HomeCredit CardsHSBCPlatinum

HSBC Platinum Credit Card

The HSBC Platinum Credit Card offers 0% p.a. for 12 months on balance transfers. Ongoing benefits include Rewards Plus Points earned on eligible purchases, and complimentary travel insurance.


Updated 23 June 2025


Fact checked and verified. Updated 23 June 2025
Already have a credit card?

See if there's a better deal in 60 Seconds

Get Started
Expert Review

The HSBC Platinum credit card is HSBC's mid-tier Rewards Plus product. Featuring a relatively high points earn rate which is HSBC's highest, the card provides premium features such as insurances. Of the 200+ credit cards reviewed by Stay or Go, this card ranks among the best 10% for earning $100 back in value, such as on a gift card, for an average spend of $5,000 per month. Further, the product has a $199 annual fee, including up to 55 interest free days.

Considering its key features, this card is most suitable to someone who wishes to be rewarded for their spend. Other benefits include Overseas Travel and Medical Insurance which is similar to equivalent products and no additional cardholder fees.

Balance Transfer and $0 Annual Fee in first year.
For a limited time the HSBC Platinum credit card has a special 0% p.a. Balance Transfer offer for 12 months. Of note, there is also a 2% p.a. Balance Transfer fee which should be considered when evaluating the overall benefit of this offer. In addition, the product also has a $0 annual fee in first year, which is a saving of $199. To get this offer, there will be certain eligibility criteria that you should be aware of before you apply.

Product Details
Earn HSBC Rewards Plus Points on your eligible spend."
- HSBC
Rewards

•

Earn Rewards Plus Points

•

1.5points per $1 spent

•

180,000 annual points cap

Fees
Account Fees

•

$199 annual account fee

Transaction Fees

•

3.00% international transaction fee

Other fees may apply.

Rates

•

19.99% p.a. variable purchase rate

•

21.99% p.a. variable cash advance rate

•

Up to 55 interest free days on purchases

Features
Insurance

•

Domestic and International Travel Insurances

•

Rental Vehicle Insurance Excess Cover

•

Transit Accident Insurance

•

Extended Warranty Insurance

•

Guaranteed Pricing Scheme

•

Purchase Protection Insurance

Offers
Balance Transfer Offer

0% for 12 monthson balance transfers (2.00% BT fee applies), reverts to 21.99% p.a.

$0annual fee in first year

Already have this credit card?

See if there's a better deal in 60 Seconds

Get Started
TMD

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

Alternative Credit Cards
More information
^ Credit card reward programs can be difficult to compare due to tiered and capped points earn rate structures. To simplify comparison, we estimate the number of points you could earn per $1 spent, assuming $5,000 of spend on eligible purchases each month.
Terms of Use | Privacy Policy
Copyright © 2025 Stay or Go Pty Ltd
Stay or Go Pty Ltd (“Stay or Go”) provides information about and compares credit products in the Australian market and is authorised to do so as the holder of Australian Credit Licence 527092. We do not compare every credit product in the Australian market. We are not a credit provider and we do not provide credit assistance. When we provide information via this website, we are not providing you with a recommendation or suggestion about a particular credit product. When you apply for a credit product via our website, you are not applying with us, you are applying directly with the credit provider and will be redirected to their website. We endeavour to ensure that the information on this website is current and accurate however, before entering into any credit product with a credit provider displayed on our website, you should confirm the fees, rates, product information, and eligibility criteria with the credit provider and read the Target Market Determination (TMD) available via their website. All information on this website is general advice only and does not take into account your objectives, financial situation or needs. You should consider whether this advice is right for you and we encourage you to seek independent financial advice. The use of any trade name or trademark on this website is for identification, comparison and reference purposes only and does not imply any association with the trademark holder or their brand. Please refer to our Terms of Use for more details.