HSBC Credit Cards (The Ultimate Guide 2023)

Do you find yourself getting overwhelmed with the amount of credit card debt that you have? If only there was a way for you to have it all in a single credit card. Your wish has been granted with the HSBC Bank Balance Transfer Credit Card.

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HSBC Bank Balance Transfer Credit Card is the perfect balance transfer credit card that allows you to have all of your monthly credit card dues under one account. What's even better is that you get a long interest-free period so you can align your finances properly and for you to pay off your debt on time.

If you want to learn more about this HSBC credit card, check out our guide today.

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The Perks and Benefits of the HSBC Bank Balance Transfer Credit Card

Let the HSBC Bank Balance Transfer Credit Card help you with your finances by ensuring you get to pay all of your debt on time.

Image Source: HSBC Philippines

Use the credit card and transfer your other credit card balances into the card so you can make all of your monthly payments for everything. The HSBC Bank Balance Transfer Credit Card is the best if you want to streamline the payments on all of your debt.

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With this card, you get an interest-free period of up to 27 months. That is 27 months of not having to pay a single cent on interest which means you can focus all of your finances into pay off your debt while also enjoying the perks of using the card.

You get shopping, dining, and travel discounts when you use the card for these transactions. Make your family days out much better and use the card for a wide variety of transactions.

Check Out the Fees and Other Charges

As a cardholder, you also need to understand that the HSBC Bank Balance Transfer Credit Card has a set of fees and other charges.

Once the 27-month interest-free period is up, you will be charged a 2.99% fee with a minimum of min £5 for every balance transfer. You also get a purchase rate of 23.9% and a variable APR of 23.9% based on a credit limit of £1,200.

The good news is that you won't be paying an annual fee for just owning the card.

How to Manage Your HSBC Bank Balance Transfer Credit Card

We all know how difficult it is to manage your finances, especially with a credit card but the HSBC Bank Balance Transfer Credit Card makes it easier with the help of the HSBC Bank app.

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The mobile banking application allows you to access your account and make transactions with just a few taps on the screen.

Whether you want to check your current balance or you want to pay your monthly dues, you can do so with the mobile app. Stay in control of your account by ensuring that no one can use your card. You can use the app to block or unblock your card for protection.

You can even link the app to your digital wallet so you can make online contactless transactions with high levels of security so you know each transaction is safe.

Use Your Credit Card Abroad

As a Visa credit card, you can use the HSBC Bank Balance Transfer Credit Card abroad and in many other regions that support Visa and Mastercard transactions.

You can also make good use of the perks that many Visa cards have to offer including discounts and zero fees in selected transactions. Fees may also apply in certain transactions especially when you withdraw or make transactions in non-HSBC cash machines.

If you're abroad and you want to purchase something, this credit card makes all transactions seamless and secure.

Why Choose a Balance Transfer Credit Card?

You might be wondering why you need an HSBC Bank Balance Transfer Credit Card if there are many other credit cards out there that HSBC Bank has to offer.

Image Source: HSBC Australia

A balance transfer credit card has many perks that are exclusive only to this type of credit card. It can help you pay off your debt faster since many balance transfer credit cards offer zero percent intro APR and in this case, you get up to 27 months.

With so much time on your hands to prepare and pay off your debt, you will be able to enjoy using the card for many purchases. Another reason to choose this type of credit card offers very simple repayment options which you can pay off your debt each month instead of a one-time statement.

Lastly, having this credit card allows you to improve your credit score as you can pay off your monthly dues properly.

Is the HSBC Bank Balance Transfer Credit Card Right For You?

Getting the HSBC Bank Balance Transfer Credit Card takes a lot of convincing for many people but if you have a high-interest debt that you need to pay, take advantage of the features of this credit card.

If you need some time to pay off a large debt, this should be the card that you should be aiming for. You can manage to pay off your debt before the interest-free period ends which is quite a lot of time.

Manage your finances better now that you have the HSBC Bank Balance Transfer Credit Card.

Eligibility Criteria and the Documents Required for Application

Before you can apply for the HSBC Bank Balance Transfer Credit Card, you must undergo the online eligibility checker so you will know if you're more likely to be accepted for the card.

Image Source: HSBC UK

Once done, you can then prepare the documents required for the application and these include your income tax return, salary slips, utility bill, and any proof of identity. You must also be over 18 years old and must be a UK resident.

You must have an annual income or pension before tax of £6,800 or more and you must not hold an HSBC Basic Bank account.

If you have further inquiries, you can call their customer service number at 03457 404 404 or go to the official website and start a chat. You can also head over to their main office at 1 Centenary Square, Birmingham, B1 1HQ, United Kingdom.

How to Apply for the HSBC Bank Balance Transfer Credit Card

There are several ways for you to apply for the credit card. You can head over to the official HSBC UK website and select HSBC Bank Balance Transfer Credit Card.

Log in to your account and fill up the application form and upload all the required documents. Review the details before you submit them. You can also apply using the mobile banking app or you can head over to the nearest HSBC branch.

If you do not know any nearby branches, you can use the bank locator to find one. Bring your documents and fill up the application form and submit them to the bank representative.

Conclusion

Managing your finances should now be a lot easier with the help of the HSBC Bank Balance Transfer Credit Card. Where else can you find a perfect credit card that lets you streamline all of your debt payments and you still get to enjoy discounts and many other perks? Only the HSBC Bank Balance Transfer Credit Card can let you do that.

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.

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