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.*

An amazing offer no-foreign-transaction-fee card with no minimum spend requirement


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

The HSBC World Elite Mastercard is a great card for travelers and the current increased welcome bonus is excellent.

The welcome bonus is worth ≈ $622 based on our Flytrippers valuation by using it for specific flights.

But HSBC points are extremely flexible and you can use them as an easy-to-use travel credit if you prefer.

As simpler fixed-value rewards, the welcome bonus is worth a still excellent $502 and you could apply it to any travel expense whatsoever.

The best part is that there is no minimum spend required to unlock the bonus for us in Québec.

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 (a minimum of 3X the points, which is ≈ 1.8%).

Exceptionally, we have included Year 2 in our Flytrippers Valuation since the card has a renewal bonus that makes Year 2 profitable too.

Offer ends January 31, 2022.

*Terms and Conditions apply
®/TM Mastercard and World Elite are registered trademarks, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to licence.

Welcome bonus of 20,000 HSBC Points (no minimum spend portion)
≈ $120 (estimated value 0.6¢/pt)

Welcome bonus of 80,000 HSBC Points (minimum spend portion)
≈ $480 (estimated value 0.6¢/pt)

Annual travel enhancement credit (Year 1)
≈ $100 (fixed value)

Card fee (Year 1)
= $149 (deducted from total rewards)

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

Annual travel enhancement credit (Year 2)
≈ $100 (fixed value)

Card fee (Year 2)
= $149 (deducted from total rewards)

Flytrippers Valuation Welcome Bonus
$622 in free travel
(or $502 minimum as fixed-value travel credit)

+ all points earned with your regular purchases

*Also available but not included in Flytrippers Valuation: Additional bonus of 10,000 points (≈ $60) for adding authorized user (fee of $50)

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 full welcome bonus of 120,000 HSBC points is more than the required amount for 2 Montreal-Miami roundtrip flights.

We value that at ≈ $720 in savings on select flights. But it can be worth more (or less) too.

With variable-value points, you need to be flexible to get the most value.

If you use them as a simple travel credit, your 120,000 points are worth $600 off any travel expense (fixed value).

And in addition to the points from the welcome bonus, the card also comes with an annual $100 travel credit that can be applied to any travel expense.

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


HSBC World Elite Mastercard

Offer Summary
  • ≈ $622 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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