Spending just got more rewarding
With an HSBC Premier World Mastercard, you can choose to earn Rewards Plus or Qantas Points. The perks continue at home and away, with exclusive discounts, complimentary travel insurance, and so much more.
- Unlock premium benefits and perks from your chosen rewards program
- Get 0% p.a. interest on balance transfers for 12 months[@cards-balance-transfer-offer] (2% balance transfer fee applies)[@cards-2-percent-balance-transfer-fee]
- Share the benefits with those close to you, with no additional cardholder fees[@additional-cardholder]
Rates
Interest-free period on purchases Up to 55 days[@cards-up-to-55-days]
Interest rate for purchases19.99% p.a.
What you get with an HSBC Premier World Mastercard
Your card, your choice
Choose the rewards program that works best for you.
Rewards Plus
The HSBC Rewards Plus program lets you earn points and transfer them to other airline reward programs, or redeem for cashback or gift cards
- Enjoy $0 annual fee in the first year ($199 afterwards)[@cards-premier-annual-fee]
- Earn 1.5 Rewards Plus points per $1 spent on eligible purchases, up to $120,000 spent per year[@cards-premier-rewards-plus-points]
- Redeem your points for cashback, gift cards, or travel
Qantas Rewards
Your Qantas Points will take you where you want to go.
- Enjoy $0 annual fee in the first year ($399 afterwards)[@cards-premier-annual-fee]
- Earn 1.5 Qantas Points per $1 spent on eligible purchases, up to $120,000 during the first 12 months of your account, and 1 Qantas Point per $1 in subsequent years[@cards-premier-qantas-points]
- Unlock bespoke offers from 27,000 local and global retail partners with our home&Away Privilege Program[@accounts-homeaway]
Get even more with your Premier World Mastercard
- Complimentary travel insuranceGet domestic and international travel insurance with rental vehicle excess insurance in Australia, transit accident insurance, extended warranty insurance, and purchase protection insurance[@cards-complimentary-insurance]
- Airport lounge passesTravel in style with 2 airport lounge passes every year with Mastercard Travel Pass, provided by DragonPass[@cards-loungekey-mastercard]
- My Card ControlsUse My Card Controls to help keep your spending safe with transaction limits and the ability to lock or unlock your card.
- HSBC Instant SavingsDiscover over 4,500 ways to save when you get the HSBC Instant Savings app – learn more [@cards-instant-savings-tnc]
Why choose HSBC?
Award-winning credit cards
Our Credit Cards were part of why we were awarded the Canstar Bank of the Year for Everyday Banking 2020-2024.
Card fees and features
| Fees and features | Details |
|---|---|
| Interest rate for purchases | 19.99% per year |
| Interest-free period[@cards-up-to-55-days] | Up to 55 days |
| Interest rate for cash advances | 21.99% per year |
| Annual fee with Rewards Plus | $199 ($0 in the first year)[@cards-premier-annual-fee] |
| Annual fee with Qantas Rewards | $399 ($0 in the first year)[@cards-premier-annual-fee] |
| Balance transfer rate (introductory)[@cards-balance-transfer-offer] | 0% for the first 12 months |
| Balance transfer fee[@cards-2-percent-balance-transfer-fee] | 2% of the balance transferred |
| Cash advance fee | 3% or $4, whichever is higher |
| Overseas transaction fee | 3% |
| Additional cardholder fee (cardholder must be over 16 years old)[@additional-cardholder] | $0 |
| Minimum income requirement | $75,000 per year |
| Minimum credit limit | $10,000 |
| Late payment fee | $30 |
| Fees and features | Interest rate for purchases |
|---|---|
| Details | 19.99% per year |
| Fees and features | Interest-free period[@cards-up-to-55-days] |
| Details | Up to 55 days |
| Fees and features | Interest rate for cash advances |
| Details | 21.99% per year |
| Fees and features | Annual fee with Rewards Plus |
| Details | $199 ($0 in the first year)[@cards-premier-annual-fee] |
| Fees and features | Annual fee with Qantas Rewards |
| Details | $399 ($0 in the first year)[@cards-premier-annual-fee] |
| Fees and features | Balance transfer rate (introductory)[@cards-balance-transfer-offer] |
| Details | 0% for the first 12 months |
| Fees and features | Balance transfer fee[@cards-2-percent-balance-transfer-fee] |
| Details | 2% of the balance transferred |
| Fees and features | Cash advance fee |
| Details | 3% or $4, whichever is higher |
| Fees and features | Overseas transaction fee |
| Details | 3% |
| Fees and features | Additional cardholder fee (cardholder must be over 16 years old)[@additional-cardholder] |
| Details | $0 |
| Fees and features | Minimum income requirement |
| Details | $75,000 per year |
| Fees and features | Minimum credit limit |
| Details | $10,000 |
| Fees and features | Late payment fee |
| Details | $30 |
What you need to know
Card tradeoffs
Compared to the HSBC Low Rate Credit Card, the HSBC Premier World Mastercard has a:
- Higher annual fee and higher purchase interest rate
- Higher overseas transaction fee
Compare our credit cards
You can find out more about our credit cards and compare them with the HSBC Premier World Mastercard Credit Card - compare our credit cards.
Are you eligible?
To apply for an HSBC Premier World Mastercard, you'll need to:
- Have HSBC Premier customer status in Australia
- Earn at least $75,000 a year
- Have a good credit rating
You may need to provide some identification and proof of address, income and employment to apply.
Ready to get started?
New to HSBC
If you've never banked with us before, you can leave us your details and we'll get back to you about your HSBC Premier World Mastercard Credit Card. We recommend using the latest version of Chrome or Safari to do so.
Existing HSBC customers
If you're already an HSBC Premier customer, you can call us on 1300 301 168 or on +61 2 9005 8192 (if you're overseas) – our lines are open 24/7. You can also enquire about this credit card via online banking.
If you're an HSBC customer but you don't have a Premier account yet, you'll need to apply for HSBC Premier before you get this credit card.
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Important information
Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL and Australian Credit Licence 232595.
Fees, charges, terms, conditions and HSBC's lending criteria apply to all credit cards issued by HSBC. Go to www.hsbc.com.au or call 1300 308 880. Interest rates are valid at the time of publication and are subject to change. See terms and conditions for more information. See Target Market Determinations for our products.
Available to new, approved customers who apply for the HSBC Premier World Mastercard. Offer is not available for product transfers or in conjunction with any other offer. HSBC may change or end this offer at any time.