HSBC Platinum Credit Card - Balance Transfer Offer

HSBC Platinum Credit Card - Balance Transfer Offer
  • Enjoy 0% p.a. interest on Balance Transfers for 36 months* with no BT Fee
  • $29 annual fee in the First Year** ($129 p.a. thereafter)
  • 2 Airport lounge passes~ every year & Complimentary Domestic and International Travel Insurance. Terms & conditions apply^^
  • Earn 2 Rewards Plus points per dollar spent on eligible overseas purchases & 1 Rewards Plus point per dollar spent for all other eligible purchases***. Capped at 10,000 per statement period
purchase rate
19.99%

per annum

balance transfer
0%

p.a. for 36 months

then 21.99% p.a.

annual fee
$29

the first year

then $129

interest free days
55

maximum on purchases

cash advance rate
21.99%

per annum

credit limit
$6,000

minimum

Features

  • Free Extended Warranty Insurance
  • Free Accidental Damage Insurance
  • Free Overseas Travel Insurance
  • Free Transport Accident Insurance
  • Free Travel Inconvenience Insurance
  • Free Rental Car Damage Liability Waiver Insurance
  • Shopper's Protection Insurance
  • Concierge Service

Other fees

International transaction fee on purchases3.00%
Late payment fee$30
Cash advance feeThe greater of 3.00% or $4

Things you should know

Minimum qualifying income (p.a.)$40,000

Rewards - HSBC Rewards Program***

Points per dollar spent1

Product Specific Terms and Conditions

HSBC may change or end this offer at any time. Please see full terms and conditions below. Other fees and charges apply.

Things you should know

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

Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Offer available when you apply for a new Platinum Credit Card. 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.

* 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 36 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 (currently 21.99% p.a. and subject to change). 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 Platinum Credit Card account to pay off other transactions such as purchases and cash advances before any balance transfer amount.

** The annual fee will be $29 in the first year and charged on the first statement of account. This will revert to $129 in subsequent years and is subject to change.

*** HSBC’s Credit Card Rewards Terms and Conditions apply. Point 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. For full terms and conditions, visit Reward Program terms and conditions.

~ Airport Lounge Passes terms and conditions apply. For full terms and conditions, visit Airport Lounge Pass terms and conditions.

^^ Insurance policies are issued by AWP Australia 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 For HSBC insurance policies, 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 www.hsbc.com.au or by calling 1800 648 093.

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