HSBC Credit Cards

There’s no way to proactively check if you pre-qualify for an HSBC credit card. Sure, HSBC mails pre-approved credit card offers to potential applicants whose basic credit profiles indicate they will have a very good chance of getting approved. But you can’t request one. HSBC credit card pre-approval is invite-only, in other words.

But even though HSBC won’t let you check whether you pre-qualify, you can still take similar steps to determine whether applying is a good idea. Basically, you can pre-qualify yourself for an HSBC credit card by seeing how well you meet your chosen card’s approval requirements. Just bear in mind that official pre-approval typically gives you a roughly 90% chance of actually getting an account when you apply. So barely meeting a card’s minimum requirements may not cut it.

Here’s how to (pre) qualify for an HSBC credit card:

• All HSBC credit cards require good or excellent credit. Generally, good credit starts at a score of 660, and excellent credit begins at 719. However, we recommend considering good and excellent credit to mean 700+ and 750+, respectively. Your approval odds won’t be very good if you barely meet a card’s minimum requirements, after all.

You can check your latest credit score for free on WalletHub.

• You must demonstrate the ability to pay an HSBC credit card’s monthly bills. Unfortunately, that’s hard to estimate because HSBC doesn’t disclosure its cards’ minimum credit limits.
  
• You need $100,000+ in an HSBC bank account to get the HSBC Premier Mastercard and $10,000+ to get the HSBC Advance Mastercard.

In short, there’s no way to tell if you pre-qualify for an HSBC credit card. But if you have good to excellent credit, applying for an HSBC card might be worth a shot. If your credit is bad, fair, or limited, don’t worry. You may not be eligible for one of HSBC’s credit cards, but there are still plenty of offers from other issuers.

Yes, you can make an HSBC credit card payment online. I find it easier to download the HSBC Mobile Banking app, but you can also pay on https://www.us.hsbc.com/online-banking/. It's free and they have an 'on-time' guarantee, meaning that HSBC will bear the responsibility for any late-payment-related charges should an online bill payment arrive after its due date as long as you scheduled the transaction.

Some cardholders report HSBC Gold MasterCard credit limits as high as $25,000, but of course, that should be taken with a grain of salt.

Basically a higher credit score also helps you qualify for a higher credit limit. But not only that, as our debt-to-income ratio also plays an important role, so ideally that should be