Start getting travel rewards with the HSBC World Elite Mastercard now
via HSBC secure application
in free travel after $5,000 in 180 days (6 months)
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 ≈ $430 based on our Flytrippers valuation and the minimum spend required to unlock it is a bit higher (but you have 6 months to reach 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 March 29th. *Conditions apply
Welcome bonus of 40,000 HSBC Points
≈ $240 (estimated value 0.6¢/pt)
Earning of 15,000 points on the $5,000 minimum spend
≈ $90 (at base earn rate of 3X)
Annual travel enhancement credit
≈ $100 (considered at full value)
= $0 (First Year Annual Fee Rebate)
Flytrippers Valuation Welcome Bonus
≈ $430 in free travel
(or $375 minimum as fixed-value travel credit)
+ all points earned with your regular purchases
After the ≈$430 Welcome Bonus…
Earn rate at Flytrippers valuation (≈ 0.6¢ per HSBC Rewards point):
Earn rate as fixed-value points (= 0.5¢ per HSBC Rewards point):
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:
For example, the welcome bonus is enough for a roundtrip Toronto-Miami one-way flights or almost enough for a Toronto-Dublin one-way flight AND a Toronto-Miami one-way 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
No flight delay insurance
No hotel burglary insurance
via HSBC secure application
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