Where can I find the details of those benefits? But need to supplement with a Mastercard. Here at Rewards … Other rewards that require 30,000 Points for redemption may be valued at less than $150. Just applied for this card. New cardmembers will earn up to 40,000 Points ($200 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year. There is also a free version called the HSBC Premier Mastercard which I review here. Expert review. You'll get a $100 annual travel credit, 10% savings on hotel bookings, and a full suite of World Elite benefits . When it comes to earning rewards, HSBC has kept it simple. Frequent fliers seeking a premium rewards program from their credit card will find a lot to like about the HSBC World Elite® Mastercard®. Must apply by March 29, 2021. Hi Tony, People should not look only the regards. Die MasterCard World Elite Kreditkarte zählt zu den Top-Kreditkarten auf dieser Welt. This agreement is made up of the key terms and the additional terms. Hi Barry – I acquired the Amazon.ca Rewards Visa card strictly for the no transaction fee charge on foreign exchange. It should just take several minutes to apply for the HSBC World Elite® Mastercard® online. Wow this card sounds very elitist! 3% (6 points per $1 spent) in travel rewards on all eligible travel purchases, 1.5% (3 points per $1 spent) in travel rewards on all other eligible purchases. Additional cards will cost $50 per year. That being said, you need a minimum of 25,000 points ($125) to redeem a travel credit when you make your own booking which will annoy many people. All rights reserved, Hotel Credit Cards That Come With a Free Night, TD Aeroplan Visa Infinite Credit Card Review. Must apply by March 29, 2021. … *This offer is not available for residents of Quebec. TO be honest, most of them are pretty crap but I can’t believe that HSBC can’t provide you support or guidance. No foreign transaction fees. The HSBC World Elite® Mastercard® is a premier travel credit card for people who enjoy frequent trips and meet certain income requirements. 2. What many people don’t realize is that HSBC is a major bank and they offer some excellent credit cards. Here's what makes this card special. As a premier travel rewards credit card, HSBC World Elite® Mastercard® offers superior value towards travel-related redemption. The HSBC World Elite Mastercard ticks all those boxes. Some of the items available from the HSBC Rewards Catalog. . There is currently a limited time special offer running on this card. However, the card also boasts flexible cash-in for other categories. Only available to existing Premier or Jade customers, and going head-to-head with Santander’s World Elite, this card offers significant rewards and travel perks.. Cardholders can travel in style with free LoungeKey membership – which means access to over 1000 airport lounges world wide. For Quebec residents, please click here. Customers can use points towards gift cards, HSBC financial products, merchandise, travel rewards, and cash back rebates or even trade them in for frequent flyer miles. Continue reading my HSBC World Elite Mastercard review and find out why it may be the most underrated travel credit card in Canada. How Much Does It Cost to go to the Maldives? Earn up to 40,000 Points ($200 travel value). This offer is only available to residents of Canada other than the province of Quebec (Quebec residents eligible for separate offer). To be clear, this HSBC World Elite Mastercard review refers to the card that is available to Canadians. HSBC WOrld Elite Sign Up Bonus. To redeem points for travel, customers enjoy great flexibility with the ability to book travel with any provider and use HSBC points towards these purchases. They may have done some rebranding, I think most of your article applies, but you may want to update it to remove the “Premier”. There are two versions of the card. TIA. By the way, i had multiples of the minimum deposit with HSBC, but no more. Download application form (PDF, 1.2MB) Download application form (PDF, 1.2MB) This link will open in a new window. What Credit Card Should You Have at Your Income Level? Earn up to 70,000 Points ($350 travel value). then when you ask for support / guidance it is also quite useless. *Must apply by March 29, 2021. So I ended up signing up for the HSBC World Elite Mastercard. A final benefit offered by the HSBC World Elite® Mastercard® when redeeming points is the ability to earn points and apply them to a charge made up to 60 days earlier. HSBC World Elite Mastercard Review; HSBC World Elite Mastercard (Canada) Reviewed by Credit Carrots (2020) TL;DR: The HSBC World Elite Mastercard offers a middle-of-the-road rewards point earn rate. HSBC World Elite Rewards Program . This review covers the free version. My HSBC World Elite Mastercard review is positive. I won’t be renewing the card HSBC are just not providing a proper level of support…. Once you’ve determined that you’ve met the eligibility requirements, you can apply for this card either in person or online. The HSBC World Elite® Mastercard® has a number of eligibility requirements, so it is worth checking before applying. This applies to flights, hotel bookings, car rentals, and more. Agreed. This bonus is a great incentive to apply for this card. I will discuss what these are worth and how they can be used below. But that’s not the point. Sign-up bonus. The card earns users up to 6 points per $1 spent, with strong earning power on travel purchases. Where it really differentiates itself is the rare 31 day travel insurance, 10% off Expedia hotel bookings, and no foreign exchange fees (a rarity in Canadian credit cards). Did anyone made any research at that effect. I wanted to apply for the HSBC Premier World Elite , but it looks like they require you to be a customer again with all the conditions that you mentioned. The HSBC World Elite Mastercard comes packed with travel benefits and HSBC Rewards is highly flexible which is why this card should be on your radar. Luxury Thank You Gift You will receive an exclusive Luxury Thank You Gift when you reach each benchmark $50,000, $75,000 and $100,000 in new purchases (minus returns, credits and adjustments) made using your HSBC Elite World Elite Mastercard® credit card. The card earns users up to 6 points per $1 spent, with strong earning power on travel purchases. Key facts: No annual fee, card only available to HSBC Premier current account holders. The full annual fee of $149 is rebated for the first year. I don’t have my wife carry the card only for the perks. Overall, I like the HSBC World Elite Mastercard travel insurance but there are some things that need to be pointed out. You made a mistake… it is not a card for ALL Premier clients…. I hope so; I forgot to mention that I own an Amex Cobalt, among my other cards, but you know Amex is not accepted everywhere…. The Scotiabank Passport Visa Infinite card could be a good alternative to the HSBC card. To start, the HSBC World Elite Mastercard is one of a few cards that waives the 2.5% foreign transaction fee. Included in its full suite of banking products is the HSBC World Elite Mastercard.. About the HSBC Premier credit card. Please review carefully. Conditions Apply*. I’ll likely apply for the HomeTrust card to replace my Amazon card if they get rid of the no fees for foreign transactions. The Scotiabank Gold AMEX might have a lower annual fee, but its welcome bonus isn’t nearly as rewarding. Hi Ambrose, We aren’t offering our Premier World Elite Mastercard in branches at the moment. I should also mention that if you’re a resident of Quebec, the sign up bonus is usually different. Please review your details then read and accept the HSBC Premier Agreement Terms below. Conditions apply. Sarah Pritzker has been writing for GreedyRates since 2017, and loves learning about the latest trends in Canadian personal finance. If Singapore Airlines is one of your preferred carriers, the HSBC Premier World Elite Mastercard is one of the few cards that allow you to earn Krisflyer points which is the frequent flyer program of the airline. Redemption offers may change from time to time. The HSBC World Elite® Mastercard® is an elite travel rewards credit card for established customers, avid travelers, and consumers with higher monthly spending. But they are doubling down on the travel rewards giving you an opportunity to earn up to 100,000 points. Another fantastic benefit of this card is the $100 annual travel enhancement credit that customers can redeem towards seat upgrades on flights, towards airline fees or lounges, and other travel-associated costs. Pay only $99 net if you maintain a Premier account. Earn 6 Points on every $1 of eligible travel purchases, up to a maximum of $50,000 in eligible travel purchases charged to your HSBC World Elite® Mastercard® in a calendar year. To apply for an HSBC Premier World Elite Mastercard, simply download an application form, complete it and send it to us after reading the Terms & Conditions (PDF, 360KB). Just fill in your personal information, including social insurance number, address, date of birth, email, and phone number. It has no fees, not even for ATMs. Transaction eligibility is based on the … Coronavirus Crisis: Should I Invest Right Now? Once you have reviewed and submitted, you should receive approval within a short amount of time. I dont have that info anymore and it is not within my welcome package. Instead of providing me the assurance i need, my reliance on the card ended up being the source of the crisis. You'll earn 3 points for every $1 spent on the card, which is … Questions: 1. If you can get past the high annual fee and strict income requirements, this is the perfect card for you. The card also comes with a few additional benefits that many other cards don’t offer such as free Boingo Wi-Fi and travel medical insurance that covers 31-days if you’re under the age of 65. Can you confirm this? After doing a thorough investigation and comparison of them, and evaluating their benefits, I decided it was worth trying the latter one, which has an annual fee but comes with more substantial perks than the other. This insurance covers loss, damage, theft, or other hazards. This may not matter to most travellers, but it’s worth highlighting nonetheless. Key link: HSBC Premier Mastercard application form. It looks like the only difference is the “Premier” version discounts your yearly fee? Advertisers are not responsible for the contents of this site including any editorials or reviews that may appear on this site. It’s easily one of the best credit cards with no foreign transaction fees and is one of the best travel credit cards in Canada since it comes packed with benefits. Oddly enough, the airline transfer partners aren’t even listed on the HSBC website, but a call to customer service has confirmed the following. When HSBC launched this card earlier this year it became … “Since it takes 20 points to claim $1 in travel, the 30,000 welcome points are worth $150.”. I already have 2 World Elite MC’s, I shouldn’t add another one, and besides I’m not with HSBC for banking anyways. I really don’t get why this card is only available to Premier members, it’s not that good. HSBC World Elite® Mastercard® Review 2021 Welcome Bonus of 20,000 Points ($100 in travel rewards) Rewards and benefits. 3% (6 points per $1 spent) in travel rewards on all eligible travel purchases and 1.5% (3 points per $1 spent) on all other eligible purchases is pretty generous while the 31-day travel insurance coverage is much better than some of the, 25,000 HSBC Rewards points transfer to 8,000 Asia Miles, My HSBC World Elite Mastercard review is positive. Never carry balances, and all my payments made on time since my file credit file was opened. Just decline the agency’s waiver and use your card for at least 75% of the cost, and you will be automatically covered for the full value of the vehicle in case of theft or damage. Cardholders benefit from comprehensive travel insurance coverage and other protections. Subscribe to our newsletter and get our updates straight to your inbox, Copyright © 2020 Greedyrates.ca. There’s a $149 primary card annual fee. This review covers the more generous, premium version. Provided you can put through £12,000 over the course of the year, your equation would be £195 for 52,000 Avios (or other miles). I have other three cards with a total of 11,500 of credit. The representative APR is 18.9% variable. This is about a $100 value. However we are in the middle of pandemic with little to none possiblity to travel, the $100 travel enhancement credit now becomes a waste, hopefully the bank could do some reflection on this and arrange an alternative way to reward cardholders. Apart from their robust travel insurance coverage, HSBC also gives customers peace of mind with Purchase Protection on purchases for 90 days. View the Rates and Fees Information Box for details; Make … Though there are cards on the market with a more competitive APR, lower (or even zero) annual fees and no minimum income requirement, this card’s accelerated points earned on travel purchases and generous sign-up bonus make it an attractive option for spenders with very good financial standing who travel frequently. With significant travel insurance offerings and an annual $100 travel enhancement credit, HSBC World Elite® … If you’re 65 or older, you’ll need to buy a separate travel insurance policy. Am I still eligible for those sign up benefits? The flexibility of your HSBC Rewards points will also appeal to people who travel with different airlines. These rates are competitive, and with a 21-day interest-free period following every purchase, the HSBC World Elite® Mastercard® is highly attractive. I just looked at the application requirements and you’re right, you do need to be an HSBC Premier client to apply for this card. Primary cardholders, spouses, and dependents are covered for up to 31 days for a maximum of $1 million per person for emergency medical insurance coverage on each trip. The ordinary welcome offer on this card is 40,000 HSBC Reward points upon spending £2,000 within the first 3 months. I think they’re hoping cardholders will hoard points which will make them more motivated to use them when we can all travel again. I just cancelled my Elite card, and my wife’s card for my account, after a month. I am considering getting this HSBC World Elite card. Refer to the HSBC World Elite Rewards Program Terms and Conditions for complete details. That means you can travel the world and book tickets in other currencies without having to incur hefty conversion … Then, if you spend $5000 within the next 180 days (or about 6 months), you will get another 80,000 Points, which is a $400 value. Thank you, Barry! I guess because it’s 2020 the thinking is that people carry their phones on them all the time, so it’s easier to check their daily transactions on their phone rather than having to find a desktop computer. That is enough already to get me concerned as a day-to-day usage card. On that basis, you’re effectively ‘buying’ Avios at 0.3p each – a superb rate. All current cardholders were grandfathered so you still don’t pay foreign transaction fees. 3% (6 points per $1 spent) in travel rewards on all eligible travel purchases and 1.5% (3 points per $1 spent) on all other eligible purchases is pretty generous while the 31-day travel insurance coverage is much better than some of the best credit cards with travel insurance. Annual fee: $299 ++ (As an HSBC Jade client, you receive an annual fee rebate) Additional/supplementary cards: $0; Annual Interest rate: 19.9% for Purchases, 22.9% on Cash Advances and Balance Transfers. Conditions Apply. It is easy and simple to cash in points against purchases; just apply reward points towards credit card charges at the specified value, either by calling an HSBC customer care representative or online. As you can see, there’s no set formula when it comes to the transfer of miles, but think about the potential of your earnings. The HSBC Premier World Mastercard offers decent rewards, solid benefits, and a one-time offer that’s worth between $400 and about $500, depending on how it’s redeemed. When you pay for purchases abroad, the foreign currency conversion charges are waived and only the exchange rate applies. Earn 3% in travel rewards on all … It’s easily one of, the best credit cards with no foreign transaction fees. Mit dem Verlust der Exklusivität der Kreditkarten, wie sie noch in den 70er Jahren bestand, mussten sich die Emittenten etwas einfallen lassen, um der betuchteren Klientel den Abstand zur breiten Masse der Verbraucher zu sichern. 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