HSBC Elite Credit Card review
Earn accelerated points on travel and dining and other premium perks.
- Get this card if you often travel internationally.
- Pick something else if you want a card with an intro APR period or no annual fee.
- Apply if you’re an HSBC Premier customer with a good to an excellent credit score of 670 or higher.
Points as welcome offer
Up to 3x
14.99% to 18.99%
Purchase APR (variable)
|Welcome Offer||50,000 points after spending $4,000 in the first 3 months|
|Rewards||3x points on travel, 2x on dining and 1x on everything else|
|Purchase APR||14.99% to 18.99% variable|
|Balance transfer APR||14.99% to 18.99% variable|
|Recommended minimum credit score||670|
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Expert reviewHSBC Elite Credit Card could be a good fit for HSBC Premier customers who often travel Internationally. It’s a premium travel card with perks and accelerated points on travel and dining.
To apply for the card, however, you must be an HSBC Premier customer.
- Signup bonus.
Spend $4,000 in the first 3 months of your account opening and earn 50,000 bonus points. As of March 2019, that’s up to $750 worth of airfare when booked through HSBC Rewards, according to the HSBC website.
- Reward points.
Earn 3x points on travel purchases, 2x on dining and 1x on everything else you buy.
- Lounge membership.
Enjoy membership to more than 850 airport lounges worldwide from Mastercard Airport Experiences, and two lounge visits per year for no extra cost.
- Annual air travel credit.
Get $100 air travel credit every year to reimburse airfare, seat upgrades, baggage fees or in-flight purchases.
- Uber and Lyft credit.
Use $100 statement credit annually for Uber and Lyft rides.
- TSA PreCheck credit.
Apply for TSA PreCheck and get reimbursed for the $85 application fee.
You’ll also like
- No foreign transaction fees.
No fees added for purchases made outside the US.
- Unlimited Boingo Wi-Fi access.
Enjoy Wi-Fi access with Boingo on airports, restaurants, hotels and other locations.
- Mastercard World Elite concierge.
Get dining recommendations, bookings for restaurants or events or any other kinds of assistance you may need.
- Discount on hotel bookings.
Book through Agoda or Expedia hotels that have “Promotion Eligible” banners and get a 10% discount.
What to watch out for
- Annual fee.
Expect to pay a $395 annual fee for the card. Authorized users cost an additional $65 per person.
- Penalty APR.
A single late payment could set you back for a late payment fee and a penalty APR of 29.99% variable. Once incurred it will apply for at least six months, but it may apply indefinitely if you don’t pay your balance on time.
- Application eligibility.
You’ll need to have a minimum of $100,000 in an HSBC Premier checking account to apply. Otherwise, you’ll pay a maintenance fee of $50 monthly.
Compare travel credit cards
Consider the HSBC Elite Credit Card if you’re looking for a premium travel credit card. It comes with a generous signup bonus, accelerated points on travel purchases and dining, plus you get annual travel credit and Uber and Lyft credit.
However, if you think there could be a better option for you, check out similar travel credit cards and compare options.