HSBC Cash Rewards Mastercard

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HSBC Cash Rewards Mastercard

Special offer: Earn an additional 12.5% cash back¹ on all purchases for the first 180 days (up to $1,000 in total purchases). Must apply by February 28, 2023. Conditions apply.

For the first 180 days, earn up to 14% cash back^1,2 on eligible online purchases
For the first 180 days, earn up to 13.5% cash back^1,3 on eligible gas, grocery and drugstore
For the first 180 days, earn up to 13% cash back^1,4 on all other everyday purchases

Primary cardholder annual fee: $0
Annual interest on purchases: 20.99%
Annual interest on cash advances and balance transfers: 22.99% (if you reside in Quebec 21.99%)
Authorized user annual fee: $0 per card

Rates and Fees

How to apply

Earn $125 cash back¹. Must apply by February 28, 2023. Conditions apply.

Earn $125 cash back¹ if you keep your account open and active for 180 days. Must apply by February 28, 2023. Conditions apply.

About this card

Rewards and benefits

HSBC Cash Rewards Program

Earn 1.5% cash back for every $1 spent on eligible online purchases²; earn 1% cash back for every $1 spent on eligible gas, grocery and drugstore purchases³; earn 0.5% cash back for every $1 on all other everyday purchases⁴.

Additional benefits

Mobile Device Insurance⁵

Coverage of up to $1,000 in the event your eligible mobile device is lost, stolen, accidentally damaged, or experiences mechanical failure.

Using your card

Security and convenience

With Apple Pay⁶, Tap & go™ and Zero Liability protection⁷ for unauthorized use of the card.
Secure account transactions

Chip & PIN technology helps reduce the possibility of your HSBC Mastercard being used by someone else.

More benefits of HSBC Cash Rewards Mastercard

With the HSBC Cash Rewards Mastercard, earn;

1.5% cash back for every $1 spent on eligible online purchases²
1% cash back for every $1 spent on eligible gas, grocery and drugstore purchases³
0.5% cash back for every $1 on all other eligible everyday purchases⁴

Enjoy the flexibility of using your cash back rebate towards your financial goals. Use it to pay down your HSBC Bank Canada residential mortgage, add to your HSBC personal savings account, or reduce your HSBC Cash Rewards Mastercard account balance.

Visit rewards.hsbc.ca to learn how.

With the HSBC Cash Rewards Mastercard, earn;

1.5% cash back for every $1 spent on eligible online purchases²
1% cash back for every $1 spent on eligible gas, grocery and drugstore purchases³
0.5% cash back for every $1 on all other eligible everyday purchases⁴

Visit rewards.hsbc.ca to learn how.

Mobile Device Insurance⁵

Coverage of up to $1,000 if your eligible mobile device is lost, stolen, accidentally damaged, or experiences mechanical failure. To be covered, you must use your HSBC Cash Rewards Mastercard to (1) pay all your monthly mobile bill payments and any up front costs for funding your mobile device through a wireless plan; or, (2) pay the full cost of your mobile device up front and activate your device with a wireless service provider.

Extended Warranty Insurance⁵

Automatically doubles the original manufacturer’s warranty for up to one additional year when you use your HSBC Cash Rewards Mastercard to purchase eligible items.

Purchase Assurance⁵

90-day coverage in the event of loss, damage or theft for eligible items purchased using your HSBC Cash Rewards Mastercard.

Optional Travel and Medical Insurance⁵

For $69/year (including applicable taxes), get Emergency Travel Medical Insurance and coverage for trip cancellation, trip interruption and baggage delay or loss.

Learn more

How to apply

To qualify for the HSBC Cash Rewards Mastercard, you must:

Be a Canadian resident.
Be the age of majority in your province of residence.

With HSBC EasyID your identity is verified instantly making it faster, easier and more convenient. Before you start, have one of the following pieces of ID ready (make sure the ID hasn’t expired):

Passport
Driver’s licence, or
Provincial government Issued ID

Apply now

Book an appointment

If you have any questions about our credit card products, chat with us or call us at 1-888-310-4722

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¹ "Offer" refers to the “Additional Bonus”.

Eligibility: Offer only applies to approved HSBC Cash Rewards Mastercard accounts for applications received between November 1, 2022 and February 28, 2023. Only one new account per customer is eligible for the Offer.

The following applicants are not eligible for the Offer:

• Applicants who have held an HSBC Cash Rewards Mastercard account in the 12 months before submitting the application

• Applicants switching from an existing HSBC credit card

Offers may be changed, withdrawn or extended at any time without notice and cannot be combined with any other HSBC credit card offers, except the offers stating that they can be combined with other HSBC credit card offers. The HSBC Cash Rewards Program Terms and Conditions apply. Account opening is subject to our standard credit review and approval.

Additional Bonus: If you’re not a resident of Quebec, you can receive an additional 12.5% cash back on all eligible Net Purchases up to $1,000 within 180 days of opening your account. “Net Purchases” means the total amount of your eligible purchases minus the total amount of returns you make (or similar credits applied to your account). The standard earn rates of 1.5% cash back on eligible online purchases, 1% cash back on eligible gas, grocery and drugstore purchases, and 0.5% cash back on other eligible purchases apply in addition to the 12.5% cash back earned under this offer. If you are a resident of Quebec, you can receive $125 cash back if you keep your account open and in good standing for 180 days from your account opening. The additional cash back are in addition to the cash back earned on the eligible purchases at the earn rate listed in the HSBC Cash Rewards Program Terms and Conditions. The additional cash back will be awarded approximately 180 days after account opening and credited in accordance with the HSBC Cash Rewards Program Terms and Conditions. The additional cash back will appear in your HSBC Rewards Account within two statement periods of the day they are awarded. Your account must be open and in good standing on the day the additional cash back is credited.

² Earn 1.5% cash back on every $1 of eligible online purchases charged to your HSBC Cash Rewards Mastercard in a calendar year, up to a maximum of $6,000. After reaching $6,000 in eligible online purchases, these purchases will then earn: (1) 1% cash back on every $1, if it qualifies as eligible gas, grocery and drugstore purchases, or (2) 0.5% cash back on every $1, if it qualifies as other eligible purchases. Refer to the HSBC Cash Rewards Program Terms and Conditions for complete details.

Eligible online purchases mean purchases of goods and services made on your account that are classified in the Mastercard Network as online purchases and may change without notice.

³ Earn 1% cash back on every $1 of eligible gas, grocery and drugstore purchases. Refer to the HSBC Cash Rewards Program Terms and Conditions for complete details.

Eligible gas, grocery and drugstore purchases are eligible purchases made from merchants that are classified in the Mastercard network as grocery stores, service stations/automated gas dispensers or drugstores. Some merchants may sell gas, grocery or drugstore products/services or are separate merchants located on gas, grocery or drugstore premises but they are classified in the Mastercard network in another manner; purchases from such merchants are not treated as “Gas, Grocery and Drugstore Purchases”. The eligible merchant categories for “Gas, Grocery and Drugstore Purchases” may change without notice.

⁴ Earn 0.5% cash back on every $1 of eligible purchases other than online, gas, grocery and drugstore purchases. Refer to the HSBC Cash Rewards Program Terms and Conditions for complete details.

Eligible purchases mean purchases of goods and services that are charged to your account, except for quasi-cash transactions (which include purchases of wire transfers, travelers cheques, foreign currency, money orders, payments of existing debts, bets, lottery tickets and gaming chips), less any credits for returns, rebates or adjustments. Cash advances (including balance transfers and cheques), optional services and interest charges or fees do not qualify as eligible purchases.

⁵ Insurance coverage is underwritten by American Bankers Life Assurance Company of Florida (ABLAC) and/or American Bankers Insurance Company of Florida (ABIC). ABLAC, ABIC, their subsidiaries, and affiliates carry on business in Canada under the name of Assurant®. ®Assurant is a registered trademark of Assurant, Inc. Details of coverage, including definitions, benefits, limitations and exclusions, are in the Certificate of Insurance provided with your Cardholder Manual or subsequent to enrollment in the optional Travel and Medical insurance.

⁶ Apple, the Apple logo, and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.

⁷ Zero Liability applies to purchases made in store, by telephone, online or via a mobile device or ATM transaction. We will not hold you responsible for unauthorized use if: i) you have used reasonable care in safeguarding your card and any related information, including Personal Identification Number (PIN) or password, and have not contributed to any unauthorized use of your card, PIN, account number or cheques; and ii) you report to us any actual or suspected loss, theft or unauthorized use of your card, PIN, account number or cheques immediately after becoming aware of it.

^®/TM Mastercard is a registered trademark, and the circles design and tap & go are trademarks of Mastercard International Incorporated. Used pursuant to license.