HSBC Low Rate Credit Card

Purchase Rate
12.99% p.a.
Cash Advance Rate
25.99% p.a.
Interest Free
Up to 55 days
Annual Fee
Balance Transfer Rate
0% p.a. for first 20 months
  • 0% p.a. Balance Transfer for 20 months from non-HSBC credit cards on application (reverting to the variable cash advance rate), with a 2% balance transfer fee.
  • A low interest rate of 12.99% p.a. and a $99 annual fee
  • Up to 55 days interest-free on purchases when you pay the full balance (including any balance transfer, promotional purchases and the 0% p.a. balance transfer offer above) by the due date each month.
  • Available to new, approved customers who apply for the HSBC Low Rate Credit Card. HSBC may change or end this offer at any time. Please see full terms and conditions below. Other fees and charges apply.
  • Now available with Apple Pay®. Use your compatible Apple® device to tap and pay with an eligible HSBC credit card.

Key Features
Rewards Program
Joining Fee
Annual Fee
Insurance Cover
for Purchases
Overseas ATM
Automatic Travel

Fee & Repayments

Annual Fee $99.00
Annual Fee First Year $99.00
Rewards Joining Fee $0.00
Supplementary Card Fee $0.00
Minimum Repayment Greater of 3% or $30.00
Interest Charged From PurchaseDate
Late Payment Fee $30.00

Other Charges

Duplicate Statement Fee $8.00
Overseas ATM Balance Fee $0.00
Transaction Verification Fee $10.00
Overseas ATM Withdrawal Fee $0.00
Over Limit Fee $30.00
Overseas Emergency Card Replacement Fee $200.00
Terms & Conditions
Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 Australian Credit Licence 232595. Offers available to new, approved HSBC credit cardholders. Fees, charges, terms, conditions and HSBC’s lending criteria applies 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. View Terms and conditions (PDF, 101 KB)Terms and conditions (PDF, 101 KB) This link will open in a new window for full details. HSBC credit card account holders who have previously cancelled their card may be ineligible for these promotional offers. An overseas transaction charge is normally payable when you make a transaction on your account in a currency other than Australian dollars or you make a transaction on your account in any currency (including Australian dollars) that is processed or billed (by either the merchant, its financial institution or payment processor) outside of Australia. To be eligible for the introductory Balance Transfer rate, the Balance Transfer request must be made when applying for the new HSBC credit card and must be from non-HSBC credit cards. The total balance transfer amount must not exceed 90% of your approved credit limit. For the HSBC Low Rate Credit Card, the introductory interest rate on the balance transfer applies for 20 months from the day your Balance Transfer has posted. After this period, any balance outstanding will accrue interest at the current cash advance rate (currently 25.99% p.a. as at 4 December 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 then to portions of your balance that attract lower interest rates. This may mean applying all payments made to your account to pay off other transactions such as purchases and cash advances before any balance transfer amount. If applicable the Balance Transfer Fee will be calculated as a percentage of the balance being transferred to your HSBC credit card account. This fee is applied at the time the balance is transferred and forms part of the total outstanding balance. 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) and HSBC Bank Australia Limited (ABN 48 006 434 162) (AFSL 232595). Terms and conditions for HSBC insurance policies, limits and exclusions apply and are 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 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. Up to 55 days interest free on purchases will depend 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 only receive the benefit of an interest free period on purchases if you pay your full closing balance (excluding any balance transfer, cash transfer and promotional purchases) by the due date. Terms and conditions apply to the use of Apple PayApple Pay This link will open in a new window and Google PayGoogle Pay This link will open in a new window. Excludes HSBC Corporate Cards.

* For cards with reward programs that allow you to earn points, unless otherwise noted, the best case scenario of everyday spending is used when calculating the spend required to earn a reward. Everyday spending does not include bonus points that may be earned by shopping with loyalty partners. For rewards programs that have monthly caps, we assume you stay under that cap and for products with two cards, we assume spending is with the highest earning card. For programs that allow you to convert points for air travel at a price that changes from day to day, we have assumed that the flight is $300 (taxes and charges inclusive).

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