HSBC Credit Card Application: A guide for First Timers

HSBC is actually one of the largest banks inside the planet along with among the best credit card suppliers of the canon powershot a495 in the Philippines. They issue five types of credit cards that will cater to many lifestyles & requirements. All HSBC credit cards are available with an attractive incentive system, a 0 % installment plan, gasoline rebates, and other highly sought after deals.

By now acquired a card in mind? Here are the 4 measures to maintain in mind for your HSBC credit card application.

HSBC Credit Card Application Steps

1. Check in case You are Qualified for an Credit Card
Make sure you are qualified to put on for an HSBC credit card – this is the first & primary step inside the whole software method.

You can implement for one of HSBC credit cards in case you see all of these requirements:

In between 18 and seventy years old
A gross annual cash flow of at least P200,000 (for Reddish Mastercard and Gold Visa Cash Back ) or P500,000 (for Platinum Visa)
An HSBC Advance[1] account (for HSBC Advance Visa) or perhaps an HSBC Premier[2] savings account bank account (for HSBC Premier Mastercard)
Primary cardholder of a credit card that’s released by way of a savings account within the Philippines what happens in good standing for at least 12 months (for Reddish Mastercard, Gold Visa Cash Back, in addition to the Platinum Visa)

2. Get All your Supporting Documents Ready
HSBC is going to process your credit card program when it has received all the required documents[3]. Since some documents may require some time to get, specifically the government issued ones, it is better to prepare 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;
Every two of the following: SSS ID, PRC license, TIN ID, voter’s ID, birth certificate, police clearance, or organization ID (SEC-registered companies only)
For foreigners: Visa, Alien Certificate of Registration, or perhaps Immigration Certificate of Residence
Confirmation of income:

Employed applicants: Latest Income Tax Return/ITR, BIR Form 2316, or three months’ payslips
Self-employed applicants and entrepreneurs: Latest ITR, photocopy of small business registration with image, and monetary declaration for the previous three months
Overseas Filipino staff members (OFWs): certificate of written agreement or employment of work and also working visa, job permit, POEA issued OFW card, and POEA certificate
Evidence of residence: Latest utility billing claims 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
Before your actual physical credit card application, you need to know the most acceptable HSBC credit card in your case. Examine your options very carefully by comparing the various critical credit card features:

Yearly fee: Whether you can pay for the expense or maybe not
Interest rate: This won’t matter, however, if you’re sure you are able to fully repay your credit card sense of balance every month Rewards: The type of rewards provided needs to be for types you frequently spend on (e.g., traveling, shopping, dining, etc.)

4. File Your HSBC Credit Card Application
An HSBC credit card program could be done either in-branch or even online. You can check out any of the bank’s twigs within Metro Manila, Cebu, plus Davao and submit your supporting documents there.

HSBC Credit Card Online Application
In the event you want an internet credit card application, go to the HSBC Credit Cards page[4] on the bank’s recognized site as well as simply click the’ Apply Now’ key under your selected HSBC credit card.

Doing the internet application kind captures aproximatelly 10 minutes. to be able to create the process more quickly, obtain prepared with your valid ID number as well as credit card number from a different bank. Right after completing virtually all areas, push the’ Submit’ button.

You’ll receive a contact asking for for submitting your supporting scanned documents. Use the HSBC Online File Upload Service to transfer scanned documents for the HSBC credit card application on the web. It accepts images not more than 2MB found in PDF, JPEG, TIFF, and GIF formats.

HSBC requires around five to 10 functioning days or weeks to process a credit card program after obtaining your completed software form and all supporting scanned documents.

Finalized Thoughts
An credit card program is actually a straightforward procedure, particularly in case you are doing the actions the right way and post all the requirements. If you’re on the lookout for a far more adaptable credit card, you cannot fail with HSBC’s extensive choice of able credit cards.