If you have been looking for a credit card that’s got a great rewards system, the HBC MasterCard from Hudson’s Bay might be for you. This card is particularly great if you are an avid shopper at Hudson’s Bay. 

If you use the card at Hudson’s Bay stores, you get 4 points for every dollar you spend. If you use the card anywhere else, you get 2 points for every dollar you spend. You can redeem these points at Hudson’s Bay or Home Outfitters or even convert them to Air Miles. Beyond the points the card has no annual fee so you don’t have to pay if you don’t play.

Before applying for any credit card, it is a good idea to sit down and figure out your finances. You will then be able to apply for the card that best fits with your lifestyle. For example, if you want to consolidate your debt, you’ll be paying 20.99% on balance transfers so this might not be the best card for that purpose. Our team has looked into the HBC MasterCard and come back with some key takeways. Read everything below before you decide whether or not this card fits your financial goals.

HBC MasterCard

What Are the Benefits of an HBC MasterCard?

You can use this credit card with your Hudson’s Bay Rewards card and earn double your points. In other words, every time you spend $1, you earn 4 points.

The more you spend, the more points you earn, and your points add up quick to turn into gift cards! You can use these gift cards to purchase at thebay.com, Hudson’s Bay, and Home Outfitters. Furthermore, you will also earn 2 points on every $1 spent anywhere else.

When you use your credit card in Hudson’s Bay stores to purchase anything, you will get up to 90-day returns. As if that is not enough, you will also get free shipping on goods bought at thebay.com with their minimum purchase.

Are you worried about the safety of your credit card? Worry no more, because the HBC Bank assures you that your card is secure, and if you detect any fraud or unusual activity going on, you can call their 24⁄7 customer care helpline, and they will be at your service.

MasterCard Perks

The beauty with this credit card is the fact that it can be accepted anywhere you see a Visa MasterCard logo. And finally, you will use this card without paying any annual fees.

Now that you’re familiar with some of the great benefits of this credit card, read on to find out criteria for eligibility and how you can apply today.

What Are the Fees of an HBC MasterCard? 

To fully enjoy the benefits of this credit card, it is advisable to pay your card on time to avoid extra charges from the bank, which might affect your credit score.

Take a look at this overview of fees and rates you can expect from the HBC MasterCard.

  • $0 annual fees
  • 29.9% interest rate (as outlined in your disclosure statement)
  • Minimum payment – $10 plus any amount past due
  • Foreign currency conversion – 2.5% of the converted transaction amount
  • Cash advance fee – $5 or 1% of the cash advance, maximum $10
  • Balance transfer fee – 5%
  • Special payment plan – $99
  • Returned payment – $30 each
  • Over limit fee – $29
  • Rush card – $20

Note that not all fees associated with this card are listed here. You can contact Hudson’s Bay Credit to query about fees and rates. And once you have a card, the specifics of your fees and charges will be laid out in full in your disclosure statement.

HBC Mastercard

How to Apply for an HBC MasterCard

As long as you are eligible, applying for this credit card is super easy and straightforward. First, you are supposed to be 18 years and above and a Canadian citizen. You are also supposed to have a stable income and a social security number.

Applications are done at any Hudson’s Bay or Home Outfitters store. After your application is successful, you will get your card via mail within 7 to 10 working days.

For more information about applying and eligibility, visit the Hudson’s Bay Credit website.

The HBC MasterCard provides specific perks for those who shop with Hudson’s Bay. If you feel like you could benefit from these shopping rewards, this card could be perfect for you. You can head to Hudson’s Bay and apply for your credit card in person.

How to Contact HBC Mastercard

Head Office

8925 Torbram Road Brampton,

ON L6T 4G1.

Telephone: (905) 792-4400

Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.