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Summary box

Summary box

The information contained in this table summarises key product features and is not intended to replace any Agreement Terms.

APR / Representative 22.9% variable
Interest rates
  Introductory rate (per annum)
Monthly rate* 
Annual rate*
0% for 18 months
1.736% to 1.941%
22.9% to 25.9%
  Cash Advances
  Balance Transfers and Money Transfers
0% for 18 months from the date of transfer **
1.736% to 1.941%
22.9% to 25.9%

*The rate that you actually receive will depend on our assessment of your circumstances.
**Available on Balance Transfers made within 60 days of account opening from non-HSBC Group issuers. This offer can be withdrawn at any time.

Interest free period

Up to 56 days for purchases when you pay your balance in full every month by the due date.

Interest charging information

You will not pay interest on purchases if you pay your balance in full and on time each month. Otherwise, the period over which interest is charged will be as follows.

Purchases, balance transfers and money transfers
Date debited to your account
Paid in full

Allocation of payments

Your payment is allocated in the following order:

  • Cash Advances
  • Purchases
  • Standard rate Balance Transfers
  • Promotional rate Purchases and Balance Transfers

For further details, please refer to your Credit Card Terms and Conditions.

Minimum monthly repayment

Interest, default charges and any payment protection insurance premium plus 1% of the principal, or 2.5% of the balance or £5 whichever is highest, or your statement balance if less than £5.

Credit limit

Minimum credit limit
Maximum credit limit
Subject to status


No annual fees


Cash Fee (includes cash withdrawals and purchases of foreign currency, but does not apply to gambling transactions)
2.99% handing fee, minimum £3
Balance Transfers and/or Money Transfers
2.90% (minimum £5) of each balance transferred within 60 days of account opening. The charge for balances transferred after 60 days from account opening and/or money transfers will be set out in any offer made to you

Foreign Usage

Dependent upon the type of transaction you undertake, one or more of the following will apply
Payment Scheme Exchange Rate.
To find out more, visit the Visa Rates website
Non-Sterling Transaction fee
2.99% of the Sterling amount of the transaction
Cash Fee
2.99% of the amount advanced, minimum £3.00

Default charges

Late payment
Over credit limit
Return unpaid

This Summary Box does not apply to HSBC Premier Credit Card or the Student Credit Card.

The information contained in this table summarises key product features and is not intended to replace any Agreement Terms

For a purchase of £1,000 on your HSBC Bank Credit Card
Illustrative Example
(includes introductory rates)
Monthly Payment
Minimum payment each month
£50 payment each month
£100 payment each month
Taking into account introductory rates, how much interest will you be charged in the first year?
How much interest will you be charged in the second year?
How long would it take to clear the balance?
16 years, 11 months
1 years, 8 months
9 months

The above example assumes the following: the transaction takes place on 1st January and you make no further transactions; you always make the payment on the 15th; your statement is produced 31 days after you make the purchase; interest is calculated based on the representative 22.9% APR variable rate, and introductory rates are included.

We recommend that you pay more than the minimum payment whenever possible. If you make only the minimum payment each month, it will take you longer and cost you more to clear your balance, as shown in the example above.

Recurring transaction

A recurring transaction, sometimes called a continuous payment authority, is a series of payments collected with your agreement from your card by a retailer or supplier (for example, breakdown cover). This is an agreement between you and the retailer. The Direct Debit Guarantee does not cover these transactions.

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