HSBC Bank offers several different credit cards, but some of those options require cardholders to have an account with the bank.
Here’s what you need to know about our picks for the best card for each category.
How we picked these cards
To choose the best credit card for each category, we reviewed all the credit cards offered by HSBC Bank and identified which ones offered the most valuable rewards or features in each category. These are meant to fit different spending profiles or cardholder needs.
We also considered card requirements. For example, some HSBC credit cards require you to hold an account with the bank to apply. That may be restrictive for those who don’t have an HSBC checking account or can’t maintain the minimum balance or monthly direct deposits required. Then, we compared the cards’ fees and interest rates, noting where they offer an intro APR for purchases and balance transfers, charge an annual fee or carry a balance transfer fee or foreign transaction fee.
How to make the most of HSBC credit cards
If you’re looking to apply for an HSBC card, be sure to check out the fine print. Some cards are only available for HSBC members.
Although these cards offer solid rewards and benefits, qualifying for an HSBC relationship can mean keeping a lot of your money in an HSBC account. If you fall below the minimum deposit amount, you may have to pay a monthly maintenance fee on top of an annual fee on the credit card. So consider whether having a card like this would be worthwhile.
Once you select a card — if you’re approved — you can use it to build a solid credit history. That will mean paying your bill on time and in full each month; keeping the account open to build a credit history; and keeping the balance low, usually around 30% of the credit limit. If you establish strong credit, you may be able to take on bigger credit responsibilities like getting an auto loan or personal loan.
*Approval Odds are not a guarantee of approval. Credit Karma determines Approval Odds by comparing your credit profile to other Credit Karma members who were approved for the card shown, or whether you meet certain criteria determined by the lender. Of course, there’s no such thing as a sure thing, but knowing your Approval Odds may help you narrow down your choices. For example, you may not be approved because you don’t meet the lender’s “ability to pay standard” after they verify your income and employment; or, you already have the maximum number of accounts with that specific lender.