Credit Cards

Earn 1.5% cash back: HSBC Cash Rewards Mastercard® review

This card offers a generous cash back rewards program and charges $0 annual fee! Keep reading and start earning immediately!

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A generous welcome offer with no annual fee!

HSBC Cash Rewards Mastercard®
Earn 1.5% cash back: HSBC Cash Rewards Mastercard® review. Source: Ok Save Money

Looking for a generous rewarding credit card? Look no further than this HSBC Cash Rewards Mastercard® review.

HSBC Cash Rewards Mastercard®

Apply for HSBC Cash Rewards Mastercard®

Learn how to apply for the HSBC Cash Rewards Mastercard® and earn rewards with your purchase – up to 14% additional cash back! Read on!

Furthermore, feel free to put your cash-back rebate towards whatever you see fit. So keep reading and learn more!

Credit ScoreGood;
Annual Fee$0 annual fee;
Purchase APRBuying interest rate of 20.99% per annum; If you pay your bill in full by the due date, you’ll avoid paying interest on any unpaid balance for at least 21 days;
Cash Advance APRThe APR for cash advances and balance transfers is 22.9% (or 21.9% in Quebec);
Welcome BonusFor the first 180 days, you’ll get an extra 12.5% cash back on everything you buy (up to $1,000). Spend the money online and get up to 14% cash back for the first 180 days. Pay for gas, groceries, and medicines with your card and get up to 13.5% cash back for the first 180 days. Also, get up to 13% back in the first 180 days on everything else you buy;
RewardsGet 1.5% back for every dollar spent on qualifying purchases made online; 1% back per $1 on qualifying purchases made at petrol stations, grocery stores, and pharmacies; also 0.5% per $1 back on qualifying purchases made anywhere.

HSBC Cash Rewards Mastercard® overview

People seeking a straightforward cash-back credit card with substantial benefits might consider the HSBC Cash Rewards Mastercard.

Thus, the HSBC Cash Rewards Mastercard allows you to:

  • Online shoppers can get 1.5% cash back on qualifying expenditures;
  • You can get one cent back on groceries, gas, and medicine for every dollar you spend;
  • Other Everyday Spending: 0.5% Cash Back for Every $1 Spent.

Besides, if you don’t have cell phone insurance, the HSBC Cash Rewards offers $1,000 in coverage if you use it to pay your phone bill.

HSBC Cash Rewards Mastercard® main features

woman man young couple phone smartphone technology online phone
HSBC Cash Rewards Mastercard® main features. Source: Adobe Stock.

If you’re looking for a simple yet decent credit card, the HSBC Cash Rewards Mastercard® can be a good option.

However, it is always important to look at the advantages and disadvantages of a card before applying.

Then check below the HSBC Cash Rewards Mastercard® benefits and drawbacks.

Pros

  • $0 annual fee;
  • Earn cash back on all purchases;
  • Generous cash back bonus;
  • Mobile Device Insurance;
  • Waive interest for 21 days.

Cons

  • Potentially high interest.
  • There is no standard cash welcome cash bonus.

Minimum credit score to apply

Indeed, as you can see in our review, the HSBC Cash Rewards Mastercard® card brings several benefits to cardholders.

As a result, one needs to have good credit to qualify for it. Also, they’ll consider other factors, such as income.

How to apply for the HSBC Cash Rewards Mastercard®?

Are you interested in applying for the HSBC Cash Rewards Mastercard®? Great! Then keep reading!

Our following article will explain everything you need to know!

HSBC Cash Rewards Mastercard®

Apply for HSBC Cash Rewards Mastercard®

Learn how to apply for the HSBC Cash Rewards Mastercard® and earn rewards with your purchase – up to 14% additional cash back! Read on!

About the author  /  Giovanna Klein

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