Best credit cards with 0 Annual fee*
HSBC, named after the initials of its founding member – the Hongkong and Shanghai Banking Corporation Ltd, is correctly regarded as one of the world’s omnipresent financial giants. HSBC credit cards are renowned world over for their exceptional incentives and reliable banking processes. However, despite the bank’s stellar reputation, most people are unaware of the long history of HSBC credit cards in UAE.
HSBC has been in the Middle East since as early as 1946, initially known as The Imperial Bank of Iran. After its eventual rebranding to HSBC, the bank continued to rapidly expand, finally setting up a regional office in the UAE to better serve its Middle East customer base. In fact, the Black HSBC credit card is one of the region’s most exclusive cards. This HSBC UAE credit card offers cardholders immense benefits, on land, in the air, locally and internationally alike.
The features offered on an HSBC credit card are amongst some of the best in the world and are often used as templates by other institutions to reward their customers. Some of the most useful features of an HSBC credit card in UAE are:
An HSBC UAE credit card offers some of the best standards of card security in the market today. The Black HSBC credit card comes equipped with security protocols provided directly by the global payment networks of Visa and MasterCard. Cardholders can make secured payments in person and online at any vendor that display either the ‘Verified by Visa’ or the ‘MasterCard SecureCode’ logo.
Owners of the Black HSBC credit card in UAE can transfer their outstanding balance amounts from other cards onto their HSBC credit card in order to avail of the 0% interest balance transfer facilities. Cardholders are offered the 0% interest HSBC credit card balance transfer services for tenors of 6months, 12 months or 24 months. The HSBC credit card balance transfer can be initiated either through the online portal or via phone.
Cardholders can convert any purchase on their Black HSBC UAE credit card into low-interest monthly instalments through an HSBC cash instalment plan. The HSBC credit card cash instalment plans are available for tenors of 6 months, 12 months and 24 months at monthly interest rates as low as 0.75%. Cash instalment plans can be initiated in the exact same way as the previously mentioned HSBC credit card balance transfer facility, i.e. online and via phone.
As a premier HSBC UAE credit card, the Black HSBC credit card enjoys international benefits in addition to its immense global acceptance. While most credit card ATM withdrawals incur a cash advance fee and cash advance interest on the transaction amount, the Black HSBC credit card does not charge any cash advance fee and carries a minimal cash advance interest of 2.75%.
All HSBC credit cards in UAE qualify for the card-less purchasing mobile apps, namely Samsung Pay and Apple Pay. The Samsung Pay app allows the cardholder to store their HSBC credit card on their smartphone and pay at eligible vendors directly through the mobile app itself. The Apply Pay app works in a similar manner, albeit through iPhones and Apple Watch devices.
The Black HSBC UAE credit card offers cardholders benefits ranging from local dining discounts to international travel incentives in the form of air miles and flight discounts. The benefits offered by the Black HSBC credit card are:
Members of the Black HSBC credit card in UAE are enrolled in the HSBC loyalty program, which is called Air Miles rewards. As an Air Miles rewards participant, the HSBC credit card owner earns miles for purchases made with the card. These miles can be redeemed for flight tickets, hotel reservations, retail purchases, grocery shopping and a lot more. Additional information on the HSBC credit card rewards program is provided in a later section labelled ‘The HSBC Credit Card Air Miles Program’.
The Black HSBC UAE credit card grants cardholders and one additional guest access to more than 900 airport lounges across the globe. Both primary and supplementary HSBC credit card members can avail of the complimentary airport lounge passes. The Black HSBC UAE credit card offers unlimited free-of-charge access at partnered airports.
As part of the MasterCard World line of cards, HSBC credit card owners can avail of 10% discounts on any international round trip flight that has been booked through cleartrip.ae by using the promo code ‘MCWORLD’.
Additionally, the Black HSBC UAE credit card offers cardholders Gold Tier membership into the Qatar Airways frequent flyer program – aka the Qatar Airways Privilege Club. The benefits of a Gold Tier membership include priority check-ins, extra baggage allowances and complimentary lounge access for the HSBC credit card member and an accompanying guest. These benefits are also extended to other airlines that are part of the oneworld alliance, which include British Airways, American Airlines, Qantas and many more.
HSBC credit card owners are offered an impressive range of discounts and complimentary nights for premium hotels and resorts all over the world. The benefits include:
Starwood Hotel & Resorts properties include premier hotels such as Le Meridien, Westin, Sheraton and many more. The full list of partnered hotels and resorts available to the Black HSBC UAE credit card owners can be found on the HSBC site.
Members of the Black HSBC credit card can avail of this special offer via the MasterCard site.
Additional details can be found on the MasterCard site.
This HSBC credit card in UAE grants cardholders enrolment into the Hertz Gold Plus Rewards President’ Circle program. Benefits of this membership include rental queues bypassing at popular airports, one car upgrade, 15% discounts on rental rates and one complimentary extra driver (valid only for spouses and domestic partners). The President’s Circle program can be accessed at the MasterCard website.
From falcon flying in Dubai to lavish campfire retreats in the exotic wilderness reserves of South Africa, a Black HSBC credit card offers the best available prices on international experiences via the MasterCard Priceless Cities program.
A wide assortment of lifestyle benefits makes the Black HSBC UAE credit card an invaluable tool for day to day spending. Lifestyle benefits of the Black HSBC credit card include:
Travel, especially to a foreign land, can be very exciting and eventful. However, travel also poses its own risks, from language barriers to cancelled flights and more. To ensure a pleasant travelling experience, Black HSBC credit card owners are offered various complimentary travel insurance policies such as:
a. Inconvenience Insurance: The Black HSBC UAE credit card offers cardholders complimentary travel inconvenience insurance, which provides the following coverage:
b. Medical Insurance: Travel medical insurance covers the Black HSBC credit card owner in the event of unforeseen personal and family medical emergencies. The coverage offered is as follows:
c. Car Rental Insurance: Overseas vehicular accidents and their associated repair costs are covered under the rental collision and loss damage waiver policy offered free of charge to Black HSBC UAE credit card Coverage under the policy is as follows:
d. Confirmation Letter: In order to avail of the complimentary insurance policy, owners of the Black HSBC credit card in UAE will be required to obtain a travel insurance confirmation letter. This can be done within minutes through the online MasterCard portal. Note that the Black HSBC credit card falls under the World Elite MasterCard category.
Owners of the Black HSBC credit card are entitled to unlimited supplementary cards. Supplementary Black HSBC UAE credit cards are issued to family and friends of the primary cardholder and share one common credit limit with the primary card. Supplementary Black HSBC credit cards can be set with fixed spending limits and are offered to the primary cardholder absolutely free-of-charge.
There are two major eligibility criteria applicants must meet in order to qualify for the Black HSBC credit card in UAE. The eligibility criteria are as follows:
In addition to the above-mentioned eligibility criteria, Black HSBC credit card owners also need to meet a few HSBC Premier Account eligibility parameters. To qualify for an HSBC Premier Account, customers should either:
Note: Owners of the Black HSBC UAE credit card should also be aware that in order to qualify for an HSBC Premier Account, the cardholder is required to have a minimum monthly income of AED 50,000.
The Black HSBC UAE credit card offers cardholders an immense variety of benefits and rewards. It is very rare to find a card that can match these benefits, thanks in part to the exclusivity and strict barriers to entry for the Black HSBC credit card. These are just some of the top reasons why customers in UAE covet the Black HSBC credit card so highly.
More than just a credit card issuer, HSBC has made a reputation for itself as a financial guru in major markets across the globe. This combination of HSBC’s financial acumen, top-class card benefits and dedicated customer support has sculpted the Black HSBC UAE credit card into one of the nation’s premier financial tools.
The Black HSBC credit card redefines the meaning of exclusivity. As one of the most premier cards offered by the bank, the Black HSBC UAE credit card unlocks the doors to invite only events and memberships that other cards simply cannot offer. However, unlike most other ‘exclusive’ cards, the Black HSBC credit card manages to perfectly balance a world of benefits against reasonable pricing.
Be it the innovative card features or the incredible Black HSBC UAE credit card offers, customers can rest assured they are receiving the best deals in the market. HSBC strives to thoroughly understand the local markets and customer requirements before committing to providing any service. As such, cardholders can expect any Black HSBC credit card offers to be regularly refreshed and always lucrative.
As mentioned in the earlier sections, the Black HSBC UAE credit card gives cardholders access to a long list of benefits. These benefits range from local fine dining discounts and discounted cab fares to international travel insurance and even flight ticket redemptions. The variety of benefits the Black HSBC UAE credit card offers are so incredibly diverse that they allow cardholders to save at nearly every turn.
Offering a credit card with no charges at all is not feasible. However, the Black HSBC credit card does its best to minimize the extent of fees and charges levied upon the cardholder. The Black HSBC UAE credit card waives an extensive range of charges, offering customers supplementary cards, card replacements and paper statements for free. In fact, the Black HSBC credit card doesn’t even charge its customers an over limit fee.
The numerous Black HSBC UAE credit card offers are updated frequently and are subject to change as per the bank’s discretion. Cardholders are advised to check back frequently for updates on offers. The HSBC UAE credit card offers currently available (as of March 2019) are:
As a sign-up bonus for the Black HSBC credit card, new cardholders are credited with 200,000 bonus air miles within 60 days of making the annual membership fee payment. Furthermore, owners of the Black HSBC UAE credit card are also offered 100,000 air miles on all subsequent membership anniversaries, starting from the second year onwards.
Members of the Black HSBC credit card are required to open up an HSBC Premier Account in order to qualify for the card. There is an added advantage to opening an HSBC Premier current account, which comes in the form of bonus cash back. HSBC credit card applicants that open up an account on or before March 31st, 2019 will receive up to AED 2,000 as cash back, credited directly into their account.
The Black HSBC UAE credit card requires applicants to be HSBC Premier Account members. As such, Black HSBC credit card owners are eligible to receive AED 1,000 for every referred customer that goes on to become an HSBC Premier Account member.
The Black HSBC UAE credit card offers customers a bevvy of entertainment benefits including but not limited to movie ticket discounts, spa treatments, discounts on suit purchases and much more. All of the currently available HSBC credit card offers can be found on HSBC’s website.
As mentioned earlier, the HSBC I Love Dining program is one that offers owners of the Black HSBC UAE credit card discounts on tons of dining establishments across the nation.
The HSBC Entertainer App consolidates all available discounts on the Black HSBC credit card, offering dining vouchers, shopping discounts, dozens of Buy 1 Get 1 Free deals and more. Cardholders can access these discount through the HSBC Entertainer mobile app, which is available on both Android and iOS.
The various fees and charges applicable to the Black HSBC credit card in UAE are as follows:
The full system of fees and charges for the Black HSBC credit card can be found under the ‘Schedule of Tariffs’ section of the HSBC site.
As members of the Black HSBC UAE credit card, cardholders are automatically enrolled into the HSBC Air Miles reward programs. This loyalty program allows cardholders to earn points or ‘Air Miles’, which can then be redeemed for incredible products and services such as flight tickets, retail store coupons, hotel bookings and much more.
Currently, HSBC is offering all new Black HSBC credit card owners 200,000 bonus Air Miles as a sign-up bonus. Cardholders will also earn 100,000 Air Miles for every year they spend as a member of the Black HSBC credit card, starting from the second year onwards.
Members of the Black HSBC credit card in UAE earn Air Miles every time they use their card to make a purchase in the following manner:
The Air Miles rewards program allows Black HSBC credit card members to redeem their accumulated Air Miles for a host of benefits such as home appliances, retail shopping, dining discounts, flight tickets, hotel reservations, wellness services and a lot more.
Cardholders may check on the status of their accrued Air Miles, redeem Air Miles and even transfer Air Miles by logging into official airmilesme.com.
In order to qualify for the Black HSBC credit card in UAE applicants will first be required to open an HSBC Premier Account. An HSBC Premier Account can be opened alongside the HSBC Black credit card application submission. The Black HSBC UAE credit card can be applied for in one of two ways.
Details on the documentation required for the Black HSBC credit card application are mentioned in the following section.
The documentation required to complete the Black HSBC credit card application process is as follows:
Q1: How many supplementary HSBC Black credit cards can I apply for?
Ans: The supplementary Black HSBC UAE credit card offers family members and friends of the primary cardholder access to the dozens of benefits and an enormous credit limit that the Black HSBC credit card provides. Supplementary Black HSBC UAE credit cards share a common credit limit with the primary card and can be restricted with spending limits as per the primary cardholder’s instructions.
Owners of the Black HSBC credit card in UAE can apply for an unlimited number of supplementary HSBC credit cards at no additional cost.
Q2: How do I check the status of my Air Miles?
Ans: A Black HSBC UAE credit card automatically enrols cardholders into the HSBC loyalty program – the Air Miles program. Cardmembers can start earning Air Miles by using their Black HSBC credit card to make purchases. Air Miles can be redeemed for retail shopping, home appliances, flight tickets, hotel reservations and more.
In order to check the status of accumulated Air Miles or to redeem them for the exciting line of products and services offered, members of the Black HSBC credit card can log in to the Air Miles platform at airmilesme.com.
Q3: Where can I pay for my HSBC Black credit card?
Ans: The Black HSBC UAE credit card can be paid for in any of the following ways:
Q4: What do I do if my HSBC Black credit card is lost or it gets stolen?
Ans: If the Black HSBC credit card is stolen or lost, it is the cardholder’s responsibility to alert the bank of the same. Cardholders are advised to immediately contact local police authorities and the Black HSBC UAE credit card customer care staff at any of the following numbers:
HSBC will clear the cardholder of all liability for payment made on the Black HSBC credit card only after the cardholder has alerted the bank about the loss of the card. The replacement Black HSBC UAE credit card is issued for no charge.
Q5: How do I cancel my HSBC Black credit card?
Ans: Any HSBC credit card may be cancelled by following these steps: