The world's local bank
Credit Card
The HSBC Bank Credit Card gives you a fast, convenient and reliable way to pay, 24 hours a day, wherever you happen to be.
But that's not all. At home or abroad, you'll have the reassurance of our global presence.
The essentials
- 0% for 15 months on balances transferred within 30 days of you opening your account. 2.9% balance transfer fee applies, minimum £5.
- 0% on purchases for 3 months from account opening.
- Typical 16.9% APR variable.
- No annual fee to pay.
- Free additional credit card for partners or family members over 18.
- 24-hour worldwide assistance and an emergency cash advance if your card is lost or stolen.
- Up to 8% discount on Thomas Cook holidays booked through the HSBC Travel Club.
- Up to 56 days' interest-free period available when you pay your whole credit card balance in full and on time.
- If you're not an HSBC current account customer, take a look at our range of accounts.
In order to apply for an HSBC Bank Credit Card you need to:
- Have an HSBC current account.
- Pay more than £500 monthly into your current account and have a salary of £8,500 or more. If you're a student account holder you don't need to pay a minimum amount or salary into your account.
Already with HSBC?
If you already have an HSBC current account and you're paying in £500 or more each month, you're entitled to apply for our HSBC Bank Credit Card.
Log on to Internet Banking and apply online in minutes.
Not registered for internet banking?
New to HSBC
Open one of our current accounts and if you pay in £500 or more a month you're entitled to apply for an HSBC Bank Credit Card.
Interest Rates
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The information contained in this table summarises key product features and is not intended to replace any Agreement Terms |
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APR |
Typical 16.9%APR variable (16.9%APR variable to 19.9%APR variable) |
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Other interest rates |
Introductory Rate* |
Monthly Rate** |
Annual Rate** |
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Effective |
Simple |
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Purchases |
0% for 3 months |
1.313% to 1.527% |
16.9% to 19.9% |
15.756% to 18.324% |
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Cash Advances |
N/A |
1.809% to 1.860% |
23.9% to 24.7% |
21.708% to 22.324% |
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Balance Transfers |
0% for 15 months*** |
1.313% to 1.527% |
16.9% to 19.9% |
15.756% to 18.324% |
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*For new HSBC Bank Credit Card customers only. **The rate that you actually receive will depend on our assessment of your circumstances. ***Available on Balance Transfers made within 30 days of account opening from non-HSBC Group issuers. |
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Interest free period |
Up to 56 days of Purchases if you pay your whole balance in the full and on time.No interest free period on Cash Advances or Balance Transfers. |
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Interest charging information |
Interest is charged from the date transactions are applied to your account until payment is received (unless the interest free period applies). For Cash Advances and Balance Transfers, any interest charge for the period from the previous statement to the date of full repayment will be debited the following month. Interest will not be charged on Default Charges. |
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Allocation of payments |
Your payment is allocated to promotional rate Balance Transfers, then Purchases and standard rate Balance Transfers, and lastly to Cash Advances (full details are set out in Other Financial Information in the Agreement Terms). |
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Minimum monthly repayment |
You must pay us £5 or 2.5%, whichever is higher, of your statement balance, or if less than £5, your statement balance. |
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Amount of credit |
Minimum credit limit £500, maximum credit limit subject to status. |
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Fees |
No annual fee to pay. |
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Charges |
Cash Advances (the Cash Advance charge is applicable to cash withdrawals, purchases of foreign currency and travellers cheques, but does not apply to gambling transactions) Foreign Exchange Balance Transfers |
2.99% handling fee, minimum £3 2.99% Foreign Exchange Fee 2.9% balance transfer fee (minimum £5) |
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Default charges |
Late payment Exceeding credit limit Returned payment |
£12 £12 £5 |
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This Summary Box does not apply to HSBC Premier Credit Card, Student Credit Card or Your Bank at Morrisons Credit Card.
Repayments
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Illustrative Example |
For a purchase of £1,000 on your HSBC Bank Credit Card |
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Monthly Payment |
Minimum payment each month |
£50 payment each month |
£100 payment each month |
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Taking into account introductory rates, how much interest will you be charged in the first year? |
£106.20 |
£84.93 |
£44.79 |
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How much interest will you be charged in the second year? |
£124.16 |
£40.85 |
£0.00 |
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How long would it take to clear the balance? |
15 years, 9 months |
2 years |
1 year |
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The above example assumes the following: the transaction takes place on 1st January and you make no further transactions; you always make the payment on the 15th; your statement is produced 31 days after you make the purchase; interest is calculated based on the typical 16.9%APR variable rate, and introductory rates are included. |
We recommend that you pay more than the minimum payment whenever possible. If you make only the minimum payment each month, it will take you longer and cost you more to clear your balance, as shown in the example above.
Conditions
Issued by HSBC Bank plc.Credit subject to status.
This promotion is only available to new HSBC Bank Credit Card customers who hold an HSBC current account, and doesn't apply to the Student Credit Card.
This offer excludes people who don't hold an HSBC current account, existing HSBC Bank Credit Card customers or those who closed their HSBC Bank Credit Card within the last 6 months.
The rate for balance transfers is 0% for 15 months, where the transfer is made within 30 days of account opening.A 2.9% balance transfer fee applies to each balance transferred (minimum £5). The balance transfer promotion only applies to balances transferred from credit and store cards issued by non-members of the HSBC Group.The HSBC Group means HSBC Holdings plc, its subsidiaries, associated and affiliated companies and includes HFC Bank and first direct.
The rate for purchases will be 0% for 3 months from account opening.
For balance transfers and purchases at the end of the promotional rate period the rate will revert to the standard variable rate applicable for purchases, currently typical 16.9% APR variable.
The promotional rate does not apply to cash advances or transactions treated as such under these terms. Further conditions apply.
For more information contact us on 0800 328 1278. Lines are open 8am to 10pm every day (except Christmas Day, Boxing Day and New Year's Day). Textphone 1800 10800 028 0126.
To help us continually improve our service and in the interests of security, we may monitor and/or record your telephone call with us. Text message call backs will be within one working day and between 10am and 8pm. Standard network rates apply.
