HSBC World Elite Mastercard

Home
Credit cards
HSBC World Elite Mastercard

Special offer: Earn up to 80,000 points¹ ($400 travel value) PLUS a full annual fee rebate for the primary cardholder for the first year¹ ($149 value) and receive a $100 annual travel enhancement credit⁸. Must apply by May 31, 2023. Conditions apply.

Welcome Bonus – 20,000 points¹ ($100 travel value)
Earn 10,000 points¹ each month when you spend at least $1,000 each month for the first 6 months of account opening (up to $300 travel value)
First year annual fee rebate for the primary cardholder¹ ($149 value)
Receive a $100 annual travel enhancement credit⁸

Primary Cardholder Annual Fee: $149
Annual Interest on Purchases: 20.99% (19.9% for Quebec residents)
Annual Interest on Cash Advances and Balance Transfers: 22.99% (21.99% for Quebec residents)
Supplementary card annual fee: $0 per card

Rates and fees

Enjoy an annual fee rebate if you’re an HSBC Private, Premier, or Advance client*.

How to apply

Special offer: Earn up to 110,000 points¹ ($550 travel value) PLUS receive a $100 annual travel enhancement credit⁸. Must apply by May 31, 2023. Conditions apply.

Welcome Bonus – 20,000 points¹ ($100 travel value)
Earn 90,000 points¹ when you keep your account open and active for 180 days ($450 travel value)
Receive a $100 annual travel enhancement credit⁸

About this card

Rewards and benefits

No foreign transaction fees²

Save on all your foreign currency purchases (even online) with no additional foreign currency conversion charges. Only the exchange rate will apply.
HSBC World Elite Rewards Program

Earn 3%³ in travel rewards on all eligible travel purchases⁴ (6 points per $1); 2% in travel rewards on all eligible gas, grocery, and drugstore purchases⁵ (4 points per $1); and 1% in travel rewards on all other eligible purchases⁶ (2 points per $1).

Travel benefits⁷

$100 annual travel enhancement credit⁸

Redeemable towards select airline seat upgrades, airline baggage fees and airport lounge passes.
Extensive insurance coverage⁹

Enjoy longer trips with greater peace of mind, with Emergency Travel Medical Insurance⁹, Flight Delay Insurance⁹, Baggage Delay/Loss Insurance⁹, and much more.

Using your card

24 hour worldwide assistance¹⁰

With an Emergency Cash Transfer to a maximum of $5,000 if your card is lost or stolen.
Security and convenience

With Apple Pay¹¹, Tap & go^™ and Zero liability¹² protection for unauthorized use of the card.

Winner of “Best Mastercard in Canada 2022” by Prince of Travel

Winner of “Best No FX Credit Card in Canada 2022” by Prince of Travel

Winner of “Best No FX Fee Credit Card 2023” by Milesopedia

Winner of “Top No Foreign Transaction Fee Credit Card 2023” by Rewards Canada

Winner of “Best Foreign Transaction Credit Card 2023” by Frugal Flyer

More benefits of HSBC World Elite Mastercard

With the HSBC World Elite Mastercard, you earn 3%³ in travel rewards on all eligible travel purchases⁴ (6 points per $1); 2% in travel rewards on all eligible gas, grocery, and drugstore purchases⁵ (4 points per $1); and 1% in travel rewards on all other eligible purchases⁶ (2 points per $1).

Enjoy maximum flexibility and redeem¹⁴ your Points on your terms for:

Travel
Gift cards and valuable merchandise
Financial rewards
Rewards for miles

Please visit our HSBC rewards website rewards.hsbc.ca for more information.

Enjoy maximum flexibility and redeem¹⁴ your Points on your terms for:

Travel
Gift cards and valuable merchandise
Financial rewards
Rewards for miles

Please visit our HSBC rewards website rewards.hsbc.ca for more information.

$100 annual travel enhancement credit

Charge your select airline seat upgrades, baggage fees or airport lounge passes to your HSBC World Elite Mastercard, and then redeem your travel enhancement credit to cover these charges, making your travel more enjoyable.

The annual $100 travel enhancement credit will automatically renew on your credit card anniversary date.

Mastercard Travel Pass provided by DragonPass

Receive a complimentary membership to Travel Pass provided by DragonPass with your HSBC World Elite Mastercard, offering you access to over 1,300 airport lounges worldwide.

Please note that there will be a charge of US$32 per person for each visit.

In addition, HSBC World Elite Mastercard cardholders can relax, enjoy and refresh as they wait for their flight with select food experiences, relaxing spa treatments and retail discounts.

To find out more about Mastercard® Travel Pass and to enjoy the dining, retail and spa offers, please register on the Mastercard Travel Pass app from Google Play or App Store, or visit https://mastercardtravelpass.dragonpass.com.

Learn more

Discover a world of savings with Expedia and Agoda

10% discount on select hotel bookings on your card with Expedia and Agoda when you book directly through the HSBC Expedia and Agoda websites. For more information please visit:
www.expedia.ca/hsbccanada

Learn more

www.agoda.com/hsbccanada

Learn more

Get unlimited Wi-Fi through Boingo at over 1 million hotspots worldwide¹³

Connect up to four devices at airports, hotels and popular places around town. Redeem here.

Learn more

Emergency Travel Medical insurance⁹

Receive out-of-province emergency travel medical insurance for up to $2 million whenever you travel outside your Canadian province or territory of residence. Coverage is for the first 31 days of a trip if the insured person is 64 or under, or for the first 21 days of the trip if over 65.

Flight Delay Insurance⁹

If your trip is delayed for more than 6 hours, you can be reimbursed up to $250 per day to a maximum of $500 for meals, toiletries and essentials.

Baggage Delay or Loss insurance⁹

If your baggage is delayed for more than 6 hours, coverage can provide for essential purchases like toiletries and clothing up to $200.

If your checked or carry-on luggage and its contents are lost or stolen, you can be reimbursed up to $1,000.

Trip Cancellation and Trip Interruption/Delay insurance⁹

If you must cancel your booked trip or it’s cut short due to a covered sickness or injury, you can be reimbursed up to $2,000 per person and a maximum of $5,000 per trip, for the cost of the unused portion of your flight and cancellation fees for hotels or resort arrangements. We will also pay the cost to fly you home.

Hotel/Motel Burglary Insurance⁹

If your personal belongings are stolen from your hotel/motel room, you can be reimbursed up to $1,000 per occurrence.

Car Rental insurance⁹

Your rental car is covered for damage due to a collision, vandalism and theft and towing when you charge 75% of the cost of the rental to your card and decline the rental company’s collision damage waiver. Remember your car rental cannot exceed 31 consecutive days.

Price Protection Service⁹

If you see an eligible item you purchased in Canada advertised for less within 60 days (same brand, model number and attributes), you will be refunded the difference, up to $500 per item (up to $1,000 per year).

Purchase Assurance and Extended Warranty Insurance⁹

Shop with confidence knowing eligible purchases made with your card are automatically protected against loss, damage or theft for up to 90 days from the purchase date.

Eligible purchases made with your card are also protected with double the repair period of the manufacturer’s original Canadian warranty for up to one extra year.

Mobile Device Insurance⁹

Your eligible smart device will be covered up to $1,000 from loss, theft, mechanical failure or accidental damage such as drops, cracks or spills. Use your card to purchase the eligible device or to pay your upfront charges and all wireless bill payments.

Insurance and Other Services

How to apply

To qualify for the HSBC World Elite Mastercard, you must:

Have an annual individual income of $80,000 or $150,000 household income, or minimum of $400,000 in assets under management (based on liquid, investable assets with a financial institutions in Canada).
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 I.D on-hand (make sure the I.D you are using hasn’t expired):

Passport
Driver’s Licence or
Provincial government Issued I.D.

Apply online

Book an appointment

Visit any HSBC branch to speak to a relationship manager.

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

Not sure which card is right for you?

Help me choose

* You can receive a rebate on the HSBC World Elite Mastercard annual fee depending on your client status: HSBC Private clients receive a $149 rebate; HSBC Premier clients receive a $50 rebate; and HSBC Advance clients receive a $25 rebate. You’ll receive the annual fee rebate on the date the credit card annual fee is charged, if you’re i) an HSBC Private, Premier or Advance client, and ii) the primary cardholder of the HSBC World Elite Mastercard. This rebate does not apply to supplementary card fees or other charges applicable to the credit card account. For full details, see HSBC Credit Card Annual Fee Rebate.

¹ "Offers" refer collectively to the “Welcome Bonus”, “Additional Bonus”, and “Annual Fee Rebate”.

Eligibility: Offers only apply to approved HSBC World Elite Mastercard accounts for applications received between March 1, 2023 and May 31, 2023. Only one new account per customer is eligible for these Offers.

The following applicants are not eligible for any of the Offers:

• Applicants who have held an HSBC World Elite Mastercard, HSBC Premier World Elite Mastercard or HSBC Metal World Elite 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 offers stating that they can be combined with other HSBC credit card offers. The HSBC World Elite Rewards Program Terms and Conditions apply. Account opening is subject to eligibility requirements and credit review and approval.

Welcome Bonus: The Welcome Bonus of 20,000 points will be awarded when you make the first purchase on your HSBC World Elite Mastercard account following account opening. The Welcome Bonus will be credited in accordance with the HSBC World Elite Rewards Program Terms and Conditions. Limit of one Welcome Bonus per new HSBC World Elite Mastercard account.

Additional Bonus: If you’re not a resident of Quebec, you can receive the additional 10,000 points for each month during which you make eligible Net Purchases of $1,000 or more. The additional points will only be earned for the period beginning from the account opening date and ending 6 months from the account opening date. If you do not meet the Net Purchases amount in one month, you can still be eligible to earn 10,000 additional points during each of the following months within the Additional Bonus period. “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 additional points will be awarded approximately 60 days following the qualifying $1,000 monthly spend and credited in accordance with the HSBC World Elite Rewards Program Terms and Conditions. If you are a resident of Quebec, you can receive the additional 90,000 points if you keep your account open, active and in good standing for 180 days from your account opening. The additional points are in addition to the points earned on the eligible purchases at the earn rate listed in the HSBC World Elite Rewards Program Terms and Conditions. The additional points will be awarded approximately 180 days after account opening and credited in accordance with the HSBC World Elite Rewards Program Terms and Conditions. The points 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.

Annual fee rebate: The first annual fee rebate for the primary cardholder is only available to residents of Canada other than the province of Quebec. This rebate applies for the first year only. A one-time rebate will apply in the amount of the annual fee charged to your HSBC World Elite Mastercard account for the Primary Cardholder in the first year, minus any other rebate of the annual fee you receive. 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 World Elite Mastercard account must be open and in good standing at the time the rebate is applied.

² The term "foreign transaction fees" is a substitute for Foreign Currency Conversion charges.

³ Earn 6 points on every $1 of eligible travel purchases, up to a maximum of $50,000 in eligible travel purchases charged to your HSBC World Elite Mastercard in a calendar year. After reaching $50,000 in eligible travel purchases, you will earn 2 points on every $1 of eligible travel purchases. Refer to the HSBC World Elite Rewards Program Terms and Conditions for complete details. Points earned on eligible travel purchases can be redeemed for rewards valued at up to 3% of the amount spent to earn them. For example, $5,000 in eligible travel purchases earns you 30,000 Points, which can be redeemed for travel rewards valued at $150. Other rewards that require 30,000 Points for redemption may be valued at less than $150. Redemption offers may change from time to time.

⁴ Eligible travel purchases mean eligible purchases made from merchants that are classified in the Mastercard network as airlines, car rental agencies, hotels, cruise lines, passenger railways, tour operators, timeshares and travel agencies. Some merchants may sell travel services but are classified in another manner, therefore, purchases from such merchants are not considered to be eligible travel purchases.

⁵ Gas, Grocery and Drugstore Purchase means a purchase at merchants that are classified in the Mastercard Network as grocery stores, supermarkets, service stations or drugstores and pharmacies. While some merchants may sell gas, grocery or drugstore products/services, or are located on gas, grocery or drugstore premises, if these merchants are classified in another manner, they are not treated as “Gas, Grocery and Drugstore Purchases”.

⁶ Eligible purchases means the amount of purchases of goods and services that are charged to your Account except for quasi-cash transactions (which include purchases of wire transfers, travellers cheques, foreign currency, money orders, payment of an existing debt, bets, lottery tickets and gaming chips) less any credits for returns, rebates or adjustments. Cash advances (including balance transfers and cheques), optional services, interest charges or fees do not qualify as eligible purchases. See the HSBC World Elite Mastercard Cardholder Manual for further details.

⁷ Learn more about these new benefits, and their restrictions, conditions and availability here.

⁸The Travel Enhancement Credit in the amount of $100 will be automatically available when your card is first issued and will be renewed annually on the anniversary of your Account, provided your Account is in good standing. It can be redeemed toward eligible airline baggage fee, airline seat upgrade or airport lounge pass purchases made on the Account The Travel Enhancement Credit must be redeemed within one year of the date it was made available or renewed. At each anniversary of your Account, any portion of the Travel Enhancement Credit for which you did not submit a redemption request will expire and will not be carried over to the following year.

⁹ 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 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 in your Cardholder Manual.

¹⁰ Travel Assistance Services may not be available in countries of political unrest and such countries may from time to time be determined to be unsafe and/or inaccessible.

¹¹ Apple, the Apple logo, Apple Pay, Apple Watch, Face ID, iPad, iPhone, iTunes, Mac, Safari, and Touch ID are trademarks of Apple Inc., registered in the U.S. and other countries. iPad Pro is a trademark of Apple Inc.

¹² Zero Liability applies to purchases made in the store, over the telephone, online or via a mobile device and ATM transactions. We will not hold you responsible for unauthorized use if: 1. 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 2. 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.

¹³ The service is limited to up to four devices.

¹⁴ All rewards offered are subject to the current Terms and Conditions of the HSBC World Elite Rewards Program. There are a minimum number of Points required for redemption, which vary by reward. Some restrictions apply. For information on redeeming Points, visit rewards.hsbc.ca. Redemption offers may change from time to time.

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

For Prince of Travel award information, visit: https://princeoftravel.com/about/winners-of-the-2022-prince-of-travel-awards

For Milesopedia award information, visit: https://milesopedia.com/en/credit-cards/hsbc-world-elite-mastercard-qc

For Rewards Canada award information, visit: https://rewardscanada.ca/hsbc

For Frugal Flyer award information, visit: https://frugalflyer.ca/credit-card/hsbc-world-elite