HSBC Westside Classic Credit Card

23standard credit card interest rates on the balance outstanding. IfMinimum Amount Due (as defined above) is paid only, the standardcredit card interest rates will be levied on the balance outstanding.However, if such partial payments do not cover the amount of EMIfor the month, standard finance charges (including late paymentfee) will be levied also.As an illustration:• Balance Transfer EMI = Rs. 1,000• Other outstanding balances = Rs. 2,000• Total closing balance for the month = Rs. 3,000• Minimum Payment instruction = 5% of outstanding retail balance +EMI due on BT• Minimum Payment due = (5% x INR 2,000) + INR 1,000 =INR 1,100Scenario I:• Amount paid = Rs. 1,200• Amount Outstanding = Total payment due – Amount paid =INR 1,800Finance charges at the applicable rate will apply on INR 1,800 in thenext billing cycle.Scenario II:• Amount paid = INR 3,000• Amount Outstanding = 0No finance charges will apply.10. Please note that the payment made will be apportioned as per thepayment hierarchy. Please note in case the amount paid does notclear the EMI amount (partly or fully), the remaining EMI amount willbe added in the next months Minimum Amount Due along withstandard interest rate charged on the said amount.Balance Transfer on Phone facility1. Balance Transfer on Phone facility entitles select HSBC cardholdersto apply for Balance Transfer feature on phone.2. Regular eligibility criteria for Balance Transfer apply.3. Balance Transfer on Phone is available only to cardholders with cardaccount relationship of more than 3 months on the date of BalanceTransfer application.4. Cardholders can transfer amounts only up to Rs. 75,000 throughBalance Transfer on Phone.5. Cardholders need not submit other bank card statement for availingof Balance Transfer on Phone. HSBC will conduct a 'dummyauthorisation for Rs.1,000.00' on the other bank credit card. If theauthorisation is successful, Balance Transfer transaction will beapproved subject to regular Balance Transfer approval conditions.6. Other terms and conditions of Balance Transfer feature apply, unlessotherwise specified above.Balance Transfer on Internet1. HSBC Westside Classic Credit Cardholders can apply for BalanceTransfer by completing the application form on online@hsbc.2. Balance Transfer requests will be processed provided theinformation given by the Cardholder is complete and accurate. If