Applying for an HSBC credit card in the US is a specific but straightforward process. The steps below will guide you through setting up your HSBC credit card US account properly.
This guide explains each step clearly and covers every benefit, rate, and requirement you should be aware of. Use this as your reference before choosing and applying for the right HSBC credit card.
HSBC Credit Cards You Can Apply For
HSBC offers two main credit cards in the US: HSBC Premier Credit Card and HSBC Elite Credit Card. Each has unique features, rewards, and fees.
Understanding these differences helps you pick the card that matches your lifestyle and spending. Below are the breakdowns of both cards.
HSBC Premier Credit Card
The Premier card is geared toward everyday spending and moderate travel use. You must have an HSBC Premier checking account to qualify.
The annual fee is $95, with no cost for authorized users. You can earn up to $1,200 in value the first year and around $600 every year after.
You’ll earn 3x Points on gas and groceries, 2x Points on travel, and 1x Point on all other purchases. If you spend $4,000 within 3 months, you’ll receive 50,000 Welcome Bonus Points, valued up to $625 when used through HSBC Travel.
HSBC Elite Credit Card
The Elite card is designed for frequent travelers and high spenders. It also requires an HSBC Premier checking account.
The annual fee is $495, but authorized users pay nothing. It offers an impressive $2,900 in rewards value in the first year and $2,000 per year after that.
You’ll earn 5x Points on travel, 2x Points on dining, and 1x Point on other purchases. Spend $4,000 in 3 months and earn 60,000 Welcome Bonus Points, worth up to $900 in travel.
Key Benefits and Redemption Options
Each HSBC card gives you access to flexible rewards. You can earn and redeem points in various ways, depending on your spending habits. Some redemptions offer better value than others. Choose the method that best fits your lifestyle. We’ll cover the most common redemption options next. Read carefully to understand what each one offers.
Ways You Can Redeem Points
You earn Points for every purchase, and you can use them across multiple categories. Rewards don’t expire as long as your account is active.
You can redeem for statement credit, gift cards, travel, and more. Here are the main options available:
Travel Rewards
Use points to book flights, hotels, and car rentals. You can also transfer points to 13 travel partners.
Travel redemptions typically offer the best value per point. For example, 20,000 points might be worth $250 toward travel.
It’s one of the most efficient ways to use your rewards. Frequent travelers will benefit the most from this option.
Amazon Shop with Points
You can link your HSBC credit card to Amazon. At checkout, you can use points to cover your purchases. This is convenient for regular Amazon shoppers.
However, it usually gives a lower point value compared to travel. It’s better for small items or frequent online orders. Don’t rely on this for major redemptions.
Cash Back
You can redeem points as statement credits to reduce your bill. The minimum redemption is $25 from purchases made within the last 90 days.
It’s a good way to offset your spending. This option is simple and effective. Statement credits are processed quickly. They directly lower your credit card balance.
Shopping
Choose gift cards or products from hundreds of premium brands. This option is flexible for non-travel users.
Browse the catalog on the HSBC Rewards website. Redemptions vary in value. Some gift cards offer better rates than others. Always compare before redeeming.
How to Redeem Online?
Redeeming points online is quick and user-friendly. Just log into HSBC Online Banking.
Select your credit card and click on “Manage” then “View and redeem rewards.” Browse your options and follow the prompts.
The process is straightforward and can be completed in minutes. Your redemption will reflect in your HSBC Rewards account within a business day.
Interest Rates and Important Fees
Knowing the interest rates and fees helps you decide if the card is worth it. Both cards share some fee structures, but redemption values differ.
APR and Annual Fees
APR for purchases and balance transfers ranges from 20.24% to 24.24% (variable). There are no foreign transaction fees. The Premier card has a $95 annual fee, while the Elite card charges $495.
Statement Credit Terms
You can only redeem points for statement credit if the purchase was made in the last 90 days. For Premier cards, each point equals $1 per 100 points for any eligible purchase. For Elite cards, travel-related redemptions have higher value at $1.25 per 100 points.
The minimum redemption is $25. There’s no annual or lifetime limit to how many points you can redeem. Just remember, redemptions don’t count toward minimum monthly payments.
Who Is Eligible to Apply?
Before applying, make sure you meet these conditions. HSBC credit cards in the US are not open to everyone. You must meet account and residency standards.
Eligibility Criteria
Make sure you meet these specific conditions before applying. This ensures you avoid application delays or rejections.
- You must have a U.S.-based HSBC Premier checking account.
- You must be at least 18 years old.
- You need a valid Social Security Number (SSN).
- A good to excellent credit score is recommended (680+).
- You must be a U.S. resident with verifiable financial information.
If you don’t have an HSBC checking account, you must open one before applying for a credit card.
Application Process for HSBC Credit Card
The application process is done online and only takes a few minutes. Follow these steps to apply safely and successfully.
Step-By-Step Application Guide
Here’s a simple breakdown to help you apply for your HSBC credit card quickly. Follow each step carefully to complete your application without errors.
- Visit the official HSBC US Credit Cards page.
- Click on “Check eligibility and apply” for the card you want.
- Log in or register your HSBC account.
- Complete the application form with your personal and financial details.
- Submit and wait for approval status, usually within 24–48 hours.
- Approval times can vary depending on your credit and verification process.
Customer Support and Help
If you need help during your application, it provide dedicated support. You can reach them by phone, online, or through their official website.
Phone assistance is available 24/7 for Premier clients. Secure messaging is also offered once you’re logged into online banking.
All contact methods are reliable and fast. Use them if you encounter any issues or need account details clarified.
- Phone: 1-800-975-4722 (HSBC Premier Service Center)
- Online Banking: Use secure messaging once logged in
- Website: www.us.hsbc.com
- Mailing Address: HSBC Bank USA, N.A., P.O. Box 9, Buffalo, NY 14240
- Customer support is available 24/7 for Premier clients.
Final Thoughts Before You Apply
Getting an HSBC credit card in the US can be rewarding if you’re already a Premier account holder. The Premier and Elite cards offer strong bonuses, flexible rewards, and good travel perks.
Make sure your spending habits match the reward structure. Review the requirements, follow the steps, and apply online when ready.
Disclaimers: Review all the fine print before applying or redeeming rewards. You must keep a Premier checking account to retain your credit card eligibility.
