HSBC Credit Cards
HSBC is one of the most well known and well respected financial institutions in the world. In addition to the company’s popular online banking accounts, they are well known for offering top of the line credit cards. Consumers interested in doing business with a reputable bank that is standing on solid ground should definitely consider HSBC not least because of their great rates.
| credit card details | purchase rate (p.a.) | balance transfer (p.a.) | balance transfer period | annual fee | online application |
|---|
| credit card details | purchase rate (p.a.) | balance transfer (p.a.) | balance transfer period | annual fee | online application | |
|---|---|---|---|---|---|---|
|
HSBC Credit Card 0% on balance transfers for 6 months and no annual fee, ever. |
17.99% | 0% | 6 months | $0 | |
|
HSBC Platinum Credit Card 0% on balance transfers for 6 months. No annual fee for the 1st year. Platinum priveleges. |
19.99% | 0% | 6 months | $0 | |
|
HSBC Platinum Qantas Credit Card Get 10,000 bonus QFF points for signing up & then earn 1 QFF point per $1 spent. |
20.99% | 0% | 6 months | $199 | |
Help with Choosing an HSBC Credit Card
When comparing the market, you don’t want to jump the gun and choose a credit card before you have an idea of what all your choices are. From cards with no annual fee to those with a rewards program, your options are broad.
As a consumer, you are in the unique position to choose an HSBC credit card that is best for you and your personal finances. The card that you choose may not be the same as the next person, as no two people are dealing with the exact same financial situation. Therefore, it is recommended that you carefully consider exactly what it is that you are looking for before filling in any application.
- Which one will better your situation? – For some, the answer to this question is simple: the credit card with the lowest interest rate. Others, though, are more interested in a credit card that allows them to easily earn reward points.
- Compare, compare, and compare some more – With so many deals to consider, you don’t want to apply for the first credit card offer that you find. HSBC’s offers may be good for some people, but inappropriate for others.
- Make a list of wants and needs – You may not find the perfect credit card, but you want to make sure you choose one that has excellent rates and offers as many benefits as possible. When you have a list of wants/needs it is much easier to make a final decision.
Pros
- Competitive products – Just like everything from HSBC, its credit cards are competitive when compared to the rest of the industry.
- Low rates – No matter if you choose a low rate credit card or one from another category, you will find that the purchase, cash advance, and balance transfer rate is on the cheaper end of the scale.
Cons
- Strict income requirements – This is not the case with every credit card from HSBC, but some of the highly desired offers require a high annual income.
- Aimed at the higher end – HSBC cards are aimed at the higher end of the market. They tend to require higher annual incomes, better credit scores and a better credit history.