How to Apply for your HSBC Rewards Credit Card
The HSBC Rewards Credit Card is made for consumers considering earning rewards for everyday transactions. Earning points on every purchase toward potential cashback, travel reward opportunities, or discount-based savings at certain retailers with an easy-to-use rewards program, the card also has a 0% interest on purchases and balance transfers for the first six months perk that’s enticing to those who may need room to stretch their spending.
With HSBC’s satisfaction towards customers, this card is a convenient, value-for-money proposition offering numerous rewards and experiences with loyalty programs and exclusive offers.
Benefits of the HSBC Rewards Credit Card
Benefits offered by the HSBC Rewards Credit Card include:
- Reward points for every purchase: Cardholders earn points on every purchase, which can be redeemed in cash, miles, other travel rewards, or exclusive discounts through Mastercard Pay with Rewards. Get as much as 10 points per £1 at participating merchants and 1 point for every £5 elsewhere.
- 0% interest on purchases and balance transfers: 0% interest is available on purchases and balance transfers within sixty days after opening the account for six months. A balance transfer fee is set at 2.99%.
- Welcome bonus points: When one buys a new card, they are rewarded with 2,500 points, which provide instant value worth £25 at the first purchase.
- No annual fee: A notable advantage is the absence of an annual fee, which provides greater savings for your day-to-day life.
- Exclusive Mastercard Priceless experiences: Through the Mastercard Priceless program, individual experiences, events, and discounts in cities worldwide.
- Anniversary bonus: You will receive 2,500-anniversary points every year after spending over £10,000 in the first five years. This is to reward loyal customers with more benefits.
- Global access and 24/7 support: Use it wherever Mastercard is accepted, and enjoy global customer care for added security.
Prerequisites
To apply for the HSBC Rewards Credit Card, applicants must meet the following Conditions:
- Reside in the UK and are over 18 years
- Earn a minimum annual UK taxable income of £6,800
- Hold an HSBC Advance Account, Bank Account, or Premier Account, with a minimum of £1,750 deposited each month for six months, not including transfers from another HSBC account.
These qualifications ensure that customers are generally placed in an excellent position to reap the rewards and financial flexibility of the card.
About HSBC
HSBC is a renowned bank in every corner of the globe, and it was established back in 1865. It has a reputation for providing secure, innovative solutions for banks. HSBC reaches out to millions of customers through more than 60 countries worldwide, offering convenient and customised financial products for customers’ personal and business needs. Rewards programs, credit card benefits, and extensive global presence are how a bank is determined to be customer-centric. HSBC keeps up with its promise of improving customer experiences by providing financial products to those who seek financial products that could add value, convenience, and security to their lives.
HSBC UK is a one-stop destination for credit cards, mortgages, investment solutions, and more. So far, it has set standards in personal and corporate banking.
Who is the HSBC Rewards Credit Card for?
The HSBC Rewards Credit Card is suitable for those who wish to spend wisely and maximise their buying power through fulfilling points.
This card is designed for frequent shoppers, travellers, or individuals who want flexibility in redeeming rewards, supplying high-value benefits and unique perks to the customer.
It is perfect for a cost-conscious individual or those who can spend wisely, providing valuable points on everyday purchases anduniquel experiences with added security and support from a globally respected bank.
Step-by-step guide to apply
- Check eligibility on HSBC’s website: Use HSBC’s eligibility checker, and you will know whether you qualify without your credit score being affected.
- Complete the application online or via the app: Be honest and accurate while filling in your personal and financial information. Then, submit it through the HSBC app or website.
- Submit the form: You must verify your information before submitting your application. Then, the bank will have the chance to check your credit profile. In the end, you’ll know if you have already qualified.
- Activate your card: Activation follows upon approval on the HSBC app or over the phone with their customer service.
Apply right away on the HSBC website.
Positives and negatives of the Card
Positives
- Earns huge rewards at specific merchants.
- Purchases and balance transfer without interest for a 0% introductory APR promotion period.
- Bonus welcome gifts and anniversary points are earned yearly and given continuously.
- Buy through Mastercard. Priceless experiences are offered exclusively.
Negatives
- 2.99% in terms of a balance transfer fee.
- HSBC Advance, Premier, or Bank Account needs to be held with it at tiered minimum levels of deposits
- High spending threshold to earn anniversary points
The HSBC Rewards Credit Card is great for high-spenders, but transfer costs and account fees must be factored in.
How to unlock and activate the card
Getting the HSBC Rewards Credit Card is easy:
- Download the HSBC mobile app: All iOS and Android users can access its features, rewards, and account access.
- Log in and Follow activation steps: Log in with your credentials and then follow the prompts to activate your card instantly for use.
- Contact customer support if needed: To get assistance, HSBC has a support team available 24/7 to guide you through the activation process.
Fees and tariffs
Understanding the HSBC Rewards Credit Card fees will allow you to manage your account better:
- Standard APR: 23.9% variable applies after introductory
- Balance transfer fee: A 2.99% fee applies with balance transfers within the promotional period.
- No annual fee: HSBC does not levy an annual fee. Its use will, therefore, always remain economical for daily use.
Being aware of such fees will allow card members to reap the full rewards of the card without breaking the bank. Another rates.
Customer service options
HSBC allows several options for customer support, as presented below:
- Help center and FAQs: Check their website for answers and solutions to frequently asked questions.
- Phone support: Contact the HSBC helpline to receive personalised customer assistance.
- Branch locator: Visit a branch for one-to-one advice and solutions.
For further assistance, kindly visit HSBC Support.
Final thoughts: is the HSBC Rewards Credit Card right for you?
The HSBC Rewards Credit Card is perfect for consumers who want to earn rewards in the form of points earned from purchases of things they acquire daily, get treated to exclusive events, and can redeem points for cashback, discounts, or travel pprivileges
This card is a rounded choice for customers seeking to obtain the best possible value from their money through this card, secured with the network of HSBC, flexible reward choices, and valuable customer care.
Banked on the prestige of HSBC, this credit product proves a very convenient, secure, and valuable product to the UK citizenry.
Also read: Another credit card in UK.