Sponsored by

It sounds like you won the travel lottery. You signed up for the HSBC World Elite Mastercard, and you suddenly have 100,000 travel reward points to use. That amount of points can take you somewhere hot or cool any time of the year. It sounds like a lot of value. Is it really that easy to travel for free? What’s the catch? What does it really mean to your travel budget? Actually, it means a lot. 

Calculating the World Elite Travel sign-up benefits

You need to understand how fast you can earn your 100,000 travel reward points. When you sign up to the HSBC Mastercard World Elite Travel Card, you first get a signing bonus of 20,000 travel reward points. That is the equivalent of $100 CAD available to you for travel. When you add an authorized user, like your partner, you get another 10,000 points or $50 CAD in travel. At the same time, your first year’s annual fee is canceled. Normally, this card will cost you $149 CAD per year. In your first year, you can put that $149 toward travelling. You just earned $299 by signing up. You’re up to 30,000 travel reward points. That was easy.

Next, you earn the remaining 70,000 points by using your card. You’ll get 50,000 travel reward points if you spend $6000 CAD in the first 180 days, or three months, of having the World Elite Mastercard. With the cost of groceries, transportation, and entertainment, you’ll probably spend that money anyway. If you put it on your World Elite Mastercard, your bills will actually earn you a vacation. 

After all that, you don’t have to do anything else but collect your last 20,000 travel reward points as a one-year anniversary gift from your World Elite Mastercard. In one year’s time, you have $649 travel dollars to spend. You can get that ticket to your hot or cold paradise.

How to earn more travel reward points

How you spend your money has a big impact on your extra travel points. You already have 100,000 points. You spent $6000 in your first three months of having the card. The rest of the year can earn you even more travel reward points. 

Earn extra travel reward points with every purchase

In the next nine months, you can earn 6 points for every $1 in travel-related purchases or 3 points for every $1 spent on eligible purchases. Have you seen the cost of gas? A couple of fill-ups and you might have two tickets to hot Caribbean nights or maybe skiing your tallest mountain yet.

Add $100 in travel enhancement credits every year

You’ve decided to redeem some or all of your travel points for the winter holidays. You can upgrade your seats for free. Actually, your World Elite Mastercard gives you $100 to make your travel experience better. You can use the money to pay for extra bags like skis or overweight baggage because you’re hauling presents with you. Maybe all of your children’s sand toys take up a lot of room. Every year that you have the card, you get $100 toward making traveling easier. 

Also, your card gives you access to Loungekey airport lounges. You can use your annual enhancement fee to pay for the tickets to get in. You can relax in a quieter, more comfortable space and let your vacation start early.

Tips to increase your travel budget

Using your travel points to travel for free is great. A lot depends on finding a flight, hotel, or package that fits your budget. Here are some tips to make your travel budget go even further. 

  1. Use your World Elite Mastercard for online travel booking. Your card gives you 10% off travel booked on HSBC Expedia and Agoda websites. 
  2. Use your credit card to earn discounts at the airport. Your World Elite Mastercard gets you 20% food, shopping, and spa treatments at the airport.
  3. Spend $0 on foreign currency fees. Whether in person or online, when you pay with your World Elite Mastercard, you are only charged the exchange rate. That could mean hundreds of dollars saved.

A penny saved is a penny earned. You’re on your way to a sunny destination and you arrived at the airport really early. Maybe your flight is delayed because of bad weather. The best part of travel is knowing that you can afford it. The HSBC World Elite Mastercard just makes everything more affordable.

How would you like to earn hundreds of dollars in rewards?

Find the best credit card for your needs


Find the best card