HSBC Bank credit card
HSBC Visa Platinum Credit Card
Lifetime free card with rewards and lifestyle benefits
Credofly overview
Is HSBC Visa Platinum Credit Card right for you?
The HSBC Visa Platinum Credit Card is a no-fee card that offers reward points on every spend, fuel surcharge waivers, and additional lifestyle benefits, making it a valuable choice for everyday expenses.
Earn 2 Reward Points per ₹150 spent on all purchases. After annual spends of ₹4,00,000, earn 5X Reward Points on subsequent purchases, capped at 15,000 accelerated points per year.
What it costs
Fees & charges
Earning & redeeming
Rewards, made clear
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2 Reward Points per ₹150 spent on all purchases
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5X Reward Points on spends after ₹4,00,000 annually, capped at 15,000 points
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Reward points can be redeemed for air miles, hotel stays, gift cards, and more
How you can redeem
Redeem Reward Points for:
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Air miles with leading airlines
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Hotel loyalty points
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Gift cards across various categories
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Merchandise and more via HSBC India App
EMI Transactions, Wallet, Rent, Fuel, and Government Spends
Beyond rewards
Benefits that matter
Welcome offer
₹250 Amazon eGift Voucher on online application and Video KYC completion. ₹500 cashback on spending ₹5,000 within 30 days of card issuance
Milestone benefits
5X Reward Points on spends exceeding ₹4,00,000 annually, up to 15,000 points
Renewal benefits
Not applicable; no annual fee
Card benefits
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Fuel surcharge waiver up to ₹3,000 annually
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Dining discounts up to 15% at partner restaurants
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Zero liability on lost cards reported within 24 hours
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Emergency card replacement within 3 days worldwide
Our independent take
Credofly review
With its lifetime free status, the HSBC Visa Platinum Credit Card stands out by offering a robust rewards program and practical benefits. The 5X reward points on higher annual spends incentivize increased usage, while features like fuel surcharge waivers and dining discounts add to its appeal. It’s a solid choice for those seeking value without the burden of fees.
The HSBC Visa Platinum Credit Card is an excellent entry-level option for individuals seeking a no-fee card with tangible benefits. Its straightforward rewards program, combined with perks like fuel surcharge waivers and dining discounts, provides consistent value. While it may lack premium features like lounge access, its simplicity and cost-effectiveness make it a compelling choice for everyday use.
Why we like it
A lifetime free card offering consistent rewards, fuel surcharge waivers, and lifestyle benefits, making it ideal for everyday use.
Strengths
- <p>No joining or annual fees</p>
- <p>Reward points on every spend, with accelerated rewards on higher annual spends</p>
- <p>Fuel surcharge waiver up to ₹3,000 annually</p>
Watch-outs
- <p>Limited premium features compared to higher-tier cards</p>
- <p>Accelerated rewards capped at 15,000 points annually</p>
- <p>Eligibility restricted to residents of select cities</p>
Before you apply
Eligibility & application
Eligibility
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Age: 18–65 years
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Minimum annual income: ₹4,00,000 for salaried individuals
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Resident of select Indian cities including Bengaluru, Mumbai, Delhi NCR, Chennai, Hyderabad, Pune, Noida, and others
How to apply
Apply online via Credofly in just 2 minutes:
Complete the form, upload documents, and finish Video KYC. Your card will be approved and delivered within 5–7 business days.
Your questions answered
FAQs
Is the HSBC Visa Platinum Credit Card truly lifetime free?Yes, this card comes with no joining or annual fees — forever. No hidden charges or waiver conditions. Q2: How are reward points calculated and used?You earn 2 Reward Points per ₹150 spent. After spending ₹4 lakh in a year, you earn 5X points on additional purchases (up to 15,000 bonus points/year). Q3: What is the value of each Reward Point?1 Reward Point = ₹0.25. Redeem for air miles, gift vouchers, hotel stays, and merchandise via HSBC’s rewards portal or app. Q4: Does this card offer fuel surcharge waivers?Yes, 1% fuel surcharge is waived on spends between ₹400 and ₹4,000, up to ₹3,000/year. Q5: Are there dining or lifestyle benefits?Yes, you get up to 15% off at over 1,000 partner restaurants and lifestyle privileges under the HSBC Dining Delight program. Q6: Is lounge access included?No, this card does not offer complimentary lounge access. For that, you may consider HSBC Premier or higher-tier cards. Q7: Can I redeem rewards for cashback or statement credit?Currently, points cannot be converted to cashback. They must be redeemed for vouchers or rewards listed on the HSBC Rewards platform.
Yes, this card comes with no joining or annual fees — forever. No hidden charges or waiver conditions.
How are reward points calculated and used?
You earn 2 Reward Points per ₹150 spent. After spending ₹4 lakh in a year, you earn 5X points on additional purchases (up to 15,000 bonus points/year).
What is the value of each Reward Point?
1 Reward Point = ₹0.25. Redeem for air miles, gift vouchers, hotel stays, and merchandise via HSBC’s rewards portal or app.
Does this card offer fuel surcharge waivers?
Yes, 1% fuel surcharge is waived on spends between ₹400 and ₹4,000, up to ₹3,000/year.
Are there dining or lifestyle benefits?
Yes, you get up to 15% off at over 1,000 partner restaurants and lifestyle privileges under the HSBC Dining Delight program.
Is lounge access included?
No, this card does not offer complimentary lounge access. For that, you may consider HSBC Premier or higher-tier cards.
Can I redeem rewards for cashback or a statement credit?
Currently, points cannot be converted to cashback. They must be redeemed for vouchers or rewards listed on the HSBC Rewards platform.
From cardholders
User reviews
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