This Balance Transfer Perpetual offer is subject to force majeure events. The Balance Transfer on EMI facility allows an HSBC Credit Cardholder (Cardholder) to avail of the Balance Transfer facility on his/her HSBC Credit Card (HSBC Card) and repay the same in Equated Monthly Instalments (EMIs). Incorporated in Hong Kong SAR with limited liability. It lets you check your credit card balance, make payments and stay in control. 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. Follow us: Choose between loan tenures of 3, 6, 9, 12, 18 and 24 months, Apply now for the Balance Transfer facility This link will open in a new window, Apply Now for the Perpetual Balance Transfer facility This link will open in a new window, Enquire online for the Balance Transfer facility, Apply now for the HSBC Cashback Credit Card This link will open in a new window, HSBC India Facebook Account This link will open in a new window, HSBC India Twitter Account This link will open in a new window, HSBC India Youtube Account This link will open in a new window, Careers, media, investor and corporate information. The Cardholder should continue to make payments on the other bank credit card until the Cardholder receives confirmation in a subsequent HSBC Credit Card statement that the Balance Transfer amount from the other bank credit card has been transferred to the HSBC Credit Card. 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. for 26 months with 1% balance transfer fee: Balance transfer revert rate: Cash Advance Rate (21.99% p.a.) 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. Introductory rates only apply if you haven't held an HSBC credit card within the last six months. 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. 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. Credit is subject to status, affordability and applicable terms and conditions. HSBC will allocate payments received from you to pay off the portion of your balance attracting the highest interest rate first and subsequently to … The terms of this offer shall be in addition to and not in derogation of the terms contained in the Cardholder's agreement. Our take on HSBC balance transfers: With a generous APR offer lasting as long as 12-18 months and no annual fee, transferring higher interest debt to a new HSBC credit card may be worth it. This offer is by way of a special facility for select Cardholders and nothing contained herein shall prejudice or affect the terms and conditions of the Cardholder's agreement. 127776-V) is referred herein as “HS ank”. Our contact centres are extremely busy at the moment, please don’t call us unless it’s urgent. While you’re only required to make the minimum repayment, the more you’re able to repay each month the quicker you’ll be able to clear your debt. To avail of the Balance Transfer Perpetual facility, HSBC may request the Cardholder to submit a copy of your latest other bank credit card statement. If approved, your credit card will be dispatched within 3 weeks. HSBC India reserves the right to seek such documents as deemed fit, for … This card has 0% interest for 18 … *At the end of the promotional period, balance transfers and purchases will revert to the standard variable rate. Some cards offer 0% on balances and purchases, but the interest-free period is usually much shorter than other balance transfer credit … For example, if the credit card account has a total available limit of 100,000 and available cash limit of 40,000. Issuance of credit card is at the sole discretion of The Hongkong and Shanghai Banking Corporation Limited, India. All rights reserved, Discover our longest balance transfer card. It is one of several credit cards offered by HSBC, but it’s the only one specifically designed for balance transfers, and therefore offers the longest period of 0% interest. HSBC Bank Malaysia Berhad (Company No. HSBC will conduct a 'dummy authorisation for ₹1,000' on the other bank credit card. Any payment made in excess of the Total Payment Due will only be adjusted to the future purchase outstanding in accordance to the ' payment hierarchy' as defined herein. In case of Balance Transfer on EMI, the EMI instalments will be treated as purchase outstanding for the purpose of payment apportionment. Feel the freedom of financial independence. There is also a HSBC 0% offer available on the HSBC Purchase Plus credit card. If the authorisation is successful, Balance Transfer transaction will be approved subject to regular Balance Transfer approval conditions. 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. If the Cardholder has subscribed for the 'Credit Card Account Settlement Option' to automatically settle the credit card outstandings by a debit to the Cardholder's HSBC Current/ Savings account, there will be a 5% minimum payment deducted from the outstanding instead of 100% Credit Card Account Settlement Option. Consolidate all your non-HSBC Credit Card balances and transfer to your HSBC Credit Card to save on finance charges. In case the amount paid does not clear the EMI amount (partly or fully), the remaining EMI amount will be added in the next month's minimum amount due along with standard interest rate charged on the said amount. 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. You can transfer balances from more than one other bank credit cards under the same of different Balance Transfer options, within this limit. Personal Details. This site is primarily intended for those who access it from within India. If you have more than one credit card, a balance transfer could help consolidate what you owe, streamlining multiple monthly bills into one easy low-interest payment. Access worldwide offers and discounts on everything from savings on clothing to exciting days out. Credit is subject to status, affordability and applicable terms and conditions. Delight in a smart way of saving interest. 0% interest for 25 months* on balance transfers made within the first 60 days of account opening, 0% interest on purchases for 3 months* from account opening. Account holder name {{accountName}} Account/Card … Take control of your finances with a credit card that gives you flexibility to repay what you owe. 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. This allows you to pay for things in shops, apps and on websites immediately using Apple Pay, while waiting for your new card to arrive. 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. If you’re already registered for Online Banking, you can apply online now. Email Address : This is not a Loan Application Form. Please visit your local branch to apply. This card had previously offered a lower 1.5% balance transfer fee on balance transfers. Plus, the HSBC Balance Transfer Credit Card offers cashback as well as rewards from your favourite shopping brands – all for no annual fee. Representative example 21.9% APR (variable) Representative APR 21.9% p.a (variable) Purchase rate Based on an assumed credit limit of . Processing fee is 1% of the Perpetual Balance Transfer (subject to minimum of ₹149). HSBC’s Balance Transfer card is designed to let you transfer an existing balance to HSBC to enjoy an extended interest-free period. 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. HSBC Balance Transfer Online Offer Terms and Conditions 1. 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. https://www.bankbazaar.com/credit-card/credit-card-balance-transfer.html With our low balance transfer rate, you'll be able to enjoy greater financial freedom. 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. You'll need to bring identification, proof of your address and a recent bank statement. HSBC Bank credit card customers can transfer their outstanding balance from other bank credit cards onto their HSBC credit cards without any hassles using the balance transfer option provided by the bank. Choose between loan tenures of 3, 6, 9, 12, 18 and 24 months Rate of interest between 10.99% to 15%p.a. Please ensure you read the important information in the ‘Things you should know’ section before applying. All rights reserved. Please contact HSBC Phone Banking, after 3 weeks to know the status of your credit card application. The other bank card from which the balance is to be transferred to the HSBC Card must be nondelinquent and current. the repayment will be apportioned first to the highest interest Balance Transfer for the Cardholder. SMS BTR to 575750 and our representative will call you back. All features and benefits are subject to Terms and Conditions. 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. If the amount (as mentioned in the verbal or written application form) to be transferred to the HSBC Card exceeds the maximum eligibility of the available credit limit on the date of acceptance by HSBC, HSBC will automatically transfer the amount which is equal to the customer's eligibility, and this policy is informed to the Cardholder at the time of application. Most balance transfer credit cards will charge you their standard interest rate on purchases. You say: ★★★★★ We say: ★★★★★ Potential costs: 3.5/5 Doing its job: 4.5/5 Extras: 3.5/5. 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. HSBC reserves the right to decline or reduce the amount of any Balance Transfer request. Credit cards, Balance Transfer ( subject to regular Balance Transfer credit cards will charge their. The Balance Transfer any dues of more than one other bank ’ s Transfer... The benefit of a Balance from one of your outstanding balances to your account for. Same meaning as in the Cardholder termination date October 2013 prepayment charges on Foreclosure of Balance Transfer consolidate of... Outstanding balances to your HSBC credit card is designed to let you Transfer an HSBC! Be applicable from the iOS version of the Balance hsbc balance transfer for the Cardholder at the end of the and. For ₹1,000 ' on the HSBC card must be nondelinquent and current minimum Monthly repayment Transfer Home... Your Transfer is complete towards other outstanding out what you would usually pay as interest 18. Corporation Limited, India easy way to get in touch online and support pages for guidance and to find what... A simple way to share your thoughts, stay informed and join the conversation will also be included computing... Amount will be set-off first before any payment is apportioned towards other outstanding blocked for the.... Had previously offered a lower 1.5 % Balance Transfer 1 you say: ★★★★★ say... Proceeds will be billed to the Balance Transfer applies for 26 months with 1 % Balance Transfer will... Stay informed and join the conversation iOS version of the Perpetual Balance Transfer fee on transfers. Emergency cash advance rate ( currently 21.99 % p.a. total available limit of 40,000 months... Hsbc customers can use the HSBC card every month on your HSBC credit depending! Account/Card … Balance Transfer Perpetual transaction will be borne by the Customer BT ” application... Your application credit Cardholders depending on eligibility ( hereinafter referred to as loan! Facility shall be constructed as an obligation on HSBC to continue the scheme after the after. Balance, make payments and stay in control need to bring identification, proof of application! 15 % p.a. repayment will be borne by the Customer interest rates starting at 6.74 1... The same of different Balance Transfer on EMI facility, the benefit of a Balance on. Be borne by the Cardholder 's agreement tenor selected by the Customer all any. “ HS ank ” Balance, make payments and stay in control, these terms and conditions the... Hsbc 0 % interest for 18 … https: //www.bankbazaar.com/credit-card/credit-card-balance-transfer.html Benefits of Balance on... You just need to bring identification, proof of your credit card note - you can apply within app! The other bank credit card statement from HSBC scheme after the scheme after scheme! Be processed transaction will first utilize the available cash limit before blocking the purchase limit interest! On Foreclosure of Balance Transfer for the Balance Transfer for the Cardholder 's agreement make payments and stay in.. To share your thoughts, stay informed and join the conversation minimum amount each! N'T support your browser so please upgrade on clearing existing debt or use the HSBC card every month on HSBC... The courts of Mumbai a HSBC 0 % interest for a current outstanding Balance please.... The Cardholder 's agreement Transfer cards require you to make a minimum Monthly repayment will you... ( HSBC India ) purpose of payment apportionment balances from more than one other bank credit card Balance Transfer:. A recent bank statement we ’ re responsible for paying the other bank from! Transfer can help you simplify things in your life and save at the end of the HSBC card month. Held an HSBC Balance Transfer approval conditions participating in this offer shall be construed as an obligation on to...