Salam,
I applied for a student account and they asked if I wanted a credit card with it so i just said yes but when I checked about the card online I got a feeling it might be haram.
http://www.hsbc.co.uk/1/2/personal/current-accounts/student-banking/student-bank-account;jsessionid=0000Cp6ip1-Ac45_KDNbPigMtaf:12c58t1e1
10 reasons to take HSBC’s Student Service
* Up to £2,000 interest free overdraft* - it’s fee free too.
* We’ll pay you 6% AER variable (5.84% Gross) monthly on balances up to £1,000 in your current account, during your first year at Uni.
* Go Green and virtually paper free.
* Overdraft limit alerts at HSBC cash machines.
* In-branch student advisors.
* Talking Money student microsite.
* Online budget calculator.
* Student Credit Card* with typical 18.9% APR (variable) and a credit limit of £500.
* Access to your cash wherever you are in the world. Get local currency at over a million cash machines worldwide***.
* Two years free worldwide travel insurance – covering your first two student summers**. (If you paid in at least £250 in one lump sum into your student account between 1st August and 31st October 2008).
Does anyone know if I should return the card or just keep it? I have a few weeks to return the card after that I have to keep it.
I applied for a student account and they asked if I wanted a credit card with it so i just said yes but when I checked about the card online I got a feeling it might be haram.
http://www.hsbc.co.uk/1/2/personal/current-accounts/student-banking/student-bank-account;jsessionid=0000Cp6ip1-Ac45_KDNbPigMtaf:12c58t1e1
10 reasons to take HSBC’s Student Service
* Up to £2,000 interest free overdraft* - it’s fee free too.
* We’ll pay you 6% AER variable (5.84% Gross) monthly on balances up to £1,000 in your current account, during your first year at Uni.
* Go Green and virtually paper free.
* Overdraft limit alerts at HSBC cash machines.
* In-branch student advisors.
* Talking Money student microsite.
* Online budget calculator.
* Student Credit Card* with typical 18.9% APR (variable) and a credit limit of £500.
* Access to your cash wherever you are in the world. Get local currency at over a million cash machines worldwide***.
* Two years free worldwide travel insurance – covering your first two student summers**. (If you paid in at least £250 in one lump sum into your student account between 1st August and 31st October 2008).
Does anyone know if I should return the card or just keep it? I have a few weeks to return the card after that I have to keep it.