HSBC RuPay Platinum Credit Card
Reward Points
Lifetime Free
Zero joining fee/annual fee
Rewards
2 reward points per Rs. 150
Redemption
Miles conversion against 15+ partners
Find Best Credit Card Offers
It hardly takes 2 minutes
+91
0 /10 Digits
Don't worry, this will not affect your credit score
The entered number doesn't seem to be correct
About HSBC RuPay Platinum Credit Card
The HSBC RuPay Platinum Credit Card is a lifetime-free rewards credit card with UPI-linked benefits. At zero annual fee, the card offers rewards on all transactions. Plus, the Amazon gift voucher, cashback benefits, and EazyDiner membership on activation offer a good start to maximize benefits on everyday purchases. In addition to these features, what gives this card an edge over other lifetime free RuPay credit cards is the miles conversion feature. Unlike most RuPay Cards that come from the entry-level category, with the HSBC variant, consumers can utilize the accumulated reward points not just across gift cards but across 15+ airline and hotel partners such as Air India, Air Asia, British Airways, Accor, Marriott International, and Shangri-La, among others.
To add more to the overall value-back, it also offers some co-branded benefits (limited period offer) with Swiggy, Tira, Paytm, and Cleatrip. This card is a good choice for users seeking their first credit card with zero annual fee at an easy income eligibility. With this launch, HSBC puts forth a decent addition to the list of RuPay credit cards in India, adding more to its continuous climb in the cards market. Read on to know more.
Note: This card is not available on Paisabazaar. The content on this page is for information only.
Rewards Structure:
Reward Earning:
- 2 reward points for every Rs. 150 spent1 (including UPI transactions)
Reward Redemption:
- Rewards can be redeemed instantly via the HSBC India app
- Redemption options: You can redeem your accumulated reward points for:
– Gift cards
– Miles conversion against Airlines and Hotels:
Other Features & Benefits :
- Activation Benefits:
– Amazon eGift voucher worth Rs. 1002
– Cashback worth Rs. 500 on spending Rs. 5,000 within first 30 days
– 2-month EazyDiner membership
- Co-branded Benefits:3
– Swiggy Instamart: 10% off on grocery orders of Rs. 500 and above; capped at maximum discount of Rs. 200
– Tira: 10% off on orders of Rs. 2,499 and above, valid every Wednesday; capped at Rs. 1,000
– Paytm: 5% off on transactions of Rs. 299 and above on bill payments- mobile (prepaid and postpaid), broadband, DTH, water bills, gas cylinders, piped gas bills, FASTag and electricity bills; capped at Rs. 150
– Cleartrip: Up to Rs. 6,000 off on flights and hotels - Fuel:
The card offers a fuel surcharge waiver on transactions between Rs. 400 and Rs. 4,000, capped at Rs. 250 per month.
HSBC RuPay Platinum: Fees & Charges
| Fee Type | Amount |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.75% p.m. | 45% p.a. |
| Late Payment Charges | 100% of the Minimum Payment Due (subject to a minimum of Rs. 250 and a maximum of Rs. 1,200 per month) |
Things to Know Before you apply
Get this Card if:
You want a lifetime free credit card
You want credit card linked UPI benefits
You can utilize the miles conversion benefit on the card
Eligibility Requirements:
Age: Between 18 to 65 years old
Income: Minimum Rs. 4 Lakh per annum (for salaried)
Offered in selected cities
Paisabazaar Review
What do we like about this card?
At zero joining fee, card users avail activation benefits worth more than Rs. 600. Additionally, beyond the expected reward benefits, the card takes it a notch higher via miles conversion across 15+ travel partners. It comes at an easier annual income eligibility of Rs. 4 Lakh, marking itself as a suitable choice for beginners looking for their first credit card.
Pros
- Rewards on UPI spends
- Multiple redemption options, including miles conversion
- Decent redemption value
- Multiple benefits on card activation
Cons
- Low value for amazon voucher offered on activation
- Co-branded benefits are valid for a limited period
- Limited lifestyle benefits
Frequently Asked Questions
Everything you need to know about this credit card
To make UPI payments, you need to first add the HSBC RuPay card to the HSBC Simply Pay or other eligible UPI app. On successful addition, you can make seamless payments via scanning the QR code.
Yes, you can use the HSBC RuPay Platinum Credit Card for international transactions, but a forex transaction fee of 3.5% is applicable on such spends.
The card offers an interest free period of 48 days.
The Amazon voucher is valid for a period of six months from the date of issuance.
No, the card does not offer rewards on fuel transactions.
Footnotes
- Excluded transactions: Utilities, tax payments, jewellery, insurance, fuel, e-wallet, education and Government transactions.
- Limited period offer.
- The co-branded benefits on the card are valid from 15 July 2025 to 31 December 2025.
Click here to know More Terms and Conditions
Megha Khanna
Megha is an experienced writer with a specialization in credit cards and personal finance. With a keen eye for detail and a passion for helping readers make informed financial choices, she creates engaging content that demystifies the complexities of credit cards, from rewards and benefits to interest rates and fees.
Explore other Card Categories
Explore Cards from Leading Issuers
Check eligibility for best credit cards
Check Eligibility