HSBC Platinum Credit Card – Review & Application
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The HSBC Platinum credit card is the card of choice for people that want the special privileges and experiences that can’t be found in other cards.
Only Platinum cards offer these exclusive services and offers, and some of these experiences can’t be bought with money. If you want to get on the Platinum side of life then this is your card.
Offering everything from a concierge service to music and concert events, the HSBC Platinum credit card delivers. If you love to go out to films and theater events, you can get the red carpet treatment with this card. You can have access to the best seats and can have them reserved for you even if the show has been sold out. A complimentary drink will be there for you at your arrival, reminding you that you are a Platinum member and deserve the best. If a concert or musical event is happening in your area you can schedule a personal up close experience with seats in the front section, or even get the chance to head backstage for a meet and greet with your favorite artist.
A personal concierge service is available for HSBC Platinum credit card members seven days a week, 24 hours a day. You can use this service to help you perform tasks that are time-consuming such as booking airline flights. Only Platinum cardholders have access to the service, and it is available online or by phone.
You can also get tickets to unique cultural events and exhibition or gallery openings through your card. It really is a Platinum lifestyle being offered, all rolled up into one card.
| Product Name | HSBC Platinum Credit Card | |
|---|---|---|
| Balance Transfer Rate | 0% p.a. for 8 months | |
| Interest Rate on Purchases | 19.99% p.a. | |
| Offer end date | 30 June 2013 | |
| Annual Fee | $129 p.a. | |
| Interest Free Period | up to 55 days | |
| Interest Rate on Cash Advances | 21.99% p.a. | |
| Minimum Credit Limit
This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure.
|
$6,000 | |
| Minimum Monthly Repayment | 3% | |
| Credit Card Type | Visa | |
| Late Payment Fee | $30 | |
| Complimentary Travel Insurance | Yes | |
| Available to Temporary Residents | No | |
| Joint Application | No |
An HSBC Platinum credit card is more then just a convenient way to spend money, it is a ticket to a world of privilege. As a platinum cardholder you have access to prestigious rewards and privileges because you have set yourself apart from the average customer.
These cards are meant to suit your needs so they offer valuable rewards and higher credit limits giving you spending power that pays you back.
HSBC Platinum Credit Card Benefits
-
Low Annual Fee - At $129 p.a. it is one of the lowest annual fees for a Platinum level credit card.
- Special Events - As a HSBC Platinum credit card holder you will have special access to events like theatre, concerts, and films. Not only will you be able to get the best seats in the house but you will also be able to get backstage passes to meet your favourite artists.
- Lifestyle and Opening Tickets - Platinum cardholders gain access to the finest things in life including gallery openings, cultural events, or private dining with celebrity chefs.
- Concierge Service - Whatever you can dream you can have with this card. Whether you need to hire a private jet or get tickets to a show the concierge service is at the ready all the time to assist you.
- Rewards Program - The Platinum rewards program earns points for every dollar that you spend. When you do business with bonus partners you can earn double or even triple rewards points. Also, the HSBC Home & Away privilege program gives you access to instant rewards here in Australia and in over 40 countries around the world.
- Vine Plus – If you love wine the Vine Plus program gives you excellent prices and advice on wines delivered straight to your door.
- Balance Transfers - Paying too much in interest on other cards? Transfer the balance and get a low introductory rate of 0% p.a. for 8 months, allowing you to pay off that balance cheaper and faster then you ever imagined.
- Extended Warranty - Enjoy up to 12 months of added protection on personal goods purchased with your HSBC Platinum credit card at no charge.
- Guaranteed Pricing - If you find an item you bought with your card cheaper, HSBC will make up the difference ending the frustration of paying more then you needed to pay.
- Purchase Protection - Wherever you buy items, at home or abroad, they are protected against theft, loss or damage for up to 90 days.
- Complimentary Transit Accident Insurance - If you are travelling by plane, bus, train, or ferry you are protected against injury or death as a passenger.
- Complimentary International Travel Insurance - Book your return travel tickets with your card and you are covered for medical expenses, loss or damage to personal items, travel delays or cancellations, rental car accidents, damage and legal liability.
- Visa Platinum Unique Travel program - This feature is for people who loves to travel and save money at the same time.
- 24/7 Customer service - Customer service that is available day and night.
- Visa Platinum Privileges.
With all of these benefits it is easy to see why the HSBC Platinum credit card is a great choice. Your platinum lifestyle deserved platinum level benefits, so don’t waste time with a card that does not give them to you.
If you want the finer things in life, reach for the HSBC Platinum credit card and start enjoying them now. This card will put you on the other side.
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Read the HSBC Platinum Credit Card terms and conditions.
| Minimum Income | $60,000 | |
|---|---|---|
| Minimum Age | 18 years of age | |
| Available to Temporary Residents | No | |
| Credit Rating Requirement | Good | |
| Min Credit Limit This is the lowest credit card limit that you can request. It is possible to apply for a higher credit card limit but not a lower one than this figure. | $6,000 |
| Annual Fee | $129 p.a. | |
|---|---|---|
| Minimum Repayment | 3% | |
| Late Payment Fee | $30 | |
| Over Limit Fee | $30 | |
| Overseas Emergency Replacement | $200 | |
| Overseas ATM Balance check | $0 | |
| Overseas ATM Withdrawal | $0 | |
| Foreign Currency Conversion Fee | 3% | |
| Gambling Transactions Allowed | No | |
| Additional Cardholder Fee | $0 |
Read the HSBC Platinum Credit Card terms and conditions.
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31 Responses to HSBC Platinum Credit Card – Review & Application
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i need a low income credit card in india
Can you have a secondary card holder with this credit card and are there any additional costs for this?
Hi,
Thanks for the question. Additional card holders for the HSBC Platinum Credit Card come at no additional cost. Cheers.
Jeremy
Hi
I have booked my International flights on my HSBC Platinum card, does that make me eligible for Travel Insurance? If so, do I have to contact HSBC to get the cover?
Thanks!
Hi,
Thanks for the question. When you meet the eligibility requirements for the international travel insurance cover by using your card to pay for plane tickets or pre-paid travel expenses, insurance cover will be automatic for yourself and family members set out in the terms and conditions found here – http://www.hsbc.com.au/1/PA_ES_Content_Mgmt/content/australia/common/pdf/personal/gp-insurance-tc.pdf
Cheers
Jeremy
i have a citibank platinum card with zero annual fee – can HSBC match this on this card?
I also have a hsbc account which I would like to link together for convenience.
Hi Jim. Sorry for the delay in our response. As far as I’m aware, major banks will not match competitors offers over the counter. What’s the harm in trying though? Please speak to the lender directly. Jacob.
I want a card that if I spend anything on the card I will earn points for my frequent flyers on everything I spend
Hi,
Thanks for the comment. Unfortunately there aren’t any cards in the market that let you earn points on everything you spend. The terms and conditions for all frequent flyer credit cards stipulate you can only earn points on eligible purchases – everything except cash advances, balance transfers, gambling transactions etc. – to find the frequent flyer card that’s best for your personal situation, check our frequent flyer comparison page found here – http://www.creditcardfinder.com.au/frequent-flyer-credit-cards – thanks for the question.
Cheers,
Jeremy
On the HSBC website:
http://www.hsbc.com.au/1/2/platinumcard?r=cc&WT.mc_id=AUH_platccfscc0112
it doesn’t mention the balance transfer offer of 0% for 9 months?
HI Martin. Thanks for writing to us about this. The offer on the page has been amended and is correct. Sorry for the delayed response.
hello
i did apply for a credit card.to date i haven’t received any feedback. may i just know why?
thank you and more power
Hi,
Thanks for the question. For further information on this topic please refer to our guide (http://www.creditcardfinder.com.au/how-to-check-on-your-credit-card-application.html). Cheers.
Jeremy
Can you collect reward points to redeem on flights with this card?
Hi Travis. Thanks for the question. Points can be redeemed on flights with a number of domestic and international airlines including Qantas, Jetstar, American Airlines and British Airlines. In addition, flights can be paid for using a mixture of both reward points and cash to get a cheaper flight. Check out the frequent flyer page on Qantas’s webpage, and the terms and conditions here.
Cheers.
Hi Travis. You can collect reward points to redeem on flights with the HSBC Platinum Credit Card. Please refer to the HSBC website for further information. Thanks for your question.
Is there a balance transfer option with this card?
HI Tim. Thanks for your question. The HSBC Platinum Credit Card does not offer a balance transfer feature for customers looking to reduce their interest repayments. For a list of cards that do, check our balance transfer page. Hope this has helped.
in order to received the 25,000 bonus reward points, do i have to apply/join with qantas frequent flyer card now or after i received my platinum credit card in the mail
Hi Phayla. Thanks for your question.
In order to earn Qantas Frequent Flyer Points, you must be a member of the program and provide your membership number to HSBC. This can be done during the application process or retrospectively. Hope this has helped.
How do I cash in my rewards
Hi Piper. Thanks for your question. You can do this all online. You will need to register for HSBC Credit Card Online and head to the rewards redemption section of the HSBC website. Rewards are usually sent out within two weeks. You can redeem your points for things like flights and travel, shopping and entertainment vouchers, financial rebates and wine through the HSBC wine program. Cheers.
Who or what can the rewards points gained be used for? Are there airlines involved in the rewards program?
Looking forward to hearing from you.
Regards
Garry
Hi Gary. Thanks for your question. HSBC Rewards can be used for: Flights and travel rewards, Shopping and Entertainment Vouchers, Financial Rebates & Wine program. Please log onto the HSBC Rewards Website for further information about these rewards. Cheers.
Is there frequent flyer / velocity awards programme, if so is this capped or planning to be capped?
Hello MJW,
thanks for the question!
This card earns HSBC Rewards Points, which can be exchanged for rewards from HSBC’s Rewards Plus store, and are capped at 300,000 points a year. These points can also be exchanged for Cathay Pacific Asia Miles or Singapore Airlines KrisFlyer points. For more information about the transfer rates check this guide out.
Cheers,
Marc.
Does this card allow reward points to be converted to Qantas FF points?
Hello Scot,
thanks for the question!
This card only allows the transfer of points into Cathay Pacific Asia Miles or Singapore KrisFlyer Miles. Qantas Frequent Flyer points can be directly earned with the HSBC Qantas Platinum Card however.
Cheers,
Marc.
I EARN JUST UNDER $60,000 DO I QUALIFY FOR THE PLATINUM
Given the following: I live in Guam, retired U.S. Army, currently employed by the U.S. Navy as a civilian, $148,000 annual income, fair credit rating of 665 (probably dropped 20 more by Slate Chase taking a look) due to high balances on revolving credit etc…
I would like to balance transfer $7500. Is it worth my time to attempt qualifying?
Thanks, Kris
Hi Kris. These cards are available to permanent Australian residents only. Jacob.