
HSBC Platinum Rewards Credit Card
in Personal Credit Cards from HSBC Bank USA
Would you recommend HSBC Platinum Rewards Credit Card to your friends?
Community Rating |
Rating not yet determined |
Purchase APR (Variable APR) | 14.74% - 24.74% |
Balance Transfer APR (Variable APR) | 14.74% - 24.74% |
Credit Score Range | 680 - 850 |
Annual Fee | $0 |
HSBC Platinum Rewards Credit Card Review
HSBC Platinum Rewards Credit Card is a cashback credit card issued by HSBC Bank USA. 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.
- 0% APR balance transfer intro rate. Offers an introductory 0% APR rate on balance transfers for up to 12 months, which is the average period for 0% APR balance transfer cards.
- 0% APR on new purchases. New cardholders receive an introductory 0% APR rate on new purchases for up to 12 months.
- Competitive APRs. HSBC Platinum Rewards Credit Card has a variable purchase APR that ranges from 14.74% up to 24.74%.
- No annual fee*. This is a great option for people looking for a low-maintenance rewards card. It gives you rewards on your purchases, but you don't have to pay an annual fee for the privilege.
- 4% Balance transfer fee. HSBC Platinum Rewards 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.
- No foreign transaction fee. This card does not charge a fee when you make a purchase that passes through a foreign bank, or is in a currency other than the U.S. dollar (USD), which makes it a great credit card to carry when traveling abroad.
- Multiple credit card benefits. Includes generous credit card perks, such as and fraud protection.
- Good or better credit required. You should probably try with another card if your credit score is below 680.
The Good | The Bad |
---|---|
|
|
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. With HSBC Platinum Rewards Credit Card you receive 1.5% cash back on every purchase. For example, if you buy a $1,000 laptop, you will receive $15 back in cash.
Minimum rewards rate | 1.5x |
Max rewards rate | N/A |
Annual rewards limit | N/A |
Does HSBC Platinum Rewards Credit Card have a signup bonus?
HSBC Platinum Rewards Credit Card doesn't offer a cash signup bonus.Does HSBC Platinum Rewards Credit Card offer an annual loyalty bonus?
HSBC Platinum Rewards Credit Card doesn't offer a cash loyalty bonus.What are the HSBC Platinum Rewards Credit Card benefits?
HSBC Platinum Rewards Credit Card provides the following benefits:
- Cellular Telephone Protection
- ID Theft Protection
- Reports to major credit bureaus
What are the relevant APRs for HSBC Platinum Rewards 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 Platinum Rewards Credit Card has lower than average purchase APRs.HSBC Platinum Rewards Credit Card has a variable purchase APR that ranges from 14.74% up to 24.74%. The card has a variable balance transfer APR that ranges from 14.74% up to 24.74%. It also has a variable cash advance APR of 26.74% . Note that late payments are subject to an APR of 31.74% if you are late or miss your payments. Typically, the penalty APR applies for a minimum of six months but can go on indefinitely.
Does HSBC Platinum Rewards Credit Card have an introductory APR offer on balance transfers?
Yes, HSBC Platinum Rewards Credit Card offers an introductory APR rate on balance transfers of 0% for a period of up to 12 months.
Description | |
---|---|
Balance Transfer APR | 14.74% - 24.74% |
Balance Transfer Introductory APR | 0% |
Balance Transfer Intro APR Period (months) | 12 |
Balance Transfer Fee % | 4% |
Balance Transfer Fee Minimum | $10 |
Does HSBC Platinum Rewards 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 12 months.
Description | |
---|---|
Introductory Rate | 0% |
Purchase Intro APR Period (months) | 12 |
What are the fees for HSBC Platinum Rewards Credit Card?
The following fees apply to HSBC Platinum Rewards Credit Card:
Fees | Amount |
---|---|
Annual Fee | $0 |
Foreign Transaction Fee | 0% |
Returned Payment Fee | up to $25 |
Late Payment Fee | up to $37 |
Does HSBC Platinum Rewards Credit Card have a 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.Does HSBC Platinum Rewards Credit Card report your account activity to credit bureaus?
Yes, HSBC Platinum Rewards 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 may help improve your credit.
How to apply for HSBC Platinum Rewards Credit Card
- Visit the HSBC Platinum Rewards 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 your credit score is preventing you from qualifying for this credit card, check out our guide for the best credit cards for bad credit.
Contact
- Headquarters
-
425 Fifth Avenue
New York, NY 10018 - Visit Site
Other Services by HSBC Bank USA

Availability
- 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
Every Purchase (Points) | 1 X points on all purchases after the introductory period. |
HSBC Platinum Rewards Credit Card Community Reviews
Would you recommend HSBC Platinum Rewards Credit Card to your friends?
HSBC Bank USA Personal Credit Cards
- 1st Financial Federal Credit Union Premier Low Rate Visa Credit Card
- Airport Home Appliance & Mattress
- Amegy Amazing Cash Credit Card
- Ann Taylor Mastercard
- Century Bank of Massachusetts Visa Max Cash Preferred Credit Card
- Christopher & Banks Credit Card
- Kohl's Credit Card
- Marriott Bonvoy Boundless™ credit card
- Pep Boys Credit Card
- Sallie Mae Ignite Credit Card For Students
- Sweetwater Card
- US Bank Secured Visa Card