Credit Card Fees and Charges

Credit Card Fees and Charges

Details

HSBC Low Rate

Credit Card

HSBC Platinum
Credit Card

HSBC Platinum
Qantas Credit
Card

HSBC Premier
World
Mastercard®
                                                                

Apply now

 

Key Fact Sheet (PDF, 43 KB)

 

Apply now

 

Key Fact Sheet (PDF, 42 KB)

Apply now

 

Key Fact Sheet (PDF, 43 KB)

Enquire now

 

Key Fact Sheet (PDF, 44 KB)

Limited time offer

 

0% p.a. on purchases for the first 12 months13

 

 

Apply by

31 December 2019

31 December 2019

31 December 2019


Annual Credit Card Fee (other fees and charges apply)

$99

Annual Fee refund1

$0 Annual Fee in the first year (saving you $79)6

Rewards Plus2 - $0
Qantas Rewards3 - $99

Balance Transfer offer from non-HSBC credit cards on application (reverting to the variable cash advance rate)

0%p.a. for 20 months4 (a 2% balance transfer fee applies12)

0% p.a. for 12 months 4 with No BT Fee

0% p.a. for 12 monthswith No BT Fee

5.99% p.a. for 6 monthswith No BT Fee

Rewards program

Rewards Plus2

Qantas Frequent Flyer Program3

Choice of Rewards Plus2 or Qantas Rewards3

Points earned per dollar

Earn two points per dollar on overseas purchases and one point per dollar for all other purchases. (Capped at 10,000 per statement period).

Earn 1 Qantas Point3 per $1 spent up to $2,500 per statement period on eligible purchases made in Australia and overseas. Every $1 spent thereafter will earn 0.5 Qantas Points3 up to a total of 7,500 Qantas Points per statement period.

HSBC Rewards Plus - Earn 1 HSBC Reward Point2 for every dollar spent on eligible domestic purchases5 and 1.5 HSBC Rewards Points2 on eligible international purchases (point capping applies).
HSBC Qantas Rewards - Earn 1 Qantas Point3 for every dollar spent on eligible purchases5 (point capping applies).

HSBC Instant Savings

Instant Savings are now at your fingertips with a free membership to Frequent Values™ by Entertainment Publications. You can enjoy more than 4,500 exciting offers at participating restaurants, supermarkets, department stores, cinemas, family attractions, hotels and much more across Australia and New Zealand every time you use your credit card.

Complimentary Insurance

Domestic Travel Insurance(Eligibility criteria and conditions apply – Terms and Conditions available at hsbc.com.au/credit-cards/terms/)

Complimentary insurance benefits11 including Domestic and International Travel Insurance, Extended Warranty Insurance, Guaranteed Pricing Scheme, Transit Accident Insurance and Purchase Protection Insurance. (Eligibility criteria and conditions apply - Terms and Conditions available at hsbc.com.au/credit-cards/terms/)

HSBC My Card Controls

You now have the ability to control your own card. Simply log on to Online Banking and customise restrictions on your transactions by amount, type or country.

Mobile Payments14
Apple Pay and Google PayTM can be made wherever you can make contactless purchases using your HSBC card.

Complimentary Lounge Passes

Travel like a high-flyer with 2 airport lounge passes every year with complimentary LoungeKey membership. New lounge passes are provided on 1st January year after year.

home&Away Privilege Program10

 

Enjoy special discounts and offers at over 19,000 retailers in more than 160 countries and territories with the home&Away Privilege Program.

Included

Included

Included

Included

Visa Premium benefits

Visa Premium Benefits is your connection to money-can't-buy experiences, from backstage passes to tickets to gallery openings. It's a range of special privileges just for you. For more information, visit visapremium.com.au

World Program

Simply visit World Mastercard to be the first to know about the latest offers and exclusive privileges reserved only for World Mastercard cardholders.

Variable Interest Rate on Purchases

12.99% p.a.

19.99% p.a.

19.99% p.a.

19.99% p.a

Variable Interest Rate on Cash Advances

25.99% p.a.

21.99% p.a.

21.99% p.a.

21.99% p.a.

Interest Free period on purchases

Up to 55 days interest-free on purchases7 (when you pay the full balance excluding any  balance transfer , cash transfer, and promotional purchases, by the due date each month)

Interest Free on in-store purchases

Ability to make interest free purchases8 of up to 5 years at over 1,000 participating retail outlets across Australia. (Minimum purchases apply. Interest rate reverts to the cash advance rate after the promotional period).

Additional Cardholder Fee (other fees and charges apply)

$0

$0

$0

$0

Minimum Credit Limit

$1,000

$6,000

$6,000

$15,0009

 

HSBC Low Rate
Credit Card

 

Apply now

 

Key fact sheet (PDF, 43 KB)

 

HSBC Platinum
Credit Card

 

Apply now

 

Key Fact Sheet (PDF, 42 KB)

HSBC Platinum
Qantas Credit
Card

 

Apply now

 

Key Fact Sheet (PDF, 42 KB)

HSBC Premier
World
Mastercard®

 

Enquire now

 

Key Fact Sheet (PDF, 44 KB)

Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Offers available to new, approved HSBC credit cardholders who apply by 31 December 2019 for the HSBC Low Rate Credit Card, 31 December 2019 for the HSBC Platinum Credit Card and 31 December 2019 for the HSBC Platinum Qantas Credit Card. Fees, charges, terms, conditions and HSBC lending criteria apply to all credit cards issued by HSBC. Visit hsbc.com.au or call 132 152. Interest rates are valid at the time of publication and are subject to change. HSBC credit card account holders who have previously cancelled their card may be ineligible for these promotional offers. Eligibility criteria for HSBC Premier apply and are set out in the HSBC Premier Personal Economy brochure (PDF, 3.6 MB)
Eligibility criteria remain at HSBC's absolute discretion. terms, conditions and other restrictions apply. Visit hsbc.com.au or call 1300 301 168. Mastercard is the trademark of Mastercard International Incorporated. PayPass is the trademark of Mastercard International Incorporated.

HSBC Instant Savings terms and conditions apply. Visit hsbc.com.au/credit-cards/terms/ for full details.

Airport Lounge Passes terms and conditions apply. Visit hsbc.com.au/credit-cards/terms/ for full details.

1 $129 Annual Fee will be charged on the account within 2 months after the first debit transaction and every 12 months thereafter. The annual fee will be refunded for customers who spend $6,000 on eligible purchases within 12 months from the date the Annual Fee is charged. Refunds will be posted automatically within 30 days of eligible spend criteria being met, if your account is current and in good state. Eligible purchases exclude interest free and other promotions, balance transfers, cash transfers, business expenses, cash advances, fees and charges, any disputed transactions and government fees and charges.

2 Rewards Plus Program terms, conditions and points capping limits apply.

3 Qantas Points accrue in accordance with and subject to the HSBC Qantas Rewards Terms and Conditions. No points are earned on balance transfers, cash advances,cash transfers, business expenses, fees and charges, any disputed transactions, BPAY® and any government fee or charge. You must be a member of the Qantas Frequent Flyer program and provide your valid membership number to HSBC in order to earn and redeem points. Membership and the earning and redemption of points is subject to the terms and conditions of the Qantas Frequent Flyer program available at qantas.com/terms.

4 To be eligible for the introductory balance transfer rate, the balance transfer request must be made at the time of applying for the new HSBC credit card. Your total balance transfers must not exceed 90% of your approved credit limit. The interest rate on the balance transfer applies for 20 months for the HSBC Low Rate Credit Card and 12 months for the HSBC Platinum Credit Card. The balance transfer must be from non-HSBC credit cards. After this period, any balance outstanding from the balance transfer will accrue interest at the cash advance rate (currently 21.99% p.a. as at 1 May 2019 and subject to change). HSBC will allocate payments we receive from you to pay off the portion of your balance which attracts the highest interest rate first and subsequently to portions of your balance attracting lower interest rates. This may mean applying any and all payments made to your HSBC credit card account to pay off other transactions such as purchases and cash advances before any balance transfer amount.

5 Eligible purchases exclude interest free and other promotions, balance transfers, business expenses, cash advances, fees and charges, disputed transactions, BPAY® and any government fee or charge.

6 $79 annual fee will be waived in the first year, and will be charged annually from the anniversary of the account opening date in each subsequent year.

Depending on when you make your purchases, when your statement is issued, and if you pay off the outstanding balance on your next statement of account on or before the due date. There are no interest free days for cash advances. You will not gain the benefit of the interest free period unless you pay the full balance (excluding any balance transfer, cash transfer and promotional purchases) by the due date.

8 Available at participating retailers only. A list of retailers is available at www.hsbc.com.au/credit-cards/classic/. Minimum purchase and conditions apply. Interest free finance is applied only to promotional transactions for the specified period. Balances outstanding at the end of the promotional period will form part of the normal account balances and will accrue interest at the cash advance rate (currently 21.99% p.a. for HSBC Premier World Mastercard, 21.99% p.a. for HSBC Platinum Qantas Credit Card, 21.99% p.a. for HSBC Platinum Credit Card and 21.99% p.a for HSBC Credit Card as at 2 September 2019). Monthly repayments are required and calculated at 3% of the outstanding balance or $30, whichever is higher.

9 HSBC Premier World Mastercard is based on a minimum credit limit of $15,000. For access to credit limits above this amount, you will need to complete a separate application form. The provision of a credit card is subject to local statutory and regulatory requirements. Fees, charges, terms and conditions apply. All applications are subject to HSBC's lending criteria.

10 home&Away Privilege Program terms and conditions apply

11 Insurance policies are issued by AWP Australia Pty Ltd Pty Ltd ABN 52 097 227 177(AFSL No. 245631) trading as Allianz Global Assistance (under a binder from Allianz Australia Insurance Limited ABN 15 000 122 850 (AFSL No. 124708)) to HSBC Bank Australia Limited (ABN 48 006 434 162) (AFSL 232595). Terms and conditions, limits and exclusions available at www.hsbc.com.au. An excess may apply. HSBC does not issue these insurances and does not receive commissions on these policies or guarantee any benefits under this cover. HSBC has entered into master policies for the benefit of cardholders. The cover provided is at no additional cost to cardholders. This document provides general information only and does not take into account what you currently have, want or need for your financial future. You should consider these matters and read the Information Booklet available at hsbc.com.au or by calling 1800 648 093.

12 The Balance Transfer Fee will be calculated as a percentage of the balance being transferred to your HSBC credit card account. This fee will be applied at the time the balance is transferred and forms part of your total outstanding balance.

13 The 0% p.a. promotional interest rate on purchases is valid for 12 months from the date of card approval. At the end of the 12 month period, the interest rate will revert to the standard variable purchase interest rate for your account at that time. Only available to Platinum applications received between 1 May 2019 and 31 October 2019. Only available on the HSBC Platinum Credit Card. Offer is not available when transferring your account from another HSBC credit card account or in conjunction with any other HSBC credit card offer (including any credit card offers available to HSBC Home Loan customers, HSBC Staff or the HSBC Corporate Employee Program).

14 Terms and conditions apply to the use of Apple Pay and Google Pay. Excludes HSBC Corporate Cards.