HSBC Platinum
Quick answer: The HSBC Platinum carries a A$199 annual fee and 2 catalogued benefits; its best earning category is Everything else at 1.5x. MaxWorth is the only benefits tracker with hand-verified Australian card data, and it never asks for a bank login.
Earning rates
| Category | Rate | True cash-back value |
|---|---|---|
| Everything else | 1.5x | 1.05% |
True cash-back value = rate × MaxWorth's valuation of the card's points currency; see the methodology.
Status & Elite Perks (1)
LoungeKey Airport Lounge Access
A$100/yr2 complimentary single-entry lounge passes per year via LoungeKey, valid at 1,100+ airport lounges worldwide. First 2 passes issued on activation, then 2 more each 1 January.
Protections (1)
Travel Insurance & Purchase Protection
A$75/yrComplimentary domestic and international travel insurance, rental vehicle excess cover in Australia, Transit Accident Insurance, Extended Warranty Insurance, and Purchase Protection Insurance. Exact sub-limits per the full PDS were not exhaustively verified in this research pass.
How to track it
Add the HSBC Platinum to MaxWorth and every credit above appears with its cycle set; you get a push before each one expires and the card's annual-fee ROI runs from what you mark used. No Australian bank account is ever connected. What MaxWorth covers for Australian cards.
Other HSBC Australia cards
- HSBC Star Alliance · A$499 · 2 benefits
- HSBC Platinum Qantas · A$399 · 3 benefits
- HSBC Low Rate · A$99 · 1 benefits
Source: the issuer's published terms, entered and verified by hand in the MaxWorth database; amounts in AUD. Methodology.