HSBC Credit Cards

Compare HSBC Credit Cards in Australia, with features including rewards, low fees – and one of the longest 0% balance transfer offers on the market right now.

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Updated Jul 19, 2021. What changed?

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HSBC is a major global bank that's been in Australia since the 1980s. It offers a range of credit cards with features that can help you pay off debt, earn more Qantas Points or flexible reward points or save on rates and fees.

HSBC Credit Card Offer

0% p.a. for 36 months on balance transfers
Discounted $29 first-year annual fee

Eligibility criteria, terms and conditions, fees and charges apply

HSBC Credit Card Offer

Enjoy a 0% introductory balance transfer rate for 36 months, with no balance transfer fee.

$29 first-year annual fee (reverts to $129 thereafter)
Complimentary travel insurance and 2 lounge passes per year
Earn 1 HSBC Rewards Point per $1 spent in Australia and 2 overseas
Purchase rate: 19.99% p.a. | Cash advance rate: 21.99% p.a.

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HSBC Credit Cards Comparison

Name	Balance transfer rate p.a.	Purchase rate p.a.	Annual fee
HSBC Platinum Credit Card	0% for 36 months	19.99%	$29 for the first year ($129 thereafter)	Save money with a 0% balance transfer rate for 36 months (with no BT fee), a first-year annual fee discount and free travel insurance.	Go to site More Info	Compare	loading Fetching your data...
HSBC Platinum Qantas Credit Card	0% for 12 months	19.99%	$99	Get 20,000 bonus Qantas Points when you spend $3,000 in the first 90 days. Plus, a 0% balance transfer and complimentary travel insurance.	More Info	Compare	loading Fetching your data...
HSBC Platinum Credit Card - Bonus Points Offer		19.99%	$129	84,000 bonus Rewards Plus points ($350 worth of gift cards) when you spend $3,000 in the first 90 days. Plus, travel insurance & lounge passes.	More Info	Compare	loading Fetching your data...
HSBC Low Rate Credit Card	0% for 20 months with 2% balance transfer fee	12.99%	$99	Receive up to 20 months interest-free on balance transfers with a 2% BT fee. Also enjoy exclusive offers with the home&Away Privilege Program.	More Info	Compare	loading Fetching your data...
HSBC Premier World Mastercard		19.99%	$0	Offers a choice of either HSBC Rewards Plus or HSBC Qantas Rewards programs, complimentary travel insurance and a $0 annual fee.	More Info	Compare	loading Fetching your data...
HSBC Corporate Card		0%		Offers online access to reporting through Visa IntelliLink, complimentary travel insurances and the ability to set individual spend limits.	More Info	Compare	loading Fetching your data...

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Types of credit cards from HSBC

From cards with no annual fee and low rates to platinum and business cards that offer competitive rewards programs, you can compare HSBC credit cards below:

Platinum and rewards credit cards

Platinum credit cards offer cardholders rewards, complimentary insurance, a personal concierge service, exclusive deals and other features that help cardholders get extra value from their card. HSBC offers two platinum products, the HSBC Platinum Credit Card and the HSBC Platinum Qantas Frequent Flyer credit card. The major difference between these two cards is the choice of rewards program. Frequent flyers may prefer to earn Qantas Points with the Platinum Qantas product, while reward seekers who want more flexibility would benefit from the HSBC Rewards Program that comes with the Platinum card. Both cards allow you to earn points on purchases which you can redeem for a variety of rewards including flights, gift cards, travel packages, merchandise and more.

Balance transfer credit card offers

HSBC balance transfer offers let you move your existing credit card debt onto a new card that charges low or no interest for an introductory period. You can transfer balances from Australian credit cards or store cards that are not issued by HSBC, and usually need to include details of your balance transfer request when you apply for a HSBC credit card that includes a balance transfer offer.

As well as saving you money on interest charges, this can help you pay off the debt faster. At the end of the introductory period, any debt left over from the transfer will be charged interest at the cash advance rate for your HSBC card. Also keep in mind that balance transfer offers are available for a limited time, and you need to apply before the promotional period ends.

Premium credit cards

The HSBC Premier World Mastercard is a premium credit card that offers cardholders more value for their money. This product gives you the choice of earning frequent flyer points with the HSBC Qantas Program or earning HSBC Reward points when you spend. Cardholders can also take advantage of a low balance transfer offer and complimentary insurance covers with no annual fee.

No annual fee cards

No annual fee credit cards can be an efficient way to keep your card costs low. If you don't use your card regularly or just want to avoid standard fees, the HSBC Premier World Mastercard charges $0 annual fee for the life of the card. While no annual fee cards generally come with fewer extra features, the HSBC Premier World Mastercard offers a rewards program as well as travel and purchase protection insurance.

Corporate credit cards

Corporate credit cards are designed to help businesses manage their expenses. These cards achieve this by offering benefits such as multiple cards with individual spend limits, travel insurances to cover business trips and easy online management to keep your business spending in check. All of this and more is offered by the HSBC Corporate Card. The HSBC card allows you to classify spend limits by departments and business units, offers complimentary travel insurance and comes with simplified expense management and detailed reporting systems.

Features you can get with a HSBC credit card

HSBC Instant Savings

HSBC Instant Savings is a unique credit card benefit that gives you access to travel, shopping, dining and other lifestyle deals through Frequent Values by Entertainment Publications. You can use these offers to save between 5% to 50% on your credit card spending with thousands of participating businesses in Australia and New Zealand.

Once you have a HSBC credit card, you just need to activate your HSBC Instant Savings account and start browsing offers. When you find an offer that you want to use, just follow the instructions to redeem it in-store or online. Usually, this is a similar process to what you'd expect with a coupon code offer, such as showing the offer to a staff member in-store, clicking a dedicated link for online specials or entering a code at the checkout.

Mobile wallets and contactless payments

You can add your credit card (except the HSBC Corporate Card) details to Apple Pay or Google Pay and use your eligible smartphone or smartwatch to make contactless payments at the terminal.

HSBC Interest Free

HSBC credit cards give you access to interest-free finance offers at over 1,000 participating retailers, with partners including Webjet, King Living (furniture) and Betta. When you're shopping with one of HSBC's merchant partners, let them know you want to pay with HSBC Interest Free and they'll let you know what options are available. The 0% interest period can last up to 60 months on select items, but keep in mind that you'll still have to make minimum repayments during that time.

HSBC home&Away Privilege Program

This program gives you access to special offers and discounts with partners in Australia and around the world when you use your HSBC credit card. To give you an idea of the options, when Finder looked on the HSBC home&Away website in April 2021, we saw offers included discounts on Hotels.com bookings, Agoda bookings and at Roses Only.

Online and mobile banking

You can check your balance, manage your account and send secure messages through HSBC's online and mobile banking platforms, as well as the HSBC app. With Online Banking, you can even set controls for your card based in the type of transaction, value or country.

How to apply for a HSBC credit card

You can apply for a HSBC credit card in around 10 minutes by filling in the online application form. After submitting your application, you'll get a response within 60 seconds. You'll then be asked to upload supporting documentation. If you're approved, your card will be posted to you in the mail and you'll get further details about setting up your credit card account.

To get started, make sure you meet the eligibility requirements and have the documents and details you need to include on the application.

Information needed for a HSBC credit card application

Personal information. This includes your current home address and previous home address if you’ve recently moved.
Residential status. While HSBC offers credit cards to non-temporary residents, however, you may need to speak to a HSBC representative directly if you wish to apply as a non-resident.
Employer’s details. You will be asked to provide your employer’s contact details. If you’re self-employed you may also be asked to provide your accountant’s contact information.
Financial information. The online application requires you to detail your financial situation. This includes information about your income, expenses, assets and liabilities. You may be required to confirm whether or not you have a mortgage or any dependent children and provide details regarding your savings and whether you get any income from assets such as shares or property.

Frequently asked questions about HSBC credit cards

You can activate your new HSBC credit card online or over the phone. To activate online:
1. Log into your Internet banking account
2. Select your credit card account
3. Click on "Manage your account" then "Activate Card" and follow the prompts
Alternatively, call 132 152 (or +612 9005 8511 if calling from abroad) and follow these steps:
1. Enter your card number
2. Follow the prompts to register your account for automated banking services
3. Select the card activation option and then follow the prompts to complete this process
You can choose from the following options for making repayments on your HSBC credit card:
- BPAY. Log into your Internet banking account and follow the instructions on how to set up a BPAY payment. The HSBC Biller Code is 17095 and your credit card account number is listed on your credit card statement. BPAY payments can take up to 2 business days to process and payments made after 6pm (EST) are only processed the next business day.
- Direct debit. You can set up automated direct debits from your bank account to pay off your credit card each month with the HSBC EasyPay credit card payment option. You can find the direct debit request form on the HSBC website. Your direct debit payments can be for a fixed monthly amount, the minimum amount or the full repayment amount. EasyPay direct debit payments are cleared after 2 working days.
- HSBC branch. Take your HSBC credit card statement to an HSBC banking branch and you can pay it there with cash or EFTPOS.
- Australia Post. Australia Post's Bank@Post service lets you pay your HSBC credit card account when you're at the post office. A $2.95 HSBC payment fee applies and you need to have your credit card statement with you to pay at Australia Post.
HSBC have agreements with more than 1,000 participating merchants that may allow you to get extended interest-free finance. Get the items you want and pay back the balance over a period of 3 to 60 months without paying any interest. You need to set up an interest-free finance agreement with the merchant if you want to make use of this feature. Please note that interest-free finance is different to the interest-free days feature on HSBC credit cards.
If you want to take advantage of the balance transfer promotion available with HSBC credit cards, generally, you need to be a new customer applying for the credit card. You can elect to conduct a balance transfer from a non-HSBC credit card, store card or charge card while you're completing your application. Make sure that you include the name of your financial institution, the amount you want to transfer and details of the account.
It's possible to request a balance transfer onto your existing HSBC credit card by logging in to your online account or by calling HSBC on 132 152.
With this option, the balance transfer rates and fees may be different to those offered for new customers. It will also be processed in real-time, so make sure you carefully check all the details before going ahead with an application for your existing HSBC card. If you have debt on a HSBC credit card, you can compare balance transfer offers from other banks to find an option that works for you.
The HSBC Platinum Qantas Credit Card allows you to earn Qantas Points on purchases. As well as a bonus points offer on sign up, you'll earn 1 Qantas Point per $1 spent on all eligible purchases. This excludes interest-free promotions, balance transfers, business expenses, cash advances, fees or charges, any disputed transactions, BPAY payments and any government fee or charge.
When you apply for the HSBC Platinum Qantas credit card, make sure you link your card with your Qantas Frequent Flyer account to start earning points. If you haven't already signed up to the Qantas loyalty program, you'll receive free membership when you sign up through HSBC.
When you activate a new HSBC credit card, you'll be sent a welcome email some time in the first 30 days. This email includes details of your HSBC Instant Savings membership, as well as a link to the app. You can then set up your account in three steps:
1. Download the app using the link in your welcome email.
2. Enter the client code, membership number and temporary password (provided in the email).
3. Provide your name and contact details, along with a secure password. Then follow the prompts to complete your registration.
After that, you can use the app to search for offers and use them.
Frequent Values is a program run by Entertainment Publications – and it provides the offers you'll see through HSBC Instant Savings. If you've ever bought or heard of the Entertainment Book, this is the same publisher and runs along similar lines. Basically, Frequent Values offers thousands of different promotions with companies in Australia and overseas. Partners include Coles, Woolworths, David Jones, Hoyts, Jetstar, Virgin Australia, Emirates, InterContinental Hotels and Mantra Hotels.
The HSBC Instant Savings offers you can get with a HSBC credit card vary depending on the partner and your location but some of the savings you could make as a member include:
- Up to 5% off at supermarkets and petrol stations
- Up to 10% off at department stores
- 20% off dining at participating venues in Australia (up to $25 per bill)
- Up to 50% off family activities and lifestyle purchases
- Up to 50% off hotels around the world

Thank you for your feedback!

Amy Bradney-George

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Amy has been writing about personal finance for more than 13 years – including over 600 articles as a senior writer for Finder. She is also the editorial lead for Finder Green, covering sustainability across different industries. Her work has appeared in publications including Money Magazine, The Sydney Morning Herald, Financy, ABC News Australia and Equity Magazine. Amy also has a Bachelor of Arts in Journalism and Drama from Griffith University.

More guides on Finder

HSBC Platinum Credit Card
This card offers 0% interest on balance transfers for 36 months, a discounted $29 first year annual fee and platinum benefits including airport lounge passes and complimentary insurance covers.
HSBC Platinum Credit Card – Balance Transfer Offer
Receive a 26-month interest-free balance transfer, a $0 first-year annual fee, plus platinum benefits including complimentary insurance covers.
HSBC Corporate Card
The HSBC Corporate Card offers expense management, flexible spending controls, liability protection and worldwide acceptance through the Mastercard network.
HSBC Premier World Mastercard
Designed for premium HSBC customers, the HSBC Premier World Mastercard offers points, complimentary insurance, airport lounge access and more.
HSBC credit cards complimentary travel insurance
Travel with peace of mind and save with complimentary travel insurance with your HSBC credit card.
HSBC Platinum Qantas Credit Card
The HSBC Platinum Qantas Credit Card is a premium option that earns frequent flyer points per $1 spent and offers complimentary insurance.
HSBC Rewards Plus
With HSBC credit card rewards program, cardholders get the ability to earn points on a one point to one dollar ratio that can be used for a vast array of rewards and extra points with HSBC partners.
HSBC Platinum Credit Card – Bonus Points Offer
Take advantage of 84,000 bonus points, plus platinum benefits such as complimentary insurance covers, airport lounge access and Instant Savings.
HSBC Low Rate Credit Card
The HSBC Low Rate Credit Card is designed for people who want to cut their costs with a low balance transfer offer and competitive purchase interest rate.

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57 Responses

ANNIEJune 29, 2019

Dear Sir,

I would like to cancel my HSBC VISA Platinum credit card. I have made a call 1800 2276868 on 29.06.19 at 1.20pm to cancel it. However, I am not sure if it has been successfully cancelled.

Please let me know the status.

Reply
- NikkiJune 29, 2019
  
  Hi Annie,
  
  Thanks for reaching out!
  
  To cancel your HSBC credit card and check if it was successfully processed, kindly follow up with them directly.
  
  If you need further assistance, here is a helpful article about cancelling an HSBC credit card.
  
  Best,
  Nikki
  
  Reply
rollieAugust 9, 2017

what is the status of my credit card application hsbc?

Reply
- JonathanAugust 9, 2017
  
  Hello Rollie,
  
  Thank you for your inquiry.
  
  I’m afraid we are not able to give you an update about your credit card application since we are not HSBC. However, we have a full guide on how to check your credit card application. You may want to read through that guide and gain more details about your query. After that, you can also get in touch with HSBC directly to learn more.
  
  Hope this helps.
  
  Cheers,
  Jonathan
  
  Reply
ScottApril 25, 2017

I have the HSBC platinum card and have read all the terms and conditions. I cannot see how BPay is treated and if it is considered a cash advance. How do I find this out ?

Reply
- finder Customer Care
  
  DeeApril 26, 2017Staff
  
  Hi Scott,
  
  Thanks for your question.
  
  HSBC does not consider BPAY transactions as eligible purchases, so you may be charged with cash advance rate. You can confirm this by getting in touch with HSBC directly.
  
  You may want to read our guide on what a cash advance is.
  
  Cheers,
  Anndy
  
  Reply
RhysOctober 13, 2015

I live in Australia can you Please help me but my credit is less than perfect but need a credit card i get 766 a fortnight and out of that i have 450 spare to spend on repayments thanks rhys

Reply
- finder Customer Care
  
  JonathanOctober 13, 2015Staff
  
  Hi Rhys, thanks for your inquiry!
  
  Depending on your credit history and whether you meet the application requirements for a card you will be eligible to apply. Unfortunately we are unable to give personal advice on your inquiry as finder.com.au is a comparison service. If you meet the application requirements you can contact the lender/ bank directly to clarify your chances of getting a credit card.
  
  Cheers,
  
  Jonathan
  
  Reply
PankajJune 11, 2015

When I apply for a C/C with no annual point. How many points can I get if I spend $1500 in first three months? I am looking forward to get 35000 points. Can you recommend me which card can you offer me?

Reply
- finder Customer Care
  
  JonathanJune 11, 2015Staff
  
  Hi Pankaj,
  
  Thanks for your inquiry.
  
  Your points may vary on the credit card you will choose to apply for. Please refer to the following link for a list of rewards credit cards and offers. Select ‘Go to Site’ to head over to their website to apply. Please ensure that you meet all the eligibility criteria and read through the details of the needed requirements as well as the relevant Product Disclosure Statements/Terms and Conditions when comparing your options before making a decision on whether it is right for you.
  
  Cheers,
  Jonathan
  
  Reply

HSBC Credit Cards

Compare HSBC Credit Cards in Australia, with features including rewards, low fees – and one of the longest 0% balance transfer offers on the market right now.

In this guide

Card Types

Cards from

0% p.a. for 36 months on balance transfersDiscounted $29 first-year annual fee

HSBC Credit Card Offer

HSBC Credit Cards Comparison

Compare up to 4 providers

Types of credit cards from HSBC

Platinum and rewards credit cards

Balance transfer credit card offers

Premium credit cards

No annual fee cards

Corporate credit cards

Features you can get with a HSBC credit card

HSBC Instant Savings

Mobile wallets and contactless payments

HSBC Interest Free

HSBC home&Away Privilege Program

Online and mobile banking

How to apply for a HSBC credit card

Information needed for a HSBC credit card application

Frequently asked questions about HSBC credit cards

How do I activate my HSBC credit card?

How to pay my HSBC credit card?

How do I get interest-free finance with HSBC?

What’s the minimum repayment on my HSBC credit card?

How do I apply for a HSBC balance transfer?

Can existing HSBC credit card customers get a balance transfer?

How much can I transfer to my HSBC credit card?

How do I earn Qantas Points with my HSBC credit card?

How can I use HSBC Instant Savings?

What is Frequent Values?

Do BPAY payments earn reward points?

Amy Bradney-George

More guides on Finder

Ask an Expert

57 Responses

Important information about this website

0% p.a. for 36 months on balance transfers
Discounted $29 first-year annual fee