The main difference between the HSBC Plus Rewards Mastercard and the HSBC World Elite Mastercard lies in their interest rates, rewards structure, fees, and exclusive perks. While both cards offer rewards programs, they diverge significantly in terms of their annual fees and premium benefits.
Let's dive into the rewards game. The HSBC Plus Rewards Mastercard offers a solid rewards program, giving you points for every dollar spent, which you can later redeem for a range of exciting options. On the flip side, the HSBC World Elite Mastercard steps up the ante, showering you with richer rewards and a broader spectrum of redemption possibilities.
Speaking of fees, the Plus Rewards card takes a more budget-friendly approach with its annual fee, making it an appealing choice for those who want rewards without breaking the bank. Now, if you're looking for a card that doesn't hold back on the perks, the World Elite card commands a higher annual fee, but it's like gaining access to an exclusive club where premium benefits are the norm.
Hold onto your hats for the intro offers and bonuses! The HSBC Plus Rewards card might treat you to an enticing introductory offer, allowing you to score bonus points or maybe even enjoy a tempting interest rate deal. Meanwhile, the World Elite card steps up the game with a grander bonus, often coupled with a host of luxurious extras like airport lounge access and travel credits.
But here's where things get exciting – standout features. The HSBC Plus Rewards Mastercard keeps it grounded, serving up rewards on your everyday purchases, a reliable go-to for savvy spenders. Now, if you're a globetrotter or simply a fan of the finer things, the HSBC World Elite Mastercard rolls out the red carpet with its luxury travel benefits, concierge services, and more.
In a nutshell, both cards bring the heat in the rewards arena, but the HSBC World Elite Mastercard amps it up with a heftier annual fee and a lavish spread of exclusive perks. So, whether you're a points-collecting enthusiast or a jet setter seeking elite treatment, there's a card that suits your style and aspirations. Time to flex that plastic!
Description | |
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With its 11.9% p.a. interest rate on purchases, cash advances, and balance transfers, HSBC + Rewards Mastercard makes your everyday spending convenient and more rewarding. | The HSBC World Elite Mastercard allows you to save on all your foreign currency purchases (including online) with no additional foreign currency conversion. |
Basics | |
Additional Cardholders | |
4 | 4 |
Card Type | |
Mastercard | Mastercard |
Minimum Credit Limit | |
$500.00 | N/A |
Maximum Credit Limit | |
N/A | N/A |
Sign up bonus | |
Signup Bonus Points | |
N/A | N/A |
Signup Bonus Points Required Spend | |
N/A | N/A |
Signup Bonus Points Required Spend Terms | |
N/A | N/A |
Rewards | |
Rewards Program | |
HSBC Plus Rewards | HSBC World Elite Rewards |
Domestic Rewards Points Earn Rate | |
1 | 2.00 |
Benefits | |
Airport Lounge Access Included | |
No | Yes |
Concierge Service Included | |
No | No |
Cardholder's International Travel Insurance | |
No | Yes |
Complimentary Flight Voucher Included | |
No | Yes |
Introductory balance transfer | |
Balance Transfer Rate | |
11.9% | 22.99% |
Balance Transfer Period | |
N/A | N/A |
Balance Transfer Fee | |
N/A | N/A |
Balance Transfer Limit | |
N/A | N/A |
Balance Transfer Revert Rate | |
N/A | N/A |
Ongoing rates | |
Cash Advance Rate | |
11.9% p.a. | 22.9% p.a. |
Purchase Rate Ongoing | |
11.9% p.a. | 19.9% p.a. |
Ongoing fees | |
Annual Fee Ongoing | |
$25.00 | $149.00 |
Foreign Exchange Fee Percentage | |
2.5% | 0% |
Late Payment Fee | |
N/A | N/A |
Overseas ATM Withdrawal Fee | |
$5.00 | $5.00 |
Digital wallets | |
Apple Pay Enabled | |
Yes | Yes |
Google Pay Enabled | |
Yes | Yes |
Samsung Pay Enabled | |
Yes | Yes |
Eligibility | |
Available To Existing Customers | |
No | No |
Minimum Age | |
18 years | 18 years |
Minimum Credit Rating | |
Good | Good |
Minimum Income | |
N/A | $80,000.00 |
Temporary Residents Accepted | |
Yes | No |