Holiday
Spending
T
here are lots of ways you
can save over the holiday
season from cutting back
on the presents, decorations, food
and entertainment to celebrating
at home more. The question is, do
you really want to? What would the
holidays be like if you didn’t indulge
both your wallet and your waistline?
The key thing is that if you are going
to spend – you need to spend the
right way. That means bringing out
every tool you have at your disposal
from doing your holiday shopping
on discount days at local retailers
to redeeming points on your credit
card to assist in making those
holiday purchases.
You have likely used your HSBC
Credit Card to make many purchases
throughout the year. Why not use
your accumulated points now to
assist in purchasing your holiday
gifts? You can redeem your points
for gift certificates to local and
overseas retail stores, travel, dining
or to make a donation to a local
charity. You can even use all those
reward points to pay yourself with
cash back.
If you choose to use your credit
card for purchases be sure to have
a plan in place. The smart thing is
to make sure any purchases you
make on your credit card are paid
for before you receive your credit
card statement. That way you get
the benefit of buying now: paying
later, as well as building your reward
points. With online banking you
don’t even need to wait for your
statement to be delivered, you can
go online to check your balance
owed and transfer money over
to your credit card before your
payment due date. However, you
have to be self-disciplined enough
to transfer the money to your credit
card before the due date otherwise
you’ll have undone all of your good
work.
Understandably some people just
avoid the temptation of credit cards
all together. But that doesn’t mean
they can’t take advantage of another
kind of reward. HSBC is holding
a weekly draw for a $500 travel
voucher between now and 1 January
every time you use your HSBC Visa
Debit Card for local purchases.
The grand prize is a $5,000 travel
voucher.* What’s more, it isn’t
just for the big spenders out there
as there is no minimum purchase
criteria to be entered into the prize
draws. It’s simply the more times
you use your debit card, the more
times you get entered into the prize
draw. So even if you are cutting
back this holiday season and don’t
think you’ll be in a position to rack
up credit card reward points you
can still get rewarded for using your
HSBC Visa Debit Card instead of
cash or cheques.
At the end of the day it’s about
managing your money responsibly
over the holiday season. Lets be
honest, most of us will overspend,
we will be eating leftovers and
returning gifts in January. But by
using your HSBC Visa Debit Card for
your holiday and everyday purchases
between now and 1 January, you
could be planning a trip of a lifetime.
Now that is the gift that will keep
giving, well after the holiday season
is over.
*Terms and Conditions apply. Issued by HSBC
Bank Bermuda Limited which is licensed to
conduct Banking and Investment Business by
the Bermuda Monetary Authority.
4221
GOOD
THRU
MR J LIVINGSON
001 011111 011
01/08
1
For more information
visit us online
HSBC Visa Debit Card Draw
www.hsbc.bm/getaway
HSBC Credit Card Rewards
Programme
www.hsbc.bm/rewards