Anúncios
The HSBC Elite Credit Card is a premium card for consumers looking for great benefits and exclusive advantages, especially when traveling.
There is a flexible points program with 3x points on travel purchases, including flights, hotels and car rentals, 2x points on dining and entertainment services and 1x points on all other purchases.
In addition to the benefits, this card includes premium benefits such as free airport lounge access with LoungeKey, annual travel credit and comprehensive insurance.
Ideal for frequent travelers who want to maximize their benefits and enjoy exclusive advantages around the world.
Although the annual fee is high, the benefits and advantages of the HSBC Elite credit card can offset the cost for consumers who make the most of the features the card has to offer.
HSBC Elite
Earn premium Transaction feesHow does the HSBC Elite credit card works?
The HSBC Elite credit card offers a competitive rewards program based on the points you earn. Cardholders earn: 3x points on travel purchases, including flights, hotels, car rental and more.
Earn 2x points on food and entertainment services, including concert and event tickets. Earn 1x points when making other purchases with your Card
The points you earn can be redeemed in the HSBC Rewards program, which gives you the flexibility to redeem flights, hotel stays, gift cards and statement credits. You can also transfer your points to our loyalty program partners.
This card includes additional benefits such as access to over 1,000 airport lounges via LoungeKey, up to US$400 in annual travel credits and premium cover such as travel insurance and international medical assistance.
Main benefits of HSBC Elite
One of the main benefits of the HSBC Elite credit card is the Accelerated Rewards Program, which offers 3x points on travel purchases and 2x points on restaurants and entertainment for holding the card in relevant categories.
Guaranteed free access to VIP lounges in airports around the world, LoungeKey access is a great attraction for frequent travelers, providing comfort and convenience during their trip.
Another important benefit is a travel-related expense credit of up to US$400 per year, which can be used for tickets, hotels and other services.
The card includes comprehensive insurance, including baggage delay, trip cancellation and international medical assistance, giving cardholders additional peace of mind.
You will be redirected to the official website
Cons of HSBC Elite
Although the HSBC Elite credit card has premium benefits, it also has some disadvantages. The main reason is the high annual fee, which may not be reasonable for consumers who don’t take full advantage of the benefits.
Another thing to consider is that, despite the generous benefits, the HSBC Points program is not as competitive as some premium cards that offer more transfer options to airline or hotel loyalty programs.
Approval for this card requires a good credit history, making it out of reach for consumers with limited or average credit.
APR and fees
The APR on the HSBC Elite credit card ranges from 21.74% to 8.74% depending on the customer’s creditworthiness. There is no introductory APR period, which can be a disadvantage for those wishing to make large purchases or transfer balances.
The card has an annual fee of $395, which can be offset by perks such as a $400 annual travel credit. In addition, there are no international transaction fees, making it ideal for travelers who make frequent purchases abroad.
Other fees, including late payment fees and cash withdrawal fees, should be avoided to keep costs down.
These fees are automatically deducted from the initial credit limit, temporarily reducing the amount cardholders can spend until balances are repair.
How to apply for the HSBC Elite
You can apply for the HSBC Elite credit card online on the official HSBC website or by speaking to a customer representative if you already have an account with the bank.
This process requires basic information such as name, address, annual income and financial history, as well as a thorough credit analysis.
Approved cardholders will receive a physical card in the mail and can immediately activate the digital version for online purchases or with digital wallets such as Apple Pay or Google Pay.
Your Card is managed through the HSBC Mobile Banking app, which allows you to track transactions, check your points balance and redeem benefits from the HSBC Rewards program.
To make the most of their benefits, cardholders should focus their spending on categories where they can earn more points and take advantage of travel perks such as annual credits and access to lounge keys.
