HSBC Credit Cards
Compare HSBC Credit Cards in Australia, with features including rewards, low fees – and the longest 0% balance transfer offer on the market right now.
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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.
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.
HSBC Credit Cards Comparison
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:They offer balance transfer promotional periods on other credit cards that can deliver further savings, too. HSBC has a strong presence in the premium end of the credit card market, with a range of platinum products to choose from. One such card gives you enrollment to the HSBC Rewards Plus Program, while the other platinum credit card lets you earn Qantas Points when you spend. The Premier World Mastercard rounds out their suit of products. This card is a step above platinum and delivers VIP treatment when you shop and when you play worldwide.
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.
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.
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.
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
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 online in around 10 minutes by filling in a secure application form on the HSBC website. To get started, make sure you meet the eligibility requirements and have the documents and details you need to include on the application.
While each card has a different set of requirements, you'll usually need the following:
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
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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 Classic Credit Card
The HSBC Classic gives you access to in-store finance offers at thousands of retailers around Australia, but make sure you look at the costs first.
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.
Complete guide to HSBC complimentary credit card insurance
Travel with peace of mind and save with complimentary travel insurance with your HSBC credit card.
HSBC Credit Card FAQs
All of your HSBC credit card questions answered.
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 Credit Card Rewards Program
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.
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