About HSBC credit card...
- Market leading 0% purchase deal
- Useful long-term balance transfer offer
- Security against fraud
Market-leading 0% purchase deal...
The HSBC credit card is now offering a market-leading 12-month (that's the longest available!) 0% deal on purchases.
With such a long 0% rate on new purchases, you'll be able to spend, spend, spend and then spread your repayments over the next year - perfect for anyone planning any home improvements or a holiday in the sun!
0% purchase deals have no time-limits outside of the general introductory period - so any purchases bought within the 12 month period will qualify for the 0% rate.
However, it's important to remember that any purchases not repaid by the end of the 12-month introductory period will be moved to the standard interest rate - so try and repay your spending spree before this time next year!
Long-term balance transfer offer...
Anyone who has built up a bit of a worry on their credit cards can transfer them to the HSBC credit card and enjoy a low 2.9% p.a. interest rate for the next 2 years.
While this isn't a 0% deal - 2.9% p.a. is a very competitive and low rate. What's more, instead of a rushed 12 months you'll be able to balance your repayments over the next 2 years.
Bear in mind, this balance transfer deal does carry a 2.5% transfer fee and transfers must be made within 30 days of opening your account.
Security benefits...
The HSBC credit card comes with a host of security benefits including no online fraud liability and HSBC's fraud detection system.
You'll also be able to benefit from Global Assistance that will get you an emergency card replacement and emergency cash if you ever need it.
Anyone who also holds a HSBC bank account will be able to benefit from the price promise insurance, which covers you in the case that you find an item cheaper elsewhere within 60 days.
Apply for HSBC credit card 
| Interest Rates and Fees |
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Notes.. |
| Typical APR |
15.9% APR (variable) |
Up to 22.9% APR. The rate you will receive will depend upon an assessment of your circumstances. |
| Introductory Purchases |
0% for 12 months |
Payments are applied towards promotional balance transfers before promotional purchases. |
| Balance Transfers |
2.9% for 24 months |
Must be made within 30 days of account opening from non-HSBC credit cards. Payments are applied towards balance transfers first. |
| Balance Transfer Fee |
2.5%
(£5 minimum) |
Balance transfers carry a handling fee. |
| Cash Withdrawal Rate |
21.9% p.a. (variable) |
Up to 27.8% p.a. This is the rate you are charged on balances resulting from using a cash machine, getting cash back at the supermarket, using credit card cheques, bill payments and buying foreign currency or travellers cheques. |
| Cash Withdrawal Fee |
2.5%
(£2.5 minimum) |
When you use your credit card to get cash you will be charged a 'handling fee' for doing so. |
| Annual Fee |
£0 |
-
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| Foreign Transaction Fee |
2.75% |
This is fee you will be charged for credit card transactions made abroad.
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| Cardholder Services & Extras |
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|
Notes.. |
| Online Account Management |
Yes |
You can log in to the HSBC website and manage your HSBC credit card account online. |
| Price Promise Insurance |
Up to £1,000 per item (£5,000 a year) |
You must hold a HSBC bank account to benefit. Price promise insurance covers the purchase of branded goods on the UK high street, if you find the identical item for at least £10 less within 60 days, you could claim the difference (excludes Internet purchases). |
| No Online Fraud Liability |
Yes |
There is no liability for unauthorised online transactions made with your HSBC credit card without your knowledge or consent. |
| Global Assistance |
Emergency card replacement and emergency cash |
If you lose your HSBC credit card HSBC will get you a new one in 24 hours and can get you an emergency cash advance in 4 hours. |
| Other Extras |
Fraud detection system, MasterCard SecureCode, Chip and Pin |
- |
| Optional Extras |
CardGuard protection, Repayment protection |
These are extras that you can choose, but you will have to pay for them. |
| Payments & Payment Details |
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|
Notes.. |
| Credit Limit |
£500 minimum |
Credit limit may vary from person to person and is subject to status. |
| Interest Free Period |
Up to 56 days |
For purchases if you pay your balance, including balance transfers, in full and on time. This is the amount of time you have to clear your balance in full each month before you are charged any interest. There is no interest free period on balance transfers outside of the introductory period or cash advances. |
| Minimum Monthly Payment |
2.5%
(£5 minimum) |
The minimum monthly payment is the smallest amount you must pay each month (unless your credit card balance is zero). |
| Allocation of Payments |
Promotional Balance Transfers, Purchases, Standard Rate Balance Transfers, Credit Card Cheques, Cash Advances |
When you make a payment to this card, payments will be applied in this order. |
| Default Charges |
£12 |
This is how much you will be charged for late payments (£12), returned payments (£5), stopped or returned credit card cheques (£12) or if you go over your credit limit (£12). |
| Card Details |
| |
|
Notes.. |
| Online Application |
Yes |
- |
| Card Type |
Classic |
-
|
| Payment Company |
MasterCard |
This is the company who provides the payment technology and infrastructure to allow you to use this credit card. retailers and ATM machines displaying the 'MasterCard' logo will accept this card. |
| Card Issuer |
HSBC |
This is the bank behind your credit card. |
| Card Advertiser |
HSBC |
This is the company who advertises and promotes this credit card. |
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HSBC Credit Card
| Typical APR |
 15.9% APR |
 |
| Intro Purchases |
| 0% for 12 months |
|
| Balance Transfers |
 2.9% for 24 months
2.5% transfer fee - £5 min |
|
| Interest Free Period |
| Up to 56 days |
|
| Annual Fee |
| £0 |
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| You should only apply if you are: |
| • Aged 18 or over |
| • UK resident |
| • Do not already hold a HSBC Bank credit card |
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More about HSBC credit card...
Introductory Purchase Rates
The HSBC credit card offers a month-watering 12-month 0% rate on new purchases - and comes in with the longest 0% purchase offer available.
Perfect for splashing out now and paying later, any goods or services bought with the HSBC credit card won't incur any interest charges for 12 months.
Remember, the 0% purchase period will start from the day your account is opened - and not from the first time you spend on the card.
If you have any large purchases to make, plan a little in advance and try and buy the item or item's you need as soon as you receive your plastic in the post - this will enable you to benefit from the whole length of the 0% period and give you more time to pay back your spending.
Balance Transfers
The HSBC credit card also offers a low-rate balance transfer deal. Offering 2.9% per annum on balances transferred from other credit cards for the next 24 months.
Perfect for anyone with a large card debt to clear or who doesn't fancy the rush of ending 0% deals.
Balance transfers do carry a 2.5% handling fee and must be made within 30 days of opening your account - try and begin the transfer during card application if you can, or as soon as your account is opened.
An important point to make is that any payments you make to the HSBC credit card will go towards promotional balance transfers first, and then to purchases, and finally to cash withdrawals.
The thing to bear in mind with this 'allocation of payments' clause is that if you make use of both the 0% purchase offer and the 2.9% p.a. balance transfer offer - you will have to repay your balance transfer in full, before your payments will clear any new purchases - so if you fail to clear your balance transfer within 12-months, your purchase balance will begin accruing interest charges at the standard rate (15.9% p.a. - 22.9% p.a.).
Also, you should avoid using the HSBC credit card to withdraw cash - via ATM machines, 'cash back' at the supermarket, or buying foreign currency - if you are going to use either the promotional purchase or the promotional balance transfer deal. This is because your 'cash withdrawal' balance will accrue interest charges until you've first repaid any new purchases or balance transfers in full.
Security Features
The HSBC credit card comes packed with security features to help keep your money safe. With the HSBC credit card you'll get an Internet fraud guarantee, so you will not be held liable for any fraudulent transactions made with your card online, without your knowledge or consent.
HSBC also offer a fraud detection system, so they'll keep an eye on your account and if they notice anything unusual they will get in touch to make sure it isn't fraudulent.
Price Promise Insurance (with current account)
For HSBC current account holders, the HSBC credit card offers price promise insurance. That means that any new goods you buy on the UK high street will be covered if you find the same item for at least £10 less within 60 days. You could claim back the difference up to £1,000 each item, with a maximum claim limit of £5,000 a year.
Assistance Abroad
Whether you are holidaying abroad or travelling, if you happen to lose your HSBC credit card, HSBC will get you a replacement card in 24 hours, and they will also be able to get you an emergency cash advance in 4 hours.
Final word
The HSBC credit card is the must-have choice for anyone looking to buy now and pay later.
Alternatively, large balance transfers are also very well suited to the HSBC credit card - giving you the next 2 years at a rate barely much more than 0% to pay back your debt.
Apply for HSBC credit card
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