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Exclusive   Cash-back reward credit card study
  STATISTIC: The highest amount for an annual rebate is $1,000 -- but you  
  have to spend $100,000 to earn that with a USAA Federal Savings card.  
   
   
Cash-back survey results

HSBC
 
Study results
Select:
Issuing Bank: HSBC
Card
HSBC Platinum MasterCard w/CashBack Rewards
HSBC Platinum MasterCard w/Cash or Fly Rewards
HSBC Platinum MasterCard Weekend Card
HSBC American Express w/Plus Rewards
Annual fee
$0
$0
$0
$0
Intro bonus
N/A
N/A
N/A
N/A
Percent rebate on "everyday" categories*
1% of every $1 spent
1% of every $1 spent
1% of every $1 spent
1.25 points on every purchase
Percent rebate other purchases
1% of every $1 spent
1% of every $1 spent
1% of every $1 spent
1.25 points on every purchase
Percent on other rebates
N/A
N/A
2% on weekends, 1% weekdays
N/A
Reward tiers
None
None
None
None
Reward increments
Cash redemption is in $25 increments
Cash redemption is in $25 increments
Cash redemption is in $25 increments
Gift cards and gift certificate redemptions begin at 1,500 points.
The minimum amount of HSBC Plus Points that may be redeemed for cash is 3,000 points (which equates to $25). Cash redemption(s) can also be made for $50 (which equates to 5,000 points) or for $100 (which equates to 10,000 points). There is no annual or lifetime maximum cash payout.
How is rebate redeemed?
Call for check to be sent
Call for check to be sent
Call or go online for check to be sent
HSBC Plus grants the option to redeem points toward a statement credit when you purchase an airline ticket yourself using your HSBC American Express Card and possess the requisite number of HSBC Plus Points.
Cash redemption(s) may be requested at any time by contacting the HSBC Rewards Department at (800) 944-0076.
How often can be redeemed?
Anytime the cardholder has the minimum required; usually monthly
Anytime the cardholder has the minimum required; usually monthly
Anytime the cardholder has the minimum required; usually monthly
Cash redemption(s) may be requested at any time by contacting the HSBC Rewards Department at (800) 944-0076.
Cap on rewards?
None
None
None
None
Expiration date on rewards
None
None
None
None
Comments or excluded merchants?
None
None
None
None
Create a news alert for "credit card" -- Posted: June 2, 2008
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Credit Cards
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WEEKLY AVERAGES
Type Fixed Variable
Standard 14.43% 14.10%
Gold 11.99% 12.59%
Platinum 13.53% 14.74%
All 13.71% 14.49%
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