HSBC Visa Platinum Credit Card
Key Features & Benefits of HSBC Visa Platinum Credit Card
✓Welcome Benefits
Rs 250 e-gift Voucher: Get an e-gift voucher of Rs 250 after applying for the HSBC Visa Platinum Credit Card online and verifying yourself through video.
Earn 2,000 reward points on downloading and logging in to the HSBC India Mobile Banking app and spending at least Rs 5,000 in the first 30 days of card issuance.
Get a complimentary Swiggy One membership of 3 months on card activation.
✓Other Major Benefits of HSBC Visa Platinum Credit Card
A complimentary 12-month Times Prime subscription with free access to Discovery+, JioHotstar, Uber One and more.
Complimentary flight seat selections (twice a year) on domestic flights booked via MakeMyTrip by using promo code VISAFREESEAT.
Get 15% cashback added to your MakeMyTrip wallet under 'My Cash' for hotel stays in India when booking with MakeMyTrip. Use promo code VISASIGNATURE.
Get insurance coverage of up to Rs 3 Lakhs for any misuse of your card from 24 hours before you reported it lost.
✓Fuel benefit
Get Rs 250 cashback on paying for fuel contactless using the physical card (available on contactless fuel spends of up to Rs 10,000 per quarter).
Get a waiver of up to Rs 250 on fuel surcharge on fuel payments between Rs 400 and Rs 4,000 a month.
✓Reward points and redemption
Earn 2 reward points for every Rs 150 spent with the HSBC Visa Platinum Credit Card.
Earn up to 6 times reward points on hotels, flights and car rentals via Travel with Points.
Convert your reward points into air miles with leading airlines, including Etihad Airways, Air India, Air Asia, Air France–KLM, EVA Air, Singapore Airlines, Japan Airlines, Hainan Airlines, Qatar Airways, Qantas Airways, Thai Airways, Vietnam Airlines, Turkish Airlines, United Airlines, and British Airways.
The reward points can also be redeemed towards Accor, IHG® Hotels & Resorts, Marriott International, Shangri-La, and Wyndham Hotels & Resorts.
Key Highlights of HSBC Visa Platinum Credit Card
| Joining Fee | Nil |
| Annual Fee | Nil |
| Best suited for | Shopping and dining |
| Welcome benefits | Rs 250 e-gift Voucher, 2,000 reward points, and complimentary 3-month Swiggy One membership |
| Reward points | 2 reward points for every Rs 150 spent and up to 6 times reward points on hotels, flights & car rentals via Travel with Points. |
| Insurance | Up to Rs 3 lakh insurance cover in case your card gets misused 24 hours before being reported as lost. |
HSBC Visa Platinum Credit Card Eligibility
To apply for an HSBC Visa Platinum credit card, you should meet the following eligibility criteria:
- Age between 18 and 65 years
- Minimum annual income of Rs 6 Lakhs (for salaried individuals)
- Indian resident
- Reside in either Gurgaon, Chennai, Delhi National Capital Region (NCR), Noida, Pune, Bengaluru, Hyderabad, Mumbai, Jaipur, Kochi, Chandigarh, Coimbatore, Kolkata, Ahmedabad, Amritsar, Baroda, Indore or Lucknow
Fees and Charges for HSBC Visa Platinum Credit Card
| Types of Charges | Amount |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Finance Charges | 3.75% per month (45% per annum) |
| Foreign Currency Transaction Charges | 3.5% foreign currency transactions |
| Add-on Fee | Nil |
| Cash Advance Fees | 2.5% of the transaction amount (minimum of Rs 500) |
| Bounced Cheque/ Dishonored SI/ Unsuccessful NACH Payment Charges | Rs 500 |
| Late Payment Fee | 100% of the MPD (minimum Rs 250 & maximum Rs 1,200) per month |
| Cash Payment Fee | Rs 100 (at HSBC Branches & Drop boxes) |
| Overlimit Fee | 2.5% of the overlimit amount or Rs 500 (whichever is higher) + applicable GST |
| Transaction Fee for Cash Advances Against the Credit Card Account | 2.5% of transaction amount (minimum Rs 500) at branches & ATMs |
| Transaction Fee for Cash Withdrawal Against the Bank Account | Rs 100 at ATMs overseas |
| Rental & Related Payments Charges | 1% processing fee + applicable taxes |
| Balance Transfer Charges | ROI of 10.99% p.a. to 15.99% p.a. & processing fee of 1.5% (minimum of Rs 200) |
Additional Benefits of HSBC Visa Platinum Credit Card
- Zero liability in case of a lost card
Get up to Rs 3 lakh insurance cover in case your card gets misused for 24 hours before being reported as lost.
- Balance transfer facility
Transfer your outstanding non-HSBC credit card balance to Visa Platinum and enjoy easy EMI facility at lower financial charges.
- Minimum amount required for Balance transfer: Rs:5,000
- Loan tenures range from 3 to 24 months
- Rate of interest starting from 10.99% to 15.99% pa, depending on the bank's internal policy.
- Offers and discounts
HSBC offers its credit card customers some exclusive access to discounts with select partners.
- Emergency card replacement
In case your HSBC credit card gets lost, you can go for cancellation and get an emergency card issued in just three days anywhere in the world.
- Google Pay acceptance
Android mobile users can use Google Pay to make quick, secure, and simple UPI payments online or offline through an HSBC credit card.
How to Apply for the HSBC Visa Platinum Credit Card?
You can apply for an HSBC Visa Platinum Credit Card through MyMoneyMantra.
- To apply, click on the "Apply Now" button.
- You will be redirected to the HSBC Bank website.
- Fill in the required details and submit.
Conclusion
If you are looking to apply for a lifetime free credit card that also comes with no joining and annual fees, the HSBC Visa Platinum can be a good option for you. This credit card is best suited for those who want an entry-level credit card with all the basic benefits, such as cashback, vouchers, fuel surcharge waivers, zero fees, and much more. The accelerated reward points, zero lost card liability, and air miles conversion from leading airlines make it an even more attractive credit card.
HSBC Visa Platinum Credit Card FAQs
Zero liability benefit in case of a lost HSBC credit card means that you will not be held responsible for any unauthorized transaction made through your card.
Yes. ATM cash withdrawals through HSBC Visa Platinum credit card would attract a fee equaling to 2.5% of the transaction amount (with minimum charges being Rs 500).
HSBC Visa Platinum Credit Card users can enjoy an interest-free period of up to 48 days. However, this period shall not be valid if any outstanding balance from the previous month’s bill is still unpaid.
No, you need not pay any charges for requesting an add-on HSBC credit card.
No, the e-gift voucher can neither be replaced, refunded, nor revalued. It can also not be exchanged for reward points or cash.