HSBC is a British Multinational banking and financial services holding company, which is also provides credit cards that come with host of benefits and privileges. Rewards points earned with HSBC credit cards after every transaction can be used to either buy a product from the reward catalog or turn into air miles as and when required by the customer.
How to Earn HSBC Credit Card Reward Points
HSBC credit cards are widely accepted which allows the customer to make payments for a variety of purchases like grocery shopping, online purchases, flight bookings, bill payments and more.
Reward points that can be earned on different HSBC Credit Cards are as follows:
| Credit Card | Reward Point | Accelerated Reward Points |
| HSBC Visa Platinum Card | 2 Points per Rs.150 spent | 5X Points on crossing spend amount Rs.4 lakh till Rs.10 lakh |
| HSBC Smart Value Credit Card | 1 Point per Rs.100 spent | 3X points on Online, Dining, and Telecom spends |
| HSBC Premier MasterCard© Credit Card | 2 Points per Rs.100 spent | Extra points on International Spending |
| Advance Visa Platinum Card | 2 Points per Rs.150 spent | 5X Points on crossing spend amount Rs.4 lakh till Rs.10 lakh |
Air Mile Conversion of HSBC Credit Card Reward Points
HSBC credit card users enjoy the added benefit of being able to convert their reward points into air miles. The credit cards on which users can convert their reward points to air miles along with the conversion ratio are listed below:
| Credit Card | Jet Airways Conversion Rate | Singapore Airlines Conversion Rate |
| HSBC Visa Platinum Card | 2 Reward Points = 1 JPMiles | 1 Reward Points = 1 Kris Flyer Mile |
| HSBC Premier MasterCard© Credit Card | 3 Reward Points = 1 JPMiles | 1 Reward Points = 1 Kris Flyer Mile |
| Advance Visa Platinum Card | 2 Reward Points = 1 JPMiles | 1 Reward Points = 1 Kris Flyer Mile |
To convert your reward points to the airline loyalty program you can call HSBC Bank’s customer care cell.
How to Redeem HSBC Credit Card Reward Points
HSBC credit card reward points can be redeemed through online method or over call with customer service for products or vouchers.
Redeem HSBC Credit Card Reward Points Online
To avail the benefits of your accrued reward points follow the steps below:
- Head over to the rewards catalogue of HSBC Bank.
- Select the category from which you want to make your purchase
Alternatively, you can browse all the categories on the page itself.
- Against the product you want to buy specify the quantity of your purchase.
- Click on Add Selection to Cart.
- Click on View Cart.
- Click on Redeem Now, and enter your Username/ Internet Banking ID.
- Complete the necessities and checkout.
Redeem HSBC Credit Card Reward Points through Customer Service
To avail the benefits of your accrued reward points follow the steps below:
- Call HSBC Bank’s customer care.
- Request Redemption on the Interactive Voice Response (IVR)
Let the executive know what you want to purchase and redeem the points for the item.
HSBC Credit Card Rewards Catalogue
HSBC credit card reward points can be used to get a host of items and vouchers such as:
- Lifestyle Vouchers
- Bags, duffel bags, etc.
- Electronic Items
- Gift Vouchers
- Air Miles
- Charitable Donations
HSBC Bank reward catalogue hosts some reputed brands such as GANT, US Polo Assn., Havells, WWF, SOS Children, etc.
HSBC Credit Card Reward Points FAQs
Can I get cash advance or cash for reward points?
No, HSBC Bank does not convert your reward points to cash advance or cash.
How long do the HSBC Bank’s reward points last?
The reward points for HSBC Bank credit card follow a rolling system plan; this means your reward points that were redeemed in the first year of credit card membership will expire in your third year of credit card membership.
Can you make a purchase with cash and reward points?
There are some items for which customer can use “Points + Cash” option and this way they can pay for the item with both reward point as well as cash. Do note that the cash will be charged to your HSBC credit card.
Can I convert part of my reward points to air miles?
Yes you can specify the amount of reward points that you want to convert to air miles.
Can I transfer my reward points to someone else’s reward or loyalty program?
No, you cannot transfer your reward points to someone else’s reward or loyalty program.