HSBC +Rewards Mastercard | 40,000 bonus points | Milesopedia
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HSBC +Rewards™ Mastercard®

HSBC +Rewards™ Mastercard®
Welcome Bonus
Up to 40,000 Westjet dollars
Ends Aug 31, 2023
Annual Fee
$25
  • Low-interest
  • 2X points on dining and entertainment
  • Accepted at Costco
Interest rates
Purchase Rates
11.9 %
Cash Advance Rates
11.9 %
Balance Transfer Rates
11.9 %
Best credit card Low interest- Reversed

Offer

  • Get up to $200 in total value* for the first year! Must apply by August 31, 2023. Conditions apply.
  • Earn 2 Points for every $1 spent on eligible dining or entertainment purchases
  • Earn 1 Point for every $1 spent on all other eligible purchases
  • HSBC’s lowest interest rate for purchases, cash advances and balance transfers:
    • Annual Interest on Purchases: 11.9%
    • Annual Interest on Cash Advances and Balance Transfers: 11.9%
  • Price Protection Service – find a lower price within 60 days of your purchase, the difference will be refunded, up to $500 per eligible item
  • Primary Cardholder Annual Fee: $25
  • Authorized User Annual Fee: $10 Per Card

This offer is only available to residents of Quebec. For residents of other provinces/territories, please click here.

Card Awards

Best credit card – low interest
Best low interest credit card

Fees & Conditions

Personal Income $0
Household Income $0
Annual Fee $25
First Additional Card $10
Foreign Transaction Fee 2.5%
Purchase Rate (QC) 11.9%
Cash Advance Rate (QC) 11.9%
Balance Transfer Rates (QC) 11.9%

Value

Calculate the rewards
Your Monthly Spending
Year 1
Year 2+
Welcome Bonus
0 $
Annual Credit
Travel benefits
VIP Lounges
First year offer value
Rewards Earned
Annual fee
Net value

Advantages

Offer ends on Aug 31, 2023
Welcome Bonus amount Up to 40,000 Westjet dollars
Minimum Spending Required $0
Costco

Earnings

Per dollar of purchases

All Spending 1 Westjet dollar
Groceries 1 Westjet dollar
Gas 1 Westjet dollar
Dining and Food delivery 2 Westjet dollars
Convenience Stores 1 Westjet dollar
Drugstores 1 Westjet dollar
Local Transport 1 Westjet dollar
Travel 1 Westjet dollar
Entertainment 2 Westjet dollars
Recurring Payments 1 Westjet dollar
Telecom/Internet 1 Westjet dollar
Streaming services 1 Westjet dollar
Online transactions 1 Westjet dollar
Office Supplies 1 Westjet dollar

Insurance

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance

Other Insurance

Insurance Name
Included
Amount
Duration
Extended Warranty
1 year
Purchase Protection
90 day(s)
Mobile Device Insurance
Price Protection

Our review

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 a first-year annual fee waiver* if you live outside Quebec

No minimum income is required to get this credit card.

Alternative Cards

  • No annual fee
  • 1.5% cash back on online purchases
  • Accepted at Costco
Learn More
Best credit card for online purchases in 2023
  • Special offer: Earn $125 cash back if you keep your account open and active for 180 days. Must apply by August 31, 2023. Conditions apply.
  • 1.5% cash back on up to $6,000 of your online purchases. And yes, this includes streaming services, online subscriptions and food delivery. Score!
  • 1% cash back on your gas, grocery and drugstore purchases.
  • 0.5% cash back on (almost) everything else you buy with your card.
  • Redeem sooner – You only need to reach $25 in cash back to redeem.
  • Redeem when you want – Redeem for cash back as a statement credit online. See how easy it is at rewards.hsbc.ca
  • Redeem to pay down or save up – Use your cash back for a credit towards your residential mortgage account, or credit card, or to top up your savings account.
Legal

*Terms and Conditions apply

®/TM Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated. Used pursuant to license.

Annual Fee
  • Primary card $0
  • Additional card $0
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 2.5 %
Interest Rates
  • Purchase Rates 20.99 %
  • Cash Advance Rates 21.99 %
  • Balance Transfer Rates 21.99 %
Earning Rate
  • Streaming services1.5%
  • Online transactions1.5%
  • Groceries1%
Value
  • Year 1 $287
  • Year 2+ $162
Best For
Transfer Partners
  • Cashback

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
  • No annual fee
  • 3X points on travel purchases
  • Accepted at Costco
Learn More

Special offer: Earn 25,000 points* ($125 travel value) if you keep your account open and active for 180 days. Must apply by August 31, 2023. Conditions apply.

Collect points and reward yourself anytime;

  • 3 points for every $1 spent on eligible travel purchases* (car rentals, vacations, hotel flights, etc.)
  • 2 points for every $1 spent on eligible gas and daily transportation purchases* (subway, train, taxi, etc.)
  • 1 point for every $1 on all other eligible everyday purchases*
  • Redeem your points your way – the choice is yours
Legal

*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.

Annual Fee
  • Primary card $0
  • Additional card $0
Annual Income Required
  • Individual $0
  • Household $0
Conversion fees
  • 2.5 %
Interest Rates
  • Purchase Rates 20.99 %
  • Cash Advance Rates 21.99 %
  • Balance Transfer Rates 21.99 %
Earning Rate
  • Travel3Westjet dollars
  • Air Canada3Westjet dollars
  • Gas2Westjet dollars
Value
  • Year 1 $280
  • Year 2+ $155
Best For
Transfer Partners
  • HSBC Plus Rewards Program

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
Travel medical insurance up to 64 years old
Travel medical insurance 65+
Trip Cancellation Insurance
Trip Interruption Insurance
$1,500
Common Carrier Travel Accident Insurance
Flight Delay Insurance
Delayed Baggage Insurance
$100
Lost/Stolen Baggage Insurance
Auto Rental Loss/Insurance
Hotel/Motel Burglary Insurance
$1,000
  • No Foreign Transaction Fee
  • $100 Annual Credit
  • Accepted at Costco
Learn More
Best No-FX fee credit card in 2023

Special offer: Earn up to 110,000 ($550 travel value)* PLUS receive a $100 annual travel enhancement credit*. Must apply by August 31, 2023. Conditions apply.

  • Welcome bonus of 20,000 points* ($100 travel value)
  • Earn 90,000 points* when you keep your account open and active for 180 days ($450 travel value)
  • Receive a $100 annual travel enhancement credit*

With the HSBC World Elite Mastercard you earn:

  • 6 points for $1 in Net Purchases which are Travel Purchases
  • 4 Points for $1 in Net Purchases that are Gas, Grocery and Drugstore Purchases
  • 2 Points for $1 in Net Purchases, other than Travel, Gas, Grocery and Drugstore Purchases.

Save on all your foreign currency purchases (even online) with no additional foreign currency conversion charges.

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

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

 

Legal

*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.

Annual Fee
  • Primary card $149
  • Additional card $0
Annual Income Required
  • Individual $80,000
  • Household $150,000
Conversion fees
  • 0.00 %
Interest Rates
  • Purchase Rates 19.9 %
  • Cash Advance Rates 21.99 %
  • Balance Transfer Rates 21.99 %
Earning Rate
  • Travel6Points
  • Air Canada6Points
  • Groceries4Points
Value
  • Year 1 $1,040
  • Year 2+ $380
Best For
Transfer Partners
  • Asia MilesBritish Airways Executive ClubKrisFlyerHSBC World Elite Rewards Program

Advantages

  • Annual Credit
  • VIP Lounges
  • Concierge
  • Wifi
  • Travel credit

Travel Insurance

Insurance Name
Included
Amount
Duration
Travel Medical Insurance
Travel medical insurance up to 54 years old
$2,000,000
31 day(s)
Travel medical insurance up to 64 years old
$2,000,000
31 day(s)
Travel medical insurance 65+
$2,000,000
21 day(s)
Trip Cancellation Insurance
$2,000
Trip Interruption Insurance
$2,000
Common Carrier Travel Accident Insurance
$750,000
Flight Delay Insurance
$500
Delayed Baggage Insurance
$200
Lost/Stolen Baggage Insurance
$1,000
Auto Rental Loss/Insurance
$65,000
31 day(s)
Hotel/Motel Burglary Insurance
$1,000
3.9 Milesopedia Rating