Can you prequalify for HSBC credit cards? |
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Can you prequalify for HSBC credit cards?

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There’s no prequalification tool, but you may get a preapproval letter.

With prequalification, you can check for credit cards that fit your credit profile. While HSBC doesn’t offer this option, you can increase your chances of getting a preapproval letter by maintaining good credit.

Our pick for applicants with good to excellent credit

HSBC Cash Rewards Mastercard® credit card

  • Earn unlimited 1.5% cash rewards on all purchases
  • Earn a $150 cash rewards intro bonus after spending $2,500 in the first 3 months
  • 10% anniversary bonus on all cash rewards earned once a year
  • No annual fee
  • 0% Intro APR for 15 months on balance transfers, then a 15.24%, 19.24% or 25.24% variable APR
  • No foreign transaction fees
  • $0 liability for unauthorized purchases
  • Terms apply
  • See rates & fees
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Compare HSBC credit cards

HSBC products often include rewards, intro APRs and signup bonuses, so the provider prefers customers with a good to excellent credit score of 670 and above.

Updated March 26th, 2019
Name Product Filter values Annual Fee APR for Purchases (Purchase Rate) Intro APR for Balance Transfer
15.24%, 19.24% or 25.24% variable
0% for the first 15 months (then 15.24%, 19.24% or 25.24% variable)
Earn unlimited 1.5% cash rewards on purchases. See Rates and Fees.
13.24%, 17.24% or 21.24% variable
0% for the first 18 months (then 13.24%, 17.24% or 21.24% variable)
An 18 months 0% intro APR period on both purchases and balance transfers, plus zero foreign transaction fees, makes this is a strong well-rounded card. See Rates and Fees
15.24%, 19.24%, or 25.24% variable
0% for the first 12 months (then 15.24%, 19.24%, or 25.24% variable)
Earn 15,000 Rewards Program Bonus Points (?Bonus Points?) which can be redeemed for $150 cash back after you spend $ $500 or more in new card purchases in your first 3 months from credit card Account opening
HSBC Advance Mastercard® credit card
HSBC Advance Mastercard® credit card
$0 intro annual fee for the first year ($45 thereafter)
17.24% to 21.24% variable
0% for the first 12 months (then 17.24% to 21.24% variable)
Earn 25,000 Rewards Program Bonus Points, worth $250 in gift cards, after spending $1,500 or more in the first 3 months from account opening.
17.24% to 21.24% variable


Earn 50,000 bonus points worth $750 in airfare when booked online through HSBC Rewards, after spending $4,000 in the first 3 months of account opening.

Compare up to 4 providers

What does prequalification mean?

When you’re prequalified, a provider runs a soft pull on your credit and believes you could be approved for certain cards. By some estimates, you have around an 80% to 90% chance of approval after prequalification.

Even after getting prequalified, you still need to submit an application. At that point, the provider runs a hard pull on your credit. You may be denied if your credit profile is insufficient.

Soft vs. hard credit pulls

A soft pull is a type of background check. A bank might initiate one after you apply for prequalification and it won’t affect your credit.

After you submit an application, the bank checks your credit with a hard pull. Though your credit score will usually drop by a few points, it can recover relatively quickly as you make on-time payments.

What are the benefits of an HSBC prequalification?

  • Your credit score won’t be affected. You can keep your score intact for when you finally submit an application.
  • Better chances of approval. Prequalification is a good idea because the provider presents cards that fit your credit profile.
  • No obligation. Submitting a prequalification form isn’t a contract to apply. You can still look for credit cards elsewhere.

How do I get prequalified for an HSBC credit card?

Unfortunately, HSBC doesn’t allow prequalification at this time.

The bank does send card offers to preapproved individuals. You can’t request these offers, but you can increase your chances of receiving them. Banks look for consumers with high credit scores and incomes that consistently pay their debts.

Bottom line

If you want to get prequalified for a card, consider other providers such as Citi, American Express, Capital One and Discover.

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