What's good
- 0% Introductory APR
- No annual fee
- No foreign transaction fee
- Late Fee Waiver
- Mobile banking
- $0 liability for unauthorized purchases
What's bad
- No rewards
- No signup bonus
- Not much long-term value
- High balance transfer fee
Am I eligible?
To get this card, you must also:
Note: This information is only intended as a guide. The final decision is up to the bank and your application could still be rejected even if you can answer 'Yes' to all the minimum criteria above. Always consider your options and your financial situation before you apply for a credit card.
What the Critics Are Saying...
- Brooklyn Lowery, CardRatings.comThe HSBC Gold Mastercard® credit card is made for someone looking to transfer a balance from a high-APR credit card and paying down debt without worrying about finance charges. This card gives you 18 months without an APR, which can help you chop down your debt quickly. The card also doesn't charge...
- Larissa Runkle, FinanceBuzzThe HSBC Gold Mastercard requires good-to-excellent credit, but if you qualify, the benefits might be well worth it. The card is pretty forgiving on fees, with no annual or foreign transaction fees; one late-payment fee is also waived every year. Those in need of an affordable way to complete a bala...
- Holly D. Johnson, Dale Brauner, The BalanceIf you’re looking for a good everyday card, this card’s lack of fees is appealing, but the card is also lacking rewards and a bonus for new cardholders, which you can readily find elsewhere.
- Sara Rathner, NerdWalletIt's a good pick if you're financing a large purchase or looking to transfer a high-interest balance. It can also save you money on fees in general.
- Chauncey Crail, Robin Saks Frankel, ForbesFor those who want to use the balance transfer features of this card, there might be use for the HSBC Gold Mastercard. For those who don’t plan to hold a balance long term, a cash back card might be better. The travel benefits are a nice perk of this card, but with so many cash back and other reward...
Details
| Interest Rates | |
|---|---|
| Regular APR Interest Rate |
13.99% ‐ 23.99% (Variable) (0% for the first 18 months) This APR will vary with the market based on the Prime Rate. |
| Balance Transfer Interest Rate |
13.99% ‐ 23.99% (Variable) (0% for the first 18 months) This APR will vary with the market based on the Prime Rate. |
| Cash Advance Interest Rate |
24.99% (Variable) This APR will vary with the market based on the Prime Rate. |
| Rates & Fees | |
| Annual Fee | $0.00 |
| Balance Transfer Fee |
4% Minimum of $10 |
| Cash Advance Fee |
5% Minimum of $10 |
| Foreign Transaction Fee | $0.00 |
| Over Limit Fee | $0.00 |
| Late Payment Fee |
$39.00 Maximum |
| Promotions | |
| Sign up bonus | No |
| Rewards | |
| All Purchases | No |
| Restaurants | No |
| Gas | No |
| Groceries | No |
| Hotels | No |
| Travel | No |
| Pharmacy | No |
| Bills | No |
| Features & Benefits | |
| Additional Card Holders | Yes |
| Travel Accident Insurance | Yes |
| Car Rental Insurance | Yes |
| Car Rental Discount | No |
| Extended Warranty | Yes |
| Purchase Protection | Yes |
| Zero Liability | Yes |
| No Foreign Transaction Fees | Yes |
| Emergency Assistance | Yes |
| Concierge Service | Yes |
| Price Protection | Yes |
| Fraud Protection | Yes |
| Free Credit Scores | Yes |
| Wireless Payments | Apple Pay, Samsung Pay, Google Pay |
| Virtual Cards | No |
| Additional Benefits |
|
| Eligibility | |
| Minimum Security Deposit | $0 |
| Minimum Age | 18 |
| Minimum Personal Income | |
| Temporary Residents | No |
| More | |
| Additional comments | - |
| Terms & Conditions | Official Terms & Conditions |
| Suggest a correction |
Disclaimer: All products, logos, images and trademarks are the property of their respective owners. Content is not provided or commissioned by any company mentioned. Any views, analyses, or recommendations expressed here are those of the author's alone, and may not have been reviewed, approved or otherwise endorsed by any company mentioned.
Information in this article is believed to be accurate at the time it was written, but terms and conditions may change at any time. All information is presented without warranty or guarantee. Please verify all terms and conditions of any credit card prior to applying.
Mastercard is a registered trademark, and the circles design is a trademark of Mastercard International Incorporated.
The Informr is an independent, advertising supported website and may receive compensation for sponsorships or when you click on certain affiliated links.
Use this card?
Help inform others by sharing your experience with HSBC Gold Mastercard® credit card