HSBC Rewards Credit Card 2026 Review

Mika L.
Written by Mika L.
Financial Content Writer
Mat C.
Edited by Mat C.
Managing Editor & Senior Developer

HSBC Rewards Credit Card4.6/5

HSBC

Annual fee
£0
Rewards rate
1%-0.25%
Welcome Bonus
£25
Apply Now →on HSBC's website
Regular APR:26.9% APR (variable)

  • 1%Cashback on supermarket spending
  • 0.25%Cashback at supermarket petrol stations and everywhere else

Welcome Bonus:

Get 2,500 points (worth £25) as a welcome bonus when you make your first transaction.

Reward Rate:

Earn 1% back in Rewards on supermarket spending (0.25% at supermarket petrol stations and everywhere else).

APR:

26.9% APR (variable)

The HSBC Rewards Credit Card shines for its straightforward rewards structure, offering 1% cashback on supermarket spending, which is particularly beneficial for frequent grocery shoppers. Additionally, the welcome bonus adds immediate value, making it an attractive option for new cardholders.

Pros:

  • No annual fee
  • Welcome bonus on first transaction

Cons:

  • Higher APR
  • Limited cashback categories
Apply now →

The HSBC Rewards Credit Card is well-suited for individuals who frequently shop at supermarkets and prefer a simple rewards program without an annual fee. Its cashback structure and welcome bonus make it a practical choice for those looking to maximize rewards on everyday purchases.

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