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 e-gift voucher of Rs 250 after applying for HSBC Visa Platinum Credit Card online and verifying yourself through video.
✓Milestone Benefits
Receive 5 times (5X) the reward points (up to 15,000 accelerated points) on purchases done after spending Rs 4 lakh in a year.
✓Other Major Benefits of HSBC Visa Platinum Credit Card
Up to 10% cashback on food and other spends: Get 10% cashback on food as well as 1.5% cashback on other spends till 31st August 2024.
✓Fuel surcharge waiver
Save up to Rs 3,000 every year through fuel surcharge waiver.
✓Airmile conversion on leading airlines
Convert your reward points into air miles with leading airlines’ offers, including Club Vistara, Etihad Airways, Air India's Flying Returns, Singapore Airlines and British Airways.
✓Reward points and redemption
Earn 2 reward points for every Rs 150 spent with HSBC Visa Platinum Credit Card. The reward points can be redeemed not just towards air mile conversion but also in the form of vouchers across different categories like jewellery, apparel, fashion accessories, home appliances, cosmetics, and electronic equipment.
Key Highlights of HSBC Visa Platinum Credit Card
| Joining Fees | Nil |
| Annual/Renewal Fees | Nil |
| Best suited for | Shopping and dining |
| Welcome benefits | Rs 250 e-gift Voucher |
| Milestone benefits | 5 times (5X) the reward points (up to 15,000 accelerated points) on purchases done after spending Rs 4 lakh in a year. |
| Reward points | Earn 2 reward points for every Rs 150 spent through the card. |
| Reward redemption | Convert reward points into air miles with leading airlines or in the form of vouchers across different categories like jewellery, apparel, fashion accessories, etc. |
| Airport lounge access and golf rounds | Not available |
| Limit period offer | Get 10% cashback on food as well as 1.5% cashback on other spends till 31st August 2024. |
| 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 18-65 years
- Minimum annual income of Rs 4 lakh (for salaried individuals)
- Indian resident
- Reside in either Gurgaon, Chennai, Delhi NCR, Noida, Pune, Bangalore, Hyderabad, Mumbai, Jaipur, Kochi, Chandigarh, Coimbatore, Kolkata, or Ahmedabad.
Fees and Charges for HSBC Visa Platinum Credit Card
| Types of Charges | Amount |
| Joining Fees | Nil |
| Annual Fees | Nil |
| Finance Charges | 3.49% per month (41.88% per annum) |
| Add-on Fees | Nil |
| Cash Withdrawal Fees | 2.5% of the transaction amount (minimum of Rs 500) |
| Overlimit Fees | Rs 500 |
Additional Benefits of HSBC Visa Platinum Credit Card
1. 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.
2. Balance transfer facility
Transfer your outstanding Non HSBC credit card balance to visa platinum and enjoy easy EMI facility at lower financial charges.
- Min 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, depend on bank internal policy.
3. Offers and discounts
HSBC offers its credit card customers some exclusive access to discounts with select partners.
4. 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.
5. 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 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, 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 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 gift voucher can neither be replaced, refunded, nor revalued. It can also not be exchanged for reward points or cash.