HSBC Credit Cards – Comparison and Reviews | Finder

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.

HSBC

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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

HSBC Platinum Credit Card

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

Data updated regularly
$
% p.a.
Name Product Balance transfer rate Purchase rate Annual fee Amount saved
HSBC Platinum Credit Card
0% p.a. for 36 months
19.99% p.a.
$29 annual fee for the first year ($129 p.a. 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.
HSBC Platinum Qantas Credit Card
0% p.a. for 12 months
19.99% p.a.
$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.
HSBC Platinum Credit Card - Bonus Points Offer
19.99% p.a.
$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.
HSBC Low Rate Credit Card
0% p.a. for 20 months with 2% balance transfer fee
12.99% p.a.
$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.
HSBC Premier World Mastercard
19.99% p.a.
$0
Offers a choice of either HSBC Rewards Plus or HSBC Qantas Rewards programs, complimentary travel insurance and a $0 annual fee.
HSBC Corporate Card
N/A
Offers online access to reporting through Visa IntelliLink, complimentary travel insurances and the ability to set individual spend limits.
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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:

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

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 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

Read more on this topic

  • 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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57 Responses

    Default Gravatar
    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.

      Default Gravatar
      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

    Default Gravatar
    rollieAugust 9, 2017

    what is the status of my credit card application hsbc?

      Default Gravatar
      JonathanAugust 9, 2017

      Hello Rollie,

      Thank you for your enquiry.

      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

    Default Gravatar
    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 ?

      Avatarfinder 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

    Default Gravatar
    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

      Avatarfinder 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

    Default Gravatar
    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?

      Avatarfinder Customer Care
      JonathanJune 11, 2015Staff

      Hi Pankaj,

      Thanks for your inquiry.

      Your points may vary on the credit card you will choose to apply. 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

    Default Gravatar
    pathreshJune 3, 2015

    Please update my credit card application status.

    Regards
    Pathresh

      Avatarfinder Customer Care
      sally.mcmullen@hiveempire.comJune 4, 2015Staff

      Hi Pathresh,

      Thank you for your question.

      You have come through to finder.com.au, not HSBC. You will need to contact HSBC directly to update your credit card application status.

      I hope this has provided some assistance.

      Thanks,

      Sally

    Default Gravatar
    hiJune 1, 2015

    Is HSBC a bad credit card company?

      Avatarfinder Customer Care
      JonathanJune 1, 2015Staff

      Hi user, thanks for your inquiry!

      HSBC does not provide products specifically aimed towards bad credit. HSBC requires that you have a good credit rating, be 18 years or older, be a permanent Australian resident and have a minimum income requirement (depending on the credit card).

      I hope this helps.

      Cheers,

      Jonathan

    Default Gravatar
    nazMay 7, 2015

    Hello do you do loans for people on centrelink and with a bad credit rating up to 5000

      Avatarfinder Customer Care
      JonathanMay 8, 2015Staff

      Hi Naz,

      Thanks for your inquiry.

      There are a few lenders who will consider you for a loan when you are receiving Centrelink payments. If this is your sole income you can find lenders who may consider you to borrow from our list of unemployed loans.

      You can also compare lenders who offer loans to Centrelink recipients and other government and community assistance programs that you can apply.

      For your other loan options, you may compare bad credit loans up to $5000. Before applying, 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.

      I hope this has helped.

      Cheers,
      Jonathan

    Default Gravatar
    charmaineMay 5, 2015

    Have applied for a hsbc credit card. It said your application being processed and will contact in few days. Does this mean application was declined

      Avatarfinder Customer Care
      JonathanMay 6, 2015Staff

      Hi Charmaine,

      Thanks for your inquiry.

      If an application is not instantly approved, it can go to conditional approval status, referral, or not approved. Please refer to the following link for information on checking on your credit card application.

      Cheers,
      Jonathan

    Default Gravatar
    HilaryMarch 31, 2015

    HSBC credit card – is there any travel insurance included ?
    what does it cover ?
    I assume you have to purchase your flights/accommodation with this card ?

    any excess ?

      Avatarfinder Customer Care
      JonathanApril 1, 2015Staff

      Hi Hilary,

      Thanks for your inquiry.

      Please see the following link for more information on which cards are included and the requirements with HSBC credit card insurance.

      Cheers,

      Jonathan

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