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HSBC Cash Rewards Mastercard® credit card review: is it worth it?

Would you like to have a card with no annual fee that gives you rewards every time you use it? Your wish has been granted. The HSBC Cash Rewards Mastercard® will give you this and more. Please, keep reading this article to find out more about its benefits!

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HSBC Cash Rewards Mastercard® credit card: an easy-to-use card with no fees and 1.5% cashback

HSBC cash rewards mastercard credit card
Do you already have an HSBC Cash Rewards Mastercard® credit card for you? Source: The Mad Capitalist.

If you got an HSBC Cash Rewards Mastercard® credit card, take a look at this review to learn about its features.

Most people are familiar with the HSBC brand – but what about their credit card offerings? In this post, we’ll take a close look at the HSBC Cash Rewards Mastercard® credit card to see if it’s worth your while.

We’ll break down the facts on fees, rewards, and perks, so you can decide for yourself if this is the right card for you. Ready to learn more? Let’s get started!

HSBC cash rewards mastercard credit card

How do you get the HSBC Cash Rewards Mastercard®?

We love a good cashback. Even better if it comes with no annual fees. That's the case with the HSBC Cash Rewards Mastercard® card, so take a look on how to apply for it.

Credit ScoreGood/Excellent
Annual Fee$0
Regular APR12.99% – 22.99%, Variable
Welcome bonusIn the first year, you’ll get 3% instead of 1.5% cashback on all your purchases.
Rewards1.5% cashback on every purchase.

HSBC Cash Rewards Mastercard® credit card

The HSBC Cash Rewards Mastercard is a good credit card. Not great, but not bad either. A regular card for everyday use. Their rewards program is very simple, with a flat rate of 1.5% on every purchase. This simplifies its use as you know you are always getting some cashback.

But it has a few more perks, like the $0 annual fee and no foreign transaction fee. In the first year, you get double cashback: 3% on all purchases. This is very good, considering that you are not paying any fees for it.

The Mastercard’s signature grants reliability for the card, and it is accepted virtually everywhere. Plus, you’ll get Mastercard perks like fraud insurance and coverage against theft and damage to your cell phone for up to $600.

HSBC Cash Rewards Mastercard® credit card: should you get one?

woman paying coffee by credit card
Use your HSBC Cash Rewards everywhere to earn more cashback. Source: Freepik.

This card doesn’t offer a big range of benefits. On the other hand, it also doesn’t charge you an annual fee. Anyone looking for a credit card to use on a daily basis without complicated bonus categories can get this card.

Pros

  • The flat rate cashback simplifies the usability of the card
  • In the first year you’ll get twice as much cash back as a welcome bonus. That means 3% cashback on every purchase.
  • After the first year, get 1.5% cashback on every purchase. You can redeem it for cash, gift cards, travel, or merchandise.
  • No foreign transaction fees.
  • With the Mastercard signature, you’ll get excellent benefits, such as cellphone damage or theft insurance coverage, access to special events, and experiences with the Mastercard Travel service.

Cons

  • No bonus categories to earn more cashback.
  • Requires a good credit score for approval.

Multiple personalized credit card offers

Applying won't hurt your credit score

You will be redirected to another website

Credit scores required

HSBC is a demanding bank for its cardholders. They’ll require a credit score at least good or even excellent to accept your application for a new credit card.

HSBC Cash Rewards Mastercard® credit card application: how to do?

If you’d like to get an HSBC Cash Rewards for you, take a look at the following content. We’ll tell you the eligibility requirements and the step-by-step.

HSBC cash rewards mastercard credit card

How do you get the HSBC Cash Rewards Mastercard®?

We love a good cashback. Even better if it comes with no annual fees. That's the case with the HSBC Cash Rewards Mastercard® card, so take a look on how to apply for it.

About the author  /  Julia Bermudez

Julia Bermudez is a writer here on this portal. Since childhood, writing has been a passion, and her curiosity for different subjects led to this profession. Julia has a degree in Cultural Production, and her subjects of most significant interest are health, finances, and self-development.

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