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.: (4.3)


Annual Fee: $25
Additional Card Fee: $10
Purchases Interest Rate: 11.9%
Cash Advance Interest Rate: 11.9%


  • 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 +Rewards™ Mastercard® Review

Welcome Bonus: Earn 30,000 Points ($150 travel value) PLUS a first-year annual fee rebate*
Apply Now On HSBC's Secure Website
HSBC +Rewards™ Mastercard® snapshot

HSBC +Rewards™ Mastercard® review

Welcome Bonus:

Earn 30,000 Points ($150 travel value) PLUS a full annual fee rebate for the Primary Cardholder for the first year ($25 value). Must apply by March 29, 2021. Conditions Apply.

*Offer differs for residents of Quebec

HSBC Plus Rewards Program

2x Rewards on eligible dining and entertainment

Earn 1 Point for every $1 on all other everyday purchases*.

Redeem your Points your way – The choice is yours.

  • Travel
  • Gift cards and valuable merchandise
  • Financial rewards
HSBC +Rewards™ Mastercard® Rewards
General cash back earn rate
Categories cash back earn rate
HSBC +Rewards™ 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 +Rewards™ 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 +Rewards™ Mastercard® FAQs


Low Interest Rate
Reduce your interest on purchases, cash advances and balance transfers.

Insurance Coverage 
Shop confidently knowing that your eligible purchases are well-protected when you make them using your HSBC +Rewards Mastercard. 

Price Protection Service
If you find a lower price within 60 days of your purchase the difference will be refunded – up to $500, subject to a calendar-year maximum of $1,000 per account. Certain conditions and exclusions apply.

Editor`s Review:

The HSBC +Rewards™ Mastercard® stands out from the crowd not only because of the white logo and exquisite design but also because of the advantageous interest. With HSBC +Rewards® Mastercard®, you can enjoy a low 11.9% interest rate on everything, from purchases to balance transfer and cash advances.


With just an annual fee of $25, this card gives you a multitude of benefits that you can start reaping right away. You can earn 2 points for each $1 spent on eligible entertainment or dining.

The current Welcome Bonus is 30,000 Points which is worth $150 in travel value. In addition, there is a full annual fee rebate for the Primary Cardholder for the first year. This offer is valid if you apply by March 29, 2021. Conditions Apply.


This card is perfect for any Canadian resident who wants a low-interest rate and coverage. With it, you can gain access to comprehensive travel insurance, price protection, zero liability protection, enhanced security, tap & pay, and worldwide acceptance.

Apply Now On HSBC's Secure Website

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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.