HSBC Premier World Mastercard
Be rewarded for being an HSBC Premier customer. Earn HSBC Rewards Plus points on your everyday spend to redeem for cashback, gift cards and more.
- Purchase rate
- 19.99%
- Annual fee
- $199.00
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Purchase | 19.99% | — | — |
| Cash advance | 21.99% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Overlimit Arrangement Fee Payable when your informal request for a credit limit increase is agreed. | Event | $30.00 |
| Late Payment Reminder Fee Payable on or after the day an amount is due for payment and has not been paid. | Late payment | $30.00 |
| Overseas Transaction Fee Payable when you make a transaction on your account in a currency other than Australian dollars, or you make a transaction on your account in any currency (including Australian dollars) that is processed/billed by either the merchant or its financial institution/payment processor outside of Australia. | Transaction | 3% of transaction |
| Return Fee Payable per returned payment. | Event | $5.00 |
| Cash Advance Usage Charge The higher of $4 or 3.0% of the total transaction amount (including any fees and charges imposed by us or a third party to effect the transaction). The cash advance usage charge forms part of the cash advance balance. | Cash advance | 3% of transaction |
| Balance Transfer Handling Fee This will be calculated as a percentage of the balance being transferred to your HSBC credit card account. This fee will be applied at the time the balance is transferred and forms part of your outstanding balance. |
Features
- Card access — You will receive credit card access with this product.
- Additional cards
- This product is eligible for a fee-free additional card.
- Loyalty program — HSBC Rewards Plus
- Earn 1.5 Rewards Plus points for every $1 spent on eligible purchases, up to $120,000 annually.
- Insurance included — Enjoy Domestic and International Travel Insurances with rental vehicle insurance excess cover, Transit Accident Insurance, Extended Warranty Insurance and Purchase Protection Insurance. Cover for claims relating to Covid-19 may be available under selected International travel insurance benefits.
- Interest-free transfers — 12 months
- 0% p.a. interest on balance transfers for 12 months (when requested at card application) with a 2% balance transfer fee.
- Interest-free period — 55 days
- Up to 55 interest-free days on purchases.
Eligibility
- To qualify for HSBC Premier, you'll need to have an HSBC Everyday Global Account, as well as either maintain regular 'money in' deposits totalling AUD9,000 into your account each month, or maintain a savings balance of AUD150,000.
- Minimum age — 18 yearsMinimum age required to apply for this credit card.
- Minimum income — $75,000.00 p.a.Minimum income required to apply for this credit card.
Constraints
- Minimum limit — $10,000.00The minimum credit limit on this credit card.
- Maximum limit — $500,000.00The maximum credit limit on this credit card.
Bundles
HSBC Premier
HSBC Premier is a global banking and wealth management service that offers customers day to day banking, international recognition, worldwide assistance, investment expertise, rewards and privileges.
More Information
Published by HSBC under the Consumer Data Right · Last updated 12 January 2026 · Product ID MCCPRM · View on CDR.gov.au