HSBC UK unveils new best-in-class Premier World Elite Credit Card
HSBC UK has debuted a myriad of travel, hotel, and lifestyle privileges to Premier customers with the launch of its brand-new HSBC Premier World Elite Mastercard® Credit CardOpens in new window.
As part of the redesign of its PremierOpens in new window proposition, the HSBC UK Premier World Elite credit card offers a host of new benefits including accelerated reward points, the option to redeem airmiles across 11 airlines, airport security fast-track, as well as range of other unique offers.
Customers can redeem reward points equivalent to 1.5 airmiles for every £1 spent in sterling, or choose to use them for shopping vouchers, hotel stays and more. The card also comes with a generous sign-up bonus, offering 40,000 reward points to customers who spend £2,000 on their card in the first 90 days of card membership.
The new credit card, which is available with a £290 annual fee, is exclusive to HSBC UK Premier Bank Account holders. The representative APR is 100.2% variable, including the annual fee.?The representative APR on purchases is 29.9% variable.
A premium travel experience for Premier customers
The card is designed to fully enhance a customer’s travel experience, so on top of the range of airlines customers can redeem airmiles against, the card comes with a number of other elevated benefits.
This includes the addition of airport security fast-track world-wide, allowing preferential access to a dedicated lane straight through the security checkpoint in 179 airports.
Card holders will still have airport lounge access at more than 1,300 airport lounges around the world through Mastercard Priority Pass, and also offers up to 14% discount at more than 180,000 Agoda hotels and up to 10% at Expedia hotels.
Andy Rankin, Head of unsecured lending at HSBC UK, said: “The launch of the new Premier World Elite Credit Card in the UK is a key part of our new Premier offering, which will deliver a range of enhanced features, centred around the themes of wealth, health, international and travel.
“Some of the most exciting benefits of this new card are focused on travel – the card offers one of the richest airmiles rewards programmes in the market, while allowing customers the freedom to redeem these airmiles at 11 different airlines, which is a key differentiator. On top of this, it offers airport lounge access and airport security fast-track, making it the perfect card for those who want a luxury travel experience.”
Simon Forbes, Divisional President UK&I at Mastercard, added: “We’re delighted to have worked with HSBC on the redesign of their Premier World Elite Mastercard and to help them deliver exceptional travel benefits and experiences that meet the needs of their customers.”