Here's everything you need to know to open a credit card online.
Convenience: You can do all the paperwork and even provide your proof of income online and at home, without going to a branch.
Flexible registration time: You can do the registration at any time of the day or night, and the whole application only takes a few minutes to complete.
Quick results: Applying online makes it faster for the bank to process your paperwork. Depending on the time of day you submit your application, you could get approved within the applied day.
Exclusive gifts when applying online: If you apply online you'll be eligible for offers that aren't available when you register at the branch.
Every credit card will have benefits geared towards a specific spending need. To pick the right card, you should have a clear understanding of how you're going to use it. For example:
Beside considering your spending habits, you should thoroughly research credit card fees and interest rates. You can also use our credit card comparison tool to choose the right one more easily.
Apply for an HSBC Visa Platinum Cash Back Credit Card to receive up to 8% cashback when shopping at Supermarkets and grocery stores
To apply for a credit card online at HSBC, you must meet the following age, income and residence requirements:
VND8 million for salaried earners who are Vietnamese and VND 15 million for foreigners
VND15 million for Vietnamese who are self-employed/ business owners
Reside in one of these cities or provinces:
In addition, if you're a foreigner staying in Vietnam, you need to have residence permission here for at least 12 consecutive months at the time of your application.
These are the documents you need to prepare when you apply for an HSBC credit card:
We've prepared a list where you can find more information about the types of documents we accept.
You can apply for an HSBC credit card online in 6 steps. For a quick and easy application process, you need to prepare all the required documents and follow these steps:
Note: Your mobile device must have a camera for the identity verification process. Please be ready with a supported mobile device for a better experience. If you experience a disconnection due to poor image quality, please switch to another supported mobile device and re-process the application.
Step 1: Visit HSBC's credit card product page. Pick the right credit card for you and select the 'Apply online' button.
Step 2: Enter your contact information to receive a security code via SMS.
Step 3: Enter the security code received to continue with the next steps.
Step 4: Follow the on-screen instructions to continue the online credit card application process at home.
Step 5: Prepare, take clear photos and upload the necessary documents to the registration page.
Step 6: Submit the completed card application. Please wait for the bank to process the application and contact you as soon as possible.
We'll call you within several working days for a preliminary assessment of your uploaded application.
You can find out more about it on our Zoom FAQ.
Credit scores are used by banks and financial institutions as a basis for assessing potential customers. Having a good credit score not only helps you get approval for loans, it will also help you get a higher loan limit with better interest rates.
How do you maintain a good credit score?
To improve or maintain a good credit score, you should develop financial habits such as:
Late payments, even unintentionally, will still negatively affect your credit score. So always check your credit card statement to know how much is due and when. It's best to always pay the entire balance, but if that's not possible, pay as much of it as you can so that your debt will be cleared as quickly as possible.
If you do not know how to pay your credit card, please refer to the following article How to make your HSBC credit card payment
There are a lot of third party credit card registration services on the market today. We strongly recommend you avoid using these types of businesses as there could be possible risks. Not only will you have to reveal all your personal information, but there is always the chance that you pay for the service and up getting a fake credit card.
By actively doing your own research and filling out the application, you'll find out important information about the card. This will help you know all the perks and services it offers, and it will help you avoid unnecessary fees since you'll be fully aware of the card's interest rate and fee schedule.
There's no law against owning multiple credit cards. It really depends on how you're going to manage and use them. However, financial experts say you shouldn't have more than 2 cards. Owning too many cards can lead to hassle such as:
Lots of fees
Each credit card has its own fees, such as annual fee, late payment fee, interest and more. So the more cards you own, the more fees you might have to pay.
Easy to lose
Because credit cards have their payment information printed on them, it puts you at a risk of fraudulent activities if they fall into the wrong hands. Using multiple cards increases the risk of losing your card.
Difficult to manage
Managing multiple credit cards at the same time becomes quite complicated when your life is busy. There are cases where you can forget to zero out the balance or miss the payment due date. As a result, you could be face with additional fees and interest rates.
Unable to pay
Likewise, multiple credit cards can make it harder to track your spending on each card. At the end of the month you might discover that your balance is too much and you have no way to pay it off.
We hope the article helps you understand more about how to register credit card online. With its convenience and flexibility, are you ready to stay at home and quickly get a credit card?
