What we think of it...

Our editors are currently reviewing the HSBC credit card.

A little more detail

Rates and Fees

			Special Note..	Any good?
Typical APR		16.9% APR (variable) -	16.9% APR - 19.9% APR (variable)
Introductory Purchase Rate		0% for 3 months	Payments are applied towards promotional balance transfers before promotional purchases.
Balance Transfer Rate		0% for 13 months	- Transfer must be made within 30 days to qualify. - Payments are applied first to promotional balance transfers. - You cannot transfer a balance from another HSBC Group card; including HSBC, HFC Bank and first direct.
Balance Transfer Fee		2.5% (£5 minimum)	-
Cash Withdrawal Rate		21.9% p.a. (variable)	21.9% p.a. - 24.7% p.a. (variable)
Cash Withdrawal Fee		2.5% (£2.5 minimum)	-
Annual Fee		£0	-
Foreign Transaction Fee		2.75%	-

Extras

			Special Note..	Any good?
Online Account Management		Yes	-
Online Fraud Guarantee		Yes	-
Emergency Card Replacement		Yes	Includes an emergency cash advance service.
Other Extras	-	- Fraud detection system - MasterCard SecureCode - 24 hour customer service	-
Optional Extras	-	- Payment protection - CardGuard protection	These are not free services, but are available for this card.

Payments

			Special Note..	Any good?
Credit Limit		£500 minimum	Maximum credit limit is subject to status.
Interest Free Period		Up to 56 days	For purchases only.
Minimum Monthly Payment		2.5% (£5 minimum)	-
Allocation of Payments		Promotional balance transfers » Purchases » Standard rate balance transfers » Credit card cheques » Cash advances	-
Default Charges		£12	- Late payments: £12 - Returned payments: £5 - Returned cheques: £12 - Exceed credit limit: £12

Card Details

			Special Note..	Any good?
Online Application	-	Yes	Remember: always ensure you meet the application requirements before applying, as getting rejected can affect your credit score.
Card Type		Classic	-
Payment Company		MasterCard	-
Card Issuer		HSBC	-
Card Advertiser		HSBC	-

At a Glance

Typical APR	16.9% APR
Credit limit	£500 minimum
Intro purchases	0% for 3 months
Balance transfer	0% for 13 months (2.5% transfer fee - £5 min)
Interest free period	Up to 56 days
Annual fee	£0

	This card includes:
	Online Account Management
	Fraud Guarantee
	Emergency Card & Cash Replacement
	It is best suited for:
	Anyone looking to make a balance transfer.
	Wait! Only apply if you are...
Aged 18 or over UK resident Do not already hold a HSBC credit card

More about this card...