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
Get even more out of your card
- Mobile paymentsMake 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 ControlsUse My Card Controls to help keep your spending safe with transaction limits and the ability to lock or unlock your card.
- HSBC Instant SavingsDiscover over 4,500 ways to save when you get the HSBC Instant Savings app – learn more [@cards-instant-savings-tnc]
- home&Away Privilege ProgramYour gateway to exclusive offers and privileges from our 27,000 selected partners at home and overseas[@cards-home-Away].
Why choose HSBC?
Award-winning credit cards
Our Credit Cards were part of why we were awarded the Canstar Bank of the Year for Everyday Banking 2020-2024.
| 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 |
| 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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Earn great rewards on your everyday spend, including cashback, e-gift cards, travel perks and more.
Important information
Credit provided by HSBC Bank Australia Limited ABN 48 006 434 162. AFSL and Australian Credit Licence 232595.
Fees, charges, terms, conditions and HSBC's lending criteria apply 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. See Target Market Determinations for our products.
Available to new, approved customers who apply for the HSBC Low Rate Credit Card. Offer is not available for product transfers or in conjunction with any other offer. HSBC may change or end this offer at any time.