USES

Cash Rewards Mastercard® from HSBC Review

Cash Rewards Mastercard® from HSBC — all information about the credit card.

Updated September 12, 2022
Advertiser Disclosure Our Methodology
HSBC Cash Rewards Mastercard®
Apply now
Our Rating:
5 out of 5
scorer
Recommended credit score
Good to Excellent (670-799)
  • Rewards Rate:
    • 1.5% Cash Back for every $1 spent on eligible online purchases.
    • 1% Cash Back for every $1 spent on eligible gas, grocery and drugstore purchases.
    • 0.5% Cash Back for every $1 on all other everyday purchases.
  • Intro Offer:
    • 14% For the first 180 days, earn up to 14% Cash Back on eligible online purchases.
    • 13.5% For the first 180 days, earn up to 13.5% Cash Back on eligible gas, grocery and drugstore.
    • 13% For the first 180 days, earn up to 13% Cash Back on all other everyday purchases.
    • 12.5% Earn an additional 12.5% Cash Back on all purchases for the first 180 days (up to $1,000 in total purchases).
  • Annual Fee:
    $0
  • Purchase Intro APR:
    None
  • Regular APR:
    20.99% Variable
  • Balance Transfer APR:
    22.99% Variable
Show more

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Upgrade Cash Rewards Visa®
Upgrade Cash Rewards Visa®
None
Annual Fee
14.99% - 29.99%
Regular APR
1.5%
Cash Back on payments.
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Apply now

HSBC Cash Rewards Mastercard® Rewards Calculator

How do you record your expenses?
Enter your monthly spendings on:
1.5%
Online shopping
$
1%
Gas
$
1%
Groceries
$
1%
Drugstore
$
0.5%
All other purchases
$
Have you already recieved the HSBC intro bonus?
Calculate
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All benefits

  • Cash back
    • 1.5% On eligible online purchases.
    • 1% On eligible gas, grocery and drugstore purchases.
    • 0.5% On all other everyday purchases.
  • Travel
    • Travel and Medical Insurance:
    • For $69/year (including applicable taxes), get Emergency Travel Medical Insurance and coverage for trip cancellation, trip interruption and baggage delay or loss.

Rate and fee information

  • Purchase Intro APR
    • None
  • Purchase APR
    • 20.99% Variable
  • Intro Balance Transfer APR
    • None
  • Balance Transfers APR
    • 22.99% Variable
  • APR for Cash Advances
    • 22.99% Variable
  • How to Avoid Paying Interest
    • Your due date is at least 25 days after the close of each billing cycle. Your Account has a grace period on purchases. You will not be charged interest on new purchases if you pay your previous non-promotional balance, including fees and finance charges, by the due date each month.

Fees

  • Annual Fee
    • $0
  • Fees for Balance Transfer
    • Either $10 or 4%, whichever is greater, will apply on each balance transfer
  • Fees for Cash Advances
    • Either $10 or 5%, whichever is greater, will apply on each cash advance transaction
  • Penalty Fees
    • 29.99%
  • Return Payment
    • Up to $39
  • Late Payment
    • Up to $39
View all Rates & Fees

Pros & Cons

Pros:
  • No Annual Fee
Cons:
  • No Foreign Transaction Fee

Features

Classic
Mastercard
Contactless
  • Low interest
  • No Annual Fee
  • No foreign transaction fees
  • Cashback
  • Payment Flexibility
  • Fraud Protection
  • Rewards
  • Purchase Protection
  • Extended Warranty Protection
  • Lost Luggage Reimbursement
  • Baggage Delay Insurance
  • Trip Cancellation
  • Good Credit
  • Excellent Credit

About the issuer

HSBC
HSBC has several card types depending on your needs.
Manage your Account & Pay your Bill
You can usually pay your bill online on your

Compare with other cards

Low income
Upgrade Triple Cash Rewards Visa® Upgrade
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4.53 out of 5
Recommended credit score
score
Good to Excellent (670-799)
  • None
    Annual Fee
  • 14.99% - 29.99%
    Regular APR
  • 3%
    Cash Back on Home, Auto and Health categories.
  • N/A%
    Purchase Intro APR
Apply now
On Upgrade‘s website
Divvy Cross River Bank
Divvy
Cross River Bank
4.04 out of 5
Recommended credit score
score
Fair to Excellent (580-799)
  • None
    Annual Fee
  • None
    Regular APR
  • 2x - 7x:
    Points on restaurants.
  • None
    Purchase Intro APR
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Venture Rewards Capital One
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3.43 out of 5
Recommended credit score
score
Good to Excellent (670-799)
  • $95
    Annual Fee
  • 19.99% - 29.99%
    Regular APR
  • 5x
    Miles on hotels, vacation rentals, and rental cars booked through Capital One Travel.
  • None
    Purchase Intro APR
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See Another Credit Cards in the Bank

HSBC Cash Rewards Mastercard® is an option for those, who need Classic features. With an APR of 20.99% and $0 annual fee this credit card can easily cover your simple everyday demands. For high approval odds you need to have Good to Excellent (670-799) credit score. With HSBC Cash Rewards Mastercard® you will get such features as Low interest, No Annual Fee, No foreign transaction fees, etc. To make sure about either this credit card is good for you or not compare it with other cards with similar features.

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