Rewards are big in the world of credit cards these days and so you better believe an HSBC Bank USA Credit Card is in on the action. People are no longer satisfied with just having a credit card, they want that credit card to provide more than credit. People want that credit card to give back and now many of them do.
HSBC Bank USA has a line of reward cards that offer things like cash back and major bonus point reward programs you can use to get yourself some goodies. Some of them will give you point-for-point on every dollar you spend. And if you're someone who often puts their purchases on a card, those points can build up quickly.
In fact if you manage your credit card right and pay on time, you won't be charged interest and so things you get using your points are totally free. The editors here really like the benefits of the HSBC Platinum Mastercard with Rewards Credit Card so we're going to tell you a bit about that, but remember they've got a bunch of other options that might be better for you.
Benefits of a HSBC USA Credit Card
So let's get into why you might want a HSBC USA Credit Card or more specifically the HSBC Platinum Mastercard with Rewards Credit Card.
As part of their introductory offer, you can earn 15,000 BONUS points through the HSBC rewards program. You can use these points to redeem $150 after you spend $500 or more in the first 3 months of opening your account. After this introductory offer, you’ll be happy to know that you'll earn 1 reward program point for every $1 you spend.
So what happens after you collect all of these points? You can reward yourself! Redeem them for over 3,000 brand name merchandise items! This includes electronics, luggage, kitchenware, sports gear, travel, dining, and more! Even better, you can use the unlimited cash back option for any purpose, especially as it never expires.
Finally, there are no annual fees which is super helpful in saving those extra bucks for the things you really want to spend them on.
Applying for an HSBC USA Credit Card
If you've decided you need a little HSBC Bank USA Credit Card in your life, you can easily apply from home. You just need an internet connection and you can fill out the online credit card application form found on the HSBC website. Thanks to the beauty of technology, you don't have to wait forever to find out if you're eligible. After you fill out your application, you find out in a few minutes if you're accepted.
In your application, you need to provide your Social Security Number, proof of ID, proof of address, and proof of income. Other documents which you will need to provide include your driver license, taxpayer identification, and other identifying documents. You must also be of legal age to get the card.
If your application is approved, your credit limit will be determined by HSBC based on your creditworthiness. This may range anywhere from $1,000 to $10,000 at the bank’s discretion.
What you Need to Know about HSBC Bank USA Credit Card Fees
Let's get to know more about the fees and charges you need to stay on top of. In order to do that we need to eagly-eye in on the fees associated with HSBC Platinum Mastercard with Rewards Credit Card.
For one, you might like the fact that this card has NO annual fees for life. This also goes for additional cards for authorized users under your care.
There are also ZERO foreign transactions fees. Other charges you should bear in mind include the APR ranging from 14.99% to 24.99% (after the 0% introductory APR for the first 12 months).
The cash advance fee of 4% or $10 (whichever is higher). And the late payment charge of up to $37 if you do not settle your bill on time.
Annual Fee: 0
Interest: 0% introductory APR for the first 12 months, then 14.99% to 24.99%
Cash Advance: 4% or a minimum of $10
Late Fee: $37
How to Contact HSBC Bank USA
Head office
HSBC Bank USA
1800 Tysons Blvd
Tysons, Virginia 22102
Telephone: 1-800-975-4722
Note: There are risks involved when applying for and using a credit card. Consult the bank’s terms and conditions page for more information.
