HSBC Premier credit card - too good to be true?

[serfty]

I have the US Premier checking, but does anyone have the Premier Mastercard from there?
No forex fees and the pool of transfer partners includes QFF.

I believe to get this card you need a Premier Australian Global Account.

 

[QPProletarian]

I believe to get this card you need a Premier Australian Global Account.

I had the US checking account setup after holding the AU Premier account.

 

[serfty]

I had the US checking account setup after holding the AU Premier account.

In that case, check the Terms.

Premier World Mastercard | Rewards Credit Card - HSBC AU

HSBC Premier Credit Card provides you with a wide range of exclusive benefits. Find out more about our Premier Credit Card and enjoy our premium service.

www.hsbc.com.au

To apply for an HSBC Premier World Mastercard, you'll need to:

• Have HSBC Premier customer statuscustomer status This link will open in a new window in Australia
• Earn at least $75,000 per year
• Have a good credit rating You may need to provide some identification and proof of address, income and employment to apply.

 

[QPProletarian]

@serfty I'm talking about this one:

Premier Credit Card | Unlock Travel Benefits - HSBC Bank USA

The HSBC Premier Credit Card includes introductory offers and rewards that can be used around the world. Get more info and find out how you can apply.

www.us.hsbc.com

https://www.us.hsbc.com/content/dam/hsbc/us/docs/pdf/credit-card-pdfs/premier_mastercard_sot.pdf

 

[Viridis]

@serfty I'm talking about this one:

Premier Credit Card | Unlock Travel Benefits - HSBC Bank USA

The HSBC Premier Credit Card includes introductory offers and rewards that can be used around the world. Get more info and find out how you can apply.

www.us.hsbc.com

https://www.us.hsbc.com/content/dam/hsbc/us/docs/pdf/credit-card-pdfs/premier_mastercard_sot.pdf

The US may be a bit more relaxed but the UK definitely won’t.

I have an Au & UK Premier account and wanted to get that card via my UK account. It was a definite “no” based on my domicile which is Au in both accounts. I asked if they could use my credit report here to issue a card there (á la Amex) but, if I’m honest, it just seemed a bit to ‘hard’ for them to be bothered

I actually have the Premier World Elite with a £5k limit via my previous relationship with HSBC Expat in CIIoM. That account is now closed but I still have the CC.

I even asked if I could keep that card and move the cc account jurisdiction back to the UK but it was still an emphatic “no”.

 

[dairyfloss]

The US may be a bit more relaxed but the UK definitely won’t.

I have an Au & UK Premier account and wanted to get that card via my UK account. It was a definite “no” based on my domicile which is Au in both accounts. I asked if they could use my credit report here to issue a card there (á la Amex) but, if I’m honest, it just seemed a bit to ‘hard’ for them to be bothered

I actually have the Premier World Elite with a £5k limit via my previous relationship with HSBC Expat in CIIoM. That account is now closed but I still have the CC.

I even asked if I could keep that card and move the cc account jurisdiction back to the UK but it was still an emphatic “no”.

I'm also an HSBC Premier customer with the AU World MC. Due to some additional benefits from MC, at the time, I asked my RM about acquiring a card with World Elite benefits attached, from one of their other markets (US or UK) based on my accounts in AU, and they did much the same as for you. Interestingly, it does show this on the UK page for the product I was considering:

HSBC Premier World Elite Mastercard | Credit Cards - HSBC Expat

Unlock an even wider range of rewards and benefits, at home and abroad, with an HSBC Premier World Elite Mastercard. Requires a qualifying HSBC Premier account.

www.expat.hsbc.com

Cheers
Matt.

 

[Viridis]

View attachment 395771

.

Mmm, yes, I had seen that but I think it may be trumped by the residency requirements

Poorly written but I suspect what they mean is that if you’ve moved to the UK and you’re Premier elsewhere, then you meet the UK Premier eligibility requirements

It would however, be great, if I were to be proven wrong

Post automatically merged: Jul 8, 2024

As an aside, it’s interesting that HSBC don’t offer the World Elite in Au. Way beyond my skill set but I’d have thought there’d be the market for it.

 

[dairyfloss]

As an aside, it’s interesting that HSBC don’t offer the World Elite in Au. Way beyond my skill set but I’d have thought there’d be the market for it.

Agreed - i think it’s only Citi (NAB) and the Citi Prestige MC which confers this level in AU. I wrote to Qantas Money (also NAB) suggesting they might consider upgrading the QF Premier Ti card (and their $1,200 fee) to be able to access this level, but the totally irrelevant form letter response confirmed how likely that is to ever happen!

Cheers,
Matt.

 

[baggyred]

Glad I found this thread.

Anyone know whether this card can be datafed to Xero

Was prompted by Macquarie's move away from Qantas to explore other options however the biggest bug bear for me is that Macquarie CCs no longer feeds to Xero - so have been looking for another excuse to change.

Another fee free CC account, replacing my Macquarie card (And adding to my delightful fee free citi card). Happy to set up random DDRs of $9k a month back and forward to meet the conditions.