The HSBC Premier Mastercards thread

[points_worrier]

HSBC: The USP is free unlimited priority pass, including restaurant credits. 1.5 miles/£ is matched by other cards available. You need to work out: 1) If you will use this benefit enough, and 2) if it will be either just you, or a +1 you trust with a supplemental card.
The fee is expensive at almost £300/year. The baseline for whether this is worth it should be the 1 Avios/£ of the free Barclaycard, not the 0.5 Avios/£ of the free HSBC card.
For the HSBC world elite to be worth it, you need to either be spending a lot (likely >£4k/month on the card) or using the lounge access/restaurant credits a lot.

You wont get the BAPP signup bonus. You will get the HSBC WE signup bonus.
Short answer: I would get the HSBC WE for the signup bonus and see how you do over the year. After assessment of that year, you can work out whether you are getting value.

[sloth]

anyone know if you can pay off the HSBC Credit Card using a debit card, same way as you can pay off your Amex that way?

thanks

[PIL]

sloth wrote:

anyone know if you can pay off the HSBC Credit Card using a debit card, same way as you can pay off your Amex that way?

thanks

No, this is not possible.

[sloth]

PIL wrote:

sloth wrote:

anyone know if you can pay off the HSBC Credit Card using a debit card, same way as you can pay off your Amex that way?

thanks

No, this is not possible.

thanks, thought as much as I couldnt see it was possible but thanks for confirming

[ross]

Brian-Defi wrote:

Thanks @sloth

On a separate note, I have been a happer user of Curve Black for a long time now.

I mainly use it for the simplicity to be honest and for the 1% cashback + 1% FX cashback.

I know for sure the WE will not give any reward points for anything Fronted or cash withdrawals but will they give rewards points for normal day to day purchases being put through Curve?

Really? No points for Fronted?
That severely impacts the value of this card then.

[The Urbanite]

ross wrote:

Brian-Defi wrote:

Thanks @sloth

On a separate note, I have been a happer user of Curve Black for a long time now.

I mainly use it for the simplicity to be honest and for the 1% cashback + 1% FX cashback.

I know for sure the WE will not give any reward points for anything Fronted or cash withdrawals but will they give rewards points for normal day to day purchases being put through Curve?

Really? No points for Fronted?
That severely impacts the value of this card then.

HSBC stopped paying out points on transactions with financial merchants a couple of years ago.

[TooPoorToBeHere]

Yup most of the avenues for putting large amounts other than actual organic spend through the card just don’t earn on HSBC.

[tabajara]

Such a disappointment this HSBC WE, the new annual fee show up yesterday 290£, I called today trying to cancel the card and no way to that any refund or bonus or what so ever..
1 years trying to make joint account to ask additional card for my wife to get and additional card also no success
Horrible experience HSBC

[JDB]

tabajara wrote:

Such a disappointment this HSBC WE, the new annual fee show up yesterday 290£, I called today trying to cancel the card and no way to that any refund or bonus or what so ever..
1 years trying to make joint account to ask additional card for my wife to get and additional card also no success
Horrible experience HSBC

Why did you wait until HSBC billed the new fee if it was your intention to cancel which is the implication of the post? The increased fee was announced three months ago, so plenty of opportunity to cancel. If you press them and cancel without having used the card since anniversary/fee date I believe they will refund you if pressed.

[Nico]

Asked HSBC about premier world elite anniversary bonus, anniversary was 50 days ago or so, and the only answer was we have 60 days to credit it. Not very commercial and I had the same when opening the card (took much more than 60 days), not too sure what waiting really save them. That’s not a quick way to get points

[Guernsey Globetrotter]

Reminder about the increased annual fee (£290 v £195 previously) which was effective from 23 September.

My annual card renewal date was 09 Sept, which is easy to establish from your annual credit card statement, but HSBC still charged my renewal at the new, higher rate.

I clearly should have dodged the fee increase for the first year but they mistakenly applied it. Complained via their online system and, after having to only send one chaser, finally got a rebate plus £75 compensation today, reducing this year’s effective net fee to only £120.

Keep them honest people! 💪

[sloth]

Guernsey Globetrotter wrote:

Reminder about the increased annual fee (£290 v £195 previously) which was effective from 23 September.

My annual card renewal date was 09 Sept, which is easy to establish from your annual credit card statement, but HSBC still charged my renewal at the new, higher rate.

I clearly should have dodged the fee increase for the first year but they mistakenly applied it. Complained via their online system and, after having to only send one chaser, finally got a rebate plus £75 compensation today, reducing this year’s effective net fee to only £120.

Keep them honest people! 💪

is normally good when HSBC muck up, they always compensate nicely. I complained when I was unable to use my card as they mistakenly blocked it, they refunded me the full fee for my trouble…

[hake-tfc]

Just noticed have been given option to upgrade hsbc Premier via my hsbc app. Despite fact I don’t earn over 100k year in salary I must have moved around 100k into the account because been repaying myself director loans on top of salary.
Will I be in trouble upgrading to Premier with hsbc and even HMRC for taking up the upgrade offer?
My thinking is if I’m eligible for Premier I’m likely eligible for the associated Premier credit cards.

[points_worrier]

HSBC can choose to waive the specific requirements for individual customers, which they may have done in your case. As long as you don’t lie or provide any false or misleading information, you should be fine. Worst case scenario is they withdraw the Premier offer once you tell them your real salary as part of the upgrade process.

[memesweeper]

Is your company account(s) with HSBC? if so, no problem, in my experience, regardless of what is actually taxable income.