Does this card default to chip-and-signature like most cards do? I want a card that defaults to chip-and-pin if at all possible.
4
UpvotesReply
WalletHub
Well, you're in luck! This card does indeed use chip-and-PIN authentication. Enjoy!
HSBC Platinum Mastercard® credit card Reviews: Is It Worth It? (2023)Reviews, rates, fees, and customer service info for The HSBC Platinum Mastercard® credit card. Compare to other cards and apply online in secondsJohn Kiernan
WalletHub
WalletHubHSBC Platinum Mastercard® credit card
HSBC Platinum Mastercard® credit card
We're sorry, but the HSBC Platinum Mastercard® credit card may no longer be available to new applicants or we may no longer be able to obtain complete information related to this offer. For customer service call: 888-385-8916
You can review HSBC Platinum Mastercard® credit card's rates and fees according to our latest records, which may be outdated. Alternatively, you can compare the latest credit card offers.
APRWalletHub ReviewQ&ACustomer Reviews
Accepted Credit Scores
Accepted Credit Scores
Excellent Credit, Good Credit
Annual Fee
$0
APR on Purchases
0% intro APR for 18 months, 13.99% - 23.99% (V) APR after that
Balance Transfer
0% intro APR for 18 months, 13.99% - 23.99% (V) APR after that
Balance Transfer Fee
WalletHub Review
HSBC Platinum Mastercard® credit card Pros & Cons
No membership fees
0% intro APR on purchases
0% intro APR on balance transfers
No foreign fee
No rewards
No rewards bonus
Balance transfer fee
Requires good/excellent credit
HSBC Platinum Mastercard® credit card's Additional Info
| cash advance fee | 4% (min $10) |
| cash advance APR | 25.99% (V) |
| foreign transaction fee | $0 |
| smart chip | Yes, chip-and-PIN |
| max late fee | $37 |
| max overlimit fee | $0 |
| max penalty APR | 30.99% (V) |
| grace period | 25 days |
0% Introductory APR on credit card purchases and balance transfers for the first 18 months from Account opening. After that, a variable APR of 13.99%, 17.99% or 23.99%, will apply.
No annual fee.
No foreign transaction fees.
Make purchases the way you want — mobile payment enabled supporting Android Pay™, Apple Pay™ and Samsung Pay™.
Shop with confidence knowing that your purchases are covered with our valuable protection programs.
Fraud coverage if your card is ever lost or stolen.
Use online banking to access your account, even from your smartphone, with our mobile app.
Terms Apply.
Questions & Answers
Can't find what you are looking for? Submit your question about HSBC Platinum Mastercard® credit card to our community. Editorial and user-generated content is not provided, reviewed or endorsed by the issuer of this card.
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Is this always a MasterCard?
3
UpvotesReply
WalletHub
Yes, all of the credit cards offered by HSBC in the U.S. are currently on the MasterCard network. You can find out more about their offers here: https://www.us.hsbc.com/1/2/home/personal-banking/credit-cards
What is the minimum credit score required to get an HSBC Platinum credit card?
3
UpvotesReply
WalletHub
The credit card is designed for people with good credit (i.e. a score of 700+).
will it be accepted easily in paris
2
UpvotesReply
WalletHub
It will be accepted anywhere that takes MasterCard, which will likely include most Parisian merchants.
Does the card include travel insurance?
1
UpvoteReply
Jake Welsh
Nope, the HSBC Platinum Mastercard doesn't offer any travel insurance coverage, like rental car insurance or lost luggage insurance.
You can compare cards with great travel insurance here.
What's a typical initial credit limit on this card?
1
UpvoteReply
Tommy S Davidson
They won't tell you, but I've heard $300 to $3K. I don't think this card is available anymore though.
Can I pay my balance using foreign currency?
0
UpvotesReply
View more answers
Compare The HSBC Platinum Mastercard® credit card
Purchase Intro APR0% for 18 months
Purchase Intro APR0% for 15 months
Purchase Intro APR0% for 21 months from account opening
Transfer Intro APR0% for 18 months|Transfer Fee: 4%
Transfer Intro APR0% for 15 months|Transfer Fee: 3%
Transfer Intro APR0% for 21 months from account opening on qualifying balance transfers|Transfer Fee: 5% (min $5)
Regular APR13.99% - 23.99% (V)
Regular APR19.74% - 29.74% (V)
Regular APR17.99% - 29.99% Variable
Rewards RateNone
Rewards Rate1.25 - 5 miles / $1
Rewards RateNone
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HSBC Platinum Mastercard® credit card Reviews
Share your insights and review the HSBC Platinum Mastercard® credit card
3.1
532 reviews
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1 Star Rating
I been with them more than 10 years and still no help to increase my fico . Always I paid on time no issues with my paying this credit card never .
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1 Star Rating
The worst credit card company in the history of credit cards. Don't bother with them because they're primitive and they're not US based.
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1 Star Rating
Worst card ever, they keep raising your rates. don't ever be late or miss a payment the call 5 times a day and threatened me!
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3 Star Rating
I got this HSBC Platinum card a few years ago when I was trying to revive my credit, I transferred a couple of my other high APR credit cards over to try and make a single monthly payment. This worked pretty well and I was able to get rid of the original lines of credit, still working on paying this one down though. Even though I used it to lower my other payments this one does have a higher than average APR as well.
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3 Star Rating
Good card with an average to below-average APR after the intro period. Rewards were slightly below average. Customer service was average for the industry. No major complaints, but I did not get to enjoy it long due to financial issues.
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4 Star Rating
I've had this card for about five years now. As a teenager, I made some irresponsible credit mistakes. After using a secured credit card for two years, I was sent this one in the mail for managing my credit responsibly. I believe the limit started out very low, about $300-$400. This helped me refrain from overspending, and to maintain healthy credit card use habits. Just this last year I got my first increase. It's not a large amount, and I don't max it out. What I like about the HSBC MasterCard is the low limit, which causes me to use it as an 'emergency card' and not buy everything in sight, as well as the fact they don't constantly bump up the limit to tempt me to purchase things- like my other credit card does. Overall, I'm satisfied with my MasterCard and I'd recommend it for somebody that is trying to rebuild their credit for whatever reason.
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4 Star Rating
This was the first credit card I got after I divorced and I still carry this card today. My story is similar to that of a lot of other reviewers; HSBC took a chance on me when I was rebuilding my life. HSBC has always been fair with me – so why change. A requested change in payment date to meet my pay schedule was handled quickly and smoothly. I like the fact that HSBC is a well-known entity, not a fly by night firm no one has ever heard of. The fact that there is no annual fee is attractive too. They have a decent website and you can choose to go paperless. They will send you reminders via email. The interest rate is a little high BUT when you need a hand, HSBC Platinum is willing to lend you one and help you establish a new life.
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4 Star Rating
This was the first credit card I had ever had in only my name. I applied for the card to help build a credit profile. I was approved quickly! I have had this card for about 7 years now. Customer service has always been helpful. Once, my card was stolen and they had it cut off in a matter of minutes. They even offered additional services to help monitor my credit profile since my purse had been stolen. The interest rate is ok for someone who is trying to build a credit history. I have never had any issues with the company and any time I have called the representative has always been friendly and helpful.
The only thing I would change about my HSBC card is that I wish after your credit was established and you have a good history of making payments on time that they would stop charging the annual fee. That is the ONLY thing I don't like about my HSBC card!
The only thing I would change about my HSBC card is that I wish after your credit was established and you have a good history of making payments on time that they would stop charging the annual fee. That is the ONLY thing I don't like about my HSBC card!
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4 Star Rating
This is the first credit card I had ever received. It’s been great for helping me establish credit and get a history going. I have had this card for over 5 years and it has gotten me out of some tight situations. Nowadays, I mostly use it for smaller purchases that get paid off at the end of the month so I don’t inure interest charges. My only complaint is that if you are late on a payment, a responsibility of the cardholder, your APR shoots up and you have to fight tooth and nail to try to lower it. I’ve had the unfortunate luck of having this happen to me but have dealt with courteous customer service.
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3 Star Rating
I had the HSBC credit card and I initially had no problems. I had a decent limit, which was great, and was able to handle the payments. As soon as I got married and had a child, I ran into some hard times and then was faced with having difficulty paying it off. Immediately after I had a big of problems, I received phone calls non stop from representatives that would hamper me and ask "why can't I pay it?" This happened on a daily basis and I felt that I was just being ridiculed when I had good standing with them previously. It was completely unacceptable and I will never go back to this company. My interest rate had also shot up to 30% immediately. You know the company has shady practices when they are sitting in a dark corner waiting for one tiny slip up, then you're fed to the sharks. Unfortunately, I was treated as a number and eventually I stopped answering the phone because of the harassment. Never again.
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Review HSBC Platinum Mastercard® credit card
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Offer last updated: May 19th, 2023 at 17:20 ET
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PURCHASE INTRO APR
0% for 15 months
TRANSFER INTRO APR
0% for 15 months 3% Transfer Fee
REGULAR APR
19.74% - 29.74% (V)
ANNUAL FEE
$0
REWARDS RATE
1.25 - 5 miles / $1
BONUS OFFER
20,000 miles
MINIMUM CREDIT