It is the only premium credit card HSBC Bank has to offer. The card comes free of cost and offers Rs. 2000 travel benefits from Cleartrip on joining. Apart from it, you get 3X reward value on all of your expenses against dining, hotel bookings and telecom for the first year, and 10X reward value on all of your international transactions.
Apart from the reward benefits on international transactions, you also get 1.5% cashback on your international transactions. You also get movie benefits equal to Rs. 6,000 from PVR Cinemas and Rs. 6,000 from BookMyShow.com, along with a 15% discount on dining.
Moreover, you get complimentary access to VIP airport lounges, free golf games along with various golf, travel, dining, shopping and entertainment offers around the world by HSBC Premier Banking Privileges.s
TThe 3X incremental reward benefit is limited for the first year only. Apart from it, you must be a HSBC Premier Banking customer to own a Premier Mastercard.
The card offers great value in the first membership year, but the taste of benefits get a bit bitter from 2nd and consecutive membership years. The card comes free of cost with HSBC Premier Banking, the APR equal to 29.88% is something that you should consider before applying for this card.
The card offers comes free of cost and offers travel benefit worth Rs. 2,000 on joining. You earn 3X incremental reward points in the first year on dining, hotel and telecom related expenses. Moreover, you get up to 15% discount on dining along with annual fuel benefit of up to Rs. 3,000.
To own a HSBC VISA Platinum credit card, you must be earning a minimum annual income of Rs. 3 Lacs at least. Apart from it, you would be charged an APR equal to 39.60%.
The offers pretty good value even from the 2nd and consecutive year against zero annual fee. Moreover, you can get 5X incremental reward benefits against all of your annual spend above Rs. 4 Lacs and an additional entertainment benefit of Rs. 500 if the monthly spend cross Rs. 50,000, which gives you a pretty decent annual benefit value. However, the high APR of 39.60% is should be considered before availing the card.
The HSBC Smart Value Card comes with free of cost and give you Rs. 200 movie benefit and complimentary 3 months’ Gaana+ subscription worth Rs. 199 along with Cleartrip voucher worth Rs. 2,000 and Amazon voucher worth Rs. 250 on joining. You earn 3X incremental reward value on online shopping, dining and telecom related transactions.
Apart from that, you get upto 15% discount on dining, 10% discount on shopping at Shoppers Stop and Home Stop along with 16% discount on flight bookings and with 40% discount on domestic hotel bookings every tuesday and one free movie ticket each month.
If you are not a smart credit card user, then you have to bear high APR of 35.88%. Moreover, all of your cash advance transactions would attract 36.60% APR.
The card offers total benefit of Rs. 2,649 on joining alone; though, this benefits reduces to upto 40% discount on various categories, from the 2nd and consecutive year. Moreover, if you are a smart credit card users who maintain a satisfactory repayment track with the HSBC Bank, then you can enjoy low APR of 23.88% only.
This card comes with zero annual charges and offers you Rs. 2,000 cleartrip voucher on joining. The reward value is pretty decent with 3X incremental reward benefit for the first 2 years of card membership. Moreover, you earn entertainment benefit of Rs. 3000 if your monthly spend exceeds above Rs.50,000 and 5X incremental reward value against all of your annual spend between Rs. 4 Lacs to Rs. 10 Lacs. Apart from it, you also earn up to 15% discount against dining expenses and a maximum of Rs. 3000 benefits around the year.
Though, it offers pretty good benefits and reward value, the Annual Percentage Rate of 39.60% seems too high if you are not good with maintaining a satisfactory repayment track with the bank. Moreover, this card is only offered to HSBC Advance banking customers.
|Age||Minimum 18 Years
For Primary Cardholder
|Income||Rs. 5 Lacs per quarter
For Advance VISA Platinum Card
Rs. 3 Lacs per annum
For VISA Platinum Card
Rs. 4 Lacs per quarter
For Premier Mastercard Card
HSBC offers different payment methods to its credit cardholders to pay hsbc credit card bills including online and offline methods so that they can pay their credit card bills on time.
|Add-on Card Fee||NIL|
|Foreign transaction fee||3.50% of the transaction amount in Indian Rupee|
|Late Fee||50% of the Minimum Payment Due
Min Rs. 400 to Max Rs. 750
|Minimum Payment||5% of the outstanding amount.
Min Rs. 100
|Over-limit fee||Rs. 500 per month|
|Returned payment fee||Rs. 350 per instance.|
|Card Replacement Charges||Rs. 100|
|EMI Conversion Charges||10.99% per annum
Applicable for Loan on Phone, Balance Transfer on EMI and Cash on EMI
Note: If your application was rejected, you would be able to apply after 3 months of your previous application.
You can contact HSBC Credit Card Customer care at their numbers 1860-108-7788 or 1860-500-2277 (Toll Applicable) if you are calling from within India. And, if you are calling from outside India, then please dial +91-22-6680-0001 or 080-49089632/040-67173402 to contact customer support.
Reward points accumulated on your HSBC Credit Card will be valid for 3 years from the date of accumulation into your card account in case of all the Platinum Cards and upto 2 years in case of Smart Value Card.
You won’t earn any reward points if the transaction comes in surcharge waiver criteria which is between Rs. 400 to Rs.4,000 at any petrol pump. All the fuel transactions where you don’t receive any waiver as per the criteria, will earn reward points.
No. You won’t earn any reward points on transactions other than PoS/E-commerce such as Cash advances, any fees/charges and even the disputed transactions.
Once your duly filled application form is received by the bank along with all the necessary documents, it will take two weeks to process your application.
After your application gets approved, you will receive your credit card in a week. You will be kept notified of your application status via SMS on your registered mobile number.
Your credit card statement will be sent through courier to your mailing address and Airway Bill number will be shared via SMS. The bank will send you the statements on your email as well. If you have self-registered for the service of internet banking, then you can view and download your credit card statement online. If you have any queries, make sure you have called their Phone Banking service.
All chip cards, sent by HSBC, are in a deactivated state and you have to activate it. You will be informed about the same by a sticker on your card. You can activate your card in the following ways –
In addition to your primary card, you can apply for ‘three’ add-on cards. These add-on cards are issued to your immediate family members. The credit limit is allocated to the primary card and it gets shared between add-on & primary cardholders.
You need to fill up add-on card application form and you need to submit the duly filled form at your nearest HSBC branch along with the required documents. Make sure you have carried original documents for validation by the branch officer.
HSBC offers a wide range of credit cards as per the needs & requirements. So, the rewards programme may differ for each card. You can explore rewards catalogue to have a look at the rewards programme for different credit cards.
You have the option of redeeming these points for a wide range of redemption choices such as – gift vouchers, garments, airline miles, home appliances, and cosmetics. Make sure you have visited the rewards programme section of the HSBC official website to know more about the redemption options.