HSBC VISA Platinum credit card is best suited for shopping, dining and fuel purchases. The cardholder can also earn reward points and get access to a host of other premium services from the bank including concierge services, zero lost card liability and emergency card replacement.
Features and Benefits
Introductory Benefits: The customers can avail of the following benefits on joining.
- 10% cashback up to Rs. 2,000 on making minimum of 5 transactions that add up to Rs. 10,000 or more within the first 60 days of card issuance
- Get Amazon Voucher worth Rs. 500 on making a single spend of Rs. 500 or more within 30 days of card issuance
- Spend Rs. 50,000 in a month and get BookMyShow Vouchers worth Rs. 500. Vouchers worth Rs. 3,000 can be availed per cardholder per year.
- Introductory offers are valid on this credit card from 1st July 2020 to 31st December 2020
Accelerated Rewards: Earn 5X reward points on subsequent purchases made after spending Rs. 4 lakh or more in a year up to Rs.15,000 Accelerated Reward Points in a year.
Saving on Fuel: Get a fuel surcharge waiver at any fuel pump across India for transactions between Rs. 400 and Rs. 4,000 with the maximum amount capped at Rs. 250 per calendar month.
Similar Credit Cards from Other Banks
|Credit Card||Annual Fee||Reward Points||Net Savings|
|HSBC VISA Platinum Credit Card||NIL||Earn 2 Reward Points for every Rs. 150 spent||Rs. 14,167*|
|HDFC Moneyback Credit Card||Rs.500||Earn 2X Rewards on online spends||Rs.484*|
|Standard Chartered Platinum Rewards Credit Card||Rs.250||Earn 5 Reward Points for every Rs.150 spent at partner dining restaurants||Rs.8,510*|
|ICICI Bank Coral Contactless Credit Card||Rs.500||Earn 2 Payback Points on every Rs.100 spent||Rs.10,636*|
|Standard Chartered Manhattan Platinum Credit Card||Rs.999||Earn 3X Reward Points on Hotel Reservations, Dining, Utility Bills etc.||Rs.8,697*|
Fee and Charges
|Finance Charges||3.3% p.m. (39.6% p.a.) computed from the date of transaction|
|Add-on Fee (per annum)||Nil|
|Interest-Free Credit Period||Up to 45 days|
|Minimum Payment Due (MPD) on extended credit usage||5% of the total payment due to the statement plus greater of past due or over limit due (if any), subject to a minimum of Rs. 100. Interest will be charged on the extended credit as per terms and conditions|
|Duplicate Statement Request||Rs. 100 per statement (beyond last 3 months)|
|Transaction fee for cash advances||2.5% of transaction amount (subject to a minimum of Rs. 300)|
|Late Payment Charges||Minimum Payment Due AmountUp to Rs. 500 – Fine of Rs. 400|
Between Rs. 500 & Rs. 1,000 – Fine of Rs. 500
Above Rs. 1,000 – Fine of Rs. 750
|Over Limit Fee||Rs. 500 per month|
|Foreign Currency Transaction Fee||3.50% of the amount|
Eligibility and Documentation
How to Apply for HSBC Visa Platinum
HSBC Visa Platinum Credit Card is not available on Paisabazaar’s platform. For 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.
What is zero liability for lost card?
Zero liability lost card means that the cardholder will not held responsible for unauthorized transactions made with cardholder’s account.
Will I be charged if I use my card overseas?
You will be charged a transaction fee for cash withdrawal of Rs. 100 at overseas ATMs.
Can I opt for emergency cash?
Yes, you can opt to receive emergency cash at over 22,000 outlets globally.
What are the identity proofs required to apply for HSBC VISA Platinum credit card?
The identity proofs required to apply for HSBC VISA Platinum credit card are :
- Aadhaar Card
- Any one of the following photo cards:
- PAN Card
- Voter ID Card
- Government ID
Other Credit Cards with Rewards Benefit
|Credit Card||Annual Fee||Key Feature||Paisabazaar Rating|
|SBI Card Prime||Rs. 2,999||Earn 20 reward points per Rs. 100 spent on utility bill payments through standing instructions||4.2/5|
|HDFC Regalia Credit Card||Rs. 2,500 plus taxes||Earn 15,000 reward points on spending Rs.8 lakh or more in every anniversary year||4.5/5|
|ICICI Bank Manchester United Signature Credit Card||Rs. 2,499||Earn 5 PAYBACK points per Rs. 100 spent at retail purchases||3.2/5|
|American Express Platinum Travel Credit Card||Rs. 5,000||Earn Welcome Gift of 5000 milestone bonus membership reward points||4.4/5|
Please Note: HSBC Bank is not a Paisabazaar partner. Offers would be from partner Banks/NBFCs only.