If you’re looking for a great travel credit card that provides unbeatable rewards on purchases and great deals and discounts, you can’t go wrong with the HSBC Premier World Elite Mastercard Credit Card. This amazing credit card is offered to those with a high-net-worth relationship with the bank.
The card offers 3 points per dollar for travel purchases and two points per dollar for dining. The card comes in a sleek black colour and design and offers various benefits that make it a premium credit card for frequent travellers. Let’s decode the HSBC Premier World Elite Mastercard Credit Card.
Pros of the Card
The card offers an unbelievable welcome bonus for new cardholders. You can earn up to 50,000 bonus points when signing up for the card. However, you need to spend $4,000 or more within a three-month time span. This equates to almost $750, which can be redeemed for various travel related expenditure. Even though you are required to spend $4,000, the bonus you get is unbelievable.
Another major pro of getting this card is a $100 credit you receive which can be utilized against any travel related expenses. Another $100 is gifted for ride hailing services. The card also provides insurance coverage of up to $1 million.
Cons of the Card
One of the major cons of the card is that you need to be a premium accountholder with the bank to get your hands on the card. The other requirements are also quite complex and extensive. You’ll be required to maintain a balance of at least $75,000 in your account. You can also fulfill the requirement by depositing at least $5,000 every month or get a home loan with the bank.
Points Redemption
You can redeem your hard-earned HSBC points in various ways. You can receive a travel statement credit, book your travel through the HSCB rewards portal or get a credit card cashback directly deposited to your HSBC bank account. You can also offset your credit card balance through your points. Your points can also purchase merchandise from hundreds of partner brands.
Buy a gift card for your loved one or donate to more than 1,000 charitable organizations. You can also get your annual fee reimbursed through your points.
How To Get the Card?
Planning to get your hands on this exclusive credit card? Head to the Great Canadian Rebates, where you’ll find comprehensive information on the top cashback credit cards in Canada. Our platform lets you compare various credit cards in Canada and helps you select the one that fits the bill! Contact us for more information.