HSBC Gold Mastercard Credit Card: Fees, Benefits and More

HSBC is a popular banking leader in many countries around the world. Their HSBC Gold Mastercard credit card fits the bill for whoever wants to finance larger purchases or to avoid accruing interest.


While the card does come with perks you find in other cards, the Gold Mastercard has a unique feature. It comes with a forgiving policy when it comes to late payments.

The HSBC Gold Mastercard credit card is a worthwhile option. Let’s find out more about it!

How to Apply for the HSBC Gold Mastercard Credit Card


The HSBC Gold Mastercard credit card comes with 0% introductory APR on all purchases and balance transfers.

This applies for the first year and a half once you opened the account. Afterward, there is a variable APR, which ranges between 13.99% and 23.99%. 


The lengthy 0% introduction APR is ideal if you want to finance a bulky purchase or transfer your balance from another credit card with a high interest.

With the HSBC Gold Mastercard, if you miss the due date of the bill, there’s no problem. The card comes with a late fee waiver, and, unlike other options, it does not have any penalty APR.


The highlights of these credit card include the 18-month 0% APR on all balance transfers and purchases, followed by the late fee waiver and no penalty APR. On top of everything, it also comes with numerous travel benefits.

For instance, it includes an auto rental collision damager waiver, discounter airport services, and travel accident insurance. In terms of security, the HSBC Gold Mastercard credit card comes with ID theft protection services and emergency card services.

As a result, the HSBC Gold Mastercard is ideal for you if you want to transfer your balance from a high-interest card since it offers you 18 months to pay it off without any interest.

Furthermore, if you have a good credit score, you can qualify for a low APR. 

Lastly, the travel benefits are excellent for anyone who travels often, and there is no foreign transaction fee. In other words, you can use the HSBC Gold Mastercard anywhere in the world without paying any fees on foreign transactions.

Who is Eligible

Your credit score plays an important role when it comes to qualifying for the HSBC Gold Mastercard. It is recommended to have a minimum of 700, and 18 years old, or the age of majority in your state.

To find out how much of a loan you qualify for, take a look here.

Fees and Interest

There is 0% introductory APR for the first 18 months after you open your HSBC account. Afterward, the APR can vary between 13.99% and 23.99%, depending on your credit score. It is best to avoid outstanding balances.

In terms of balance transfers, these carry 0% APR for the same 18 months, and then your usual APR rate. Cash advances come with 24.99% APR but can vary according to the Prime Rate.

The minimum interest charge, for those who qualify, is a minimum of $1. There are no annual fees, and there are the following transaction fees.

  • Balance transfers: $10 or 4%, whichever is greater
  • Checks: $10 or 4%, whichever is greater
  • Cash advances: $10 or 5%, whichever is greater
  • Overdraft transactions: $10 or 5%, whichever is greater

The late payments amount to $0 for 12 months, and up to $39 afterward.

Bank Contact Info

Here are the contact details for HSBC bank.

Address: HSBC Bank USA, NA. PO. Box 2013, Buffalo, NY 14240

Phone Number: 800.485.1794

How to Apply for the HSBC Gold Mastercard Credit Card


With a potential APR of only 13.99% and numerous other perks, HSBC Gold Mastercard is an excellent choice. If you want to pay off your balance or plan a larger purchase, there is no other better option than this card. However, it does not come with any other rewards or perks like other cards. It is also a suitable choice if you often travel, thanks to the no foreign transaction fee!

Note: There are risks involved when applying for and using credit. Consult the bank’s terms and conditions page for more information.