If you have nearly perfect credit and you have plenty of money too, you can be rewarded for that. The HSBC Premier MasterCard is designed especially as an excellent credit credit card. Other than good credit, however, there is something else you need in order to qualify.
The HSBC Premier MasterCard is only available to the Premier customers at HSBC bank. In order to qualify as a Premier customer, you must open an account with $100,000 in it. What’s more, you cannot transfer that money from one HSBC account to another; it must be a brand new account with new money deposited.
Being a Premier customer at HSBC means that you get a bit of extra attention from HSBC. For example, if you lose your card, one will be sent overnight to you no matter where you are in the world. In addition, if your card is lost or stolen, they will provide you with $2000 cash via bank transfer to the nearest bank to you so you aren’t without money.
HSBC Premier Credit Card Overview
The interest rate for the HSBC card is 9.99% and it doesn’t change for any reason. This applies to cash advances, balance transfers, etc. There are also no other fees associated with the card. No foreign transfer fees, over-the-limit fees, balance transfer fees, annual fees and so on.
The rewards credit card program is very flexible allowing you to choose you own rewards program. You receive one point for every $1 spent and double points for the first 6 months after you receive the card. If you choose travel credit card rewards, there are no blackout dates, flight restrictions or seat restrictions.
You also receive full protection when you travel including luggage replacement, travel insurance, rental car insurance and more. Many hotels are automatically upgraded for free if you pay using your HSBC Premier MasterCard.
HSBC Premier Credit Card Benefits
- Low annual APR
- No annual fee
- No fees for anything
- Flexible rewards programs
- Upgrades when you travel
HSBC Premier Credit Card Bottom Line
Although it is an excellent card, the bottom line is that most people don’t qualify for this card. Unless you have $100K and nearly perfect credit, this isn’t the card for you. To find the card that is for you, compare this with other reward credit card offers now!
- HSBC Platinum MasterCard
- HSBC Bank Nevada Household Bank Rewards MasterCard
- Premier America Credit Union MasterCard Standard Credit Card
- HSBC Platinum MasterCard with Cash or Fly Rewards
- HSBC Platinum MasterCard with Cash Back Rewards
- HSBC Platinum MasterCard with Plus Rewards
- Premier America Credit Union MasterCard Student Credit Card