Comparison : HSBC World Elite vs NBC World Elite Mastercard | Milesopedia
Comparaison HSBC RBC

Comparison: HSBC World Elite Mastercard vs. RBC Avion Visa Infinite Card

To the point Here is our detailed comparison of the HSBC World Elite Mastercard and RBC Avion Visa Infinite.

RBC and HSBC each offer a travel rewards credit card:

But which one is the most advantageous?

Welcome bonus

Both credit cards offer a welcome bonus.

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When you sign up for the RBC Avion Visa Infinite Card, you can now get :

  • Up to 55,000 Avion points when you spend $5,000 within six months of approval

This exclusive offer is valid until January 31, 2023.

HSBC World Elite

The HSBC World Elite® Mastercard® offers a different welcome bonus depending on your province of residence:

  • Quebec: up to 110,000 points with a purchase and annual fee of $149
  • Outside Quebec: up to 80,000 points and first-year annual fee waiver

In Quebec: annual fees must be paid in the first year. However, as compensation, HSBC offers the equivalent of this contribution in points (30,000 additional points) and does not impose any minimum expenditure to obtain the welcome bonus!

Outside Quebec: annual fees are generally waived in the first year. On the other hand, the offer will be less generous in points, and there will often be a minimum spending requirement in the first 3 to 6 months (usually $5,000).

Advantage: RBC Avion Visa Infinite Card

The 55,000 Avion points in the RBC Avion Visa Infinite Card offer have a value of up to $1,100. It requires an average monthly expenses of $833 for six months in order to obtain it. It’s an effort to make but it will be worth it, especially with the excellent value obtained.

While the 110,000 HSBC points in the HSBC World Elite Mastercard offer are worth $550. All you have to do is make a purchase and keep the card open for six months. This is the easiest way, but the least profitable.

The Benefits

Annual Travel Credit

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The RBC Avion Visa Infinite Card does not offer one.

HSBC World Elite

In each year of enrollment, the HSBC World Elite® Mastercard® credit cardholder has a total of $100 applicable toward travel expenses.

Advantage : HSBC World Elite® Mastercard®

The HSBC World Elite® Mastercard® card is the only one that offers an annual travel credit. In fact, for each year of membership, $100 can be deducted from the account through a travel expense. This could be an airline ticket, baggage fees or an airport lounge fee.

Exclusive benefits and savings

With some partners, credit cards offer more points or attractive discounts for everyday purchases.

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The RBC Avion Visa Infinite Card has exclusive benefits for Visa Infinite cardholders.

  • Luxury Hotel Collection and its VIP benefits
  • Culinary experiences in the best restaurants
  • Experiences in wine regions
  • Free concierge service

With this card, you are also entitled to :

  • 3 cents per liter savings and 20% more points at Petro-Canada
  • 50 Be Well points per dollar at Rexall
  • Free 12-month subscription to Doordash DashPass
  • Tons of points and rebate offers at various retailers with RBC offers
HSBC World Elite

Because it is a World Elite Mastercard, the cardholder has access to privileges and experiences that are out of the ordinary with Priceless:

  • Guided tours and special experiences
  • Discounts on activities and museums
  • Priority access to activities
  • Inspirational courses

This card also gives :

 

Advantage : The RBC Avion Visa Infinite Card

For both its travel benefits and offers and its everyday life, the RBC Avion Visa Infinite Card wins this round.

Access to airport VIP lounges

Having access to an airport lounge before a flight is convenient.

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The RBC Avion Visa Infinite Card does not offer membership or airport lounge access.

HSBC World Elite

This card provides a free membership to DragonPass, but does not provide free access to airport lounges.

You have the option of purchasing your DragonPass network lounge admission for $32 USD.

Advantage : HSBC World Elite® Mastercard®

Despite not offering free access to airport lounges, the HSBC World Elite® Mastercard®still has the merit of offering the membership.

One trick is to pay the $32 USD access fee to a lounge, then have it refunded via the $100 travel credit.

Use the card abroad

What about using these credit cards abroad (or for your Internet purchases in foreign currency)?

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With the RBC Avion Visa Infinite Card you pay a 2.5% conversion fee on each foreign currency transaction.

HSBC World Elite

With the HSBC World Elite® Mastercard® Card, there is no conversion fee for foreign currency transactions.

Advantage : HSBC World Elite® Mastercard®

A rare benefit offered by a handful of credit cards in Canada is the absence of foreign currency conversion fees.

This is the case with the HSBC World Elite® Mastercard® Unlike the card offered by RBC.

Earning reward points

Both credit cards offer purchase categories that allow you to earn more rewards points.

Purchase categories for travel

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The RBC Avion Visa Infinite Card, has a 1.25 Airline point per dollar fee for travel purchases. :

Travel” expenses include those incurred with:

  • of an airline
  • of a hotel
  • a tour operator, cruise line or travel agency
  • and a car rental company.

This has a value of 1.25%.

HSBC World Elite

With the HSBC World Elite® Mastercard® Card, you can earn 6 points per dollar on travel purchases:

This is a 3% value.

Advantage : HSBC World Elite® Mastercard®

The point accumulation value for travel expenses is better with the HSBC World Elite Mastercard at 3%.

Note that as of February 1, 2023, there will be a change to this card. This accrual rate will remain unchanged, but there will be a maximum purchase limit of $50,000 in purchases per calendar year.

For travel purchases of $50,001 or more, the accrual rate will be 3 points per dollar.

Basic earning level

Outside of these accelerated accumulation purchase categories, the RBC Avion Visa Infinite Card and the HSBC World Elite® Mastercard® offer a basic accumulation rate.

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With the RBC Avion Visa Infinite Card you can earn 1 point per dollar on all other purchases.

This is a 1% value.

HSBC World Elite

With the HSBC World Elite® Mastercard® Card, you can earn 3 points per dollar on all other purchases.

This is a 1.5% value.

Advantage : HSBC World Elite® Mastercard®

The HSBC World Elite® Mastercard® Card provides more value on all other purchases compared to the RBC Avion Visa Infinite Card.

Redeeming points

Both cards are reward point cards, mainly for travel.

However, the loyalty programs are completely different:

This means that the ways you can redeem your points are different.

Points redeemed for trips purchased with the card

You can use the points from both credit cards for travel.

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With the RBC Avion Visa Infinite Cardyou can apply your points to travel purchases.

The redemption rate is:

  • 100 points = $1 for purchases of your choice that you make yourself, directly at the hotel or for airline tickets, cruises, car rentals, etc.

Or, via theAvion Rewards website, which acts as a travel agency, choose the airline, the one-way or round-trip flight and the date of your choice. There are no blackout periods or reservations imposed, even in high season.

15,000 points: Flight within or to an adjacent province or state. Maximum ticket price: $350 35,000 points: Fly anywhere in Canada or the United States (except Hawaii and Alaska). Maximum ticket price: $750 45,000 points: Western Canada or the United States to Mexico, Hawaii or Alaska. Eastern Canada to Bermuda, Central America or the Caribbean. Maximum ticket price: $900
55,000 points: Eastern Canada or the United States to Mexico, Hawaii or Alaska. Western Canada to Bermuda, Central America or the Caribbean. Maximum ticket price: $1,100 65,000 points: Flight from Canada or the United States to Europe. Maximum ticket price: $1,300 100,000 points : Fly from Canada or the United States to … anywhere in the world! Maximum ticket price: $2,000

So this equates to about 2 cents per point ($350 divided by 15,000 points) on average.

HSBC World Elite

With the HSBC World Elite® Mastercard® Card, you can apply your points to travel purchases charged to the card.

You must apply at least 25,000 points (or a minimum of $125), thereafter it will be in increments of 10,000 points (or $50). For example, it will be :

  • 25,000 points = $125 account credit
  • 35,000 points = $175 account credit
  • 45,000 points = $225 account credit
  • 105,000 points = $525 account credit
  • 125,000 points = $625 account credit
  • … and so on

So, this is equivalent to 0.5 cents per point. ($125 divided by 25,000 points)

Advantage: RBC Avion Visa Infinite Card

For the best redemption rate, the RBC Avion Visa Infinite Card has a higher value when using its Avion Rewards portal.

Points for other rewards

The HSBC World Elite Mastercard and the RBC Avion Visa Infinite Card both allow points to be used for other rewards: everyday purchases, gift cards, products, investments.

But we do not recommend these uses because of the low value.

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With the RBC Avion Visa Infinite Cardyou can contribute to an RRSP, TFSA, line of credit or mortgage: 12,000 points = $100.

You can also :

  • Get a gift card from the extensive catalog: 12,000 to 14,000 points for a $100 gift card
  • make a donation
  • buy items

Finally, you can apply your points to everyday purchases: 4,300 points = $25

HSBC World Elite

With the HSBC World Elite® Mastercard®, you can pay off your mortgage: 25,000 points = $100

You can contribute to an RRSP or TFSA: 25,000 points = $75.

You can apply your points to everyday purchases: 25,000 points = $75.

Finally, you can use 33,400 points for a $100 gift card.

IT'S A DRAW

It’s hard to tell the difference between the two cards on this aspect: the usage rate is bad on both sides. Better to use the points for travel!

However, depending on your situation, it can be practical for your needs. It is up to you to analyze whether you use these financial institutions in your daily operations.

Transfers to partners

Being able to transfer your points to another program is a strength.

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Avion points can be transferred to RBC Avion Visa Infinite Card points can be transferred to :

  • WestJet Rewards
  • American Airlines
  • British Airways
  • Asia Miles
  • Hudson’s Bay Reward Points
HSBC World Elite

With the HSBC World Elite® Mastercard®, you can transfer your travel points into airline miles.

HSBC Rewards partners with 3 airline loyalty programs:

  • Asia Miles – Cathay Pacific
  • Krisflyer – Singapore Airlines
  • Executive Club – British Airways
Advantage: RBC Avion Visa Infinite Card

The RBC Avion Visa Infinite Card has more transfer partners.

It should be noted that a few times during the year, these two cards have transfer bonuses. This is very interesting to increase the value of the points of each.

Annual fee

Both credit cards have roughly similar annual fees.

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The RBC Avion Visa Infinite Card has an annual fee of $120. It is very rare to have an annual fee refund promotion for this card.

HSBC World Elite

The HSBC World Elite® Mastercard® has an annual fee of $149.

However, this card offers an annual $100 Annual Travel credit, which means it only costs $49 a year!

And if you have an HSBC Premier account, you get an additional $50 rebate.

Advantage: HSBC World Elite Mastercard

Using the $100 annual travel credit, the HSBC World Elite Mastercard has a net annual fee of $49.

Insurance

Both credit cards offer extensive insurance.

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The RBC Avion Visa Infinite Card has extensive insurance coverage. View the complete insurance booklet here:

Travel Medical Insurance Yes, unlimited up to 15 days
Trip Cancellation Insurance $ 1,500 per person
Baggage Delay or Loss insurance $ 500 per person
Trip Interruption Insurance $ 5,000 per person
Car rental insurance 48 days and $65,000
Purchase Insurance 90 days
Extended Warranty Insurance 1 year
Mobile Device Insurance $ 1,500, for 1 year
Hotel/motel burglary insurance $2,500
Travel accident insurance $500,000
Flight delay insurance $250 per day
HSBC World Elite

The HSBC World Elite Mastercard offers various insurance policies. View the insurance summary here:

Travel Medical Insurance $ 1,000,000 and 31 days (under 65)
Trip Cancellation Insurance $ 2,000 per person
Baggage Delay or Loss insurance
Trip Interruption Insurance $ 2,000 per person
Car rental insurance $ 65,000, up to 31 days
Purchase Insurance 90 days
Extended Warranty Insurance 1 year
Mobile Device Insurance
Hotel/motel burglary insurance
Travel accident insurance $ 750 000
Flight delay insurance
Advantage: RBC Avion Visa Infinite Card

With its more generous insurance coverage, the RBC Avion Visa Infinite Card is clearly the best!

Minimum income

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The RBC Avion Visa Infinite Card requires :

  • a minimum individual income of $60,000
  • or $100,000 minimum family income
  • or total assets of $250,000 or more
HSBC World Elite

To get an HSBC World Elite® Mastercard®, you must have one of the following criteria:

  • a minimum individual income of $80,000
  • or $150,000 minimum family income
  • or assets under management of $400,000 or more
Advantage: RBC Avion Visa Infinite Card

The RBC Avion Visa Infinite Card is easier to obtain than its competitor.

In conclusion

So? Which Card is the winner?

The RBC Avion Visa Infinite Card has an excellent value, especially with its welcome offer. In addition, it is better for :

  • Insurance for your travel and mobile devices
  • Savings opportunities with exclusive offers and discounts
  • Using your points for travel
  • Its lowest minimum income requirement

But the HSBC World Elite® Mastercard® card also has some notable good points:

  • Higher earning rate for travel purchases
  • Higher earning rate for other purchases (non-category)
  • Unbeatable no conversion fees for foreign currency transactions
  • $ 100 Annual Travel Credit
  • Lower net annual fee
  • The ability to use it at Costco
HSBC NYC–

It’s up to you to choose between these two excellent credit cards according to your needs!

Come to discuss that topic in our Facebook Group!

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