New Offer: Up to 14% cashback with HSBC Cash Rewards Mastercard

by Anshul
1 comment

Points Miles and Bling (blog) contains referral or affiliate links. The blog receives a small commission at no additional cost to you. Thank you for your continued support. Credit Card issuers are not responsible for maintaining or monitoring the accuracy of information on this website. For full details, current product information, and Terms and Conditions, click the link included.

HSBC Cash Rewards Mastercard has an exciting new offer for potential customers, an additional 12.5%* cashback on all purchases for the first 180 days (up to $1,000 in total purchases). This offer is valid for all applications approved by May 31, 2023. For online purchases, this bumps the offer to 14%* cashback, or $140 return when purchasing something worth $1000. Lets take a closer look at the core card features;

HSBC Cash Rewards Mastercard® – Apply Now


HSBC Cash Rewards Mastercard


  • Annual Fee: $0
  • Welcome Bonus: Apply by May 31, 2023 (Conditions apply) and earn;
    • Additional 12.5%* cash back on all purchases for the first 180 days (up to $1,000 in total purchases);
      • 14%* cash back on eligible online purchases
      • 13.5%* cash back on eligible gas, grocery and drugstore
      • 13%* cash back on all other everyday purchases
    • Offer for Quebec Residents: $125 cash back on keeping account active for six months
  • Earning Rate (after 180 days):
    • 1.5% cash back for every $1 (up to $6000) spent on eligible online purchases, including streaming services, online subscriptions, and food delivery.
    • 1% cash back for every $1 spent on eligible gas, grocery and drugstore purchases
    • 0.5% cash back for every $1 on all other everyday purchases
  • Additional Benefits:
    • Insurance Coverage
      • Mobile Device Insurance – Coverage of up to $1,000 if your eligible mobile device is lost, stolen, accidentally damaged, or experiences mechanical failure
      • Extended Warranty Insurance – Automatically doubles the original manufacturer’s warranty for up to one additional year
      • Purchase Assurance – 90 day coverage in the event of loss, damage or theft for eligible items

Take Away

With the additional 12.5%* cashback for the first six months, cardmembers can earn as much as 14%* cashback on online purchases, a very strong incentive on a no-annual fee card. On redemption front, its pretty straightforward as well and members can claim their cashback rebate with minimum $25 in their rewards account. HSBC Canada’s expansion of credit card portfolio especially with no-annual fee products, is only good news for Canadian households. More the merrier.


Title Image: HSBC Canada

1 comment

Leave a Comment

You may also like