Low Rate Credit Card
An HSBC Low Rate Credit Card with 12.99% p.a. interest on purchases, no overseas transaction fees and 0% p.a. interest on Balance Transfers for 12 months with 2% Balance Transfer fee.
- Purchase rate
- 12.99%
- Annual fee
- $99.00
Interest Rates
| Type | Rate | Comparison | Applies To |
|---|---|---|---|
| Purchase | 12.99% | — | — |
| Cash advance | 25.99% | — | — |
Fees
| Fee | Type | Amount |
|---|---|---|
| Annual Fee Charged yearly | Ongoing | $99.00 |
| Overlimit Arrangement Fee Payable when your informal request for a credit limit increase is agreed. | Event | $30.00 |
| Late Payment Reminder Fee Payable on or after the day an amount is due for payment and has not been paid. | Late payment | $30.00 |
| Return Fee Payable per returned payment. | Event | $5.00 |
| Cash Advance Usage Charge The higher of $4 or 3.0% of the total transaction amount (including any fees and charges imposed by us or a third party to effect the transaction). The cash advance usage charge forms part of the cash advance balance. | Cash advance | 3% of transaction |
| Balance Transfer Handling Fee This will be calculated as a percentage of the balance being transferred to your HSBC credit card account. This fee will be applied at the time the balance is transferred and forms part of your outstanding balance. | Transaction | 2% of transaction |
Features
- Card access — You will receive credit card access with this product.
- Additional cards
- This product is eligible for a fee-free additional card.
- Insurance included — Complimentary Domestic Travel insurance.
- Interest-free transfers — 12 months
- 0% p.a. interest on Balance Transfers for 12 months with 2% Balance Transfer fee.
- Interest-free period — 55 days
- Up to 55 interest-free days on purchases,
- Digital wallet — Apple Pay
- Apple Pay can be used wherever you can make contactless purchases, online, and at participating retailers in store.
Eligibility
- Minimum age — 18 yearsMinimum age required to apply for this credit card.
- Minimum income — $40,000.00 p.a.Minimum income required to apply for this credit card.
- Employment status — YesMust be employed to apply for this credit card.
- Residency status — Australian ResidencyMust be an Australian Resident to apply for this credit card.
Constraints
- Minimum limit — $1,000.00The minimum credit limit on this credit card.
- Maximum limit — $500,000.00The maximum credit limit on this credit card.
More Information
Published by HSBC under the Consumer Data Right · Last updated 12 January 2026 · Product ID VCCCNF · View on CDR.gov.au