This was posted 3 years 10 months 19 days ago, and might be an out-dated deal.

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Bonus 120,000 Rewards Plus Points with New Platinum Credit Card ($3000 Spend in 90 Days Required, $0 Fee First Year) @ HSBC

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Bonus 120,000 Rewards Plus Points with New Platinum Credit Card ($3000 Spend in 90 Days Required, $0 Fee First Year) @ HSBC
Go to Deal
egglings on 12/02/2021 - 14:31 hsbc.com.au (7072 clicks)
Last edited 13/02/2021 - 10:01 by 1 other user

Edit: Multiple users have reported that this is a targeted offer for existing HSBC customers. You need to have received an invitation e-mail and apply for a new Platinum Credit Card to qualify.

New HSBC customers can choose between no interest balance transfer for 26 months (1% transfer fee applies) and $0 annual fee for the first year, or 84,000 Rewards Plus points but no annual fee waiver.

Update: based on comments, looks like HSBC may be claiming this deal is targeted.
If it helps, here's a screenshot of the email I received - https://files.ozbargain.com.au/upload/216608/86881/hsbc_excl…
Aside from the subject line saying "Exclusive" and the body addressing "Dear [my name]", there's nothing in the T&Cs saying exclusively to email recipient.
Apply at your own risk and take screenshots every step of the way - enjoy!

-
Just got an email from HSBC - seems like a decent churner. Also comes w two airport passes which hopefully can be used

Features and Benefits

  • Get 120,000 bonus Rewards Plus points when you spend $3,000 on eligible purchases using your new card within 90 days of card approval.¹ That's enough for $500 in e-Gift Cards from great retailers like Bunnings, Coles, Woolworths, Uber and more
  • 0% interest per year on balance transfers for 26 months² (1% balance transfer fee applies³)
  • $0 annual fee for the first year⁴
  • Earn 2 Rewards Plus points for every dollar spent on eligible international purchases and 1 Reward Plus point for all other eligible purchases⁵
  • Enjoy 2 airport lounge passes every year at over 500 airports worldwide⁶
  • Complimentary domestic and international travel insurance⁷
Financial Credit Card Reward Points

Related Stores

HSBC
HSBC

closed Comments

  • tunzafun001 on 16/02/2021 - 13:34

    So I've held a fee free online savings account with HSBC for years. Does this make me eligible as an existing customer for the full 120k?

    • CyberMurning on 16/02/2021 - 13:39
      +1

      if you read from page 1 you will realised that we are all here basically in limbo.
      you dont want answer from us in this case really.
      better call them

  • noone on 16/02/2021 - 15:38
    +5

    Just would like to update people regarding my application.

    I have their savings account and applied through the link in this post. I never got the email offer.

    Today I got an sms saying I'm approved and the card is on the way but then when I check back this thread, it's marked as targeted.

    So I went on live chat to confirm if I'm eligible for the 120,000 bonus points but was told to call 132 152 to check.

    Spoke to their sales team and after being put on hold for awhile, they confirm that I'm eligible for the 120,000 bonus points!

    • watwatwat on 16/02/2021 - 15:42
      +1

      Your post was a nervous read until you read to the end. :D

  • Chthonic on 16/02/2021 - 16:03

    Applied and approved but it doesn’t look like they did a credit check - anyone else have a similar experience?

    • Chthonic on 16/02/2021 - 16:17

      Also, I'm not an existing customer. I just gave them a call and asked whether this promotion applied. She basically read each dot point (120k points, 0% balance xfer, $0 first year fee etc etc).

      Not sure what's going on with others applications :/

      • Duram on 16/02/2021 - 18:28

        What was her answer after reading it all ? Lol

        • Chthonic on 17/02/2021 - 07:26
          +1

          She just read the dot points for the promo and confirmed I am eligible

    • nightelves on 16/02/2021 - 18:27

      The credit check will appear after a few days.

  • Contopaxi on 16/02/2021 - 16:52
    +2

    Spoke with customer support myself and was told this is for new and existing customers.
    One of the best cc deals that’s come up since I started churning

    • CyberMurning on 16/02/2021 - 17:03

      ok im calling again

      • watwatwat on 16/02/2021 - 18:10

        Lol it sounds like the people working there all give different answers. They have no idea. They'll probably give you whichever random answer they think will get you off the phone quickest.

  • CyberMurning on 16/02/2021 - 17:20
    +4

    update:
    now after so many calls/chats from ozb members i think they gave up.

    the guy said this supposed to be for existing but after it has been posted on ozbargain, they decided to extend to new customers as well.
    but then you may need to do the application on the phone :(

    • Duram on 16/02/2021 - 18:29

      Lol wtf

    • anson on 16/02/2021 - 23:28

      I might give them a call tmr to resume my application since i cancelled yesterday.lol

  • CyberMurning on 17/02/2021 - 09:23

    Dear customer who found our promo from ozbargain,

    Unfortunately, your application has been declined.
    Thank you for your recent application for an HSBC Platinum Credit Card.
    Your application has been assessed in accordance with HSBC's current lending practices, and after careful consideration, unfortunately we are currently unable to offer you a HSBC Platinum Credit Card at this time.
    The above decision is based on an overall assessment of the information provided in your application, and as a result we are unable to advise of any individual factor that led to this decision.

    • tobi3421 on 17/02/2021 - 10:05

      Lol I got declined too. Income more than sufficient and excellent credit rating

      • nightelves on 17/02/2021 - 11:42
        +3

        I find that some provider like Citibank prefer that you have a lot of debt to approve your application. HSBC could be another one. Can I ask if you put down a lot of debt for this application?

        • tobi3421 on 17/02/2021 - 12:08

          You could be right. I had listed very minimal debt for the application

  • nightelves on 17/02/2021 - 11:41

    So are they still honoring the promo even though it was posted on Ozbargain?

  • watwatwat on 17/02/2021 - 15:16

    "Congratulations, your HSBC Platinum Credit Card application has been approved" - it's on like donkey kong.

  • surfingboyo on 17/02/2021 - 15:50
    +1

    Yeah I just spoke to them on the phone. The first lady said it was just the 84k points, but when I kept asking about the 120k she put me into someone in the applications department. That person them confirmed all the details in the OP (120k points, $0 annual fee etc).

  • AlexPotter on 17/02/2021 - 16:12

    Just applied using the original link and seems was approved. As least someone called back to me, asked some additional questions and said I am fine and should wait for a final confirmation. I asked to confirm if I am eligible for 120K points and lady said yes, I am under the promo.

    • nightelves on 17/02/2021 - 18:06

      The original link still has some codes at the end of it and that was fine?

    • alamodey on 04/03/2021 - 17:12

      are you an existing HSBC customer?

  • Thimble on 17/02/2021 - 18:36
    +2

    I successfully applied for this card, I am not an existing customer, and I called up HSBC and they confirmed I was eligible for the 120k bonus points.

    • nightelves on 17/02/2021 - 18:55

      Was the application straight forward?

      • Thimble on 17/02/2021 - 21:13

        It was harder than usual with facial recognition steps etc but nothing too bad.

        • tunzafun001 on 17/02/2021 - 21:41

          Is the facial rubbish required if you are an existing customer (savings account)?

    • asc on 17/02/2021 - 20:15

      Same situation. Upload of salary was a pain just like others reported. Eventually called and provided an address to email payslip.

  • subbeh on 17/02/2021 - 20:14

    I got denied for the ANZ card because I don't have a stable income, but I've got heaps of cash in savings and investment returns etc. How do people without a steady job get a credit card these days?

    • watwatwat on 17/02/2021 - 21:05
      +1

      You don't.

    • nightelves on 17/02/2021 - 21:18

      Yeah pretty hard to.

    • alamodey on 04/03/2021 - 17:12
      +1

      they go and find a steady job.

  • timhn on 18/02/2021 - 11:38

    What is this facial recognition that everyone complaining? Do you have to take a selfies then upload together with your ID?

    • yht on 18/02/2021 - 11:41

      Correct. Online Selfie.

    • tunzafun001 on 18/02/2021 - 14:24

      Wonder why they need your face for a credit analysis? 'Nah mate, not with that nose'! What's the ulterior motive here?

      • tunzafun001 on 18/02/2021 - 22:51

        *alterior …and never mind. Just saw it's so you can use your face instead of a password and the crappy little login dongle they give you.

  • DryScissors on 18/02/2021 - 14:04

    I got approved, but based on the previous comments I withdrew my application. The lady also said I didn’t qualify for the 120k.

  • 7effect on 18/02/2021 - 15:11

    Approved. Thank you OP, this is an underrated deal posting… Would give it more up votes if I could.

    • alamodey on 04/03/2021 - 17:12

      are you an existing hsbc customer?

  • Drakesy on 18/02/2021 - 20:31
    +1

    I'm so confused, so this isn't targeted now?

    • chintu123 on 18/02/2021 - 21:48

      I want to know the answer to this as well.

  • timhn on 19/02/2021 - 11:24

    The LoungeKey offer sounds like Priority Pass where you can go to a bar/cafe instead a proper lounge at some airports. Anyone know the max spending in Sydney's airport?

  • szy2k on 19/02/2021 - 15:30

    Saw this post first day when it was posted and applied straight away, without knowing it was targeted,(not a HSBC client) I did check the T&C but it did not mention anything about existing client only, didn't know it was approved until I retrieved the application online to check the status as I was not notified of the approval. Called them just now, told them the full story, they said they will honor the 120k point also 1st year annual fee waiver as I applied from that link. Staff were obviously made aware of this "incident" so I am quite happy.

  • timhn on 19/02/2021 - 20:58

    Got conditionally approval. I'm surprised that my application was very smooth with both facial recognition and upload payslips steps.

    • Unacceptable on 19/02/2021 - 21:10

      How come conditionally approved as you look have passed ID check and bank slips. I got a conditional approval just now but I need to visit one of the branches for ID check. Wtf.

      • timhn on 19/02/2021 - 21:47

        Probably because i'm an existing customer - currently still keep a debit account with them.

      • Unacceptable on 22/02/2021 - 09:30

        This HSBC mob is very strange. I got asked to do ID check (so I planned on visiting one of their branches today) but got an email this morning saying I need to submit payslips (which was done when I applied, ie, bank check).
        I rang this morning to confirm the bonus points (which was confirmed with 120k rewards points) and told that my application was fully approved so need to do ID check and the payslip thing.

    • Franconian on 21/02/2021 - 11:01

      The application process went smoothly for me and I was conditionally approved. Received denial email a few days later. Had a feeling they just denied it due to Ozbargain post and mass applications.

      • nightelves on 21/02/2021 - 12:07

        Conditionally approve doesn't mean much these days with credit card.

  • ogdenvilleoutlet on 20/02/2021 - 15:12
    +1

    The ID verification step is shocking, ended up having to call up to complete my application. Good thing though, because they asked specifically where I found the deal "did you see it on the website, or on a forum?" (exact quote) I made up some story about how a friend sent me the link and suggested it to me, but I guess that's something to be weary of.

    Got through the paperwork stage and proof of income, see how it goes!

    • tunzafun001 on 21/02/2021 - 17:00

      I don't get it? The 120k points link is still active?? Might apply over the phone so everyone is on the same page from the start. Otherwise, I recon they are just going to decline these applications by default.

  • aec on 21/02/2021 - 17:45

    I have a saving account with HSBC (the credit card was cancelled a few years ago). I just logged in to my account and saw the offer, but it looks like I will only get 84,000 points. Is it normal? Or should I contact them for 120,000 points?

    'find out more':
    https://www.hsbc.com.au/credit-cards/offers/campaigns/platin…

    vs
    https://www.hsbc.com.au/credit-cards/offers/campaigns/platin…

  • polarq on 22/02/2021 - 12:22

    I applied the first day this was posted using the link in the deal, got the card today and called them up and got confirmation that my card has 120k points + first year fee waived offer applied to it. NICE.

    (New customer, never dealt with HSBC before. The rego process for me was fairly smooth, just one call from the bank to confirm details)

    • chintu123 on 22/02/2021 - 22:31

      What number did you call mate? Did you have to wait long?

      • polarq on 22/02/2021 - 22:50
        +1

        Called 13 21 52

        waited maybe 2 minutes, if that. went with the credit card option through the prompts.

        • chintu123 on 23/02/2021 - 00:18

          Thanks mate

    • szy2k on 24/02/2021 - 10:51

      I am in exactly the same situation, called the card application team and confirmed I will receive the 120k points also 1st year annual fee waiver when the card was approved, call them again yesterday to activate the card and was told I will only get 84k points and no annual fee waiver, ask them to clarify the contradicting information and still waiting for a callback.

      • starlightshine on 24/02/2021 - 13:50

        When did you apply? I have the same problem with them. HSBC sounds pretty dodge with their offers. I still see the offer on the website, but they are in denial.

        • starlightshine on 24/02/2021 - 13:59

          PS be careful with this bank: The offer says as quote:

          "
          . Existing HSBC customers transferring from another HSBC credit card or customers who have held any Rewards Plus card types within the last 12 months are ineligible for this offer.
          "

          Now they are saying it's only for existing customers.

          • szy2k on 24/02/2021 - 14:31

            @starlightshine: That clause is there the first day, but my understanding is that it is only a condition applies to existing clients if they wish to apply, in case they double dip. There is no where saying that "this offer is for existing HSBC client ONLY", hence it is quite misleading.

        • szy2k on 24/02/2021 - 17:40
          +1

          Just received the call back from HSBC from the same staff I made the enquiry yesterday and he confirmed that I will receive the 120k points plus 1st year fee waiver, so all good for me.

  • Cheapass1995 on 24/02/2021 - 10:01

    Applied and apparently I didn't meet lending criteria but haven't been refused for any other cards before, ask them what I failed in and they didn't clarify, lies..

  • jobargain on 24/02/2021 - 13:26

    Can anyone confirm if there's a fee for adding an additional card holder? Can't find it anywhere in there terms and condition. Thanks

  • RyanMK on 24/02/2021 - 14:48

    I received this offer via email today. So looks like they are actually still sending out invites?

    • starlightshine on 24/02/2021 - 15:09

      Are you an existing customer?

      • RyanMK on 24/02/2021 - 22:17

        Yes, have a savings and transaction account.

  • chintu123 on 26/02/2021 - 17:46
    +1

    I called the call centre today to ask if I will be getting 120k points with no annual fees and I was told that you will get whatever you applied for via the webpage you applied(if that makes sense).

  • Unacceptable on 26/02/2021 - 18:06

    Received my card today but there is no information package that normally comes with card and explains annual fees, interest rate etc.

  • endolphin on 27/02/2021 - 14:50

    I have read all of the comments and I am still undecided if I should take the risk applying for this one. It is the only decent offer available to me at the moment, but it could also be a big waste of time!

    • Bytelover on 02/03/2021 - 15:11

      Me too. Wish that anyone would post their recent experience and whether they got the points and no fee. I guess the best thing is to call them before the application?

      Edit:
      Literally says this now right under the first paragraph :
      Available to new, approved customers who apply for the Platinum Credit Card.
      Seems like they might have changed the wording? Definitely doesn't seem targeted to me

      • tunzafun001 on 03/03/2021 - 01:04

        Applied, got my card. HSBC do things differently (as per others above, No letter of offer sent with the card). You get what ever the link you applied with says. Then, like others here have experienced, my first email I received was this very 120k points offer deal..

        • Bytelover on 03/03/2021 - 13:40

          Sweet, so without calling up you got 120k? As a non HSBC customer?

          • [Deactivated] on 03/03/2021 - 21:02

            @Bytelover: sounds like they got the offer after applying for the card

            • tunzafun001 on 03/03/2021 - 21:55

              @[Deactivated]: Correct, this 120k points deal was emailed to me the same day my application was successful. Assume it's their latest promo that gets emailed out by default..makes it easy to use as evidence of the deal if required.

          • tunzafun001 on 03/03/2021 - 21:52
            +1

            @Bytelover: Nothing to say what I did / or didn't get. Almost spent the $3k (prepaying health, car, home insurance, rego, water, rates).. but I applied with the 120k /$0 annual points link, so I 100% expect that's what I got.

      • szy2k on 03/03/2021 - 10:31

        No they have not, the wording has not changed since this was first posted, I have screen shot it the very first day and it still is the same.

        • Bytelover on 03/03/2021 - 13:39

          I bit the bullet and applied, unfortunately got stuck on the facial recognition thing.. It asked permission to use my location(?) which I denied, and then it just froze.. Now if I open it, it just says the facial identification has been cancelled, even on desktop. Might have to give them a call 🤦‍♂️

          • Bytelover on 04/03/2021 - 22:12
            +1

            @Bytelover: Update.. Got an email to give an agent a call because they noticed I was stuck on the application. Called them with hardly any wait time, went through the application a little bit and was asked if I clicked through OzB, I said yes. Confirmed the 120k points with the agent and got to skip the facial recognition thing. Just had to verify my income through their portal and got conditionally approved..

            Would definitely rate this application, fairly straightforward and good on them for following up after my application got stuck for a few days.

  • endolphin on 02/03/2021 - 15:37

    Balance transfer offer: https://www.hsbc.com.au/credit-cards/offers/campaigns/platin…

    Standard 84k points offer: https://www.hsbc.com.au/credit-cards/offers/campaigns/platin…

    Could one not say that they were playing around with the URL's, combining them, and hey presto:

    Promo 120k points offer: https://www.hsbc.com.au/credit-cards/offers/campaigns/platin…

  • Mattyd86 on 06/03/2021 - 14:11

    Has anyone that applied through the link and been approved been charged the annual fee as part of the other deal rather than this deal?

  • impulsebuyer on 08/03/2021 - 16:05

    Declined with sufficient income, no debt, excellent credit rating.
    What’s up with this bank? What income/debt bracket client is this bank approving?

    • Mattyd86 on 08/03/2021 - 16:18

      Do you have any recent credit enquires? My last one was 2 months ago and was wondering if they decline based on credit enquirers judging off similar comments to yours

      • suntagonal on 09/03/2021 - 12:38

        Thats weird, I've had two on mine in as many months (ANZ and Citi) and they approved mine… that said. I have yet to receive the card

  • youngchinaman on 11/03/2021 - 13:21

    Not sure what others experience has been like, however I've just checked and I have received the 120,000 points. I am a new HSBC customer.

  • Drakesy on 11/03/2021 - 15:39

    Hokay, so called up a couple of days ago after my application stalled
    FYI I previously had a savings account with them but didn't receive the original email.

    Call #1: Asked them what the offer was that i'd received (after asking how i got the email) and i said that i had a friend forward it to me - they instantly said oh, you'll get 84,000 points etc and aren't eligible as i didn't have a previous card with them or something. I then questioned the fine print which never stated that and they kind of went a bit quiet, i then informed them that i wouldn't be continuing if this was the case and they forwarded me onto another department.

    Call #2: Asked again for clarification of the offer and they again asked how i received the offer and i stated i was emailed it by HSBC. They promptly confirmed that i was eligible for the offer and that i'd receive 120,000 points. WIth that i had my confirmation and 1 hour later had the sms come through saying my card was on the way.

    Basically moral of the story, sometimes banks are just useless.

  • AlexPotter on 14/03/2021 - 23:17

    Anyone, is there any way to pay for the card without paying a fee?

  • JTL on 18/03/2021 - 09:31

    How long did it take for people to receive their bonus points after hitting the $3k spend?

    • ramb9 on 20/03/2021 - 00:54
      +3

      I just hit my $3k spend today, nothing yet but will keep you posted…

      • rodb on 28/03/2021 - 18:56

        I was expecting it on with first bill but nothing yet. I’m going to call up this week to confirm.

        • ramb9 on 28/03/2021 - 19:48

          Yep, nothing yet for me too. First bill comes early April.

          TCs say within 60 days but wouldn’t feel comfortable waiting that long, given how up in the air this deal is

          • ramb9 on 30/03/2021 - 21:18

            @ramb9: Update: Had a Live chat option pop up while I was checking for points. Asked the guy and they said it takes up to four months… to check eligibility pre-approval and then post spend aswell…

            • ramb9 on 28/04/2021 - 14:25

              @ramb9: Got my points 2 weeks after receiving first statement after meeting spend.

              To confirm, I am a new customer and did not receive this promo.

  • greater mimic on 25/03/2021 - 09:59

    Far out just hopped back in this deal and now realise I have to call up to confirm I'll get the bonus points. I'm a new member so will let you know what they say

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