HSBC Credit Card
HSBC offers a variety of lifetime free credit cards tailored to the requirement of all categories of customers. The cards are loaded with amazing features & benefits, including zero joining & annual fees, attractive cashback and credit limits. You can apply and get an offer of Rs 1000 cashback voucher *.
Best HSBC Credit Cards
| Card Name | Annual Fee | Best For |
|---|---|---|
| HSBC Visa Platinum Credit Card | Nil | ✈️ Travel, 🛒 Shopping, Lifetime Free, 🎁Rewards |
| HSBC Rupay Platinum Credit Card | Nil | 💰 Cashback & Discounts |
| HSBC Rupay Cashback Credit Card | Rs. 499 | 🛒 Shopping, 💰 Cashback |
| HSBC Cashback Live+ Card | Rs. 999/- (reversed on annual total spend above Rs. 2 Lakh | 💰 Cashback, 🛒 Shopping, Dinning |
| HSBC Travel One Credit Card | Rs. 4,999; Waived on spending above Rs. 8 Lakhs per year | ✈️ Travel, 🎁Rewards |
| HSBC Premier Credit Card | You can get the card for a joining fee of Rs. 12,000 (paid after card activation). There is an annual renewal fee of Rs. 20,000, which is waived on meeting the HSBC Premier eligibility criteria | ✈️ Travel, 🎁Rewards |
HSBC Credit Card Features
- Balance transfer facility: Balances in other bank cards can be transferred to the HSBC Credit Card at a lower interest rate starting from 10.99%.
- Conversion to EMI: Big purchases made on the Credit Card can be converted in EMI and paid in instalments.
- Instant replacement of lost card: You can use the Visa Global Assistance service or HSBC helpline and get the lost card cancelled and an emergency replacement card will be issued within 3 days anywhere in the world.
- Loan against credit card: HSBC offers instant loan on Credit Card. An instant cash advance is available with minimum documentation.
- Zero liability for lost cards: No liability for transactions made after reporting and registering the lost card to HSBC.
HSBC Credit Cards Benefits
HSBC Credit Cards apply now and enjoy the benefits mentioned below:
- Zero joining and annual fees on select cards
- Balance Transfer on EMI
- Cash-on-EMI
- Loan-on-Phone
- HSBC cards are enabled with VISA Paywave technology which allows contactless payments on credit card.
HSBC Credit Cards Eligibility
The following are the eligibility criteria for the different categories of HSBC Credit Cards:
- The age of the applicant should be between 18 and 65 years.
- Minimum annual income should be Rs. 6,00,000 for salaried persons.
- Applicant should be a resident Indian residing in Gurgaon, Delhi National Capital Region (NCR), Noida, Chandigarh, Jaipur, Amritsar, Chennai, Mumbai, Pune, Hyderabad, Bengaluru, Kochi, Coimbatore, Ahmedabad, Kolkata, Baroda, Indore or Lucknow.
- The applicant should have a good credit score (preferably 750 or above).
HSBC Credit Cards Documents Required
You will need to provide the following documentation when applying for an HSBC Credit Card:
- The latest salary slip, if you are re a salaried employee.
- Proof of Residence: This could include a utility bill, lease agreement, or any document that verifies your residential address.
- Identity Proof: Any government-issued photo ID, such as a passport, driving license, or Aadhaar card, that confirms your identity.
- A copy of your PAN (Permanent Account Number) Card.
HSBC Credit Cards Fee & Charges
| Type of charge | Amount |
| Financial charges on extended credit and cash advances | 3.75% p.m. (45% p.a.) |
| Charges for bounced cheque/ dishonoured SI/ unsuccessful NACH payment | Rs. 500 |
| Over-limit fee | 2.5% of the overlimit amount or Rs. 500 (whichever is higher) + GST |
| Late payment fee | 100% of MPD (minimum Rs. 250 & maximum Rs. 1,200 per month) |
| Foreign currency transaction charges | 3.5% |
| Cash payment charge at HSBC branches & drop boxes | Rs. 100 |
| Transaction fee for cash withdrawal against the bank account at ATMs | Rs. 100 at ATMs overseas |
| Transaction fee for cash advances against the credit card account at branches & ATMs | 2.5% of transaction amount (minimum Rs. 500) |
| Balance transfer charges | ROI of 10.99% p.a. to 15.99% p.a. & processing fee of 1.5% (minimum of Rs. 200) |
| Charges for rental & related payments | 1% processing fee + applicable taxes |
HSBC Credit Card Reward Points
| Name of the Card | Regular Reward Points | Special Category Reward points |
|---|---|---|
| HSBC Visa Platinum Credit Card | 2 reward points for every spend of Rs. 150 |
|
HSBC Credit Card Payment
The payment of the HSBC card can be made in the following ways:
- Bill Desk: Payment through bill desk can be made by providing your HSBC Credit Card number, the amount, and the bank account through which you wish to pay. You will be directed to the payment interface of your chosen bank. Then enter the authentication details like Net Banking User ID and login password of your bank account. Confirm the payment amount. Your bank account will be immediately debited. You will receive the payment confirmation on your registered email address.
- Internet Banking: You can make payment through your HSBC Internet Banking Account.
- Auto-debit: You can give a standing instruction to debit your bank account for the Credit Card dues.
- NACH: NACH is an online standing instruction form wherein you give the authorisation to debit your bank account for the Credit Card dues.
- Cheque/Demand Draft: You can also make your credit payment via cheque or demand draft.
- NEFT: Credit Card payment can also be made through NEFT You have to mention the Credit Card number in place of the beneficiary account number.
Additional info: Check the HSBC Credit Card Bill Payment in detail.
HSBC Credit Card FAQs
You can apply for the HSBC Credit Card through the official website of the bank or by visiting the nearest HSBC branch and submitting the required documents or through Phone Banking.
The interest-free period for the HSBC Credit Cards could range from 48 days (Platinum Card) to 45 days (Cashback/ Live+ Card).
Interest is charged at 3.3% p.m. on the outstanding amount in the statement.
The eligibility criteria for the HSBC Credit Card are:
- The applicant should be in the age group between 18 years and 65 years.
- The applicant should have a minimum annual income of Rs. 6 Lakhs.
- The applicant should be a resident Indian.
- The credit score of the applicant should be good (preferably 750 or above).
Documents required to apply for the HSBC Credit Card are:
- The latest salary slip, if you are re a salaried employee.
- Proof of residence and identity
- A copy of your PAN (Permanent Account Number) Card
The cash withdrawal charges for the HSBC Credit Card are 2.5% of the transaction with a minimum of Rs. 300.
Report the loss of the card immediately by calling the bank's Customer Service. The existing card will be blocked and a new card will be issued and dispatched to your residence address recorded in the bank.
The Credit Card payment can be done through UPI (most popular), internet banking, mobile banking, by giving online auto-debit instructions, by cheque or demand draft, by cash, and through NEFT.