HSBC Premier World Elite Mastercard Review
The information related to HSBC Premier World Elite Mastercard has been collected by My Rate Compass and has not been reviewed or provided by the issuer or provider of this product or service.
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Priority airport services
No
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Airport lounge access
Yes
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Concierge service
No
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Balance protection(Optional)
No
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Purchase Security & Extended Protection Insurance
Yes
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Flight delay insurance,Baggage Insurance
Yes
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Vehicule rental insurance
Yes
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Travel accident insurance
No
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Travel medical insurance
Yes
- Annual Fee: $149
- Additional Card Fee: $50
- Purchases Interest Rate: 19.99%
- Cash Advance Interest Rate: 22.99%
- You're a Canadian resident
- You've reached the age of majority in your province or territory
This credit card is quite similar to the HSBC World Elite® Mastercard®, but with a few slight differences and improvements. It costs $149 a year, offers you 60,000 bonus points at sign-up, and allows you to enjoy it for free during the first year thanks to the first-year full rebate.
If you're already an HSBC Premier client, you'll be able to benefit from a rebate of $50 of your yearly fee. This means you'll only have to pay $99 a year. If you live in Quebec, you'll also gain access to up to 80,000 bonus points worth $400 in travel.
Note that this card is available exclusively for HSBC Premier clients. To capitalize on its perks, you need to be a Canadian resident, have an income of over $80k as an individual or $150k as a family, reach a total mortgage of $500k, or deposit over $6,500 to your HSBC Premier account.
With this card, you'll earn 6 points for every $1 spent on travel purchases, plus 3 points for any other purchase. You also gain access to a $100 annual travel enhancement credit, LoungeKey access to over 850 airport lounges worldwide, gain 10% on Agoda and HSBC Expedia websites, and also get a wide range of coverage insurance.
To top it all, this card comes with no foreign transaction fees, 24-hour worldwide assistance, and insurances to give you the peace of mind that you are protected.
Welcome bonus:
• Earn up to 40,000 bonus Scotia Rewards points in your first year (that’s up to $400 towards travel ) Plus, no annual fee in the first year, including on supplementary cards and 5X Scotia Rewards points on Travel for the first 3 months (up to $2,500 in total travel purchases).
- Earn 30,000 bonus Scotia Rewards points when you spend $1,000 in everyday eligible purchases in the first 3 months.
- Earn 10,000 bonus Scotia Rewards points when you spend at least $40,000 in everyday eligible purchases annually.
- Redeem your Scotia Rewards points towards statement credits, travel, the latest in tech, gift cards and more!
• Earn 2x Scotia Rewards® points on every $1 you spend on eligible grocery stores, dining, entertainment purchases and daily transit purchases (including buses, subways, taxis and more)
• Enjoy no FX Mark-up
• Enjoy Complimentary Airport Lounge Access, plus 6 free lounge visits per year
• Rates, fees and other information are effective as of Mar 1, 2021. Subject to change.
Scotia Momentum Visa Infinite Card Review
Great reasons to get this card for your everyday purchases
No annual fee in the first year, including on supplementary cards.
• 4% on eligible recurring bill payments and grocery store purchases
• 2% on eligible gas station and daily transit purchases
• 1% cash back on all other eligible everyday purchases
• Complimentary Concierge Services 24/7
• Visa Infinite Dining Series
• Visa Infinite Music Series
• Wine Country Wonders
• Luxury Hotel Privileges
• Comprehensive Travel Insurance & New Mobile Device Insurance coverage
Welcome offer
- • Unlock special experiences with the Platinum® Card
• Earn up to 100,000 Membership Rewards® points:
• New Platinum® Cardmembers, earn 80,000 Welcome Bonus points after you charge $6,000 in net purchases to your Card in your first 3 months of Cardmembership– enough to redeem for a $800 credit towards eligible purchases
• Plus, you can also earn 20,000 points when you make a purchase between 14 and 17 months of Cardmembership – enough to redeem for a $200 credit towards eligible purchases
• Earn 3 points for every $1 in Card purchases on eligible dining in Canada, 2 points for every $1 in Card purchases on eligible travel, and 1 point for every $1 in all other Card purchases
• You will have access to a $200 CAD Annual Travel Credit to use towards any single travel booking of $200 or more charged to your Platinum Card and made on www.americanexpress.ca/travel or through Platinum Card® Travel Service
- Take full advantage of The American Express Global Lounge CollectionTM which unlocks access to over 1200 airport lounges worldwide. This includes The Centurion® Lounge network, Plaza Premium Lounges, and hundreds of other domestic and international lounges designed to enhance your travel experience
- Enjoy flexible ways to use your points such as statement credits for any eligible purchase charged to your Card, new travel purchases booked on American Express Travel Online through the Flexible Points Travel Program, and eligible flights through the Fixed Points Travel Program
- Transfer points 1:1 to several frequent flyer and other loyalty programs
- Enjoy complimentary benefits that offer an average value of $550 USD at over 1,000 extraordinary properties worldwide when you book Fine Hotels + Resorts
- Platinum Cardmembers can enjoy access to special events and unique opportunities
- Enjoy premium benefits at the Toronto Pearson Airport such as discount on parking
- You will also have access to many leading hotel and car rental companies’ loyalty programs. Our partners include Marriott International, Hilton Hotels and Resorts, Radisson Hotel Group Americas, Hertz and Avis
- As a Charge Card, interest applies in accordance with your Cardmember Agreement, Information Box, and Disclosure statement if the total New Balance is not paid by the Payment Due Date each month. All payments must be received by the Payment Due Date shown on the monthly statement
American Express is not responsible for maintaining or monitoring the accuracy of information on this website. For full details and current product information click the Apply now link. Conditions apply
Author Bio
Mohamed Konate is a personal finance expert, blogger, and marketing consultant based out of Toronto. He is a former financial services professional who worked for many years at major Canadian financial institutions where he managed the marketing strategy around various financial products ranging from credit cards to lines of credit. Mohamed is passionate about personal finance and holds a Bachelor in Business Administration from the University of Quebec (Montreal) and a Master in International Business from the University of Sherbrooke (Quebec).He is also the author of the Canadian Credit Card Guidebook.
