HSBC Credit Card Canada is offered by HSBC Canada, the Canadian subsidiary of HSBC Holdings plc. It has over
180 offices across the Canadian territory. HSBC Credit Cards Canada have become very popular among Canadian citizens.
HSBC: History and Present
HSBC Group, one of the world’s leading issuers of credit card products, was founded in 1865 as The Hong Kong and Shanghai
Banking Corporation Limited and aimed to facilitate the growing trade between Europe and China. HSBC entered Canada in 1979.
Today, HSBC Canada is the seventh largest bank in the country and the largest foreign-own bank in Canada. Headquartered in
Vancouver, British Columbia, HSBC Canada has offices in every Canadian province, apart from Prince Edward Island.
HSBC Credit Card Canada: Common Features
The common features of HSBC credit cards include:
- Worldwide acceptance at more than 23 million locations.
- Instant cash access at over 900,000 ABMs, spread across the globe.
- Immediate card and cash replacement, in case of emergency.
- 24-hour service that provides roadside assistance.
- Low interest rate of 12.9% on purchases and cash advances for $25 per year.
- Grace period of up to 21 and 23 days from the date of statement for regular and low rate MasterCard.
- HSBC Travel & Merchandise Rewards Program awards HSBC Rewards Points for card transactions that can
be redeemed for premium merchandise, travel packages and lifestyle rewards.
- One can also avail the HSBC Cash Back Rewards Program for an additional fee of $35 per year.
- Over limit fee of $29.
- Cash advance fee of $2 for ABMs located in Canada and $4 for those outside the country.
HSBC Credit Card Canada: Prominent Types
The most popular HSBC Credit Cards Canada include:
HSBC MasterCard
- Annual interest rate of 19.9% on purchases and cash advances.
- Optional CreditCare insurance.
- No annual fee.
HSBC Gold MasterCard
- Annual fee of $60 for regular rate Gold MasterCard and $85 for low rate Gold MasterCard.
- 19.9% yearly interest on purchases & cash advances.
- Purchase Assurance & Extended Warranty Insurance.
- Car rental insurance.
‘HSBC’, ‘HSBC Gold MasterCard’ and ‘HSBC MasterCard’ are trademarks of HSBC Holdings plc, who can be found at www.hsbc.ca/