HSBC Platinum Rewards Credit Card Review

HSBC Platinum Rewards Credit Card is a cashback credit card issued by HSBC Bank USA. 

Good credit. This card is designed for people with good credit. The minimum credit score to apply is 700.

If you're wondering whether HSBC Platinum Rewards Credit Card is the right card for you, read on. This is everything you need to know to make a good choice.

Pros & Cons of HSBC Platinum Rewards Credit Card

Pros	Cons
0% introductory rate for purchases and balance transfers No annual fee No foreign transaction fee No fee for additional cards	Low rewards after the first year.

Is there a HSBC Platinum Rewards Credit Card cash back or rewards program?

HSBC Platinum Rewards Credit Card is a cashback card. This means you earn a percentage of your purchase as a cash reward.

This card features rewards for purchases in the following categories:

• Every Purchase
• Retail

HSBC Platinum Rewards Credit Card Rewards

Rewards rate (all purchases)	N/A
Max rewards rate	N/A
Annual rewards limit	N/A
Signup Bonus ($)	N/A
Signup Bonus Spend Requirement	$0

What are the HSBC Platinum Rewards Credit Card benefits?

HSBC Platinum Rewards Credit Card provides the following benefits:

• Free Credit Score
• Emergency Support
• Extended Warranty Protection
• Fraud Liability
• Price Protection
• Travel Accident Insurance
• Travel Assistance
• ID Theft Protection
• Reports to major credit bureaus

What are the relevant APRs for HSBC Platinum Rewards Credit Card?

HSBC Platinum Rewards Credit Card has a variable purchase APR that ranges from 15.24% up to 25.24%. The card has a variable balance transfer APR that ranges from 15.24% up to 25.24%.

It also has a variable cash advance APR starting at 27.24% . Note that late payments are subject to an APR of 32.24% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.

What are the HSBC Platinum Rewards Credit Card fees?

No Annual Fee. HSBC Platinum Rewards Credit Card does not charge an annual fee. No foreign transaction fee. HSBC Platinum Rewards 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.

The following fees apply to HSBC Platinum Rewards Credit Card:

HSBC Platinum Rewards Credit Card Fees

Fees	Amount
Annual Fee	$0
Foreign Transaction Fee	0%
Balance Transfer Fee	4%
Minimum Balance Transfer Fee	$10
Returned Payment Fee	up to $25
Late Payment Fee	up to $37

Does HSBC Platinum Rewards Credit Card report your account activity to credit bureaus?

HSBC Platinum Rewards Credit Card reports your account activity to the following credit reporting agencies:

• Equifax
• Experian
• Transunion

Making regular and on-time payments on a credit card that reports your account activity to credit bureaus will demonstrate that you consistently manage debt well and can help increase your credit scores.

How to apply for HSBC Platinum Rewards Credit Card

• Visit the HSBC Bank USA website.
• Fill in the application form. You will typically need to provide general financial information, such as your Social Security Number, address, annual income, and source of employment.
• 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.