HSBC offers a range of credit cards to cater to various spenders, meeting distinctive needs and lifestyles. This article will provide key information about three prominent credit cards offered by HSBC India.
1. HSBC Cashback Credit Card
The HSBC Cashback card might be your perfect match for those who love to get rewarded with every transaction.
Earn routine returns: 10% accelerated cashback on all dining, food delivery, and grocery spending (capped up to INR 1,000 per billing cycle).
Rewards for other spends: Enjoy 1.5% unlimited cashback on all other spends, excluding specific categories.
Lounge access: Enjoy 4 complimentary domestic lounge visits per year (1 per quarter)
Fees reversed: The annual membership fee of INR 999 is reversed if your total annual spend exceeds INR 200,000.
Eligibility: Applicants should be at least 18 years of age and have a minimum annual income of INR 400,000.
2. HSBC Visa Platinum Credit Card
This card offers all-round benefits beyond just shopping.
No extra costs: Enjoy nil joining and annual fees.
Earn as you go: Get 2 reward points for every INR 150 spent. Multiply your earnings with 5X Rewards on subsequent purchases made after crossing spend amount of INR 400,000 in an anniversary year, the maximum being 15,000 accelerated reward points.
Enjoy extra perks: Fuel surcharge waiver and air miles conversion on InterMiles, British Airways, and Singapore Airlines.
Diverse offers: Avail discounts on movies, flights, restaurants, and more.
Eligibility: Applicants must be at least 18 years of age and possess a minimum annual income of INR 400,000.
Also, read Axis Bank Credit Card Status
3. HSBC Premier Credit Card
It is exclusively designed for individuals who want luxury and enhanced benefits.
Elite card: Get a metal credit card crafted for perfection.
Travel companion: Unlock one of the lowest foreign exchange fees – pay just 0.99% each time, with no terms and conditions.
Multiple rewards: 1:1 redemption for 20+ airlines and Apple products with Imagine vouchers.
Unrestricted access: Unlimited airport lounge access in India and globally, along with 8 international guest visits.
Earn more: Acquire 3 Reward points for every INR 100 spent. The best part is that your points will never expire.
Exclusivity: Available to HSBC Premier customers.
Fees: INR 12,000 as a joining fee (applicable post activation) and INR 20,000 as an annual or renewal fee (waived for Qualified customers with an HSBC Premier relationship in India).
Comparison Table for HSBC Credit Card Types
| Features | HSBC Cashback Credit Card | HSBC Visa Platinum Credit Card | HSBC Premier Credit Card |
|---|---|---|---|
| Card Type | Cashback | Rewards | Premium |
| Reward Scheme | 10% cashback on dining, food delivery, and groceries; 1.5% unlimited cashback on all other spends | Elite metal credit card, 1:1 redemption for 20+ airlines and Apple products with Imagine vouchers, points do not expire. | 3 reward points for every INR 100 spent |
| Foreign Transaction Fees | Standard | Standard | 0.99% |
| Lounge Access | 4 complimentary domestic lounge visits per year | NA | Unlimited airport lounge access in India and globally |
| Eligibility | Minimum annual income of INR 400,000 | Minimum annual income of INR 400,000 | HSBC Premier customers only |
| Joining Fees | INR 999 (reversed if your total annual spend exceeds INR 200,000) | Nil | INR 12,000 |
| Annual Fees | INR 999 (reversed if your total annual spend exceeds INR 200,000) | Nil | INR 20,000 (waived for Qualified customers) |
| Added Benefits | NA | Fuel surcharge waiver, air miles conversion | Elite metal credit card, 1:1 redemption for 20+ airlines and Apple products with Imagine vouchers, points do not expire |
You can visit the HSBC website, check their available credit cards, and apply for a suitable one.
Summing Up
To conclude, if you’re an individual who loves unlimited cashback, the HSBC Cashback card may appeal to you. For someone who doesn’t want an annual fee but still wishes to accrue rewards, the HSBC Visa Platinum might be appealing.
And finally, for individuals who want a premier experience with travel benefits and access to luxury, the HSBC Premier card might be your best bet. So pick the one that best suits your needs and lifestyle!
Frequently Asked Questions (FAQs)
HSBC Cashback Credit Card offers an accelerated cashback of 10% on all dining, food delivery, and grocery expenses, capped at INR 1,000 per billing cycle.
The HSBC Visa Platinum Credit Card does not charge any joining or annual fee.
Reward points earned on the HSBC Visa Platinum Credit Card can be converted into air miles on InterMiles, British Airways, and Singapore Airlines.
With the HSBC Premier Credit Card, you unlock one of the lowest foreign exchange fees, paying just 0.99% each time. In addition, you get unlimited airport lounge access in India and globally, with 8 international guest visits.
No, the reward points acquired on the HSBC Premier Credit Card will never expire.
Applicants should be at least 18 years old and have a minimum annual income of INR 400,000.
The HSBC Premier Credit Card is available to HSBC Premier customers. The card offers the best-in-class benefits to the cardholder.
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