HSBC Low Rate Credit Card

Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Offers available to new, approved HSBC credit cardholders.  Fees, charges, terms, conditions and HSBC's lending criteria applies 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.

View Terms and conditions for full details.

HSBC credit card account holders who have previously cancelled their card may be ineligible for these promotional offers.

1. An overseas transaction charge is normally payable when you make a transaction on your account in a currency other than Australian dollars or you make a transaction on your account in any currency (including Australian dollars) that is processed or billed (by either the merchant, its financial institution or payment processor) outside of Australia.
   
2. To be eligible for the introductory Balance Transfer rate, the Balance Transfer request must be made when applying for the new HSBC credit card and must be from non-HSBC credit cards.  The total balance transfer amount must not exceed 90% of your approved credit limit. For the HSBC Low Rate Credit Card, the introductory interest rate on the balance transfer applies for 20 months from the day your Balance Transfer has posted. After this period, any balance outstanding will accrue interest at the current cash advance rate (currently 25.99% p.a. as at 4 December 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 then to portions of your balance that attract lower interest rates. This may mean applying all payments made to your account to pay off other transactions such as purchases and cash advances before any balance transfer amount.
3. If applicable the Balance Transfer Fee will be calculated as a percentage of the balance being transferred to your HSBC credit card account. This fee is applied at the time the balance is transferred and forms part of the total outstanding balance.
4. Complimentary Insurance covers: AWP Australia Pty Ltd ABN 52 097 227 177 AFSL 245631 trading as Allianz Global Assistance (AGA) under a binder from the insurer, Allianz Australia Insurance Limited ABN 15 000 122 850 AFSL 234708, has issued a group policy to HSBC Bank Australia Limited ABN 48 006 434 162 AFSL and Australian Credit Licence 232595 (HSBC), which allows eligible HSBC account holders and cardholders to claim under the group policy as third party beneficiaries by operation of s48 of the Insurance Contracts Act 1984 (Cth). Any advice on insurance is general advice only and not based on any consideration of your objectives, financial situation or needs. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the Information Booklet available at HSBC Credit Card Terms and Conditions which may be amended from time to time. Consider its appropriateness to these factors before acting on it You can contact AGA on 1800 648 093. 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.
5. Up to 55 days interest free on purchases will depend 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 only receive the benefit of an interest free period on purchases if you pay your full closing balance (excluding any balance transfer, cash transfer and promotional purchases) by the due date.
6. Terms and conditions apply to the use of Apple Pay and Google Pay. Excludes HSBC Corporate Cards.
7. If during the period of your cover, you (and your spouse/dependents, if they're eligible for cover) are positively diagnosed as suffering a sickness recognised as an epidemic or pandemic (such as COVID-19) cover may be available under selected Domestic Travel Insurance benefits. The eligibility criteria, terms, conditions, limits and exclusions of the group policy are set out in the Information Booklet available at HSBC Credit Card Terms and Conditions.