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HSBC Premier World Elite® Mastercard® review

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Advertiser Disclosure

Annual Fee
$149.00
Interest Rate: Purchases
19.9%
Interest Rate: Purchases
19.9%
Balance Transfer
22.9%
Balance Transfer
22.9%
Rewards
3 - 6 points
Rewards
3 - 6 points
Signup Bonus
40000 points (after spending $6,000)
Signup Bonus
40000 points (after spending $6,000)


Am I eligible?


HSBC Premier World Elite® 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
Yes Have a minimum personal income of $80000.

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...


Finder
Finder

The HSBC Premier World Elite Mastercard is a premium travel card reserved for high earners and HSBC Premier members. You may benefit from this card if you’re a frequent flyer and don’t mind paying a high annual fee to get access to a full suite of travel benefits along with double the points for tra...

- Claire Horwood, Finder

Details


Interest Rates
Regular APR Interest Rate 19.9%
Balance Transfer Interest Rate 22.9%
Cash Advance Interest Rate 22.9%
Rates & Fees
Annual Fee $149.00
  • Annual fee rebate for the first year ($99 value)
  • As an HSBC Premier client, the Account will be eligible for a $50 rebate of the annual fee
Balance Transfer Fee 5%

Maximum

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
Promotions
Sign up bonus 40000 points after spending $6,000
  • On purchases within the first 180 days
  • Also get 20000 points as welcome bonus
  • Receive an additional 20000 Points as an anniversary bonus
  • Receive a $100 annual travel enhancement credit


Offer for Quebec Residents

  • Get 20000 points as welcome bonus
  • Receive an additional 60,000 Points if you keep your account open and active for 180 days
  • Receive an additional 20000 Points as an anniversary bonus
  • Receive a $100 annual travel enhancement credit
Rewards
All Purchases 3 points per $1 spent
Restaurants No
Gas No
Groceries No
Hotels No
Travel 6 points per $1 spent
Pharmacy No
Bills No
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 Yes
Concierge Service No
Price Protection No
Fraud Protection Yes
Free Credit Scores No
Wireless Payments Apple Pay
Virtual Cards No
Additional Benefits
  • $100 annual travel enhancement credit
  • Receive a complimentary membership to Mastercard Airport Experiences Provided by LoungeKey
  • Unlimited Wi-Fi through Boingo
  • Receive a 10% discount on select hotel bookings on your card with Expedia and Agoda
  • Baggage Delay or Loss insurance
  • Trip Cancellation and Trip Interruption/Delay insurance
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 $80,000 per year
Temporary Residents No
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Additional comments -
Terms & Conditions Official Terms & Conditions
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