HSBC Credit Cards Compare Rates, Points & Perks
Find the best HSBC credit card. Compare Star Alliance rewards, Qantas Frequent Flyer points, and low-interest cards with 0% balance transfer offers.
Calculate your rewards
See which cards could give you the most value based on your spending.
Credit Card
- Bonus Offer
- Points Per $
- Annual Fee
- Net Rewards
HSBC Platinum Qantas
- Bonus Offer -
- Points Per $ 1 - 1.5 pts
- Annual Fee $399
- Net Rewards $-
Breakdown of Yearly Net Value
Year 1: $0$0
Signup Bonus$0 Point Earn$0
Annual FeeYear 2: -$399$0 Signup Bonus$0 Point Earn$399 Annual FeeTotal Net Value $0Total Net Value -$399
HSBC Platinum Qantas
- Frequent Flyer PointsFrequent Flyer PointsTravel ServicesFree Qantas Frequent Flyer membershipTravel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionMobile PayApple Pay, Google PayEntertainmentFrequent Values Membership & Visa Offers + Perks
Purchase Interest Rate: 19.99% p.a.
Cash Advance Rate: 21.99% p.a.
Annual Fee: $399
Minimum Credit Limit: $6,000
Annual Fee Offer: $0 in 1st year
Additional Cardholders: No fee for additional cardholders
Interest Free Days: 55 days
Minimum Repayment: Greater of $20 or 3% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Entertainment: Frequent Values Membership & Visa Offers + Perks
Mobile Pay: Apple Pay, Google Pay
Travel Insurance: Domestic & International Travel Insurance
Travel Services: Free Qantas Frequent Flyer membership
Point Earning Limit: Capped
Points Per $1 Spend: 1.5 Qantas points on eligible purchases in the first 12 months from your account opening date. Then after the first 12 months, earn 1 Qantas point on eligible purchases.
Redeem Points: 5,700 Qantas points can fly you from Sydney to Gold Coast (one way) plus taxes, fees and carrier charges. 10,030 Qantas points can get you a $50 gift card.
HSBC Star Alliance
- Bonus Offer -
- Points Per $ 0.5 - 1 pts
- Annual Fee $499
- Net Rewards $-
Breakdown of Yearly Net Value
Year 1: $0$0 Signup Bonus$0 Point Earn$0 Annual FeeYear 2: -$499$0 Signup Bonus$0 Point Earn$499 Annual FeeTotal Net Value $0Total Net Value -$499
HSBC Star Alliance
- Star Alliance Lounge Access
- Frequent Flyer PointsFrequent Flyer PointsAirport Lounge AccessLounge access to Star Alliance Member Airlines lounges at 1,000+ airport lounges worldwide.Travel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionMobile PayApple Pay, Google PayEntertainmentVisa Entertainment
Purchase Interest Rate: 19.99% p.a.
Cash Advance Rate: 21.99% p.a.
Annual Fee: $499
Minimum Credit Limit: $6,000
Annual Fee Offer: $0 in 1st year
Additional Cardholders: No fee for additional cardholders
Interest Free Days: 55 days
Minimum Repayment: Greater of $20 or 3% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Entertainment: Visa Entertainment
Mobile Pay: Apple Pay, Google Pay
Travel Insurance: Domestic & International Travel Insurance
Airport Lounge: Lounge access to Star Alliance Member Airlines lounges at 1,000+ airport lounges worldwide.
Point Earning Limit: Partially Capped
Flyer Points Conversion Rate: 1 Star Alliance = 0.8 KrisFlyer miles.
Points Per $1 Spend: 1 Star Alliance point on eligible purchases, up to $3,000 per statement period and 0.5 Alliance points per $1 afterwards.
Redeem Points: 28,000 KrisFlyer miles is a flight from Sydney to Singapore (one way) plus taxes, fees and carrier charges.
HSBC Platinum
- Bonus Offer -
- Points Per $ 1.5 pts
- Annual Fee $199
- Net Rewards $-
Breakdown of Yearly Net Value
Year 1: $0$0 Signup Bonus$0 Point Earn$0 Annual FeeYear 2: -$199$0 Signup Bonus$0 Point Earn$199 Annual FeeTotal Net Value $0Total Net Value -$199
HSBC Platinum
- LoungKey Lounge Access
- CashbackCashbackFrequent Flyer PointsFrequent Flyer PointsAirport Lounge Access2 airport lounge passes every year to over 1,600 lounges worldwide and membership with LoungeKeyTravel InsuranceDomestic & International Travel InsuranceShopping ProtectionPurchase ProtectionMobile PayApple Pay, Google Pay
Purchase Interest Rate: 19.99% p.a.
Cash Advance Rate: 21.99% p.a.
Annual Fee: $199
Minimum Credit Limit: $6,000
Annual Fee Offer: $0 in 1st year
Additional Cardholders: No fee for additional cardholders
Interest Free Days: 55 days
Minimum Repayment: Greater of $20 or 3% of the closing balance
Late Payment Fee: $30
Purchase Protection: Yes
Travel Insurance: Domestic & International Travel Insurance
Mobile Pay: Apple Pay, Google Pay
Airport Lounge: 2 airport lounge passes every year to over 1,600 lounges worldwide and membership with LoungeKey
Point Earning Limit: Capped
Flyer Points Conversion Rate: 1 Rewards Plus point = 0.5 Velocity points.
Points Per $1 Spend: 1.5 Rewards Plus points on eligible purchases.
Redeem Points: 12,000 Rewards Plus points gets you a $50 gift card or cashback. 5,900 Velocity points can fly you from Sydney to Gold Coast (one way) plus taxes, fees and carrier charges.
Credit Card
- Rate
- Rate Offer
- Annual Fee
- BT Offer
- Min Income
HSBC Low Rate
- Rate 12.99%
- Rate Offer -
- Annual Fee $99
- BT Offer 0% for 12 months
- Min Income $40,000
HSBC Low Rate
- No Foreign Transaction Fees
- Travel InsuranceDomestic Travel InsuranceMobile PayApple PayEntertainmentFrequent Values Membership
Purchase Interest Rate: 12.99% p.a.
Minimum Credit Limit: $1,000
Annual Fee: $99
Additional Cardholders: No fee for additional cardholders
Interest Free Days: 55 days
Minimum Repayment: Greater of $25 or 2% of the closing balance
Cash Advance Rate: 25.99% p.a.
Late Payment Fee: $30
No Foreign Transaction Fees: Yes
Entertainment: Frequent Values Membership
Mobile Pay: Apple Pay
Travel Insurance: Domestic Travel Insurance
Balance Transfer Rate: 0% p.a. for 12 months
Max BT Amount: 90% of the credit limit
Balance Transfer Fee: 2%
Interest Free Days With BT: Yes
BT After Rate: 25.99% p.a.
BT After Rate: 25.99% p.a.
HSBC Credit Cards Guide
How We Rank the HSBC Rewards Cards
At Kredmo, we use a data-driven Value Methodology to rank every card on this page:
-
Sign-Up Bonus Impact: We analyze the true value of 100k+ bonus point or cash-back offers after meeting minimum spend. -
Points Weighted Earn Rate: We calculate the "dollar per points" value from from actual aveage Australian household spending splits (e.g., 35% Groceries, 15% Fuel, 20% Utilities) to show to best estimate what you could earn. -
Capped and Uncapped Points: We calculate the earn rate caps or "Tiered Earn Rates" for cards with both spending amount maximums and point earning maximums. -
Redeem Points Dollar Value: We calculate the dollar value from earned rewards points for reach rewards program for each redeem category cash back, gifts cards, domestic and international flights. -
Cost Efficiency: We factor in the cost of the annual fee so to evaluate whether your rewards earned outweigh the annual fee or not to reveal the Year 1 Net Profit. Ensuring your rewards are an asset, not an expense.
How Kredmo Calculates Your Net Rewards $ Value
At Kredmo, we believe transparency is the key to choosing the right credit card. Our Net Rewards $ Value is a data-driven estimate of the net Rewards financial benefit you could receive during your first year of card membership.
We use a specific three-step formula to convert complex bonus points or cashback offers into a clear dollar figure:
1Sign-Up Bonus Valuation: We convert the headline bonus points (e.g., 100,000 points) into a dollar value based on a conservative redemption average of 0.5 to 1.0 cents per point. This represents the standard "floor value" for redemptions like digital gift cards and cashback in the Australian market.- 2Annual Spend Projections: We calculate the points earned from your projected annual spending based on the card's specific earn rate (e.g., 1.25 points per $1 spent). We then convert
these points into their equivalent dollar value to show what your "monthly" spending is actually worth. - 3The 'Net Value' Deduction: To find the final figure, we subtract the first-year annual fee from the total sum of points and cash back expected to be earned. The resulting Rewards $ Value shown in our table represents your true "New Rewards $ Value"—in terms of Reward points and cash back of the value you receive after the card has paid for itself.Note: Our calculations assume you pay your statement balance in full each month. Because rewards credit cards carry high interest rates (often 20% p.a. or more), interest charges are not factored into this value as they would quickly negate the benefits earned.
Trust!Why Trust
Why Trust
Kredmo?
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80+ Cards Compared: We track over 20+ Australian providers to give you a full market view, not a filtered one. -
User-First Logic: Our rankings are built on data-driven “Value Methodology,” not whether we have a partnership with provider or not. -
Total Independence: We show you the best credit cards currently available in the Australian market and give you the tools to make the best decision for your unique financial journey. -
Licensed: We operate under ACL 518788.