HSBC Bank
Choose from cards offering 36 months interest-free balance transfers, reward points, no annual fee options, and competitive credit limits. Suit your needs with flexible eligibility.
The HSBC credit card collection caters to balance transfers, purchases, and rewards, providing attractive offers for anyone seeking to manage or build their credit profile. Typical rates begin at 24.9% APR variable for cards like Balance Transfer and Purchase Plus, with assumed credit limits often around £1,200. Representative purchase APR for the Classic and Premier options reaches up to 29.9% variable, with specific eligibility and terms applying to each product.
Applying for an HSBC credit card is straightforward. First, check your eligibility using their online tool. Complete the online application with your personal and financial details. Upon approval, your card and activation instructions arrive by post. Activate your card, set up online banking, and you’re set to start spending.
Main advantages
One major plus is the competitive 0% interest period, up to 36 months, for those looking to shift existing debt. The HSBC Rewards Credit Card also earns you reward points on everyday purchases, while the Premier range includes perks like travel benefits and large welcome bonuses.
Main drawbacks
Some cards come with a balance transfer fee (3.19% or higher) and higher than average APR if you don’t pay off the balance after the promotional period. Cards with the biggest perks, such as Premier World Elite, are only open to select customers and have a sizable annual fee.
Verdict
HSBC’s range of cards is impressive, offering long introductory periods, reward schemes, and options for different financial situations. We recommend comparing options and reading the terms carefully before you apply.