HSBC Offering Up To £500 Credit On Their Student Credit Card

Students looking for a credit card suitable for their needs will be glad to know that HSBC is offering a credit card with a maximum of GBP 500 for those still in school. Currents and interested clients can enjoy cash backs from a wide variety of brands. They can also expect to make contactless transactions and mobile payments through Apple Pay, Samsung Pay, and Google Pay.

Mobile banking options are also available, enabling users to manage their accounts online through the HSBC Mobile Banking App.

Students who expect to travel abroad during their ownership will have the benefit the bank’s 24-hour global assistance, which they can avail anywhere in the globe. This card is also available for use abroad as long as the merchant or machine supports your card. However, customers are reminded that fees may apply.

Targeted to students, this credit card offers minimal interest rates for purchases (1.456% monthly or 18.9% annually) and cash advances (1.784% monthly or 23.6% annually). Default charges of GBP 12 for late payments, GBP 12 for credit over-limit and GBP 5 for unpaid payments also apply.

The good news is cardholders can enjoy a maximum of 56 interest-free days for purchases after paying monthly balances in full on time. This offering is also free of annual fees

Students interested in availing an HSBC Student Credit Card are encouraged to check out the bank’s website for online applications. However, candidates must be over 19 years old, a holder of an HSBC Student Bank Account and is a resident of the United Kingdom for a minimum of three years. Those without an HSBC Student Bank Account are required to get one and are reminded that a confirmed place to study is needed.

Applicants also have the option to go directly into a branch and follow the on-site application process. Unfortunately, residents of the Channel Islands and the Isle of Man are not qualified for application.

The bank encourages applicants to keep in mind that the success of the application depends on their status, affordability, as well as terms and conditions.

RELATED ARTICLES

Program for an Electric Vehicle Tax Credit for Union-Built Vehicles
Credit

Program for an Electric Vehicle Tax Credit for Union-Built Vehicles Faces Obstacle

House Democrats' plan to provide customers with an additional option to encourage union-built vehicles has sparked controversy and discussion among legislators, manufacturers, and other parties. The House Ways and Means Committee last week cleared the tax breaks for consideration in the Democrats' $3.5 trillion budget bill measure, despite vocal objections...
Williams-Sonoma Key Rewards Credit Card Program
Credit

Williams-Sonoma and Capital One Introduce The Key Rewards Credit Card Program

Williams-Sonoma, Inc., a leading American home retail company, revealed that it has partnered with bank holding company Capital One to introduce the Key Rewards Credit Card Program. The company’s top-level Key Rewards program is upgraded with new credit cards. Cardholders can accumulate rewards when they shop at Williams Sonoma, Inc....
Federal Bank Credit Cards In Partnership With Visa
Credit

Federal Bank Introduces Credit Cards In Partnership With Visa

Federal Bank has announced the introduction of its credit card in India. To offer credit cards to its current clients, the private banking company has collaborated with Visa, the worldwide financial services corporation. As per Shyam Srinivasan, Managing Director and CEO of Federal Bank, the issuance of the card would...
Wells Fargo Personal Credit Lines Closure Plan
Credit

Wells Fargo Drops Personal Credit Lines Closure Plan

Wells Fargo & Co. sparked a public outcry when it announced plans to phase down personal lines of credit in July, but the firm will reverse direction on August 18, 2021. Customers who have been using their personal credit lines have just received notice from the San Francisco-based lender...
Universal Credit Human Rights Legislation
Credit

The Reduction in Universal Credit Violates Human Rights Legislation

According to the UN's poverty expert, reducing universal credit by £20 per week is an "unjustifiable" decision that violates human rights law and would certainly lead to an expansion of poverty. The retreat of the £1,000-a-year uplift from next month, according to Olivier De Schutter, the UN-appointed chair of the...
Credit Cards Dark Web Data Leak
Credit

Hackers Leak 1M Credit Cards on the Dark Web

One million stolen credit cards have been posted by hackers on the Dark Web through AllWorld.Cards. The act was reportedly done by cybercriminals in an attempt to promote their activities and operations, as well as make their organization known. The leaked credit card information was discovered by cybersecurity researchers from...
Carter’s Child Tax Credit May Boost Children’s Apparel Business
Credit

Carter’s Says Child Tax Credit May Boost Children’s Apparel Business

Carter’s, an American retailer for children’s apparel, says that with the new child tax credit rolling out across the United States, and as the usual shopping for back-to-school resumes, the company is confident about its opportunities. To meet the consumers’ demand, the company is being compelled to pay extra to...
Younited Credit Yields Million in Fund
Credit

Younited Credit Yields $170 Million in Fund Round

Younited Credit, a France-based company, has secured $170 million in fund round. Consumers in Europe can choose from a variety of credit options offered by the startup. It also employs a multi-distribution method. The funding round, which is led by Goldman Sachs, has participants including existing investors such as Bpifrance,...
Sterling Construction Modifies Credit Agreement
Credit

Sterling Construction Modifies Credit Agreement with BMO Harris Bank

Sterling Construction Company, Inc. has modified its current credit agreement with BMO Harris Bank, its lending group. It has revealed that numerous terms of the agreement are revised. Two of the terms include lowering the existing credit agreement borrowing interest rate by 2% points and reducing the credit agreement's future...