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The HSBC +Rewards MasterCard is a great card for all round card, especially for entertainment and dining.
You can take advantage of 20,000 Points ($100 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year ($25 value). Must apply by December 28, 2020. Conditions Apply.
This card allows you to earn 2 points per $1 spent on eligible dining and entertainment purchases as well as 1 point per $1 spent on everything else. So if you’re the type that likes to spend on entertainment and trying out new restaurants, see how this card can be the one for you.
* The HSBC +Rewards 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!
BONUS LINK | OFFER | REVIEW |
HSBC +Rewards MasterCard Summary
Bonus Available | 20,000 Points ($100 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year ($25 value). Must apply by December 28, 2020. Conditions Apply. |
*Bonus Value | $100 |
Travel Credit | N/A |
Ongoing Rewards/Benefits | 2 points per $1 spent on eligible dining and entertainment 1 point per $1 spent on everything else |
Foreign Transaction Fees | 2.5% |
Airport Lounge Access | N/A |
Annual Fee | $25; no annual fee first year with full annual fee rebate |
* Bonus value is an estimated value calculated by Bank Checking Savings and not the card issuer.
View the latest valuations here.
PROS
- Earn points on every purchase
- Low-interest rate on purchases, cash advances, and balance transfers
- Includes Purchase Assurance coverage
- Price Protection Service included
CONS
- Low points value
- Limited benefits
- Not available in Quebec
- Fee for additional cards
HSBC +Rewards 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 +Rewards MasterCard Benefits
- Optional travel insurance. Take advantage of travel insurance for an annual fee.
- Price protection. Save money with a price-match guarantee offered within two months of making a purchase.
- Zero liability protection. Avoid unauthorized or fraudulent purchases made with your card with zero liability insurance.
- Tap and pay. Pay instantly with Mastercard contactless payment and Apple Pay.
- Enhanced security. Use your Mastercard SecureCode to protect your information when shopping online.
- Worldwide acceptance. Shop with confidence when you travel overseas knowing that Mastercard is accepted worldwide.
HSBC Rewards MasterCard Top Features
The fact that this card has no income requirements whatsoever, combined with its low $25 annual fee that’s rebated for the first year, opens it up to more Canadians.
Although it is a low interest credit card, you are still able to earn some bonus points on your purchases. With this card, you can get 2 points for every $1 you spend on eligible dining and entertainment purchase, then 1 point for every $1 spent on everything else.
The HSBC +Rewards MasterCard offers a great 11.9% interest on purchases, balance transfers, and even cash advances. With this, you will be able to save a lot of money over time.
Conclusion
The HSBC +Rewards MasterCard is a great card if you’re looking for a low-interest credit card that allows you to earn points for every dollar that you spend. On top of that, it comes with various insurance coverage plans for the card as well as a low annual fee.
Make sure to also visit Bank Checking Savings to explore more credit card bonuses.
More on HSBC:
What’s the Competition?
The Chase Freedom Unlimited® Card offers: INTRO OFFER: Earn an additional 1.5% cash back on everything you buy (on up to $20,000 spent in the first year) - worth up to $300 cash back! Enjoy 0% Intro APR for 15 months from account opening on purchases and balance transfers, then a variable APR of 20.49% - 29.24%. 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 Travel, 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. That's $750 when you redeem through Chase TravelSM. 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 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 $100 application fee credit for Global Entry or TSA Pre✓®. Member FDIC |
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