Annual fee
£290
Rewards rate
4%-2%
Welcome Bonus
40,000 reward points
Apply Now →on HSBC's website
Regular APR:100.2% APR (variable)
- 4%Points on foreign currency spend
- 2%Points on UK spend
Welcome Bonus:
Receive 40,000 reward points when you spend £2,000 in the first 90 days.
Reward Rate:
Earn 4 points for every £1 spent abroad and 2 points for every £1 spent in the UK.
APR:
100.2% APR (variable)
What sets the HSBC Premier World Elite Mastercard apart is its generous rewards structure, offering 4 points per £1 spent abroad, making it a strong choice for international travelers.
Pros:
- Unlimited lounge access
- Comprehensive travel insurance
Cons:
- High annual fee
- Requires Premier account
The HSBC Premier World Elite Mastercard is well-suited for frequent international travelers who can take advantage of its high reward rate on overseas spending and who are comfortable with the associated annual fee of £290. Additionally, the welcome bonus of 40,000 reward points provides a significant incentive for those looking to maximize their rewards.