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HSBC Low Rate Credit Card

Enjoy the lowest interest rate for purchases out of all our credit cards.

Save on interest when you spend online or in stores with our lowest credit card interest rate. Plus, you'll get retail perks and domestic travel insurance included with your card. 

  • Get a fuss-free, low-rate credit card with extra benefits
  • Get 0% p.a. interest on balance transfers for 12 months [@cards-low-rate-20-month-balance-transfer] (2% balance transfer fee applies)[@cards-2-percent-balance-transfer-fee]
  • Share the benefits with those close to you, with no additional cardholder fees[@additional-cardholder]

Rates and fees

Annual fee$99 

Interest-free period on purchasesUp to 55 days[@cards-up-to-55-days]  

Interest rate for purchases

12.99% p.a.

What you get with an HSBC Low Rate Credit Card

Low interest rate

Get the lowest purchase interest rate across all our cards, giving you the convenience of more time to pay for purchases

Spend overseas without the fees

No overseas transaction fees for purchases made outside of Australia in person or online

Enjoy complimentary insurance

Go on your next adventure with complimentary domestic travel insurance[@cards-complimentary-insurance]

Reward yourself with Visa

Treat yourself today with Visa's outstanding offers and perks on flights, food, fashion, and more

Get even more out of your card

  • Mobile payments
    Make fast and secure contactless payments with your phone anywhere that accepts Apple Pay or Google Pay – online and at participating retail stores[@cards-mobile-payments].
  • My Card Controls
    Use My Card Controls to help keep your spending safe with transaction limits and the ability to lock or unlock your card.
  • HSBC Instant Savings
    Discover over 4,500 ways to save when you get the HSBC Instant Savings app – learn more [@cards-instant-savings-tnc]
  • home&Away Privilege Program
    Your gateway to exclusive offers and privileges from our 27,000 selected partners at home and overseas[@cards-home-Away].

Card fees and features

Find out the fees and features for the HSBC Low Rate Credit Card.
Fees and features Details
Interest rate for purchases 12.99% per year
Interest-free period Up to 55 days[@cards-up-to-55-days]
Interest rate for cash advances 25.99% per year
Introductory balance transfer rate from non-HSBC credit cards on application 0% p.a. for 12 months (reverting to the variable cash advance rate)[@cards-low-rate-20-month-balance-transfer]
Balance transfer fee 2% of the balance transferred[@cards-2-percent-balance-transfer-fee]
Annual fee $99
Cash advance fee 3% or $4, whichever is higher
Overseas transaction fee $0
Additional cardholder fee (cardholder must be over 16 years old) $0
Minimum income requirement $40,000 per year
Minimum credit limit $1,000
Late payment fee $30

Card fees and features

Find out the fees and features for the HSBC Low Rate Credit Card.
Fees and features Interest rate for purchases
Details 12.99% per year
Fees and features Interest-free period
Details Up to 55 days[@cards-up-to-55-days]
Fees and features Interest rate for cash advances
Details 25.99% per year
Fees and features Introductory balance transfer rate from non-HSBC credit cards on application
Details 0% p.a. for 12 months (reverting to the variable cash advance rate)[@cards-low-rate-20-month-balance-transfer]
Fees and features Balance transfer fee
Details 2% of the balance transferred[@cards-2-percent-balance-transfer-fee]
Fees and features Annual fee
Details $99
Fees and features Cash advance fee
Details 3% or $4, whichever is higher
Fees and features Overseas transaction fee
Details $0
Fees and features Additional cardholder fee (cardholder must be over 16 years old)
Details $0
Fees and features Minimum income requirement
Details $40,000 per year
Fees and features Minimum credit limit
Details $1,000
Fees and features Late payment fee
Details $30

What you need to know

Card trade-offs

Compared to other HSBC credit cards, you won't get: 

  • The ability to earn HSBC Rewards Points
  • International travel insurance

Compare our credit cards

You can find out more about our credit cards and compare them with the HSBC Low Rate Credit Card here.

Are you eligible?

To apply for an HSBC Low Rate Credit Card, you'll need to:

  • Be at least 18 years old
  • Be an Australian citizen, permanent resident or hold a long-term visa
  • Earn at least $40,000 per year
  • Have a good credit rating

You'll need to provide some identification and proof of address, income and employment to apply.

 

Ready to apply?

New to HSBC?

If you've never banked with us before, you can apply online for an HSBC Low Rate Credit Card. We recommend using the latest version of Chrome or Safari to do so. It takes 10 minutes and you'll get an instant response. 

Existing HSBC customer

If you already bank with us, you can apply via online banking.

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Important information

Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162 AFSL and Australian Credit Licence 232595.

Available to new, approved customers who apply for the HSBC Low Rate 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. Go to www.hsbc.com.au or call 1300 308 880. Interest rates are valid at the time of publication and are subject to change. See terms and conditions for more information.

This website is designed for use in Australia. The products and services represented within this website are intended for Australian residents.