HSBC Smart Value Credit Card

With HSBC Smart Value Credit Card, you can earn exclusive privileges and gift vouchers at the time of joining. Apart from this, you can also earn higher reward points on your spends at selected categories. Below mentioned are some of the major HSBC Smart Value Credit Card benefits:

Multiple Welcome Benefits

At the time of joining, you can avail exceptional welcome benefits without any joining fee. Here are all the welcome benefits that you can avail via this credit card:

• Amazon voucher worth Rs. 1,500
• 50% discount (up to Rs. 100) on first transaction via Google Pay
• 10% cashback (up to Rs. 1,000) after 5 transactions with total spending of Rs. 5,000 within first 60 days from the date of card issuance*
• Monthly installment at 10.99% per annum, this is applicable to loan on phone, balance transfer on EMI and cash on EMI within 90 days from the date of card issuance
• 3 complimentary airport lounge access at domestic & international lounges or 3-meal vouchers for airport restaurants in India

*The eligible cashback will be credited within 60 days after completion of 60 days from credit card issuance.

Note: HSBC Smart Value Credit Card introductory offers are valid on cards issued between 1 January 2022 to 30 June 2022.

Up to 3X Reward Points

This credit card lets you earn 3X reward points on selected categories which you can later redeem for a host of gifts and vouchers available on the HSBC Bank Credit Card rewards catalogue. Here are all the details regarding the same:

• 3X reward points on all spends on online, dining and telecom categories (maximum at 1,000 incremental reward points per month)
• 1 reward point for every Rs. 100 spent

Note: The earned reward points are valid for 2 years.

Other Benefits

HSBC Smart Value Credit Card also offers other privileges, such as low-interest EMI, exclusive HSBC Credit Card offers and dynamic annualized percentage rate. Below mentioned are some of the other HSBC Smart Value Credit Card benefits:

Low-interest EMI: Manage your payments or transfer your balances on EMI and borrow cash and repay in installments at a lower interest rate.

Dynamic Annualized Percentage Rate (APR): This credit card comes with a dynamic interest rate, starting from 3.49% per month (41.88% per annum) that can go down up to 1.99% per month (23.88% per annum) depending upon your risk profile.

Fuel Surcharge Waiver: Up to Rs. 3,000 annual savings on fuel surcharge.

HSBC Card Offers: Discounts on travel, electronics, groceries, dining and more via HSBC card offers.

The fees and charges applicable to HSBC Smart Value Credit Card are mentioned in the table below:

Click here to view other associated fees and charges.

The applicant must fulfill the below-mentioned eligibility criteria to apply this credit card:

Read in detail: HSBC Credit Card Eligibility Criteria

HSBC Smart Value Credit Card is an entry-level credit card that lets you earn decent reward points on your daily expenses. However, the higher reward points are offered on selected categories and if you are not a frequent shopper or a regular user of these categories, then the rewards rate offered on this card might not be flattering for you.

Apart from rewards, you can also avail cashback on selected purchases, which is an additional benefit. One of the excellent features of this credit card is that it offers multiple welcome benefits without any joining and annual fees, which is generally not offered on entry-level credit cards. Overall, you can apply for this card if you are new to credit & looking for a basic credit card and don’t want to pay an annual fee. However, you can look for other rewards credit cards in case you want to avail better benefits.

If you are looking for other credit cards that offer benefits similar to this one, then you can refer to the cards mentioned in the table below:

*Terms and conditions are applicable. 

Q. How can I apply for HSBC Smart Value Credit Card?

A. You can apply for this credit card through online and offline modes. To apply online, you can visit the official website of the bank and fill out an application form. If you want to apply offline, then you need to visit the nearest branch of the bank to proceed with the application.

Q. Does reward points offered on HSBC Smart Value Credit Card get expire?

A. Yes, the reward points come with a validity of 2 years, which means you need to redeem your reward points within 2 years of receiving them. You can click here to know how you can redeem your HSBC Credit Card reward points.

Q. How can I pay my HSBC Smart Value Credit Card bill?

A. You can pay your HSBC Credit Card bill online through net banking, mobile banking, NEFT/ RTGS and BillDesk. To pay your bill offline, you can deposit cash or cheque by visiting the bank’s nearest branch. However, the bank charges a fee of Rs. 100 if you pay your credit card bill through cash.

Q. Can I use my HSBC Smart Value Credit Card for international transactions?

A. Yes, you can use any of the HSBC credit cards for international transactions. However, the bank will charge a foreign currency markup fee of 3.5% for using your credit card internationally.

Q. How can I activate my HSBC Smart Value Credit Card?

A. You can activate your HSBC Smart Value Credit Card by calling on the customer care number. The bank executive will ask a few questions for verification before activating your credit card. You can also activate the credit card by using the ATM PIN you have received in the welcome kit.