HSBC Gold Mastercard® credit card review

Margaret Drummond  in  0% Interest How we rate our cards  |  Advertiser Disclosure
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Recommended Credit Score

Good to Excellent (670 - 850)

A FICO score/credit score is used to represent the creditworthiness of a person and may be one indicator to the credit type you are eligible for. However, credit score alone does not guarantee or imply approval for any financial product.

Annual Fee:
Purchase Intro APR:
0% Introductory APR on credit card purchases for the first 18 months from account opening
Balance Transfer Intro APR:
0% Introductory APR on balance transfers for the first 18 months from account opening
Regular APR:
Variable APR of 12.99% - 20.99% will apply after the Introductory Period
Terms and Restrictions Apply | Rates and Fees

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HSBC Gold Mastercard® credit card: Details and benefits

The HSBC Gold Mastercard is a run-of-the-mill, no rewards card with a cushy 18 month zero percent introductory APR period. If you’re loyal to HSBC and have good to excellent credit, this card is a fine option for paying off high-interest debt with a nice bit of a runway.

One unique bonus for this card is its measured graciousness – HSBC will waive one late payment fee per year with no penalty APR.


  • Not currently available
  • With no annual fee and a zero percent introductory APR for 18 months, this credit card is a win for financing a large purchase or paying off debt (12.99 percent – 20.99 percent variable thereafter).
  • Waived late payment fees and no penalty APR


  • No rewards structure

Is the HSBC Gold Mastercard worth it for you?

HSBC account holders may enjoy the benefit of staying close to a brand they prefer.  Particularly if you have a short-term financing need or a bit of debt that you’d like to pay off interest-free over 18 months (12.74 percent – 20.74 percent variable APR thereafter). Consider, however, that the 4 percent balance transfer fee is not the lowest rate going.

While the HSBC Gold Mastercard comes with some nice features, it’s pretty much just fine.  It’s not the best credit card option for most consumers. With a longer-than-average zero percent introductory APR as its primary selling point, it is still mediocre compared to other cards with the same 18-month window.

Get the most value from the HSBC Gold Mastercard

Like all Mastercard products, the HSBC Gold Mastercard includes travel benefits such as travel accident insurance, roadside assistance and lost luggage assistance.

There are shopping perks as well— the card will double a warranty on your purchases for up to an additional year, and with the price protection feature, if you find an item for a lower cost within 60 days of buying it, Mastercard will refund the difference.

HSBC offers an outstanding grace period for cardholders who are a bit forgetful and may be late on a payment here and there. Once a year, late payment fees are waived, and no penalty APR is applied.