HSBC Premier Credit Card
From HSBC
Summary
HSBC Premier Credit Card is provided by HSBC.
The representative APR is 11.9%APR variable.
New customers will receive an introductory purchase rate of 0 for 9 months.
This makes HSBC Premier Credit Card a good option if you're going to be using the card to make either a one off big purchase, or want to use the card regularly in the shops, but don't need to transfer an existing credit card balance.
The representative APR is 11.9%APR variable.
New customers will receive an introductory purchase rate of 0 for 9 months.
This makes HSBC Premier Credit Card a good option if you're going to be using the card to make either a one off big purchase, or want to use the card regularly in the shops, but don't need to transfer an existing credit card balance.
How long will it take to repay with the HSBC Premier Credit Card
Balance transfer
Purchases
Fixed payment
By switching to the HSBC Premier Credit Card, you could pay off £1000 in by budgeting £50 each month. This would effectively cost you £50.
Minimum payment
By comparison, if you only make the minimum payment each month, it would take 12 years and 9 months to repay, costing you a total of £1,535 on top of the original balance!
If this seems high, that's because your minimum payment is calculated as a percentage of your balance. This means each payment will be slightly lower than the month before which will have less effect on clearing your balance. So be smart and pay as much as you can afford!
Customer reviews (1)
"nice card if you can get it"
low standard apr, which is always a very good start. customer service isnt the best, but i just pay the minimum by direct debit every month, so i dont really have to talk to anyone!!
overall i think is a pretty good card and compoliments a HSBC current account well.
Rates & Charges
Introductory rates
Balance transfers
Not available
Balance transfer fee
Not available
Purchases
0% for 9 months 13 cards better than this
Ongoing rates
Typical APR
11.9% 2 cards better than this
Balance transfer rate
Balance transfer fee
2.9%
Balance transfer limit
Unknown
Cash advance rate
11.9%
Fees and Charges
Annual fee
£0
Cash advances
2.99% or £3 minimum 33 cards better than this
Foreign currency transactions
Late payment fee
£12
Over limit fee
£12
Returned payment fee
£5
Insurance and Protection
Payment protection
Payment protection
Free warranty cover
Free price protection insurance
Online fraud protection
Online fraud protection
Travel insurance
Travel insurance
Lost luggage cover
Travel delay insurance
Travel insurance upgrade
Requirements to qualify
Minimum credit history
Good
Minimum age
18
Minimum income
£0.00
Must be employed
Yes
Repayment
Interest charged from
Debit
Interest-free period
56 days
Interest-free period on cash advances
None
Time to make payment after statement date
56 days
Minimum payment
2.5% of balance or £5
Payment by direct debit
Available
Rewards
Rewards Point Descriptions
Rewards Points Programme For every £10 spent with the Premier Credit Card (excluding cash advances, cheques, refunds, interest or any other charges) the cardholder will receive 1 premier point. Points can be redeemed in the following ways: Retail Vouchers Fine wines and champagne Donate points to charity Free Travel Points can be redeemed for free travel (20 points equals £1), if customers use their Premier Credit Card to book any flight or packaged holiday. A minimum of 1000 points must be redeemed within 60 days of booking.
Better deals on balance transfers
Better deals on purchases
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