Last Updated: 07/28/2025
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Highlights
Purchase APR (Variable APR)
17.24% - 21.24%(Verified 06/21/2024)
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Balance Transfer APR (Variable APR)
17.24% - 21.24%(Verified 06/21/2024)
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Credit Score Range
650 - 850
Annual Fee
$0
HSBC Premier World Mastercard Review
This 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.
Key Takeaways
- Welcome offer. Offers a signup bonus of 35000 points that can be redeemed for travel, gifts, or other perks.
- APR: This is not a great card for people who carry a balance. It has a variable regular purchase APR that ranges from 17.24% up to 21.24%.
- No annual fee. This is a great option for people looking for a low-maintenance cashback card. It gives you cashback on your eligible purchases, but you don't have to pay an annual fee for the privilege.
- A 4% balance transfer fee. HSBC Premier World Mastercard charges a fee of 4% on balance transfers. For example, a balance of $1,000 could cost $40 in transfer fees. The minimum fee is $10.
- No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
- Multiple credit card benefits. Includes generous credit card perks, such as Auto Rental Collision Damage Waiver, emergency support, extended warranty protection on purchases, identity theft protection, price protection, purchase security, travel accident insurance, travel assistance, trip cancellation and interruption protection, and fraud protection.
- Fair or better credit required. You will have good approval odds if you have a fair credit score or better.
Pros & Cons of HSBC Premier World Mastercard
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HSBC Premier World Mastercard FAQ
Does HSBC Premier World Mastercard have a cash back or rewards program?
This is a cashback card. This means you earn a percentage of your purchases as cash back rewards.
| Description |
Does HSBC Premier World Mastercard have a signup bonus?
This card doesn't offer a cash signup bonus. However, it does include a 35000 points signup bonus that can be redeemed for travel, gifts, or other perks.Does HSBC Premier World Mastercard offer an annual loyalty bonus?
This card 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
- Cell Phone Protection
- No blackout dates when redeeming miles
- Travel Assistance
- Reports to major credit bureaus
What are the relevant APRs for HSBC Premier World Mastercard?
According to the Federal Reserve Board, the average regular APR for accounts that carry a balance (as of November 2024) is 22.80%. This card has lower than average regular APRs.HSBC Premier World Mastercard has a variable purchase APR that ranges from 17.24% up to 21.24%. The card has a variable balance transfer APR that ranges from 17.24% up to 21.24%. It also has a variable cash advance APR of 27.24% .
Note that late payments are subject to an APR of 32.24% 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 intro APR offer on balance transfers?
No, it does not come with an intro APR offer for balance transfers.Does HSBC Premier World Mastercard have an intro APR offer on new purchases?
This card does not offer an intro APR rate on new purchases.What are the fees for HSBC Premier World Mastercard?
| Description | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Returned Payment Fee | Up to $39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Foreign Currency Transaction Fee | Starting at 0% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Annual Fee | $0 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| No Foreign Transaction Fee? | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Late Fee Amount | Up to $39 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Minimum Cash Advance Fee ($) | $10 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash Advance Fee (%) | Up to 5% | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
This card does not charge an annual fee, which makes it a smart choice for consumers looking for a low-cost cashback card.
Does HSBC Premier World Mastercard have a foreign transaction fee?
This card does not charge foreign transaction fees. If you are a frequent traveler, avoiding foreign transaction fees can save you hundreds of dollars in fees when you travel out of the country.What is the customer service phone number for HSBC Premier World Mastercard?
The customer service number for HSBC Premier World Mastercard is (800) 975-4722.
What is the support contact email for HSBC Premier World Mastercard?
The support contact email for HSBC Premier World Mastercard is hsbcusahelp@us.hsbc.com.
What is the login page for HSBC Premier World Mastercard?
You can access the login page of HSBC Premier World Mastercard here.
How do people rate the customer service and user experience of HSBC Premier World Mastercard?
We currently don't have sufficient reviews to provide a reliable SuperMoney community rating for this product.
Does HSBC Premier World Mastercard report your account activity to credit bureaus?
Yes, HSBC Premier World Mastercard reports to the following credit bureaus:
- 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 may help build your credit.
Does HSBC Bank USA perform a hard credit pull?
Yes, HSBC Premier World Mastercard performs a hard credit pull when you apply for a loan. Additionally, it doesn't provide the option to check your rates using a soft credit pull, a feature that many lenders offer.
Click here to get prequalified rates from multiple leading lenders without a hard credit pull. However, if you accept a loan offer, a hard credit pull will likely be performed.
How to apply for HSBC Premier World Mastercard
- Visit the website of HSBC Premier World Mastercard.
- 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
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Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author's alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.
Hours of Operation
Sunday
Closed
Monday
10:00AM - 4:00PM
Tuesday
10:00AM - 4:00PM
Wednesday
10:00AM - 4:00PM
Thursday
10:00AM - 4:00PM
Friday
10:00AM - 4:00PM
Saturday
9:00AM - 1:00PM