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Multiple HSBC cards

Frequent Contributor

Multiple HSBC cards

I've read HSBC is strict on how many of their cards you can have. If I have an Orchard secured card, would I still be able to apply for a Best Buy card, or will I be declined for already having an HSBC backed card? Just trying to be cautious with inquiries. thx

EQ Starting Score: 579 | TU Starting Score: 568
EQ Current Score: 650 | TU Current Score: 653
EQ Goal Score: 1000 | TU Goal Score: 1000


Message 1 of 19
18 REPLIES
Established Member

Re: Multiple HSBC cards

I had a regular HSBC card and applied for a David's Bridal card. I didn't have any problem getting it. I found out later it was through HSBC.
Message 2 of 19
Regular Contributor

Re: Multiple HSBC cards


jaystay wrote:
I've read HSBC is strict on how many of their cards you can have. If I have an Orchard secured card, would I still be able to apply for a Best Buy card, or will I be declined for already having an HSBC backed card? Just trying to be cautious with inquiries. thx

         

I have a Orchard Platinum card, and I was approved last week for a Best Buy rewards Gold MasterCard. I'm assuming you can have more than one cc backed by HSBC.

 


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Message 3 of 19
Valued Member

Re: Multiple HSBC cards

I have three HSBC credit cards. Never got denied by a store or company for that reason.
Message 4 of 19
Established Member

Re: Multiple HSBC cards

I think its three cards. I got denied for too many HSBC cards once.
Message 5 of 19
New Contributor

Re: Multiple HSBC cards

I have an Orchard card I got in Sept. and got the Best Buy Reward Zone MC in Dec.
FICO® 8 Scores: 10/16: TU 592 -- EQ 579 -- EX 573; 11/16: TU 626 -- EQ 614 -- EX 605; 12/16: TU 606 -- EQ 589 -- EX 594
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Message 6 of 19
Senior Contributor

Re: Multiple HSBC cards

i have 2 orchard cards, & get offered the best buy reward zone mastercard when i go thru their preapproval thing.
Latest scores: Walmart TU: 769. MyFICO TU: 769. DCU EQ: 755. MyFICO EQ: 780. PSECU EX: 756. MyFICO EX: 780.
Message 7 of 19
Established Member

Re: Multiple HSBC cards

Your account must be at least 18 months apart or they will hit you with a hard pull without even considering you.

You will be shown an error message that says the reason for decline is " You where recently approved for an HSBC acount".

 

Message 8 of 19
Established Contributor

Re: Multiple HSBC cards


madratmedia wrote:

Your account must be at least 18 months apart or they will hit you with a hard pull without even considering you.

You will be shown an error message that says the reason for decline is " You where recently approved for an HSBC acount".

 


 

This is not true. I dont know where you got 18 months. I got two HSBC cards within 30 days of each other. Maybe you applied for another HSBC of the same type. I got a regular household bank card and less than 30 days later got the best buy reward zone mastercard. So I know you can have at least two and you dont have to wait 18 months. I have had great luck with them though. My RZMC I got a CLI by asking upon activation and two months later got an auto CLI. So HSBC has been very good to me and in turn I am using their cards for everything possible as I rebuild.
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2011 Credit Goals
1. No Lates
2. Join the 700 club
3. No inquiries
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Message 9 of 19
Established Member

Re: Multiple HSBC cards

From experience consider yourself lucky Smiley Wink

 

 

Message 10 of 19