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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

Enjoy 0% p.a. interest on Balance Transfers for 22 months1 with No BT Fee
HSBC Platinum Credit Card

Why choose the HSBC Platinum Credit Card?

Enjoy the following benefits with:
  • 0% p.a. interest on Balance Transfers for 22 months1 with no BT Fee
  • Earn two Rewards Plus points per dollar on overseas purchases and one Rewards Plus point per dollar for all other purchases2
  • $129 Annual Fee (refunded when you spend $6,000 or more on purchases per year)3
Available to new, approved customers who apply for the HSBC Platinum Credit Card by 30 September 2020. Other fees and charges apply.

Rates & Fees:

  • 0% p.a. interest on Balance Transfers for 22 months1 with no BT Fee
  • $129 Annual Fee (refunded when you spend $6,000 or more on purchases per year)3

Ways to open:

Online, Branch, Phone

Canstar's Travel Money Card 5 Stars

Features & Benefits

Features

  • Annual Fee refund3
    $129 annual fee is refunded with minimum spend of $6,000 on eligible purchases per year.
  • HSBC Instant Savings4
    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 benefits5
    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 days6
  • Mobile Payments7
    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 year8
    Travel in style with LoungeKey membership.
  • Reward Plus Program2
    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 visapremium.com.au.
  • home&Away Privilege Program9
    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 is refunded3 each year when you spend $6,000 on eligible purchases.
Interest Free Period on purchases
Up to 55 days6
Minimum Income Requirement
$40,000 p.a.
Minimum Credit Limit Offered
$6,000
Interest Rate for Purchases
19.99% p.a.
Interest Rate for Cash Advances
21.99% p.a.
Late Payment Fees
$30
Overseas Exchange Fees
3%
Cash Advance Fees
The higher of 3% or $4
Rewards Program
Yes
home&Away Privilege Program9
Yes
Multiple additional cards for family or friends over 16 years
Yes (no fee)
Complimentary insurance benefits5
Yes
Credit Card Fees and Charges
Feature Annual Credit Card Fee
Details
$129 Annual Fee is refunded3 each year when you spend $6,000 on eligible purchases.
Feature Interest Free Period on purchases
Details
Up to 55 days6
Feature Minimum Income Requirement
Details
$40,000 p.a.
Feature Minimum Credit Limit Offered
Details
$6,000
Feature Interest Rate for Purchases
Details
19.99% p.a.
Feature Interest Rate for Cash Advances
Details
21.99% p.a.
Feature Late Payment Fees
Details
$30
Feature Overseas Exchange Fees
Details
3%
Feature Cash Advance Fees
Details
The higher of 3% or $4
Feature Rewards Program
Details
Yes
Feature home&Away Privilege Program9
Details
Yes
Feature Multiple additional cards for family or friends over 16 years
Details
Yes (no fee)
Feature Complimentary insurance benefits5
Details
Yes

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

Apply for an HSBC Platinum Credit Card

Already an HSBC customer?

Already an HSBC Australia customer with Online Banking?

Already an existing HSBC credit card holder?

Add an additional cardholder fee free

Important information

Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Offers available to new, approved HSBC credit cardholders who apply by 30 September 2020. Fees, charges, terms, conditions and HSBC lending criteria apply to all credit cards issued by HSBC. Visit hsbc.com.au or call 1300 308 880. Interest rates are valid at the time of publication and are subject to change.

Terms and conditions (PDF, 101 KB)

Apple, the Apple logo, iPhone and iPad are trademarks of Apple Inc., registered in the US and other countries. 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 at the time of applying for the new HSBC credit card. Your total balance transfers must not exceed 90% of your approved credit limit. The interest rate on the balance transfer applies for 22 months for the HSBC Platinum Credit Card. The balance transfer 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. as at 1 May 2019 and subject to change). HSBC will allocate payments we receive from you to pay off the portion of your balance which attracts 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 HSBC credit card account to pay off other transactions such as purchases and cash advances before any balance transfer amount.

2 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.

3 $129 Annual Fee will be charged on the account within 2 months after the first debit transaction and every 12 months thereafter. 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. Refunds will be posted automatically within 30 days of eligible spend criteria being met, if your account is current and in good state. 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.

4 HSBC Instant Savings terms and conditions apply. Visit hsbc.com.au/credit-cards/terms for full details.

5 Insurance policies are issued by AWP Australia Pty Ltd 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 www.hsbc.com.au. 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 hsbc.com.au or by calling 1800 648 093.

6 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.

7 Terms and conditions apply to the use of Apple Pay and Google Pay. Excludes HSBC Corporate Cards.

8 Airport Lounge Passes terms and conditions apply. Visit hsbc.com.au/credit-cards/terms for full details.

9 home&Away Privilege Program terms and conditionsterms and conditions Of the home&away privilege program apply.