The HSBC Premier World Elite Mastercard has an introductory offer of: 50,000 Rewards Program bonus points when at least $4,000 is spent in the first 3 months of having your account open. The value of these points will be worth about $750. There is an annual fee of $395, and this welcome offer will be able to cover the card’s price for a year.
HSBC Premier World Elite Mastercard is typically on the same level as the rest of its competition for a luxurious credit card. They will give you 3x points for travelling, 2x points for dining, and other premium perks that travelers will be able to take advantage of. With the LoungeKey membership, the TSA Precheck application reimbursement and $100 annual credit for flying.
If you want a card with no annual fees, then you should consider HSBC Premier World Mastercard. If you aren’t an HSBC Premier banking client, then you should consider other credit card offers since these rewards cards are only available for HSBC Premier members.
HSBC Premier World Mastercard Quick Facts
| Bonus Available | Receive 50,000 bonus points after making a minimum of $4,000 for expenses in the first 3 months of opening your account. |
| Bonus Value | $750 |
| Travel Credit | Get $100 air travel credit each year.
Gain $100 annual statement credits for rides with Uber and Lyft. Apply for the $85 TSA Precheck application fee credit. |
| Ongoing Rewards/Benefits | Gain 3 points for each $1 used for travel, 2 points for each $1 used for dining, and 1 points for each $1 used for other qualifying expenses.
Get 15% off airport retailers. Earn 10% discount when you book your accommodation through Expedia, Agoda or onefinestay. Unlimited Boingo Wifi access. |
| Foreign Transaction Fees? | No |
| Airport Lounge Access | Get a complimentary membership to over 1,000 airport lounges worldwide. Receive two free lounge visits per year (additional visits are $32 per person). |
| Annual Fee | $395; Add authorized users for $65 each. |
Recommended Free Credit Score (Get Free Score)
690 – 850 (Good – Excellent)
*If interested see our list of HSBC Bank bonuses for Checking & Savings accounts.*
Pros
- Bonus points
- Annual air travel credit
- Annual rideshare credit
- TSA Precheck credit
- Lounge access
- 15% off airport retailers
- 10% discount on Expedia, Agoda and onefinestay
- Unlimited Boingo WiFi
- Transfer partners
- No foreign transaction fees
Cons
- Annual fee
- Excellent credit needed to qualify
- Banking relationship required
- Complicated rewards
Editor’s Alternate Pick
 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 |
HSBC Premier World Elite Mastercard 50,000 Bonus Points
Make use of the HSBC Premier World Elite Mastercard’s introductory offer of: 50,000 bonus points. This welcome bonus will be worth about $750 for flying if you book your flight through the HSBC Rewards.
You must charge your card with a minimum of $4,000 in the first 3 months of having your account open to be able to qualify for this credit card offer.
Here are some ideas on meeting the spending requirement:
What are HSBC Rewards Program Points Worth?
Depending on how you decide to use your points, will reflect their value. Redeeming your HSBC Rewards Program points can be towards:
- Travel booked through HSBC Rewards
- Statement credits for travel
You will be able to transfer your points to qualifying partnered airlines with HSBC (more on that below).
To receive the best value for your points is to use them for traveling with the HSBC Rewards. This will make your points worth about $0.015 per point. It’s a great value compared to other rewards cards that average out to $0.01.
HSBC Premier World Elite Mastercard Top Features
$100 annual air travel statement credit: This will be able to be applied for: ticket purchases, seat upgrades, baggage fees, and in flight purchases.
$100 annual Uber and Lyft statement credit: Gain credits for up to about $20 for each ride.
$85 TSA Precheck statement credit: Reimburses the application fee.
Benefit from the complimentary membership for more than 1,00 airport lounges globally. Receive 2 free lounge visits each year (extra visits are $32 for each person). You will be able to save about 15% for many airport retailers such as: duty free shops, restaurants, and spas.
HSBC Rewards has 3 qualifying airline partners that you can be transferred towards:
- British Airways
- Singapore Airlines
- Cathay Pacific
Using these partner airlines, the transfer rate would be 1:1, but if there’s a special, limited time bonus offer.
Buy things overseas without stressing about any foreign transaction fees with the HSBC Premier World Elite Mastercard credit card.
HSBC Promotions
Bottom Line
If you’re already an HSBC Premier account holder, or if you want a travel rewards card with amazing perks. You should consider the Premier World Elite Mastercard credit card. This is a very tempting signup bonus with good ongoing rewards programs with similar expenses for lots of different travel benefits.
However, if you wouldn’t want to pay for the annual fee of $395, then you should look into a lower priced credit card such as the HSBC Premier World Mastercard.
(Visit HSBC for more information)
What’s the Competition?
There are some of HSBC Premier World Elite Mastercard credit card’s top competitors listed below.
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 |
 The Platinum Card® from American Express offers 100,000 Membership Rewards points after you spend $8,000 on eligible purchases on your new Card in your first 6 months of Card Membership. You'll earn: • 5X Membership Rewards Points for flights booked directly with airlines or with American Express Travel up to $500,000 on these purchases per calendar year. • 5X Membership Rewards Points on prepaid hotels booked with American Express Travel. • $200 Hotel Credit: Get up to $200 back in statement credits each year on prepaid Fine Hotels + Resorts(R) or The Hotel Collection bookings through American Express Travel using your Platinum Card(R). The Hotel Collection requires a minimum two-night stay. • $240 Digital Entertainment Credit: Get up to $20 back in statement credits each month on eligible purchases made with your Platinum Card on one or more of the following: Disney+, a Disney Bundle, ESPN+, Hulu, The New York Times, Peacock, and The Wall Street Journal. Enrollment required. • With American Express Global Lounge Collection you can enjoy access to over 1,400 airport lounges globally, including The Centurion Lounge, Unlimited Delta Sky Club® Access when flying an eligible Delta flight, Escape Lounges, Lufthansa Lounges when flying Lufthansa Group, Plaza Premium, Priority Pass Select Lounges, & Additional Global Lounge Collection Partner Lounges subject to visit limitations. Lounges may have their own rules, like additional access rules and guest fees, and for Priority Pass Select, you need to enroll and there are unlimited airport lounge visits for Card Members. With Delta Sky Club Access, Card Members will receive 10 Visits to the Delta Sky Club to be used from February 1 until January 31 of the next calendar year and can unlock Unlimited Delta Sky Club Access by spending $75,000 in eligible purchases on their Card in a calendar year. To find a lounge, visit the membership section in the American Express App or visit http://www.americanexpress.com/findalounge#/loungefinder. • $155 Walmart+ Credit: Save on eligible delivery fees, shipping, and more with a Walmart+ membership. Use your Platinum Card to pay for a monthly Walmart+ membership and get up to $12.95 plus applicable taxes back on one membership (excluding Plus Ups) each month. • $200 Airline Fee Credit: Select one qualifying airline and then receive up to $200 in statement credits per calendar year when incidental fees are charged by the airline to your Platinum Card. • $200 Uber Cash: Platinum Card Members can ride or dine in style with $15 in Uber Cash each month, plus a bonus $20 in December after adding their Card to their Uber account. Use your Uber Cash on rides and orders in the U.S. when you select an Amex Card for your transaction. • $199 CLEAR® Plus Credit: CLEAR Plus helps to get you to your gate faster at 50+ airports nationwide and get up to $199 back per calendar year on your Membership (subject to auto-renewal) when you use your Card. CLEARLanes are available at 100+ airports, stadiums, and entertainment venues. • Receive either a $120 statement credit every 4 years for a Global Entry application fee or a statement credit up to $85 every 4.5 years for a TSA PreCheck (through a TSA official enrollment provider) application fee, when charged to your Platinum Card. Card Members approved for Global Entry will also receive access to TSA PreCheck at no additional cost. • Shop Saks with Platinum: Get up to $100 in statement credits annually for purchases in Saks Fifth Avenue stores or at saks.com on your Platinum Card. That's up to $50 in statement credits semi-annually. Enrollment required. This card comes with a $695 annual fee.¤ (See Rates & Fees), but you cardholders can enjoy Uber VIP status and up to $200 in Uber savings on rides in the US annually. Uber Cash and Uber VIP status is available to Basic Card Member and Additional Centurion Cards only. Terms Apply. |
 The Chase Sapphire Preferred® Card offers 60,000 bonus points after you spend $5,000 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 Capital One VentureOne Rewards Card offers 20,000 miles once you spend $500 on purchases within 3 months from account opening, equal to $200 in travel. Enjoy 0% intro APR on purchases and balance transfers for 15 months; 19.24% - 29.24% variable APR after that; balance transfer fee applies You'll earn: • 1.25 Miles per dollar on every purchase, every day. • 5 Miles per dollar on hotels and rental cars booked through Capital One Travel. This card comes with no annual fees and no foreign transaction fees which is a great choice as your go-to travel card! |
 The American Express® Gold Card offers 75,000 Membership Rewards® Points after you spend $6,000 on eligible purchases on your new Card in your first 6 months of Card Membership. You'll earn: • 4X Membership Rewards® points per dollar spent on purchases at restaurants worldwide, on up to $50,000 in purchases per calendar year, then 1X points for the rest of the year. • 4X Membership Rewards® points per dollar spent at US supermarkets, on up to $25,000 in purchases per calendar year, then 1X points for the rest of the year. • 3X Membership Rewards® points per dollar spent on flights booked directly with airlines or on AmexTravel.com. • 2X Membership Rewards® points per dollar spent on prepaid hotels and other eligible purchases booked on AmexTravel.com. • 1X Membership Rewards® point per dollar spent on all other eligible purchases. Other benefits: • $120 Uber Cash on Gold: Add your Gold Card to your Uber account and get $10 in Uber Cash each month to use on orders and rides in the U.S. when you select an American Express Card for your transaction. That's up to $120 Uber Cash annually. Plus, after using your Uber Cash, use your Card to earn 4X Membership Rewards points for Uber Eats purchases made at restaurants or U.S. supermarkets. Point caps and terms apply. • $84 Dunkin' Credit: With the $84 Dunkin' Credit, you can earn up to $7 in monthly statement credits after you enroll and pay with the American Express(R) Gold Card at U.S. Dunkin' locations. • $100 Resy Credit: Get up to $100 in statement credits each calendar year after you pay with the American Express(R) Gold Card to dine at U.S. Resy restaurants or make other eligible Resy purchases. That's up to $50 in statement credits semi-annually. Enrollment required. • $120 Dining Credit: Satisfy your cravings, sweet or savory, with the $120 Dining Credit. Earn up to $10 in statement credits monthly when you pay with the American Express(R) Gold Card at Grubhub, The Cheesecake Factory, Goldbelly, Wine.com, and Five Guys. Enrollment required. • Explore over 1,000 upscale hotels worldwide with The Hotel Collection and receive a $100 credit towards eligible charges* with every booking of two nights or more through AmexTravel.com. *Eligible charges vary by property. This card has an annual fee of $325 with no foreign transaction fees (See Rates & Fees). Terms Apply. |
