Special note for Union Plus Credit Card holders
HSBC’s sale of credit card portfolio to Capital One
In August 2011, HSBC announced that it planned to sell most of its U.S. credit card assets (including the Union Plus Credit Card) to Capital One. That sale officially closed on May 1, 2012. The Union Plus card is now issued by Capital One, N.A.
At this time, your Union Plus credit card will continue to function as it does today. Please continue to use your card as you always have. There is no action required on your part to do so.