HSBC Cash Rewards Mastercard® credit card review

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Advertiser Disclosure

Interest Rate: Purchases
13.99% ‐ 23.99% (Variable) (0% for the first 12 months)
Balance Transfer
13.99% ‐ 23.99% (Variable) (0% for the first 12 months)
1.5% cashback
Signup Bonus

Informr score
The HSBC Cash Rewards Mastercard® credit card currently has an Informr score of 8.7 out of 10. This score is based on our evaluation of 20 sources including reviews from users and the web's most trusted critics.

What's good

  • Cash Back
  • No annual fee
  • No foreign transaction fee
  • Anniversary Bonus
  • Sign Up Bonus
  • 0% Introductory APR
  • Mobile banking
  • $0 liability for unauthorized purchases

What's bad

  • Relatively high spending requirement for signup bonus
  • High regular APR
  • High fees
  • Mediocre cash back rate

Am I eligible?

HSBC Cash Rewards Mastercard® credit card is typically available to those with excellent credit scores (650 or greater).
To get this card, you must also:
Yes Be a permanent or temporary resident of USA

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 Cash Rewards Mastercard makes sense for someone looking for a credit card workhorse. It’s a cashback card you can keep in your wallet and use for every purchase you make to earn a high rate of rewards. It’s perfect if you want just one simple credit card, rather than juggling many with rota...

- Kat Tretina, FinanceBuzz
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The HSBC Cash Rewards Mastercard® credit card can help you rack up big sums of cash back, especially in your first year. It's also a decent option for balance transfers. 

- Compare Cards
Money Crashers

The HSBC Cash Rewards Mastercard® Credit Card is very much a “what you see is what you get” product. If you like unlimited 1.5% cash back paired with a solid sign-up bonus and a long 0% APR introductory promotion, you’ll find nothing to dislike about this card. If you’re accustomed to more bells and...

- Brian Martucci, Money Crashers

A mediocre cash-back rate and sign up bonus make the HSBC Cash Rewards Mastercard® a difficult card to recommend, compared to other flat-rate cash-back cards.

- Cardcruncher

The HSBC Cash Rewards Mastercard is a very worthy contender among the 1.5% cash back cards. The 10% anniversary bonus each year even puts it ahead of the competition from a rewards perspective. And the no foreign transaction fee is a great benefit for the occasional travelers. However, if you're a h...

- Anna G, CreditDonkey


Interest Rates
Regular APR Interest Rate 13.99% ‐ 23.99% (Variable) (0% for the first 12 months)

This APR will vary with the market based on the Prime Rate.

Balance Transfer Interest Rate 13.99% ‐ 23.99% (Variable) (0% for the first 12 months)

This APR will vary with the market based on the Prime Rate.

Cash Advance Interest Rate 24.99% (Variable)

This APR will vary with the market based on the Prime Rate.

Rates & Fees
Annual Fee $0.00
Balance Transfer Fee 4%

Minimum of $10

Cash Advance Fee 5%

Minimum of $10

Foreign Transaction Fee $0.00
Over Limit Fee $0.00
Late Payment Fee $39.00


Sign up bonus

Earn an Introductory 3% Cash Back on all purchases in the first 12 months from Account opening, up to the first $10,000 in purchases.

All Purchases 1.5% cash back
Restaurants No
Gas No
Groceries No
Hotels No
Travel No
Pharmacy No
Bills No
Additional Details

10% Anniversary Bonus on all Cash Rewards earned each year.

Features & Benefits
Additional Card Holders Yes
Travel Accident Insurance Yes
Car Rental Insurance Yes
Car Rental Discount No
Extended Warranty Yes
Purchase Protection Yes
Zero Liability Yes
No Foreign Transaction Fees Yes
Emergency Assistance No
Concierge Service Yes
Price Protection Yes
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay, Samsung Pay, Android Pay
Virtual Cards No
Additional Benefits

Roadside Assistance

Minimum Security Deposit $0
Minimum Age 18
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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