HSBC Cash Rewards Mastercard | Cash Back Calculator

HSBC Cash Rewards Mastercard

Card Review & Cash Back Calculator
3%-1.5% All Purchases
10% Off onefinestay
ShopRunner Membership
Postmates Discount
Golf Benefits
Mastercard Benefits

Review the benefits of the HSBC Cash Rewards Mastercard, calculate how much cash back you can earn based on your spend, and compare against top cards

The HSBC Cash Rewards Mastercard is a flat-rate cash back credit card. It earns 3% cash back on the first $10,000 in purchases made during the first year as an introductory rate and then 1.5% cash back on all purchases after that. The card also comes with a 0% intro APR on purchases and balance transfers, has no annual fee, and has no foreign transaction fees.

Bonus Categories

The HSBC Cash Rewards Mastercard is a flat rate cash back credit card. There's a cap on the 3% introductory cash back rate, but there's no limit to the amount of cash back you can earn with the card overall.

3%-1.5% All Purchases

During the first 12 months of having the card, you'll be able to earn 3% cash back on the first $10,000 in purchases. This means you to earn an additional $150 cash back at the intro rate for a total of $300 cash back after you've spent $10,000 on the card. After you've hit the $10,000 in spend or 12 months have passed since you've opened the card, all purchases will earn an unlimited 1.5% cash back.

Perks and Benefits

The HSBC Cash Rewards Mastercard comes with a few useful travel benefits such as discounts, rental car coverage, and more. Most of these benefits are offered by Mastercard.

onefinestay Discount

When you book a stay at a onefinestay property, you will receive a 10% discount. Onefinestay is collection of high-end rental properties in big cities such as New York, Los Angeles, London, and Paris.

MasterRental Coverage

The HSBC Cash Rewards Mastercard provides protection for physical damage and theft to most rental vehicles. This can be a useful perk if you're looking a little bit more protection when renting cars.

MasterCard Travel & Lifestyle Services

Another Mastercard perk offered by the HSBC Cash Rewards Mastercard is access to Mastercard Travel & Lifestyle Services. This offers luxury travel benefits, amenities and upgrades at some travel destinations. These services can be accessed through phone, email, and online platforms.

Mastercard Airport Concierge

With the HSBC Cash Rewards Mastercard, you will be able to enjoy 15% off Airport Meet and Greet services. This allows you to arrange for a personal, dedicated Meet and Greet agent to escort you through the airport on departures, arrivals, or connecting flights. It's a great benefit for anyone looking to easily get through the airport.

Shoprunner Membership

As a HSBC Cash Rewards Mastercard holder, you will receive complimentary ShopRunner membership. This gives you free 2-day shipping and free return shipping at more than 140 online stores which makes it a great benefit for those who shop online.

Postmates Discount

The HSBC Cash Rewards Mastercard grants you $5 off Postmates orders of $25 or more for delivery of food, drinks, and groceries. This does not include taxes, delivery fees, and tips.

Priceless Golf

As an HSBC Cash Rewards Mastercard holder, you will receive discounted access to select golf courses, complimentary grounds passed for PGA Tournaments, and Priceless Lessons with PGA Tour professionals.

Cellular Wireless Telephone Protection

When you use your HSBC Cash Rewards Mastercard to pay for your cellular phone, you will be able to receive reimbursements up to $600 per claim if your cellphone is stolen or damaged.

Sign Up Bonus

The standard sign up bonus for the HSBC Cash Rewards Mastercard is the 3% introductory cash back rate and the 0% introductory APR on purchases and balance transfers.

Credit Card Fees

Annual Fee
Authorized User Fee
Foreign Transaction Fee

Annual Fee

The HSBC Cash Rewards Mastercard has no annual fee. This means you'll always earn a great return when using the card to make purchases.

Authorized User Fee

There is no authorized user fee for adding additional users to the HSBC Cash Rewards Mastercard.

Foreign Transaction Fee

The HSBC Cash Rewards Mastercard has a 0% foreign transaction fee which makes it a great card for those looking for a simple method of earning cash rewards spending internationally, especially during the 3% introductory cash back rate.

and Card Value Calculator

You can use this rewards calculator to calculate how many points, miles, or cash back you can earn based on your spend per category. This calculator will also give you the dollar value of the card based on rewards earned and how much each benefit is worth to you minus the fees. You can click the Compare A Card button to compare this card against another card in the same calculator.

All category spend entered in the primary card's column will carry over to all credit card pages on the site so you don't have to re-enter the same information over again.

Credit Card
This calculator will calculate the cash value of the selected credit card(s) based on spend, benefits, and fees. You can compare this card against any other rewards card side-by-side by clicking on the Compare A Card button.
Compare A Card
Compare A Card
Family Cards
These cards are part of the same family.
Similar Cards
These are similar cards based on earning structure and other benefits (that aren't part of the same family).
Search Cards
Search for credit cards by name, rewards program, or rewards currency.
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Currency Worth
This is the cash value of points and miles used in these calculations. You can click on the amount to change the value or you can select View Rewards As to calculate your rewards when transferred to partners.
View Rewards As...
View Rewards As...
This section allows you to view your rewards as if you transferred them to a partner. Select a transfer partner below and the calculator will alter the calculator to reflect the transfer ratio and the reward currency of the receiving program. This only applies to the currency of the selected card. Not all programs have transfer partners. I also do not have the cash value of points and miles for all transfer partners.
Edit Value
Enter the cash value of these rewards in cents per point/mile. You can enter the value as X.XX cents or 0.0XXX cents. The maximum value allowed is 15 cents ($0.15) and the minimal value is 0.1 cents ($0.001).
Loyalty/Rewards Programs
Covers hotel loyalty status, status with bank rewards programs, and few others. These are added automatically based on card selection, but can be manually added as well.
/ Loyalty Programs
Add/Remove Loyalty Programs
Select which loyalty programs you want to include in the calculations. You will be able to select your status with the program and it will calculate additional points/bonuses based on what you enter in the calculator.
Loyalty Programs
Other Bonuses
All card card specific bonuses will be listed here. These are added automatically based on the selected card(s).
Categories Spending
Enter how much you spend in each category listed. You can click on the amount to edit the value. You can use +/- Categories to add and remove categories from the list and Options to copy spend between columns and clear all spend.
/ Categories
Add/Remove Categories
Select which categories you want to appear in this calculator. You can search categories by typing in a keyword below. De-selecting categories will remove them from this calculator. Categories are changed once you hit 'Update'.
Currently Selected:
Clear Spend
This will clear the spend in all of the categories in both columns. This will also clear all saved values.
Copy Spend
Copy Right will take the spend from the left column and copy it to the right column. Copy Left will take the spend from the right column and copy it to the left column. The spend amount ($) and unit of time (month, day, quarter) will be copied over.
Reward Bonuses
This section holds sign up bonuses, loyalty bonuses, and bonus bonuses. Most bonuses here will be listed automatically based on certain criteria. You can click 'Extra Bonus' if you wish to enter your own bonus amount.
Extra Bonus
Any additional bonuses you wish to add such as a sign up bonus or point bonus for adding authorized users
Total Earnings
Sum of all rewards above this line.
Cash Value of Earnings
Based off of currency worth.
Learn how you can use cash back portals to earn hundreds in cash back every year booking travel and shopping online. Easily double and triple dip on rewards when you combine cash back portals, loyalty programs, and rewards credit cards.
Calculator Continues Below
Monetary Bonuses/Perks
This is a list of cash perks and bonuses associated with the selected card(s). Some perks will be listed here automatically. You can click on 'Perk Bonus' if you want to add additional value for the card.
Perk Bonus
Enter how much you value any unmentioned perks this card offers.
Annual Fees
This section contains the annual fee and authorized user fee (if applicable) to hold on to the listed card(s).
Edit Fees
Edit the annual fee and authorized user fee of this card (if applicable).
Annual Fee:
Auth Fee:
Grand Total
The total estimated value you can get out of this card and the amount of return for your spend.
Total Card Value
The value of the card when everything is taken into account.
Total Return
The percent you are earning per dollar spent on this card.

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Page Last Updated: 2020-03-24
Written By: Robert Flowers III

Editorial Note: All opinions expressed on this site are my own and not those of any bank, rental car company, credit card issuer, hotel company, or any entity mentioned herein. Opinions, calculators, and other editorial content on this page have not been approved or endorsed by any entities on this site. You can read our Private Policy to learn more.

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About These Calculators: These calculators are provided to help you estimate the value of points, miles, and cash back you can earn with various rewards programs and using reward earning credit cards. These calculators are meant to provide an estimate of rewards earned and are not meant to reflect the exact amount of points you may receive. Be sure to read the terms and conditions of any credit card before you apply as benefit and perk changes may not be reflected immediately on this website.

The Point Calculator is owned by RF3 LLC. This site is informational and meant to provide help in calculating points with various programs. The owner of this site is not a legal or tax professional and the statements and articles on this site are opinion of the owner and should not be relied upon for individual circumstances.

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