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The HSBC Low Rate is designed to help you cut credit card costs. It charges competitive rates and fees and offers up to 60 months interest-free at participating retailers.
0% p.a.
Balance transfer rate
for 20 months with 2% balance transfer fee
12.99% p.a.
Purchase rate
$99 p.a.
Annual fee
55 days
Interest free period
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Product Name | HSBC Low Rate Credit Card |
---|---|
Balance transfer rate p.a. | 0% for 20 months with 2% balance transfer fee |
Balance transfer revert rate | Cash Advance Rate (25.99% p.a.) |
Balance transfer limit | 90% of available limit |
Purchase rate p.a. | 12.99% |
Annual fee | $99 |
Interest-free period | Up to 55 days on purchases |
Cash advance rate | 25.99% p.a. |
Min credit limit | $1,000 |
Card type | Visa |
Foreign currency conversion fee | 0% |
Minimum income | $40,000 |
---|---|
Available to temporary residents | Yes - Conditions apply |
Joint application | No |
Bonus points | N/A |
---|
Annual fee | $99 |
---|---|
Minimum monthly repayment | 3% of the closing balance or $30, whichever is greater |
Late payment fee | $30 |
Foreign currency conversion fee | 0% |
Cash advance fee | 3% or $4, whichever is greater |
Additional cardholder fee | $0 |
Review by
Sally McMullen is a creative content producer at Finder. Sally has written about credit cards for almost 5 years, authoring almost 900 articles on Finder alone. She has also been published in Yahoo Finance, Dynamic Business, Financy and Mamamia, as well as Music Feeds and Rolling Stone. Sally has a Bachelor of Communication and Media Studies majoring in Journalism (Hons) from the University of Wollongong.
June 27, 2017
Hello I am Richard, and I want credit card how much it’ll cost for I to buy. Not expensive no chip.
June 27, 2017
Hi Richard,
Thanks for your question.
When you say credit card cost, do you mean annual fee? If so, that will vary depending on the credit card. Please feel free to check our list of credit cards with no annual fees.
Cheers,
May
May 30, 2017
i would like to get a credit card
May 30, 2017
Hi Janey,
Thank you for your inquiry.
When deciding to get a credit card, it’s always useful to consider the purpose of the credit card. Also, you’d need to factor in how you will use it and how these tie into your financial situation.
If you are interested in applying for the HSBC Low Rate Credit Card, you can do so for as long as you meet all the eligibility criteria of that card. You can find the eligibility requirements for this one above under “How to apply for the HSBC Low Rate Credit Card”.
Just in case you want to explore other options, please feel free to read our list of featured credit cards on our website.
Hope this helps.
Cheers,
May
May 25, 2017
Hi guys i want to consolidate my 2 cr cards from suncorp an st george is this possible with ur 0% transfer to HSBC ?
Cheers Todd
May 26, 2017
Hi Todd!
Thanks for the comment.
Yes, you can transfer your credit card balance from Suncorp and St George to this HSBC Low Rate credit card so long that you meet the eligibility criteria and requirements of this card. Please also note that the total amount you can transfer should not exceed your approved credit limit.
If you think you are eligible for this card, please click on the “Go to HSBC website” green button to proceed with your application.
Kind regards,
Jonathan
May 14, 2017
we have a st. george credit card and want to know if a balance transfer is possible? our query is if HSBC is independent to westpac, st. george and bank of melbourne?
May 14, 2017
Hi Linc,
Thank you for your inquiry.
Yes, transferring a balance to HSBC credit card from St. George is possible. You can successfully do that if you meet all the eligibility criteria and requirements of the HSBC credit card. If you are eligible and wish to apply for the HSBC Low credit card to take advantage of the 0% p.a. for 15 months (with 2% balance transfer fee) offer, please click on the “Go to site” button above.
As for your second question, yes, HSBC is a different financial institution from Westpac Group that underwrites St. George, BankSA, Bank of Melbourne and Westpac credit cards. You can refer to our guide about which bank you can balance transfer to/from.
Hope this helps.
Cheers,
May
April 4, 2016
HSBC has upgraded me to a Platinum card which I do not wish to have. How do I reverse back to the basic card?
April 5, 2016
Hi Cassy,
Thanks for your question.
You will need to contact HSBC on 132 152 to report the issue and to ask for your card to be reverted.
I hope this has helped.
Cheers,
Sally