SuperMoney
  HSBC Premier World Mastercard

HSBC Premier World Mastercard

in Personal Credit Cards from HSBC Bank USA

Claimed Special OffersSpecial Offer Available!

HSBC Premier World Mastercard

Claimed Special OffersSpecial Offer Available!

in Personal Credit Cards from HSBC Bank USA

Not enough votes for recommendation

Not enough votes for recommendation

Cast your vote
Cast your vote

Would you recommend HSBC Premier World Mastercard to your friends?

Thanks for your vote!

Thanks for your vote!

You voted: May or may not recommend

Highlights
Highlights
Purchase APR  (Variable APR) 14.99% - 18.99%
Balance Transfer APR  (Variable APR) 14.99% - 18.99%
Credit Score Range 670 - 850
Annual Fee $0

HSBC Premier World Mastercard Review

HSBC Premier World Mastercard is a cashback credit card issued by HSBC Bank USA. If you're wondering whether HSBC Premier World Mastercard is the right card for you, read on. This is everything you need to know to make a good choice.

Key takeaways:

  • Earn 1 point for every dollar spent on everyday purchases. Terms and conditions apply.
  • Signup bonus. Offers a signup bonus of 35000 points after spending $3,000 that can be redeemed for travel, gifts, or other perks.
  • Competitive APRs. HSBC Premier World Mastercard has a variable purchase APR that ranges from 14.99% up to 18.99%.
  • No annual fee. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
  • 3% Balance transfer fee. HSBC Premier World Mastercard charges a fee of up to 3% on balance transfers. For example, a balance of $1,000 could cost up to $30 in transfer fees. The minimum fee is $5.
  • $0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
  • Multiple credit card benefits. Includes generous credit card perks, such as rental insurance, emergency support, extended warranty protection on purchases, Global Entry / TSA Precheck Fee Credit, price protection, purchase protection, travel accident insurance, travel assistance, trip cancellation insurance, and fraud protection.
  • Good or better credit required. You should probably try with another card if your credit score is below 670.

HSBC Premier World Mastercard Pros and Cons:

The Good The Bad
  • 35,000 Rewards Program Bonus Points worth at least $400 in air travel
  • No foreign transaction fees.
  • Lower than average purchase APRs.
  • No annual fee.
  • Multiple credit card perks.
  • Offers auto rental collision damage waiver.
  • Extended warranty and price protection on purchases.
  • Free access to your credit score.
  • Global Entry / TSA Precheck Fee Credit.
  • Travel accident and travel assistance insurance.
  • Trip cancellation insurance.
  • No foreign transaction fee.
  • Cardholders can earn rewards on every purchase.
  • Earn rewards on every purchase.
  • HSBC Premier World Mastercard reports to multiple credit bureaus.
  • Cardholders can earn rewards on their purchases.
  • There is a $95 annual for anyone who does not have a qualifying U.S. HSBC Premier checking account.
  • Requires good to excellent credit.
  • Charges a 3% balance transfer fee.

Is there a HSBC Premier World Mastercard cash back or rewards program?

HSBC Premier World Mastercard is a cashback card. This means you earn a percentage of your purchase as a cash reward. With HSBC Premier World Mastercard you receive 1% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $10 back in cash. However, you can earn up to 2% for purchases in a bonus category.

HSBC Premier World Mastercard Rewards
Rewards rate (all purchases) 1%
Max rewards rate 2%
Annual rewards limit N/A
Signup Bonus ($) N/A
Signup Bonus (Points/Miles) 35000
Signup Bonus Spend Requirement $3000

Does HSBC Premier World Mastercard have a signup bonus?

HSBC Premier World Mastercard doesn't offer a cash signup bonus. However, it does include a 35000 points signup bonus after spending $3000 that can be redeemed for travel, gifts, or other perks.

Does HSBC Premier World Mastercard offer an annual loyalty bonus?

HSBC Premier World Mastercard doesn't offer a cash loyalty bonus.

What are the HSBC Premier World Mastercard benefits?

HSBC Premier World Mastercard provides the following benefits:

  • Free Credit Score
  • Auto Rental Collision Damage Waiver
  • Emergency Support
  • Extended Warranty Protection
  • Trip Cancellation Insurance
  • Zero fraud liability
  • Price Protection
  • Travel Accident Insurance
  • Cellular Telephone Protection
  • No blackout dates when redeeming miles
  • Travel Assistance
  • ID Theft Protection
  • Reports to major credit bureaus

What are the relevant APRs for HSBC Premier World Mastercard?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. HSBC Premier World Mastercard has lower than average purchase APRs.

HSBC Premier World Mastercard has a variable purchase APR that ranges from 14.99% up to 18.99%. The card has a variable balance transfer APR that ranges from 14.99% up to 18.99%. It also has a variable cash advance APR of 24.99% . Note that late payments are subject to an APR of 29.99% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

Does HSBC Premier World Mastercard have an introductory APR offer on balance transfers?

No, HSBC Premier World Mastercard does not come with an introductory APR offer for balance transfers.

Does HSBC Premier World Mastercard have an introductory APR offer on new purchases?

HSBC Premier World Mastercard does not offer an introductory rate on new purchases.
HSBC Premier World Mastercard Purchase Intro Offer
Description
Introductory Rate N/A
Purchase Intro APR Period (months) N/A

What are the fees for HSBC Premier World Mastercard?

The following fees apply to HSBC Premier World Mastercard:

  • There is no overlimit fee
HSBC Premier World Mastercard Fees
Fees Amount
Annual Fee $0
Overlimit Fee $0
Foreign Transaction Fee 0%
Returned Payment Fee up to $25
Late Payment Fee up to $37

Does HSBC Premier World Mastercard have a foreign transaction fee?

HSBC Premier World Mastercard does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Does HSBC Premier World Mastercard report your account activity to credit bureaus?

HSBC Premier World Mastercard reports your account activity to the following credit reporting agencies:

  • Equifax
  • Experian
  • Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit score.

How to apply for HSBC Premier World Mastercard

  • Visit the HSBC Premier World Mastercard website.
  • Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
  • Check the information is accurate and submit your application.
  • If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

SUPERMONEY Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Contact

  • Headquarters
  •   425 Fifth Avenue
    New York, NY 10018
  •   Visit Site

Special Limited Time Offers

Complimentary unlimited premium Wi-Fi at over a million secure hotspots worldwide with Boingo. 10% off at Expedia, Agoda or onefinestay

Hours of Operation

  • Sunday Closed
  • Monday 8:30am - 5:00pm
  • Tuesday 8:30am - 5:00pm
  • Wednesday 8:30am - 5:00pm
  • Thursday 8:00am - 6:00pm
  • Friday 8:30am - 5:00pm
  • Saturday 9:00am - 1:00pm

Other Services by HSBC Bank USA

Icon for Personal Credit Cards
View all personal credit cards offered by HSBC Bank USA

Availability

  Available in 50 states and Washington, D.C.
  • Alabama
  • Alaska
  • Arizona
  • Arkansas
  • California
  • Colorado
  • Connecticut
  • Delaware
  • Washington, DC
  • Florida
  • Georgia
  • Hawaii
  • Idaho
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maine
  • Maryland
  • Massachusetts
  • Michigan
  • Minnesota
  • Mississippi
  • Missouri
  • Montana
  • Nebraska
  • Nevada
  • New Hampshire
  • New Jersey
  • New Mexico
  • New York
  • North Carolina
  • North Dakota
  • Ohio
  • Oklahoma
  • Oregon
  • Pennsylvania
  • Rhode Island
  • South Carolina
  • South Dakota
  • Tennessee
  • Texas
  • Utah
  • Vermont
  • Virginia
  • Washington
  • West Virginia
  • Wisconsin
  • Wyoming

Feature Breakdown

Every Purchase (Points) 1X Points on all other purchases.
Foreign Currency Transaction Fee 0%
No Foreign Transaction Fee  
Annual Fee $0
Over-Limit Fee $0
No Interest Grace Period for Late Payment 25 days
Cash Advance Fee Minimum $5
Cash Advance Fee (%) Up to 3%
Minimum Cash Advance Fee ($) Starting at $5
Minimum Interest Charge $0.50
Returned Payment Fee Up to $25
Late Fee Amount Up to $37
Customer Type Personal
Minimum Age 18
Supported Income Types
  • 1099 Misc. Income
  • Cash
  • Direct Deposit (W2, SSA, SSDI)
  • Payroll Check or Prepaid Card
  • Tax Returns
Military Status
  • Active Duty Military
  • Military Dependent
  • Non-Military
  • Veterans
Employment Statuses Considered
  • Employed Full-Time
  • Employed Part-Time
  • Other
  • Retired
  • Self-Employed
  • Unemployed
Immigration Status Considered
  • U.S. Citizen
  • U.S. Permanent Resident
Credit Score Range 670 - 850
Card Type
  • Airline
  • Bonus Offers
  • Cashback
  • Rewards
  • Travel
Card Network Mastercard
Credit Bureau Reporting
  • Equifax
  • Experian
  • TransUnion
Lost Luggage Insurance  
Emergency Support  
Travel Insurance  
Fraud Liability  
Extended Warranty  
Car Rental Insurance  
Credit Card Benefits
  • Auto Rental Collision Damage Waiver
  • Cellular Telephone Protection
  • Emergency Support
  • Extended Warranty Protection
  • Fraud Liability
  • Free Credit Score
  • Global Entry / TSA Precheck Fee Credit
  • Identity Theft Protection
  • Price Protection
  • Purchase Protection
  • Travel Accident Insurance
  • Travel Assistance
  • Trip Cancellation Insurance
Free FICO Score  
Bonus Rewards Earn 35,000 Rewards Program Bonus Points worth at least $400 in air travel – after spending $3,000 in the first 3 months from Account opening. 2X Rewards Program Points on new travel purchases – including airline, hotels, and car rentals
No Reward Expiration Period  
No Blackout Dates  
Rewards Rates
  • Airfare
  • Car Rentals
  • Every Purchase
  • Hotels
  • Travel
Signup Bonus (points) 35,000
Rewards Type Points
Cash Advance APR (Variable APR) 24.99%
Balance Computation average daily balance (including new purchases)
Penalty APR (Variable APR) 29.99%
Purchase APR (Variable APR) 14.99% - 18.99%
Balance Transfer APR (Variable APR) 14.99% - 18.99%
Balance Transfer Fee Minimum $5
Balance Transfer Fee % 3%

Be the first to rate

 

Would you recommend HSBC Premier World Mastercard to your friends?

Before we publish your vote:

Please explain your vote by sharing your experience.

Writing a review increases the credibility of your vote and helps your fellow users make a better-informed decision.

Please write a review to submit your vote
Cancel my vote
(will require moderator approval)

SUPERMONEY NET RECOMMENDATION SCORE

0%

-100% 0% +100%
No one recommends Everyone recommends

Recommendation score measures the loyalty between a provider and a consumer. It's at 100% if everybody recommends the provider, and at -100% when no one recommends.

Other Personal Credit Cards

Deserve Edu Mastercard for Students
Rating not yet determined In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote

1 Reviews

OpenSky® Secured Visa® Credit Card
Mostly recommended

6 Reviews

HSBC Bank USA Personal Credit Cards

Product

Reviews

Purchase APR

Balance Transfer APR

Credit Score Range

Annual Fee

HSBC Gold Mastercard Credit Card

HSBC Gold Mastercard Credit Card

Rating not yet determined

3 total votes
In our efforts to provide the community with the most accurate information, recommendation rating is not determined until a sufficient number of SuperMoney users cast their vote
Purchase APR 12.99% - 22.99%
(Variable APR)
    0% 36% Variable APR
Balance Transfer APR 12.99% - 22.99%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 670 - 850     300 850
Annual Fee $0 Annual Fee
HSBC Cash Rewards Mastercard Credit Card
Purchase APR 12.99% - 22.99%
(Variable APR)
    0% 36% Variable APR
Balance Transfer APR 12.99% - 22.99%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 660 - 850     300 850
Annual Fee $0 Annual Fee
HSBC Platinum Rewards Credit Card

HSBC Platinum Rewards Credit Card

Be the first to rate

Purchase APR 14.74% - 24.74%
(Variable APR)
    0% 36% Variable APR
Balance Transfer APR 14.74% - 24.74%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 680 - 850     300 850
Annual Fee $0 Annual Fee
HSBC Premier World Elite Mastercard
Purchase APR 17.24% - 21.24%
(Variable APR)
    0% 36% Variable APR
Balance Transfer APR 17.24% - 21.24%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 670 - 850     300 850
Annual Fee $395 Annual Fee
HSBC Advance Mastercard

HSBC Advance Mastercard

Be the first to rate

Purchase APR 14.99% - 18.99%
(Variable APR)
    0% 36% Variable APR
Balance Transfer APR 14.99% - 18.99%
(Variable APR)
    5% 29% Variable APR
Credit Score Range 670 - 850     300 850
Annual Fee $45 Annual Fee