HSBC Credit Cards

Key Features:

Welcome Offer- Avail the following welcome benefits-

• 10% cashback (up to Rs. 2,000) for making a minimum of 5 transactions of Rs.10,000 or more in the first 60 days of card issuance
• 3 complimentary airport lounge visits at domestic & international lounges or 3 meal-vouchers for airport restaurants in India
• Amazon Voucher worth Rs. 250 on a single transaction of greater than or equal to Rs.500 (within 30 days of the card being issued)

*The introductory offers are valid from 01 January 2021 to 30th June 2021.

Reward Points- 2 reward points for every Rs.150 spent.

Accelerated Rewards- 5X Reward Points on subsequent purchases made after spending Rs. 4 lakh or more in a year. 

Dining Discounts- Up to 15% discount at over 1,000 restaurants across the country.

Savings on Fuel- Fuel surcharge waiver at any fuel pump across India for transactions between Rs. 400 & Rs. 4,000 with the maximum amount capped at Rs. 250 per calendar month.

Should you go for this card?

HSBC VISA Platinum credit card is best suited for shopping, dining and fuel purchases. You should get this card if you:

• Are new to credit and want a basic credit card
• Are looking for a card with good welcome benefits
• Wish to get a lifetime free credit card
• Frequently visit restaurants and would prefer saving on it

Read Full Review of HSBC Visa Platinum Credit Card

However, if you are looking for a card with additional benefits and category specific discounts, you should look for other similar cards as mentioned below-

Key Features:

Welcome Benefits- The introductory benefits on this card are listed below:

• Amazon voucher worth Rs. 250 on a single transaction of greater than or equal to Rs. 500 (to be made within 30 days of the card being issued)
• 10% cashback on making 5 purchase transactions, made in the first 60 days of card issuance, where the total amount must be Rs. 5,000 or more, (Maximum cashback is Rs. 1,000)
• EMI interest rate at 10.99% p.a. for products booked within the first 90 days of card issuance
• 3 complimentary airport lounge access at domestic & international lounges or 3 meal-vouchers for airport restaurants in India

*The introductory offers are valid from 1st January 2021 to 30th June 2021.

Milestone Benefits- BookMyShow voucher worth Rs. 200 on spending over Rs. 15,000 in a month. 

Rewards- 1 reward point for every Rs. 100 spent across all categories and 3X reward points on online shopping, dining and telecom spend.

Annual Fee Waiver- Annual fee of Rs.499 waived off on spending Rs. 50,000 or more in a year.

Should you go for this card?

HSBC Smart Value Credit Card is suitable for users who want to save money and earn rewards at the same time. You should get this card if you-

• Can spend a nominal annual fee on your credit card
• Are not looking for benefits across any other category

However, if you are looking for a card with additional discounts and category specific discounts, you can look for similar cards from other banks-

Key Features:

Introductory Offers- Make a single transaction of Rs. 500 or more within 30 days of card issuance and get the following introductory offers*:

• Amazon voucher worth Rs. 250
• 3 complimentary airport lounge access at domestic & international lounges or 3 meal-vouchers for airport restaurants in India

*Introductory offers are valid from 1st January 2021 to 30th June 2021

Exclusive Offers- Avail the below listed offers:

• 20% discount on Swiggy orders above Rs. 400, Max. discount Rs. 100, once per month per user
• 5% discount on Amazon on orders above Rs. 1,000. Max. discount is Rs. 250 per card per month

Cashback- 1.5% cashback on all online purchases (excluding the transfer of funds to an online wallet) and 1% cashback on other spending. 

Annual Fee Waiver- Annual fee of Rs. 750 waived off on spending Rs. 1 Lakh in the preceding year.

Dining Discount- Up to 15% off when dining at partner restaurants in major cities

Should you go for this card?

HSBC Cashback Credit Card offers unlimited cashback on all your purchases. You should opt for this card if you-

• Put most of your expenses on credit cards

• Like to shop online often (the bigger spending you make, the more cashback you will get)
• Are ready to pay an annual fee of Rs. 750

Read Full Review of HSBC Cashback Credit Card

However, if you feel that the annual fee does not justify the benefits that the card provides, you can look for other similar credit cards as mentioned below-

Key Features:

Welcome Benefits- Get the following benefits:

• Amazon Voucher worth Rs. 500 on a single transaction of greater than or equal to Rs.500 (to be done within 30 days of the card being issued)
• 3 complimentary airport lounge access at domestic & international lounges or 3 meal-vouchers for airport restaurants in India

*The introductory offer is valid from 1st January 2021 to 30th June 2021.

Reward Points-  2 Reward Points for every Rs. 150 spent.

Accelerated Rewards-  5X Reward Points on subsequent purchases made after spending Rs. 4 lakh in an anniversary year (up to a maximum 15,000 accelerated reward points).

Dining Discount- Up to 15% discount across 1,000 restaurants in major cities of India.

Fuel Surcharge Waiver- Fuel surcharge waiver at any fuel pump across India for transactions between Rs. 400 & Rs. 4,000 with the maximum amount capped at Rs. 250 per calendar month.

Should you go for this card?

HSBC Advance Platinum Credit Card offers a host of services ranging from travel privileges to dining, shopping and more. You should get this card if you-

• Wish to avail discounts on Movies, Flights, Restaurants

• More inclined towards earning rewards than cashback

• Not looking for any exclusive category-specific discount

However, if not satisfied, you can look for other similar options from different banks as mentioned below-

Key Features:

Lifetime Free Credit Card- This card is completely free; there is no joining fee or annual fee

Reward Points- 2 reward points for every Rs.100 spent

Travel Benefits- Enhanced travel benefits through air miles conversion on InterMiles, British Airways and Singapore Airlines.

Lounge Access-  2 complimentary lounge access in a year. Click here for more details.

Golf Privileges- Complimentary one-year membership to Golf Pass. Also, avail 2 complimentary games per month, up to a maximum of 5 games per year. 

Fuel Savings- 1% Fuel Surcharge waiver at any fuel pump.

Additional offer- Unlimited bookings at 40% off at eligible spas and medical centers.

International Travel Insurance- Cover for up to Rs. 1 crore in case of air accident death.

Should you go for this card?

HSBC Premier Mastercard Credit is a premium credit card. You should opt for this card if you-

• Already maintain a quarterly Total Relationship Balance (TRB) of Rs. 4 lakh with the bank

• Do not wish to pay annual and joining fee on your card

• Looking for discount across categories

• Would like to get benefits on travel, golf
• A frequent traveller and want to avail complimentary lounge access

However, if you wish to get additional benefits and are ready to pay annual fee for the same, you should look for similar credit cards from other banks-

Read more on this page

Here are the common features and benefits of HSBC Credit Cards which can be availed by its users:

1. Instant EMI: Use your HSBC Credit Card to purchase a wide range of items and services, from electronics to travel and more, and pay back in EMIs (Equated Monthly Instalments) at your leisure.

2. Balance Transfer: Balance Transfer-on-EMI is a service that allows you to transfer your outstanding balance from other bank credit cards to your HSBC Credit Card and pay it off in convenient monthly instalments at a reduced interest rate.

3. Loan on Phone: A dream vacation, a new television, or a computer; All of this is made simple by HSBC’s exciting new ‘Loan on Phone’ function on your HSBC credit card! Shop more and pay off your debts with lower interest rates.

4. Secure Online Payments: Online purchases made with your HSBC Credit Card are protected with extra security.

5. Fuel Surcharge: HSBC MakeMyTrip Credit Cards, Platinum Credit Cards, and Premier Credit Cards offer you to fill up your gas tank anywhere, at no extra cost and without the need to carry a huge amount of cash. Save 1% on fuel surcharges at every pump, everywhere.

6. Balance Conversion: HSBC Credit Card allows you to spend today and pay later facility under the Balance Conversion feature. You can now divide your outstanding balance and pay it in easy EMIs.

7. Online Banking: You can manage your HSBC Credit Card easily with HSBC’s online banking facility from anywhere in the world.

8. Cash on EMI: Do you require cash on your credit card? Your HSBC Credit Card’s Cash-on-EMI function allows you to borrow money and pay it back in instalments at a reduced interest rate.

*Certain charges may vary from card to card. Please refer to the terms and conditions for card variants separately.

Every time you use your HSBC Credit Card, you will earn reward points which can later be redeemed for vouchers, merchandise and more. The table below shows the reward rate on HSBC credit cards.

HSBC Credit Card Reward Redemption

You can redeem the accumulated reward points against varied redemption options. You can also convert the rewards into air miles when booking flight tickets on Jet Airways & Singapore Airlines. Given below is the table for conversion ratio-

*For HSBC Premier MasterCard® Credit Card

**For other HSBC Credit Cards

You can also access HSBC credit card rewards catalogue to choose from a host of reward redemption options.

To be eligible for an HSBC Credit Card, you are required to meet the basic eligibility criteria set by the bank as shown below-

Note: To be eligible for HSBC Advance Visa Platinum Credit Card and HSBC Premier Mastercard Credit Card, you are required to maintain a quarterly Total Relationship Balance (TRB) of Rs.5 lakh and Rs.40 lakh respectively with the bank. 

HSBC Bank Credit Cards are not available on Paisabazaar’s platform. Those who wish to apply can either go to the bank’s official website and fill out the online application form or visit the nearest HSBC Bank branch.

Quick Links on How to Manage Your HSBC Credit Card

Here are the most important how-to instructions about managing your HSBC Credit Cards, if you already own one.

The HSBC credit card customer care number is

1860 108 7788

or

1860 500 2277

You can also reach the customer care department by writing an email, letter or by directly visiting the nearest HSBC branch.

How to generate a new PIN for HSBC Credit Card?

Your HSBC Credit Card PIN is sent via SMS within 3 working days from the date of card issuance. If you wish to change your credit card PIN, you can visit an HSBC ATM and select the ‘Change PIN’ option on the screen to proceed. 

How to pay HSBC credit card bill?

There are multiple ways to pay your HSBC credit card bill. You can use HSBC netbanking, mobile banking, NEFT/RTGS, BillDesk, and more. Click here to read all about HSBC Credit Card Bill Payment.

Which is the best HSBC credit card?

HSBC Platinum, HSBC Smart Value, and HSBC Cashback Credit Card are some of the best options from HSBC. But, the suitability of these cards depends on what type of card you need and what are your spending habits. Besides, it is important to meet the minimum income requirement to get any credit card.

Can I use HSBC Credit Cards to make international payments?

Yes. All HSBC Credit Cards are internationally accepted.

What happens if I lose my credit card?

You should immediately call the customer service of the bank to report the loss of a card. The bank will issue a new card and dispatch it to your address.

How to change my address for HSBC Credit Card?

You can call the customer service department of HSBC to inform them about any address change. If you have registered for the net banking services of HSBC, you can process address change through the same.

What if I cross the credit limit on my HSBC Credit Card?

HSBC charges an over-limit fee on its credit cards if the user exceeds the available credit limit.

Can I upgrade my HSBC credit card?

Yes. Card upgrade facility is offered by HSBC on its credit cards. However, your eligibility for the same will be decided by the bank. If you wish to upgrade to a better credit card, you can send a request to the bank.

Why is my HSBC credit card declined at a store?

The card can be declined because of many reasons, the most common being an insufficient credit limit. So, if you think you have sufficient limits and still your card is declined, you must call the bank to find out the issue.