HSBC Credit Card Application: An instructions manual for First Timers

HSBC is among the largest banks in the planet along with among the best credit card distributors of the powershot a495 in the Philippines. They issue five types of credit cards that will cater to many lifestyles and requirements. Every HSBC credit cards have an enticing reward program, a 0 % installment plan, energy discounts, and other extraordinary deals.

Previously obtained a card in mind? Allow me to share the 4 steps to hold in mind on your HSBC credit card program.

HSBC Credit Card Application Steps

1. Check in case You are Qualified for an HSBC Credit Card
Make certain you are eligible to put on for an HSBC credit card – this’s the first & most important stage inside the entire software method.

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

In between eighteen and 70 yrs old
A gross annual income with a minimum of P200,000 (for Red colored Mastercard along with Gold Visa Cash Back P500,000 or) (for Platinum Visa)
An HSBC Advance[1] savings account (for HSBC Advance Visa) or an HSBC Premier[2] bank account account (for HSBC Premier Mastercard)
Major cardholder of a credit card that is issued by way of a bank within the Philippines and in set that is fine for a minimum of 12 weeks (for Cherry red Mastercard, Gold Visa Cash Back, as well as Platinum Visa)

2. Get All of your Supporting Documents Ready
HSBC will process your credit card application only when it’s received all the required documents[3]. Since a number of time is taken by some papers to obtain, specifically the government-issued models, it is advisable to ready them initially before you continue with putting on for a credit card.

HSBC Credit Card Requirements:
Evidence of identity:

The following: passport, postal ID, driver’s license, or NBI clearance;
Every 2 of the following: SSS ID, PRC license, TIN ID, voter’s ID, birth certificate, police clearance, or organization ID (SEC registered businesses only)
For foreigners: Visa, Alien Certificate of Registration, or maybe Immigration Certificate of Residence
Proof of income:

Utilized applicants: Latest Income Tax Return/ITR, BIR Form 2316, or even 3 months’ payslips
Self-employed applicants and also entrepreneurs: Latest ITR, photocopy of small business registration with photo, and therefore monetary statement for the last three months
Overseas Filipino employees (OFWs): certificate of employment or agreement of employment and working visa, work permit, POEA issued OFW card, or POEA certificate
Confirmation of residence: Latest energy billing claims known as under the applicant, dealt with to the applicant’s residence, and also issued within the previous three months


3. Choose which HSBC Credit Card to Apply For
Previous to your real credit card program, you need to are aware of the most appropriate HSBC credit card for your needs. Look at the options of yours very carefully by looking at the different crucial credit card features:

Yearly fee: Whether you are able to pay for the cost or maybe not
Interest rate: This will not matter, nevertheless, if you’re sure that you can totally repay your credit card sense of balance every month Rewards: The kind of rewards extended needs to be for different types you often pay for (e.g., traveling, shopping, dining, etc.)

4. File Your HSBC Credit Card Application
An HSBC credit card software may be done often in-branch or on the web. You can go to any of the bank’s twigs within Metro Manila, Cebu, and also Davao and also publish your supporting electronic documents there.

HSBC Credit Card Online Application
In the event you prefer an internet credit card program, go to the HSBC Credit Cards page[4] on the bank’s official site and just click the’ Apply Now’ key beneath your chosen HSBC credit card.

Completing the web based program form shoots aproximatelly ten minutes. to be able to make doing this faster, get prepared with your legitimate ID number and also credit card selection from another bank account. After filling out all fields, push the’ Submit’ key.

You’ll receive a contact requesting for submitting the supporting scanned documents of yours. Take advantage of the HSBC Online File Upload Service to post scanned documents for the HSBC credit card application online. It accepts images not more than 2MB found in PDF, JPEG, TIFF, and GIF formats.

HSBC require around five to ten working days or weeks to process a credit card application upon receiving your completed application style as well as all supporting electronic documents.

Ultimate Thoughts
An credit card software is a simple procedure, specifically if you will do the measures correctly & submit every one of the demands. When you are on the lookout for a more adaptable credit card, you cannot go wrong with HSBC’s in depth choice of competent credit cards.