Rated 4/5 stars by our editorial team
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3.9/5.0 from 580 Offer Ratings
Over the Past 60 Days!
Foreign Transaction Fee None
Balance Transfer Fee Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check.
Cash Advance Fee Either $10 or 4%, whichever is greater, will apply on each cash advance transaction.
Penalty APR 31.49%
Rewards Rate 1.5 Cash Rewards program points for every dollar in new, net card purchases.
Annual Fee $0
$0 Fraud Liability Yes
Auto Rental Insurance Yes
Extended Warranty Program Yes
Roadside Assistance No
Purchase Protection Yes
Travel Assistance No
Flight Accident Insurance No
Lost Luggage Reimbursement No
Concierge Service No
The HSBC Cash Rewards Mastercard® credit card is an excellent cash back credit card with a number of rewarding benefits and perks. For starters, there is a $150 Cash Back Intro Bonus for new HSBC Cash Rewards Mastercard® credit card customers who spend $500 or more in new, net card purchases during the first 3 months from credit card account opening. On top of that, you'll earn 1.5 cash rewards program points for every dollar in new, net card purchases. As if these great perks weren't enough, you also earn a 10% Anniversary Bonus on all Cash Rewards earned once a year. That can all help you rake in some serious cash back!
There is no annual fee with this card and no foreign transaction fees. You can use this card while traveling out of the country and not worry about getting hit with a pesky transaction fee for every purchase. In addition to the generous cash rewards, this card comes with a solid intro APR of 0% for 15 months on balance transfers. If you're carrying a balance on another card, transfer it to the HSBC Cash Rewards Mastercard® credit card and enjoy well over a year to pay your balance down interest free. It's important to note that a balance transfer fee does apply, but the money you save on interest during the intro period can easily cover the cost of the fee. Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check. The APR for new purchases is 14.49%, 18.49% or 24.49% variable.
Overall the HSBC Cash Rewards Mastercard® credit card is a highly competitive cash rewards credit card that beats out many other cards with the duo of cash back bonuses. The card also comes with a nice intro APR and few fees making it a great fit for just about any consumer.
The HSBC Cash Rewards Mastercard® credit card can help you rack up big sums of cash back, especially in your first year. It's also a decent option for balance transfers.
In addition to the nice sign up bonus and rewards rate, you also receive a 10% Anniversary Bonus on all Cash Rewards earned once a year. To top it off, you pay no annual fee and no foreign transaction fees.
There's no intro APR for purchases with the HSBC Cash Rewards Mastercard® credit card. Also, the balance transfer fee is a bit higher than some of other cards available.
Editorial Note: This content is not provided by HSBC. Any opinions, analyses, reviews, or recommendations expressed on this page are those of the author’s alone, and may not have been reviewed, approved or otherwise endorsed by HSBC.
580 Total Ratings