HSBC World Elite Mastercard: no forex fees | Credit card reward programs | Discussion forum

Looks like another new, no foreign currency exchange fee credit card has showed up:

https://www.hsbc.ca/1/2/personal/banking/credit-cards/hsbc-world-elite-mastercard

HSBC had a couple of other very similar cards, but they both required you to be an HSBC client with a minimum amount of money invested with them. With this one, you don't have to be a client already.

From what I can see, the main details are:
* $149 annual fee, waived for the first year (if you apply before September 4, 2018)
* The equivalent of $150 in travel points after spending $1000 in 90 days (also if you apply before September 4, 2018)
* 3% back in travel rewards for travel purchases; 1.5% back in travel rewards in other purchases
* $100 credit per year for seat upgrades, baggage fees, and airport lounge passes
* No foreign exchange transaction fee (usually 2.5%)
* Emergency travel medical insurance; I can't find any information about other insurance offered with this card

Other recent new no-forex fee cards:
* Rogers World Elite Mastercard: no annual fee; 1.5% net rewards on foreign exchange purchases; 1.75% on everything else
* Scotiabank Passport Visa Infinite: $139 annual fee; 6 lounge passes; 2% back on grocery, dining, entertainment, and daily transit; 1% back on everything else
* Home Trust Preferred Visa: no annual fee; 1% back on all purchases