HSBC
« Back to question board
Hi,
what do you think the usage of this card overseas.
$0 fee for life of the card
$50.00 cash back
get instant discount both locally and overseas.
Home and Away Privilege Program | HSBC Australia Enjoy Instant Rewards at local retailers around Australia and when travelling
Hi Syd,
Thanks for the question.
I assume you mean the HSBC Credit Card, which offers 15.99% on purchases, $0 annual fee and 55 days interest free.
You can take a look at a comparison of foreign transaction fees we conducted back in June at http://www.iwantacreditcard.com.au/article/international-fees-comparison/
You'll see HSBC charge 2.0% on all overseas transactions, which is quite reasonable (most of the major Australian banks charge around 3.0%). HSBC may be able to offer these lower rates because they're a global bank. This brings other advantages too -- better international ATM support, more branches and less time to deliver an emergency replacement card if required.
The card doesn't offer any travel or transit insurance, but for a $0 annual fee, that's not unexpected.
I think it's a good, low-end travel credit card.
Cameron.
Thanks for the question.
I assume you mean the HSBC Credit Card, which offers 15.99% on purchases, $0 annual fee and 55 days interest free.
You can take a look at a comparison of foreign transaction fees we conducted back in June at http://www.iwantacreditcard.com.au/article/international-fees-comparison/
You'll see HSBC charge 2.0% on all overseas transactions, which is quite reasonable (most of the major Australian banks charge around 3.0%). HSBC may be able to offer these lower rates because they're a global bank. This brings other advantages too -- better international ATM support, more branches and less time to deliver an emergency replacement card if required.
The card doesn't offer any travel or transit insurance, but for a $0 annual fee, that's not unexpected.
I think it's a good, low-end travel credit card.
Cameron.
Your response:
Posting rules
Please observe the following rules when posting a response:
- This question board is intended for discussing credit cards, financial institutions, banking and broader financial topics. Please keep posts within the scope of these categories.
- It is forbidden to post any pornographic or offensive text.
- Defamatory, abusive or offensive text (e.g. flaming) will not be tolerated.
- Please respect the copyright of other sites, media etc. Do no reproduce protected material without permission.
- The board moderators reserve the right to remove or edit any post at any time. The determination of which posts may be edited or removed is entirely at the discretion of the moderators.
