HSBC Balance Transfer

The HSBC balance transfer credit card allows you to transfer any amount from your old credit card or any Australian shop.

If you have been thinking about getting an HSBC balance transfer card, then take a look at this article to get your questions answered. It covers most of the frequently asked questions about HSBC transfer cards.

HSBC Balance Transfer Credit Card

The HSBC Credit Card is a unique balance transfer credit card as it also has a no annual fee for life, and a low interest rate on any credit card balances you transfer to your new HSBC Credit Card

• $0 annual fee
• 17.99% p.a. on purchases
• 0% p.a. for 6 months with 2% handling fee on balance transfers
• Cash Advance Rate of 21.99% p.a.
• 55 days interest free
• Minimum Income Requirement of $20,000 p.a.
• Access to the Home & Away Privilege Program which gives you instant discounts on shopping, travel, accommodation and plenty more!

Read the HSBC Credit Card terms and conditions.

At HSBC, their top priority is giving their customers anything they can to help them manage debt, and that includes the HSBC balance transfer card. HSBC knows that everybody needs a little help with their credit card debt from time to time, and making a transfer to a new card with low interest rates may be just the thing to solve all of your debt problems.

Featured HSBC Credit Card

Accelerate your Qantas Frequent Flyer points with HSBC Platinum Qantas Credit Card. Earn 20,000 Bonus Qantas Frequent Flyer Points. Plus 2 Complimentary invitations to the Qantas Club lounge every year².

• $199 annual fee
• 20.99% p.a. on purchases
• 0% p.a. for 6 months with 2% handling fee on balance transfers
• Cash Advance Rate of 21.99% p.a.
• 55 days interest free
• Minimum Income Requirement of $60,000 p.a.
• Earn 2 Qantas Frequent Flyer points for every $1 spent on eligible purchases¹ overseas.
• Earn 1 Qantas Frequent Flyer point for every $1 spent on eligible purchases¹ in Australia.

Read the HSBC Platinum Qantas Credit Card terms and conditions.

HSBC balance transfer card FAQs

Here are some of the most frequently asked questions about HSBC balance transfer cards, so that you can be certain you are making the right choice.

Can I get a promotional balance transfer rate?

This special rate is given to new customers at HSBC. It is limited to the first request for a balance transfer from other credit or store cards.

Can I transfer the entire balance from my other store or credit cards?

You can transfer any amount from an Australian store or credit card up to the credit limit that is available on your new HSBC balance transfer card. You will be assessed to determine the amount of your credit limit and this may or may not be the limit that you had originally asked for. There is a minimum amount that you can transfer, and this is set at $500. You are, however, allowed to make an unlimited amount of transfers.

How long will it take?

When your card has been approved, it may take up to 14 days for the balance transfer to be completed by HSBC.

How long is the interest-free period?

This date depends on which credit card you are applying for.

• Up to 45 days of interest free purchasing – HSBC Premier Card
• Up to 45 days of interest free purchasing – HSBC Platinum Card
• Up to 45 days of interest free purchasing – HSBC Gold Card
• Up to 45 days of interest free purchasing – HSBC Classic Card
• Up to 55 days of interest free purchasing – HSBC Card

HSBC is committed to helping you get out of debt by offering the HSBC balance transfer card. If used properly, you can get your debt paid off and will no longer have to worry about credit card interest rates piling onto an already unmanageable situation.

Image source: Speakers connect

Check out today's featured offers:

Westpac Low Rate	Citibank Clear Platinum	Qantas AMEX Discovery	ANZ Platinum
0% p.a. for 6 months on purchases & balance transfers	2.9% p.a. for 12 months on balance transfers	$0 annual fee Up to 10,000 Bonus QFF Points	0% p.a. for 6 months on purchases & balance transfers

Subscribe to our newsletter and get "The Ultimate Guide to Balance Transfers"

Popular Credit Card Offers

			Interest Rate (p.a.)	Balance Transfer Rate (p.a.)	Annual fee	Cash Advance Rate (p.a.)
	Westpac Low Rate Card - 0% Offer	A credit card with a low rate offer on both balance transfers and purchases, plus a low annual fee.	0% for 6 months (reverts to 13.49% )	0% for 6 months	$45	21.49%
	Citibank Clear Platinum Card	Competitive interest rate on purchases and balance transfers offer.	11.99%	2.9% for 12 months	$99	21.74%
	St George Vertigo	Take advantage of this great offer from St.George with a low rate on purchases and a low balance transfer offer.	13.24%	0.99% for 12 months	$55	21.49%
	ANZ Platinum Credit Card	An introductory interest rate offer on balance transfers and purchases, plus a $0 first year annual fee.	0% for 6 months (reverts to 19.24% )	0% for 6 months	$0 annual fee for the first year( $87 thereafter)	20.99%