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HSBC +Rewards™ Mastercard® review

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Advertiser Disclosure

Interest Rate: Purchases
Balance Transfer
1 - 2 points
Signup Bonus
20000 points (after spending $2,000)

Informr score
The HSBC +Rewards™ Mastercard® currently has an Informr score of 8.6 out of 10. This score is based on our evaluation of 2 sources including reviews from users and the web's most trusted critics.

Am I eligible?

HSBC +Rewards™ Mastercard® is typically available to those with good credit scores (650 or greater).
To get this card, you must also:
Yes Be at least 18 years of age (AB, MB, ON, PE, QA, SK). 19 in all other provinces.
Yes Be a permanent or temporary resident of Canada

Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.

What the Critics Are Saying...

The HSBC +Rewards™ Mastercard® combines low interest rates with rewards, all packaged together for a low annual fee of $25. With this card, you’ll save around 8% off the standard credit card interest rate, while earning 2 points per $1 spent on eligible dining and entertainment purchases. To top it...

Money We Have

My HSBC +Rewards Mastercard is positive. Although it lacks low interest balance transfer promotion, the regular interest rate and the ability to earn points makes this a good fit for people who have specific needs. Plus, the price protection benefit can be well worth the $25 annual fee.

- Barry.Choi, Money We Have


Interest Rates
Regular APR Interest Rate 11.9%
Balance Transfer Interest Rate 11.9%
Cash Advance Interest Rate 11.9%
Rates & Fees
Annual Fee $25.00

Full annual fee rebate for the first year

Balance Transfer Fee 5%


Cash Advance Fee $2.00
  • $4 for ATMs outside Canada
  • $3 for over the counter transactions
  • $5 for over the counter transactions outside Canada
Foreign Transaction Fee $0.00
Over Limit Fee $29.00
Late Payment Fee $0.00
Sign up bonus 20000 points after spending $2,000

On purchases within the first 180 days

Offer for Quebec Residents

25000 points after spending $2000 if you keep your account open and active for 180 days

All Purchases 1 point per $1 spent
Restaurants 2 points per $1 spent
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

2 points per $1 spent on entertainment purchases

Features & Benefits
Additional Card Holders

$10 per card per year

Travel Accident Insurance No
Car Rental Insurance No
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service No
Price Protection Yes
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay
Virtual Cards No
Minimum Security Deposit $0
Minimum Age

18 years in AB, MB, ON, PE, QA, SK. 19 years in all other provinces.

Minimum Personal Income
Temporary Residents No
Additional comments
Terms & Conditions Official Terms & Conditions
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Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.

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