Why choose a Platinum card? 

Enhance your life with the HSBC Platinum Credit Card with:
  • 0% p.a. Balance Transfer for 22 months1 with No BT Fee.
  • Free car rental excess insurance4 with every car rental hire.
  • 20% off7 dining and Retail savings of up to 25%7 with your free membership to Frequent Values™ by Entertainment Publications. See full list of participating merchants here.
  • Apple Pay and Google PayTM. Enjoy the convenience of mobile payments9 wherever you can make contactless purchases online and at participating retailers.
Available to new, approved customers who apply for the HSBC Platinum Credit Card by 30 April 2019. Other fees and charges apply.

Rates & Fees:

  • 0% p.a. Balance Transfer for 22 months1 with No BT Fee
  • Annual Fee refund2

Ways to open:

Online, Branch, Phone

Features & Benefits


  • 0% p.a. Balance Transfer for 22 months1 with No BT Fee.
    Available from any non-HSBC credit or store cards, on application. Reverts to the variable cash advance rate.
  • Annual Fee refund2
    $129 annual fee is refunded with minimum spend of $6,000 on eligible purchases per year.
  • HSBC Instant Savings7
  • Instant savings at over 4,500 stores, hotels and attractions7
  • Complimentary insurance benefits4
    Enjoy Domestic and International Travel Insurances with rental vehicle insurance excess cover, Transit Accident Insurance, Extended Warranty Insurance, Guaranteed Pricing Scheme and Purchase Protection Insurance.
  • Up to 55 interest-free days6
  • My Card Control
    Choose when and how to use your card. Contactless, online, over the phone and international transactions can be switched on and off to meet your needs.

Rewards options

  • 2 Airport lounge passes every year8
    Travel in style with LoungeKey membership.
  • Reward Plus Program3
    Earn two points per dollar on overseas purchases and one point per dollar for all other purchases. This is capped at 10,000 per statement period
  • Visa Premium Benefits
    Money-can't-buy experiences, from backstage passes to tickets to gallery openings. For more information, visit visapremium.com.au.
  • home&Away Privilege Program5
    Your gateway to exclusive offers and privileges from our 27,000 selected partners at home and overseas.

Credit Card Fees and Charges

Credit Card Fees and Charges

Introductory Balance Transfer Rate
from non-HSBC credit cards on application

0% p.a. Balance Transfer for 22 months1 with No BT Fee. Reverts to variable cash advance rate.

Annual Credit Card Fee

$129 Annual Fee is refunded2 each year when you spend $6,000 on eligible purchases.

Interest Free Period on purchases

Up to 55 days6

Minimum Income Requirement

$40,000 p.a.

Minimum Credit Limit Offered


Interest Rate for Purchases

19.99% p.a

Interest Rate for Cash Advances

21.99% p.a

Late Payment Fees


Overseas Exchange Fees


Cash Advance Fees

The higher of 3% or $4

Rewards Program


home&Away Privilege Program5


Multiple additional cards for family or friends over 16 years

Yes (no fee)

Complimentary insurance benefits4


Applying is easy

Who can apply

  • Must be over 18 and be an Australian resident
  • Earn at least $40,000 p.a.
  • Have a good credit rating

Information needed

  • Identification
  • Address details
  • Income and employment

What to expect

  • Apply securely online in 10 minutes 
  • Get an instant response in 60 seconds 
  • Upload extra documentation

Apply for a HSBC Platinum Credit Card

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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 30 April 2019. Fees, charges, terms, conditions and HSBC lending criteria apply to all credit cards issued by HSBC. Visit hsbc.com.au or call 1300 308 880. 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.

Terms and conditions (PDF, 101 KB) apply to the use of Apple Pay.

Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the US and other countries. Apple Pay and Apple Watch are trademarks of Apple Inc.

To be eligible for the introductory balance transfer rate, the balance transfer request must be made when applying for the HSBC Platinum Credit Card. Your total balance transfers must not exceed 90% of your approved credit limit. The interest rate on the balance transfer applies for 22 months and 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 current at that time. HSBC will allocate payments received from you to pay off the portion of your balance attracting 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 Platinum Credit Card account to pay off other transactions such as purchases and cash advances before any balance transfer amount.

2 $129 Annual Fee will be charged annually on the anniversary of the account opening date each year, this will be refunded for customers who spend $6,000 on eligible purchases within the following 12 months. 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, business expenses, cash advances, fees and charges and disputed transactions.

Reward Program terms, conditions (PDF, 132 KB) and points capping limit of 10,000 points per statement period apply. Eligible purchases exclude interest free promotions, balance transfers, cash transfer, business expenses, cash advances, fees or charges, any disputed transactions, BPAY® and any government fee or charge.

4 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) and HSBC Bank Australia Limited (ABN 48 006 434 162) (AFSL 232595). Terms and conditions, limits and exclusions apply and 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.

5 home&Away Privilege Program terms and conditions apply.

6 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.

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

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

9 Not available on HSBC corporate credit cards. Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the US and other countries. Apple Pay and Apple Watch are trademarks of Apple Inc. Apple Pay works with iPhone 6 and later in stores, apps, and websites in Safari; with Apple Watch in stores and apps; with iPad Pro, iPad Air 2, and iPad mini 3 and later in apps and websites; and with Mac in Safari with an Apple Pay enabled iPhone 6 or later or Apple Watch. For a list of compatible Apple Pay devices, see support.apple.com/km207105. For full terms and conditions, visit Apple Pay. Google Pay is currently available for Android™ devices running Android Lollipop 5.0 or above with a Near Field Communication (NFC) antenna and Host Card Emulation (HCE) support to make purchases in stores and in apps. HSBC’s obligation to you in relation to the functionality of Google Pay is limited to securely supplying information to Google in order to allow the use of an HSBC Card through Google Pay. In order to use Google Pay you must agree to the HSBC with Google Pay Terms and Conditions. Android, Google Pay, and the Google Logo are trademarks of Google LLC. For full terms and conditions, visit Google Pay.