The HSBC Gold Mastercard Credit Card comes in handy for people who are looking to pay down balances from another credit card. With a generous introductory rate of zero percent for 18 months, cardholders can enjoy zero penalties for balance transfers.
On top of the 0% interest rate for balance transfers, you can also enjoy an 18-month zero percent for new purchases. If you have some card debt but still need to make purchases, the HSBC Gold Mastercard offers up to a 60-day interest-free period.
There’s more to the Gold Mastercard than the two highlighted promotional offers. Learn how you can save when using this credit card. Read on to discover more about the credit card’s features, the application process, requirements, fees, and more.
HSBC Gold Mastercard Features
The best part of having the HSBC Gold Mastercard Credit Card is that there is no annual fee. Cardholders can enjoy the benefits of this card without any joining or annual fee involved.
Add to that the lack of foreign transaction fees, and it is clear that this is an affordable card to add to your wallet.
The generous 18-month zero interest rate offer for new cardholders make it easier to pay down debt from other cards. You’ll save a bit in clearing debt because of this promotion. Plus, you can still shop, dine, and use this card overseas, all at once.
Another reason to get the HSBC Gold Mastercard Credit Card is the Zero Liability protection for unauthorized transactions. Mastercard charges nothing to cardholders who are victims of identity theft and fraud.
If you love traveling, the Gold Mastercard provides a suite of benefits like car rental coverage and 15% savings on Airport Meet and Greet services in 450 destinations worldwide.
The Application Process And Requirements
To qualify as a cardholder, applicants need to be at least 18 years old, a US resident, and employed. HSBC requests personal, financial, and employment information from applicants.
Documents required are valid IDs, bank statements, Social Security Number, and payslips.
Applicants can apply via visiting the HSBC website or submit an application to any HSBC branch. For online applicants, you need to create an account before filling out the credit card application form.
The Fees And Charges Associated
After the 18-month introductory offer, the standard APR starts at 12.99% to 22.99%, based on the applicant’s creditworthiness. For balance transfers, the rate is $10 per balance transfer or 4% whichever is higher.
For a late payment, the charge is free upon the first missed or late payment within a 12-month calendar. After that, the charge is $39 on top of the borrowed amount.
HSBC Contact Information
Contact HSBC for inquiries and credit card application concerns. Dial 800-954-4722 for personal banking queries and other concerns. HSBC's main office is located at 452 Fifth Avenue, New York City, New York, United States.
Conclusion
Having the HSBC Gold Mastercard Credit Card provides countless perks and benefits to cardholders. This credit card is suited for individuals with accumulated balances from another card. For more information, visit the website of HSBC today.
Note: There are risks involved when applying for and using a credit card. Please see the bank’s Terms and Conditions page for more information.
