Card Details

Bank Name: HSBC
Network Type: Mastercard
Card Type: Personal
MRC Rating My Rate Compass's ratings are determined by our editorial team. Our editors rate credit cards objectively based on the benefits and features the credit card offers, interest rates, the fees, and how a credit card compares with other cards in its category.: (4)


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

Recommended Credit Score

Average to Excellent (670-900)

HSBC Premier World Elite Mastercard Review

Welcome Bonus: Welcome Bonus – 20,000 Points ($100 travel value)
Apply Now On HSBC's Secure Website
HSBC Premier World Elite Mastercard snapshot

HSBC Premier World Elite Mastercard Review

Welcome Bonus – 20,000 Points ($100 travel value)

HSBC Premier World Elite Rewards Program

Earn 3% in travel rewards on all eligible travel purchases (6 Points per $1) and 1.5% in travel rewards on all other eligible purchases(3 Points per $1).

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.
HSBC Premier World Elite Mastercard Rewards
General cash back earn rate
Categories cash back earn rate
HSBC Premier World Elite Mastercard Features
Priority airport services
Airport lounge access
Concierge service
Balance protection(Optional)
Purchase Security & Extended Protection Insurance
Flight delay insurance,Baggage Insurance
Vehicule rental insurance
Travel accident insurance
Travel medical insurance
HSBC Premier World Elite Mastercard User Reviews
Total Reviews: 0

Rating: 1 2 3 4 5 ( 4 )

Application Experience: 1 2 3 4 5

Rewards/Features: 1 2 3 4 5

Customer Service: 1 2 3 4 5

Convenience: 1 2 3 4 5

Likelihood to recommend: 1 2 3 4 5

HSBC Premier World Elite Mastercard FAQs

Other Recommended Credit Cards


No foreign transaction fees

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

$100 annual travel enhancement credit

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

31-day insurance coverage

Worldwide Emergency Travel Medical insurance. Enjoy longer trips with greater peace of mind (This coverage is only available if the primary cardholder and spouse are under age 65. Please note that travel in Cuba is not covered.)


Editor`s Review:

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.

Apply Now On HSBC's Secure Website

Already have this credit card? Tell us what you think

Click on the user reviews tab above to leave a review


Author Bio

Mohamed Konate

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.