Balance Transfer

Balance Transfer-on-EMI is a unique feature that allows you to transfer the outstanding balance from your other credit cards to your HSBC Credit Card and repay it in easy monthly instalments at a lower interest rate.

You can choose from 4 low interest options of 6, 12, 18 and 24 month tenure.

Processing fee at 1.5% of the BT-on-EMI amount (subject to a minmum of Rs. 149) for 6 month option and at 1% of the BT-on-EMI amount (subject to a minimum of Rs. 149) for other BT-on-EMI options will be applicable.

• Terms and conditions apply

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With your HSBC Credit Card you enjoy the Balance Transfer feature allowing you to transfer other credit card outstanding dues for repayment at lower interest rates.

• Savings with low interest options
• Flexibility with 3 month, 6 month & Perpetual BT options
• Convenience with 'Balance Transfer on Phone' and 'Balance Transfer on Internet'

Balance Transfer Tariffs

*Subject to a minimum of Rs. 249 for 3 month BT and Rs. 149 for all other BTs

• Terms and conditions apply

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Perpetual BT: Transfer your balance once. Benefit thereafter!

With Perpetual BT, you can benefit from the lower interest rate till the entire transferred balance is paid off, with there being no-pre-defined term. Interest on the transferred balance will be charged only at 1.33% p.m. (15.96% p.a.) for Platinum Credit Cards and at 1.50% p.m. (18% p.a.) for Gold and Classic Credit Cards. You only have to make a minimum payment per month for your Perpetual BT equal to 5% of the outstanding Perpetual BT amount. You may however choose to pay more each month and close your BT earlier, as per your convenience.

Suppose you avail of Perpetual BT option for transferring Rs. 15,000 from your other bank credit card and there are no other purchases on your credit card. Your 'minimum payment due' will be calculated every month as 5% of the outstanding balance or Rs. 100 whichever is higher.

If you choose to pay, say, Rs. 1,500 every month, you will be charged interest at the applicable rate till the last payment of Rs. 1,374 in 11th month.

To avail of the 'Balance Transfer on Phone' and 'Balance Transfer on Internet' facility you should have a card account relationship of more than 3 months, as on the date of applying for Balance Transfer. Simply contact our Customer Service Center or apply online and we will issue you a draft for the amount required subject to certain conditions.

So transfer your balances today! Click here for online application.

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