HSBC Credit Card Comparison

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HSBC Credit Card Comparison
	Red MasterCard Irresistible rewards for women	Gold Serving up more rewards	Platinum Visa Get closer to your dream vacation	Advance Visa Caters to all your needs	Premier MasterCard Highest level of personalized service
Feature¹
Caltex Rebate
Rewards Program		with accelerated rewards	with accelerated rewards	with accelerated rewards	with accelerated rewards
home&Away Privilege Program
HIP (HSBC's Installment Plan)
Eligibilty criteria
Income criteria per year	PHP200,000		PHP500,000	For Advance bank depositors	For Premier bank depositors
Other Bank Credit Card	Must have another locally-issued primary credit card in good standing for at least 12 months			N/A
Fees and charges
Primary Card Annual Fee (waived for the first year)	PHP1,200	PHP2,500	PHP5,000	PHP2,500	Waived
Supplementary Card Annual Fee	PHP600	PHP1,250	PHP2,500	PHP1,250	Waived
Retail Monthly Effective Interest Rate²	3.5% per month		2.75% per month	3% per month	2.75% per month
Cash Advance Monthly Effective Interest Rate²	3.75% per month		3.02% per month	3.27% per month	3.02% per month

Fees (All cards)

Cash advance fee

3% of amount drawn or P500, whichever is higher

Minimum amount due

	Four percent (4%) of your current billed balances (including cash advances, retail purchases, fees³, charges³ and the monthly amortization of installment transactions made prior to July 22, 2013), or PHP500, whichever is higher
+	100% of the fixed monthly amortization of installment transactions availed starting July 22, 2013 onwards
+	Past Due installment amortization amount for installments availed starting July 22, 2013 PLUS the corresponding full amount of finance charge incurred, if any
+	Any other Past Due or Overlimit amount, whichever is higher

Late payment fee

7.5% of the minimum due or PHP600, whichever is higher

Overlimit fee

PHP500 shall be charged if card account is overlimit on cut-off date

Returned check fee

PHP1000 shall be charged for check payments which are returned due to reasons such as but not limited to insufficient funds, unsecured deposit, or any other reasons resulting to bad faith by the cardholder

Sales slip retrieval fee

PHP275 for each sales slip retrieved upon cardholder's request

Card replacement fee

PHP400 for each replacement of lost, stolen or damaged card

Service fee for foreign currency transactions⁴

2.50% (from 1.75%) of the converted sum plus reimbursement of the assessment fee charged by Visa/MasterCard to HSBC equivalent to 1% of the converted sum

HSBC's installment plan pre-termination processing fee

PHP500 for each HSBC Installment Plan transaction pre-terminated

Annual Mileage Rewards Program Fee

PHP500 per mileage program upon enrollment (Waived for Platinum)

¹Terms and Conditions apply
²The Effective Interest Rate is computed based on the actual number of days in a particular month/year. The beginning of the interest date is from
the date of the transaction. If you pay any amount less than the Total Due/Total Account Balance or make a cash advance transaction, finance
charges at prevailing interest rates will be computed from the date of the transaction until the end of the current statement period.
³May be billed in full if your outstanding balance is composed purely of a) installment transactions starting July 22, 2013 or b) installment transactions starting July 22, 2013 and cash advance transactions
⁴Effective May 1, 2013. Details found on HSBC’s Terms and Conditions