HSBC is a major global bank that's been in Australia since the 1980s. Its range of credit cards gives you a choice of low-cost features, platinum perks, rewards and even a corporate option. It is also the only credit card brand in Australia to offer gold frequent flyer status with the Star Alliance airline network.
Compare HSBC Credit Card Offers
We update our data regularly, but information can change between updates. Confirm details with the provider you're interested in before making a decision.
Types of credit cards from HSBC
HSBC rewards credit cards
The HSBC Platinum and HSBC Premier World Mastercard give you a way to earn points per $1 on your eligible spending through HSBC Rewards Plus. You can redeem your points for gift cards, cashback on your account and point transfers to Velocity Frequent Flyer. With the HSBC Premier World Mastercard, you can also transfer points to Singapore Airlines KrisFlyer or Cathay Pacific Asia Miles.
HSBC frequent flyer credit cards
The HSBC Platinum Qantas Credit Card offers up to 1.5 Qantas Point per $1 on all eligible spending and complimentary travel insurance. Depending on when you apply, you could also get value from an introductory bonus points offer.
The HSBC Star Alliance Credit Card earns up to 1 Star Alliance Point per $1, which you can transfer to a choice of 7 Star Alliance partners, including Singapore Airlines KrisFlyer, Air Canada Aeroplan and Air New Zealand Airpoints. It also has an introductory gold status offer and annual gold or silver status for a choice of Star Alliance airlines, which is a unique frequent flyer feature for Australian credit cards.
HSBC balance transfer credit card offers
The range of personal HSBC credit cards can include 0% balance transfer offers that give you a way to save on interest when you transfer an existing balance or balances. HSBC allows balance transfers from Australian credit cards and store cards held with different brands and issuers.
To get a 0% balance transfer offer with HSBC, you usually need to include details of your balance transfer request when you apply for the HSBC credit card. But keep in mind that a higher rate applies at the end of the introductory period, and these offers are only available for a limited time.
HSBC low rate credit cards
The HSBC Low Rate Credit Card has a 12.99% p.a. interest rate for purchases, which is competitive with other low rate credit cards in Australia. It also offers complimentary domestic travel insurance and no foreign transaction fees.
Corporate credit cards
The HSBC Corporate Card is suited to businesses that want access to credit and expense management tools. It allows you to classify spend limits by departments and business units, offers complimentary travel insurance and includes zero liability for misuse.
Features you can get with an 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'll be emailed details of your Frequent Values membership. You can use these details with the and Frequent Values app to search for offers, then follow the instructions to redeem them 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.
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 May 2023, we saw offers with brands including Agoda, Avis, Booking.com and LG electronics.
Mobile wallets and contactless payments
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. To get started, make sure you meet the eligibility requirements and have the documents and details you need to include on the application.
- Age. You must be at least 18 years of age.
- Residency status. You must be an Australian resident.
- Credit history. You'll typically need a good credit score to get a credit card from HSBC.
You'll need to meet the income requirements for your chosen HSBC credit card. For example, the HSBC Platinum Credit Card has a minimum income requirement of $40,000 per year and the HSBC Star Alliance Credit Card has a minimum income requirement of $75,000 per year.
Documents and details
- Personal information. This includes your current home address and previous home address if you’ve recently moved.
- 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.
What happens after you apply?
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.
Credit card brands similar to HSBC
If you want a credit card from a global brand, here are 3 other credit card providers you could compare with HSBC:
Frequently asked questions
Contact details and related links
More guides on Finder
HSBC Star Alliance Credit Card
The HSBC Star Alliance Credit Card offers points and perks with partners including Singapore Airlines, Air New Zealand and United. Is it right for you?
HSBC Platinum Credit Card
This card offers 0% interest on balance transfers for 12 months, a first-year annual fee waiver and platinum benefits including airport lounge passes and 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 Low Rate Credit Card
The HSBC Low Rate Credit Card has a 0% balance transfer offer and a low ongoing interest rate for purchases – here's what else you need to know.
Ask an Expert