HSBC Credit Card Offers in 2011
HSBC (Household Bank) credit cards have improved their features, terms and conditions slightly in 2011. In the past, these cards have been infamous for helping people with either no credit or unfavorable credit increase their credit standing by issuing one of three different types of cards to the consumer (either secured or unsecured with varying credit limits based on credit worthiness) then automatically reporting to the 3 major credit bureau’s monthly.
Here is how they work: You apply for an HSBC credit card online, then based on your consumer credit report HSBC will either issue you a secured credit card or unsecured credit card. They will disclose which type of card you qualify for before your application is processed. You’ll also likely be qualified in under 30 seconds, their application process is extremely fast.
HSBC Credit Card Features in 2011:
- 0% APR on purchases for 9 months after which you’ll receive a variable APR of 19.90%.
- Earn points on every dollar you spend, redeemable for 2% cash back or other rewards. This is a new feature of the card. Traditionally HSBC credit cards have been aimed at credit building, however now they’ve tossed in a fairly enticing cash back component.
- 24/7 Online Account access for easy and self-management of your account.
- The ability to set up email and text messages notifying you of your account status.
- Free online bill pay
