| Minimum Salary | Salary Transfer | Islamic Finance | Cashback | Annual Fee | Rate | |
|---|---|---|---|---|---|---|
HSBC Premier Credit Card
|
Minimum Salary: BHD 300 | Salary Transfer: No | Islamic Finance: No | Cashback: No | Annual Fee: BHD 0 | Rate: 2.5% |
Welcome to the world of Premier Credit Cards from HSBC. Accepted at over 32 million outlets worldwide, they offer you interest-free credit for up to 56 days on purchases and a cash advance of up to 50% of your credit limit. What's more, you have the option to revolve your balance at a competitive interest rate.
HSBC Premier Credit Card Features:
Representative Example:
If you spend BHD 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
HSBC Premier Credit Card Features:
- No annual fees - the card is free for life
- Up to 56 days interest-free credit on purchases
- Flexible payment option
- A competitive interest rate on retail purchases
- Up to 50% Instant Cash from your available credit limit
- Up to 2 free additional cards to share amongst your family - with a shared limit, rest assured no one is ever left in a bind
- Access your account anywhere - with Triple Access you can transfer money and pay your bills across all of your HSBC credit cards, current, and savings accounts using your HSBC Premier MasterCard
- Lounge Access
- Pay your personal Batelco, Indian School Fees, Electricity and Water bills with your Credit Card over the phone
- Access your HSBC current, savings, and credit card accounts through HSBC ATMs worldwide
- Get your credit card delivered to your residence free of cost by courier
- 24-hour customer service
- Free bill auto-payment service - set up standing instructions to debit your HSBC current or savings account to pay your credit card bill
- Enjoy a credit period of up to 56 days interest-free on your purchases when you choose to settle your monthly outstanding balance in full
- Free supplementary cards - you can avail yourself of up to two free supplementary Premier Cards, which you can then provide to immediate family members or relatives
Representative Example:
If you spend BHD 1,200 at a purchase interest rate of 18.9% (variable) your representative APR will be 18.9% (variable).
** Calculator Definitions
Amount:
The total amount of money borrowed, also referred to as the principal amount.
Rate (%):
This is the annual interest rate on the product which is equivalent to APR, which is going to be calculated in this example.
Years:
This is the original term or length of the product, stated in years.
Effective Monthly Payment:
This is the effective monthly payment, which takes into consideration fees and other costs associated with this product. The effective monthly payment is the basis for the APR calculation.
Calculated Annual Percentage Rate (%):
The Calculated Annual Percentage Rate (APR) is determined using the annual interest rate of the product plus fees and other costs. This rate may differ from bank to bank. APR is useful when comparing two or more products with different interest rates and fee structures.
