Today I am writing about 2% cash back card from HSBC bank. There are two sub-banks from HSBC—Household Bank and Orchard Bank. The two banks issue the 2% cash back card separately. As we can see, most credit cards give up to 1% cash back except for certain purchase. However, the 2% cash back card can give you straight 2% cash back on everything. If you can manage your cards, i.e. use different cards to at certain place, you can get the maximum cash back. You can redeem $25 once your cash reward is higher than $25. The drawback is you can only get $25 even though you have $25.05 cash reward. But it doesn’t matter. You can use them as long as you want to keep them. I should mention that it seems that HH and Orchard are offering credit cards for bad credit. If you have a very good credit history, it’s quite possible that you can’t get the offer.

Following is the link for Orchard issued credit card application links:

https://www.hsbcapply.com/start/orchardbank

In fact this is the pre-application process. After you submit your application information, you can see the offers from the Orchard 2% cash back card. usually you will get: 1. offered card with 2% cash back and without an annual fee; 2. offered card with 2% and with an annual fee; 3. offered card without 2% cash back and annual fee; 4. offered card without 2% and with an annual fee. In some cases, you can get 0% Apr on purchase promotion. I should point out that the first step is not a hard pull in your credit report. It a soft pull. (I have confirmed by myself—I have 20 soft inquiries on Experian from HSBC). Go ahead and try your luck!

Emm… Le’s talk about the credit card from Household Bank.

You can get the similar result from Household Bank by following the link: https://www.hsbcapply.com/start/householdbank?hbpath&

Usually the HH and Orchard will send out invitations by mail. I got the invitation from HH in July and by inoutting th information at www.acceptourcard.com/master or www.acceptourcard.com/visa you will get instantly result. Don’t expect to get high credit limit from HH and Orchard. Even though you have >$10,000 credit limit on other cards, you can still get $750 credit limit from those two cards. It seems they are managed by space monkeys, right??? I got the HH card in July. Then in Auguest, I got the no annual fee with 2% cash back offer from Orchard when I was playing the pre-approve process. But when I submitted the application, I got denied! The reason was I have already got the maxium cards from HSBC! Oh, man! I got only one card! Then back to the middle of Aug, somebody said they got the invitation from HH with the visa version of the 2% cash back card (all I mentioined above is mastercard) and got the card immediately! If we are lucky, we can get the visa version! But who knows!