Posted by William Charles on July 30, 2018
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Published on July 30th, 2018 | by William Charles

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HSBC Credit Cards: List Of Cards, Things Everybody Should Know & More

Reader vil asked us to put together a post on ‘things everybody should know about HSBC credit cards‘. We’ve done similar posts on other card issuers before:

So I thought why not. I thought we’d put together a full list of the cards they offer, the best cards and also the things people should know.

Full List Of HSBC Credit Cards

Best Credit Cards

Premier World Elite

Read our full review

Sign up bonus of 50,000 points, points are worth 1.5¢ each for travel or can be transferred to travel partners. Annual fee of $395 although partially offset by $100 in Lyft/Uber credit and $100 air travel credit. Unfortunately requires a $100,000 combined balance with HSBC to be eligible. Still very weak compared to other high annual fee cards from other card issuers.

HSBC Cash Rewards

Read our full review

Most people are interested in this because it’s a Mastercard with no foreign transaction fee and earns 1.5% cash back. Mastercard usually gives the best foreign currency rates and 1.5% back with no foreign transaction fee is good as well.

Things You Should Know

What We Don’t Know

There are a lot of things we don’t know about HSBC credit cards that we’ve love to learn. If you know the answers to any of the following then please help us out in the comments below.

 



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Andrew
Andrew

Their credit cards are not available to residents of Wisconsin. Apparently we’ve done something to offend HSBC’s sensibilities:
“NOTICE TO WISCONSIN RESIDENTS: This offer is void in Wisconsin.”

Dan
Dan

Must not want to deal with community property law.

Andrew
Andrew

Yeah but there are nine community property states including California and Texas. I think they just have something against cheese.

JT
JT

Worth it for all the bank bonuses you guys get.

Andrew
Andrew

They’re gettin’ wise to that. A lot of them are restricting bonuses to local addresses or in-branch visits, and some are shutting down accounts shortly after approving them. They must read this site.

Navitron
Navitron

They probably hate cheese or something.

Chris
Chris

I currently hold the HSBC Premier World card, and can answer a few of these questions (and offer some other data points):

HSBC have confirmed that credit limit increases always require a hard pull.

The card number becomes available once the card is approved, however the expiry date and CVV2 are not obtainable.

For the Premier-linked cards (Premier World and Premier World Elite), your relationship manager is the one touch point for all concerns, including reconsideration.

Transfers to partners takes about 3 business days, and there doesn’t seem to be a minimum transfer size or minimum increment.

NN
NN

One thing to keep in mind, If you hold HSBC credit card, you won’t be eligible for the checking bonus. So make sure you apply for the checking first

Charles Mann
Charles Mann

I recently received the checking bonus after opening and receiving the credit card bonus.

NN
NN

Interesting, are you saying you received the checking bonus while still holding a credit card with them ? The term for the checking bonus literally says excluded credit card holder.

Julien
Julien

I’ve had the Premier World Mastercard for 8 years and have requested credit limit increases in the past, including one last week and have never had any inquiry showing up on my credit score.

Robert
Robert

“Does HSBC prorate annual fees if card is canceled? How long after the annual fee posts do you have to cancel to get a full refund?”

Answer:
-HSBC does NOT prorate any fees.
-HSBC does NOT give any refund, so if your card was charged on the 1st of the month the annual fee and you close your card on the 2nd of the month, u will get $0 back from them.

-HSBC has a maximum of 2 cards.

TomT
TomT

Why no mention of the HSBC Advance card? 25k points worth $250 with no AF and only requires Advance checking account with $10k balance or $5k balance plus any amount of recurring DD.

Credit Card
https://www.us.hsbc.com/credit-cards/products/advance/

Advance Checking
https://www.us.hsbc.com/advance/

Tom
Tom

I can confirm that you can have at least 2 cards with them.

Max

I’m always interested in how hard it is to get approved for these cards. Can’t stand fruitless hard pulls.

Alex
Alex

I have an Advance checking account w/ over $10k due to the current checking bonus, but I was approved for two cards on the same day while 30+/24. One the cards I did receive a pre-approved mailer for, however (which was the same as the public bonus).

Alex
Alex

My data point: applied for both Advance and Cash Rewards credit cards on same day (currently have Advance checking for bonus). Received two hard pulls. Both cards approved (although not instant decision, I didn’t need to call any recon). Received bonuses on both pretty quickly after meeting msr via plastiq promotion. Min redemption for cash rewards is $50, though. So I only cashed out $100 initially so that any other points earned on the card won’t be forfeited.

J crichton
J crichton

Had an HSBC card, but I did not use it for a year and they closed the account for non-use. Very annoying

W
W

https://www.us.hsbc.com/credit-cards/

This page differs from some of the stats on your posts on their cards. Maybe their was an update

JASON
JASON

I had an advanced master credit card before. Had my advance checking downgraded to regular checking that required $1500 for fee free, then the advanced credit card hit AF on annual date. Called and asked to downgrade the advance card to platinum with no AF. AF refunded.
ADJUSTMENT-PURCHASES -$45

“Are the cards/bonuses churnable?”
Yes, had one some year in around 2004-2006 then closed. a 2nd one a few years ago and still got the sign up bonus.

“Can you check application status online?”
If you have a checking account or a login, you would be able to see the credit card number linked there even before they send you the approval email/mail. That’s the only way I know about checking the status online without calling.

Tom
Tom

I’ll add a few more points I just confirmed.
-You cannot combine credit line or move limit between cards
-I did a credit line increase a year ago and it was a soft pull on the Platinum Rewards. Asked for an increase my Advance MC and was told no go because my credit was frozen. Don’t know if that is a hard or soft pull but will share.
-Points with multiple cards cannot be combined. So if you have multiple cards, you have multiple rewards point accounts.

Bank doesn’t seem to be instant approval. New cards take a week or so to show up in our online banking. Calling is the only way to check status.

CJ
CJ

Does anyone know which credit bureau does HSBC pull?

Darren Bedard
Darren Bedard

I applied for a cli today on my 1 year anniversary, they did a hard Equifax pull. Not sure the result, guessing I should get it I’ve got a score over 750 will perfect history. Got small increase previously 6 months ago with a soft pull as well

Gaurav
Gaurav

I know it’s a work in progress but think this should probably be stickied under Card Issuer Specific section and Things You should know about each card issuer pages on the Credit Card Reference page.

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