HSBC Credit Card Application: A guide for First Timers

HSBC is actually one of the largest banks within the planet along with one of the best credit card providers of the powershot a495 in the Philippines. They issue five types of credit cards that cater to various lifestyles & requirements. All HSBC credit cards are available with an appealing incentive system, a zero % installment plan, gasoline rebates, along with other exclusive deals.

Already acquired a card in mind? Listed here are the 4 steps to maintain in your mind for your HSBC credit card application.

HSBC Credit Card Application Steps

1. Check in case You are Qualified for an HSBC Credit Card
Make sure you are qualified to utilize for an HSBC credit card – this is the first and most important stage inside the entire application operation.

You are able to apply for an example of HSBC credit cards in case you see all of these requirements:

In between eighteen and seventy yrs old
A gross yearly income that is at least P200,000 (for Cherry red Mastercard along with Gold Visa Cash Back ) or P500,000 (for Platinum Visa)
An HSBC Advance[1] savings account (for HSBC Advance Visa) or an HSBC Premier[2] bank account (for HSBC Premier Mastercard)
Primary cardholder of a credit card that’s issued by a bank account in the Philippines what happens in standing which is good for at least 12 months (for Red Mastercard, Gold Visa Cash Back, and Platinum Visa)

2. Get All of your Supporting Documents Ready
HSBC will process your credit card program when it’s received each of the needed documents[3]. Since a while is taken by some written documents to get, specifically the government-issued ones, it is best to check them initially prior to deciding to move with putting on for a credit card.

HSBC Credit Card Requirements:
Evidence of identity:

Some of the following: passport, postal ID, driver’s license, and NBI clearance;
Any two of this following: SSS ID, PRC license, TIN ID, voter’s ID, police clearance, birth certificate, or business ID (SEC registered businesses only)
For foreigners: Visa, Alien Certificate of Registration, or perhaps Immigration Certificate of Residence
Confirmation of income:

Utilized applicants: Latest Income Tax Return/ITR, BIR Form 2316, or even 3 months’ payslips
Self-employed applicants as well as entrepreneurs: Latest ITR, photocopy of small business registration with photo, and then economic declaration for your last three months
Overseas Filipino employees (OFWs): certificate of contract or employment of work and also working together visa, job permit, POEA issued OFW card, and POEA certificate
Confirmation of residence: Latest energy billing assertions named under the applicant, answered to the applicant’s residence, and issued inside the last 3 months


3. Decide which HSBC Credit Card to Apply For
Previous to your legitimate credit card application, you have to understand one of the most suitable HSBC credit card in your case. Look at your options carefully by evaluating the many different crucial credit card features:

Yearly fee: Whether you can pay for the cost or maybe not
Interest rate: This won’t make a difference, nevertheless, if you are positive that you can fully repay your credit card balance each month Rewards: The type of rewards offered must be for types you frequently pay for (e.g., journey, going shopping, dining, etc.)

4. File Your HSBC Credit Card Application
An HSBC credit card program could be done often in-branch or perhaps online. You are able to check out the bank’s twigs within Metro Manila, Cebu, and Davao and also publish your supporting documents there.

HSBC Credit Card Online Application
In the event you prefer a web based credit card application, go to the HSBC Credit Cards page[4] on the bank’s recognized site and also simply click the’ Apply Now’ button underneath your chosen HSBC credit card.

Completing the web based program type snaps aproximatelly 10 mins. In order to create the task more quickly, get equipped with your legitimate ID number as well as credit card number grown in a different bank. After completing virtually all areas, press the’ Submit’ key.

You will get a contact requiring for submitting your supporting electronic documents. Make use of the HSBC Online File Upload Service to post electronic documents for the HSBC credit card application on the web. It accepts photos not more than 2MB in PDF, JPEG, TIFF, and GIF formats.

HSBC require around five to 10 working days to thing to do a credit card program soon after acquiring your completed software variety and all supporting scanned documents.

Final Thoughts
An credit card software is actually an easy process, particularly in case you are doing the actions correctly and submit all of the needs. If you’re searching for a far more adaptable credit card, you can’t go wrong with HSBC’s in depth selection of competent credit cards.