Lower Interest Options

Low Interest Credit Card

Save on credit card interest payments by availing of lower interest options such as Loan on Phone and Balance Transfer.

Balance Transfer-on-EMI

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

• Repayment tenure options of 6, 12, 18 and 24 months
• Low interest rates
  • Platinum & Gold credit cardholders : 1.25% per month for 6 and 12 months and 1.50% per month for 18 and 24 months
  • Classic credit cardholders : 1.50% per month for 6 and 12 months and 1.65% per month for 18 and 24 months

Balance Transfer

Transfer your other bank credit cards outstandings (any amount above Rs. 3000) to your HSBC Credit Card. You can choose from the following tenure options.

• 3 months
• 6 months
• Perpetual Balance Transfer

Applicable interest rates for all 3 tenure options are -

• 1.33% p.m. (15.96% p.a.) for Platinum credit cardholders
• 1.50% p.m. (18% p.a.) for Gold and Classic credit cardholders

Loan on Phone

The 'Loan on Phone' feature makes it easy for you to do high value shopping. Any purchases above Rs. 2000 can be paid back in easy monthly installments at an low interest rates. The applicable interest rates are -

• 1.50% p.m. (18% p.a.) for Platinum credit cardholders
• 1.75% p.m. (21% p.a.) for Gold credit cardholders
• 1.99% p.m. (23.88% p.a.) for Classic credit cardholders on monthly reducing balance