HSBC World Elite® Mastercard® (QC only)

This offer is only available to residents of Quebec (Canadian residents outside of Quebec eligible for separate offer).

*Beta version of card page. Sign up to get updated guide soon.*

A great no-foreign-transaction-fee card with no minimum spend requirement


in free travel after 6 months & 1 purchase (no minimum spend)

The HSBC World Elite Mastercard is a great card for travelers with a great welcome bonus.

The welcome bonus is worth ≈ $562 based on our Flytrippers valuation and there is no minimum spend requirement to unlock it.

The card also is one of the very few cards with no foreign transaction fee, saving you 2.5% on all purchases in other currencies compared to most cards (only the exchange rate applies).

Finally, the card’s base earn rate is one of the best in Canada… and the points you earn are extremely flexible, as you can use them as an easy-to-use travel credit or transfer them to 3 airline partners.

Offer ends October 31, 2022. *Conditions apply

Initial welcome bonus of 20,000 HSBC Points
≈ $120 (estimated value 0.6¢/pt)

Additional welcome bonus of 70,000 HSBC Points
≈ $420 (estimated value 0.6¢/pt)

Annual travel enhancement credit (Year 1)
= $100 (considered at full value)

Card fee (Year 1)
= -$149 (Deducted from Flytrippers Valuation)

Renewal anniversary bonus of 20,000 HSBC Points
≈ $120 (estimated value 0.6¢/pt)

Annual travel enhancement credit (Year 2)
= $100 (considered at full value)

Card fee (Year 2)
= -$149 (Deducted from Flytrippers Valuation)

Flytrippers Valuation of Welcome Bonus
$562 in free travel
(or $452 minimum as fixed-value travel credit)

+ all points earned with your regular purchases

After the ≈ $562 Welcome Bonus…

Earn rate at Flytrippers valuation (≈ 0.6¢ per HSBC Rewards point):

  • 3 pts (≈ 1.8%) per $ on eligible purchases
  • 6 pts (≈ 3.6%) per $ on eligible travel purchases


Earn rate as fixed-value points (= 0.5¢ per HSBC Rewards point):

  • 3 pts (1.5%) per $ on eligible purchases
  • 6 pts (3.0%) per $ on eligible travel purchases

HSBC Points are hybrid points that can be used as fixed-value points or as variable-value points by transferring them to airline partners.

Their fixed value as a simple travel credit is 0.5¢/pt, while our Flytrippers valuation is 0.6¢/pt, or 20% more by transferring.

Transfer partners are:

  • British Airways Avios
  • Cathay Pacific Asia Miles
  • Singapore KrisFlyer

For example, the welcome bonus is almost enough for 2 Montreal-Miami roundtrip flights.

But with variable-value points you need to be flexible to get the most value.

More details about HSBC Points coming soon.

Medical travel insurance (31 days; under age 65)
Trip cancelation insurance
Trip interruption/delay insurance
Car rental insurance
Baggage delay/loss insurance
Purchase protection
Extended warranty

No flight delay insurance
No hotel burglary insurance


HSBC World Elite Mastercard

Offer Summary
  • ≈ $562 in free travel
  • No foreign transaction fee
  • Excellent earn rate
  • Hybrid points (fixed-value or variable-value)
  • 3 airline transfer partners
  • Excellent insurance coverage (31-day medical)
  • Minimum income of $80,000 required
  • No minimum spend to reach
  • Terms and conditions apply*


Start getting travel rewards with the HSBC World Elite Mastercard now

via HSBC secure application

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