Important disclosure
Pros and cons
For Low Rate Credit Card
Benefits
- Lower than average ongoing variable purchase rate
- Domestic travel insurance
- Free supplementary cards
- Partner discounts
Drawbacks
- No reward program
HSBC Rate Credit card overview
For Low Rate Credit Card
Details
Card Level Standard | Card Type Visa |
Interest Free Days 55 | Minimum monthly repayment 3% or $30 |
Minimum credit limit $1k | Maximum credit limit No set max |
Free supplementary cards | Instant Approval |
Target Market Determination Visit HSBC Bank Australia Limited to view Target Market Determination. |
Fees
Annual Fee $99 | Annual Fee Spend Waiver |
Supplementary card annual fee $0 | Late Payment Fee $30 |
Over limit fee $30 | Duplicate statement fee $8 |
Electronic Wallet Service
Important Rates
Rates
Purchase Rate 12.99% p.a |
Cash advance rate 25.99% |
Cash advance fee 3% or $4 |
Balance Transfer
Balance Transfer Rate 0% p.a |
Transfer Limit 90% of the approved credit limit |
Balance Transfer Fee 2% |
Overseas spending
Foreign Exchange Fee $0 |
Overseas charges $4 |
Estimated ATM Cost $4 for AU $300 withdrawal |
Rewards
Program name |
Rewards Available - |
Eligibility
Minimum age 18 |
Minimum income $40k |
Eligibility conditions - |
Residency Australia Citizen, Permanent Resident |
Perks
- DOMESTIC TRAVEL INSURANCE
- FREE SUPPLEMENTARY CARDS
- PARTNER DISCOUNTS
Specials
- Balance Transfer 0% p.a. balance transfer for 20 months.A 2% balance transfer fee applies.