HSBC Rewards Credit Card
Representative APR
23.9% APR (variable)
Purchases
0% for up to 6 months, then 23.90% (variable) p.a.
Balance Transfers
0% for 6 months, then 23.90% (variable) p.a. (2.99% fee)
Account Fees
£0
Representative Example:
At an assumed credit limit of £1,200, with a purchase rate of 23.90% (variable) p.a., most accepted customers get a rate of 23.9% APR (variable).
Editor’s Note: While we always aim to give you accurate product information at the point of publication, rates, prices, terms and promotions can always be changed by the provider afterwards and without notice, so be sure to double check first.
Our Verdict
The HSBC Rewards credit card is designed for HSBC customers, offering a points scheme on purchases made in GBP with no annual fees. Cardholders also earn double points on purchases made in other currencies, making it a versatile rewards card for local and international spending.
Important: The information contained in this table summarises key product features and is not intended to replace any terms and conditions from the card issuer.
Product Features & Benefits
| Issuer | HSBC |
|---|---|
| Network | Mastercard |
| Primary Category | Rewards |
| Loyalty Scheme | Points |
| Incentive on opening | Get 2,500 welcome points worth £25 when you make your first transaction on your card. Get another 2,500 bonus points when you spend £10,000 or more on your card in the first year. Always check the terms offered to you. |
| Cashback/Rewards (if applicable) | For every £1 of eligible spend, you’ll earn 1 reward point if it’s in sterling or 2 reward points if it’s in another currency. |
| Account Fee | £0 |
| Purchases | 0% for up to 6 months, then 23.90% (variable) p.a. |
| Purchases Interest Free Period | 56 days |
| Balance Transfers | 0% for 6 months, then 23.90% (variable) p.a. (2.99% fee) |
| Balance Transfer Fee | 2.99% |
| Cash Advances | 29.90% (variable) p.a. (fees apply) |
| Minimum Credit Limit | £ 500.00 |
| Maximum Credit Limit | Subject To Status |
Fees & Charges
| Account Fee | £0 |
|---|---|
| Late Payment | £ 12 |
| Returned Payment | £ 5 |
| Exceed Limit | £ 12 |
| Duplicate Statement | £ 0 |
| Replacement Card | £ 0 |
| Trace Fee | £ 0 |
| Cash Withdrawal Fee | 3% |
| Cash Withdrawal Minimum Charge | £ 3 |
| Foreign Usage EU | 2.99% |
| Foreign Usage World | 2.99% |
Application Requirements
| Availability | Available to existing customers who hold a Standard, Advance or Premier account and have paid a total of £1750 a month into your account over the last 6 months. This total can't include money transferred from other sole or joint personal accounts held with HSBC UK |
|---|---|
| Minimum Income | £ 6,800 |
| Minimum Age | 18 |
| Residency | Permanent resident in the UK. |
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34.4% Representative APR (variable)
Mintify Limited, trading as Mintify, is an Introducer Appointed Representative of Creditec Limited who acts as a credit broker, not a lender.
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