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HSBC Gold Card

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4 Nov 13th, 2003 

7 Ciao members have rated this review on average: helpful

Advantages:
purchase protection, 0% balance transfer for 6 months

Disadvantages:
not the lowest APR,

Recommendable Yes:

Detailed rating:

Competitiveness of APR

Product package

Quality of Customer Service

Reward Scheme

Additional Charges

Security and Privacy

Ease of Application

glen.bolton

glen.bolton

About me:

29 with 2 kids, live with my partner, work for a bank in loans and internet banking.

Member since:06.11.2003

Reviews:4

Members who trust:1

As an employee in the Cards and Lending section of HSBC, I can give an educated opinion of the card. The bank offers a 0% competitor balance transfer from all store and credit cards (providing there is a sufficient credit available) for 6 months. HSBC, as far as I am aware, is the only finacial institution that pays off the higher rate of interest first so when you make a payment each month, you are paying more off it. When the 6 month comes round, you have paid mainly the higher rate of interest, leaving a lower balance left to clear.

The bank gives the optional direct debit facility for the card. You can choose to pay the minimum or full balance on the card each month. If you pay the minimum, you can pay extra, as and when you like.

There is, as standard with the card, not an optional extra, a purchase safeguard, so you can pay for goods and they are covered for up to 90 days against loss, theft or damage.

You can, for an additional fee (78p per £100 outstanding on the card balance), choose optional repayment protection against accident, sickness and disability, and Cardguard (from £15 per year). Cardguard protects ALL your bank, store and credit cards against loss or theft, anywhere in the world, 24/7/365. It can also cover the cost of replacing passports and drivers licences.

The card may not have lowest annual percentage rate on the market, but the package is second to none. If you are wanting a card that gives you flexibility of payments and excellent customer care, I would recommend the HSBC Gold Card

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Comments about this review »

chizzie 08.02.2004 21:34

I cant view the review - dont know if its a fault or just my comp. Will try again later and then rate it for you

mdstone 13.11.2003 12:54

don't you have to have a certain amount in your account to be eligible for this?

srxwilson 13.11.2003 12:52

I'm a big fan of HSBC/First Direct, but Halifax has a better credit card deal on offer at the moment: 9 months 0% on transfers and purchases. Cheers, Sarah

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More reviews »

HSBC Gold Card - review by scott1

Advantages: low interest rate
Disadvantages: no reward scheme

HSBC Gold Card - review by scott1 scott1 10.12.2002 · Read review
Ciao members have rated this review on average: very helpful
Review of HSBC Gold Card

HSBC Gold Card - review by GRAHAM774

Advantages: Level of customer services/support is first class
Disadvantages: I have not encountered any disadvantages

HSBC Gold Card - review by GRAHAM774 GRAHAM774 13.06.2003 · Read review
Ciao members have rated this review on average: somewhat helpful
Review of HSBC Gold Card



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