HSBC Waives Annual Fees For New Premium Credit Cards

Saturday, November 25th, 2017
Updated: November 25th, 2017
The content is accurate at the time of publication and is subject to change.

Most elite travel rewards credit cards charge steep annual fees. But a new luxury credit card from HSBC is offering cardholders free membership, in addition to a number of other valuable perks. The HSBC Premier World Elite Mastercard credit card comes with travel perks including rewards on airfare and hotel spending, as well as rewards on train fare and ride-sharing costs with Uber and Lyft.

The card itself looks like a premium card, with its sleek, metal design. It lets customers earn 50,000 rewards points when they spend $4,000 or more in the first three months they have the card; that’s one of the biggest signup bonuses on the market. It has no foreign transaction fees, offers three points per dollar spent on travel, two points per dollar spent on dining, and one point per dollar on all other spending.

Valuable travel rewards

The HSBC Premier World Elite Mastercard also offers a $100 travel statement credit each year, paying cardholders back for spending on flights, baggage fees, upgrades, or onboard purchases. For those who want to speed through airport security lines with ease, there is an $85 application fee credit for TSA Pre-check service. A free LoungeKey membership gives access to over 850 airport lounges worldwide.

You don’t have to fly to enjoy the benefits of this card, either. Cardholders get up to $100 in yearly statement credits for Uber and Lyft rides, and can get free Wi-Fi access at over a million Boingo hotspots across the globe. The LoungeKey membership also offers 15% off at duty free shops, restaurants, spas, and airport shops. And 24/7 concierge service ensures cardholders can always have their questions answered when they’re on the road or at home.

No annual fee, and a zero-interest offer

Besides waiving the annual fee for this luxury travel rewards card, HSBC is offering a 0% APR for the first 18 months, no penalty APR, and no fee on the first late payment per year. As a signup bonus, they give new cardholders $150 cash back on $500 of spending in the first three months they have the card, plus a 10% anniversary bonus on all cash back earned each year.

All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.

Latest Credit Card Fees News

Tuesday, June 5th, 2018
Good news for entrepreneurs and small business owners: there’s a new rewards credit card that gives unlimited cash back and has no annual fee.
Friday, August 18th, 2017
For anyone who’s looking to repair damaged credit, establish a credit history from scratch, or just boost their credit score, a secured credit card can be a great option. And now ...
Wednesday, March 15th, 2017
There’s a new cash rewards credit card on the market, and it’s got no caps on spending, no hidden fees, and no revolving categories to keep track of.
Tuesday, October 25th, 2016
For people with limited credit, bad credit, or no credit history at all, secured credit cards are a huge help. They let folks who might otherwise have trouble getting a credit ...
Thursday, August 13th, 2015
MasterCard is going to move fraud protection to the next level. The company will start a test of their new program which approves online purchases with a facial scan.
Horizon Card Services Horizon Gold Credit Card
Copyright © 2001-2018 All Rights Reserved.

*See the credit card's terms and conditions on the online application page. Note that this website may be compensated by credit card issuers when the visitor applies for a card through the links on this website. We do our best to maintain all information accurate and up to date. However, we do not warrant the credit card information won't change. Click the "Apply Online" button and review the current info on the secure credit card terms page.

Information in these articles is brought to you by Banks, issuers, and credit card companies mentioned in the articles do not endorse or guarantee, and are not responsible for, the contents of the articles.

The webpage is a free service and an information resource for credit cards and financial products and services available to eligible United States consumers. does not offer any warranties and is not a direct service. There are no guarantees for approval or offers when applying for a credit card. Please refer to the application if you would like more information on each credit card. When you click "Apply" for a particular credit card, please take the time to review the terms and conditions of the product/service at the issuer's website. All logos on the website are property of their respective owners.

Disclaimer: This editorial content is not provided or commissioned by the credit card issuer. Opinions expressed here are the author's alone, not those of the credit card issuer, and have not been reviewed, approved or otherwise endorsed by the credit card issuer. Reasonable efforts are made to present accurate info, however all info is presented without warranty. Consult a card's issuing bank for terms & conditions. makes every effort to keep information up to date and accurate. However, the information regularly changes and is presented without warranty. Therefore, we strongly recommend all our readers to visit the credit card application page by clicking "Apply Online!" button to review the detailed credit card's terms and conditions. Note that may be compensated by the credit card issuers when the readers apply for a credit card through this site. is an independent, advertising-supported website which receives compensation from the credit card issuers and companies whose offers appear on the site. Compensation may impact how and where products appear on our site, including, for example, the order in which they may appear on the site pages. does not review or list all available financial or credit offers.

Disclosure: Not an access card.

You've successfully subscribed!

Please specify the following:All these fields are optional

Thank you for providing this information! We will make sure our letters are useful for You.

User Generated Content Disclaimer: These responses are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser's responsibility to ensure all posts and/or questions are answered.