HSBC Bank
HSBC Platinum Rewards Credit Card
LIFETIME FREE Card
This is an invite only card
Apply and get ₹2200 Rewards
Top Benefits
Earn up to 6X Reward Points on Hotels, Flights
and Car Rentals via Travel with Points on HSBC Rewards Programme
Earn 2 Reward Points for every ₹150
spent on all card transactions, convertible to air miles and hotel loyalty points via HSBC India App
Best For
Shopping
Travel
The HSBC Platinum Rewards Credit Card is a lifetime-free reward card from HSBC India, built for users w...
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The HSBC Platinum Rewards Credit Card is a lifetime-free reward card from HSBC India, built for users w...
The HSBC Platinum Rewards Credit Card is a lifetime-free reward card from HSBC India, built for users who want a cost-free credit card with solid base rewards on everyday spending. With zero joining fee and zero annual fee, this card stands out as one of the most accessible no-cost reward cards in the Indian market. It runs on the VISA network for broad acceptance.
The card earns 2 reward points for every ₹150 spent on eligible transactions at the base rate, with a value of 1 reward point = ₹0.50 — among the better conversion rates for an entry-level card. So a ₹15,000 monthly spend earns 200 reward points worth ₹100. The accelerated rate kicks in for high spenders: 5X reward points on purchases after spending ₹4,00,000 in an anniversary year, capped at 15,000 accelerated reward points.
For users who book travel through HSBC Rewards Programme, the card offers up to 6X reward points on flights and car rentals — a significant accelerator that can be combined with airline miles redemption with leading carriers like Air India, Etihad Airways, British Airways, Singapore Airlines, and more. The welcome benefit is 2,000 reward points (worth ₹1,000) on spending ₹5,000 within 30 days of card issuance after activation in the HSBC Mobile App.
The card also offers a 1% fuel surcharge waiver on fuel transactions between ₹400 and ₹4,000 made using the HSBC Credit Card. Rent payment, insurance, cash withdrawals, school and educational services, GST charges, and tolls are excluded from reward earning. Forex markup is 3.5%, standard for cards in this segment.
View FAQ
Commonly Asked Questions
Q. Who issues the HSBC Platinum Rewards Credit Card?
A. The card is issued by HSBC India on the VISA network as part of its rewards portfolio.
Q. Is this card lifetime free?
A. Yes. The card has zero joining fee and zero annual fee — it is lifetime free.
Q. What is the reward rate?
A. You earn 2 reward points per ₹150 (effective ~0.67% at 1 RP = ₹0.50), with 5X bonus on spends above ₹4 lakh annually.
Expert Review
The HSBC Platinum Rewards Credit Card is one of the most accessible no-cost rewards cards in the Indian market, and for the right user — particularly an HSBC India banking customer — it delivers strong value. The lifetime-free status (zero joining, zero annual fee) means there is no cost burden of ownership. The 0.67% base reward rate combined with 5X bonus on ₹4 lakh+ annual spends and 6X bonus on travel bookings via HSBC Rewards Programme makes it competitive for high spenders and travel-focused users.
What works in the card's favour is the lifetime-free pricing, the 0.50 RP-to-rupee conversion (better than HDFC entry-level at 0.25), the 2,000 RP welcome bonus on ₹5,000 spends (₹1,000 value, pure profit on a free card), the 5X bonus tier for high spenders, the 6X travel bonus on HSBC Rewards Programme flights and car rentals, the airline miles transfer to leading carriers (Air India, Etihad, British Airways, Singapore), and the zero redemption fee. The 1% fuel surcharge waiver up to ₹4,000 transactions adds modest additional savings.
Where the card falls short is the absence of airport lounge access (uncommon for premium-positioned cards), the wide exclusion list (rent, education, insurance, GST, tolls all excluded), the high rent payment fee (3.4% vs industry-standard 1%), the high cash payment fee (₹250 vs ₹100 industry standard), and the modest base earning rate (0.67% is below cards like Axis Magnus or HDFC Regalia).
Net assessment: the HSBC Platinum Rewards Credit Card is a top pick as a free secondary card for HSBC India customers, high spenders who can hit the ₹4 lakh annual threshold for 5X bonus, and travel users who can leverage the 6X travel rate and airline miles transfers. It is not the right choice as a primary card for diversified everyday spending (better paid options exist), users with primary spending on rent/education/insurance, or users who want lounge access. For those profiles, alternatives like the IDFC FIRST Wealth, HDFC Millennia, or Axis ACE may deliver better-suited value.
Joining/Annual Fee
Joining Fees
₹0 ( ₹0 + GST )
Annual Fees
₹0 ( ₹0 + GST )
The HSBC Platinum Rewards Credit Card is lifetime free — there is no joining fee and no annual fee. Thi...
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The HSBC Platinum Rewards Credit Card is lifetime free — there is no joining fee and no annual fee. Thi...
The HSBC Platinum Rewards Credit Card is lifetime free — there is no joining fee and no annual fee. This makes it one of the most accessible no-cost credit cards in the Indian market. Other lifetime-free cards like the IDFC FIRST Classic and IndusInd Legend exist, but few offer the combination of zero cost and HSBC's premium banking relationship.
Since there is no recurring annual fee, there are no spending thresholds to meet for fee waiver. You can hold the card without using it for any year without incurring any charges. This makes the card a useful low-cost addition to a credit card portfolio — you can keep it as a backup or for travel rewards without worrying about annual fee burden.
The standard transactional fees like cash advance fees, late payment fees, and forex markup do apply when relevant, but these are only incurred on specific transactions. For users who use the card responsibly, the cost of ownership is effectively zero.
View FAQ
Commonly Asked Questions
Q. What is the joining fee?
A. There is no joining fee on the HSBC Platinum Rewards Credit Card.
Q. What is the annual fee?
A. The card is lifetime free with zero annual fee.
Q. Are there any conditions to maintain the free status?
A. No. The card is unconditionally lifetime free with no spending thresholds or activity requirements.
Eligibility
Age
Criteria*
21-65 years
Salary
Criteria*
6LPA
Credit
Rating*
720+
New to credit
allowed
Yes
Existing Bank
Customer Allowed
Yes
To apply for the HSBC Platinum Rewards Credit Card, you need to meet HSBC India's eligibility criteria....
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To apply for the HSBC Platinum Rewards Credit Card, you need to meet HSBC India's eligibility criteria....
To apply for the HSBC Platinum Rewards Credit Card, you need to meet HSBC India's eligibility criteria. Both salaried and self-employed applicants must be between 21 and 65 years of age — one of the widest age bands among Indian credit cards.
Both salaried and self-employed applicants need a minimum annual income of ₹6 lakh (₹50,000 per month). HSBC India is generally more conservative on credit profile than mass-market issuers, so a credit score of 720 or higher is recommended for approval. The applicant must be an Indian resident with a valid permanent address in India.
HSBC India also looks at the applicant's banking relationship and may give preference to existing customers. The bank's product portfolio is more concentrated than HDFC or SBI, so card issuance follows stricter underwriting standards. Existing HSBC India customers with savings accounts or fixed deposits may receive pre-approved offers through the HSBC Mobile App.
View FAQ
Commonly Asked Questions
Q. What is the minimum income required?
A. Both salaried and self-employed applicants need a minimum annual income of ₹6 lakh.
Q. What is the age range?
A. Applicants must be between 21 and 65 years of age.
Q. What credit score is needed?
A. A credit score of 720 or higher is recommended for approval.
All Card Benefits
- Earn 2 Reward Points for every ₹150 spent on eligible transactions
- Redeem your reward points for air miles with leading airlines such as Air India, Etihad Airways, British Airways, Singapore Airlines and more
- Earn 5X Reward Points on purchases after spending ₹4,00,000 in an anniversary year, capped at 15,000 accelerated Reward Points
The HSBC Platinum Rewards Credit Card combines lifetime-free pricing with solid base rewards and travel...
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The HSBC Platinum Rewards Credit Card combines lifetime-free pricing with solid base rewards and travel...
The HSBC Platinum Rewards Credit Card combines lifetime-free pricing with solid base rewards and travel-focused bonuses. Below are the key features.
2 reward points per ₹150 base rate. Earn 2 reward points for every ₹150 spent on eligible transactions. With 1 RP = ₹0.50, this translates to approximately 0.67% effective cashback on base spending. So a ₹15,000 monthly spend earns 200 reward points worth ₹100 monthly, or ₹1,200 annually at the base rate.
5X bonus on high anniversary spending. Earn 5X reward points on purchases after spending ₹4,00,000 in an anniversary year, capped at 15,000 accelerated reward points. This rewards high spenders with effective ~3.33% cashback on the additional spending (10 RP per ₹150 at 0.50). For users with monthly spending of ₹35,000+, the accelerated tier delivers significantly higher returns.
Up to 6X reward points on flights and car rentals. Earn up to 6X reward points on flights and car rental bookings via the HSBC Rewards Programme. So a ₹20,000 flight booking earns 800 reward points worth ₹400 (effective 2%). This is significantly higher than the base 0.67% rate and is competitive with dedicated travel cards.
Airline miles redemption with leading carriers. Reward points can be redeemed for air miles with major airlines including Air India, Etihad Airways, British Airways, Singapore Airlines, and more. The miles conversion ratio varies by partner airline, but redeeming for premium-cabin awards can deliver significantly higher per-point value than standard catalogue redemption.
Welcome bonus. Get 2,000 reward points (worth ₹1,000) on spending ₹5,000 within 30 days of card issuance after card activation in the HSBC Mobile App. The welcome benefit effectively makes the card net-positive in the first year given the zero annual cost.
1% fuel surcharge waiver. A 1% fuel surcharge waiver applies on fuel transactions between ₹400 and ₹4,000 made using the HSBC Platinum Rewards Credit Card. The exact monthly cap follows HSBC's standard schedule.
Lifetime free. Zero joining fee. Zero annual fee. No spending thresholds to meet for fee waiver. This makes the card one of the lowest-cost cards to own in the Indian market — there is no recurring charge regardless of spend volume or card activity.
Multi-channel redemption. Reward points can be redeemed for flight bookings, hotel bookings, gift vouchers, statement credit, and air miles transfers. The flexibility allows you to choose the best redemption value based on your needs at any given time. Statement credit redemption is typically straightforward for offsetting card bills.
Wide list of exclusions. Rent payments, insurance, cash withdrawals, school and educational services, GST charges, and tolls are all excluded from reward earning. So a ₹25,000 rent payment, a ₹15,000 insurance premium, a ₹50,000 school fee, or a ₹100 toll payment earns zero reward points on this card.
VISA network. The card runs on the VISA network with broad global acceptance and access to VISA-specific offers on dining, travel, and shopping at partner merchants.
Effective annual value. A user with ₹20,000 monthly spending plus a ₹1 lakh annual flight spend through HSBC Rewards earns approximately 267 base RP monthly (₹133) plus 1,333 RP on flights (₹667) = ₹2,260 of annual reward value. Combined with the 2,000 welcome RP (₹1,000), total first-year value is ₹3,260 against zero annual fee — pure net value.
View FAQ
Commonly Asked Questions
Q. What is the welcome benefit?
A. 2,000 reward points (worth ₹1,000) on spending ₹5,000 within 30 days of card issuance.
Q. Does this card offer lounge access?
A. No. The HSBC Platinum Rewards Credit Card does not offer airport lounge access.
Q. What is the value of 1 reward point?
A. 1 reward point = ₹0.50, redeemable for vouchers, statement credit, or travel bookings.
Q. What is the bonus rate for high spenders?
A. 5X reward points on purchases after spending ₹4,00,000 in an anniversary year, capped at 15,000 accelerated RP.
Q. Can I redeem for airline miles?
A. Yes. Reward points can be transferred to air miles with Air India, Etihad, British Airways, Singapore Airlines, and more.
Q. Is there an annual fee?
A. No. This card is lifetime free with zero joining and zero annual fees.
How to Redeem Rewards & Cashback?
Rewards Conversion Rate
1 Reward Point = ₹0.50
Redemption Options
- Flight bookings
- Hotel bookings
- Gift vouchers
- Statement credit
To check redemption catalogue
Reward points earned on the HSBC Platinum Rewards Credit Card can be redeemed through the HSBC Rewards ...
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Reward points earned on the HSBC Platinum Rewards Credit Card can be redeemed through the HSBC Rewards ...
Reward points earned on the HSBC Platinum Rewards Credit Card can be redeemed through the HSBC Rewards Programme portal accessible from the HSBC Mobile App. The conversion rate is 1 reward point = ₹0.50 on direct redemption. Multiple redemption options are available: flight bookings, hotel bookings, gift vouchers, statement credit, and airline miles transfer.
The most flexible redemption is statement credit, which converts each reward point into ₹0.50 directly off your monthly bill. Gift vouchers from popular brands (Amazon, Flipkart, Myntra) are also available at competitive conversion rates. Flight and hotel redemptions via the HSBC Rewards Programme can deliver good value, especially for users who plan travel ahead.
The highest-value redemption is typically airline miles transfer to partner programmes like Air India Flying Returns, Etihad Guest, British Airways Executive Club, and Singapore Airlines KrisFlyer. Miles redeemed for premium-cabin awards can deliver significantly higher per-point value than standard catalogue redemption. No fee is charged for reward point redemption on this card — a notable advantage over HDFC and SBI which charge ₹99 plus GST per redemption.
View FAQ
Commonly Asked Questions
Q. How do I redeem reward points?
A. You can redeem through flights, hotels, gift vouchers, statement credit, or airline miles transfer via the HSBC Mobile App.
Q. What is the value of 1 reward point?
A. 1 reward point = ₹0.50 on direct redemption.
Q. Is there a redemption fee?
A. No. Reward point redemption is free on the HSBC Platinum Rewards Credit Card.
Gift card - Key Terms
Once you apply, we will start tracking your application
Generally takes 2-72 hrs
Once the bank confirms us of your successful card activation, we will process your rewards
Generally takes 7-75 days
You can then withdraw your rewards via Amazon Pay Balance/Flipkart gift cards
Generally takes 7-75 days
Note: If you currently hold or have ever held an HSBC Bank Credit Card, you are not eligible for CashKaro Rewards.
Rewards Related
- If you currently hold or have ever held an HSBC Bank Credit Card, you are not eligible for Gift Card
- A minimum transaction of Rs.100 within 30 days is mandatory to activate your card; otherwise, you wont be eligible for the Rewards
- Please use Aadhaar linked mobile number to fill the application
- If the distance between your residence and office addresses is 150 km or more, please ensure that your residence is selected as the mailing address. Applications not adhering to this will be rejected
- VKYC done over 50km from your Aadhaar/communication address will result in application rejection and loss of Rewards
Also, Remember
- Resume your application only via Great.Cards to avoid losing Rewards
- If your Rewards do not track, raise a Missing Rewards Ticket within 30 Days from the application date
- Rewards can only be redeemed as Amazon Pay Balance and Flipkart Gift Card
Bank Exclusions
You will not earn points / cashback on spends in the following categories
For Points / Cashback Earnings
Rent Payment
Insurance
Cash Withdrawls
School & Educational Services
GST Charges
Tolls
For Spends Waiver
Rent Payment
Insurance
Cash Withdrawls
School & Educational Services
GST Charges
Tolls
The HSBC Platinum Rewards Credit Card has a focused exclusion list. The excluded categories from reward...
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The HSBC Platinum Rewards Credit Card has a focused exclusion list. The excluded categories from reward...
The HSBC Platinum Rewards Credit Card has a focused exclusion list. The excluded categories from reward earning include rent payments, insurance, cash withdrawals, school and educational services, GST charges, and tolls.
Rent payments — typically high-value monthly transactions — earn zero reward points on this card. So a ₹25,000 rent payment delivers no reward value. Insurance premiums (including health, motor, and life insurance) are also excluded. GST charges levied on services and other transactions are not eligible for reward earning. Toll payments through FASTag or otherwise are not rewarded.
School and educational services — including school fees, college tuition, and Edu-tech subscriptions like Byju's or Unacademy — are excluded. For users who pay significant amounts in these categories, a different card with broader eligibility (such as IDFC FIRST Wealth for rent rewards) would be more cost-effective.
View FAQ
Commonly Asked Questions
Q. Do rent payments earn rewards?
A. No. Rent payments are excluded from reward earning on this card.
Q. Are education spends rewarded?
A. No. School and educational services are excluded.
Q. Do insurance premiums earn rewards?
A. No. Insurance payments are excluded from reward earning.
Bank Fee Structure
| Structure | Details |
|---|---|
Forex Markups  3.5% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. | 3.50% |
APR Fees 3.5% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 42% | 3.50% |
ATM withdrawal 2.5% of the withdrawn amount is charged on cash advances using the credit card (minimum ₹500, if applicable). | 2.50% |
Reward Redemption Fees No fee is charged when redeeming reward points on this card. | Not Applicable |
Link for all T&Cs | Click Here |
Railway Surcharge Surcharge on booking or cancelling railway tickets will be levied as prescribed by IRCTC or Indian Railways and may vary based on their applicable charges. | As prescribed by IRCTC / Indian Railways |
Rent Payment Fees 1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges | 1% |
cheque Payment Fees A fee of ₹100 is charged for payments made through cheque | ₹100 |
Cash Payment Fees Rs 250 + taxes will be charged for all payments done via Cash | ₹250 |
| Late Payment Fees | Amount Due |
|---|---|
| ₹0 - ₹500 | ₹0 |
| ₹501 - ₹1000 | ₹400 |
| ₹1001 - ₹10000 | ₹ 750 |
| ₹10000 - ₹25000 | ₹ 950 |
| ₹25001- ₹ 50000 | ₹ 1100 |
| ₹50000 and above | ₹1300 |
The fee structure on the HSBC Platinum Rewards Credit Card is the most accessible in the market for a r...
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The fee structure on the HSBC Platinum Rewards Credit Card is the most accessible in the market for a r...
The fee structure on the HSBC Platinum Rewards Credit Card is the most accessible in the market for a rewards card — zero joining fee and zero annual fee. The standard transactional fees are in line with industry norms.
The joining fee is nil, which means no debit on your first statement at card setup. This is a clear advantage over cards like HDFC Millennia (₹1,000), SBI Cashback (₹999), or Axis ACE (₹499).
The annual fee is nil as well. The card is lifetime free with no spending thresholds to meet for fee waiver. You can hold the card indefinitely without any recurring charges.
The APR or monthly finance charge is 3.5% per month, which works out to approximately 42% per annum on revolving balances. For example, on an outstanding balance of ₹20,000 carried for one month, the interest charged would be ₹20,000 × 3.5% = ₹700 per month. The interest-free period is 20 to 55 days for new purchases.
Late payment charges are tiered based on the outstanding balance. For balances up to ₹500, no late fee is charged. For ₹501 to ₹1,000, the fee is ₹400. For ₹1,001 to ₹10,000, it is ₹750. For ₹10,001 to ₹25,000, it is ₹950. For ₹25,001 to ₹50,000, it is ₹1,100. For balances above ₹50,000, the late fee is ₹1,300. An additional ₹100 late payment charge is levied for missing payment of Minimum Amount Due for two consecutive cycles.
The forex markup is 3.5% on all foreign currency transactions. For example, on a ₹50,000 international transaction, the markup is ₹1,750, plus 18% GST on the markup which is ₹315. The total forex cost on a ₹50,000 international swipe comes to ₹2,065.
The ATM cash withdrawal fee is 2.5% of the withdrawn amount, with a minimum of ₹500. Cash advances accrue finance charges from the day of withdrawal at the 3.5% per month rate.
The rent payment fee is 3.4% (effectively GST plus ₹199 bank processing fee plus platform charge), notably higher than the industry-standard 1% on other cards. For paying a rent of ₹25,000, the fee component can total approximately ₹1,049 (3.4% rent surcharge plus GST). Rent payments also earn no reward points on this card.
The railway booking surcharge is levied as prescribed by IRCTC and Indian Railways and varies based on booking platform and class of travel.
The cash payment fee is ₹250 plus taxes per cash payment made at HSBC India branches towards the credit card bill. So if you pay your card bill in cash at a branch, ₹250 will be debited as a fee per transaction. Digital payment modes (UPI, NEFT, NetBanking) are free.
The cheque payment fee is ₹100 per cheque transaction. Returned or dishonoured cheques attract additional charges as per HSBC India's MITC.
No fee is charged when redeeming reward points on this card — a clear advantage over HDFC and SBI cards which charge ₹99 plus GST per redemption.
| Fee Type | Charges |
|---|---|
| Joining Fee | Nil |
| Annual Fee | Nil (lifetime free) |
| APR (Monthly) | 3.5% per month |
| Late Payment Fee | ₹0 to ₹1,300 (slab-based) |
| Forex Markup | 3.5% |
| ATM Cash Withdrawal | 2.5% (min ₹500) |
| Rent Payment Fee | 3.4% (GST + ₹199 bank fee + platform) |
| Railway Surcharge | As per IRCTC / Indian Railways |
| Cash Payment Fee | ₹250 + taxes |
| Cheque Payment Fee | ₹100 |
| Reward Redemption Fee | Nil |
View FAQ
Commonly Asked Questions
Q. What is the APR?
A. The APR is 3.5% per month (approximately 42% per year).
Q. What is the rent payment fee?
A. Rent payments attract a 3.4% fee (higher than industry-standard 1%), which combines GST, ₹199 bank fee, and platform charges.
Q. Is the cash payment fee high?
A. Yes. The ₹250 plus taxes cash payment fee is among the higher in the market. Digital payments are free.
Q. What is the late payment fee?
A. Late payment fee ranges from ₹0 (on balances below ₹500) to ₹1,300 (on balances above ₹50,000), plus ₹100 additional for two consecutive missed cycles.
Q. Is reward redemption free?
A. Yes. No fee is charged for redeeming reward points on this card.
Q. What is the cheque payment fee?
A. A ₹100 fee is charged for payments made through cheque on the HSBC Platinum Rewards Credit Card.
Documents Required
To apply for the HSBC Platinum Rewards Credit Card, you need to submit standard KYC, income, and address documents. HSBC India requires these documents to verify identity, residence, and income eligibility before issuing the card.
The required documents include identity proof (Aadhaar, PAN, Voter ID, Driving Licence, or Passport — PAN mandatory), address proof (Aadhaar, Passport, utility bill not older than 3 months, or rental agreement), income proof (3 months salary slips and Form 16 for salaried, or 2 years ITR and 6 months bank statements for self-employed), and a recent passport-size photograph.
HSBC India may require additional documentation for self-employed applicants given the bank's conservative underwriting. NRI applicants need additional documents including valid visa, work permit, overseas address proof, and NRE or NRO bank statements.
View FAQ
Commonly Asked Questions
Q. Is PAN Card mandatory?
A. Yes. PAN Card is mandatory for all credit card applications.
Q. What income proof is needed?
A. Latest 3 months salary slips and Form 16 for salaried, or 2 years ITR for self-employed.
Who Should Get This Card?
The HSBC Platinum Rewards Credit Card is a strong fit for several user profiles. Existing HSBC India customers who want a free credit card to complement their banking relationship will find this card a natural fit. The lifetime-free status means it can be held indefinitely without cost burden. The ability to transfer reward points to airline miles with leading carriers (Air India, Etihad, British Airways, Singapore Airlines) makes it especially attractive for frequent international travellers who can leverage premium-cabin awards.
For high spenders (₹35,000+ monthly, or ₹4 lakh+ annual), the 5X bonus rate on incremental spends delivers ~3.33% effective cashback on the bonus tier — competitive with paid reward cards. Users who book flights and car rentals through the HSBC Rewards Programme get up to 6X reward points (effective 2% cashback), making the card valuable for travel.
The card is less suitable for users with primary spending on rent, education, insurance, GST-heavy services, or tolls (all excluded), users who want airport lounge access (not offered), or users who don't mind paying a small annual fee for higher base reward rates (HDFC Millennia offers 5% on 10 lifestyle brands at ₹1,000 annual fee with broader brand coverage). For these profiles, alternatives like the IDFC FIRST Wealth (rent rewards), HDFC Millennia (lifestyle brands), or Axis ACE (lounge + utility bills) may deliver better-suited value.
Credit Limit and What to Expect
The credit limit on the HSBC Platinum Rewards Credit Card is determined by HSBC India based on the applicant's income, credit score, repayment history, existing credit obligations, and banking relationship. Credit limits typically start at ₹50,000 and can go up to ₹5,00,000 for applicants with strong income and credit profiles. HSBC India generally offers competitive credit limits given its premium positioning.
You can view your assigned credit limit on the welcome letter sent with the card or check it through the HSBC Mobile App. The card also comes with a separate cash limit, typically 20% to 40% of the total credit limit, meant for ATM withdrawals. Cash withdrawals attract a 2.5% fee with a minimum of ₹500.
HSBC India may revise your credit limit periodically based on usage patterns and repayment behaviour. A healthy credit utilisation practice is to keep usage below 30% to 40% of the assigned limit to protect your credit score.
View FAQ
Commonly Asked Questions
Q. What is the typical credit limit?
A. Credit limits typically range from ₹50,000 to ₹5,00,000.
Q. Can I request a credit limit increase?
A. Yes, after 6 to 12 months of disciplined usage.
How to Apply?
You can apply for the HSBC Platinum Rewards Credit Card through the HSBC India website at hsbc.co.in, the HSBC Mobile App, or by visiting an HSBC India branch. Online applications are typically the fastest route, with most approved cards dispatched within 7 to 10 working days. Existing HSBC India customers may receive pre-approved offers through the mobile app.
To apply online, visit the HSBC India credit cards section, locate the Platinum Rewards listing, and click on Apply Now. You will be asked to enter your basic details including name, mobile number, email address, PAN, date of birth, and employment type. You will then need to upload identity proof, address proof, income proof, and a recent passport-size photograph. HSBC India may conduct a video KYC step.
Once your application is submitted, the bank performs a credit bureau check, verifies your income documents, and may carry out a residence verification before approval. After approval, the card is dispatched to your registered address within 7 to 10 working days. Activate your card via the HSBC Mobile App to access the welcome benefit window. Make sure to spend ₹5,000 within 30 days of issuance for the 2,000 welcome reward points.
View FAQ
Commonly Asked Questions
Q. How can I apply online?
A. You can apply through the HSBC India website, HSBC Mobile App, or visit an HSBC India branch.
Q. How long does it take to receive the card?
A. After approval, the card is dispatched within 7 to 10 working days.
Q. Where do I activate my card?
A. Activate the card via the HSBC Mobile App. The welcome benefit window starts after activation.
That’s the full story of this credit card
Like this card? Your apply button’s just there.
Top Benefits
Apply and get ₹2200 Rewards
Top Benefits
Earn up to 6X Reward Points on Hotels, Flights
and Car Rentals via Travel with Points on HSBC Rewards Programme
Earn 2 Reward Points for every ₹150
spent on all card transactions, convertible to air miles and hotel loyalty points via HSBC India App
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