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Claim your HSBC Credit Card refund

If you’ve had a credit card from this lender which you could not afford to repay, you could be entitled to claim compensation for unaffordable lending. Your case will be reviewed by our panel of legal firms who will be able to tell you how much you could be owed.

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Who are HSBC?

HSBC provides a wide range of financial services from wealth and personal banking to commercial banking and markets. According to the brand’s website, its network reaches over 63 countries and territories across Europe, Asia, the Middle East, Africa, North America, and Latin America. Throughout the UK, HSBC is a household name and provides retail, commercial, and private banking services. According to the brand’s claimed Trustpilot page external link icon light blue, HSBC scores a ‘bad’ 1.4 out of 5 amongst customers.

What’s the current situation?

HSBC made headlines in the third week of February 2023 as it was announced the firm would be closing 114 branches throughout the year. With customers now predominantly using online banking services, HSBC along with other market leaders are further adapting their digital offering and cutting costs.

Over the last decade, banks and other lenders have seen an influx of irresponsible lending claims in the form of unaffordable lending. In terms of credit card compensation, large brands may owe clients compensation if it is deemed that the customer shouldn’t have been offered so much credit, had insufficient financial background checks, or was treated unfairly.

For example, in November 2022, HSBC was directed by the FCA to settle a customers credit card unaffordability complaint by following the following actions:

  • Write off the remaining balance on the credit card account, once any interest or charges applied to it have been refunded; and
  • Remove any record of the account with the CRAs.

Why choose Claims Bible?

100% Confidentiality

Being discreet is part of our business, our legal representatives will never discuss your case without your permission.

Proven Track Record

So far our claim partners handled thousands of cases and claimed back over £7,600,000 for our clients so you are in safe hands

Claim Professionals

We partner with specialist firms so your claim is handled by an expert who is familiar with your type of claim.

Read more About Us >

Don’t Delay. Check Now.

Don’t miss out on £100’s or even £1,000’s in compensation you could be entitled to. Checking only takes 5 minutes, so why not do it now?

You do not need to use a claims management company to make your complaint to your lender. If your complaint is not successful you can refer it to the Financial Ombudsman Service for free. Claims Bible does not charge you for our service, we may be paid a fee by the final supplier for any introductions. This will not impact on any costs incurred by you. See our partner's "no win no fee" charges here.