Have you ever wondered what it would be like to stop worrying about interest rates when buying with a card? With the HSBC Premier credit card, this is possible.

For a certain period, this credit card is free of fees during purchases, and the benefits that await you are just the beginning.

Here you can check the main pros and cons of the credit card in question, analyzing whether or not it is a good payment method to meet your credit needs.

Why we recommend the HSBC Premier credit card

Carrying out a quick search on credit cards, we come across an endless list of alternatives for very different purposes.

However, a very common problem ends up being interest rates, which can be quite abusive, making it a bad idea to make purchases with the card.

However, no one applies for a credit card to leave it aside because of the abusive fees and charges, so it is important to ask for one whose fees are affordable.

This is exactly the idea that guided the creation of the HSBC Premier credit card, where for a certain period this financial product has no fees.

After this period, the rates to which cardholders will be subject can be considered very competitive, taking the balance transfer rate as an example.

Where it will be necessary to pay 2.99% interest, which is not the lowest rate, but it is far from being one of the highest, being in the middle ground.

What can I use the HSBC Premier credit card for?

We couldn’t let you leave this article before showing you in a very clear way the main ways to take advantage of your credit card.

This is a very complete financial tool, but without being aware of the benefits that await you, it will be impossible to take advantage of these strengths.

We have selected two of the most recommended ways to use the HSBC Premier credit card, but be aware that they are far from the only ways to use it.

Being considered a very complete version, it is possible to access the official website of the credit card in question to check more information.

Lounge access at various airports

Waiting at the airport is practically mandatory when traveling, however, this does not mean that this wait has to be uncomfortable.

When you access the airport’s VIP area, it becomes much more comfortable to wait for the plane to arrive, where you can eat something, enjoy a drink and much more.

This benefit can be useful for both those on vacation and those who need to travel frequently for professional reasons.

Where on holiday trips, the airport VIP area becomes a way to start in a comfortable way, without all the headaches that are usually very common on conventional trips.

Meanwhile, for those on a business trip, the VIP area becomes a place where it is possible to comfortably get some work done.

Super safe shopping

Purchases using credit cards are always subject to some fraud attempt, ranging from the leaking of sensitive data to card cloning.

Therefore, each financial product adopts a different strategy to keep its users safe when consuming something, which is very important for the HSBC Premier card.

Where it has a set of features that seek to keep the user completely safe when shopping online or in person.

With coverage ranging from in-person purchases, valid in case of clothing, loss or theft, but also in online fraud such as cloning.

In the event of any suspicious purchase, it is possible to request an analysis of the payment, where if fraud is proven, the bank will refund the purchase amount.

Advantages of the HSBC Premier Credit Card

Don’t leave this article without checking out the main reasons to become an HSBC Premier credit card holder, checking out its biggest advantages.

There are many reasons to submit a membership application, but we will focus only on the main ones in the following list, check it out:

• Fully remote membership application
• Mastercard Benefits Program
• Contactless payments
• Application for management
• Balance transfer
• Temporary exemption from fees
• Globally accepted

Disadvantages of HSBC Premier Credit Card

HSBC Premier credit cards have both advantages and disadvantages, so it is important to consider both aspects of this financial product.

Many of the benefits present in it are linked to conditions, with rules that can be quite complicated for some interested parties, so consider the possibility of having the request rejected.

How is the credit analysis done on the HSBC Premier credit card?

The bank that issues the HSBC Premier credit card uses the Score during this stage, which has two functions in the membership application.

The first use of this step is to define what the user’s credit limit will be, while the second function is to conclude whether approval has occurred or not.

Is there a maximum and minimum value for the HSBC Premier credit card?

Are you interested in becoming a cardholder? Then it is important to understand a few things about the credit limit available on the HSBC Premier card.

The first is that this financial product has a limit that adapts to the credit needs of each user, through credit analysis.

If the initial limit is too low, it is possible to request an increase in the limit, which will cause the holders to undergo a new analysis.

For this reason, the financial institution does not set a maximum or minimum limit in advance for the HSBC Premier credit card.

Want to apply? Learn how to get the HSBC Premier credit card right here

To apply for the HSBC Premier credit card, you will need to complete a few steps, as we will show you in the next article, click the button below and check it out.