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Credit Cards

HSBC Premier Credit Card


Representative APR
11.9%
Cash Advance AER
11.9%
Interest Free Period
56 Days
Fee
£0
Int'l Charges
2.99%
Free Warranty Cover
Yes
Cash Back
No
Airmiles
No
Rewards
No

Representative Example: Based on a credit limit of £1200.00 charged at 11.9% variable per annum for purchases.  Representative 11.9% APR variable.

The Premier Credit Card from HSBC


The HSBC Premier Credit Card is a credit card with a lower cost of credit and no annual fee. The credit card is provided by HSBC with a representative APR of 11.9% and a cash AER of 11.9%. There is a usage charge of 2.99% on international transactions.

Interest Free Period
Users benefit from an interest fee period of 56 days provided the credit card balance is settled in full with each statement period. Clearing your balance each month enables interest free short-term borrowing and may positivley benefit your credit profile.

Cost of Borrowing
With a representative APR of 11.9% the HSBC Premier Credit Card is potentiallly cheaper to use than 170 other cards listed (as of October we list 184 credit cards). The cash advance AER (Annual Equivalent Rate) of 11.9% makes this card cheaper compared to other cards for borrowing cash.

Recommendation
The Premier Credit Card is cheaper to use than most standard credit cards but may be more difficult to obtain on application. Further, this card has been shortlisted by our editors as it fits the criteria for providing an above average feature set.

Before applying for this credit card, view the credit card suitability check-list below to see if the financial product is appropriate for your individual requirements and circumstances. You may also wish to view more HSBC credit cards.
Is the HSBC Premier Credit Card suitable for you?
Low Purchase Interest Rate
Low Cash Interest Rate
No Annual Fee
Cashback
Airmiles / Rewards
Gold / Platinum
May accept users with impaired credit
How does the Premier Credit Card from HSBC compare with other credit cards in the market?
Key Feature Avg High Low
Rep APR (%) 11.9 19.7 59.9 6.4
Cash Advance AER (%) 11.9 25.4 69.9 6.5
Annual Fee (£) 0 n/a 50 0
Interest Free Period (Days) 56 n/a 60 0
Cash Back (£) 0 n/a 65.63 0
Int'l Charges (%) 2.99 2.7 2.99 0

* Comparison is made against data from 184 credit cards covering the whole of the market.


Apply


When applying for the Premier Credit Card, consider the following factors to encourage a successful application response from HSBC.
  • If you are not sure of your current credit status or have recently made numerous applications for credit, we recommend you obtain a credit report / score from Experian or Equifax before applying to HSBC.
  • You will need to supply your personal details such as your bank account information and the nature of your residence (i.e. tenant, homeowner).
  • You will need to provide details of employment and income.
  • Certain credit card issuers require details of any existing debts you may have.
  • If you are planning to do a balance transfer, have the details of card balances at hand as the majority of providers process this information during the application.

HSBC Credit Cards


We currently list 3 HSBC credit cards:

Useful Information


  • HSBC Web Site ¬ www.hsbc.co.uk
DISCLAIMER
THIS IS NOT AN OFFICIAL PAGE FOR THE HSBC PREMIER CREDIT CARD. EXCEPT WHERE INDICATED, MONEYGEM DOES NOT HAVE A DIRECT RELATIONSHIP WITH HSBC AND DOES NOT PROVIDE CUSTOMER SERVICE OR SUPPORT FOR THIS FINANCIAL PRODUCT.

ALL RATES DISPLAYED ARE 'REPRESENTATIVE' UNLESS OTHERWISE STATED. ACTUAL RATES OFFERED ON APPLICATION MAY DIFFER AS A RESULT OF APPLICANT PROFILING AND CREDIT SCORING.

ALL DATA, INFORMATION AND OPINION IS PRESENTED HERE 'AS IS' AND SHOULD NOT BE CONSIDERED OR USED AS LEGAL FINANCIAL ADVICE.

THE ACCURACY AND COMPLETENESS OF ANY DATA / INFORMATION CANNOT BE GUARANTEED AND NO WARRANTY OR REPRESENTATION IS GIVEN.