The HSBC Group has one of the largest banking and financial services operations anywhere in the world. While HSBC are headquartered in London they have an international network of over 8000 properties, spread over 88 countries. HSBC began operating in Australia in 1965 and went on to establish its place in the Australian financial market by being awarded a commercial licence in 1986 and having their global brand HSBC adopted by all Australian subsidiaries in 1999. HSBC now has 35 branches and offices in Australia and offers personal banking services, financial planning advice and consumer finance offering standard credit cards as well as an alternative for store credit finance.
Why Choose HSBC?
If you are looking for a credit card provider which is the right fit with you and understands your needs, plus is able to meet them, you need to find out more about how HSBC operates and what they provide to help you make those comparisons with other leading Australian credit card providers. HSBC sets itself apart by:
- Offering highly awarded credit cards. In 2009 HSBC won the Best Transactor Credit Card in the Money Magazine Best of the Best awards. There are Woolworths Everyday Money Credit Card was also awarded a Five-Star Outstanding Value rating and given a Five-Star Rating for its rewards program by Canstar Cannex. In the Asset’s Triple A Awards HSBC was also awarded as the 2010 Best Sub-Custodian, and the Best Domestic Custodian (Australia).
- Rewards which really can grow your money. As well as offering the common rewards of a credit card rewards program such as entertainment, merchandise, travel and gift cards HSBC credit cards also offer financial rewards. You can choose to redeem your rewards points to make repayments on your HSBC home loan or to make a deposit to your HSBC online savings account. You can also redeem your credit card points for a range of insurance or education rebates, as well is using them to make a donation to charity.
- Protects you and your card. As a HSBC customer you can also choose to add credit card repayment protection if you can’t meet your monthly repayments, plus you can also take out life protection insurance with HSBC which can pay a lump sum amount to your family in the event of your death or serious illness or injury.
- Help you securely manage the loss of your possessions. If you were to lose your wallet or bag it would be devastating due to the personal possessions you would lose as well as to your personal security in losing all of your identification details. While HSBC cannot replace the family photos or artwork you may carry with you, you are able to register with Secure Sentinel which, with just one phone call, allows you to: cancel and reorder lost credit or debit cards; arranged to cancel a missing passport and put you in contact with the Australian Embassy; organise an emergency cash advance of up to AU $1000 wherever you are in the world; and put a block on your mobile phone and notify your service provider.
HSBC Balance Transfer Credit Cards
HSBC offers an attractive 0% interest balance transfer offer for six months so you can consolidate your credit cards and store cards into one affordable monthly repayment so you can get control of your debt. If you still have questions about the HSBC balance transfer process you will probably find your answers below.
How does an HSBC balance transfer work?
You are able to transfer any balance from Australian credit cards or store cards up to the available credit limit of HSBC credit card you have applied for. Your credit card limit is based on your income and financial situation and the amount you apply for is not always the amount which is approved. The minimum amount you can transfer in an HSBC balance transfer is $500 but there is no limit to the number of transfers. An HSBC balance transfer can take up to 14 days to be processed from the date that your card is approved. You are transferred balances will then enjoy the 0% interest introductory period for six months, after which they will revert to the cash advance rate for your HSBC credit card.
How do I take advantage of HSBC balance transfer credit cards?
You must be a new HSBC customer and be transferring the balance from non-HSBC credit cards to be eligible for the promotional balance transfer offers. You must also make a balance transfer request when you apply for a new HSBC credit card, or all within one month of receiving your card to ensure you are eligible for the balance transfer offer.
Which HSBC credit cards can I use to take advantage of the balance transfer offers?
If you qualify for a balance transfer as a new HSBC credit card customer you can choose to take advantage of the 0% interest six-month balance transfer offer on the following cards:
HSBC promotes itself as the world’s bank and this means you can benefit from all of the best features gathered from around the world, coupled with world-class service not to mention a competitive 0% balance transfer offer.
Posted on Friday, June 4th, 2010 at 1:07 pm
You can leave a response, or trackback from your own site.