When does HSBC discontinue the balance conversion offer?

HSBC may at its discretion discontinue the Balance Conversion Offer at anytime during the pendency of the Offer, foreclose the loan and debit the entire outstanding amount to the Credit Card.

What happens if there is no purchase outstanding on HSBC credit card?

In case there is no purchase outstanding, the payment made in excess of the Total Payment Due will be adjusted in accordance with the ‘payment hierarchy’, (EMI, Cash advances, Purchase outstanding and Balance Transfer in descending order of interest rates). To preclose the Balance Conversion facility, the cardholder should call HSBC PhoneBanking.

How to check your HSBC credit card balance online?

1 Visit HSBC internet banking page 2 Enter your username/Internet banking ID and password 3 Click on the ‘Credit Cards’ section to get the details of your credit card

Can a HSBC credit card be converted into a loan?

The Hongkong and Shanghai Banking Corporation Limited, India (HSBC) offers you to convert the retail outstanding balance on the HSBC Credit Card (hereinafter referred to as ‘Credit Card’) into loan and pay back in instalments (hereinafter referred as ‘Offer’ or ‘Balcon’ or ‘Balance Conversion’). Any participation is voluntary.

Is there a 0% balance conversion plan for HSBC?

HSBC’s 0% Card Balance Conversion Plan (“0% Balcon”) is open to all HSBC Credit Cardholders (“Cardholder”) of good credit standing. It allows Cardholders to convert valid straight retail transactions on their HSBC Credit Card (the “Card”) i nto installment at 0% interest for 3 or 6 months. 2.

How does the 0% Balcon work at HSBC?

1. HSBC’s 0% Card Balance Conversion Plan (“0% Balcon”) is limited to select primary HSBC Credit Cardholders (“Cardholder”) of good credit standing. It allows Cardholders to convert valid straight retail transactions on their HSBC Credi t Card (the “Card”) into installment at 0% interest for 3 or 6 months. 2.

How to get 0% interest on HSBC card?

It allows Cardholders to convert valid straight retail transactions on their HSBC Credi t Card (the “Card”) into installment at 0% interest for 3 or 6 months. 2. To apply, Cardholders must complete and submit the online form within thirty (30) days from the date the transaction was posted on the Cardholder’s card acco unt.

Is the beyond banking article true about HSBC?

While HSBC is pleased to offer this Beyond Banking article as an educational service to our customers, HSBC does not guarantee, warrant or recommend the opinion or advice or the product and/or services offered or mentioned in this article.