HSBC Launches New Premier Credit Card
HSBC launched its new Premier World Elite Mastercard® credit card, and it looks rad, like some sort of Mufasa in the clouds guarding your credit. Unfortunately, that's as cool as the card gets. While you get 3x on travel, 2x on restaurants, a $100 air travel credit, a $100 Uber and/or Lyft credit, and 50,000 points (worth $750 in air travel) with the card, you're also hit with a $395 annual fee AND need to have $100,000+ in the bank with HSBC to even qualify to apply. Even if I trusted HSBC to manage $100K for me, I don't even think this card would be worth my time, and nor should it be worth yours.