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?
To get this card, you must also:
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...
- Kat Tretina, FinanceBuzzThe 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...
- Holly Johnson, NextAdvisorThe HSBC Cash Rewards Mastercard offers a flat 1.5% cash back on every purchase and some additional cardholder perks, for no annual fee. It’s a good choice if you’re looking for simple cash rewards, but there’s no welcome bonus, which can limit your first-year value compared to other cards.
- Nick Cole, ClarkThe HSBC Cash Rewards card has many nice things to offer that make it competitive in the cash back credit card space. However, far too many of them fall into Year 1 as a temporary benefit to make this the choice for a long-term everyday spender for most people. If you’re the type of person who carri...
- Compare CardsThe 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.
- Brian Martucci, Money CrashersThe 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...
Details
| 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 Maximum |
| Promotions | |
| 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. |
| Rewards | |
| 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 | Yes |
| Wireless Payments | Apple Pay, Samsung Pay, Google Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
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