HSBC Cash Rewards Mastercard® credit card

HSBC Cash Rewards Mastercard® credit card

Apply Now

on HSBC's secure site

HSBC Cash Rewards Mastercard® credit card

Apply Now

on HSBC's secure site

HSBC Cash Rewards Mastercard® credit card Review

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.

4

 

Rated 4/5.0 stars by our editorial team

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Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.

HSBC Cash Rewards Mastercard® credit card

  Apply Now
HSBC Cash Rewards Mastercard® credit card
Apply Now

on HSBC's secure site

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HSBC Cash Rewards Mastercard® credit card

SIGN-UP BONUS

Earn 3% cash back on all purchases in your first year, up to $10,000 in spend.

REWARDS RATE

Unlimited 1.5% cash back on all purchases after the intro period

Rewards Rate

Unlimited 1.5% cash back on all purchases after the intro period

Sign Up Bonus

Earn 3% cash back on all purchases in your first year, up to $10,000 in spend.

Travel Perks

No foreign transaction fees

Annual Fee

$0

Card Brand

Mastercard®

Recommended Credit Score

Good/Excellent

Highlights

  • Earn unlimited 1.5% cash back on all purchases.
  • 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
  • No Annual Fee.
  • 0% Intro APR for 12 months on purchases and balance transfers, Balance Transfers must be posted within the first 60 days following Account opening. Then a 12.99% - 22.99% variable APR will apply.
  • No Foreign Transaction Fees.
  • $0 liability for unauthorized purchases.
  • Terms Apply.

Additional Info

Foreign Transaction Fee

None

Balance Transfer Fee

Either $10 or 4%, whichever is greater, will apply on each balance transfer.

$0 Fraud Liability

Yes

Auto Rental Insurance

Yes

Extended Warranty Program

Yes

Roadside Assistance

No

Purchase Protection

Yes

Travel Assistance

No

Flight Accident Insurance

No

Lost Luggage Reimbursement

No

Concierge Service

No

See your approval odds before you apply
There's no impact to your credit

Expert Review

Editor's Overall Rating

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Our editors rate credit cards objectively based on the features the credit card offers consumers, the fees and interest rates, and how a credit card compares with other cards in its category. The ratings are the expert opinion of our editors, and not influenced by any remuneration this site receives from card issuers.

4

         

From the LendingTree editorial team, updated on May 24, 2023

The HSBC Cash Rewards Mastercard® credit card is an excellent cash back credit card with a number of rewarding benefits and perks. For starters, there is a Earn 3% cash back on all purchases in your first year, up to $10,000 in spend. On top of that, you'll earn unlimited 1.5% cash back on all purchases after the intro period 

There is no annual fee with this card and no foreign transaction fees. You can use this card while traveling out of the country and not worry about getting hit with a pesky transaction fee for every purchase. In addition to the generous cash rewards, this card comes with a solid intro APR of 0% Introductory APR on balance transfers for the first 12 months from account opening. Balance Transfers must be posted within the first 60 days following Account opening. on balance transfers. If you're carrying a balance on another card, transfer it to the HSBC Cash Rewards Mastercard® credit card and enjoy well over a year to pay your balance down interest free. It's important to note that a balance transfer fee does apply, but the money you save on interest during the intro period can easily cover the cost of the fee. Either $10 or 4%, whichever is greater, will apply on each balance transfer. The APR for new purchases is Variable APR of 13.99% - 23.99% will apply after the Introductory Period.

Overall the HSBC Cash Rewards Mastercard® credit card is a highly competitive cash rewards credit card that beats out many other cards with the duo of cash back bonuses. The card also comes with a nice intro APR and few fees making it a great fit for just about any consumer. 

The Good

  • Nice sign up bonus and rewards rate. To top it off, you pay no annual fee and no foreign transaction fees.

The Not So Good

  • There's no intro APR for purchases with the HSBC Cash Rewards Mastercard® credit card. Also, the balance transfer fee is a bit higher than some of other cards available.

The Bottom Line

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.


Editorial Note: This content is not provided by HSBC. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by HSBC.

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