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Reading and relaxing in hammock outdoor; image used for HSBC Australia Platinum Credit Card with Balance Transfer offer.

HSBC Platinum Credit Card

Choose a Platinum Card that rewards you for your everyday purchases and comes with a range of complimentary insurance7 covers

Why choose the HSBC Platinum Credit Card?

Earn HSBC Rewards Plus Points on your eligible spend with the HSBC Platinum Credit Card and your choice of the below promotional offers:

  • 0% interest on balance transfer for 26 months1 (1% balance transfer fee applies2) and $0 annual fee in first year3.


  • 84,000 Bonus Rewards Plus Points when you spend $3,000 on eligible purchases using your new card within 90 days from card approval. That’s enough for $350 in e-Gift Cards. New Rewards Plus customers only.

Promotional offers available to new, approved customers who apply for the HSBC Platinum Credit Card. HSBC may change or end these offers at any time. Please see full terms and conditions below. Other fees and charges apply. 

Rates & Fees:

  • Up to 55 days interest free on card purchases8 (card purchase rate 19.99% p.a.)
  • $129 Annual Fee (unless waived)
  • $6,000 minimum credit limit

Ways to open:

Online, Branch, Phone

5-stars balance transfer credit card - Finder rewards 2020 and Canstar's Travel Money Card 5 Stars

Two great offers to choose from

0% p.a. Balance Transfer for 26 Months1

  • Put time on your side with 0% interest on balance transfer for 26 months1 (1% balance transfer fee applies2).
  • $0 annual fee for the first year3.

Receive 84,000 Bonus Rewards Plus Points4

  • Be rewarded with the HSBC Platinum Credit Card. Receive 84,000 bonus Rewards Plus Points points when you spend $3,000 on eligible purchases on your new card within the first 90 days4.
  • 84,000 Rewards Plus Points are enough to get $350 worth of eGift Cards from one of our fantastic partners such as: iTunes, Coles, Bunnings Warehouse, Woolworths, JB Hi-Fi, and many more.

Features & Benefits


  • HSBC Instant Savings6
    20% off dining and Retail savings of up to 25% with your free membership to Frequent Values™ by Entertainment Publications. See full list of participating merchants here.
  • Complimentary insurance benefits7
    Enjoy Domestic and International Travel Insurances with rental vehicle insurance excess cover, Transit Accident Insurance, Extended Warranty Insurance, Guaranteed Pricing Scheme and Purchase Protection Insurance.
  • Up to 55 interest-free days8
  • Mobile Payments9
    Apple Pay and Google PayTM, can be used wherever you can make contactless purchases, online, and at participating retailers in store.
  • 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.

Rewards options

  • 2 Airport lounge passes every year10
    Travel in style with LoungeKey membership.
  • Reward Plus Program5
    Earn two points per dollar on overseas purchases and one point per dollar for all other purchases. This is capped at 10,000 per statement period.
  • Visa Premium Benefits
    Money-can't-buy experiences, from backstage passes to tickets to gallery openings. For more information, visit
  • home&Away Privilege Program11
    Your gateway to exclusive offers and privileges from our 27,000 selected partners at home and overseas.

Credit Card Fees and Charges

Credit Card Fees and Charges
Feature Details
Annual Credit Card Fee
$129 Annual Fee (unless waived)3
Interest Free Period on purchases
Up to 55 days8
Minimum Income Requirement
$40,000 p.a.
Minimum Credit Limit Offered
Interest Rate for Purchases
19.99% p.a.
Interest Rate for Cash Advances
21.99% p.a.
Late Payment Fees
Overseas Exchange Fees
Cash Advance Fees
The higher of 3% or $4
Rewards Program
home&Away Privilege Program11
Multiple additional cards for family or friends over 16 years
Yes (no fee)
Complimentary insurance benefits7
Credit Card Fees and Charges
Feature Annual Credit Card Fee
$129 Annual Fee (unless waived)3
Feature Interest Free Period on purchases
Up to 55 days8
Feature Minimum Income Requirement
$40,000 p.a.
Feature Minimum Credit Limit Offered
Feature Interest Rate for Purchases
19.99% p.a.
Feature Interest Rate for Cash Advances
21.99% p.a.
Feature Late Payment Fees
Feature Overseas Exchange Fees
Feature Cash Advance Fees
The higher of 3% or $4
Feature Rewards Program
Feature home&Away Privilege Program11
Feature Multiple additional cards for family or friends over 16 years
Yes (no fee)
Feature Complimentary insurance benefits7

Applying is easy

Who can apply

  • Must be over 18 and be an Australian resident
  • Earn at least $40,000 p.a.
  • Have a good credit rating

Information needed

  • Identification
  • Address details
  • Income and employment

What to expect

  • Apply securely online in 10 minutes 
  • Get an instant response in 60 seconds 
  • Upload extra documentation

Applying online is easy and takes just 10 minutes. Complete your application today.

Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Offer available to new, approved HSBC credit cardholders. HSBC may change or end this offer at any time. Fees, charges, terms, conditions and HSBC lending criteria apply to all credit cards issued by HSBC. Visit or call 132 152. Interest rates are valid at the time of publication and are subject to change.

Mobile payment terms and conditions

Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the US and other countries/regions. Apple Pay and Apple Watch are trademarks of Apple Inc.

  1. To be eligible for the introductory balance transfer rate, the balance transfer request must be made when applying for the HSBC Platinum Credit Card. Your total balance transfers must not exceed 90% of your approved credit limit. The interest rate on the balance transfer applies for 26 months and must be from non-HSBC credit cards. After this period, any balance outstanding from the balance transfer will accrue interest at the cash advance rate (currently 21.99% p.a. and subject to change). HSBC will allocate payments received from you to pay off the portion of your balance attracting the highest interest rate first and subsequently to portions of your balance attracting lower interest rates. This may mean applying any and all payments made to your Platinum Credit Card account to pay off other transactions such as purchases and cash advances before any balance transfer amount.
  2. The Balance Transfer Fee will be calculated as a percentage of the balance being transferred to your HSBC credit card account. This fee will be applied at the time the balance is transferred and forms part of your total outstanding balance.
  3. The Platinum Annual Fee will be waived in the first year from the date of approval for customers taking up the 26 months balance transfer offer only. The Annual Fee will be charged on the first statement of account after the end of the First Year and annually thereafter. The Platinum credit card Annual Fee is currently $129 but is subject to change.
  4. To be eligible for the bonus Rewards Plus Points offer, you must apply and be approved for a new HSBC Platinum Credit Card. You will receive 84,000 bonus Rewards Plus Points if you spend $3,000 on eligible purchases within 90 days of card approval. Eligible purchases exclude interest free and other promotions, balance transfers, cash transfers, business expenses, cash advances, fees and charges, BPAY®, any disputed transactions and government fees and charges. The 84,000 bonus Rewards Plus Points will be credited to your Rewards Plus Account within 60 days of meeting the spend criteria, provided that your account is active and not in arrears. Offer is limited to new applicants only. Existing HSBC customers transferring from another HSBC credit card or customers who have held any Rewards Plus card types within the last 12 months are ineligible for this offer. Not available in conjunction with any other offer. Gift Card values correct as at 3 November 2020. Points values & stock levels subject to change. Check
  5. HSBC's Credit Card Rewards Terms and Conditions apply. (PDF, 132 KB). Points capping limit of 10,000 points per statement period apply. Eligible purchases exclude interest free promotions, balance transfers, cash transfer, business expenses, cash advances, fees or charges, any disputed transactions, BPAY® and any government fee or charge.
  6. HSBC Instant Savings terms and conditions apply. Visit for full details.
  7. Insurance policies are issued by AWP Australia Pty Ltd ABN 52 097 227 177(AFSL No. 245631) trading as Allianz Global Assistance (under a binder from Allianz Australia Insurance Limited ABN 15 000 122 850 (AFSL No. 124708) to HSBC Bank Australia Limited (ABN 48 006 434 162) (AFSL 232595). Terms and conditions, limits and exclusions apply and available at An excess may apply. HSBC does not issue these insurances and does not receive commissions on these policies or guarantee any benefits under this cover. HSBC has entered into master policies for the benefit of cardholders. The cover provided is at no additional cost to cardholders. This document provides general information only and does not take into account what you currently have, want or need for your financial future. You should consider these matters and read the Information Booklet available at or by calling 1800 648 093.
  8. Depending on when you make your purchases, when your statement is issued, and if you pay off the outstanding balance on your next statement of account on or before the due date. There are no interest free days for cash advances. You will not gain the benefit of the interest free period unless you pay the full balance (excluding any balance transfer, cash transfer and promotional purchases) by the due date.
  9. Terms and conditions apply to the use of Apple Pay and Google Pay. Excludes HSBC Corporate Cards.
  10. Airport Lounge Passes terms and conditions apply. Visit for full details.
  11. home&Away Privilege Program terms and conditions apply.