HSBC Platinum Credit Card: 0% p.a. for 22 months balance transfer offer

Eligibility criteria, minimum spend, terms and conditions apply

HSBC Platinum Credit Card

HSBC Platinum Credit Card: 0% p.a. for 22 months balance transfer offer

HSBC Platinum Credit Card

Eligibility criteria, minimum spend, terms and conditions apply

0% p.a. Balance Transfer rate for 22 months

Get 0% p.a. for 22 months on balance transfers with NO balance transfer fee (T&Cs apply) - one of the longest offer periods on the market

Annual fee refund (save $129 each year)

Get the $129 annual card fee refunded each year when you spend just $6,000 on eligible purchases

Platinum perks and benefits

Earn up to 2 Rewards Plus points per $1 spent, get two airport lounge passes each year and unlock complimentary insurances

With 0% p.a. for 22 months on balance transfers and no balance transfer fee, the HSBC Platinum Credit Card is a popular card of choice for many cardholders looking to pay off existing credit card debt.

Plus, you could get the $129 annual card fee refunded each and every year you hold the card – simply by spending $6,000 on eligible purchases.

And, if it's premium perks and benefits you're after, the HSBC Platinum Credit Card delivers in spades. Earn up to 2 rewards points per $1 spent, save money with entertainment, retail and dining benefits and add supplementary cardholders free of charge. Plus, when it comes time to travel again, get two airport lounge passes each year and enjoy access to a range of travel insurances.

Apply now via the (secure, mobile-friendly) HSBC website

Or, read on to find out what we love about this popular platinum credit card.

HSBC Platinum credit card

Why the HSBC Platinum Credit Card Balance Transfer offer is one to consider

When it comes to balance transfer offers, the HSBC Platinum Credit Card is ahead of the pack. The offer shines on two fronts:

Long balance transfer period: The HSBC Platinum Credit Card offers a 0% balance transfer rate for 22 months. This is an amazingly long balance transfer offer period, and it could be a great option for new cardholders looking to pay off existing credit card debt.

No balance transfer fee to pay: Unlike many other introductory offers, there's no balance transfer fee to pay on your transferred amount, making this a very competitive offer within the market.

To be eligible for the introductory balance transfer rate, you must make your request for a balance transfer at the time of applying for your new HSBC credit card. Your total balance transfers must not exceed 90% of your approved credit limit and the balance transfer must be from non-HSBC credit cards.

Note that after 22 months, any balance outstanding from the balance transfer will accrue interest at the cash advance rate (currently 21.99% p.a. and subject to change) – so make sure you have paid down your balance down to zero before the 22 months is up!

This balance transfer offer is avaliable to new, approved HSBC credit cardholders. HSBC may change or end this offer at any time. You can check out the fine print on this offer over at the HSBC website.

Get the $129 annual card fee refunded each year

Save money with a refund of the annual fee each and every year you hold the card. This could save you significantly over the lifetime you hold the card.

The annual fee will be refunded for customers who spend $6,000 on eligible purchases within 12 months from the date the annual fee is charged. The annual fee refund will be posted to your HSBC card account automatically within 30 days of eligible spend criteria being met, provided your account is current and in good state.

Note that eligible purchases exclude interest free and other promotions, balance transfers, cash transfers, business expenses, cash advances, fees and charges, any disputed transactions and government fees and charges.

Save money with lifestyle, retail and dining benefits

With the HSBC Platinum Credit Card, you’ll unlock access to a range of entertainment, retail and dining benefits – all designed to save you time and money. Key benefits include:

HSBC Instant Savings: Get complimentary membership to Frequent Values™ by Entertainment Publications (valued at $89). You could save significantly by using offers at participating restaurants, supermarkets, department stores, cinemas, family attractions, hotels and much more. The offers can be used across Australia and New Zealand.

home&Away Privilege Program: Score exclusive discounts on shopping, travel and dining across 27,000 selected partners at home and overseas.

Visa Premium Benefits: Visa's exclusive program for HSBC Platinum cardholders provides access to money-can't-buy experiences such as backstage passes and tickets to gallery openings.

Even if you only use a few of the benefits we’ve covered above, you could save a significant amount of money.

Score piles of rewards points when you spend on your card

The HSBC Platinum credit card offers excellent rewards point earning potential for ongoing spend. You’ll earn 2 points per dollar on overseas purchases and 1 point per dollar for all other purchases.

The points are earned into the HSBC Reward Plus Program. HSBC Reward Plus points can be used for gift cards, retail rewards and more. Or, if you prefer to use your points for future travel, you could also choose to transfer points to airline programs such as Velocity Frequent Flyer, Asia Miles and Singapore Airlines Kris Flyer.

Note that points earn is capped at 10,000 points per statement period.

Access a swag of complimentary insurances

The HSBC Platinum Credit Card unlocks access to a range of complimentary insurances designed to provide peace of mind when shopping at home or travelling overseas.

At home, you could benefit from Guaranteed Pricing Scheme and Purchase Protection Insurance, plus Extended Warranty Insurance

When it comes time to travel again, you could access Domestic and International Travel Insurances with rental vehicle insurance excess cover, along with Transit Accident Insurance

Before taking up any insurance products, and to find out more information about coverage requirements, check the fine print over at the HSBC website.

Save time and money with other benefits

The HSBC Platinum Credit Card unlocks a slew of other perks designed to save you time and money. There are too many benefits to cover here in full, but they include:

Two airport lounge passes every year: Get two complimentary airport lounge entries each year via LoungeKey. LoungeKey operates a range of participating lounges in Australia and overseas. So, when it's time to get travelling again, this perk could give you the opportunity you could relax in comfort before your flight.

Free additional cards: Arrange multiple additional cards for family or friends over 16 years and pay no supplementary cardholder fee. This could be an easy way for you to earn points faster.

Pay via Apple Pay and Google Pay: Enjoy the convenience of access to Apple Pay and Google Pay – use these features with contactless purchases, online, and at participating retailers in-store.

Up to 55 interest-free days: Get up to 55 interest-free days when you pay for purchases with your HSBC Platinum Credit Card.

My Card Control: Choose when and how to use your card. Contactless, online, over the phone and international transactions can be switched on and off to meet your needs.

HSBC Platinum Credit Card key information

FeatureDetails
Annual Credit Card Fee$129 Annual Fee is refunded each year when you spend $6,000 on eligible purchases
Interest Free Period on purchasesUp to 55 days
Minimum Income Requirement$40,000 p.a.
Minimum Credit Limit Offered$6,000
Interest Rate for Purchases19.99% p.a.
Interest Rate for Cash Advances21.99% p.a.
Late Payment Fees$30
Overseas Exchange Fees3%
Cash Advance FeesThe higher of 3% or $4
Rewards ProgramYes
home&Away Privilege ProgramYes
Multiple additional cards for family or friends over 16 yearsYes (no fee)
Complimentary insurance benefitsYes

HSBC Platinum Credit Card eligibility

The minimum reportable income to apply for the HSBC Platinum Credit Card is just $40,000 per annum.

To apply for this card, you must have a good credit rating, be over 18 years of age and be an Australian resident.

To take advantage of the introductory balance transfer rate, the balance transfer request must be made at the time of applying for your new HSBC credit card. 

Ready to apply?

Don't miss an opportunity to take advantage of a long balance transfer period with 0% balance transfer fee to pay. Plus, score an annual fee refund each year (spend criteria applies) and enjoy plenty of other perks.

Offer avaliable to new, approved HSBC credit cardholders. HSBC may change or end this offer at any time. The secure, mobile-friendly application form takes less than 10 minutes to complete and HSBC may be able to give you a response in 60 seconds.

Apply now via the (secure, mobile-friendly) HSBC website

HSBC Platinum Credit Card: 0% p.a. for 22 months balance transfer offer

HSBC Platinum Credit Card

HSBC Platinum Credit Card: 0% p.a. for 22 months balance transfer offer

Eligibility criteria, minimum spend, terms and conditions apply

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