HSBC Low Rate Credit Card

The HSBC Low Rate Credit Card offers 0% for 20 months on balance transfers. Ongoing benefits include a low ongoing interest rate, and no international transaction fees.

Updated 18 May 2022

Expert Review

As the name suggests, the HSBC Low Rate credit card is HSBC's low interest rate product. This is also the only credit card HSBC offers in the low interest rate category. Featuring a competitive Purchase interest rate of 12.99%, which is HSBC's lowest, and including up to 55 interest free days, this product is great for minimising interest and managing cash-flow, if you want flexibility with your monthly repayment. Of the 200+ credit cards reviewed by Stay or Go, this card ranks among the best 25% lowest purchase rates. Further, the product has a $99 annual fee. And for anyone who is planning on travelling or making purchases online from international companies, this product charges no foreign transaction fees, which can create significant savings.

Considering its key features, this card is most suitable to someone who wants the peace of mind that if they do need to pay interest from time to time, the rate will be competitive. Other benefits include no foreign transaction fees, which are commonly around 3%, this product is great for anyone who makes overseas purchases online, or anyone planning on travelling overseas and no additional cardholder fees.

Product Details
It's the low rate credit card that comes with a surprising amount of extra benefits."

No rewards program

Account Fees

$99 annual account fee

Transaction Fees

No international transaction fee

Other fees may apply.


12.99% p.a. purchase rate

25.99% p.a. cash advance rate

Up to 55 interest fee days on purchases


Domestic Travel insurance

Balance Transfer Offer

0% for 20 monthson balance transfers (2.00% fee applies), reverts to 25.99% p.a.

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Before applying for this product, you should read the Target Market Determination (TMD) available here on the HSBC website.

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