A no-annual-fee credit card with an optional rewards program.
30-second take
- Get this card if you are an existing HSBC customer looking for a business credit card.
- Pick something else if you want to earn reward points on your purchases without fees.
- Apply if your business is based in the US and has annual sales of up to $5 million.
| Product Name | HSBC Mastercard BusinessCard® Credit Card |
|---|---|
| Card Type | Mastercard |
| Annual Fee | $0 |
| Standard Purchase APR | 11.25% variable |
| Intro Purchase APR | 0% for the first 12 months (then 11.25% variable) |
| Standard Balance Transfer APR | From 23.49% variable |
| Intro Balance Transfer APR | N/A |
| Cash Advance Rate | 23.49% variable |
| Rates & Fees | Rates & Fees |
| Minimum Age | 18 years of age |
|---|
| Welcome Offer | 2,500 bonus points upon enrollment in rewards program |
|---|---|
| Rewards | 1x points on all purchases with enrollment in rewards program |
| Base Rewards | 1x points |
The basics
You may want to consider the HSBC Mastercard BusinessCard® Credit Card if your business already has accounts with HSBC. Not only does this card help simplify monitoring individual card statements for each employee, but it allows you to earn reward points on purchases if you enroll. Note that enrollment comes with additional fees that aren’t disclosed on the HSBC website.
Another business card with rewards
Card benefits
- Intro APR period on purchases.
Use your first 12 months of card membership to make purchases with a 0% intro APR. After that, your rate reverts to 11.25% variable. - Individual billing statements.
To simplify credit card monitoring, you get individual statements for each card owner at the end of the billing cycle. - Optional rewards program.
Enroll in the rewards program to earn 1x points on all purchases. You can also earn 2,500 bonus points when you sign up for the rewards program. However, enrollment comes with additional fees that aren’t disclosed on HSBC’s website. - No annual fee.
Use the card and its perks without paying an annual fee.
What to watch out for
- Credit card eligibility.
To apply for the card, your business must be based in the US and your annual sales must be up to $5 Million. - Can’t apply online.
You can only book an appointment. - Not transparent.
You won’t find most of the card’s info on the HSBC website, including rewards program fees and other card fees.
How to apply for the HSBC Mastercard BusinessCard® Credit Card
- Visit the HSBC website and book an appointment at a branch near you. You can also call, 833-722-4722 to book an appointment.
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Compare business credit cards
Bottom line
Existing HSBC customers who want to get a business credit card may find the HSBC Mastercard BusinessCard® Credit Card useful. It lets you simplify your employee card monitoring and you get a long intro APR on purchases. You can also enroll in the optional reward program to earn points on your purchases, but you’ll have to pay a fee for it.
There could be a better card for you, so make sure you compare business credit card options before applying.
