HSBC Gold Mastercard Credit Card Reviews (Oct. 2020) | Personal Credit Cards

Highlights
Community Rating	Rating not yet determined
Purchase APR (Variable APR)	12.99% - 22.99%
Balance Transfer APR (Variable APR)	12.99% - 22.99%
Credit Score Range	670 - 850
Annual Fee	$0

HSBC Gold Mastercard Credit Card Review

HSBC Gold Mastercard Credit Card is a credit card issued by HSBC Bank USA. If you're wondering whether HSBC Gold Mastercard Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Key Takeaways

0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 18 months, which is longer than the average 0% APR period of 12 months.
0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 18 months.
Competitive APRs. HSBC Gold Mastercard Credit Card has a variable purchase APR that ranges from 12.99% up to 22.99%.
No annual fee. This is a great option for people looking for a low-maintenance card. It gives you the benefits of a credit card, but you don't have to pay an annual fee for the privilege.
4% Balance transfer fee. HSBC Gold Mastercard Credit Card charges a fee of up to 4% on balance transfers. For example, a balance of $1,000 could cost up to $40 in transfer fees. The minimum fee is $10.
$0 foreign transaction fee. This card does not charge foreign transaction fees, which makes a great credit card to carry with you when traveling abroad.
Multiple credit card benefits. Includes generous credit card perks, such as access to a concierge, and fraud protection.
Good or better credit required. You should probably try with another card if your credit score is below 670.

HSBC Gold Mastercard Credit Card Pros & Cons

The Good	The Bad
No penalty APR There is a late fee waiver that allows one late payment every 12 months without a fee. No foreign transaction fees. 0% for 18 months on purchases and balance transfers. Lower than average purchase APRs. 0% APR balance transfer intro rate on balance transfers for up to 18 months. 0% APR on new purchases during the first 18 months. No annual fee. Multiple credit card perks. Access to a concierge. No foreign transaction fee. HSBC Gold Mastercard Credit Card reports to multiple credit bureaus.	No rewards. High APR if card holder does not pay off purchases or balance transfers within introductory period. Requires good to excellent credit. Does not offer a signup bonus. Does not offer rewards or cash back. You don't earn rewards on every purchase. Charges a 4% balance transfer fee.

The Good

The Bad

No penalty APR
There is a late fee waiver that allows one late payment every 12 months without a fee.
No foreign transaction fees.
0% for 18 months on purchases and balance transfers.
Lower than average purchase APRs.
0% APR balance transfer intro rate on balance transfers for up to 18 months.
0% APR on new purchases during the first 18 months.
No annual fee.
Multiple credit card perks.
Access to a concierge.
No foreign transaction fee.
HSBC Gold Mastercard Credit Card reports to multiple credit bureaus.

No rewards.
High APR if card holder does not pay off purchases or balance transfers within introductory period.
Requires good to excellent credit.
Does not offer a signup bonus.
Does not offer rewards or cash back.
You don't earn rewards on every purchase.
Charges a 4% balance transfer fee.

HSBC Gold Mastercard Credit Card FAQ

Is there a HSBC Gold Mastercard Credit Card cash back or rewards program?

No, HSBC Gold Mastercard Credit Card does not offer a rewards program.

What are the HSBC Gold Mastercard Credit Card benefits?

HSBC Gold Mastercard Credit Card provides the following benefits:

ID Theft Protection
Reports to major credit bureaus

What are the relevant APRs for HSBC Gold Mastercard Credit Card?

According to the Federal Reserve Board, the average interest rate is 15% for all credit cards and 17% for accounts that carry a balance. HSBC Gold Mastercard Credit Card has lower than average purchase APRs.

HSBC Gold Mastercard Credit Card has a variable purchase APR that ranges from 12.99% up to 22.99%. The card has a variable balance transfer APR that ranges from 12.99% up to 22.99%. It also has a variable cash advance APR of 24.99% .

Does HSBC Gold Mastercard Credit Card have an introductory APR offer on balance transfers?

Yes, HSBC Gold Mastercard Credit Card offers an introductory APR rate on balance transfers of 0% for a period of up to 18 months.

HSBC Gold Mastercard Credit Card Balance Transfers
Description
Balance Transfer APR	12.99% - 22.99%
Balance Transfer Introductory APR	0%
Balance Transfer Intro APR Period (months)	18
Balance Transfer Fee %	4%
Balance Transfer Fee % After Intro Period	N/A
Balance Transfer Fee Intro Period (days)	N/A
Balance Transfer Fee Minimum	$10

Does HSBC Gold Mastercard Credit Card have an introductory APR offer on new purchases?

This card does offer an introductory APR rate of 0% on qualified purchases for a period of up to 18 months.

HSBC Gold Mastercard Credit Card Purchase Intro Offer
Description
Introductory Rate	0%
Purchase Intro APR Period (months)	18

What are the fees for HSBC Gold Mastercard Credit Card?

The following fees apply to HSBC Gold Mastercard Credit Card:

HSBC Gold Mastercard Credit Card Fees
Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Returned Payment Fee	up to $39
Late Payment Fee	up to $39

Does HSBC Gold Mastercard Credit Card have a foreign transaction fee?

HSBC Gold Mastercard Credit Card does not charge foreign transaction fees. If you are a frequent traveler, this can save you hundreds of dollars in credit card fees when you travel out of the country.

Does HSBC Gold Mastercard Credit Card report your account activity to credit bureaus?

HSBC Gold Mastercard Credit Card reports your account activity to the following credit reporting agencies:

Equifax
Experian
Transunion

Making regular on-time payments to a creditor that reports to one or more credit bureaus will demonstrate your financial responsibility and can help improve your credit.

How to apply for HSBC Gold Mastercard Credit Card

Visit the HSBC Gold Mastercard Credit Card website.
Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, and annual income.
Check the information is accurate and submit your application.
If you're denied click here to find out why your application may have been rejected and what you can do about it.

If your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.

View HSBC Gold Mastercard Credit Card's published terms & conditions.

SuperMoney Disclosure: SuperMoney.com is an independent, advertising-supported service. The owner of this website may be compensated in exchange for featured placement of certain sponsored products and services, or your clicking on links posted on this website. Read more...

Editorial Disclaimer: Editorial and user-generated content on this page is not provided or commissioned by the issuer. Opinions expressed here are the author’s alone and have not been approved or otherwise endorsed by any financial institution, including those that are advertising partners.

Contact

Headquarters
425 Fifth Avenue
New York, NY 10018
Visit Site

Hours of Operation

Sunday Closed
Monday 8:30am - 5:00pm
Tuesday 8:30am - 5:00pm
Wednesday 8:30am - 5:00pm
Thursday 8:00am - 6:00pm
Friday 8:30am - 5:00pm
Saturday 9:00am - 1:00pm

Other Services by HSBC Bank USA

View all personal credit cards offered by HSBC Bank USA

Banking

Loans

Message From HSBC Bank USA

Availability

Available in 50 states and Washington, D.C.

Alabama
Alaska
Arizona
Arkansas
California
Colorado
Connecticut
Delaware
Washington, DC
Florida
Georgia
Hawaii
Idaho
Illinois
Indiana
Iowa
Kansas
Kentucky
Louisiana
Maine
Maryland
Massachusetts
Michigan
Minnesota
Mississippi
Missouri
Montana
Nebraska
Nevada
New Hampshire
New Jersey
New Mexico
New York
North Carolina
North Dakota
Ohio
Oklahoma
Oregon
Pennsylvania
Rhode Island
South Carolina
South Dakota
Tennessee
Texas
Utah
Vermont
Virginia
Washington
West Virginia
Wisconsin
Wyoming

Feature Breakdown

Introductory Rate	0%
Purchase Intro APR Period (Variable APR)	18 months

HSBC Gold Mastercard Credit Card Community Reviews

Would you recommend HSBC Gold Mastercard Credit Card to your friends?

Foreign Currency Transaction Fee	0%
No Annual Fee
No Foreign Transaction Fee
Annual Fee	$0
No Interest Grace Period for Late Payment	25 days
Paper Statement Fee	$0
Cash Advance Fee Minimum	$10
Cash Advance Fee (%)	Up to 5%
Minimum Cash Advance Fee ($)	Starting at $10
Minimum Interest Charge	$1
Returned Payment Fee	Up to $39
Late Fee Amount	Up to $39

Customer Type	Personal
Minimum Age	18
Supported Income Types	Direct Deposit (W2, SSA, SSDI) Cash Payroll Check or Prepaid Card 1099 Misc. Income
Military Status	Active Duty Military Non-Military Veterans Military Dependent
Employment Statuses Considered	Employed Full-Time Employed Part-Time Other Retired Self-Employed
Immigration Status Considered	U.S. Citizen U.S. Permanent Resident
Credit Score Range	670 - 850 850 300 670

Card Type	Balance Transfer Zero Percent
Card Network	Mastercard

Compare All Personal Credit Cards

HSBC Gold Mastercard Credit Card

in Personal Credit Cards from HSBC Bank USA