HSBC offers a wide range of credit cards to meet the diverse needs of Canadian consumers. From cash-back rewards to travel perks and insurance coverage, HSBC credit cards are packed with valuable features and benefits.
Credit cards have become an integral part of our daily lives. They provide convenience, flexibility, and benefits when making purchases and payments. HSBC is a renowned name in banking and offers a variety of credit cards to meet different needs.
This article provides an overview of HSBC credit cards, their features, and benefits, and how to apply, login, and make payments on an HSBC credit card account.
Overview of HSBC Credit Cards
HSBC provides credit cards across different tiers – standard, premium, and elite – so there’s an option for everyone. Here’s a quick overview of HSBC’s credit card offerings:
- HSBC Advance Mastercard – Cashback on dining and entertainment
- HSBC Platinum Mastercard – Travel insurance and rewards points
- HSBC World Elite® Mastercard – Airport lounge access, travel insurance
- HSBC Premier World Elite Mastercard – High rewards multipliers, golf privileges
- HSBC +Rewards Mastercard – No annual fee, rewards points
- HSBC Gold Mastercard – Strong rewards earnings on travel and dining
This diverse portfolio caters to both frequent travelers and everyday spenders. Next, let’s look at some of the common benefits.
Key Benefits of HSBC Credit Cards
While individual HSBC credit cards have unique perks, there are some benefits common across all cards:
- Rewards – All cards allow you to earn HSBC Rewards points
- Insurance – Travel medical, trip cancellation/interruption, baggage etc.
- Contactless Payments – For quick and secure tap-and-go transactions
- Chip & PIN technology – Enhanced security with PIN authentication
- 24/7 Concierge – For travel and entertainment assistance
- Emergency Cash Disbursement – For emergency access to cash globally
These core benefits enhance basic spending across all transactions and situations.
HSBC Cash Back Credit Cards
If you want to earn cashback on everyday spending, HSBC has two great options:
HSBC Advance Mastercard
Key Features:
- 3% cash back on dining purchases
- 1.5% cash back on entertainment purchases
- 1% cash back on other purchases
With its high earning rate on dining and entertainment, this card is ideal for foodies who enjoy movies, concerts, and more.
HSBC +Rewards Mastercard
Key Features:
- 1% cash back on all eligible purchases
- 10% bonus cash back each year
- No annual fee
As a basic cash-back card with no fee, this is easy to earn extra money on daily spending.
HSBC Travel Rewards Credit Cards
For frequent travelers, HSBC offers cards that maximize travel perks and rewards:
HSBC Platinum Mastercard
Key Features:
- 1.5x points on travel purchases
- Comprehensive travel insurance
- Strong insurance coverage
An excellent mid-tier travel card with solid earnings and protection.
HSBC World Elite Mastercard
Key Features:
- 3x points on travel spending
- Airport lounge access
- Higher rewards caps
- Elite travel benefits
With lounge visits, premium coverage, and higher earnings, this is designed for frequent flyers.
HSBC Premier World Elite Mastercard
Key Features:
- Rewards multipliers up to 5x
- Airport lounge access
- Hotel room upgrades
- Valet services and dining benefits
- Luxury hotel privileges
As a top-tier card, it offers truly exceptional rewards and exclusive luxury perks.
Everyday Purchasing HSBC Credit Cards
For moderate spenders who want an easy-to-use card, HSBC has good options like:
HSBC Gold Mastercard
Key Features:
- 3x points on groceries, gas, drugstore, and more
- Comprehensive insurance
- Extended warranty protection
Strong extras make this a handy card for daily spending in bonus categories.
HSBC +Rewards Mastercard
Key Features:
- 1x points on all purchases
- Points redeemable as cashback
- No annual fee
A simple, straightforward card to earn rewards with no annual fee.
Fees and Rates
Now let’s briefly cover the fees, rates, and how to apply:
- Annual fees – None for basic cards, up to $599 for elite cards
- Interest rates – 19.9% for purchases, up to 22.9% for cash advances
- Income requirements – From $15,000 up to $200,000 based on card tier
Review the specific card’s fees and eligibility before applying online.
Credit Requirements and Approval Odds
Given its unique benefits and intro rates, what will it take to qualify for the HSBC Gold Mastercard?
Expect credit requirements as follows:
- Good to Excellent Credit: Minimum credit scores around 670+ recommended
- Average Credit Limits: $5,000+ limits frequently reported
As a Visa card, eligibility is also dependent on your full income, existing credit profile, and debt-to-income qualifications. However, meeting these general benchmarks helps approval odds tremendously.
New applicants with credit scores below 650 will likely face very low acceptance rates. Those will pristine scores above 750 stand the best chances at approval.
How to Apply for the HSBC Card
If you are interested in applying for this card, the process is relatively straightforward. You can apply online or in person at an HSBC branch.
To apply for an HSBC credit card:
- Visit HSBC’s website and choose a suitable card
- Click “Apply Now” and fill in personal and financial details
You will need to provide some basic information, such as your name, address, and income. Once you have submitted your application, it will be reviewed by HSBC.
- Apply and await approval
- Receive the credit card in a few days once approved
If you are approved, you will receive your card in the mail within a few days. You can then start using your card to make purchases and access credit.
Receive card – The new HSBC credit card arrives within 10 business days.
Activate and use – Activate the card, register online, and begin spending.
The entire application and approval process can be done digitally and takes just a few minutes. With HSBC offering such a wide range of cards, be sure to apply for the right one based on your financial situation.
Tips to Log In to Your HSBC Credit Card Account
To log in to your HSBC credit card account:
- Go to HSBC’s website and click “Log On”
- Enter username and password
- Click “Log On” to access your account
How to Make Payments on an HSBC Credit Card
To make payments on an HSBC credit card:
- Log in to your HSBC account
- Go to “Payments and Transfers”
- Select “Make a Payment”
- Choose the payment amount and method
- Review and confirm payment details
- Payment will be processed and you’ll receive confirmation
Conclusion
HSBC credit cards offer a range of features and benefits that cater to different needs and lifestyles. Whether you are looking for rewards, cashback, travel insurance, or airport lounge access, HSBC credit cards have something for everyone.
If you are interested in applying for an HSBC credit card, visit the bank’s website and select the card that suits your needs. To log in to your HSBC credit card account or make payments, follow the steps outlined above.