Hsbc Credit Card No Foreign Transaction Fee

Hsbc credit card no foreign transaction fee. With a credit card the cash fee may be around 3 per cent minimum 3. For hsbc customers there s a non sterling cash fee of around 2 per cent minimum 1 75 on withdrawals using a debit card. Depending on your card you may be charged a foreign transaction fee if you re traveling and making purchases outside the u s or just buying something from a merchant based outside the states. They have three versions of their card from a no fee mastercard to a world elite mastercard at 199.

Whether it s the big 5 banks independent issuers like american express or smaller financial institutions the 2 5 foreign transaction fee is pretty much the norm across the industry. Hsbc s card has an annual interest rate of 17 9 along with an annual fee of 149. There is no annual fee or foreign transaction fee. Hsbc credit cards are issued by hsbc bank usa n a subject to credit approval.

You earn points or cash rewards when you use your card to make new purchases minus returns credits and adjustments. Hsbc world elite mastercard. Hsbc has competition in this space with the rogers platinum mastercard offering 4 cash back on all foreign purchases and 1 75 on everything else. Hsbc credit cards with no.

See summary of terms for details. This card has no annual fee no foreign exchange fee and no limits on the amount of rewards you can earn. For the mastercard side your best option instead of the hsbc card would be the rogers world elite mastercard or one of the brim financial mastercards. If you use your card to withdraw money from a cash machine there s often a separate atm fee on top of the non sterling transaction fee.

For any trip or purchase you make that s not in canadian dollars you ll save that 2 5 fee for yourself. Compare our hand picked best offers for credit cards with no foreign transaction fees and apply online. The 4 reward is meant to cover the cost of the 2 5 3 foreign transaction fees. This is fairly unusual as most providers will only waive this fee for travel products.

A fantastic card for building or rebuilding your credit the also comes with a slightly reduced foreign exchange transaction fee of 2 instead of the usual 2 5. All three of the cards feature no foreign transaction fees. Non travel products often come with a foreign transaction fee of 3 on every purchase made abroad or on a foreign website. Don t let fees ruin your trip abroad.

Hsbc charges zero foreign transaction fees for any of its cards not even for its non travel products. Canadian credit cards with no foreign transaction fee. A foreign transaction fee also known as a foreign currency exchange fee is an extra charge for credit card purchases made in foreign currency.