HSBC Credit Card – Features, Eligibility & Apply Online
HSBC Bank offers credit cards with varying benefits around dining, movies, rewards, travel, etc. The features are suitable for the different needs of individuals belonging from both entry-level and premium categories. Choosing the right HSBC credit card wisely as per eligibility and spending patterns can fetch users valuable savings. The cards extend benefits like cashback on online shopping, complimentary movie vouchers, reward points on all purchases, and more. Here is all you need to know about HSBC Credit Cards to find which of these cards would be the best fit for you.
Top HSBC Credit Cards in November 2024
Credit Card |
Annual fee |
Best Feauture |
Get It |
|---|---|---|---|
| HSBC Live+ Credit Card | Rs. 999 | 10% accelerated cashback on all dining, food delivery and grocery spends | Apply Now |
| HSBC Visa Platinum Credit Card | Nil | 2 reward points per Rs. 150 | Apply Now |
| HSBC Premier Credit Card* | Rs. 20,000 | Taj Epicure membership and an experience gift card worth Rs. 12,000 | Apply Now |
*This is a premium card offered to HSBC Premier customers. Eligibility: Quarterly total relationship balance of Rs. 40 lakh OR Mortgage relationship with a disbursal of Rs. 1.15 crore OR Corporate salary account with a net monthly salary credit of Rs. 3 lakh.
Credit Card |
Annual fee |
Best Feauture |
Get It |
|---|---|---|---|
| HSBC Live+ Credit Card | Rs. 999 | 10% accelerated cashback on all dining, food delivery and grocery spends | Apply Now |
| HSBC Visa Platinum Credit Card | Nil | 2 reward points per Rs. 150 | Apply Now |
| HSBC Premier Credit Card* | Rs. 20,000 | Taj Epicure membership and an experience gift card worth Rs. 12,000 | Apply Now |
- Instant Credit Options: You can use your HSBC credit card to make purchases across products like electronics and apparels, or to fund experiences like travel. You can pay the amount spent back in easy EMIs (equated monthly installments). Additionally, the issuer offers an instant loan offer feature called the ‘Loan on Phone’ to fund such expenses at a lower interest rate.
- Balance Transfer: HSBC offers the Balance Transfer-on-EMI service that allows the transfer of outstanding balances from other bank credit cards to your HSBC credit card. This can be repaid via convenient monthly installments at a reduced interest rate.
- Balance Conversion: You can also opt for the balance conversion feature, via which you can ‘spend today and pay later’. You can again divide your outstanding balance and pay it in easy EMIs.
- Safe & Secure Online Banking: You can manage your HSBC credit card easily with HSBC’s online banking facility from anywhere in the world. Besides, all cards are enhanced with extra security for secure transactions.
| Fee Type | Amount |
| Joining Fee | Varies from card to card |
| Annual Fee | Varies from card to card |
| Finance Charges* | Up to 3.49% per month | 41.88% per annum |
| Late Payment Charges* | 100% of the minimum payment due (subject to a minimum of Rs. 250 and a maximum of Rs. 1,200 per month) |
* These charges may vary from card to card.
To be eligible for an HSBC credit card, you are required to meet the basic eligibility criteria set by the bank as shown below-
| Criteria | Detail |
| Age | 18-65 years |
| Occupation | Salaried and Self-Employed |
| Minimum Income | Varies from card to card |
| Documents Required | Click here to see the list of acceptable documents |
Note: May vary from card to card or as per user’s profile.
HSBC Bank is a credit card partner with Paisabazaar. You can follow these steps to apply for an HSBC credit card:
1. To begin with, provide your mobile number in the credit card application form on the top of this page.
2. Enter the OTP as received on your number to check the pre-qualified offers on the screen.
3. Now, compare the available options based on the features that match best with your spending patterns and income eligibility.
4. Then, apply for a chosen credit card and provide the required documents to begin the application process.
How to generate a new PIN for HSBC Credit Card?
In order to generate a new credit card PIN for your HSBC Credit card, you can use Internet Banking or can visit the nearest Bank Branch. Additionally, you can also contact the bank at their phone banking numbers 1800 267 3456 /1800 121 2208. The new ATM PIN is dispatched to your mailing address within 7 working days from the date of generation.
How to pay HSBC credit card bill?
There are multiple ways to pay your HSBC credit card bill. You can use HSBC netbanking, mobile banking, NEFT/RTGS, BillDesk, by mailing your cheque or draft to the nearest HSBC branch, via standing instructions linked with your HSBC savings or current account, by depositing cash or cheque at the HSBC ATM in India or via over the counter facility by paying via cash or cheque at any HSBC branch in India. Note that over the counter credit card bill payment involves a cash payment charge of Rs. 100. Click here to read all about HSBC Credit Card Bill Payment.
Which is the best HSBC credit card?
Choosing the best credit card is subjective based on your needs and spending habits. For instance, HSBC Visa Platinum is a good choice if you are looking for a rewards credit card along with benefits on shopping and entertainment. Similarly, HSBC Cashback Credit Card is a good choice if you use your credit card frequently, since the card offers unlimited cashback on all your transactions at zero annual fee.
Can I use HSBC Credit Cards to make international payments?
Yes, all HSBC Credit Cards are internationally accepted. However, note that there may be certain associated fees and charges for all transactions done abroad. Currently the bank charges 3.5% as foreign currency mark up fee (except for HSBC Premier Credit Card that charge 0.99%) and Rs. 100 as cash withdrawal fee against bank accounts at overseas ATMs.
Can I avail exclusive discounts with HSBC Credit Cards?
Yes, HSBC Cashback Credit Card offers exclusive deals and discounts every month for its cardholders. You can avail discounts on top brands like Amazon, Amazon Pay, PharmEasy, EazyDiner, Blinkit and more. However, the bank keeps changing these brands every month. Therefore, you have to keep a check on the bank’s website to avail such benefits.
In how many days do I receive my HSBC Credit Card?
On receiving the application form with all required documents, the credit card request is processed within two weeks. Once this application is approved, you are most likely to receive your credit card in 7 working days. You will receive alerts for your application status on the active mobile number you mentioned on the application form via SMS.
How do I receive my HSBC credit card statement?
Your HSBC credit card statement is delivered to your mailing address (as per bank’s record). For tracking, you receive the Airway Bill number/courier reference number via SMS on your active mobile number. In addition to that, you also receive your statements via e-mail on your personal email id. In case you have self-registered for Internet Banking services, you can view and download your statement hassle-free, by visiting the ‘Ways to Bank’ section on the HSBC Bank website.
How do I activate my HSBC Bank Credit Card?
On receiving your card, you need to first activate your credit card before using it. For this, (i) you can use your ATM PIN to activate the card on an HSBC ATM (ii) perform a PIN based transaction or (iii) Call HSBC India Phone Banking.
Can I upgrade my HSBC credit card?
Yes, card upgrade facility is offered by HSBC on its credit cards. However, your eligibility for the same will be decided by the issuer. If you wish to upgrade to a better credit card, you can send a request.
Why is my HSBC credit card declined at a store?
The card can be declined because of various reasons, the most common being an insufficient credit limit. So, if you think you have sufficient limits and still your card is declined, you must call the issuer to find out the issue.
How can I check my application status for HSBC Credit Cards?
You can apply for a credit card with HSBC Bank hassle free. However, it takes around 7 working days to get the application processed. During this time you can check the application status by contacting the HSBC Bank customer care at 1800 267 3456 or 1800 121 2208.
Should I opt for HSBC Cashback Credit Card or Visa Platinum Credit Card?
Both of these credit cards have different benefits, and choosing the best amongst these two should be a subjective choice. However, note that HSBC Cashback credit card is a good option for you if you are looking for cashback across all spends, as you get 1.5% cashback on every transaction done online and 1% on every transaction done offline. HSBC Visa Platinum Credit Card on the other hand is a good option, if you are looking for rewards credit card at zero joining and annual fee. The card offers 2 reward points for every Rs. 150 spent. You can redeem these points for airmiles conversion on InterMiles, British Airways and Singapore Airlines.