The HSBC Platinum Credit Card with comprehensive benefits and convenient services for those who value security and spending control.
If you travel frequently, this card is an excellent choice due to its included insurance coverage and wide acceptance with the Visa network. While international transactions do incur fees, users don’t have to worry about the annual fee, at least for the first year.
Are these and other benefits appealing to you? Then check if you meet the profile for approval.
Basic Criteria on HSBC Platinum Credit Card
- Be over 18 years old
- Be an Australian citizen, permanent resident, or hold a long-term visa
- Earn at least $40,000 per year
- Have a good credit rating
Documents You Need to Provide
- Australian driver’s licence or passport
- For foreigners: Passport, Australian visa, and employment contract
- Proof of income according to your employment status. See below:
✅Full-time, part-time, or casual employees: A payslip showing year-to-date earnings issued within the last 30 days.
✅Self-employed individuals: A document with ABN and an Australian Tax Office assessment notice issued within the last 16 months.
✅Retirees: The two most recent credit transactions of retirement income.
What Will the Credit Limit Be?
Each person may receive a different offer based on their income, but it’s common for the HSBC Platinum to start with a $6,000 limit.
After at least six months since the account opening, customers can request an increase via a form.
Approval will also depend on the bank’s criteria, but this is a way to try to increase your limit if it doesn’t happen automatically.
Ways to Apply for HSBC Platinum Credit Card
If you’re already an HSBC customer, just log into Internet Banking or the bank’s app. Go to the cards section, and if you meet the requirements, you’ll receive an instant response.
New customers also have the opportunity to apply online in about 10 minutes.
After filling out a quick form with your personal details, mobile number, and email, read and accept the terms.
Then, follow the instructions for submitting the necessary documents for the bank to conduct a credit check.
The process is quick, and in a few minutes, you might receive a response or wait for the assessment period and get the response via email.
The online application is preferred because it’s practical and easy, but if you prefer, you can also visit a local branch or call 1300 131 605 (Monday to Friday, 8:00 AM to 8:00 PM).
How to Activate your HSBC Platinum Credit Card
The new credit card will arrive blocked for security reasons. Once you’re ready to start using it, log in to Internet Banking or call Customer Service at 132 152 or +612 9005 8511 if calling from abroad.