HSBC released a new rewards card at the end of July
called the HSBC +Rewards Mastercard. The card combines a points earning
rewards with a lower interest rate. Of course the trade off between
having a lower interest rate is a lower point earn on the card. It will
earn 2 points for every $1 in eligible purchases on dining and
entertainment and 1 point for every $1 in all other eligible purchases.
Points are 0.5 cents each so the 2 points earned on dining and
entertainment equate to a 1% return while the 1 point on everything
else equates to 0.5%. The annual interest rate on both purhcases and
cash advances is 11.9%. There are annual fees attached to the card, $25
for the primary card and $10 for additional cards. Like other HSBC
Rewards credit cards you can book any travel you want with this card and
then redeem points against that charge up to 60 days after it posts.
Additional benefits of the HSBC +Rewards Mastercard include:
– Price
Protection Service: If you find a lower price within 60 days of your
purchase the difference will be refunded
– Purchase Assurance –90-day
coverage in the event of loss, damage, or theft
– Extended Warranty
Insurance–Double the original manufacturer ’s warranty for up to one
additional year
My only question to HSBC is why name it +Rewards when RBC already has a credit card named Rewards+.
Yes, the plus symbol is on the other side but to me it seems like HSBC didn’t research that one tidbit out very well.
If you are someone who purchases annual United Club Memberships or have being eyeing one – the price went up today for US$650 per year or 85,000 miles. Find out more here (This will also be reflected in Guide to Business Class lounge access)
This is year we lost a decent number of no fee cards in Canada! First
it was the American Express Blue Sky Card then the Scotiabank More
Rewards Visa and now we can add the BMO SPC Air Miles and BMO SPC Cash Back
cards to the mix. These two cards have now been discontinued and
cardholders will be moved to other great no fee BMO credit card products
like the BMO AIR MILES Mastercard.
Be sure to check out the EVA Air bonus below that offers bonus Infinity MileageLands (gotta love that name) Miles and status miles on their flights out Vancouver and Toronto this fall!
Posts since our last update:
- Top 5 Credit Card Sign Up offers for August – These cards provide some of the best value out of their welcome bonuses
Here are the Rewards Canada Top 5 Credit Card Sign Up offers for the month of July! This is…
- August 9 Update: Chase Canada to forgive all debt owed on their Canadian Marriott & Amazon Visa cards
Early in 2018 Chase Canada completely shut down their credit card business. At the time they only had two…
Travel Deals
Hilton Asia Pacific 100th Anniversary Sale – Save up to 20% for stays through to February 2020
Fly TAP Air Portugal from Toronto to Lisbon for as little C$315 one way! Find out more here.
Hertz: Save Up To $15 Off Your Next Car Rental with code: 203972. Ends 12/31/19. Find out more here
Remember to visit Rewards Canada’s Travel Booking site to book travel directly with many of your favourite airlines, hotels and more!
Canadian Bonus Offers
EVA Air Infinity MileageLands
–
Earn up to 3,900 Bonus Infinity MileageLands Miles & Status Miles
when you fly on EVA Air / UNI Air international flights including
Toronto or Vancouver to Taipei. More… Sep 1 – Nov 30, 19
Other Bonus Offers
Best Western Rewards
– Double Rewards Points or Airline Miles for stays of 3 or more nights
at the Best Western Plus Yosemite Way Station Motel Mariposa. More… Until Dec 31, 19
Marriott Bonvoy
– 2,000 Bonus Bonvoy Points PER NIGHT for stays at the Courtyard Tokyo Station. More… Until Aug 31, 19
– 2,000 Bonus Bonvoy Points on Thursday-Sunday nights at the Courtyard Washington, DC/U.S. Capitol. More… Until Aug 31, 19
– 1,000 Bonus Bonvoy Points PER NIGHT at the Sheraton Suites Chicago O’Hare. More… Until Sep 30, 19
Singapore Airlines HighFlyer
–
Earn up to 6,000 HighFlyer Points when you join the
corporate HighFlyer program. Receive 3,000 points for joining and 3,000
more when you travel. More… Join by Aug 30 and complete travel by Dec 31, 19
World of Hyatt
– 500 Bonus World of Hyatt points for stays at The Lost Stone Villas & Spa Tengchong City. More… Until Nov 30, 19
–
500 Bonus World of Hyatt points for stays at the Hyatt Zilara Cap Cana or the Hyatt Ziva Cap Cana More… Nov 1 – Jan 31, 20
– 500 Bonus World of Hyatt points for stays at the Hyatt Place Tucson-Central . More… Until Nov 30, 19
– 500 Bonus World of Hyatt points for stays at the Hyatt Place Vacaville. More… Until Nov 30, 19
– OFFER EXTENDED 500 Bonus World of Hyatt points for stays at the Hyatt
House San Jose Airport or the Hyatt Place San Jose Airport. More… Until Nov 30 , 19
– OFFER EXTENDED 500 Bonus World of Hyatt points for stays at the Hyatt Place Santa Barbara. More… Until Nov 30, 19
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