34-month interest-free balance transfer offer open to whole of market
HSBC credit cards are now available to those without an HSBC current account.
New and existing customers can apply for a credit card on HSBC’s website.
The card features its best ever balance transfer offer, launched in early December, which is a 34-month interest-free period on balance transfers.
Andy Mielczarek, Head of Retail Products at HSBC said:
“Traditionally we’ve only offered credit cards to HSBC current account customers, but we want the whole of the market to benefit from our great rates. Our card offers one of the longest 0% balance transfer periods you can get, and now more people than ever before will be able to apply. Whilst we’ll always make sure our customers get the best rates we have on offer, we think the rest of the market should have access to this deal too.”
Sylvia Waycot, Editor of Moneyfacts said:
“It's brilliant news that HSBC is offering not only a 34-month interest-free balance transfer period, but is also making the offer available to the wider market. Many people, especially after the expense of Christmas, are going to see this credit card as a golden opportunity to control their debt. What more could you ask for?”
HSBC current account customers can apply in branch, on the telephone or online. Those that do not have an HSBC current account can apply for a credit card at www.hsbc.co.uk/creditcards.
To be eligible to receive the 34-month 0% interest-free offer, balances must be transferred within 60 days of HSBC accepting an application. A 3.3% balance transfer fee is applied and there is no annual fee.