MastercardHSBC Premier World Elite Mastercard
A premium card that died because its bank left the country.
Welcome Bonus
None
Discontinued
Spend Requirement
None
Annual Fee
$395
No FTF
Credit Score
740+
(Excellent)
Historical Offers Chart
Every public offer change we've tracked. Hover for details, timing your application is worth hundreds of dollars.
Last verified 2026-06-11 · spot an outdated offer? Tell us in the comments.
Earning Rates
- 2xTravel purchases
- 1.5xEverything else
Credits
No statement credits, this card wins on earn rates, not coupons.
Benefits
- ✦Annual 100 dollar travel credit and TSA PreCheck reimbursement
- ✦LoungeKey airport lounge access
- ✦Fee waived for clients holding HSBC Premier checking relationships
Why it earns its spot
- +Effectively free for Premier banking clients, a rich rebate on a 395 dollar product
- +Solid 1.5x floor on all spend for its era
Where it costs you
- −Points were modest value with thin transfer options
- −Required entanglement with a bank that then left the US market
The Compound Verdict
The Premier World Elite was HSBC's pitch to globally minded clients: lounge access, travel credits and a 395 dollar fee that vanished if you held Premier checking. It died of corporate strategy rather than product failure, as HSBC announced its exit from US mass retail banking in May 2021, sold its branch network, and wound down its consumer card portfolio with it. A reminder that a card is only as durable as its issuer's commitment to the market.
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