With the HSBC Premier World Mastercard, you can take advantage of their 35,000 Rewards Program bonus points! All you need to do is spend $3,000 within the first three months of opening your account.
The HSBC Premier World Mastercards lets you earn 2X Rewards Program Points on new travel purchases, including airline, hotels, and car rentals. While earning 1X points on all other per $1 spent purchases.
| Chase Sapphire Preferred Card 100K Points* | Citi Premier® Card 80K Points* |
| The Platinum Card® from American Express 100K Points* | Capital One Venture Rewards Credit Card 60K Points* |
| American Express® Gold Card 60K Points* | Citi CustomSM Cash Card $200 Bonus* |
| Chase Freedom Flex $200 Bonus* | Chase Freedom Unlimited Card $200 Bonus* |
| Blue Cash Preferred® Card from American Express $150 Bonus* | Blue Cash Everyday® Card from American Express $100 Bonus* |
| Chase Ink Business PreferredSM Card 100K Points* | Chase Ink Business UnlimitedSM Credit Card $750 Bonus* |
| U.S. Bank Altitude® Go Visa Signature® Card $200 Bonus* | Capital One Quicksilver Cash Rewards Card $200 Bonus* |
| Wells Fargo Platinum card 18 Months of 0% BT & Purchases | *Must make minimum spending requirement to earn bonus |
If you’re interested for a card with more premium benefits, check out HSBC Premier World Elite Mastercard for an annual fee. Keep in mind, that both of these cards are available to HSBC Premier members only.
* The Premier World Mastercard is issued by HSBC Bank. They also offer great sign-up bonuses for their Checking/Savings accounts. You can also compare this card with other credit card bonuses!
Table of Contents
HSBC Premier World Mastercard Summary
| Bonus Available | 35,000 bonus points after you make at least $3,000 in purchases within the first 3 months of account opening. |
| *Bonus Value | $400 |
| Travel Credit | $50 annual statement credits for rides with Uber and Lyft.
$85 TSA Precheck application fee credit. |
| Ongoing Rewards/Benefits | 2 points for every $1 spent on travel and 1 point for every $1 spent on all other purchases.
10% discount when you book your accommodation through Expedia, Agoda or onefinestay. Unlimited Boingo WiFi access. |
| Foreign Transaction Fees | No |
| Airport Lounge Access | No |
| Annual Fee | $0 |
(Visit HSBC to learn more about this card.)
Recommended Free Credit Score (Get Free Score)
PROS
- No annual fee
- Bonus points
- Annual rideshare credit
- TSA Precheck credit
- 10% discount on Expedia, Agoda and onefinestay
- Unlimited Boingo WiFi
- Transfer partners
- No foreign transaction fees
CONS
- Excellent credit needed to qualify
- Banking relationship required
- Complicated rewards
HSBC Premier World Mastercard 35,000 Bonus Points Offer
This card’s introductory offer is 35,000 bonus points, the welcome offer is worth at least $400 in air travel.
In order to qualify, you need to charge at least $3,000 to your card within the first three months of opening your account.
Here are some ideas on meeting the spending requirements:
| • Plastiq - Using Plastiq allows you to pay for your personal expenses such as rent, tuition, mortgage, auto lease etc. Although they charge a 2.5% processing fee for using your credit card, this will contribute to the card bonus that you will receive. There is also a referral program that allows you to earn "Free-Free Dollars" that goes towards processing fees as well. |
| • Funding Checking Accounts - When it comes to funding a checking account, opening your initial deposit with a credit card is the usual way to go about it. However, if you want to have more opportunities, you should open a checking account that offers a sign-up bonus. This allows you to work towards bonuses from not one but two different sources instead. Banks like Chase, Huntington Bank, TD Bank and BBVA offers credit card funding, and for your opening deposit, you can often fund anywhere from $50-$1000 with a credit card, depending on the bank. |
| • Gift Card Purchases With Using a Credit Card - Another way to acquire the bonus is using your credit card to purchase gift cards. Buying a a gift card or an individual merchant card typically do not require a purchase fee and are used towards leisure, so gift cards are ideal. However, gift cards such as a Visa or American Express do incur purchase fees because they can be spent anywhere, but gift cards that are specifically for a certain online shopping site such as Amazon or eBay don't. |
| As for a Citi Credit Card, you should call customer service and ask them to lower your Cash Advance limit to $0 before making any purchases because Citi tends to read gift card purchases as a Cash Advance. Ideally, you should do this with any card just to be safe. Lastly, there is such thing as a discounted gift card which can be purchased on Raise or eBay. If you use a credit card often for everyday purchases, it can build your credit score that will contribute towards paying for things such as bills and taxes. |
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Redeeming HSBC Rewards Program Points
You can redeem your HSBC Rewards Program points for booking your travel through HSBC Rewards or statement credits for travel.
Additionally, you can transfer your points to a number of partner airlines, but if you want to get the best use of your points, you should use it towards travel with HSBC Rewards.
HSBC Premier World Mastercard Top Features
- Uber and Lyft credit: Get $50 in statement credits every year toward Uber and Lyft rides.
- TSA Precheck credit: Apply for TSA Precheck and get reimbursed for the $85 application fee.
Get a 10% discount on accommodation booked through Expedia, Agoda or onefinestay.
HSBC Rewards has 3 airline partners you can transfer to:
- British Airways
- Singapore Airlines
- Cathay Pacific
The transfer rate is 1:1, unless there’s a special, limited-time bonus offer.
Make purchases abroad without worrying about foreign transaction fees with the HSBC Premier World Mastercard.
Bottom Line
The HSBC Premier World Mastercard is a good option if you’re a frequent traveler, but to open one you’ll need an HSBC Premier account. If you’re looking for luxury benefits then you should check out HSBC Premier World Elite Mastercard and its offerings.
If this is not the best credit card for you, there are other credit cards that offers more than what Premier World Mastercard is offering. But if you’re interested in what HSBC bank has to offer, check out the latest HSBC Bank Promotions!
The editorial content on this page is not provided by any of the companies mentioned, and has not been reviewed, approved or otherwise endorsed by any of these entities. Opinions expressed here are author’s alone.
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