Earn 30,000 Points1

Plus receive a first year annual fee waiver for the Primary Cardholder2.

 

Apply for an HSBC +Rewards™ Mastercard® by January 31, 2022.

HSBC +Rewards™ Mastercard®

Offer details

  • Earn 30,000 Points1 ($150 travel value) when you spend $2,000 within 6 months of account opening.

  • Receive a first year annual fee waiver for the Primary Cardholder2 ($25 dollar value)

Quebec residents

  • Earn 35,000 Points1 ($175 travel value) if you keep your account open and active for 6 months.

Rates & Fees

  • Primary Cardholder Annual Fee: $25

  • Annual Interest on Purchases: 11.9%

  • Annual Interest on Cash Advances and Balance Transfers: 11.9%

  • Authorized User Annual Fee: $10 Per Card

    Rates and Fees

One of Canada’s lowest interest rate credit cards!

Our lowest interest rate for purchases, cash advances and balance transfers.
2X Points³ on eligible dining and entertainment purchases⁴ and 1 Point for every $1 on all other eligible purchases⁵ charged to your card.
Shop confidently knowing that eligible purchases made with your card are covered with Purchase Assurance⁶, Extended Warranty Insurance⁶ and Price Protection⁶.
Winner of the 2021 creditcardGenius.ca best low interest credit card, Winner of the 2021 HowToSaveMoney.ca best low interest credit card

Winner of the 2021 creditcardGenius.ca best low interest credit card.

Winner of the 2021 HowToSaveMoney.ca best low interest credit card.

Multiple ways to get you started

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

Applicable to all HSBC +Rewards Mastercard offers. These offers are available to successful applicants who have not, in the 12 months prior to submitting the application, held an HSBC +Rewards Mastercard credit card account.  Only one new account per customer is eligible for these offers. All bonuses referred to in this document may be changed, withdrawn or extended at any time and cannot be combined with any other offer, except the offers described here and offers that state that they can be combined with an HSBC credit card welcome bonus offer. The HSBC +Rewards Mastercard Rewards Program Terms and Conditions apply. Account opening is subject to our standard credit review and approval and additional conditions listed for the specific offers below.

 

1 If you are not a resident of Quebec, you can receive 30,000 Points if you make eligible Net Purchases in the amount of $2,000 or more 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). If you are a resident of Quebec, you can receive 35,000 Points if you keep your new account open for 180 days from opening. This offer applies to approved HSBC +Rewards Mastercard accounts for which an application is received between October 4, 2021 and January 31, 2022 and is not available for other types of HSBC credit cards. The Points under this offer are in addition to the Points earned on the eligible purchases at the earn rate listed in the HSBC Plus Rewards Program Terms and Conditions. The additional Points will be awarded on the day which is 180 days after the account opening, will be credited in accordance with the Terms and Conditions of the HSBC Plus Rewards Program and 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 Points are credited.

 

2 This offer is only available to residents of Canada other than the province of Quebec. This offer applies to approved new HSBC +Rewards Mastercard accounts for which an application is received between October 4, 2021 and January 31, 2022. We will issue a one-time rebate equal to the annual fee charged to your HSBC +Rewards Mastercard account for the Primary Cardholder in the first year. No credit will be issued for any supplementary card fees on your account. This rebate will appear as a credit against the annual fee within two statement periods of account opening. Your HSBC +Rewards Mastercard account must be open and in good standing at the time the rebate is applied. For clarity, the rebate will only apply for the first year in which you have the HSBC +Rewards Mastercard.

 

3 Earn 2 Points on every $1 of eligible dining and entertainment purchases. Refer to the HSBC Plus Rewards Program Terms and Conditions for complete details. Points earned on eligible dining and entertainment can be redeemed for rewards valued at up to 1% of the amount spent to earn them, and Points earned on all other eligible purchases can be redeemed for rewards valued at up to 0.5% of the amount spent to earn them. For example, $5,000 in eligible dining and entertainment purchases earns you 10,000 Points, which can be redeemed for travel rewards valued at $50. Other rewards that require 10,000 Points for redemption may be valued at less than $50. Redemption offers may change from time to time.

 

4 Eligible dining and entertainment purchases mean eligible purchases made from merchants that are classified in the Mastercard network as restaurants, bars, nightclubs, fast food restaurants, movie theatres, theatre producers, ticket agencies, bands, orchestras, professional sports clubs, sports promoters, tourist attractions, aquariums, zoos, amusement parks, video game arcades, billiards, bowling alleys, video entertainment rental stores or recreational services. Some merchants may sell dining and entertainment services but are classified in another manner; purchases from such merchants are not treated as “Dining and Entertainment Purchases.” The eligible merchant categories for “Dining and Entertainment Purchases” may change without notice.

 

5 Eligible purchases means 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. See the HSBC +Rewards Mastercard Cardholder Manual for further details.

 

6 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. Price Protection Service is a service only and not an insurance benefit. Details of coverage, including definitions, benefits, limitations and exclusions, are in the Certificate of Insurance and Statement of Service provided with your Cardholder Manual or subsequent to enrollment in the optional Travel and Medical insurance.

 

®/TM Mastercard and Cirrus are registered trademarks of Mastercard International Incorporated. Used pursuant to license.

 

TM HSBC +Rewards is a trademark of HSBC Group Management Services Limited. Used pursuant to license

 

For creditcardGenius award information, visit: https://creditcardgenius.ca/blog/best-credit-cards.

 

For HowToSaveMoney award information, visit:  https://www.howtosavemoney.ca/best-credit-cards.