HSBC Rewards Credit Card cashback rate, cap and annual fee
HSBC Rewards Credit Card pays 0.2% on everything, as a base rate.
This is information about each card's published terms, not a recommendation to apply. PayperWIZ arranges no credit and is paid nothing by any bank or card issuer.
HSBC · United Kingdom · catalogue v103
Read from HSBC's own published terms on 1 Oct 2026.
NoneAnnual fee
0.2%Best rate
What it pays, by category
| Spending | Rate | Monthly cap |
|---|---|---|
| everything else | 0.20% | —1 point per £5 spent; HSBC: "1 point = £0.01". |
1 point per £5 spent, and HSBC values a point at £0.01, so 0.2% back. 2,500 bonus points for spending £10,000 in a card year, in each of the first five. No annual fee, 2.99% non-sterling fee. Source: hsbc.co.uk Rewards Credit Card page, summary box and Rewards Programme Rules PDF, read 1 Oct 2026.
Questions people ask
What cashback does the HSBC Rewards Credit Card pay?
0.2% on everything, as a base rate.
Is there a cap on the HSBC Rewards Credit Card?
No monthly cap is published on the rates shown here.
What is the annual fee on the HSBC Rewards Credit Card?
No annual fee.
Knowing the rate is not the same as remembering it
PayperWIZ holds the cards you actually own and names the right one at the till — after the cap you have already used this month, and after the foreign-currency fee. Every rate in it says where it came from, the way this page does: read off the issuer and dated, or marked indicative.
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