After that you’ll earn 3 points per dollar spent on travel purchases, including airfare, hotels, and rental cars. (Part 1 – non-financial), The HfP chat thread – Saturday 23rd January, the ability to buy airport lounge access via LoungeKey for £20 per visit per person, 10% discount on hotel bookings at Expedia and Agoda. There is also a more generous, premium version called the HSBC Premier World Elite Mastercard which I review here. That's $750 toward travel when you redeem through Chase Ultimate Rewards®, Forbes adheres to strict editorial integrity standards. That’s triple the amount that HSBC offers and it can be used toward hotels and other travel expenses  in addition to airfare. There is also a more generous, premium version called the HSBC … Secondary Car Rental Insurance Coverage, Chase Sapphire Reserve Travel Card Review, Bank of America Cash Rewards Credit Card Review, Chase Sapphire Preferred Credit Card Review, Bank of America Premium Rewards Credit Card Review, How To Redeem Ultimate Rewards Points For Groceries, The 4 Best Apps To Track Credit Card Rewards, HSBC Premier World Elite Mastercard Review, Only available to those with a U.S. HSBC Premier checking account, Earn 3X Rewards Program Points on new travel purchases – including airline, hotels, and car rentals, Redeem your points for the rewards you want: Travel, Cash Rewards, Gift Cards, or Merchandise, 10% discount when you book your hotel or vacation home stay through Expedia, Agoda or onefinestay, Enjoy a $100 Annual Air Travel Credit, get two free lounge visits per year, plus save up to 15% at hundreds of airport retailers”, Earn 3 points per dollar spent on travel, 2 point per dollar on dining, and 1 point per dollar on all other purchases, Welcome bonus of 50,000 Rewards Program Bonus Points after spending $4,000 in the first 3 months, $100 annual air credit toward ticket and other airline purchases, $100 annual rideshare credit for use on Uber and Lyft, Reimbursement toward Global Entry or TSA PreCheck once every four years, Travel benefits including LoungeKey membership, hotel discounts and travel insurance, Every day benefits including Boingo and Shoprunner memberships, $395; each authorized user $65 per year annual fee; authorized users can be added for $65 each, APR: 14.99% - 18.99% Variable APR on purchases and balance transfers, Annual Fee: $395; each authorized user $65 per year, Balance Transfer Fee: Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check, Cash Advance Fee: Either $10 or 5%, whichever is greater, will apply on each cash advance transaction. To learn more, speak with an HSBC Premier Relationship Manager. The HSBC Premier World Elite Mastercard offers an earning structure similar to competitors although with fewer options for redemption. This post contains references to products from one or more of our advertisers. The annual fee is $149. Key Takeaways. The Marriott Bonvoy American Express credit card offers 20,000 Marriott Bonvoy points for signing up. The Altitude Reserve comes with more generous travel credits, with up to $325 reimbursed annually on airfare, hotels and car rentals. This is our review of the HSBC Premier World Elite Mastercard credit card. This card comes with a number of premium features. Click here to visit our dedicated airline and hotel travel credit cards page or use the ‘Credit Card Offers’ link in the menu bar at the top of the page. You can also transfer points to a wide variety of airline and hotel partners, giving you more flexibility. The HSBC Premier Mastercard is – in terms of miles earned – still the most generous free Visa or Mastercard currently available if you want to earn Avios. Deposit products offered in the U.S. by HSBC Bank USA, N.A. You might be using an unsupported or outdated browser. The information, included card rates and fees, present in the review is accurate as of the date of the review. You can block cookies via your browser settings. Click on the PDF brochure under the bit where I list all the air miles partners. As an HSBC Premier World Elite Mastercard cardholder, you can travel with peace of mind. The ordinary welcome offer on this card is 40,000 HSBC Reward points upon spending £2,000 within the first 3 months. You can call us on 03457 70 70 70. Note the lack of any US airline partners. The HSBC Premier Mastercard is issued by HSBC. The HSBC Premier World Elite card is HSBC’s ultra-premium credit card offering. The thing is for a family of four, I think that’s were the benefits of the Platinum, with the additional PP comes in – allowing 4 to get into a lounge – including arguably better ones (Centurion Lounges in the US/HK & Plaza Premium which has big presence in the premium business heavy airport hubs). 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. How do BA American Express companion vouchers work? Delete Review. Grand Reserve™ World Mastercard® 2021 Review, Emirates Skywards Premium World Elite Mastercard® 2021 Review, Navy Federal More Rewards American Express Card 2021 Review. HSBC Premier World Elite MasterCard. If you're wondering whether HSBC Premier World Mastercard is the right card for you, read on. Frankly unless you value the hotel scheme upgrades on Amex Platinum, the HSBC card is significantly better value. Please review carefully. Becky Pokora is an avid traveler with a particular love for the outdoors. May 10, 2019. That card is the HSBC Premier World Elite MasterCard. Another BA cancellation story . Ben Smithson. For anyone else, the annual fee is hard to justify. The HSBC card is better in a few ways, though. HSBC points increase in value if you redeem them for airfare purchases made through their website instead of requesting cash back. Out of these cookies, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. If you believe that you can get 1p or more from your Avios points then HSBC points are worth 0.5p each, so a 0.5% return on your spending. When it comes to travel credit cards, the HSBC World Elite Mastercard kind of flies under the radar since HSBC is a brand they may not familiar. The ability to transfer to Etihad, Asia Miles and KrisFlyer as a back-up adds extra value. £3). The application form for the HSBC Premier Mastercard can be found here. The HSBC Premier Credit Card earns HSBC Rewards Points or Qantas Points, while providing some very handy extras, such as Instant Savings, LoungeKey access and insurance covers. The HSBC Premier World Elite Mastercard® offers a wide selection of travel benefits for a lower annual fee than most premium credit cards. Best Personal Loans For Debt Consolidation. And although HSBC’s “ultimate travel companion” comes fully loaded with perks, we’ll need to first discuss the cost of getting this card. For an explanation of our Advertising Policy, visit this page. Does anyone know what the definition of “your partner” is – do you have to be married, or is living together acceptable? Most customers won’t be able to apply for this card due to the requirement of being an HSBC Premier customer. Deposit products offered in the U.S. by HSBC Bank USA… This review will help you decide if this card is beneficial to you. Why you can trust this review Credit Card Review: Premier Credit Card From HSBC UK. This account is available to customers who meet at least one of the following criteria: maintain at least $200,000 (or foreign currency equivalent) in personal savings or investments with HSBC Bermuda; maintain a mortgage with an originating value of $1million or more (in good standing) with HSBC … HSBC Premier World Elite Mastercard Review. ©2021 Head for Points. One option is to get a free Curve Card – see this HfP article – and link it to a miles-earning Visa or Mastercard. We’re the UK’s leading source of business travel, Avios, frequent flyer and hotel loyalty news. These are provided as guidelines only and approval is not guaranteed. The tough sign-up criteria and stronger earnings rates of alternative credit cards means the HSBC Premier card would be of limited appeal to … I got great value from the HSBC card in a pre-pandemic world. There’s no way with the information they had access to for my application they could have known what my salary is. What American Express bonuses are you still eligible for? Is Marriott Bonvoy the best hotel loyalty scheme? Min. For an explanation of our Advertising Policy, visit this page. For the first year, the card earns three points per dollar on dining and eligible entertainment purchases and two points per … To the best of our knowledge, all content is accurate as of the date posted, though offers contained herein may no longer be available. You’ll need to have $5,000 in monthly direct deposits, $75,000 in total deposits and investments, or a mortgage that originated at $500,000 or more to qualify. However, HSBC may close accounts that have twelve months of inactivity, in which case all points are immediately forfeited. It has a £75 fee, refunded pro-rata if you cancel. Currensea translates the cost to Sterling with just a 0.5% fee (83% less than HSBC charges) and withdraws the money from your bank account. Points are worth 1.5 cents each when redeemed toward airfare, but you can also redeem them for statement credits. The HSBC Premier World Elite Mastercard® * offers a wide selection of travel benefits for a lower annual fee than most premium credit cards. British Airways and Cathay Pacific’s programs provide access to flights on Oneworld airlines (including American Airlines) and Singapore Airlines miles will allow you to fly on Star Alliance airlines (including United Airlines). Disclaimer. If you're wondering whether HSBC Premier World Mastercard is the right … The representative APR is 18.9% variable. Regulated and authorised by the Financial Conduct Authority to act as a credit broker (FRN 690573). The low interest rate and impressive benefits compensate for the lack of introductory offers on this card. However, in order to apply for the card, you must be an HSBC Premier Checking customer, which requires strict membership eligibility. If you sign up now, you can get 5,000 bonus rewards that can be redeemed for travel, financial rewards, gift cards and merchandise 19.99%. It’s a premium travel card with perks and accelerated points on travel and dining. While the Membership … Terms apply to the offers listed on this page. As a Premier Checking account holder, you may qualify for lower mortgage rates than other clients, assuming you have the … The HSBC Premier World Elite Mastercard®* offers a wide selection of travel benefits for a lower annual fee than most premium credit cards. The HSBC World Elite® Mastercard® is a premier travel credit card for people who enjoy frequent trips and meet certain income requirements. There's no need to worry if you lose your HSBC Premier Mastercard. The second is that the card can only be obtained if you have a HSBC Premier bank account. Please ensure you have your HSBC Premier Credit Card account number to hand. The UK's biggest frequent flyer website uses cookies to improve your experience. To even qualify, you need to be an HSBC Premier … The HSBC Premier World Elite Mastercard comes with a $100 annual airline credit and other travel benefits, though it requires a qualifying HSBC Premier account. As the HSBC Premier Mastercard adds a 3% foreign exchange fee, you might want to get a separate free credit card to use abroad. The HSBC Premier World Mastercard credit card is designed for HSBC Premier customers who want to earn rewards. The problem was that the next available Iberia flight was 6 days later. They use EQ for everything and CLI is usually HP. Receive extensive travel perks, premium insurance coverage and cashback rewards with the HSBC Premier Mastercard. Wizeman. The Forbes Advisor editorial team is independent and objective. HSBC also offers emergency financial support at any of their HSBC branches located around the world. The opinions expressed are the author’s alone and have not been provided, approved, or otherwise endorsed by our. 3.8 out of 5 161 reviews. Follow User Flag. This is everything you need to know to make a … Sign-up offer. Earlier this month I was approved for the Premier account & then World Elite Credit card, my only connection to HSBC is my company’s business current account was moved to them in 2020. By recommending credit cards on this site, I am – technically – acting as a credit broker. I am fighting with Iberia on this after they cancelled the flights due to weather in MAD and they blatantly refused to rebook on any other flight except operated by Iberia. These include 0% interest on balance transfers for 18 months from account opening (1.4% fee) and 0% interest on purchases for 9 months from account opening. There is currently a limited time special offer running on this card. That said, I typically work off a conservative 0.75p per point – this ensures that I never make a bad decision when deciding whether to take part in a promotion or not. My HSBC World Elite Mastercard review is positive. Credit Score ranges are based on FICO® credit scoring. See here and scroll down for the criteria. It offers travel insurance for trips charged to the card. Considering other cards offering similar … For example, if you withdraw £50, you'll incur a fee of £3.00. High rebate for groceries, petrol and dining locally or overseas. You can find out more by clicking here. It's reserved for HSBC's Premier account holders who maintain at least $100,000 in cash deposits or investments at the bank If … Expert review. To apply for a HSBC Premier Mastercard® Black, you must hold a HSBC Premier account. You also have the option to opt-out of these cookies. May 9, 2019. For an average spender, the HSBC Premier Mastercard offers twice the value. My default comparison card is the John Lewis / Waitrose Mastercard which is free for life and offers 0.25% cashback in vouchers. Links on Head for Points may pay us an affiliate commission. Allow 4-6 weeks after the Promotional Period has ended for the Bonus Points … Both cards offer 3 points per dollar spent on travel (after earning your $300 travel credit), but the Sapphire Reserve extends triple earnings to dining as well. If you meet the qualifying criteria, the HSBC Premier Mastercard is the UK's most generous free Visa or Mastercard for earning Avios points. Receive emergency travel medical coverage for you (as the primary cardholder), your spouse and dependent … All Rights Reserved. Robert Burgess, trading as Head for Points, is regulated and authorised by the Financial Conduct Authority to act as a credit broker. What Exactly Can Be Taken From You In A Lawsuit? If you're wondering whether HSBC Premier World Elite Mastercard is the right card for you, read on. It also has a $400 annual fee and offers numerous travel benefits. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. Click for details. However, it doesn’t offer travel insurance and the annual fee is higher than the HSBC card. It is also the only Visa or Mastercard in the UK which allows you to earn Asia Miles or KrisFlyer miles. The Citi Prestige is another premium travel card offering similar benefits to those you’d get with HSBC. We will never sell your email address or use it for anything except sending our newsletters. If you don’t have HSBC Premier, there’s currently a huge $500 signup bonus to get one. Giving a supp card to partner for £60 is a great benefit. I took out a simple life insurance product to aid my qualification during application but I don’t think it was checked . In general, did the airlines get any flexibility re re-routing obligations? Admittedly you need to pay for the kids on entry. Those who qualify may still do better by choosing other cards that come with similar travel credits and benefits. Enjoy HSBC Premier Privileges HSBC's unique program provides access to a variety of offers around the … Special Offer Special Offer - Earn up to 100,000 Points ($500 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year ($149 … Key link: HSBC Premier Mastercard application form, Key facts: No annual fee, card only available to HSBC Premier current account holders. This category only includes cookies that ensures basic functionalities and security features of the website. It offers a high, points earning rate and, compared to the others, a hefty welcome bonus. Choose HSBC Premier Mastercard® and enjoy first-class personalised customer service, extra privileges and special rewards. ... As an HSBC Premier MasterCard Credit Cardholder, travel insurance is available to you free of cost provided that you have purchased return airline tickets, before departure, using your HSBC Premier MasterCard Credit Card. Your Rating. I would also like to know this. If you currently pay for a ‘packaged’ current account with another bank you may save money by moving across. HSBC Premier MasterCard. Required fields are marked *. (I have this card and was completely unaware of the Expedia stuff). Points don’t expire as long as your account is open. TOP HOTEL BONUS POINTS OFFERS (JANUARY 2021), Get exclusive benefits on luxury hotel bookings via HfP, How to get free hotel elite status from UK credit cards. I’m not sure what the minimum investment is in an ‘investment product’ but I’m sure you could find something which would accept £1,000 or so. See a whole year of reward seat availability on one page at SeatSpy.com. 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To make travel easier, more memorable, and you 'll find stories,,!