What are the HSBC categories for credit card rewards? This question is about HSBC Credit Cards

What are the HSBC categories for credit card rewards?

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This question is about HSBC Credit Cards

Chip Lupo, Credit Card Writer

@CLoop • 02/01/22 This answer was first published on 02/01/22. For the most current information about a financial product, you should always check and confirm accuracy with the offering financial institution. Editorial and user-generated content is not provided, reviewed or endorsed by any company.

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The HSBC categories for bonus credit card rewards are travel, dining, depending on the card. When cardholders make purchases that qualify for their HSBC card’s bonus categories, they earn extra rewards compared to the card’s base rewards rate.

HSBC Credit Card Categories for Bonus Rewards

HSBC Elite Credit Card: Travel and dining
HSBC Premier World Credit Card: Travel

Whether a purchase falls into a card’s bonus categories depends on “Merchant Category Codes,” which are assigned by the major credit card networks to merchants based on what kind of business they conduct. So if a merchant has the MCC for “travel,” for example, purchases made at that merchant with cards that include “travel” as a bonus category will earn bonus rewards.

If you’re looking to get a rewards credit card from HSBC, it’s a good idea to pick a card that offers the opportunity to earn bonus rewards in your most frequent purchase categories.

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What are the HSBC credit card rewards?

HSBC credit card rewards are points that can be redeemed for cash back, gift cards, travel, or charitable donations, depending on which credit card you have.

What you should know about the HSBC credit card rewards:

HSBC credit card rewards points are worth around 1 cent each, but it can vary based on how you redeem them. For example, points redeemed for travel are usually worth more than cash back redemptions. You...

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What are the different types of credit card rewards?

There are three different types of credit card rewards: points, miles and cash back. Rewards credit cards are also targeted to three main groups: students, small business owners and people with above-average credit.

Although there are differences between credit card rewards currencies and the ways in which credit card companies dole them out to different groups, the major types of credit card rewards all work pretty much the same way. You’ll earn rewards for...

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How can I redeem my HSBC credit card points?

You can redeem your HSBC credit card points by calling the number on the back of your card, or online by signing in to your account.

Hover over My HSBC at the top of the page, and under Card Services, select My Rewards.

You'll be redirected to the HSBC Rewards Program website, where you can browse rewards by category, or search for anything in particular.

You can redeem your points as:

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