You can also Earn RewardCash every time you use your Gold card. “Been with HSBC for years, great bank, but their gold...” Written on: 06/01/2009 by robradcliffe (1 review written) Been with HSBC for years, great bank, but their gold credit card thing is an anomaly as every other card I have with different banks (5 in all) lets you view historical data for 6 months - but not the HSBC … There are two versions of the card. HSBC Gold; Benefits. The Blue Cash Everyday® Card from American Express (Review) offers some cash back bonus categories for common purchases. Review: HSBC Gold Credit Card The HSBC Gold Credit Card won’t enrich you with rewards treasure, but it will hide your balance from interest’s grasp for the first 18 months your account is open. Then a variable APR of 12.99% – 20.99% will apply. If you already have a travel rewards card or a credit card that earns extra points on certain purchases, a flat-rate cash-back card like the HSBC Cash Rewards Mastercard is a perfect complement. No rewards: The HSBC Gold Mastercard® credit card lacks any kind of rewards program, so your spending won't bring you any closer to cash back or discounted travel. After that, the APR remains competitive depending on the cardholder’s credit. Your first late fee will be waived each year, if necessary. This card also comes with some basic shopping and travel protections. Citi Flex Plan offers are made available at Citi’s discretion. HSBC Gold Mastercard® credit card Essentials. Your first late fee will be waived each year. It offers: You can use the Blue Cash Preferred along with the HSBC card, like in the example given above. Just be sure to pay at least the minimum payment. It also has a set of rotating bonus reward categories: The 5% cash back calendar for the Discover it Cash Back for 2021 is: If you spend a lot in these reward categories, you could stand to earn quite a bit of cash back with this card. The HSBC Gold Mastercard® credit card offers several benefits that give similar credit cards a run for their money. Credit Card Insider is an independent, advertising supported website. Leave your own review of the Gold Mastercard, we’d love to hear from you! 0% Intro APR on balance transfers for 18 months made within the first 60 days of account opening (then a standard APR based on your creditworthiness – currently 13.99%-23.99%). If you’re looking for some time to pay off a large balance, this card provides over a year to do just that. All Amex cards offer this service. EDITORIAL DISCLOSURE: The editorial content on this site is not provided by the companies whose products are featured. If paying down credit card debt is your focus, the eye-catching feature of HSBC Gold Mastercard® Credit Card is the low regular APR, currently several percent lower than a number of competitor cards. It may not be the most exciting card, but it’s one of our top picks for the Best 0% Intro APR Credit Cards. Plan It® gives the option to select purchases of $100 or more to split up into monthly payments with a fixed fee. Based in Seattle and a graduate of The Wharton School, University of Pennsylvania, Stefan is fluent in Mandarin Chinese and worked in China for a decade. Key facts: No annual fee, card only available to HSBC Premier current account holders. Balance transfers have an introductory $0 balance transfer fee for the first 60 days, then Either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check. This compensation comes from two main sources. That’s $750 toward travel when you redeem through Chase Ultimate Rewards®. Travel purchased through Chase Ultimate Rewards, $200 bonus for spending $500 in the first 3 months. HSBC’s online banking includes credit card functions. This is everything you need to know to make a good choice. The HSBC Gold Mastercard® Credit Card is a pretty simple card, with one main attraction: it offers a 0% intro APR period for 18 months before the regular 12.99–20.99% Variable APR applies. 0% Intro APR on purchases for 18 months from date of account opening. But no matter which credit card issuer provides the score, it will usually be updated once per month anyway. Among balance transfer cards, the APR for the HSBC Gold Mastercard is among the lowest available, several percentage points lower than a number of more well-known competitors. 06/06/2019 Many or all of the companies featured provide compensation to LendEDU. There are a few other minor benefits that most cards have. Don’t underestimate the power of 18 months no interest on purchases and balance transfers. So you can use this rewards card to earn cash back for these kinds of purchases, and pay them off over the intro period. There is a balance transfer fee of either $5 or 3% of the amount of each transfer, whichever is greater. This service is not available outside the U.S. So you’ll need to have a decent credit history and financial situation to improve your odds of being approved. But Discover’s Cashback Match makes it even better. There aren’t a whole lot of fancy benefits with this card. Credit Card Insider has not reviewed all available credit card offers in the marketplace. This is a favorable term for cardholders, but hopefully you don’t need to use it. That said, our business relationships do not affect our evaluations. The HSBC card provides one late fee waiver per year, which is also pretty favorable. The Amex EveryDay® Credit Card ($0 annual fee) typically offers a welcome bonus for meeting a minimum spending requirement in the first several months of card membership. Advertiser relationships do not affect card evaluations. There’s no reason why you couldn’t use both the Blue Cash Everyday and the HSBC card. DISCLAIMER: All information posted to this site was accurate at the time of its initial publication. When you click on any ‘Apply Now’ button, the most up-to-date terms and conditions, rates, and fee information will be presented by the issuer. The star feature of this card its 0% APR for purchases and balance transfers, which lasts for 18 months. Stefan used points to fulfill his travel dream, visiting every country in the world before turning 40. About the HSBC Premier credit card. Your experience may help others Ok, if I apply I'll share my experience No thanks, just go to the application. To help support our reporting work, and to continue our ability to provide this content for free to our readers, we receive compensation from the companies that advertise on the Forbes Advisor site. How do you like it, and what do you use it for? Plus, each month with 20 or more transactions earns a 20% point bonus. You’ll be taken to HSBC’s site to apply, where you can provide your personal information. Without a rewards program, the HSBC Gold Mastercard® Credit Card is primarily attractive for consumers that will make use of the balance transfer feature. The HSBC Gold Mastercard® Credit Card is a pretty simple card, with one main attraction: it offers a 0% intro APR period for 18 months before the regular 12.99–20.99% Variable APR applies. HSBC Gold Mastercard Credit Card is a credit card issued by HSBC Bank USA. 0% Introductory APR on Purchases and Balance Transfers for the first 18 months from Account opening. But there are some other similar card offers that you may be interested in too: The Chase Freedom Unlimited® (Review) is another reward credit card with no annual fee. Other than that, there isn’t much else to this card. 2% Cash Back at U.S. gas stations and at select U.S. department stores. It doesn’t have an annual fee, either. HSBC Visa Gold Card gives you access to exclusive privileges around the world. Just pay off your balance in full every month to prevent interest charges from accruing. Don’t take it on face value just yet—this card definitely deserves a closer look. Balance transfer fee still exists: A Balance Transfer Fee of either $10 or 4%, whichever is greater, will apply on each balance transfer and credit card check. 0% Intro APR on balance transfers for 18 months. This cash back card has a $95 annual fee, and currently comes with a 0% intro APR on purchases for 12 months (then 13.99% - 23.99% Variable) (Rates & Fees). Provides $1,000,000 in coverage when traveling by common carrier, against accidental loss of life, limb, speech, sight, or hearing. Credit Score ranges are based on FICO® credit scoring. Provides coverage against damage and theft for rented vehicles when you pay with the Gold Mastercard. Advertiser relationships do not affect card ratings or our Editor’s Best Card Picks. Do you have a correction, tip, or suggestion for a new post? You can also check your FICO Score 8 online any time you’d like. HSBC GOLD MASTERCARD IN-DEPTH REVIEW 2021. 0% Intro APR on balance transfers for 18 months from date of first transfer. The HSBC Premier Mastercard is issued by HSBC. Where Is My Stimulus Check? This doesn’t apply during the 0% intro period, of course. Opinions are of the writer alone. Credit Card Insider and CardRatings may receive a commission from card issuers. You’ll need to decline the rental company’s own insurance or damage waiver in order for this to apply. Advertising partners do not edit or endorse our editorial content. Looking at its key features, you’ll see how the HSBC Gold Visa stack up with other credit cards out there. Reasonable efforts are made to maintain accurate information, though all credit card information is presented without warranty. Most of those cards only earn 1% on purchases that don’t fall into the bonus categories. Great, you can create an account later. All ratings are determined solely by our editorial team. You may save some money compared to calling the service directly because some fees are pre-negotiated. You could save a lot of money on interest an extra few months before higher regular rates take effect. Make regular payments to pay it off on time. No thanks, just go to the application. Many other cards will let you check your score online for free whenever you’d like. Content is accurate to the best of our knowledge when it's published. After that, the variable APR will be 14.74% – 24.74%, based on your creditworthiness. So you can use this card outside the country without worrying about an extra fee, like many other credit cards will charge. There’s an upgraded version of the Blue Cash card, the Blue Cash Preferred® Card from American Express (Review). For example, 60,000 points are worth $750 toward travel. That bonus paired with a $0 balance transfer fee offer can jumpstart earning valuable rewards, which the HSBC Gold Mastercard® Credit Card lacks. The HSBC Gold Mastercard® credit card comes with a lot of benefits. 9.3 ☆ ☆ ☆ ☆ ☆ VISIT SITE . The HSBC Gold Mastercard® Credit Card is the spitting image of a no-frills credit card. Having more credit cards with open credit lines is, No Late Fees, No Penalty Rate, and No Annual Fee… Ever. Sign In Sign Up HSBC Gold Mastercard® credit card. But it also has no penalty APR and no late fees, ever. It has no rewards, and the benefits are very basic. There are no rewards to earn with this card. But it doesn’t have many extra features. This lets you save money on purchases outside the bonus categories. See our alternatives below for some other cards with intro APRs and different features. You’ll have to look elsewhere if you want to earn points or make use of truly valuable perks. 3% Cash Back at U.S. supermarkets (on up to $6,000 per year in purchases, then 1%). Any opinions, analyses, reviews, or evaluations provided here are those of the author’s alone, and have not been reviewed, approved, or otherwise endorsed by the Advertiser. Card Data last updated on April 3, 2020. Instead, its most attractive features are the intro APR and low fees. If you're wondering whether HSBC Gold Mastercard Credit Card is the right card for you, read on. Instead, the main focus of the card is to give you the ability to pay off debt without accruing high finance charges. It’s based on your Experian credit report, the same as the HSBC card. To get the best possible experience please use the latest version of Chrome, Firefox, Safari, or Microsoft Edge to view this website. Founder of Every Passport Stamp, the leading Facebook group for travelers who want to go everywhere, Stefan is a member of the Circumnavigators Club and on the Board of Directors of the Travelers’ Century Club. There's no annual fee, no foreign … It’s also a Mastercard, so it has widespread acceptance. Particularly, the low regular APR is among the lowest found in balance transfer cards. Credit Card Insider receives compensation from some credit card issuers as advertisers. Earn 20% back on purchases at Amazon.com on the Card in the first 6 months, up to $200 back. Efforts have been made to keep the content up to date and accurate. But you will get the same basic set of shopping and travel protections that many credit cards offer. The HSBC Gold Mastercard is a strong card if you’re looking to transfer a balance or have any large purchases coming up. Plus, earn $100 back after you spend $1,000 in purchases on your new Card within the first 6 months. Also, one late fee waiver per year. However, your score will only be reported on your monthly statement, either digital or mailed. This applies to eligible items you buy with your HSBC card that have a manufacturer’s warranty of 12 months or less. All transfers must be completed in first 4 months. $0 liability guarantee on fraudulent transactions, Access to online and mobile banking through the HSBC app, Account alerts for when payments are due and processed. And complimentary ShopRunner membership, which provides free two-day shipping and returns at some online retailers. Plus, for those who develop an interest in travel rewards, the Citi® Double Cash Card now allows point transfers to the premium Citi Prestige® Card* for cardholders of one of these and a Citi® Double Cash Card. HSBC Gold Mastercard® Credit Card is a balance transfer card that has additional benefits for occasional travelers. Credit Card Insider and CardRatings may receive a commission from card issuers. 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