HSBC World Elite® Mastercard®

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

Flytrippers Opinion: A great offer on a rare card with no FX fee; also with no minimum spend!
Flytrippers Valuation
of Welcome Bonus (net value)
ends February 28th

via HSBC secure application link
≈ $ 562

Rewards: ≈ $711*

Card Fee: $149

Earn HSBC Rewards
hybrid rewards (variable or fixed value)

Uses: for specific flights
or for any travel expense
How to unlock bonus
spend $0 in QC (non-QC offer)

(*minimum value: $452 as fixed-value rewards
*maximum value: unlimited)
Card eligibility
min. income: $80k (or $150k household)

Welcome Bonus eligibility
must not have had this specific card in the past 12 mos.
Terms and conditions apply. Flytrippers editorial opinion only. HSBC is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.
Flytrippers Opinion: A great offer on a rare card with no FX fee; also with no minimum spend!
Flytrippers Valuation
of Welcome Bonus (net value)
≈ $ 562

Rewards: ≈ $711*

Card Fee: $149

How to unlock bonus
spend $0 in QC (non-QC offer)

(*minimum value: $452 as fixed-value rewards
*maximum value: unlimited)
hybrid rewards (variable or fixed value)
Uses: for specific flights
or for any travel expense
ends February 28th

via HSBC secure application link
Card eligibility
min. income: $80k (or $150k household)

Welcome Bonus eligibility
must not have had this specific card in the past 12 mos.
Terms and conditions apply. Flytrippers editorial opinion only. HSBC is not responsible for maintaining the content on this site. Please click "Apply Now" to see most up-to-date information.

Summary of Flytrippers' review

WHY GET THIS CARD

  • Excellent welcome bonus of ≈ $562
  • No minimum spend
  • Points that are very flexible
  • No foreign currency transaction fees (FX fees)
  • Excellent earn rates
  • Good insurance coverage

It’s really an excellent card.

WHO SHOULD GET THIS CARD

  • All those who are eligible
If you meet the required income, this is a card to get without any doubt (if not, many good cards don’t require a minimum income).

Card details

Rewards from welcome bonus

You will have 110,000 HSBC points after unlocking the Welcome Bonus AND $100 travel credits in both year 1 and year 2 ($200).

That gives you either:

  • ≈ $660 in rewards at the Flytrippers Valuation + $200
  • $550 in rewards at the simpler minimum fixed value + $200

Concrete examples of redemptions

Here are some of the actual redemptions you can get with these rewards (in addition to the separate $200 in credits):

5 one-way short-distance reward flights such as Montreal-New York, Toronto-New York, Vancouver-Portland, or Montreal-Washington

4 one-way medium-distance reward flights such as Montreal-Miami, Toronto-Miami, or Vancouver-Phoenix

5 one-way short-distance reward flights such as from Miami to the Caribbean or Central America

1.5 one-way business class reward flights such as Toronto-Dublin, Boston-Madrid, or New York-Madrid

11 one-way short-distance reward flights in Europe

7 one-way short-distance reward flights in Asia, Australia, or Morocco

$550 as a simple travel credit that can be applied to any travel expense

Learn more about the best uses of HSBC points

Welcome bonus structure

20,000 points Bonus after making a purchase (no minimum)
70,000 points Bonnus after 180 days
20,000 points Bonus after renewing the card

The renewal bonus and annual fee for the 2nd year are included in our Flytrippers Valuation exceptionally, since the 2nd year is profitable: it’s really ≈ $562 in net value

‣Apply for the HSBC World Elite® Mastercard®

Flytrippers Valuation of the welcome bonus

≈ $120 Welcome Bonus after 1 purchase (20,000 pts at ≈ 0.6¢/pt)
≈ $420 Welcome Bonus after 180 days (70,000 pts at ≈ 0.6¢/pt)
$100 Annual travel credit (1st year)
–$149 Card fee for 1st year (Deducted from Flytrippers Valuation)
≈ $120 Renewal bonus (20,000 pts at ≈ 0.6¢/pt)
$100 Annual travel credit (2nd year)
–$149 Card fee for 2nd year (Deducted from Flytrippers Valuation)

≈ $562 in net value with the welcome bonus alone

(this is an incredible return rate given the lack of minimum spending requirement)

Learn more our Flytrippers Valuation of welcome bonuses

Minimum fixed value of the welcome bonus

$100 Welcome Bonus after 1 purchase (20,000 pts at 0.5¢/pt)
$350 Welcome Bonus after 180 days (70,000 pts at 0.5¢/pt)
$100 Annual travel credit (1st year)
–$149 Card fee for 1st year (Deducted from Flytrippers Valuation)
$100 Renewal bonus (20,000 pts at 0.5¢/pt)
$100 Annual travel credit (2nd year)
–$149 Card fee for 2nd year (Deducted from Flytrippers Valuation)

≈ $452 in net value with the welcome bonus alone

(this is an incredible return rate given the lack of minimum spending requirement)

‣Learn more about the minimum fixed value of HSBC points (coming soon)

Earn rate (at Flytrippers Valuation)

6 points per $ ( 3.6%) on travel
3 points per $ (≈ 1.8%) everywhere else

‣Learn more about credit card earn rates (coming soon)

Earn rate (at minimum fixed value)

6 points per $ (3.0%) on travel
3 points per $ (1.5%) everywhere else

Earning with additional cards

Fee for additional cards: $50
Quantity allowed: 4
Minimum age: N/A

‣Learn more about additional cards (coming soon)

No foreign transaction fees
One of the few cards in Canada that does not charge a 2.5% fee for all foreign currency transactions.

‣Learn more on foreign currency transaction fees (coming soon)

$100 Annual Travel Credit
A travel credit applicable to any travel expense.

Learn more about the HSBC annual travel credit

Free global access to Boingo Wi-Fi
Access over 1 million Wi-Fi hotspots worldwide through the Boingo program.

‣Learn about the Boingo Wi-Fi program (coming soon)

10% discount on hotels
Via Expedia for HSBC and Agoda for HSBC. But always compare on other sites to see if the price is really lower.

‣Learn more about discounts from booking sites (coming soon)

Membership in the Mastercard Airport Experiences program through LoungeKey
Warning: Many cards offer membership AND free passes; this one just gives membership and no free passes.

‣Learn more about airport lounge access (coming soon)

Insurances included

Medical travel insurance (31 days)
Trip Cancellation Insurance
Trip Interruption Insurance
Baggage Delay Insurance
Rental car insurance
Lost or stolen luggage insurance
Hotel burglary insurance
Purchase insurance
Extended Warranty

‣Learn more about HSBC World Elite® Mastercard® insurance coverage (coming soon)

Insurance not included

Flight delay insurance
Travel accident insurance
Mobile device insurance

‣Learn more about the different types of insurance coverage (coming soon)

Redemptions
HSBC Rewards points can be used for specific flights to maximize their value (via transfers to partner programs). But they can also be used as a simple travel credit (which can be applied to any travel expense).

Learn more about the HSBC Rewards program

Value
HSBC points are hybrid rewards: they can be used as fixed-value rewards (fixed value of 0.5¢) or variable-value rewards (value depending on how you use them; our Flytrippers Valuation is ≈ 0.6¢, which is ≈ 20% more).

Learn more about the value of HSBC points (coming soon)

Expiry
HSBC points never expire as long as you have the card. And even if you no longer have the card, it’s possible to extend the expiration indefinitely easily.

Learn more about HSBC points expiration

Pooling
If you have travel companions, it’s possible to combine HSBC points via transfer partners.

Learn more about pooling HSBC points

Transfers
HSBC points can be transferred to multiple partner programs and this often provides the best value.

Learn more about HSBC point transfers

Other redemption options
HSBC points can be used for rewards other than travel but this should be avoided.

Learn more about why you should always use your rewards for travel (coming soon)

Rewards program logistics
You can use your points directly on the HSBC website or app.

Learn more about how to get started with HSBC Rewards (coming soon)

Rewards program summary
Rewards: HSBC Points
Type: Hybrid rewards
Subtype (fixed value): “Eraser” rewards
Subtype (variable value): “Standard” Rewards
Variety: Bank rewards 
Flytrippers Valuation: ≈ 0.6¢ per point
Minimum value: 0.5¢ per point
Maximum value: Unlimited
Transferable: Yes (3 partners)

Learn more about rewards programs basics (coming soon)

Card eligibility
Minimum personal/household income: $80,000/$150,000
Age: Majority in your province
Estimated credit score: Good or Excellent
Credit bureau: Equifax

Learn more about credit card eligibility requirements (coming soon)

Welcome bonus eligibility
Within the 12 months prior to application, you must not have had the HSBC World Elite® Mastercard® , HSBC Premier World Elite Mastercard, or HSBC Jade World Elite Mastercard.

Learn more about credit card welcome bonus eligibility rules (coming soon)

Offer end date
Offer ends on February 28, 2023

Subscribe to Flytrippers’ free travel rewards newsletter to get all card updates

Card details
Issuer: HSBC
Network: Mastercard
Card Type: Credit card
Product Type: Personal card

‣Learn more about credit card types (coming soon)

Fees and rates
Card fee: $149
Fee for additional card: $50
FX fee: 0%
Purchases annual interest rate: 19.9%
Funds advances annual interest rate: 22.9%
Balance transfer fee: 22.9%

Learn more about why Flytrippers recommends ignoring fees and rates (coming soon)

Primary Cardholder Annual Fee: $149

Annual Interest on Purchases: 19.9%

Annual Interest on Cash Advances and Balance Transfers: 22.9%

Authorized User Annual Fee: $50 Per Card

*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.

With the HSBC World Elite Mastercard you earn 3% in travel rewards on all eligible travel purchases (6 Points per $1) and earn 1.5% in travel rewards on all other eligible purchases (3 Points per $1).

Enjoy maximum flexibility and redeem your Points on your terms for:

  • Travel
  • Gift cards and valuable merchandise
  • Financial rewards
  • Rewards for miles

*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 license

Start earning rewards today

And make sure to download our free checklist for when you get a new card—it includes very important mistakes to avoid
(it will open in a separate tab, or you can click here)

via HSBC secure application

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

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