Review of the HSBC Cash Rewards Credit Card (2017)

HSBC just introduced a brand new Cash Rewards credit card. Let’s take a look at how it stacks up against other credit cards!

Cashback: 1.5% Cashback on all purchases

Introductory offer:

  1. $150 Cashback after $500 in purchases within your first 3 months of the account opening.
  2. 2% Cash Back on purchases made within the first 6 months from account opening.
  3. 0% Introductory APR on Balance Transfers for the first 15 months from account opening.
  4. 10% Anniversary Bonus on all Cash Rewards earned each year.

Benefits: Just the standard MasterCard benefits such as Price Protection, Purchase Assurance, and Extended Warranty.

Noteworthy: No Annual Fee or Foreign Transaction Fee

Should you get it?: Only if you want the balance transfer offer. The card offers the industry standard cashback rate (1.5%) and has an okay introductory cashback offer. That being said, I recommend getting Citi’s Double Cash instead because you will always get 2% cashback and it has a 18 month 0% APR balance transfer offer.

Alternatively, you can get 6 months of 0% APR on all purchases over $200: Blispay Credit Card

Apply Here: https://www.us.hsbc.com/1/2/home/personal-banking/credit-cards

Tags: New HSBC Credit Card, HSBC Cash Rewards Review, 0% APR Balance Transfer Credit Cards

 

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