If you want a credit card with long interest-free periods and no annual fees, the HSBC Purchase Plus Credit Card is a strong option.
This card gives you more time to pay without interest and added perks for everyday use.
In this article, you’ll learn what the card offers, how to apply online, and what conditions apply. Read through everything before submitting your application.
What Is the HSBC Purchase Plus Credit Card?
This credit card is designed for people who want to spread out purchases or transfer a balance. It offers long 0% interest periods and no annual fee.
The card is backed by HSBC’s global network and comes with useful everyday features. If used right, it can help you manage your finances more efficiently.
You get up to 20 months of 0% interest on purchases from the date of account opening. For balance transfers, you can get up to 17 months interest-free, provided you act within 60 days.
There’s no annual fee to worry about, which makes it ideal for budget-conscious users. Overall, it’s a versatile card with low ongoing costs if paid off in time.
Key Features and Benefits
Before applying, know exactly what you’re getting. These are the top features that set the HSBC Purchase Plus Credit Card apart:
Interest-Free Purchases
You’ll benefit from up to 20 months of 0% interest on purchases starting from account opening.
This lets you make big-ticket buys and pay over time without extra cost. After the promotional period, interest reverts to 24.9% APR (variable).
To avoid charges, always pay off your balance before the interest-free period ends.
Interest-Free Balance Transfers
Transfers made within 60 days enjoy 0% interest for up to 17 months. There’s a 3.49% balance transfer fee, with a minimum of £5 per transfer.
If you have high-interest debt elsewhere, this card can help reduce it faster. Again, any balance unpaid after the promo will attract standard interest.
No Annual Fee
The card charges no annual fee, which makes it an easy choice for long-term use. You don’t need to worry about losing value due to hidden charges.
Even if you use it lightly, it won’t cost you anything to keep the card. This adds flexibility, especially if you’re testing out a new card.
Additional Everyday Benefits
Beyond the basics, this card includes lifestyle and security features that make spending and managing your card easier. Here’s what else you’ll get:
- Purchase protection: Section 75 covers you on purchases between £100 and £30,000.
- 24/7 worldwide support: Emergency assistance and cash advance services are available.
- No-fuss digital management: Use online banking or the HSBC Mobile App to control your card.
- International use: Accepted globally via Visa or Mastercard networks.
- Offers and discounts: HSBC cardholders get access to exclusive promotions.
- Digital wallets: Works with Apple Pay and Google Pay.
These perks make the card useful beyond its core interest-free offers. It's built for real-world spending and control.
Interest Rates and Fees
This section outlines what you’ll pay if you don’t clear your balance or go outside the promo terms.
- Purchase rate after offer: 24.9% p.a. (variable).
- Balance transfer fee: 3.49% per transfer, minimum £5.
- Cash advance rate: Similar to the purchase rate or higher; fees apply.
- Annual fee: £0.
APR is based on an assumed credit limit of £1,200. Actual limits and offers may vary based on your credit profile.
Who Can Apply?
Eligibility rules are strict. Make sure you meet all of these before applying:
- You must be 18 or older.
- You need to be a UK resident.
- You should have a taxable income or pension of at least £6,800 per year.
- You must not hold an HSBC Basic Bank Account.
- You haven’t opened a new HSBC credit card or had a limit increase in the last 6 months.
- You don’t already hold this exact card or similar ones under HSBC UK, M&S Bank, or First Direct.
If you don’t meet these, your application will likely be declined.
How to Apply Online for the HSBC Purchase Plus Credit Card?
You can apply online in a few simple steps. Here's how to start and what to expect:
Step-by-Step Application Process
Applying for the HSBC Purchase Plus Credit Card online is quick and user-friendly. Make sure you have your documents ready and follow each step carefully to avoid delays.
- Go to the HSBC UK credit card page.
- Select Purchase Plus Credit Card and click Apply Now.
- Fill in your personal, employment, and income details.
- Upload ID and proof of income.
- Review and submit your application.
Approval depends on credit checks and affordability. You’ll get a decision usually within a few working days.
Required Documents
You may be asked for:
- Government-issued photo ID (passport or driver's license).
- Proof of UK address (utility bill, council tax bill).
- Recent payslips or bank statements.
- Prepare these in advance to speed up the process.
Disclaimer: Promotional offers vary and may change without notice. You must review the full terms and check your eligibility before applying.
Contact Details and Activation Support
If you have questions or need to activate your card, HSBC offers 24/7 support. For credit card assistance, call 0800 328 1370. For debit cards, call 0800 783 5263.
You can also access help through the HSBC website or mobile app. Activation is quick and can be completed in under 60 seconds.
FAQs About HSBC Purchase Plus Credit Card
Here are answers to questions you might have before applying:
- Can I apply if I’m self-employed?
Yes, but you’ll need to show proof of income like tax returns or bank statements. - What happens after the 0% interest period?
The purchase or balance transfer rate reverts to 24.9% APR (variable). - Can I manage the card through mobile?
Yes. Use the HSBC Mobile App to pay bills, view balances, or freeze your card. - What if I already have an HSBC card?
You can’t apply if you currently hold this card or have opened another HSBC card in the last 6 months. - How do I activate my card?
Call 0800 328 1370. It takes under 60 seconds to activate by phone.
Final Thoughts: Should You Apply for the HSBC Purchase Plus Credit Card?
This HSBC Purchase Plus Credit Card offers long interest-free periods, no annual fee, and essential benefits like purchase protection and international use.
It's good for people who need time to pay off purchases or want to move a balance without paying interest for over a year.
Just make sure you’re eligible, understand the fees, and plan to repay before the 0% ends. If it fits your needs, the online application is simple—you can complete it in minutes.
