HSBC Advance customers who use their HSBC Advance VISA credit card for their purchases until 31 July will automatically qualify to take part in the ‘Spend and Win’ Summer Competition. A virtual ticket will be earned for every €100 spent.

Ten customers will be selected at random to take part in a general knowledge quiz which will decide who will drive home in a brand new Ford Focus Coupe Cabriolet. The other nine participants will be able to walk home with travel vouchers worth €2,000 and €1,000, 40”, 36” and 32” LED TVs, an Apple iPad, an Apple iPhone, an Apple iPod, and a digital camera.

Other prizes will be won during May and June. During each month, five customers will be selected, at random, to take part in a competition to win travel vouchers worth €1,000 and €500 and Marks and Spencer vouchers worth €300, €200 and €100.

The HSBC Advance VISA Card offers a smart and effective way of shopping. Customers have a credit limit tailored to their needs and can enjoy an interest-free period of up to 56 days on purchases.

For a small monthly fee, HSBC Advance offers free worldwide multi-trip travel insurance, access to HSBC’s unique rewards scheme whereby points earned through credit card spend can be redeemed for Marks and Spencer vouchers or Air Malta KMiles. The Advance Card also provides ‘peace of mind’ with purchase protection covering goods purchased locally, abroad and over the internet.

Andy Ripley, HSBC’s Head of Personal Financial Services, said: “Customers are using their credit cards more and we have seen a 13% year-on-year increase in overall usage and in particular, at supermarkets. Credit cards allow customers to pay for goods and services in over 3,000 outlets in Malta, over 30 million outlets in 160 countries worldwide as well as over the internet. In addition, customers are able to keep track of their expenditure through the itemised monthly statements.”

“The ‘Spend and Win’ Summer Competition is in addition to other special offers held throughout the year which help us to reward customers for their loyalty and for choosing HSBC as their trusted financial partner.”

“HSBC Advance offers good value for money to our customers with a typical family of 3 saving up to €345 on an annual basis. Customers may make further savings by taking advantage of the various discounts and benefits enjoyed under HSBC Advance,” Mr Ripley said.