HSBC Premier World Elite Mastercard® 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)
|Product Name||HSBC Premier World Elite Mastercard® credit card|
|Purchase APR||14.99% to 18.99% variable|
|Balance transfer APR||14.99% to 18.99% variable|
|Balance transfer fee||$10 or 4% of the transaction, whichever is greater|
|Cash advance rate||24.99% variable|
|Cash advance fee||$10 or 5% of the cash advance amount, whichever is greater|
|Penalty APR||29.99% variable|
|Foreign transaction fee||None|
|Interest free period||Up to 25 days|
|Late payment fee||Up to $39|
|Returned payment fee||Up to $39|
|Additional cardholder fee||$65|
Kliment Dukovski is a credit cards writer. He's written over 600 articles to help readers find and compare the best credit cards. Kliment has also written on money transfers, home loans and more. Previously, he ghostwrote guides and articles on foreign exchange, stock market trading and cryptocurrencies.
Expert reviewHSBC Premier World Elite Mastercard® 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.
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.
Earn 3x points on travel purchases, 2x on dining and 1x on everything else you buy.
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
Expect to pay a $395 annual fee for the card. Authorized users cost an additional $65 per person.
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.
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 Premier World Elite Mastercard® 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.