TODO

HSBC Business Mastercard®

Last Updated: May 2023
56
days

Interest Free Repayment Period

$
25
/mile

Local Spending - Air Miles Conversion

HSBC World Business Mastercard on online and overseas spending: HK$12.5 = 1 Mile ; on local spending: HK$25 = 1 Mile
$
12.5
/mile

Overseas Spending - Air Miles Conversion

HSBC World Business Mastercard on online and overseas spending: HK$12.5 = 1 Mile; HSBC Platinum Business Mastercard on overseas spending: HK$25 = 1 Mile
HSBC World Business Mastercard Online & Overseas Spending 0.8% RewardCash rate / Online & Overseas Spending – Air Miles Conversion HK$12.5/mile
First two years annual fee waiver
Annual Fee Waiver
Airport Lounge

Great for

  • Earn $2 RewardCash for every HK$250 online & overseas spending with HSBC World Business Mastercard; earn $1 RewardCash for every HK$250 local (non-online) spending with HSBC World Business Mastercard / for every HK$250 spending with HSBC Platinum Business Mastercard
  • Register for Cash Rewards Scheme to automatically convert RewardCash into an equivalent amount of cash credit every month (i.e. every $1 RewardCash equals HK$1 cash credit)
  • Enjoy extra merchant discount or offer and earn up to 5% automatic rebate on qualified purchases at any participating merchant, including dining purchases, hotel stays, car rentals, office products etc.
  • Up to 4 complimentary access per calendar year to over 70 designated Plaza Premium Lounges around the world
  • Free travel insurance for up to seven days upon tickets purchase with World Business Mastercard
  • Protect against accidental damage and theft for your mobile phone up to USD600 per occurrence and up to USD1,000 annually if phone bill is charged to HSBC World Business Mastercard
  • Free corporate liability coverage up to USD1.5 million per company per year
  • Complimentary 1GB 5-day Global Data Roaming pass per cardholder per year and 15% discount on subsequent data plans on Flexiroam X mobile app with World Business Mastercard
  • e-Commerce purchase protection with coverage up to USD500 per occurrence and annually for protecting online purchase when the item does not arrive, arrived damaged or does not match the seller’s description, and seller failed to refund
  • Receive statements with consolidated view of expenditure
  • Enjoy year-round discounts and offers from a range of hotels and restaurants and other companies
  • 24-hour customer service hotline, including worldwide emergency services

Need to know

  • Non-HSBC commercial banking customers may open an account online via the HSBC website or visit HSBC Business Centres.
  • If a company applies for an HSBC Business Mastercard for a cardholder during the promotional period, the cardholder is not entitled to the welcome offer and the additional online application reward under following circumstances:

    • cancel card during the same period or cancel in the six months immediately before the issue date of the card collection advice, any VISA/ Mastercard branded Business Card, Corporate Card or Purchasing Card issued by HSBC
    • the cardholder already is holding a valid VISA/ Mastercard branded Business Card, Corporate Card or Purchasing Card issued by HSBC at the request of the same company
    • the company makes an application to convert an existing card to a new HSBC Business Mastercard for the same cardholder

Year-round rewards

Local Spending
0.4%
(Non-direct Cashback) HSBC World Business Mastercard on online and overseas spending: 0.8% cashback ; on local spending: 0.4% cashback
Overseas Spending
0.8%
(Non-direct Cashback) HSBC World Business Mastercard on online and overseas spending: 0.8% cashback ; HSBC Platinum Business Mastercard on overseas spending: 0.4% cashback

Eligibility

Minimum Age
18 years old
Min. Annual Income
Not Applicable

Fees

Annual fee
HK$300 - HK$980
Foreign Currency Transaction Fee
1.95%

Repayment

Minimum Payment
Total fees and charges currently billed to the card statement plus 1% of the statement balance (excluding any fees and charges currently billed) as at the statement date (minimum of HKD50) plus overdue or overlimit due whichever is higher
Late payment charge
Minimum Payment Due or HK$250, whichever is the lower
Retail Purchase APR
34.46%
Cash Advance APR
35.61% (Cash Advance Transaction Fee: Cash advance fee 2% + handling fee of 3% on the amount of advance or min. HK$55)
Interest Free Repayment Period
Uo to 56 days
Uo to 56 days

Other information

Credit card type
Mastercard

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