HSBC Credit Card Comparison

HSBC Credit Card Comparison
	Classic Worldwide purchasing power	Red MasterCard Irresistible rewards for women	Gold Take pleasure in a winning experience	Advance Visa Caters to all your needs	Platinum Visa Your ticket to the world	Premier MasterCard Highest level of personalized service
Feature
Caltex Rebate	Yes	Yes	Yes	Yes	Yes	Yes
Rewards Program	Yes	Yes	Yes	Yes	Yes	Yes
home&Away Privilege Program	Yes		Yes	Yes	Yes	Yes
HIP (HSBC's Installment Plan)	Yes	Yes	Yes	Yes	Yes	Yes
Eligibilty criteria
Income criteria	PHP160,000		PHP360,000	For Advance  bank depositors	PHP1,000,000	For Premier bank depositors
Fees and charges
Primary Card  Annual Fee (waived  for the first year)	PHP1,200	PHP1,200	PHP2,500	PHP2,500	PHP5,000	Waived
Supplementary Card  Annual Fee	PHP600	PHP600	PHP1,250	PHP1,250	PHP2,500	Waived
Finance charge   (computed using  average daily  balance)	3.5% per month (or 42% annually)			3% per month	2.75% per month	2.75% per month

 

Fees (All cards)
Cash advance fee	3% of amount drawn or P500, whichever is higher
Minimum amount due	4% of your Total Due or Php500 whichever is higher. In addition to the current minimum payment due, it includes any overdue and/or overlimit amount on your account.
Late payment fee	7.5% of the minimum due or P600, whichever is higher
Overlimit fee	P500 shall be charged if card account is overlimit on cut-off date
Returned check fee	P1000 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	P275 for each sales slip retrieved upon cardholder's request
Card replacement fee	P400 for each replacement of lost, stolen or damaged card
Service fee for foreign currency transactions	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	P500 for each HSBC Installment Plan transaction pre-terminated
Annual Mileage Rewards Program Fee	P500 per mileage program upon enrollment (Waived for Platinum)