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 good 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, however the current welcome bonus, while good compared to many other cards, is not as high as it can sometimes be.

The welcome bonus is worth ≈ $381 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.

Not included in our Valuation is another $61 in value in Year 2, as there is also a great new additional anniversary bonus of 20,000 points (≈$110) in addition to the annual $100 travel credit.

Offer ends October 3rd.

*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 70,000 HSBC Points
≈ $420 (estimated value 0.6¢/pt)

Annual travel enhancement credit
≈ $100 (considered at full value)

Card fee
= $149 (deducted from total)

Additional bonus of 10,000 points for adding authorized user
$60 (estimated value 0.6¢/pt)

Authorized user fee
= $50 (deducted from total)

Flytrippers Valuation of Welcome Bonus
$381 in free travel
(or $301 minimum as fixed-value travel credit)

+ all points earned with your regular purchases

After the ≈ $381 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 more than enough for a Montreal-Miami roundtrip flight.

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

Detailed article on the credit card coming soon

HSBC World Elite Mastercard

Offer Summary
  • ≈ $381 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*

Detailed article on the credit card coming soon

Start getting travel rewards with the HSBC World Elite Mastercard now

via HSBC secure application

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