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HSBC +Rewards™ Mastercard® review

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Advertiser Disclosure

Annual Fee
$25.00
Interest Rate: Purchases
11.9%
Interest Rate: Purchases
11.9%
Balance Transfer
11.9%
Balance Transfer
11.9%
Rewards
1 - 2 points
Rewards
1 - 2 points
Signup Bonus
-
Signup Bonus
-


8.7/10
Informr score
The HSBC +Rewards™ Mastercard® currently has an Informr score of 8.7 out of 10. This score is based on our evaluation of 7 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...


Hardbacon
Hardbacon

This low-interest credit card is absolutely worth your time and money. It has the standard zero liability you get with Mastercard, purchase and warranty insurance, as well a price protection feature. Sure, it has an annual fee for the primary card and supplementary ones as well. However, the card’s...

- Stefani Balinsky, Hardbacon
SAVVY New Canadians
SAVVY New Canadians

If you are looking for a versatile credit card that offers low interest rates as well as everyday rewards, this card is worth checking out. The basic insurance coverage included with the card is an added perk, and if you’d like additional travel insurance, it is available as an optional add-on for a...

- Enoch Omololu, SAVVY New Canadians
Finder
Finder

The HSBC +Rewards Mastercard may be a good fit for you if you want a low-interest card that lets you earn points for every dollar you spend. It comes with a low annual fee and offers basic insurance coverage with the option to add travel insurance for an extra fee.

- Claire Horwood, Finder
Offerhub.ca
Offerhub.ca

The card can be a great choice for Canadian citizens as it gives excellent bonuses and rewards when signing up for this program. However, there are some different terms for people living in Quebec.

- Offerhub.ca
MoneyGenius
MoneyGenius

If you tend to carry a balance, the HSBC +Rewards™ Mastercard® could save you hundreds in interest payments – all while earning you a steady stream of rewards on all your purchases. You'll get a low 11.9% rate on purchases, balance transfers, AND cash advances. Since the standard credit card interes...

- Kalleigh MacCormack, MoneyGenius

Details


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%

Maximum

Cash Advance Fee $5.00
Foreign Transaction Fee $0.00
Over Limit Fee $29.00
Late Payment Fee $0.00
Promotions
Sign up bonus No
Rewards
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
Eligibility
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
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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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