HSBC Platinum Credit Card (0% p.a. interest on Balance Transfers for 36 months (no BT fee) and a reduced annual fee in first year.)

Purchase Rate
19.99% p.a.
Cash Advance Rate
21.99% p.a.
Interest Free
Up to 55 days
Annual Fee
Balance Transfer Rate
0% p.a. for first 36 months
  • 0% p.a. interest on Balance Transfers for 36 months1 (no Balance Transfer Fee applies) and reduced annual fee of $29 in First Year then $129 thereafter.2
  • Earn 2 Rewards Plus points per dollar on overseas purchases and 1 Rewards Plus point per dollar for all other eligible purchases3. Rewards Plus points can be redeemed for e-gift cards from Bunnings, Coles, Woolworths, Uber and more
  • Enjoy 2 airport lounge passes every year at over 500 airports worldwide 6
  • Complimentary domestic and international travel insurance4
  • Available when you apply for a new Platinum Credit Card. HSBC may change or end this offer at any time. Please see full terms and conditions below. Other fees and charges apply. 

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

Rewards Program

Fee & Repayments

Annual Fee $129.00
Annual Fee First Year $29.00
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

Rewards Program

Rewards Points per Dollar 2.00
Linked to Frequent Flyer
Spend to Redeem $100 Gift Card* $18,400.00
Frequent Flyer Ratio
Spend at Loyalty Partner for $100 Gift Card*
Lifetime of Points 36 months
Rewards Program Partners Refer to and
Rewards Bonus Points Partners Refer to
Domestic Airlines
International Airlines
Conditions Refer to and to view program terms and conditions.

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. Offer available when you apply for a new Platinum Credit Card. HSBC may change or end this offer at any time. Fees, charges, terms, conditions and HSBC’s lending criteria applies to all credit cards issued by HSBC. Visit or call 1300 308 880. Interest rates are valid at the time of publication and are subject to change. View Terms and conditions (PDF, 101 KB) for full details. 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 36 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 annual fee will be $29 in the first year and charged on the first statement of account. This will return to $129 in following years and is subject to change. 3. HSBC's Credit Card Rewards Terms and Conditions apply. A points capping limit of 10,000 points per statement period applies. 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. 4. 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 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. 5. 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. 6. Terms and conditions apply for Airport Lounge Passes.

* 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).

Visa® is a registered trademark of Visa International Services Association.
The MasterCard® brand is a registered trademark of MasterCard International Incorporated.