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The HSBC World Elite Mastercard is a great card for everyday use and entertainment.
As a limited time offer, you can earn up to 100,000 Points ($500 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year. Must apply by December 28, 2020. Conditions Apply.
This card allows you to earn 6 points per $1 spent on eligible travel purchases as well as 3 points for every other $1 spent on eligible purchases. Continue reading to learn more!
* The HSBC World Elite Mastercard is issued by HSBC Bank. They also offer great sign-up bonuses for their Checking and Savings accounts. You can also compare this card with other credit card bonuses!
| PROMOTIONAL LINK | OFFER | REVIEW |
HSBC World Elite Mastercard Summary
 The HSBC World Elite® Mastercard® offers up to 100,000 Points ($500 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year. Must apply by December 28, 2020. Conditions Apply. You'll earn 3% back in travel rewards on all eligible travel purchases (6X points per $1) and earn 1.5% back in travel rewards on all other eligible purchases (3X points per $1) This card comes with an annual fee of $149. This offer is only available to residents of Canada other than the province of Quebec. (Quebec residents eligible for separate offer). |
| Bonus Available | Earn up to 100,000 Points ($500 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year. Must apply by December 28, 2020. Conditions Apply. |
| *Bonus Value | $500 |
| Travel Credit | N/A |
| Ongoing Rewards/Benefits | Earn 6 points for every $1 spent on eligible travel purchases. Earn 3 points for every other $1 spent on eligible purchases. |
| Foreign Transaction Fees | 0% |
| Airport Lounge Access | Complimentary Mastercard Airport Experiences membership |
| Annual Fee | $149; no annual fee first year with full annual fee rebate |
* Bonus value is an estimated value calculated by BankDealGuy and not the card issuer.
View the latest valuations here.
PROS
- No foreign currency transaction fees (Only the Exchange Rate will apply)
- 10% discount when booking hotels on Expedia or Agoda discount
- Free access to Boingo Wi-Fi on up to four devices anywhere in the world where Boingo has hotspots
- 31-day comprehensive travel insurance
CONS
- Fees
- High interest rates
- High annual income requirement
- Not available in Quebec
HSBC World Elite Mastercard Offer
There are many ways to meet the spending requirements, but if you need help acquiring the points here are some ideas on meeting the spending requirements:
HSBC World Elite Mastercard Benefits
- Earn cash back Travel Rewards. Earn 3% in travel rewards on all eligible travel purchases (6 Points per $1 spent) and earn 1.5% in travel rewards on all other eligible purchases (3 Points per $1 spent).
- Comprehensive insurance. In addition to emergency cash transfer, this card provides worldwide emergency travel insurance for up to 31 days.
- No foreign transaction fees. Only the exchange rate will apply.
HSBC Rewards MasterCard Top Features
With this card, you can earn 6 points per $1 spent back on eligible travel purchases and earn 3 points back per $1 spent on all other purchases. Making this card an excellent choice for travellers.
Make overseas purchases with the HSBC World Elite Mastercard with no worry of being charged any fees besides exchange rate fees.
Author’s Verdict
The HSBC World Elite Mastercard is a great card if you’re looking for a travel credit card that allows you to earn points for every dollar that you spend. However, you must meet the minimum income requirements in order to qualify and pay an annual fee.
Earn rewards for each purchases made and earn up to 6 points per $1 spent on eligible purchases made with the card!
Make sure to also visit BankDealGuy to explore more credit card bonuses. If you’re indecisive of which card best suits you, see our post on the Best Credit Card Categories!
Alternative Credit Card Options
 The Chase Freedom Unlimited® Card offers a $250 bonus after spending $500 on purchases in your first 3 months from account opening. Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers. In addition, you can earn: • 6.5% cash back on travel purchased through Chase TravelSM, our premier rewards program that lets you redeem rewards for cash back, travel, gift cards and more • 4.5% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service • 3% on all other purchases (on up to $20,000 spent in the first year). After your first year or $20,000 spent, enjoy 5% cash back on travel purchased through Chase TravelSM, 3% cash back on drugstore purchases and dining at restaurants, including takeout and eligible delivery service, and unlimited 1.5% cash back on all other purchases. There is no minimum to redeem for cash back & your cash back rewards do not expire as long as your account is open. This card comes with no annual fee and you'll get a free credit score that is updated weekly with Credit JourneySM. Member FDIC |
 The Chase Sapphire Preferred® Card offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. You'll earn: • 5x on travel purchased through Chase TravelSM • 3x on dining, select streaming services and online groceries • 2x on all other travel purchases • 1x on all other purchases • $50 Annual Chase Travel Hotel Credit • Get complimentary access to DashPass which unlocks $0 delivery fees and lower service fees for a minimum of one year when you activate by December 31, 2027. Get 25% more value when you redeem for airfare, hotels, car rentals and cruises through Chase TravelSM This card carries a $95 annual fee. |
 The Chase Sapphire Reserve offers 60,000 bonus points after you spend $4,000 on purchases in the first 3 months from account opening. That's $900 toward travel when you redeem through Chase TravelSM. You'll earn • 5x total points on flights and 10x total points on hotels and car rentals when you purchase travel through Chase Travel immediately after the first $300 is spent on travel purchases annually. • 3x points on other travel and dining • 1 point per $1 spent on all other purchases Get 50% more value when you redeem your points for travel through Chase Travel. This card does carry a $550 annual fee and there are no foreign transaction fees. However, you're able to earn a $300 Annual Travel Credit as reimbursement for travel purchases charged to your card each account anniversary year & up to $120 application fee credit for Global Entry or TSA Pre✓®. Member FDIC |
More on HSBC
• Chase Bank Bonuses. Chase usually offers the most sign-up bonuses out of all the big banks. Read up and enjoy several promotions for their Checking, Savings and Business accounts. • HSBC Bank Bonuses. HSBC has some big value offers available for their Checking accounts. Some require hefty deposits to qualify. They also have an online Savings account offering a very competitive rate. • Huntington Bank Bonuses. Huntington has Consumer Checking and Business Checking accounts available throughout the year. • Discover Bank Bonuses. As an online bank, Discover offers high and competitive rates on their Savings, CD, and Money Market accounts. Enjoy excellent customer service nationwide. • TD Bank Bonuses. TD Bank consistently offers great Checking account bonuses all year long. Savings account offers are less frequently available. |
| PROMOTIONAL LINK | OFFER | REVIEW |
| Chase Private Client | $3,000 Cash | Review |
| U.S. Bank Business Checking | $900 Cash | Review |
| U.S. Bank Business Checking | $400 Cash | Review |
| Chase Business Complete Checking® | $300 or $500 Cash | Review |
| KeyBank Key Smart Checking® | $300 Cash | Review |
| Truist One Checking | $400 Cash | Review |
| Chase Total Checking® | $300 Cash | Review |
| Chase College CheckingSM | $100 Cash | Review |
| J.P. Morgan Self-Directed Investing | Up to $700 Cash | Review |
| Chase Secure BankingSM | $100 Cash | Review |
| SoFi Checking and Savings Account | $325 Cash | Review |
| Huntington Bank Unlimited Plus Business Checking | $1,000 Cash | Review |
| Huntington Bank Unlimited Business Checking | $400 Cash | Review |
| Huntington Bank Business Checking 100 | $100 Cash | Review |
| Fifth Third Bank Checking | $400 Cash | Review |
| Axos Basic Business Checking | $400 Cash | Review |
| Axos Business Interest Checking | $400 Cash | Review |
| Axos Bank Business Premium Savings | $375 Cash | Review |
