HSBC Cash Rewards Mastercard® credit card
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.
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/ExcellentHighlights
- 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
None
Either $10 or 4%, whichever is greater, will apply on each balance transfer.
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Expert Review
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.