This card is ideal for HSBC customers who travel a lot. It is a premium travel card that has got plenty of perks and accelerated travel and dining points. To qualify for the card, however, you must be an existing HSBC Premier or Jade customer.
Cardholders have access to thousands of airport lounges worldwide, and they also get a free LoungeKey Membership. Additionally, if you are traveling abroad, you could get some discounts on hotel stays for more than 18,000 hotels all over the world.
The card comes with plenty of other benefits, such as their ongoing rewards points and exclusive experiences through the MasterCard Priceless Cities scheme. Read on to learn more about the HSBC Premier World Elite Mastercard.
Welcome Points Boost
When you are a new customer, you will receive around 40,000 points after spending £2,000 in the first 90 days on the card. Also, when you spend more than £12,000 in the first year on the card, you will receive a further 40,000 points on your anniversary.
So, with this card, for every £1 you spend, you will earn 2 rewards points in the sterling currency or 4 reward points for non-sterling currency.
For every 2 points you earn, they are worth 1 frequent flyer mile. When you spend only £9,000, you could convert this for a flight to Paris.
You will have access to thousands upon thousands of experiences in more than 45 world destinations with the MasterCard.
MasterCard Travel Rewards
When you make your traveling outside the UK with the MasterCard, you will get some cash rewards from all the participating merchants.
When you pay an annual fee of £60 you will be able to get additional cards for up to 3 family members or friends. This will maximize your points earning as each card will accumulate your points.
You will be able to make contactless transactions by using the app on your phone. This means that you don’t always have to carry your credit card with you when going out.
Eligibility Criteria
To be eligible for the card, you must already have an HSBC premier account, you must be a permanent resident of the UK or hold a valid Visa, and you must be over 18 years old.
How to Apply
Before you apply, please note that this card is only available to existing HSBC Premier Customers only. You can apply for the card online if you have already registered for online banking, or through the mobile app, or in person at the branch.
You will need to provide your name, permanent address, income information, expenses, employment details, email address, telephone number in order to apply.
Interest Rates and Fees
The HSBC Premier World Elite Credit Card is a great option if you are already an HSBC account holder, and you want to reap these rewards. Make sure to consider the fees and rates associated with this card, which are listed below.
- Representative APR: 59.3%
- Purchase APR: 18.9%
- Cash advance APR: 18.9%
- Balance transfer APR: 18.9%
- Annual fee of £195
- Cash advance fee: 2.99% of the cash advance or cash related payment, minimum £3
- Balance transfer fee: as set out in any offer made to you
- Non-Sterling Transaction fee: 2.99% of the Sterling amount of the transaction
- Foreign usage cash fee: 2.99% of the amount advanced, minimum £3.00
Contact Information
If you would like to get in contact with an HSBC representative, you can reach them by calling +44 020 7991 18888. Their mailing address is HSBC Building, At. 8 Canada Square, London E14 5HQ, United Kingdom.
Conclusion
If you are currently an HSBC premier account holder, then you should consider applying for the HSBC Premier World Elite MasterCard and enjoy all of the benefits we have outlined above.
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