Get an HSBC Credit Card – Learn How to Apply

The HSBC Gold Mastercard is excellent for financing a significant purchase or reducing a considerable debt. The HSBC credit card comes with no annual fees and 0% interest for the introductory APR period.

Balance transfer fees are applicable, but they are low. The HSBC credit card also has a forgiving policy on late payments.

However, people who look for rewards should search for another credit card. Let’s find out more about the HSBC credit card!

Get an HSBC Credit Card - Learn How to Apply

Features

Here are the main features of the card.

  • No annual fees
  • 0% introductory APR on balance transfer and purchases for up to 18 months — then, an APR between 12.99% and 22.99% is applicable
  • No foreign transaction fees

Also, it is a Mastercard credit card, so the offers from the worldwide service corporation are applicable. That includes travel insurance, discounts at hotels and diners, and car rental insurance.

ADVERTISING

Benefits

This 0% APR HSBC Gold Mastercard credit card is perfect for backing up a considerable balance transfer or purchase. An APR between 12.99% and 22.99% is applicable after 18 months.

Clients can miss a due date, but the HSBC credit card will offer a period of one year for you to pay the interest, thanks to the late fee waiver. Thus, not paying your bills will undoubtedly lower your credit score if you’re 30 days late.

You do not need to pay annual fees, foreign transaction taxes, and so on. Thus, it shouldn’t be an issue not paying interest on time.

Travel Benefits

If you travel a lot, then the HSBC Gold Mastercard credit card is ideal for you. Since it is a Mastercard-labeled card, it will come with discounts for bookings, dining, accident insurances, and much more.

Even more, the HSBC credit card comes with the following benefits.

  • No foreign transaction fees
  • $0 liability guarantee on fraudulent transactions
  • Late fee waiver once every 12 months
  • MasterRental rental car coverage
  • $1,000,000 travel accident insurance
  • Account alerts for payments and due fees
  • Free access to online/mobile banking via the HSBC application for mobile devices

Cons

There are, unfortunately, a few downsides to using this card. Most credit cards offer some kind of bonus or promotion for the user, but this card does not.

This card has no sign-up bonus and also has no rewards.

How to Apply

If you are eligible for the HSBC credit card, it will only take you a couple of minutes to apply. The whole application process and form are available via the HSBC website.

Sign in with your security device. If you have any questions, head to the nearest HSBC branch or simply give them a call — see the contact information below.

Who Is Eligible?

Before applying for a new credit card, you should consult pre-qualification to see which card is available and good for you. That’s the fastest way to make a decision before applying for a card that might affect your credit score.

Use the before-mentioned form, add some details about you, and you will receive an answer in about 60 seconds. To be eligible, however, you must be a US citizen, at least 18 years old, and earn the minimum amount of income.

Fees and Interest Rates

  • No intro APR for 18 months on transfers or purchases made within the first 60 days of account opening
  • Standard APR, depending on credit score – 12.99% and 22.99% after intro
  • Balance transfers – intro $0 fee within 60 days, then $10 or 4% depending on the sum
  • No annual fees
  • No foreign transaction fees
  • Overdraft’s interest is $10 or 5% of the amount, whichever is higher
  • No fee for the first late payment in the first calendar year — then, up to $39
  • Up to $39 fee for a returned payment
  • Cash advance rate – 24.99%
  • Cash advance fee – $10 or 5%, whichever is greater

Bank Contact Info

HSBC Customer Service Address: HSBC Bank USA, N.A., P.O. Box 2013, Buffalo, NY 14240.

Personal Banking: (+1) 800.975.4722

Get an HSBC Credit Card - Learn How to Apply

Summary

In a few words, the HSBC credit card is an excellent credit card that comes with some exciting perks, especially for people who don’t want to pay monthly fees and interest.

The HSBC Gold Mastercard credit card comes with no annual fees or foreign fees, and it permits customers to not pay interest on transfers and purchases for 18 months.

Disclaimer: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.

ADVERTISING