How to Auto Debit HSBC Credit Card Payments?

HSBC Credit Card Auto Debit Payment Setup — Categories 

Generally, you can set up Direct Debit for regular payment categories. The list includes —   

• Utility Bills 
• Rent Payment 
• Loan Payments 
• Insurance Premium Payments 
• Lifestyle Subscriptions like OTT platforms, Gym memberships, and others 

How Does the HSBC Credit Card Auto Debit Payment Work?

Here’s how the auto debit facility works for HSBC credit cards —

1. Set up an automatic payment 
2. Mention the payment date, billing amount, and payment schedule
3. Choose your preferred card 

Example: You choose to debit money monthly as per the schedule of your salary. On the same date (that you choose) every month, the exact amount will be debited from your card. 

How to Set Up HSBC Credit Card Auto Debit Payment?

Via HSBC Online Banking 

1. Sign into your account 
2. Click ‘Pay & Transfer’ 
3. Select the autopay option and proceed with the on-screen instructions 

Via Other Companies/ Platforms 

Choose the platform where you would like to set up your automatic payment. Next, provide the following information — 

• Name 
• Residential Address
• Name Registered with Your Bank Account 
• Bank’s Name and Address 
• Account Number IBAN and SWIFT Code 

HSBC Credit Card Auto Debit Payment — Points to Consider

It’s convenient to set up HSBC credit card auto debit payments. However, before proceeding, take note of a few points below — 

• Make sure you have sufficient funds in your card 
• In case the payment date falls on a weekend or public holiday, the debit will be automatically scheduled for the next working day
• If you plan to pause or change auto debit, initiate the process at least four working days before the date of your upcoming due payment
• Companies send you a reminder a few days before your payment due date 

How Can You Cancel Your Auto Debit Payment at HSBC?

You can easily cancel your automatic payment via HSBC online banking. Likewise, if you have an automated payment set on other platforms, contact the customer care of the respective platform. 

Read More: How to Cancel Auto Debit HSBC Credit Card Payments?