Philippine HSBC Credit cards

HSBC has managed to live up to their tag line; it is truly the world’s local bank. Founded in 1865, HSBC has grown into an enormous banking institution offering unparalleled service in its 9,500 offices in 79 countries and territories. Laurels attached to HSBC customer service are unending, who always strive hard to develop accessible and innovative products that enhance the life of its customers.

HSBC Visa and Mastercard

The power to earn rewards in exchange for discounts and special deals comes with both the HSBC Classic Visa and the HSBC Classic MasterCard. Select what suits you best then treat yourself. Wherever you are, the convenience of cashless transactions will follow.

With your HSBC Gold Visa or HSBC Gold MasterCard, you get all the benefits of a Classic plus a higher credit limit. Take pleasure in more discounts, special deals and extra perks.

When you travel with a Gold, jet-setting around the world can be a winning experience.Find flexibility and freedom when making purchases, wherever you are in the world. HSBC is partnered with over a million establishments worldwide to bring you ease with transactions around the globe.

Red Mastercard

Savor the rewards of your HSBC RED Mastercard. It comes with discounts and freebies from various specialty stores nationwide. Enjoy shopping and dining in over 40 partner countries worldwide.Make us reward you even more for you superb finds.

Mabuhay Miles Visa Platinum

Wherever you are in the world, enjoy assistance and information 24 hours a day, 7 days a week. Get information on shopping and entertainment options, arrange the delivery of flowers and other items to other countries, get restaurant recommendations for the city you’re in, and even emergency assistance wherever you may be.

Mabuhay Miles Visa Classic and Gold

Now, you can fly with Philippine Airlines for free.

The Mabuhay Miles Visa from HSBC offers you the fastest way to fly Philippine Airlines FREE. Every Php45 you charge to your card earns you 1 Mile. So when you gas up, shop for groceries or pay your utility bills with your card, you become closer to that free flight.

With the Triple your Miles program, you can earn Miles faster than ever before. Simply use your Mabuhay Miles Visa at Triple Your Miles partner merchants and get up to 3 Miles for every Php45 you spend!

HSBC credit cards are skillfully designed to organize and help you live your everyday life; no matter what your priorities are that may incur an expense.

Using Credit Card to Buy a Car

In the past, the high interest rate on a credit card would have made this a very expensive way to finance your new car, but over the last few years intense competition in the credit card market has forced rates much lower.Aside from potential savings, there could be added benefits to buying a car with your credit card. The greatest advantage to paying for a car with your credit card is that it becomes an unsecured loan. Should you find yourself jobless at any time in the future the automobile does not run the risk of being repossessed. You own the car outright – not the bank. A second benefit of placing your car purchase on a credit card is you have the option of paying varied amounts on your car each month.

While the low rate credit card market has taken off, there are still a lot of high interest rates out there too. If the seller doesn’t take credit card or you want to avoid the surcharge, you might consider withdrawing the available funds from your credit card via an ATM or from a bank branch.Make sure you check the cash advance interest rate on your card if you’re considering this option.

You don’t want to find yourself in a position where you’re over your limit and struggling to pay your regular bills because you’ve put a whopping great car purchase on your credit card.You might also be considering using your credit or charge card to buy a car in order to get rewards points, and then paying it off immediately with cash or transferring the loan to another type of finance.

Many credit card issuers entice potential consumers with various introductory 0% interest rate deals for a certain period of time. This introductory rate period usually spans somewhere between 6 months and 1 year.

How to Detect a Fraudulent Credit Card Charge

Be vigilant. Check your credit card purchases on-line on a weekly basis. This allows you to mentally check the purchases while they’re still fresh in your memory and makes it easier to catch a bogus charge before it gets lost among your other purchases.
Be organized and keep records.In our consumer-driven, throwaway culture, few of us keep receipts for small, personal purchases. Relying on the electronic trail of breadcrumbs that comes with each swipe of our card leaves us vulnerable to false charges.
Report your concern(s) in writing.It is important that you do this no more than 60 days after receiving the bill that contains the charge you are contesting. Include your bank’s name, your name and account number, the dollar amount of the suspected error and the posting date of the questionable transaction.
Review charges from companies operating under names you do not recognize.Call or email the company if you do not recognize the charge. Some companies operate under incorporated names that differ from the name used by the establishment for retail, marketing or other public purposes.
Check your credit report at least once a year.This will allow you to make sure that everything in your credit history is accurate and up to date.

How to Use Credit Cards Wisely

Most of us aren’t born knowing how to use credit cards. Still, it’s important to learn the rules of the credit card game – preferably before you start playing.Credit cards are so much more convenient and safer than carrying cash.As the credit card industry has evolved, new products and features make using credit cards even more appealing — if you know how to play the game.
These do’s and don’ts of credit card usage encourage healthy spending habits for new and experienced credit card users alike.
Do’s
*Remember your real money is involved. You have to pay this back and it will be with interest.
*Review your monthly statements. Sometimes credit card companies make mistakes on charges.
*Make wise decisions about purchasing items you need versus those you simply want. We’ve all used the word “need” to describe something we really just wanted badly.
*Let your creditor know in advance if you won’t be able to make your monthly payment on time. The worst thing you can do is simply forgo your credit card payment, no matter the reason.

Dont’s
*Use your credit card to make everyday purchases. Items like food, clothing, and gas shouldn’t be purchased with a credit card. Using your credit card as a substitute for cash is a habit that can quickly lead to debt.
*Get into the habit of making minimum-only payments. Making only the minimum payment each month increases the amount of time it will take to pay off your debt.

Advantages and Disadvantages of Credit Cards

A credit card from any other network allows you to pay for purchases or services by borrowing from the credit card company.
Credit card is more then a simple piece of plastic, it is first and foremost a flexible payment tool accepted at 30 million locations worldwide, and if the card balance is paid off every month, then no interest is charged on purchases made so, essentially, short-term credit is granted without the consumer paying any interest.
Like most things, there are advantages and disadvantages to credit cards. Knowing some of these can help you decide if you do or do not want to use credit cards.

ADVANTAGES
If you are away from home without cash, you often can receive a cash advance or have the option of buying traveler’s checks with a credit card.
Purchase products or services whenever and wherever you want, without ready cash and paying for them at a later date
A credit card can be used to purchase anything - practically all establishments worldwide accept them, and they can be used in place of money you may not have or for an unexpected expense that requires immediate payment.
Credit cards are easier to carry than large amount of money in your wallet. You can use them to purchase many things, especially from those companies which hardly accept large amounts of cash.
You can easily acquire a loan if your credit rating is good and also qualify for other credit card offers.

DISADVANTAGES
If not used wisely, credit card debt can really make your finances tailspin and put you into a cycle of debt and despair.
If you lost your credit card anyway and if it went to the wrong hands, it could be a massacre. The person has the credit card could buy objects using you credit card. So you could have to face huge problems.
The temptation to acquire too many credit card accounts can lead to losing track of payment details and deadlines. This can be disastrous.
Some credit cards have conditions that may put you in difficulty if you have not read the fine print.

Credit cards

I am using credit cards and it giving some headaches for the payments. How can I reduse this problem coz it sometime usefull