HSBC Platinum Credit Card

Credit & Charge CardsData Sharing Status

Earn HSBC Rewards Plus points on your everyday spend to redeem for cashback, e-gift cards and more.

Interest Rates

Type	Rate	Comparison	Applies To
Purchase	19.99%	—	—
Cash advance	21.99%	—	—

Fee	Type	Amount
Annual Fee Charged yearly −$199.00 — The annual fee is $199 and subject to change. However, it will be waived in the first year (i.e., the annual fee is $0 in the first year).	Ongoing	$199.00
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
Overseas Transaction Fee Payable when you make a transaction on your account in a currency other than Australian dollars, or you make a transaction on your account in any currency (including Australian dollars) that is processed/billed by either the merchant or its financial institution/payment processor outside of Australia.	Transaction	3% of transaction
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.

Card access — You will receive credit card access with this product.
Additional cards: This product is eligible for a fee-free additional card.
Loyalty program — HSBC Rewards Plus: Earn 1.5 Rewards Plus points for every $1 spent on eligible purchases, up to $120,000 annually.
Insurance included — Enjoy Domestic and International Travel Insurances with Rental Vehicle Excess Insurance in Australia, Transit Accident Insurance, Extended Warranty Insurance, and Purchase Protection Insurance. Cover for claims relating to Covid-19 may be available under selected International travel insurance benefits.
Interest-free transfers — 12 months: 0% p.a. interest on balance transfers for 12 months (when requested at card application) with a 2% balance transfer fee.
Interest-free period — 55 days: Up to 55 interest-free days on purchases.

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.

Published by HSBC under the Consumer Data Right · Last updated 12 January 2026 · Product ID VCPPIF · View on CDR.gov.au