HSBC Cash Rewards Mastercard is a credit card offered by HSBC, one of the world’s largest and most reputable banking and financial services organizations. This particular credit card is designed to provide users with a range of benefits, focusing on cashback rewards for everyday spending.
The HSBC Cash Rewards Mastercard not only focuses on providing tangible rewards but also offers supplementary benefits such as extended warranty protection, identity theft resolution services, and contactless payment technology for added convenience.
With a commitment to customer satisfaction and a global reputation for financial excellence, HSBC positions the Cash Rewards Mastercard as a compelling choice for those seeking a well-rounded credit card experience. Whether for everyday purchases or more significant expenses, this card endeavors to reward users while also offering financial flexibility.
HSBC Cash Rewards Mastercard®
Welcome Bonus
N/A
N/A
Annual Fee
$0
Annual Rewards
Earn 1.5% cash back for every $1 spent on eligible online purchases
1% cash back for every $1 spent on eligible gas, grocery and drugstore purchases, 0.5% cash back for every $1 on all other eligible everyday purchases
Rewards on Approval
N/A
Interest rates
Purchase Rates
20.99%
Cash Advance Rates
25.24%
Balance Transfer Rates
20.99%
Table of Contents
HSBC Cash Rewards Mastercard®
The HSBC Cash Rewards Mastercard is a versatile credit card that caters to individuals seeking cashback rewards on their everyday purchases. With a straightforward rewards program and additional perks, this card aims to enhance the overall financial experience for its users.
Pros
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Generous Cashback Rewards: The card offers a competitive cashback program, allowing users to earn rewards on their daily expenditures, from groceries to utility bills.
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No Annual Fee: One of the standout features is its lack of an annual fee, making it an attractive option for those who want to maximize their rewards without incurring additional costs.
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Introductory APR: HSBC often provides an introductory 0% APR on purchases and balance transfers, offering users a period of interest-free financing.
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Worldwide Acceptance: Being a Mastercard, it enjoys global acceptance, making it a convenient choice for both domestic and international transactions.
Cons
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Foreign Transaction Fees: While widely accepted globally, the card comes with foreign transaction fees, which may not make it the most cost-effective option for frequent international travelers.
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Tiered Rewards System: The cashback rewards are tiered, meaning users earn higher percentages on specific categories. This could be a drawback for those who prefer a flat-rate rewards system.
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Qualification Requirements: To access the most attractive features, including the introductory APR, applicants need to meet certain creditworthiness criteria, potentially excluding some individuals.
Details & Eligibility
- N/A
- N/A
- N/A
- $0
- N/A
- Mastercard
- No
- 20.99%
- 25.24%
- 20.99%
- N/A
- N/A
- N/A
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