Are you shopping around for a low interest credit card that can help you manage your finances and pay off your debt without outrageously high interest rates? HSBC Gold Mastercard® credit card offers a long introductory period with 0% APR, so if that is what you are after, read on to find out what else this balance transfer credit card with a $0 annual fee has to offer.

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HSBC Gold Mastercard<sup>®</sup> credit card

HSBC Gold Mastercard® credit card

APPLY NOWAt HSBC's secure website
  • 0% Intro APR on purchases and balance transfers for the first 18 months from account opening. Then a variable APR of 13.24%, 17.24% or 21.24% will apply.
  • No Penalty APR.
  • Late Fee Waiver.
  • No Foreign Transaction Fees.
  • $0 Annual Fee.
  • $0 liability for unauthorized purchases.
  • Terms Apply.
  • See Rates & Fees
APPLY NOWAt HSBC's secure website

0% Introductory APR on credit card purchases and balance transfers for the first 18 months from account opening

Variable APR of 13.24%, 17.24% or 21.24% will apply after the Introductory Period

$0

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Here, GET.com provides answers to key questions about how HSBC Gold Mastercard® credit card works and what it offers.

Apply for HSBC Gold Mastercard® credit card at the official HSBC website

Frequently Asked Questions About HSBC Gold Mastercard® credit card
How does this card help me pay off debt?
Do I pay to transfer balances to this card?
Do I earn rewards or cash back when I use this card?
Do I get any special benefits from this card?
Do I pay to use this credit card?
Is there a penalty if I pay late?
Is this card good for for taking cash out of the ATM?
Is this a good card for international spending?
Do I get access to my credit score?
Can I get this card even if I have bad credit?
Who is this card for?

Questions And Answers For HSBC Gold Mastercard® credit card

Question: How does this card help me pay off debt?

Answer: Although this card cannot make the existing balances you are carrying disappear with a simple swipe of the card, HSBC Gold Mastercard® credit card can buy you extra time since it has 0% intro APR on credit card purchases and balance transfers for the first 18 months from account opening. Thereafter, a 13.24%, 17.24% or 21.24% variable APR will apply, depending on your creditworthiness. If you currently carry balances on your other credit cards, transferring them to HSBC Gold Mastercard® credit card and then paying them off within 18 months from account opening could save you quite a bit of money on hefty interest charges. This card is also a great pick for those who have big-ticket purchases planned ahead since it lets you pay off your purchases at a 0% intro APR within the first 18 months of opening an account.

Question: Do I pay to transfer balances to this card?

Answer: Yes, a balance transfer fee of either $10 or 4%, whichever is greater, applies for each balance transfer transaction you make.

Question: Do I earn rewards or cash back when I use this card?

Answer: No, you will not earn any cash back or rewards points when you use HSBC Gold Mastercard® credit card to pay for your purchases. This credit card functions primarily as a great balance transfer card rather than a rewards-earning card.

Question: Do I get any special benefits from this card?

Answer: Yes, HSBC Gold Mastercard® credit card offers you a host of perks and benefits. This card provides you with purchase assurance for most purchases up to $1,000 against accidental damage or theft for 90 days from the purchase date; extended warranty that doubles your original warranty for up to 1 additional year; and price protection that refunds you the difference if you purchase an item and then see it advertised for less within 60 days. Terms apply. It also lets you make purchases conveniently and securely via mobile payments as HSBC supports Android PayTM, Apple PayTM and Samsung PayTM. You will also enjoy fraud protection thanks to Identity Theft Resolution Services and the security chip built into your credit card. Additionally, HSBC Gold Mastercard® credit card offers you travel benefits including up to $1 million in coverage if an accident takes place on a commercial passenger vehicle, and up to $50,000 in coverage in the event of damage, collision or theft of a rental vehicle when you charge your travel to this card. Terms, restrictions, limits and exclusions apply.

Question: Do I pay to use this credit card?

Answer: No, HSBC Gold Mastercard® credit card has a $0 annual fee.

Question: Is there a penalty if I pay late?

Answer: This credit card is unique in this respect because a late payment will not be charged (i) the first time you do not make the Minimum Payment Due by the Payment Due Date; or (ii) the first time you do not make the Minimum Payment Due by the Payment Due Date after twelve consecutive billing periods from the last Late Fee assessment. However, a late payment fee of up to $37 will apply if you do not pay on time subsequently after conditions (i) and/or (ii) illustrated above. Unlike some other cards on the market, this card has no penalty APR.

Question: Is this card good for for taking cash out of the ATM?

Answer: Not really, this card has a 27.24% variable cash advance APR along with a cash advance fee of either $10 or 4%, whichever is greater, that applies to each cash advance transaction you make.

Question: Is this a good card for international spending?

Answer: Yes and no. This card has no foreign transaction fees but it does not reward you on your spending at all. So, if you are looking to chalk up rewards points or cash back, HSBC Gold Mastercard® credit card is not the card you ought to reach for when you do international shopping abroad or online. But, if you are okay with not earning any rewards points or cash back, HSBC Gold Mastercard® credit card could still be a handy card to use for such purchases since you do not have to pay the standard 3% foreign transaction fee that other cards on the market charge for foreign currency transactions.

Question: Do I get access to my credit score?

Answer: No, this card does not offer the perk of giving you free access to your credit score. Nevertheless, it is your responsibility to keep track of your credit and work toward improving it if need be.

Question: Can I get this card even if I have bad credit?

Answer: No, this credit card is only available to you if you have good or excellent credit. If you do not have good or excellent credit, we suggest you look for an alternative credit card since getting rejected can damage your credit to some extent.

Question: Who is this card for?

Answer: HSBC Gold Mastercard® credit card is a $0 annual fee card that is great for people who can benefit from perks like 0% intro APR on credit card purchases and balance transfers for the first 18 months from account opening (13.24%, 17.24% or 21.24% variable APR thereafter) to get back on track managing their finances. While this card does not offer you opportunities to earn rewards on your purchases, it comes with a host of shopping and travel related perks that anyone can appreciate. One huge standout feature unique to this card is that it has no penalty APR in addition to a late payment fee waiver provided it's your first time paying late. Not having a penalty APR is a big advantage because you will not be mired in hefty penalty APR fees just because you, perhaps, forgot to make a payment once.

More about HSBC Gold Mastercard® credit card:
Read Our HSBC Gold Mastercard® credit card Review
Best Balance Transfer Credit Cards 2019
Best No Annual Fee Credit Cards 2019

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