Card has now been discontinued.
The Offer
- HSBC Mastercard BusinessCard Credit Card is offering a bonus of 50,000 points after $10,000 in spend within the first six months
Card Details
- No annual fee
- Earn 1.5 Points on each dollar spent – no categories to remember or enrollments to worry about.
- Points are worth 2% Cash Back when redeemed into your HSBC Fusion Checking or Savings account.
- Points can also be used towards Travel powered by Priceline, gift cards, merchandise and more.
Our Verdict
I assume this bonus is worth a maximum of $500, but if points are worth 1.33¢ when redeemed into a business checking account it’s possible that this bonus could be worth up to $665. Looks like you need to open this card in branch, there is also up to a $400 business checking bonus. This is a card worth considering if you have a HSBC branch near you, will be interesting to see what happens with this in branch stuff considering HSBC is exiting the retail market.
Hat tip to Agile–Travel
William Charles This card was discontinued, and replaced by a Citizens card.
Link says no longer taking applications for retail business credit products.
got my $888 bonus transferred to my checking today.
Is this churnable?
A data point: I have been approved after also opening a fusion biz checking account in May. Process took quite long as my relationship mgr did not seem to eager or urgent to get this moving for me. I had to supply 6 months of statement activity from any bank to prove I had assets for the underwriters
Steven B Thank you for sharing. Consider yourself one of the lucky ones. In my case, the first relationship manager didn’t even bother to call during the scheduled appointment. Left him a voicemail afterwards, no response. I did get a person to speak with me after I scheduled another one. I was hoping to do this one without having to open a business checking account.
I believe the Fusion First Business checking requires a $5k balance in order to waive the $30 monthly fee.
Received my card today. It was a ~8 week process that involved opening a business checking account (another $200 bonus available) and couple dozen emails back and forth with the relationship manager. $4k CL, now have to spend the $10k.
Wondering if anyone has successfully opened this? I just spoke to a banker in branch about my sole prop 15k a year, and he said the acceptance rate for business credit cards is less than 5%, and doesn’t recommend me applying for one.
I am currently a premier account holder FYI
The “Remote Banking” button forwards to scheduling a 45 minute telephone appointment. Applicant business is located within a branch metro area.
Meaning, you followed through with this and the business needs to be located in the branch metro area?
1) Does this report on your personal credit report?
2) Can you fund bank accounts with this without being charged CA?
Anyone get approved yet? What was your experience?