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You'll need to apply for one separately as it's still considered a separate product. However, unlike the other CCs on offer, the only ways to apply for a Premier MC is to visit an HSBC branch in person, or to call i.e. you cannot do it online. Note as well that you'll go through the usual CC...

Are you an existing HSBC customer? If so, then I think you will need to meet the eligible criteria for at least 6 months by either (a) depositing at least $9,000 into your HSBC transaction account every month (for at least 6 months); or (b) maintain a combined total of $150,000 across all your...

Did they say that your application was rejected because of the credit check or just something along the lines of "having completed our credit check" etc etc. It may seem like a meaningless difference but credit lenders and banks are very careful with the wording they use in their...

Ahh OK that's a business card - I was referring to personal cards which the HSBC Premier Card is. Are there any personal cards that offer points on Gov Charges aside from Amex?

Pretty sure Amex is the only card provider in the Australian market at the time of writing that offers any points on Government spending? All other banks/institutions grant 0 points for Gov spending (happy to be corrected since I too would love to earn points on my council and water bills!).

This is a great card which earns around 0.8 KFF per $ but only up to $3k a month after which it's only 0.4KFF per $ plus $0 AF is only for first year after which it's a hefty $450. My spending per month is honestly not that big, probably averaging around $3-3.5k per month occasionally maybe $4k...

Does anyone know if I BPay my council rates via the NAB Signature Card that would count towards the minimum spend and that the transaction will earn points? According to NAB's T&Cs they generally count BPay payments as "Purchases" and thus, eligible for earning points, but in the same doc they...

Typically it takes around 6-8 weeks from account closure date for the closure to be reflected in your credit report.

I have a friend who works in a bank's CC approval arm and from what she tells me, it's a myriad of factors but one interesting point she mentioned that a lot of people dont seem to take into account when trying to explain why they have been rejected for credit is average age of credit accounts...

This is true in terms of NAB's process of shutting them down but I was referring to when the "We're no longer offering your product" email timeline. NAB sent the shut down email for the Transaction accounts before they sent them for the DC cards

It's not over yet until NAB decides to pull the plug and the general sentiment amongst those who hold Citi CCs is that NAB will shut down all Citi products in the near future. Citi Transaction Accounts were the first to go. Then Diners Club. Then imo I think the CCs will be cancelled by NAB in...

Just wondering if anyone's managed to use their HSBC Star Alliance card with ZipPay? More specifically, does HSBC treat ZipPay repayments as cash advances or regular transactions? Am looking to utilise ZipPay to pay bills via BPay then pay the ZipPay balance with my HSBC card to earn points

Yea it does smell a bit suspicious or at least desperate that HSBC just trusts you that you'll meet the Premier criteria if you say so, but on the other hand they do appear to do an eligibility check every 6 months so guess it's really only 6 months of risk for them and the risk isnt that high...

I've managed to open up an HSBC Premier MC in anticipation of the inevitable "we're no longer offering your card" email from NAB. It's also $0 annual fee and earns 1.5 HSBC points per $ up to $120,000 per year which is roughly 80,000 KrisFyler/Velocity/AsiaMiles which is actually a better rate...

As mentioned by another user, Citibank seem to be running their own sh**show atm. I applied for mine around July 2023 got approved for a ludicruous $57k limit and at the time I was earning around $135k gross. They didnt even do a credit check since according to Equifax the last credit equiry on...

I just opened up a HSBC Everyday Global Account and ticked the "I qualify for Premier status: I will deposit at least $9,000 into my account" box during the application process and got Premier status instantly. I'll be transfering my salary from my main account into the HSBC and then back out...

NAB's CCs are currently being used on the Visa network so your last point makes sense given that Citi's CCs are on the MC network - NAB likely has some sort of exclusion clause in their contract so they're probably scrambling to dismantle Citi's MC products ASAP before Visa slaps them with fees...

I suspect they will care - NAB specifically said that the biggest factor in their consideration of the acquisition was Citibank's unsecured lending category i.e. credit card customer base. By acquiring Citi, NAB's unsecured lending book value doubled in size and they now rival Commbank who is...

"Our biggest concern is the potential drop in competitiveness of products in the CC market" said the ACCC when NAB announced its purchase of Citibank. "Dont worry", said NAB, "We'll definitely make sure CC products remain just as competitive once we purchase Citibank" "OK, we trust you", said...

Yea this actually annoys me quite a bit and makes me wonder how the ACCC ever allowed a Big 4 bank like NAB to suck up the 5th largest unsecured loan market in Australia without any concerns whatosever. ACCC stated that their biggest concern at the time was the loss in competitiveness in the...