash Rewards MasterCard Credit Card
Benefits of HSBC Cash Rewards MasterCard Credit Card
- Special first-time discount: Get three percent cash back on any purchases made within the first twelve months of opening an account, up to a maximum of $10,000 in transactions.
- 5% cash back is earned indefinitely on all purchases.
- For the first 12 months that the account is open, there is a 0% intro APR on purchases and balance transfers.
- There are no yearly or foreign transaction fees.
HSBC Cash Rewards MasterCard Credit Card Rates And Fees
- Intro Purchase APR: 0% for 12 months from account opening date
- Regular Purchase APR: 13.99% to 23.99% variable based on creditworthiness and the Prime Rate
- Intro Balance Transfer APR: 0% for 12 months on transfers made within the first 60 days from account opening date
- Balance Transfer APR: 13.99% to 23.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
- Cash Advance APR: 24.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 5% of the amount of each cash advance, whichever is greater
- Penalty APR: 29.99% variable based on the Prime Rate
- Late Payment Penalty Fee: Up to $39
- Return Payment Penalty Fee: Up to $39
4. HSBC Gold MasterCard Credit Card
The HSBC Gold Mastercard credit card provides helpful travel incentives in addition to helping cardholders organize their money. When attempting to make a large purchase or settle an outstanding debt, the 0% introductory APR on purchases and balance transfers is helpful.
Benefits of HSBC Gold MasterCard Credit Card
- Enjoy the first 18 months of 0% introductory APR as a cardholder.
- Once in a calendar year, HSBC will waive the late fee if your payment is received after the deadline.
- You can shop with confidence thanks to Purchase Assurance® and Extended Warranty.
- If, within 60 days of purchase, you see an item listed for less, Price Protection will refund the difference.
HSBC Gold MasterCard Credit Card Rates And Fees
- Intro Purchase APR: 0% for the first 18 months from account opening
- Regular Purchase APR: 13.99% to 23.99% variable based on creditworthiness and Prime Rate
- Intro Balance Transfer APR: 0% for 18 months on transfers made within 60 days from account opening date
- Balance Transfer APR: 13.99% to 23.99% variable based on creditworthiness and Prime Rate
- Balance Transfer Transaction Fee: Either $10 or 4% of the amount of each transfer, whichever is greater
- Cash Advance APR: 24.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 5% of the amount of each transaction, whichever is greater
- Late Payment Penalty Fee: Up to $39
- Return Payment Penalty Fee: Up to $39
5. HSBC Cash Rewards MasterCard Credit Card Student Account
Benefits of HSBC Cash Rewards MasterCard Credit Card Student Account
- No yearly charge
- No charges for overseas transactions
- Get 1.5% in cash back when you shop.
- Applying for this card doesn’t require having credit history.
HSBC Cash Rewards MasterCard Credit Card Student Account Rates And Fees
- Regular Purchase APR: 13.99% to 23.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer APR: 13.99% to 23.99% variable based on creditworthiness and the Prime Rate
- Balance Transfer Transaction Fee: Either $10 or 4% of the balance transfer amount, whichever is greater
- Cash Advance APR: 24.99% variable based on the Prime Rate
- Cash Advance Transaction Fee: Either $10 or 5% of the cash advance amount, whichever is greater
- Penalty APR: 29.99% variable based on the Prime Rate
- Late Payment Penalty Fee: Up to $39
- Return Payment Penalty Fee: Up to $39
Rewards Program Guide For HSBC
Given the perennial popularity of rewards points, it comes as no surprise that HSBC provides several rewards credit cards.
There are still many excellent travel rewards cards available from the bank for everyone, even though HSBC only offers its customers the HSBC Advance Mastercard® Credit Card, which is the best travel rewards card available.
How to Earn Rewards
HSBC receives one point for every qualified purchase made with participating HSBC credit cards, same as other reward programs. You can accrue extra points by making purchases in certain categories.
These consist of the 3X introductory points on all purchases made with the HSBC Platinum Mastercard with Rewards Credit Card or the 2X points on travel with the HSBC Premier World Mastercard Credit Card. Additionally, you can earn reward points by signing up for special deals, bonuses, or other promotions.
Do The Rewards Expire?
As long as the account is in good standing, HSBC Rewards are permanent. When an account holder maintains good standing, they fully adhere to the terms and conditions of their HSBC Rewards credit card, which includes making all of their scheduled payments on time.
Nonetheless, HSBC has the authority to terminate the credit card account after a 12-month period of inactivity.
Redeeming HSBC Rewards
The following standard award possibilities are applicable with HSBC Rewards points:
- Cash Back: Reward points for cash back are applied to the HSBC credit card account as statement credits. Another choice available to cardholders is a direct deposit into an associated HSBC bank account.
- Gift Cards: Moreover, points are awarded for gift cards from well-known retailers like Amazon, Best Buy, Macy’s, TJ Maxx, and others.
- Product: You may use reward points to buy products from well-known brands like Dyson, Apple, Alex and Ani, and more. Points are redeemable on Amazon and through the HSBC site (subject to change).
- Charity: You can donate points to worthy organizations like the American Red Cross.
- Travel: Points can also be used for a sizable amount of travel credits and awards, such as reservations made via us for hotels, flights, or rental cars.hsbc.com
- Experiences like tickets to a Broadway play, whale watching, tours, and more
- Make travel arrangements for ground transportation.
- Get a statement credit for TSA Precheck or Global Entry application expenses by using rewards.
How to Apply For HSBC Credit Cards
It is advised that you submit your HSBC credit card application online for greater convenience.
As an alternative, you can visit the bank’s official website, go to the HSBC Credit Cards page[3], and select your preferred credit card, then click the Apply for credit card button.
The online application form takes roughly ten minutes to complete. Get your current credit card number and proper ID ready in advance to expedite the procedure.
An email asking the submission of supporting documentation will be sent to you. To upload supporting documentation for your online credit card application, use the HSBC Online File Upload Service. Files up to 2MB in size can be opened in PDF, JPEG, TIFF, and GIF formats.
You can apply in-branch for an HSBC credit card if you would rather handle things in person. Visit any Metro Manila, Cebu, or Davao bank branch to turn in your supporting documentation.
Conclusion
That rounds it up for HSBC Credit Cards. I believe you can find a credit card fitted for you from the many options HSBC has to offer.
More Related Content
