Credit card

HSBC Rewards Credit Card

Points

MASTERCARD

Apply for HSBC Rewards Credit Card

On HSBC UK's secure site

Compare similar cards

Credit card HSBC UK Mastercard

Card review

HSBC Rewards Credit Card

4.4 8.8/10 DebitCue Score Verified Jun 20, 2026

Earn reward points on every eligible purchase

Fee: No fee
Purchase APR: from 26.9%
Interest-free: -
Foreign fee: 2.99%

Rewards

Earn 1 HSBC point per £5 spent (0.2 pts/£1) on everyday purchases, plus up to 10 points per £1 at selected retailers via Mastercard Pay with Rewards. 2,500 anniversary bonus points each year (up to 5 years) when annual spend exceeds £10,000. Points worth approximately 0.2–0.33p each for vouchers or up to ~1p when transferred to airline partners.

Welcome offer

Up to 5,000 bonus points (worth £50): 2,500 points on first transaction plus 2,500 points when spending £500 in first 90 days (offer end date July 2026)

Our verdict

What stands out, and where it falls short.

What we like

Earn 1 HSBC point per £5 spent (0.2 pts/£1)…
Welcome bonus
No card fee

Worth weighing

2.99% foreign transaction fee

Who It Is For

Whether the HSBC Rewards Credit Card fits how you actually spend.

Pick it if you are

Anyone who wants a low-cost everyday card
People who want rewards on their spending

Skip it if you are

Frequent international travelers

Rates and fees

As of June 20, 2026

All amounts shown in GBP.

Card fee: No fee
Purchase APR: from 26.9%
Interest-free period: -
Foreign transaction fee: 2.99%
Representative APR: 26.9% variable
Introductory purchase offer: 0% for 6 months from account opening
Introductory balance transfer offer: 0% for 6 months (2.99% fee, min £5)
Non-sterling transaction fee: 2.99%

Rewards and features

Rewards: Earn 1 HSBC point per £5 spent (0.2 pts/£1) on everyday purchases, plus up to 10 points per £1 at selected retailers via Mastercard Pay with Rewards. 2,500 anniversary bonus points each year (up to 5 years) when annual spend exceeds £10,000. Points worth approximately 0.2–0.33p each for vouchers or up to ~1p when transferred to airline partners.
Welcome offer: Up to 5,000 bonus points (worth £50): 2,500 points on first transaction plus 2,500 points when spending £500 in first 90 days (offer end date July 2026)
Pay with: Apple Pay, Google Pay, Contactless
Points earn rate (everyday): 1 point per £5 spent; up to 10 points per £1 at selected retailers
Anniversary bonus: 2,500 points per year (years 1–5) when spending £10,000+ annually

Benefits and perks

Extras that come bundled with the card.

Section 75 Consumer Credit Act protection (£100–£30,000)

HSBC Rewards Credit Card: your questions answered

Does the HSBC Rewards Credit Card have a card fee?

No - the HSBC Rewards Credit Card has no card fee.

What rewards does the HSBC Rewards Credit Card earn?

The HSBC Rewards Credit Card earns Earn 1 HSBC point per £5 spent (0.2 pts/£1) on everyday purchases, plus up to 10 points per £1 at selected retailers via Mastercard Pay with Rewards. 2,500 anniversary bonus points each year (up to 5 years) when annual spend exceeds £10,000. Points worth approximately 0.2–0.33p each for vouchers or up to ~1p when transferred to airline partners..

Does the HSBC Rewards Credit Card charge foreign transaction fees?

Yes - the HSBC Rewards Credit Card charges a 2.99% foreign transaction fee.

What is the interest rate on the HSBC Rewards Credit Card?

The HSBC Rewards Credit Card has a purchase APR of from 26.9%.

Does the HSBC Rewards Credit Card have a welcome offer?

Yes - Up to 5,000 bonus points (worth £50): 2,500 points on first transaction plus 2,500 points when spending £500 in first 90 days (offer end date July 2026).

Is the HSBC Rewards Credit Card a credit, debit or prepaid card?

The HSBC Rewards Credit Card is a credit card issued by HSBC UK on the Mastercard network.

Does the HSBC Rewards Credit Card support Apple Pay and Google Pay?

Yes - the HSBC Rewards Credit Card works with both Apple Pay and Google Pay.

Where can I get the HSBC Rewards Credit Card?

The HSBC Rewards Credit Card is currently offered in United Kingdom.

How does DebitCue rate the HSBC Rewards Credit Card?

DebitCue rates the HSBC Rewards Credit Card 4.4 out of 5 (8.8/10), scored on the same factors as every card - fees, rewards, perks and ease of use.

How do I apply for the HSBC Rewards Credit Card?

Use the Apply now button to continue on HSBC UK's secure site. Comparing and applying through DebitCue is free.