The HSBC Advance Mastercard has an introductory offer of: 25,000 bonus points. This will allow you to gain 3x points for dining and certain entertainment expenses and 2x points for other expenses in the first 12 months of opening your account with the first $25,000 in purchases. The value of these points will be worth about $250. This would be an excellent credit card offer for a card with no annual fees attached.
The HSBC Advance Mastercard is a no-frills rewards card that will mainly put its attention on dining and entertainment purposes. You would be able to gain the most amount of points for those 2 options. They will be able to redeemed as: gift cards, merchandise, travel, or cash back. The Capital One SavorOne Cash Rewards card will offer you an inlimited 3% cash back for the 2 options listed.
There will be no annual fees when you sign up for the HSBC Advance Mastercard if you qualify for the HSBC Advance or HSBC Premier account. If you don’t apply to any of those then there will be an annual fee charge of $45.
HSBC Advance Mastercard Quick Facts
| Bonus Available | Receive 3X points for dining and specific entertainment expenses with an additional 2x points for other expenses in the first 12 months of opening your account with a maximum of $25,000 in expenses. |
| Bonus Value | $250 |
| Ongoing Rewards/Benefits | Gain 2X points on new, net dining and select entertainment expenses after the intro period.
Get 1X points on all other expenses after the intro period. |
| Foreign Transaction Fees? | No |
| Annual Fee | $0 |
Recommended Free Credit Score (Get Free Score)
720 – 850 (Excellent)
*If interested see our list of HSBC Bank bonuses for Checking & Savings accounts.*
Pros
- No annual fee
- Bonus points
- Flexible rewards
- No foreign transaction fees
Cons
- Excellent credit needed to qualify
- Banking relationship required
- Complicated rewards
Editor’s Alternate Pick
 The Capital One Savor Cash Rewards Credit Card offers a one-time $200 cash bonus once you spend $500 on purchases within the first 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; variable APR after that; balance transfer fee applies You'll earn: • 3% Cash Back at grocery stores (excluding superstores like Walmart and Target), on dining, entertainment and popular streaming services. • 5% Cash Back on hotels and rental cars booked through Capital One Travel (terms apply). • 8% Cash Back on Capital One Entertainment purchases. • 1% Cash Back on all other purchases. This card comes with no annual fee and no foreign transaction fees. |
HSBC Advance Mastercard 25,000 Bonus Points Offer
Gain 3X points for dining and specific entertainment purchases with 2X points for other expenses in the first 12 months of opening your account with a maximum of $25,000 in expenses.
This welcome offer will be worth about $250 for cash back (more on that later).
Here are some ideas in meeting the spending requirements:
What are HSBC Rewards Program Points Worth?
Depending on how you choose to use your points, will reflect their value. You will be able to redeem your HSBC Rewards Program points towards:
- Gift cards to popular restaurants, movie theaters and top retailers
- Merchandise from leading brands
- Travel booked through HSBC Rewards
- Cash back
To receive the best value for your points would be to use them for cash back. This would make your points value worth about $0.01 for each point. It would be the industrial average value worth that you would normally receive with other different rewards credit cards.
HSBC Promotions
Bottom Line
The HSBC Advance Mastercard is a no-frills, no-annual-fee rewards card if you are eligible for the U.S HSBC Advance or HSBC Premier checking account. If this doesn’t limit your options, then you should consider making use of this credit card’s rewards and no foreign transaction fees.
However, there are tons of other low priced credit card offers that will be equal to or even better than the HSBC Advance Mastercard welcome offer.
(Visit HSBC for more information)
What’s the Competition?
There are some of HSBC Advance Mastercard credit card’s top competitors listed below.
 The Capital One Quicksilver Cash Rewards Card offers $200 Cash Back after spending $500 on purchases within 3 months from account opening. 0% intro APR on purchases and balance transfers for 15 months; variable APR after that; balance transfer fee applies You'll earn: • 1.5% Cash Back on every purchase, every day with no rotating categories or sign-ups needed to earn cash rewards. • Unlimited 5% cash back on hotels and rental cars booked through Capital One Travel, where you'll get Capital One's best prices on thousands of trip options. Terms apply. This card comes with no annual fee and no foreign transaction fees which makes this card a viable option for your go-to everyday card. |
 The Chase Freedom Unlimited® Card offers a $250 bonus after spending $500 on purchases in your first 3 months from account opening. Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR. In addition, you can earn: • 6.5% cash back on travel purchased through Chase TravelSM, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase TravelSM, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. Member FDIC |
