The Hong Kong and Shanghai Banking Corporation, popularly known as HSBC Bank, is one of the important international banking and financial services organizations, which was started in 1865 by Thomas Sutherland in Hong Kong. HSBC established its operation in India by acquiring the Mercantile Bank of India in Mumbai in 1959, which is the second oldest foreign bank in the country.
Significantly, HSBC introduced the first ATM in India in 1987 and introduced the convenience of banking to its customers. Headquartered in London, HSBC Bank is listed on the London, New York, Hong Kong, and Bermuda stock exchanges. It enjoys a diversified shareholding pattern with more than 190,000 shareholders spread across the globe.
The founders of HSBC established the bank to support the financial requirements of the merchants operating on the Chinese coast and to facilitate growing trade between China, Europe, and the United States. HSBC has had significant expansion over the years and has operations in over 150 countries. HSBC offers a wide variety of financial products and services.
Among the numerous offerings are credit cards, catering not only to its commercial banking clientele but also to its retail and corporate customers. HSBC credit cards are accepted worldwide and offer competitive benefits and tailored solutions designed to meet the diverse needs of an international customer base.
Table of Contents
- List of Top HSBC Bank Credit Cards
- 1. HSBC Bank Cashback Credit Card
- 2. HSBC Bank Visa Platinum Credit Card
- 3. HSBC Bank Premier Metal Credit Card
- 4. HSBC Bank Smart Value Credit Card
- HSBC Bank Credit Card Features and Benefits
- HSBC Bank Credit Card Rewards and Cashback
- How To Earn and Redeem HSBC Bank Credit Card Reward Points?
- HSBC Bank Credit Card Eligibility Criteria
- Documents Required For HSBC Credit Card
- HSBC Bank Credit Card Annual Fees and Charges
- Other Fees & Charges
- How To Activate HSBC Bank Credit Cards?
- HSBC Bank Credit Cards Login/Net Banking
- How To Compare HSBC Bank Credit Cards & Choose The Best One?
- Conclusion
- Important Links
- FAQs on HDFC Bank credit card
List of Top HSBC Bank Credit Cards
You can compare all their features, benefits, and fees and then apply online for the one that suits you the most. It is also possible to compare these top cards on our credit card comparison platform.
1. HSBC Bank Cashback Credit Card
The HSBC Cashback Credit Card is great for those who want to maximise their savings on daily purchases. It comes with attractive cashback rates on various transactions, thus proving to be a great utility for those who shop frequently for groceries, dining, and entertainment. Plus, cardmembers can use their card in a global acceptance network with much convenience.
Joining Fee:
₹ 999 + GST
Best Suited For:
Shopping
Renewal Fee:
₹ 999 + GST
Reward Type:
Reward Points
Welcome Benefits:
Get an Amazon voucher worth Rs. 1,000 on making a transaction of Rs. 10,000 within the first 30 days of card issuance.
Key Features
- A gift voucher from Amazon worth Rs. 1,000 on spends of Rs. 10,000 in the first 30 days of card issuance.
- 10% accelerated cashback on dining, grocery and food delivery spends. Maximum cap of Rs. 1,000 per statement cycle.
- 1.5% unlimited cashback on all other transactions.
- Purchase 2 movie tickets and get 1 free while booking through BookMyShow on Saturdays. You can book movie tickets for any day of the week.
- With the HSBC Cashback Credit Card, you get four free visits to domestic lounges across India (1 each quarter).
*Terms and Conditions apply.
2. HSBC Bank Visa Platinum Credit Card
The HSBC Visa Platinum Credit Card is ideal for frequent shoppers who love to earn reward points on their purchases. This card is coupled with lots of other extra benefits, like complimentary airport lounge access and heavy discounts on various services. It is designed to make your shopping experience better with exclusive deals and privileges, hence becoming a versatile choice for daily as well as luxury purchases.
Joining Fee:
Nil
Best Suited For:
Shopping
Renewal Fee:
Nil
Reward Type:
Reward Points
Welcome Benefits:
- Amazon voucher worth Rs. 500,
- 3 complimentary lounge access/3 meal vouchers
- 50% discount (up to Rs. 100) on the first transaction on Google Pay
- 10% cashback (up to Rs. 2,000) on initial spending
Key Features
- The HSBC Bank on HSBC Visa Platinum Credit Card allows you to enjoy welcome privileges on spending Rs. 5,000 within 30 days of receiving the card. The welcome privileges are as follows.
- You get a cashback of Rs. 250 on spending over Rs. 50,000 in a calendar quarter ( up to Rs. 1,000 cashback in a year).
- You get a “Buy 1 Get 1” offer on booking movie tickets on Saturdays through BookMyShow. The maximum discount limit is capped at Rs.250.
- You get a 10% discount up to Rs.300 on Tata CLiQ on a minimum transaction of Rs.1000 once a month every Thursday.
- You can redeem your reward points under the HSBC Credit Cards Rewards Programme for gift vouchers, cosmetics, home appliances, donations, etc.
*Terms and Conditions apply.
3. HSBC Bank Premier Metal Credit Card
The HSBC Premier Metal Credit Card is for premium customers who seek exclusive benefits and high rewards. The card offers unmatched advantages that include memberships to elite dining and lifestyle programs. It is perfect for those who love high-end shopping and fine dining. The welcome gifts are substantial, which adds to the appeal, and this card makes a prestigious addition to any wallet.
Joining Fee:
₹ 12,000 + GST
Best Suited For:
Shopping
Renewal Fee:
₹ 20,000 + GST
Reward Type:
Reward Points
Welcome Benefits:
Complimentary Epicure and EazyDiner Prime Membership, Taj Experiences Gift Card worth Rs. 12,000, providing access to premium experiences at Taj properties
Key Features
- You get a complimentary Taj Epicure and EazyDiner membership.
- Complimentary unlimited access to domestic and international airport lounges.
- Discount offers with learning partners, including eDX, British Council, and Yousician.
- You have to pay a lower markup fee of 0.99% of the transacted amount while making transactions in a foreign currency. Most other cards charge you a markup fee between 2.5% and 3.5%.
- Avail weekly Buy One Get One Offer movie offers on BookMyShow with this credit card.
*Terms and Conditions apply.
4. HSBC Bank Smart Value Credit Card
The HSBC Smart Value Credit Card is a value-packed option previously available for customers to reap rewards and benefits at a low cost. This card suits frequent shoppers with its range of perks—from complimentary airport lounge access to significant cashback offers. Though the card has been discontinued, it stands as a great example of HSBC’s commitment to ensuring value in its financial products.
Joining Fee:
Nil
Best Suited For:
Shopping
Renewal Fee:
Nil
Reward Type:
Reward Points
Welcome Benefits:
3 complimentary airport lounge access passes
- Amazon gift voucher worth Rs. 500
- 10% cashback up to Rs. 1,000 on first transactions
- 5% discount on the first transaction using Google Pay
Key Features
- You get an Amazon gift voucher worth Rs. 500.
- You get 10% cashback up to Rs. 1,000 on making a minimum of 5 transactions with a total spend of Rs. 5,000 or more within the first 60 days from card issuance.
- You earn 1 Reward Point on every retail spend of Rs. 100.
- The Reward Points you earn can be redeemed against a host of categories including gift vouchers, products, and many more through the HSBC Rewards catalogue.
- You get a 1% fuel surcharge waiver on all fuel transactions made using your HSBC Smart Value Credit Card. You can save up to Rs. 3,000 every year through the fuel surcharge waiver on this card.
*Terms and Conditions apply.
HSBC Bank Credit Card Features and Benefits
As with other large credit card providers in India, BoB Financial also has various features and benefits for its credit cards. While each card is different from one another, most of the BoB cards come with the following common advantages:
1. Instant E.M.I.- With the Instant E.M.I. feature on your HSBC Credit Card, you have the option to purchase electronics, travel packages, or any other product or service and repay it in Equated Monthly Installments (EMIs). This allows you to spread out your expenses and make it more manageable.
2. Cash on E.M.I.- The Cash-on-EMI feature on your HSBC Credit Card provides you with immediate access to cash for any urgent needs. In such situations, you can borrow cash and repay it in installments at a nominal interest rate, making it convenient to meet your financial requirements.
3. Balance Transfer- The Balance Transfer-on-EMI facility on your HSBC Credit Card enables you to transfer the outstanding balance from other credit cards to your HSBC Credit Card. You can then repay this amount in monthly installments at a lower interest rate. This simplifies the management of your debt and helps you save on interest costs.
4. Loan on Phone- The ‘Loan on Phone’ feature on your HSBC Credit Card makes it effortless to finance your dreams. Whether you’re planning a vacation, purchasing a new TV, or upgrading your computer, you can make these purchases and repay them at a low-interest rate. Experience the convenience of making your aspirations a reality.
5. Balance Conversion– You have already experienced the convenience and benefits of using an HSBC Credit Card. We are taking it a step further by introducing the Balance Conversion feature on your credit card. Now, you have the option to indulge in your desires today and defer the payment to tomorrow.
6. Fuel Surcharge- We understand that our credit card holds different meanings for different individuals.
7. Secure Online Payments– Your online purchases made with an HSBC Credit Card are fortified with an additional layer of security.
8. Online Banking– It efficiently manages your HSBC Credit Card through our Online Banking platform.
HSBC Bank Credit Card Rewards and Cashback
| Credit Card | Reward Points/Cashback |
|---|---|
| HSBC Visa Platinum Credit Card | ➡ Earn 2 reward points (RPs) for every Rs. 150 spent on the card. ➡ Additionally, enjoy 5x reward points on spending above Rs. 4,00,000 in a year. |
| HSBC Premier Mastercard Credit Card | Earn 2 reward points for every Rs. 100 spent on the card, maximizing your rewards with each purchase. |
| HSBC Cashback Credit Card | ➡ Receive 10% cashback on eligible spends such as groceries, dining, and food delivery. ➡ Additionally, enjoy 1.5% cashback on all other transactions. |
How To Earn and Redeem HSBC Bank Credit Card Reward Points?
HSBC Bank provides you with the flexibility to easily redeem your reward points or convert them into AirMiles. You have a plethora of choices available in the product catalog, ranging from e-gift vouchers to donations and more.
When selecting goods and services from the product catalog, the maximum value of 1 reward point is equivalent to Rs. 0.37 for all credit cards except the HSBC Premier Mastercard Credit Card. However, for the HSBC Premier Mastercard Credit Card, the maximum value of 1 reward point is slightly higher, equivalent to Rs. 0.43.
Moreover, for the HSBC Visa Platinum Credit Card and the HSBC Premier Mastercard Credit Card, you have the option to convert your reward points to Taj Inner Circle Points. The conversion rate is 1000 reward points to 1000 Taj Inner Circle Points, with a minimum redemption requirement of 1000 reward points.
For converting reward points to AirMiles, the redemption rates are as follows:
- HSBC Visa Platinum Credit Card: 2 Reward Points (RPs) = 1 InterMile, and 1 RP = 1 KrisFlyer Mile/Avios Mile.
- HSBC Premier Mastercard Credit Card: 3 RPs = 2 InterMiles, and 1 RP = 1 KrisFlyer Mile/Avios Mile.
Steps to Redeem HSBC Credit Card Reward Points Online
- Step 1: Begin by visiting the official website of HSBC’s credit card reward points catalog.
- Step 2: Select the variant of your credit card to view the available offers.
- Step 3: Choose the desired option for redeeming your reward points.
- Step 4: Login using your internet banking ID and password.
- Step 5: Once logged in, add the selected item to your card and proceed to make a payment using your accumulated reward points.
- Step 6: Upon successful redemption, you will receive a confirmation message on your registered mobile number confirming the redemption of your reward points.
HSBC Bank Credit Card Eligibility Criteria
HSBC Visa Platinum Credit Card and HSBC Cashback Credit Card
- Age: 18 years – 65 years
- Minimum Income requirement for salaried employees: Rs. 4 lakhs per annum
HSBC Premier Mastercard Credit Card
- To be eligible for the HSBC Premier Mastercard Credit Card, you are required to maintain an HSBC Premier relationship in India.
Documents Required For HSBC Credit Card
Identity Proof (any one):
- PAN Card
- Aadhar Card
- Voter ID
- Passport
- Driving Licence
Address Proof (any one):
- Aadhar Card
- Voter ID
- Passport
- Driving Licence
- Rent agreement
- Utility bills
- Property tax receipt
- House allotment letter issued by central or state government
Income proof:
- For salaried employees: Salary slip of the last two months & bank statement showing salary credits.
- For self-employed individuals: Latest Income Tax Return (ITR).
HSBC Bank Credit Card Annual Fees and Charges
An annual fee is an important consideration when applying for a credit card. Different HSBC Credit Cards may have varying annual fees based on the features they offer.
1. HSBC Visa Platinum Credit Card:
| Annual Fee: | Nil |
| Renewal Fee: | Nil |
| Renewal Fee Waiver Condition: | Not Applicable |
2. HSBC Premier Mastercard Credit Card:
| Annual Fee: | Nil |
| Renewal Fee: | Nil |
| Renewal Fee Waiver Condition: | Not Applicable |
3. HSBC Cashback Credit Card:
| Annual Fee: | Rs. 999 |
| Renewal Fee: | Rs. 999 |
| Renewal Fee Waiver Condition: | Reversed on spending Rs. 2,00,000 within an anniversary year. |
Other Fees & Charges
In addition to the annual fee, there are other fees and charges associated with HSBC Credit Cards:
A. Interest Rate:
- HSBC Visa Platinum Credit Card and HSBC Cashback Credit Card: 3.49% p.m. (41.88% p.a.)
- HSBC Premier Mastercard Credit Card: 2.49% p.m. (29.88% p.a.)
B. Cash Advance Fee:
- 2.5% or a minimum of Rs. 500 (HSBC Visa Platinum Credit Card and HSBC Cashback Credit Card),
- 2.5% or a minimum of Rs. 300 (HSBC Premier Mastercard Credit Card)
C. Foreign Currency Markup:
- HSBC Visa Platinum Credit Card and HSBC Cashback Credit Card: 3.5%
- HSBC Premier Mastercard Credit Card: 1.99%
D. Reward Redemption Fee:
- Nil (HSBC Visa Platinum Credit Card and HSBC Cashback Credit Card)
- Rs. 50 (HSBC Premier Mastercard Credit Card)
How To Activate HSBC Bank Credit Cards?
Before you proceed with the registration process, ensure you have the following information ready:
- HSBC debit card number, issue number, and 6-digit PIN
- HSBC credit card number and 6-digit PIN
#1. For Phone Banking Registration:
- 10-digit Phone Banking Number (PBN) and 6-digit PIN
#2. For Mobile App Registration:
- Permanent Account Number (PAN) to register through the mobile app
- 10-digit Phone Banking Number (PBN) and Date of Birth to register through the mobile app
Note: Your card needs to be activated before you can register for online banking.
You have two options to register for the service:
#3. Mobile Banking:
- Step 1: Download the HSBC India Mobile App: Visit the Apple Store or Google Play Store to download the app.
- Step 2: Complete the Registration Process: Open the app and follow the prompts.
- Step 3: If you’re not a registered online banking user, tap on ‘No’ when prompted. This will guide you to set up online banking, mobile banking, and your Digital Secure Key simultaneously.
#4. Net Banking:
If you register online, you will only be registered to use online banking. You still need to download the HSBC India Mobile app to set up your Digital Secure Key, though. You’ll use this every time you log on to online banking.
- Step 1: . Initiate the 3-Step Online Registration Process: Visit the HSBC Personal Internet Banking registration page to begin the process.
- Step 2: Download the HSBC India Mobile App: Download the app from the Apple Store or Google Play Store.
- Step 3: Enable Your Digital Secure Key: Follow the instructions within the app to enable your Digital Secure Key, which is essential for logging into online banking securely.
HSBC Bank Credit Cards Login/Net Banking
To log in to your HSBC Credit Card Account, follow these steps:
- Step 1: Visit the official website of HSBC Bank by clicking on https://www.hsbc.co.in/
- Step 2: Click on “Log On”, located at the top right corner of the screen.
- Step 3: Enter the username and password that you created during the online registration process.
- Step 4: Input the security code as prompted.
- Step 5: Click on “Continue” to log in.
To register your HSBC Bank Credit Card for online banking, you will need:
- A 16-digit credit card number
- A 6-digit ATM PIN
How To Compare HSBC Bank Credit Cards & Choose The Best One?
1. Credit Eligibility: Credit is subject to status, affordability, and applicable terms and conditions. A credit card allows you to make cashless purchases, offering flexibility in managing your finances and accessing various benefits and rewards.
2. Understanding Costs: When comparing credit card offers, consider the annual fee associated with each card. Understanding this fee helps you make an informed decision based on your financial preferences and requirements.
3. Exploring Incentives: Explore the welcome benefits offered by different credit cards, such as bonus points, cashback offers, or introductory interest rates. Understanding these benefits helps you assess the value of each card and select one that aligns with your needs.
4. Discovering Features: Discover the features and benefits provided by an HSBC credit card, including travel perks, insurance coverage, lifestyle privileges, and concierge services. Reviewing these benefits helps you choose a card that complements your lifestyle and preferences.
5. Maximising Rewards: Maximize your savings and rewards with the HSBC Rewards Programme. Earn points on every purchase and redeem them for various rewards, including travel vouchers, merchandise, and cashback. Understanding the reward structure and redemption options helps you optimise your spending.
6. Assessing Eligibility: Before applying for a credit card, conduct a quick check to assess your eligibility. Remember to review the full eligibility criteria later to ensure a successful application process.
7. Preparing Documentation: Before proceeding with your application, ensure you have all the necessary documents ready, such as proof of identity, address, income, and other supporting documentation required by the bank. Prepared documentation streamlines the application process.
8. Reviewing Terms: Before submitting your application, read the full product information, including terms and conditions. Understanding the terms associated with your chosen credit card ensures a seamless banking experience and helps you make informed decisions.
Conclusion
In conclusion, HSBC Bank Credit Cards offer a range of benefits and rewards designed to enhance your banking experience. From cashless transactions to welcome bonuses and exclusive privileges, HSBC Credit Cards provide flexibility and convenience while meeting your financial needs. Whether you’re looking for travel perks, cashback offers, or rewards programs, HSBC has a credit card tailored to suit your lifestyle.
Important Links
Airport Lounge
Add-On Cards
Forex Charges
RuPay Cards
FAQs on HDFC Bank credit card
Q1. How do I apply for an HSBC Credit Card?
A1. You can apply for an HSBC Credit Card online through the official HSBC website or by visiting your nearest HSBC branch. Ensure you meet the eligibility criteria and have the necessary documentation ready for a smooth application process.
Q2. What is the minimum income requirement for HSBC Credit Cards?
A2. The minimum income requirement varies depending on the type of HSBC Credit Card. For example, the HSBC Visa Platinum Credit Card and HSBC Cashback Credit Card require a minimum income of Rs. 4 lakhs per annum for salaried individuals.
Q3. What are the benefits of the HSBC Rewards Programme?
A3. The HSBC Rewards Programme allows you to earn points on every purchase made with your HSBC Credit Card. These points can be redeemed for a variety of rewards, including travel vouchers, merchandise, cashback, and more. With the Rewards Programme, you can maximize the value of your spending and enjoy additional perks.