You will find below the best credit card offers from HSBC Bank Canada:
Here is a table summarizing the different offers. For more details, read on or click on the name of a card.
Travel rewards
HSBC World Elite® Mastercard®
The HSBC World Elite® Mastercard® is a great credit card with no foreign transaction fees, especially for travel purchases.
For a limited time, you can get:
- Up to 110,000 points ($550 value in travel rewards) if you live in Quebec and with no minimum purchase!
- Up to 80,000 points ($400 value in travel rewards) and waiver of the annual fee for the first year if you live outside Quebec
With the HSBC World Elite® Mastercard®, you can earn:
- 6 points per dollar for travel purchases (flights, hotels, Airbnb, all-inclusive, etc.)
- 3 points per dollar for all other purchases including Costco
This means a return of 1.5% to 3% depending on your purchases!
You can apply your points on any travel purchase charged to your HSBC World Elite® Mastercard® (flights, hotels, Airbnb, all-inclusive, etc.). But you can also transfer your points to three airline loyalty programs: British Airways Executive Club, Asia Miles and Singapore Airlines Krisflyer.
Finally, with the HSBC World Elite® Mastercard® you get:
- $100 annual travel credit (for airport lounges, for example)
- Unlimited access to Boingo WiFi hotspots around the world
- 10% discount for hotel bookings on Expedia or Agoda
- Premium insurance for your travels and purchases
Finally, the HSBC World Elite® Mastercard® does not charge any conversion fees for foreign exchange transactions: you save 2.5% for each transaction.
HSBC Travel Rewards Mastercard
With the HSBC Travel Rewards Mastercard®, you can earn 25,000 points as a welcome bonus with no minimum spending (for Quebec).
With this no annual fee credit card, you get:
- 3 points per dollar on travel purchases
- 2 points per dollar on gas and everyday transportation purchases
- 1 point per dollar on all other purchases
You can use your points to pay for travel or to get many other rewards.
In addition, you will get Trip Interruption Insurance, Baggage Delay Insurance, Hotel/Motel Burglary Insurance, Extended Warranty Insurance and Purchase Insurance.
Cash back
HSBC Cash Rewards Mastercard®
With the HSBC Cash Rewards Mastercard®, you can earn $125 cash back as a welcome bonus with no minimum spending (for Quebec).
With this no annual fee credit card, you get:
- 1.5% cash back per dollar on online purchases
- 1% cash back per dollar on gas, grocery and drugstore purchases
- 0.5% cash back per dollar on all other everyday purchases
Plus, you get Mobile Device Insurance, Purchase Insurance and Extended Warranty Insurance.
Low Interest
HSBC +Rewards™ Mastercard®
The HSBC +Rewards™ Mastercard® is a credit card offering rewards and a low-interest rate (11.9%). With the HSBC +Rewards™ Mastercard®, you can earn:
- 2 points per dollar on eligible dining or entertainment purchases
- 1 point per dollar for all other purchases
This credit card is one of the only ones in Canada to offer a Price Protection Service: find a lower price within 60 days of your purchase, the difference will be refunded, up to $500 per eligible item!
For a limited time, you can get:
- 40,000 points ($200 value in travel rewards) if you live in Quebec
- 35,000 points ($175 value in travel rewards) and First year annual fee rebate if you live outside Quebec
No minimum income is required to get this credit card.
Rewards earned
In 2022, HSBC credit cards won several awards:
Award | Card |
Best Mastercard Travel Card | HSBC World Elite® Mastercard® |
Best No Foreign Transaction Fee Credit Card | HSBC World Elite® Mastercard® |
Best Low-Interest Credit Card | HSBC +Rewards Mastercard |
Best Mastercard Travel Card

The HSBC World Elite® Mastercard® is the Best Mastercard Travel Credit Card in 2022 in Canada for these reasons:
- Earning rate on travel purchases (6 points per dollar or 3%)
- No Foreign Transaction Fee
- $100 Annual Travel Credit
- Flexible Rewards
- Accepted at almost every retailer worldwide
Best No Foreign Transaction Fee Credit Card

The HSBC World Elite® Mastercard® is the Best No Foreign Transaction Fee Credit Card in 2022 in Canada for these reasons:
- Earning rate on travel purchases (6 points per dollar or 3%)
- No Foreign Transaction Fee
- $100 Annual Travel Credit
- Flexible Rewards
- Accepted at almost every retailer worldwide
Best Low-Interest Credit Card

The HSBC +Rewards™ Mastercard® is the Best Low Interest Credit Card in 2022 in Canada for these reasons:
- Low annual interest rate on purchases, cash advances and balance transfers of 11.9%
- 1 to 2 points per dollar of purchases (= 0.5 to 1% in travel rewards)
- Accepted at almost every retailer worldwide
Frequently Asked Questions
Here are frequently asked questions in the milesopedia community about credit cards in Canada.
What is the best Mastercard credit card in Canada?
The best credit card offered by HSBC Canada is the HSBC World Elite® Mastercard®. This card has no foreign transaction fee, and you can earn up to 6 points per dollar.
What are the criteria to apply for an HSBC Canada credit card?
No minimum income is required to apply for the HSBC +Rewards™ Mastercard®.
However, an annual personal income of $80,000 or family income of $150,000 is required to apply for the HSBC partners with Equifax to check your credit report.Which credit bureau is verified by HSBC Canada?
What is the type of points offered by HSBC Rewards credit cards?
HSBC Rewards Credit Cards offer points that can be used for:
- travel
- transfer to airline miles
- gift cards and products
- financial rewards
How do I apply for an HSBC Canada credit card?
As with most Canadian credit cards, Milesopedia is a partner with HSBC Canada. Click on the apply now button on the HSBC Canada credit card you are interested in and start your application process!
Tip: please feel free to enter your Social Insurance Number (SIN) through the secure process. This can save you from having to go to a branch to prove your identity.
How do I contact HSBC Mastercard customer service?
You can contact HSBC Mastercard at 1-866-406-4722. If you are an HSBC Premier customer, call 1-866-405-4722.