Annual fee
£0
Rewards rate
2%-1.5%
Welcome Bonus
20,000 reward points
Apply Now →on HSBC's website
Regular APR:29.9% variable
- 2%Points earned on foreign currency spending
- 1.5%Points earned on UK spending
Welcome Bonus:
Receive 20,000 reward points when you spend £2,000 in the first 90 days.
Reward Rate:
Earn 1.5 points per £1 in Sterling and 2 points per £1 in foreign currency.
APR:
29.9% variable
This card is best suited for those who want a no-annual-fee option while still earning rewards, particularly for international spending, making it a practical choice for travelers.
Pros:
- No annual fee
- Good rewards on foreign spending
Cons:
- Requires HSBC Premier account
- Limited benefits compared to premium cards
The HSBC Premier Credit Card offers a fee-free option with competitive reward rates, making it particularly beneficial for frequent travelers who value earning rewards on international purchases. This card is well-suited for individuals seeking a straightforward rewards program without the burden of annual fees.