Unlimited Cash Rewards with the HSBC Cash Rewards Mastercard® credit card
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If your spending falls into many different purchase categories, cards with rotating rewards categories can be a hassle and particularly difficult to manage. A flat-rate rewards card like the can often provide more rewards and convenience.
Why We Like This Card
- Bonus offer of $150 cash rewards after meeting spend requirements
- Unlimited 1.5% cash back
How This Card Works
This card awards unlimited 1.5% cash back on all purchases.
Bonus Offer. Earn $150 cash rewards after spending $500 in the first 3 months.
You can redeem your cash rewards for cash, gift cards, merchandise, and travel.
Anniversary bonus. Each year, you get a 10% anniversary bonus on the cash rewards you’ve earned. As an example, if you’ve earned $500 in cash rewards, your anniversary bonus would be $50. (See also: Best Cards with Anniversary Bonuses)
Travel and shopping benefits. This card includes travel benefits such as MasterAssist, Master RoadAssist Roadside Services, and $1 million in travel accident insurance. You also get shopping benefits like extended warranty, purchase protection, and identity theft resolution services.
- $0 Annual Fee
- 0% Intro APR for 15 months on balance transfers, then a 14.49%, 18.49% or 24.49% variable APR.
- 4% Balance Transfer Fee (minimum $10, whichever is greater)
- $0 Foreign Transaction Fee
0% intro APR for balance transfers. If you’re working on paying down a balance on another card, you can transfer it and pay it down in 15 months at 0%. This is one of the longer offers currently available for 0% balance transfers. (See also: Best Cards for 0% Balance Transfers)
Flat rate of rewards. If you aren’t a fan of rotating categories or specific rewards categories, you’ll like the convenience of the flat rate of rewards you get with this card. All purchases earn 1.5% cash rewards, without any caps or limits. (See also: Best Cards for Flat Rate Rewards)
No foreign transaction fee. If you frequently make purchases outside of the US or travel abroad, you don’t have to worry about paying a foreign transaction fee when you use this card. (See also: Best Credit Cards With No Foreign Transaction Fees)
Who This Card Is Best For
This card is best for those whose spending varies and prefer the convenience of a flat-rate rewards card over cards which only award specific categories. It is also ideal if you need to transfer and pay down a balance from another card, or if you travel abroad and wish to avoid paying foreign transaction fees.