HSBC Premier credit card - too good to be true?

QF_Flyer said:
I've got a checking account with HSBC US, so I called them to open the CC account - meeting Premier criteria in Australia is sufficient to qualify overseas too, subject to any other requirements (which vary by country). This was a couple of years ago I opened the CC account, but don't think anything has changed.
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Checking account means bank account? I also have a US HSBC Premier account. Does that qualify me as well?
 

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