HSBC offers a handful of strong rewards credit cards, all of which have no foreign transaction fees.
HSBC is a British bank, but it’s one of the top 15 largest financial institutions in the United States. Its credit cards contend well against products from Citi, Bank of America and other major providers.
Best HSBC credit cards
HSBC offers a handful of US cards, most of them having signup bonuses, rewards and no foreign transaction fees.
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- HSBC Gold Mastercard® credit card: Best for intro APR (offer currently unavailable)
- HSBC Cash Rewards Mastercard® credit card: Best for cash back (offer currently unavailable)
- HSBC Premier World Elite Mastercard® credit card: Best for premium travel
- HSBC Premier World Mastercard® credit card: Best for mid-tier travel
- HSBC Advance Mastercard® credit card: Best for dining and entertainment
Best for intro APR: HSBC Gold Mastercard® credit card
(Offer currently unavailable)This card offers a straightforward main perk: an excellent intro APR on purchases and balance transfers. It’s HSBC’s answer to the top-notch Citi Simplicity® Card.
Best for cash back: HSBC Cash Rewards Mastercard® credit card
(Offer currently unavailable)A great no-annual-fee cashback card. You’ll enjoy earning a solid cash back on all purchases, and the card offers a strong intro APR on balance transfers. Additionally, you’ll receive a bonus on all cash back you earn each year.
Best for premium travel: HSBC Premier World Elite Mastercard® credit card
HSBC Premier World Elite Mastercard® credit card
Earn 50,000 Rewards Program Bonus Points worth $750 in airfare when booked online through HSBC Rewards, after spending $4000 in the first three months of account opening.
Best for mid-tier travel: HSBC Premier World Mastercard® credit card
HSBC Premier World Mastercard® credit card
Earn 35,000 Rewards Program Bonus Points, worth at least $400 in air travel, after spending $3,000 or more in the first 3 months from Account openi
Best for dining and entertainment: HSBC Advance Mastercard® credit card
HSBC Advance Mastercard® credit card
Earn 25,000 Rewards Program Bonus Points, worth $250 in gift cards, after spending $1,500 or more in the first 3 months from Account opening
HSBC rewards program
HSBC reward cards offer either cash back or points. Instead it offers Cash Rewards.
You can redeem your Cash Rewards or points for benefits including:
- Cash back in the form of credit to your HSBC Cash Rewards Mastercard® credit card.
- Gift cards.
How can you redeem rewards?
To redeem rewards, log in to your credit card account on the HSBC website. You can check your rewards balance and redeem cash back or points.
How much are rewards worth?
HSBC points are worth the industry-standard of 1 cent apiece. They may be worth more if you redeem them through HSBC Rewards. For example, with the HSBC Premier World Elite Mastercard® credit card, your 50,000-point signup bonus is worth $750 when you use it to book airfare through HSBC Rewards. That means it’s worth 50% more than it normally would.
Typical card features and benefits of a HSBC card
- No annual fee or first-year fee waived. HSBC’s cards are mostly split between no-annual-fee products and cards that waive your first year’s annual fee. For the latter, you’ll pay an annual fee starting the second year if you don’t have a qualifying US HSBC Premier checking account.
- Rewards. All HSBC cards have rewards except for the the HSBC Gold Mastercard® credit card.
- No foreign transaction fees. All HSBC’s cards come with no foreign transaction fees.
- Signup bonus. Every HSBC card has a signup bonus except the HSBC Gold Mastercard® credit card.
- Ongoing APR between 14% and 24% variable. Some cards have tighter ranges of ongoing APRs. For example, with the HSBC Advance Mastercard® credit card, your ongoing purchase and balance transfer APR will be 16.74% or 20.74% variable.
- Penalty APR. For most of its cards, HSBC may apply a penalty APR of around 31% variable to all balances if you make a late payment.
Compare HSBC credit cards
How to apply for a HSBC card
If you’d like to apply for an HSBC card, visit the HSBC website and click Apply now.
- You’re at least 18 years old.
Information you’ll need
To complete the application, you’ll need to provide information that includes:
- Your name and residential address.
- Your Social Security number and date of birth.
- Your email address and phone number.
- Financial information like your annual income and income source.
How does HSBC keep my credit card information secure?
HSBC guarantees you’ll never be liable for unauthorized transactions. If you report fraudulent activity on your account, HSBC may start blocking certain transactions more aggressively. It may also temporarily suspend or close your account. If HSBC closes your account, it will give you a new account number.
When you log in to your HSBC account, the bank will encrypt the data you transmit. With encryption software, your information is scrambled so third parties can’t read it.
HSBC uses network firewalls to prevent unauthorized users from accessing its private network. Additionally, it uses digital certificates so you can confirm you’re accessing the legitimate HSBC website.
HSBC offers strong low intro APR, cashback and travel cards. Most cards even offer rewards, signup bonuses and no foreign transaction fees.
If you’re not sure whether a HSBC product is right for you, check out other credit card providers to compare more options.