Credit card welcome offers change frequently and HSBC has just pushed a new round of offers on a few of their HSBC Rewards and cash back earning credit cards. Frugal Flyer also offers cash back rebates on all of the below cards, giving you the opportunity to earn even more rewards.
Let’s dive into the new HSBC credit card offers launched on September 1st.
HSBC World Elite Mastercard
The HSBC World Elite Mastercard now has a welcome bonus of up to 50,000 HSBC Rewards points (worth $250 in travel value), earned through a segmented rewards structure. New cardholders must apply by the expiry date of September 29, 2023 to be eligible for this offer.
The HSBC World Elite Mastercard earns HSBC Rewards points and offers cardholders benefits including an annual $100 travel enhancement credit* and free Boingo Wifi membership.
For 2023, we selected this card as the Best Foreign Transaction Credit Card.
Check out our HSBC World Elite Mastercard review for more details.
50,000 HSBC Rewards
$1,000
$250+
$149 (FYF)
No
Sep 29, 2023
The new welcome bonus is structured as follows:
- Earn 20,000 HSBC Rewards points as a welcome bonus
- Earn 30,000 HSBC Rewards points when you spend $1,000 within 60 days of account opening
HSBC Rewards points can be redeemed against travel expenses at a rate of 200 points = $1 CAD. They are one of the easiest loyalty program currencies to redeem as you can apply them to travel expenses you paid for with your HSBC credit card. Cardholders must redeem a minimum of 25,000 HSBC Rewards points per redemption, and in increments of 10,000 points (such as 35,000 points, 45,000 points, etc.).
New cardholders can also expect to receive a first year annual fee rebate (worth $149) as well as a $100 annual travel enhancement credit that can be redeemed towards ancillary travel expenses, such as seat selection fees and checked baggage fees.
The HSBC World Elite Mastercard also offers no foreign transaction fees and coincidentally, won our award for the best Canadian credit card for foreign transactions.
HSBC Cash Rewards Mastercard
The HSBC Cash Rewards Mastercard now has a welcome bonus of up to $100 cash back. New cardholders must apply by the expiry date of September 29, 2023 to be eligible for this offer.
The HSBC Cash Rewards Mastercard earns cash back* and gives cardholders the opportunity to earn 1.5% cash back on eligible online purchases.
100 Cash back
$1,000
$100+
$0
Yes
Sep 29, 2023
New cardholders will receive a minimum of 10.5% cash back on all purchases within the first 60 days, up to $1,000 in total purchases. The HSBC Cash Rewards Mastercard also has no annual fee, making it a great option for someone who is looking for a new credit card with no additional costs.
Earned cash back can be redeemed at any point during the year provided the cardholder has earned a minimum of $25 in their account.
HSBC Travel Rewards Mastercard
The HSBC Travel Rewards Mastercard now has a welcome bonus of 20,000 HSBC Rewards points (worth $100 in travel value). New cardholders must apply by the expiry date of September 29, 2023 to be eligible for this offer.
The HSBC Travel Rewards Mastercard earns HSBC Rewards and gives cardholders the opportunity to earn 3x HSBC Rewards points* on all travel purchases.
20,000 HSBC Rewards
$1,000
$100+
$0
Yes
Sep 29, 2023
New cardholders can earn 20,000 HSBC Rewards points upon spending $1,000 on the card within the first 60 days. The HSBC Travel Rewards Mastercard also has no annual fee.
HSBC +Rewards Mastercard
The HSBC +Rewards Mastercard now has a welcome bonus of 35,000 HSBC Rewards points (worth $175 in travel value). New cardholders must apply by the expiry date of September 29, 2023 to be eligible for this offer.
The HSBC +Rewards Mastercard earns HSBC Rewards points and gives cardholders the opportunity to earn 2x HSBC Rewards on dining and entertainment purchases.
35,000 HSBC Rewards
$2,000
$175+
$25 (FYF)
Yes
Sep 29, 2023
New cardholders can earn 35,000 HSBC Rewards points upon spending $1,000 on the card within the first 60 days. New cardholders can also expect to receive a first year annual fee rebate (worth $25).
Conclusion
Credit card offers are an ever-changing world, and it’s always useful to stay on top of what is available out there when you are considering signing up for your next credit card. We will continue to keep this article up to date with the latest offer changes to HSBC credit cards as they happen.
Josh Bandura
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