TODO
HSBC Business Mastercard®
Last Updated: Sep 2021
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

Welcome Offers from HSBC

  • OFFER 1
    $6,600 RewardCash
    • New cardholder accumulates spending of HK$60,000 or above within the first 3 months from card issuance
    • Successfully register via www.business.hsbc.com.hk/cardacq on or before 30 April 2022
    • Terms and conditions apply. For more details, please visit HSBC website www.business.hsbc.com.hk/cardacq
  • OFFER 2
    $1,500 RewardCash
    • New cardholder accumulates spending of HK$15,000 to less than HK$60,000 within the first 3 months from card issuance
    • Successfully register via www.business.hsbc.com.hk/cardacq on or before 30 April 2022
    • Terms and conditions apply. For more details, please visit HSBC website www.business.hsbc.com.hk/cardacq
  • OFFER 3
    $400 RewardCash
    • New cardholder accumulates spending of HK$5,000 to less than HK$15,000 within the first 3 months from card issuance
    • Successfully register via www.business.hsbc.com.hk/cardacq on or before 30 April 2022
    • Terms and conditions apply. For more details, please visit HSBC website www.business.hsbc.com.hk/cardacq
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

  • From 31 March 2021 to 31 March 2022 (promotional period), successfully apply for the card can enjoy a 2-year annual fee waiver. Accumulate the following spending amount and complete online registration within the first 3 months from card issuance to enjoy the below offer:
    Requirements Welcome Offer
    Accumulate spending of HK$60,000 or above

    $6,600 RewardCash

    Accumulate spending of HK$15,000 to less than HK$60,000 $1,500 RewardCash
    Accumulate spending of HK$5,000 to less than HK$15,000 $400 RewardCash
    Online Application Offer
    Companies and eligible cardholders who successfully apply via online during promotional period Extra $100 RewardCash
  • 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.
  • Complimentary access to over 70 designated Plaza Premium Lounges around the world or complimentary 15 minutes seated massage service at Plaza Premium Lounge (near Gate 35) / Refreshhh by Aerotel (near Gate 60) in Hong Kong
  • Enjoy a one-way airport limousine service at an exclusive flat rate of HK$300 to or from anywhere in Hong Kong and 8 other designated airport locations upon making a single transaction of HK$500 or above with the card within 30 days prior to booking
  • Enjoy extra 4% off on hotel room bookings on Hotels.com and Hotels.com Rewards: get 1 reward night by staying 10 nights
  • 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

  • Exclusive for HSBC commercial banking customers. Non-HSBC commercial banking customers may visit HSBC Business centres for account opening.
  • 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
Not Applicable
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%
Interest Free Repayment Period
56 days

Other information

Credit card type
Mastercard

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