HSBC Visa Credit Card is one of the most popular credit card used by people all over the globe for paying their expenses on various fields. The main reason for its popularity is its easiness in use and the associated low rate of interest along with the attractive offers attached with it.
The rate of interest charged by HSBC Visa Credit Card is very low in comparison to other cards offered by its peers. In the very recent times, a card under the Visa brand issued by HSBC credit card called “HSBC Low Rate Visa Credit Card” is charging no yearly rate of interest. But this offer remains valid for a restricted period of time, namely, till the end of the month of October of the year 2007.
This offer categorically mentions that anything that is bought within the last day of 2007 would attract a yearly rate of interest of 0%. HSBC Visa Credit Card with the 0% interest rate type is also applicable for transferring balances up to the last day of February 2008. Another perk that is offered along with this card type is the wavering of the amount of fee that has to be paid on an yearly basis.
Some of the general characteristic features of HSBC Visa Credit Card
Generally, the rate of interest that is being asked from the credit card holders on purchases revolves around 11.95 % per annum. In case of Cash Advances, this yearly rate of interest hovers around 15.95 %.
The annual fee attached with HSBC Visa Credit Card is not charged from the credit card holder for the first year and after this period an amount equivalent to thirty nine dollar needs to be paid by the customer.
Customers of this card type are entitled to withdraw cash from any part of the world with the ATM facility available at more than eight lac locations.
The grace period offered on HSBC Visa Credit Card is given for a maximum of 55 days.
This card is accepted by more than 22000000 merchants all over the globe who are registered with the VISA brand.