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HSBC Renews Global Partnership With MasterCard

HSBC and MasterCard Worldwide have signed an agreement renewing their global partnership to provide HSBC Premier customers with a MasterCard credit card until 2015.

HSBC Premier is an exclusive banking service, tailored to individual financial needs and providing internationally minded customers with access to global banking and expertise in over 40 countries and territories.

MasterCard claimed that cardholders can choose experiences that suit their lifestyles including vacation packages, shopping, dining and entertainment. The credit card’s protection benefits provide a free next day emergency card replacement and travel insurance.

Richard Harvey, global head of cards at HSBC, said: “HSBC Premier is relationship banking without boundaries, designed to give customers the service they deserve whether at home or abroad, and the Premier MasterCard card is a key component of our service for our customers. We have developed the HSBC Premier credit card in partnership with MasterCard during the last decade and are pleased to renew our commitment to that partnership.”

Walt Macnee, president of international markets at MasterCard Worldwide, said: “We are very excited that HSBC has chosen to extend our relationship as we work together to provide Premier credit cardholders with an enhanced value proposition.”