HSBC MasterCard credit card
|
Card Name
|
HSBC credit card |
| Card Type |
MasterCard |
| Card Issuer |
HSBC Bank PLC |
| Exclusive Features |
Exclusive hospitality areas and concierge service at selected venues*
|
Eligibility
| Minimum Age |
18 years or over |
| Minimum Income |
earn more than £10,000 |
Application Status
|
That do not already hold an HSBC Credit Card, Are happy for them to undertake a credit register search and credit scoring. Can provide proof of address and ID can apply for a HSBC Credit Card.
|
Type of card - MasterCard
The HSBC Credit Card is a MasterCard card - It can be used at over 25 million locations worldwide also with over 1 million ATM in over 210 countries whereever you see the MasterCard - Maestro or Cirrus acceptance sign.
HSBC Card Fees
| Card Application Fee |
FREE |
| Card annual fee |
FREE |
| Card Limit |
Minimum credit limit £500, maximum credit limit subject to status |
| Interest Free Period |
56 days |
| Minimum payment |
Any payment protection insurance premium plus £5 or 2.5%, whichever is higher, of your remaining statement balance, or if less than £5, your statement balance. |
Late Payment charges
|
Late payment £12.00 - Exceeding credit limit £12.00 - Returned payment - £5.00
|
Introductory offers - APR |
Intro Rate |
Intro Period |
Annual Rate |
| Purchases |
0% |
12 months |
15.9%APR variable to 22.9%APR variable
|
| Balance Transfer |
2.9% |
24 months |
15.9%APR variable to 22.9%APR variable
|
| Cash |
n/a |
n / a |
21.9% to 27.8%
|
Balance Transfer details |
|
| Fee percentage |
2.5% |
| Minimum fee |
£5.00 |
| maximum fee |
2.5% handling fee |
Rewards - Features and Benefits
Charges -
| Cash Withdrawal |
Cash Advances (the Cash Advance charge is applicable to cash withdrawals, bill payments, purchases of foreign currency and travellers cheques, but does not apply to gambling transactions)
2.5% handling fee, minimum £2.50
Foreign Exchange -
2.75% of the amount of non-sterling transactions AND
Balance Transfers
2.5% of each amount transferred, minimum £5
|
| Allocation of payments |
Your payment is allocated to promotional rate Balance Transfers, then Purchases and standard rate Balance Transfers, and lastly to Cash Advances (full details are set out in Other Financial Information in the Agreement Terms).
|
Additional Benefits -
- Free additional credit card – for partners or family members over 18
- Reclaim 10% of your interest – if you hold Bank Account Plus or a Graduate Plus Account , we'll refund 10% of any interest you pay on your Credit Card during the assessment period (ending 31 August each year).
Issued By:
HSBC Bank plc. Credit subject to status. This promotion is only available to new HSBC Premier Bank Credit Card customers and does not apply to the Student Credit Card. The online offer rate for balance transfers is 0% for 12 months, where the transfer is made within 30 days of account opening. For applications made in branch or over the phone, the offer for balance transfers is 4.9% until 31 January 2012.
Disclaimer All prepaid credit card and credit cards APRs, features, charges, benefits and other information listed by Compare Prepaid represent the most recent information available at the time of writing. Every effort is made to keep the site accurate, however we cannot guarantee that a prepaid credit card issuer or credit card issuer has not increased or decreased one or more of the APRs or fees/charges associated with a particular card or changed its features, obligations or benefits. Please be sure to read the prepaid credit card or credit Card agreement fully and carefully before making any agreement.
