HSBC Low Rate Credit Card

February 26 2008

Overview - HSBC offer Australia one of the best credit card deals of 2008 with is Low Rate Visa. The Low Rate comes with a fantastic range of special offers that will save you money in balance transfers, purchases and annual fee charges.

Features - Firstly let's take a look at the promo offers from HSBC. The theme of HSBC's offers is 0%, there is 0% interest on purchases and on balance transfers for a limited period of time (see HSBC Low Rate page for dates) and a $0 annual fee for the first year. The interest rate for purchases is 12.49% p.a and for cash advances it is currently 18.20% (Both interest rates are current as of 26/2/2008). The annual fee that is waived for the first year is 39% every year there after.

HSBC extra privileges include 55 days interest free on purchases, free access to HSBC's converted home and away privileges program that offers a great rewards program. HSBC have an extensive amount of ATM's worldwide for cash withdrawals and online purchase protection that is second to none.

Summary - The HSBC Low Rate Visa credit card truly is one of the better credit card deals of this year. If you are thinking of applying for new credit card or want to transfer your old credit card balance then investigate the Low Rate Visa. Take advantage of the special promotional offers while they last but as always be sure to read the fine print to know fully what you are getting yourself into.