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The HSBC World Elite Mastercard is a great card for everyday use and travel purchases.
As a limited time offer, you can earn up to 100,000 Points ($500 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year. Must apply by December 28, 2020. Conditions Apply.
This card allows you to earn 6 points per $1 spent on eligible travel purchases as well as 3 points for every other $1 spent on eligible purchases. Continue reading to learn more!
* The HSBC World Elite Mastercard is issued by HSBC Bank. They also offer great sign-up bonuses for their Checking and Savings accounts. You can also compare this card with other credit card bonuses!
HSBC World Elite Mastercard Summary
| Bonus Available | Earn up to 100,000 Points ($500 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year. Must apply by December 28, 2020. Conditions Apply. |
| *Bonus Value | $500 |
| Travel Credit | N/A |
| Ongoing Rewards/Benefits | Earn 6 points for every $1 spent on eligible travel purchases. Earn 3 points for every other $1 spent on eligible purchases. |
| Foreign Transaction Fees | 0% |
| Airport Lounge Access | Complimentary Mastercard Airport Experiences membership |
| Annual Fee | $149; no annual fee first year with full annual fee rebate |
* Bonus value is an estimated value calculated by Bank Checking Savings and not the card issuer.
View the latest valuations here.
PROS
- No foreign currency transaction fees (Only the Exchange Rate will apply)
- 10% discount when booking hotels on Expedia or Agoda discount
- Free access to Boingo Wi-Fi on up to four devices anywhere in the world where Boingo has hotspots
- 31-day comprehensive travel insurance
CONS
- Fees
- High interest rates
- High annual income requirement
- Not available in Quebec
HSBC World Elite Mastercard Offer
There are many ways to meet the spending requirements, but if you need help acquiring the points here are some ideas on meeting the spending requirements:
HSBC World Elite Mastercard Benefits
- Earn cash back Travel Rewards. Earn 3% in travel rewards on all eligible travel purchases (6 Points per $1 spent) and earn 1.5% in travel rewards on all other eligible purchases (3 Points per $1 spent).
- Comprehensive insurance. In addition to emergency cash transfer, this card provides worldwide emergency travel insurance for up to 31 days.
- No foreign transaction fees. Only the exchange rate will apply.
HSBC Rewards MasterCard Top Features
With this card, you can earn 6 points per $1 spent back on eligible travel purchases and earn 3 points back per $1 spent on all other purchases. Making this card an excellent choice for travellers.
Make overseas purchases with the HSBC World Elite Mastercard with no worry of being charged any fees besides exchange rate fees.
Conclusion
The HSBC World Elite Mastercard is a great card if you’re looking for a travel credit card that allows you to earn points for every dollar that you spend. However, you must meet the minimum income requirements in order to qualify and pay an annual fee.
Make sure to also visit Bank Checking Savings to explore more credit card bonuses.
More on HSBC:
What’s the Competition?
 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 |
 The Chase Sapphire Preferred® Card offers 100,000 bonus points after you spend $5,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
 The Chase Sapphire Reserve offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase TravelSM. You'll earn • 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel immediately after the first $300 is spent on travel purchases annually. • 3x points on other travel and dining • 1 point per $1 spent on all other purchases Get 50% more value when you redeem your points for travel through Chase Travel. This card does carry a $550 annual fee and there are no foreign transaction fees. However, you're able to earn a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year & up to $120 application fee credit for Global Entry or TSA Pre✓®. Member FDIC |
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