HSBC Credit Card Review
Overview
The HSBC Card gives you a fast, convenient and reliable way to pay, 24 hours a day, wherever you are in the world.
Convenience and flexibility – manage your credit card online using Internet Banking, over the telephone or at your local branch and with up to 56 days' interest-free period – available on purchases when you pay your whole credit card balance (including any balance transfers) in full and on time
Who can apply?
Anyone who is aged 18 or over, That do not already hold an HSBC 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 Card.
Credit Card Application Process?
The HSBC online application form takes a minute or two to complete with an easy step by step instructions and as you would expect secure website protection, make sure you have all the details with you as the application will ask you your personal details, details about your work, what type of card you want and finally confirm the legal, terms and conditions.
If you apply online between the hours of 8am-8pm Monday to Thursday, 8am-5pm on Friday you could get an instant decision.
For all other applications you should hear from HSBC within 7-10 working days.
What are the benefits of a HSBC Card?
Reclaim 10% of your interest – if you hold Bank Account Plus or a Graduate Plus Account , They wi'll refund 10% of any interest you pay on your Credit Card during the assessment period (ending 31 August each year)*.
* See full terms and conditions .
What are the credit card charge rates?
Card issue fee Free
Typical APR Rate 15.9% varable
Intro Offers Balance transfers - 2.9% p.a for
2 years from the date your account is opened. 2.5% handling fee applies. 0% Card Purchases
for 12 months from the date your account is opened*.
Annual renewal fee Free
Default Charges?
£12 for exceeding credit limit, £12.00 making late payments and £5.00 returned payment.
What is the minimum payment I need to make each month?
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.
Can I protect my HSBC card repayments?
Yes you can
For only £20 per year, or £50 for three years, HSBC CardGuard helps minimise your loss if your card is lost, stolen or used fraudulently. And this cover includes any UK-issued credit or debit card you may hold. Ask for it when taking out a new credit card or add it to an existing card.
Where do i make a Complaint?
If you would like to make a complaint about your HSBC card, please write to them at
The Manager, Service Quality Team, HSBC Bank plc, Arlington Business Centre, Millshaw Park Lane, Leeds, LS11 0PP
They have procedures in place which will make sure they handle your complaint fairly and quickly. However, if you are not satisfied with the outcome of your complaint, you can write to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR.
- telephone: 0800 881 155 * (+44 1226 261 020) (textphone 18001 0800 028 3516),
- e-mail: servicequality @ hsbc. com
Your right to cancel?
Once you have signed, you will have for a short time a right to cancel this agreement. You can do this by sending or taking a WRITTEN notice of cancellation to HSBC.
If you cancel the agreement, you will still have to repay any money lent to you.
Want to write a review or post a comment?
If you want to write a review or comment or have some thing to share on the HSBC card please click the link. Write a review
Main Features
HSBC Card security – five security measures to give you confidence when you spend with no annual fees to pay.
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 credit card 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 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 HSBC card agreement fully and carefully before making any agreement.
