Does the HSBC +Rewards Mastercard include travel insurance?

No. The +Rewards Mastercard has no travel insurance of any kind: no emergency medical, no trip cancellation or interruption, no flight or baggage delay, and no travel accident coverage. HSBC once sold optional travel medical insurance separately (about $69/year), but that was never part of the card.

Can I still apply for this card?

No. HSBC Bank Canada was bought by RBC and the deal closed on March 28, 2024. HSBC no longer issues credit cards in Canada, and existing +Rewards cardholders were moved to RBC products. This page is kept for reference.

What purchase protection does the card offer?

Two insurance benefits: Purchase Assurance protects most new purchases against loss, theft or damage for 90 days, and Extended Warranty doubles the manufacturer's warranty by up to one year. Both share a $60,000 lifetime maximum per account.

How does Price Protection work?

If you find the identical item advertised in Canada at a lower price within 60 days of buying it, and you are not returning the item, Assurant refunds the difference. The refund is capped at $500 per item and $1,000 per account each calendar year, for up to 3 identical items. Computers, cell phones and electronics are excluded.

Is my cell phone covered?

No. Unlike the HSBC Cash Rewards Mastercard, the +Rewards Mastercard has no mobile device insurance, and Price Protection specifically excludes phones and electronics.

Does the card cover rental cars?

No. There is no collision or loss damage waiver, liability, roadside assistance or personal effects coverage. If you rent a car, buy the rental agency's damage waiver.

How do I file a claim?

Call Assurant at 1-800-668-8680 from Canada or the U.S., or 416-977-6066 collect from elsewhere. Report a purchase loss right away and send proof within 90 days; for Price Protection, submit the form and proof within 120 days of purchase.

Is there a limit on how much I can claim?

Yes. Purchase Assurance and Extended Warranty together are capped at $60,000 over the life of the account. Price Protection is capped at $500 per item and $1,000 per account per year.

What does the insurance on the HSBC +Rewards Mastercard cover?

HSBC·CA$25/year·Mastercard·American Bankers Insurance Company of Florida (Assurant)

Pauline LauroreAuthor of HelloSafe's card insurance reviewsUpdated July 1, 20268 min read

0,3/5Independent review · verified July 2026

Travel Insurance

0,0

Car Rental

0,0

Protection

2,8

Our Verdict · Travel Insurance

Our take on travel insurance for the HSBC +Rewards Mastercard

Expert review · Pauline LauroreAuthor of HelloSafe's card insurance reviews

There is no travel insurance on the HSBC +Rewards Mastercard. No emergency medical, trip cancellation or interruption, flight or baggage delay, lost baggage or travel accident coverage applies. If you travel, you need a separate travel insurance policy.

Where travel breaks down

No emergency medical coverage abroad
No trip cancellation or interruption
No flight or baggage delay benefit
No lost baggage or travel accident coverage

Our methodology

Every score is derived from official bank documents: terms and conditions, benefit guides, and claim procedures. No commercial relationship influences our ratings.

Travel Insurance · 11 guarantees

What does HSBC +Rewards Mastercard Travel Insurance actually cover?

The +Rewards Mastercard has no trip cancellation coverage; cancelling a trip before departure is not reimbursed.

There is no emergency medical coverage on this card. Hospital or medical bills abroad are paid out of pocket.

No emergency medical transport or repatriation is covered.

Trip interruption is not covered; a trip cut short is not reimbursed.

There is no flight or travel delay benefit; meals and hotels during a delay are not covered.

Missed connections are not covered.

There is no early return benefit if you have to come home early.

Delayed baggage is not covered; essentials bought while a bag is late are not reimbursed.

Lost or stolen baggage is not covered on this card.

There is no common-carrier travel accident (AD&D) coverage.

Theft from a hotel room is not covered.

Policy document

We source benefits from official card guides, but PDFs are sometimes hard to obtain or update. Spotted something off?

Report an error Send updated PDF

Coverage Radar

Where the HSBC +Rewards Mastercard wins, where it loses

Coverage snapshot for this tab — click any layer to highlight its scores.

Compare

+Rewards MastercardThis card0.3/5?

$25/yr

With travel insuranceIdeal

Complete coverage · 5.0 / 5

Premium card avg.

$150 avg. annual fee

Click a layer to highlight its scores on the radar.

Side-by-side comparison

How the HSBC +Rewards Mastercard stacks up against the alternatives

Same 5 coverage dimensions, ranked head-to-head against the cards most +Rewards Mastercard shoppers also consider.

Card	This card +Rewards Mastercard HSBC · $25/yr 0.3/5?	World Elite Mastercard HSBC · $149/yr 4.0/5?	Rewards World Elite Mastercard BMO · $150/yr 4.3/5?	World Elite Mastercard ATB Financial · $120/yr 4.1/5?
Trip cancellation Per person, per trip cap	Not covered Cover this gap →	$2,000 / person · $5,000 / trip	$2,500 / person ($5,000 / account) $0 deductible	$1,000 / person (max $5,000 / trip)
Emergency medical Hospital bills abroad	Not covered Cover this gap →	$2,000,000 / person	$2,000,000 (under 65, first 21 days) First 21 days only	$2,000,000 / person · ≤22 days · under 65
Emergency evacuation Air ambulance + repatriation	Not covered Cover this gap →	Included	Actual cost (pre-authorization required) Pre-authorization required	Included (within medical)
Trip delay trigger Hours before benefits kick in	Not covered Cover this gap →	$250 / day	$500 / account / trip (6h+ delay) Trigger: 6 hours	$500 / trip ($250/day, up to 2 days)
Trip interruption Covered amount	Not covered Cover this gap →	$2,000 / person · $5,000 / trip	$2,000 / person Up to $2,000 / person	$1,000 / person (max $5,000 / trip)

StrongLimited / misleadingNot covered

Data verified against each card's Guide to Benefits, May 2026.

Claims (Canada & U.S.)

1-800-668-8680

Report a loss as soon as reasonably possible

Collect from outside Canada/U.S.

416-977-6066

Benefit administrator: American Bankers Insurance Company of Florida (Assurant)

Claims & pre-authorizations

Filing a claim

Call Assurant to open a claim

Phone 1-800-668-8680 (Canada/U.S.) or 416-977-6066 collect from elsewhere as soon as you learn of the loss, damage or price difference. Assurant sends you the right claim or request form.

Keep your receipts and card statement

Provide the original vendor sales receipt and the account statement showing the item was charged in full to the +Rewards Mastercard. For Extended Warranty, include the manufacturer's warranty.

Add a loss report if applicable

For theft or damage, include a police, fire or insurance report, and get Assurant's approval before paying for any repair.

Submit within the deadline

Send proof of loss within 90 days for Purchase Assurance and Extended Warranty. For Price Protection, submit the request form and a dated advertisement within 120 days of purchase.

No. The +Rewards Mastercard has no travel insurance of any kind: no emergency medical, no trip cancellation or interruption, no flight or baggage delay, and no travel accident coverage. HSBC once sold optional travel medical insurance separately (about $69/year), but that was never part of the card.
No. HSBC Bank Canada was bought by RBC and the deal closed on March 28, 2024. HSBC no longer issues credit cards in Canada, and existing +Rewards cardholders were moved to RBC products. This page is kept for reference.
Two insurance benefits: Purchase Assurance protects most new purchases against loss, theft or damage for 90 days, and Extended Warranty doubles the manufacturer's warranty by up to one year. Both share a $60,000 lifetime maximum per account.
If you find the identical item advertised in Canada at a lower price within 60 days of buying it, and you are not returning the item, Assurant refunds the difference. The refund is capped at $500 per item and $1,000 per account each calendar year, for up to 3 identical items. Computers, cell phones and electronics are excluded.
No. Unlike the HSBC Cash Rewards Mastercard, the +Rewards Mastercard has no mobile device insurance, and Price Protection specifically excludes phones and electronics.
No. There is no collision or loss damage waiver, liability, roadside assistance or personal effects coverage. If you rent a car, buy the rental agency's damage waiver.
Call Assurant at 1-800-668-8680 from Canada or the U.S., or 416-977-6066 collect from elsewhere. Report a purchase loss right away and send proof within 90 days; for Price Protection, submit the form and proof within 120 days of purchase.
Yes. Purchase Assurance and Extended Warranty together are capped at $60,000 over the life of the account. Price Protection is capped at $500 per item and $1,000 per account per year.