HSBC sees 50% rise in credit cards in 2004

HSBC has updated it credit cards in the Philippines to try and capture a larger market share of the potential customers.

Being one of the largest foreign banks in the land, HSBC are expecting to see a 50% rise in custom when they introduce the add on features to it’s credit cards.

They have already seen a rise in growth of they’re woman only Red MasterCard, which is co- branded with Philippines Airline and this card is already accepted in almost 30 million shops and services around the world.

They will now have little add-on’s to entice the ladies who don’t already have the credit card to buy into one. These will include a 0% instalment plan, which will use an array of fashion houses that are popular with women. This will have some of the biggest names in fashion attached to the credit card including, Prada, Ralf Lauren and Gucci amongst others.

Lots of other advantages are to be had on this credit card and with the way the women of this world like to spend and be pampered, then it is sure to be snapped up with the vigour that the HSBC expects.