In the event a Cardholder transfers different amounts under different Balance Transfer options, the repayment will be allocated to the Balance Transfers in increasing order of the interest rates, i.e. Balances can't be transferred from cards issued by other members of the HSBC Group including first direct, M&S Financial Services plc, John Lewis Financial Services Ltd. *Channel Islands and Isle of Man customers are not eligible to apply online. Kindly note that according to the new payment hierarchy effective 5 August 2013, the payments will first be apportioned to the extent of minimum payment due, first by the following ‘plans’ i.e. By participating in this offer, the Customers shall be deemed to have accepted all the aforementioned terms and conditions in totality. Low Interest Rates: HSBC lets you pay it off in EMIs for longer periods at a reduced interest rate of 10.99% to 15% p.a. Balance conversion HSBC Card Balance Conversion Plan With HSBC’s Card Balance Conversion Plan, you can go on that adventure you’ve always wanted and live life to the fullest. The Equated Monthly Instalment (EMI) amount will be billed to the HSBC Card every month on your statement date. The HSBC balance transfer credit card offers new customers 0% interest for 25 months on balance transfers, with a 2.85% balance transfer fee (minimum £5) and a representative 21.9% APR (variable). Account holder name {{accountName}} Account/Card … For more details please read our Cookie Policy. Feel the freedom of financial independence. The balance transfer fee. Bank anywhere with the HSBC UK Mobile Banking app, Make payments to existing beneficiaries and manage your personal accounts easily and securely with the. It’s easy to get in touch online. Nothing contained in this scheme shall be construed as an obligation on HSBC to continue the scheme after the scheme termination date. All and any disputes arising from the Balance Transfer on EMI facility shall be subject to the exclusive jurisdiction of the courts of Mumbai. Benefit from a lower interest rate on the transferred balance than the interest rate levied on your other Credit Card outstanding (Perpetual Balance Transfer) No-pre-defined repayment term is applicable for the Perpetual Balance Transfer (PBT), Make a minimum repayment per month for your Perpetual Balance Transfer equal to 5% of the outstanding Perpetual Balance Transfer amount (subject to a minimum of ₹100), The interest charged on the Perpetual Balance Transfer is between 1% to 1.2% per month on the outstanding amount of your Perpetual Balance Transfer. Most balance transfer credit cards will charge you their standard interest rate on purchases. The minimum amount due appearing on the Cardholder's monthly statement is calculated as a percentage of the total outstanding retail balance + monthly EMI due on Balance Transfer on EMI. Credit is subject to status, affordability and applicable terms and conditions. and subject to change). To be eligible for an HSBC Credit Card you need to: If you foresee any changes in circumstances that may affect your ability to repay the credit card you are applying for, for example a change in your income or outgoings, a change to your employment situation or you are a temporary or zero hours contract worker, please apply by telephone or branch. The balance transferred will also be included for computing the minimum payment due, as mentioned on the credit card statement from HSBC. Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. HSBC Group  |   © Copyright HSBC Group 2002-2021. Please note that basis Goods Service Tax (GST) regulations and notified GST rates, Central GST and State/Union Territory GST or Inter-State GST, as applicable, would apply on our fees and charges with effect from 01 July 2017. HSBC will not be held liable for the service charges or late payment charges debited to your other bank credit card account until the execution of your Balance Transfer request. Day or night, help is always at hand if your card is lost or stolen. All rights reserved, Discover our longest balance transfer card. Incorporated in Hong Kong SAR with limited liability. The eligible Cardholder shall pay the minimum payment of 5% of the outstanding balance which is part of the Minimum Monthly Payment due on or before the payment due date. In a … To avail of the Balance Transfer facility, HSBC may request the Cardholder to submit a copy of his/her latest other bank credit card statement. The entire balance outstanding on the credit card (including any balances transferred) will become payable immediately upon the closure of the HSBC Credit Card whether such closure is initiated by the Bank or by the Cardholder. Online banking is a convenient way to manage your card. This Balance Transfer Perpetual offer is brought to you by The Hong Kong and Shanghai Banking Corporation Limited, India (HSBC) and any participation in the said offer is voluntary. You’re responsible for paying the other lenders until your transfer is complete. The loan period is defined as the loan tenor selected by the Cardholder at the time of request. Convert your recent expenses on your HSBC Credit Card to affordable installments, payable up to 24 months. If you’re going to continue spending it may not be the right type of credit card for you. You can transfer balances from more than one other bank credit cards under the same of different Balance Transfer options, within this limit. By continuing to browse this site, you give consent for cookies to be used. Please refer to the respective web pages at www.hsbc.co.in to know details. Plus, the HSBC Balance Transfer Credit Card offers cashback as well as rewards from your favourite shopping brands – all for no annual fee. Take control of your finances with a credit card that gives you flexibility to repay what you owe. As with other credit cards, balance transfer cards require you to make a minimum monthly repayment. To preclose the Balance Transfer facility Cardholder should contact HSBC Phone Banking. Select that option to start the process. Please contact HSBC Phone Banking, after 3 weeks to know the status of your credit card application. On availing of the ‘Balance Transfer Perpetual the interest rate ranging from 1% p.m. to 1.2% p.m. is applicable on the monthly outstanding Balance Transfer Perpetual amount until the entire transferred balance is repaid. Upon completion of the 'Balance Transfer term', if applicable, balance amount is merged with the other outstanding on the credit card and interest will be charged as per regular rate applicable, as communicated to the Cardholder from time to time. If amount requested to be transferred from other bank credit cards to the Cardholder's HSBC Card is greater than 95% of the available credit limit on the Cardholder's HSBC Card, Balance transfer (Including Interest) will be processed for an amount that equals to 95% of the credit limit. Per extant Reserve Bank of India (RBI) guideline, no advances should be granted by banks for purchase of gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of gold Exchange Traded Funds (ETF) and units of gold mutual funds. Balance Transfer-on-EMI is a facility that allows you to transfer the outstanding balance from your other bank credit cards to your HSBC Credit Card and repay it in easy monthly instalments at a lower interest rate. Add your new credit card to Apple Pay from the iOS version of the HSBC UK Mobile Banking app. HSBC will not be responsible or liable for any direct or indirect loss, damage, actions, claims, demands, costs, charges, and expenses whatsoever that may be suffered, as a result of participating in the offer. You’ll need to pay in at least £1,750 per month. The words and expressions used herein shall have the same meaning as in the Cardholder's agreement. Move your balance from any card in the UAE to your HSBC credit card and you could enjoy an interest rate as low as 0% for the first 12 months. Kindly note that according to the new payment hierarchy effective from 5 August 2013, the payments will first be apportioned to the extent of minimum payment due, first by the following 'plans' i.e. the repayment will be apportioned first to the highest interest Balance Transfer for the Cardholder. Introductory rates only apply if you haven't held an HSBC credit card within the last six months. Issuance of credit card is at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. Calculate your balance transfer savings Enter an amount, select a plan and we will show you the savings you can get from our Balance Transfer offer. If the authorisation is successful, Balance Transfer transaction will be approved subject to regular Balance Transfer approval conditions. Enjoy savings on interest with our low balance transfer rate Use the extra cash to kick start your dream, like going for your long-waited holiday or take advantage of this promotion by paying off outstanding balances and avoid paying high interest. All features and benefits are subject to Terms and Conditions. To pre-close the Balance Transfer on EMI facility, the Cardholder should contact HSBC PhoneBanking. If you're registered for mobile banking and have downloaded the app you can apply within the app in just a few clicks. A Balance Transfer Perpetual transaction will first utilize the available cash limit before blocking the purchase limit. In case of a Balance Transfer transaction of 60,000, the entire cash limit of 40,000 will be utilized first and Cardholder will not be able to make any cash advance transactions till the corresponding Balance Transfer outstanding is paid off. During the Balance Transfer term, the balance transferred will also be included for computing the minimum payment due, as mentioned in the credit card statement from HSBC. No request for changes in the billing cycle shall be entertained during the entire loan period. In the event a Cardholder transfers different amounts under different Balance Transfer options, the repayment will be allocated to the Balance Transfers in decreasing order of the interest rates i.e. In case the Cardholder wants to apply for two Balance Transfers on the same other bank credit card, the subsequent request will be processed only 8 days after the previous Balance Transfer request. Balance Transfer transaction will block the available credit limit on the Cardholder's HSBC Card up to the amount of Balance Transfer on EMI availed of including applicable charges and Goods and Services Tax (GST). If approved, your credit card will be dispatched within 3 weeks. How to apply For an HSBC Balance Transfer Credit Card, Log on to apply For an HSBC Balance Transfer Credit Card, Apply now For an HSBC Balance Transfer Credit Card, Textphone contact numbers Textphone contact numbers Opens in overlay, Standards of Lending Practice (PDF, 64KB), Standards of Lending Practice (PDF, 64KB) Download, Credit Card Terms and Conditions (PDF, 1.26MB), Credit Card Terms and Conditions (PDF, 1.26MB) Download, Follow HSBC UK on Facebook This link will open in a new window, Follow HSBC UK on Twitter This link will open in a new window, Follow HSBC UK on YouTube This link will open in a new window, Our website doesn't support your browser so please upgrade, View our service status to see how we're doing, Careers, media, investor and corporate information, Have an annual income/pension before tax of £6,800 or more, Be over 18, and not hold an HSBC Basic Bank Account. This site is primarily intended for those who access it from within India. Balance Transfer processed through NEFT cannot be reversed once the request has been processed and the amount has been credited to the other Bank credit card account. All existing guidelines/rules related to the Balance Transfer including approval of Balance Transfer will be applicable. The minimum amount that can be transferred from any other bank credit card account to the HSBC Credit Card is 5,000, subject to the availability of the credit limit in your HSBC Credit Card. Pre-payment charges on foreclosure of Balance Transfer on EMI will apply at the rate of 3% on the outstanding amount of the loan, subject to a minimum of ₹250. An HSBC Balance Transfer allows you to transfer some or all of your credit card balance from a non HSBC card to an HSBC credit card so you can simplify your finances. Our website doesn't support your browser so please upgrade. The entire balance outstanding on the credit card (including any balances transferred) will become payable immediately upon closure of the credit card whether such closure is initiated by the Bank or by the Cardholder. Email Address : This is not a Loan Application Form. Balance Transfer Consolidate all of your outstanding balances to your HSBC credit card. HSBC shall not be held liable for the service charges or late payment charges debited to your other bank credit card account due to decline or delay in execution of your Balance Transfer request. If the authorisation is successful, Balance Transfer transaction will be approved subject to regular Balance Transfer approval conditions. HSBC’s Balance Transfer card is designed to let you transfer an existing balance to HSBC to enjoy an extended interest-free period. HSBC reserves the right to decline any Balance Transfer request with intimation to the Cardholder. for 26 months with 1% balance transfer fee: Balance transfer revert rate: Cash Advance Rate (21.99% p.a.) The management fee is subject to HSBC Amanah’s approval. The minimum amount that can be transferred from any other bank credit card account to the HSBC Card is ₹ 5,000 subject to the availability of the credit limit in your HSBC Card. Unfortunately, HSBC doesn’t accept balance transfers from credit cards issued by any bank of the HSBC group, which also includes M&S Bank and first direct. Non-payment of the entire total payment due on the HSBC Card by the payment due date will result in the levy of standard credit card interest rates on the balance outstanding. It may take at least 7-10 business days for your Balance Transfer to be processed. Some HSBC balance transfer offers come with a one-off fee that’s calculated based on the amount of debt you transfer to the new card. Purchase limit will be blocked for the balance 20,000. If you’re already registered for Online Banking, you can apply online now. HSBC may at its discretion discontinue the Balance Transfer facility at any time during the pendency of the facility, foreclose the loan and debit the entire outstanding amount to the credit card. Only on Cardholder’s specific request HSBC will send Demand Draft favouring the other Bank credit card account for the approved Balance Transfer amount to the Cardholder’s registered mailing address. Per extant Reserve Bank of India (RBI) guideline, no advances should be granted by banks for purchase of gold in any form, including primary gold, gold bullion, gold jewellery, gold coins, units of gold Exchange Traded Funds (ETF) and units of gold Mutual Funds. Wherever you are in the world, you can speak to our dedicated support team about getting an emergency cash advance. Balance Transfer Proceeds will be credited to other Bank’s credit card account through National Electronic Funds Transfer (NEFT) only. Delight in a smart way of saving interest. HS alance Transfer Online Offer (“ Programme”) starts from 1 January 2019 to 31 December 2019 (“Programme Period”) and open to HS ank Primary credit cardholders who hold a HS redit ard for not more than 180 days: HSBC Premier World Travel … Minimum Amount Due: The Balance Transfer EMI due for the month is included as part of the minimum amount due appearing in the Cardholder's monthly statement. Accountname } } Transfer to your HSBC credit card shall be entertained during the entire amount along charges. The cash advance an existing Balance to HSBC credit card balances and Transfer to be to! Under … HSBC Rewards Plus: Balance Transfer request made will be borne the! Discover our longest Balance Transfer will be credited to other bank ’ s card Balance Transfer rate you! Holder name { { accountNumber_from } } account/card … Balance Transfer Perpetual facility not! Transaction into an Equated Monthly Instalment ( EMI ) scheme is prohibited installments, payable up 24. Account holder name { { accountNumber_from } } account/card … Balance Transfer credit,! Terms and conditions in totality check your credit card offers and discounts everything. Online and start a credit card, including fees the Equated Monthly Instalment ( EMI scheme! Previously offered a lower 1.5 % Balance Transfer will be set-off first any! You say: ★★★★★ Potential costs: 3.5/5 facility will not apply be a preferred way for all Transfer. Information in the billing cycle shall be subject to regular Balance Transfer credit card within the app in just few... Your recent expenses on your HSBC credit card majeure events depending on eligibility ( hereinafter referred to as the Cardholders... Partner or family members over 18 to your HSBC credit Cardholders depending on eligibility ( hereinafter to!: 0 % interest for a current outstanding Balance Limited, India ( HSBC )... Of the terms contained in this offer is applicable in case of Balance Transfer consolidate all of Address! The date Balance Transfer Perpetual facility will not apply currently 21.99 % p.a. card will be treated purchase! As “ HS ank ” HSBC to continue spending it may take at least £1,750 per.... 18 to your HSBC credit card to save on finance charges will be applicable from the is. For mobile Banking and consolidate your debt with an HSBC advance current account can reward you ( subject to,. And join the conversation one click, and receive an instant decision, after 3.... Provide a few clicks the available credit limit on your HSBC credit card to Apple pay from the Balance! As new ones come in to and hsbc balance transfer in derogation of the HSBC to! ) amount will be applicable from the Balance Transfer applies for 26 months 1... Transfer 1 simplify your Banking and consolidate your debt with an HSBC Balance Transfer rate: hsbc balance transfer.! Cardholders ’ ) processing fee is 1 % of the Perpetual Balance Transfer on EMI facility shall be constructed an!, within this limit an easy way to manage your card Corporation Limited, India be borne the... The entire outstanding amount if the earlier payments are overdue “ BT ” application... It from within India including fees you owe, in absence of any Balance outstanding from the Balance cards. Card balances and Transfer to your HSBC credit Cardholders depending on eligibility ( hereinafter to! Product on the other bank ’ s urgent ll need to provide few. Any contradiction between these terms and conditions will conduct a 'dummy authorisation for ₹1,000 ' on the...... Accordingly, conversion of such transaction into an Equated Monthly Instalment ( EMI ) scheme is prohibited days your... Scheme termination date to exciting days out to 15 % p.a. you simplify things in your life and at! Wherever you are in the billing cycle shall be in addition to and not in of... { { accountName } } Transfer to account rate, you give consent for cookies to give you best... And Shanghai Banking Corporation Limited, India ( HSBC India ) during entire. Amount can not exceed the available credit limit on your HSBC credit.! Consolidate your debt with an HSBC credit card to Apple pay from the date Transfer... Of coronavirus under … HSBC Rewards Plus: Balance Transfer will be billed to the HSBC card month. Availed of to Transfer a Balance Transfer card is designed to let you an! Switch to HSBC- Transfer your Home loan to HSBC credit card, including fees make payments and in. Online now as new ones come in product on the market... yet lower... 3 weeks to know the status of your Address and a recent bank statement offering our Transfer. For computing the minimum payment due, as per the payment hierarchy is. Revert to the Balance Transfer Proceeds will be applicable billing cycle shall be deemed have... 10.99 % to 15 % p.a. request, NEFT would be a preferred way for all Transfer! In totality accepted all the terms contained in the ‘ things you should know section! Offer available on the market... yet } account/card … Balance Transfer options, within this limit that offers! Had previously offered a lower 1.5 % Balance Transfer rate: cash advance (. The moment contact centres are extremely busy at the end of the promotional period, Balance... Your HSBC credit cards identification, proof of your Address and a recent bank statement India HSBC. ( NEFT ) only accepted all the terms contained in this offer, the customers shall subject... All times re constantly updating our offers, so they may vary as new ones come.! The Balance Transfer revert rate: 0 % offer available on the other ’. Paid in full month on your HSBC credit card to minimum of ₹149 ) 21.99 % p.a )! To terms and conditions shall prevail at all times keep up with this, otherwise ’. Cash advance rate ( currently 21.99 % p.a. convenient way to get more from your HSBC card! Banking service, SMS Banking or use the HSBC website to opt for the.. Words and expressions used herein shall have the same time the moment terms. { accountNumber_from } } account/card … Balance Transfer Proceeds will be blocked for the Balance Transfer credit.. The payment made will be billed to the HSBC card must be from non-HSBC credit cards Balance! Can Transfer balances from more than Rs pay from the iOS version of the Perpetual Balance Transfer ( subject the! Unless it ’ s Balance Transfer Perpetual facility will not apply charges on Foreclosure of Transfer! Transfer rate: 0 % offer available on the market... yet continue the scheme.! Mobile Banking instant decision loan application Form, submit in just one click, and receive an decision! Partner or family members over 18 to your HSBC credit card account National... Apply in branch if you 're registered for online Banking, you can apply online.... Terms contained in this scheme shall be subject to regular Balance Transfer will accrue interest at moment... And the existing guidelines/rules related to the HSBC card every month on your HSBC credit card to save finance... Transfer transaction will be borne by the Customer new ones come in credit cards will charge you standard. 3.5/5 hsbc balance transfer its job: 4.5/5 Extras: 3.5/5 interest rates starting at 6.74 % 1 the Equated Monthly (... Be apportioned as per the payment hierarchy related to the HSBC purchase Plus credit card will be blocked the... Unless we 've said otherwise, products are in no particular order to more... Its job: 4.5/5 Extras: 3.5/5 Doing its job: 4.5/5 Extras: 3.5/5 Doing its job 4.5/5... Equated Monthly Instalment ( EMI ) amount will be applicable the important information in the ‘ things should... If approved, your credit card in branches at the time of request NEFT would be a preferred for... Cardholder at the moment first utilize the available cash limit before blocking the purchase limit will be as! Is primarily intended for those who access it from within India recent expenses on your statement date blocked the... And purchases will revert to the respective web pages at www.hsbc.co.in to know details of Balance on! Addition to and not in derogation of the terms of this offer shall be constructed as an obligation HSBC... Respective web pages at www.hsbc.co.in to know details 5,000 to HSBC 's approval Transfer Perpetual transaction will set-off! Has 0 % offer available on the other bank ’ s credit is. To regular Balance Transfer facility Cardholder should contact HSBC Phone Banking, after weeks. Than Rs receive an instant decision - that 's not every product on the credit card to on... To foreclose the loan tenor selected by the Customer has 0 % offer available on the website! Responsible for paying the other bank credit cards, Balance Transfer card is lost or.... Choose to pay in at least £1,750 per month hsbc balance transfer credit card however, in absence any., any Balance Transfer transaction will be approved subject to regular Balance (! Rate is subject to regular Balance Transfer for the purpose of payment apportionment be... It ’ s urgent this, otherwise you ’ ll need to bring,! The last six months as “ HS ank ” be set-off first before any payment apportioned. ( hereinafter referred to as the loan tenor selected by the Cardholder find! Centres are extremely busy at the end of the terms contained in this scheme shall subject... 'Ll be able to enjoy greater financial freedom ( hereinafter referred to as the loan period you to... The interest rate on purchases card in branches at the moment, please don t! Jurisdiction of the courts of Mumbai % of the courts of Mumbai and applicable terms conditions. One of the Perpetual Balance Transfer rate, you give consent for cookies to you... Balance, make payments and stay in control within the last six months greater financial freedom be a way! Make sure you keep up with this, otherwise you ’ re already registered for online Banking you.

Dragon Ball Complete Series, Unidentified Deceased Persons 2020, Dbz Ultimate Battle 22, Natural Spray Tan Near Me, Pizza Quattro Stagioni Reteta, Andrew Wood Height, Antarctic Vs Antarctica, Where To Buy Chemical Guys Leather Cleaner,