The HSBC Visa Platinum Credit Card is your gateway to a world of convenience and rewards. Tailored for the discerning customer, this credit card offers a seamless financial experience with a host of benefits.
Boasting a user-friendly approach, it comes with zero joining and annual fees, allowing you to enjoy its features without any extra cost.
The card’s lifestyle benefits include complimentary travel vouchers, cashback within the initial 60 days, movie vouchers, and exclusive dining discounts at partner restaurants across major Indian cities.
With a straightforward fee structure and a low-interest rate, the Platinum Credit Card aims to simplify your financial transactions while offering a range of rewards to enhance your lifestyle.
Table of Contents
HSBC Visa Platinum Credit Card
HSBC Bank is issuing several types of credit cards to its account holders among them one of the cards is Visa Platinum Credit Card Mumbai.
In India the card is available in Thane, Navi Mumbai, Pune, Chennai, Bengaluru, Hyderabad Delhi, Noida, Ghaziabad, Gurgaon, Faridabad, Gautam Buddha Nagar, and Chandigarh
Highlights of Visa Platinum Credit Card
The key highlights of the card are:
Attractive Offers and Rewards
A lifestyle credit card that brings forth enticing offers and rewards for cardholders.
Zero Joining Fee and Annual Fee
Enjoy the benefits of the HSBC Visa Platinum Credit Card without any joining or annual fees.
Exciting Introductory Offers
New customers applying for the credit card can enjoy exclusive welcome privileges when they make transactions totaling at least INR 2,500 within 30 days of card issuance. These perks include vouchers such as a valuable INR 500 Amazon voucher and a INR 250 Swiggy voucher.
Additionally, new cardholders can access three complimentary visits to domestic airport lounges or receive three meal vouchers.
Accelerated Reward Points
Earn reward points at an accelerated rate for specific categories, enhancing the overall rewards accumulation.
Lifestyle Benefits
Complimentary Travel Vouchers: Unlock travel opportunities with complimentary travel vouchers offered by the HSBC Visa Platinum Credit Card.
Cashback within First 60 Days
Receive a 10% cashback on transactions within the first 60 days of card issuance.
Movie Vouchers
Enjoy movie experiences with up to Rs. 3,000 worth of movie vouchers annually.
Dining Discounts
Indulge in dining with a 15% discount at partner restaurants in major Indian cities through the HSBC Visa Platinum Credit Card.
Also Read: SBI Pulse Credit Card- Features and Benefits
Features and Benefits of HSBC Visa Platinum Credit Card
Features and benefits of this visa card are:
Zero Joining Fee and Annual Fee: All features and benefits are available at zero cost, as HSBC offers the Visa Platinum Credit Card without any joining or annual fee.
Gift Voucher: Receive Amazon and Swiggy vouchers worth Rs.500 and Rs.250 with your first transaction within 30 days.
Cashback: Get up to 10% cashback on expenses in the first 30 days, with a minimum transaction of Rs. 2,500.
Lounge Access: Enjoy three complimentary lounge accesses at domestic and international airports.
Reward Points Program: Earn 2 rewards points on every Rs.150 spent on retail purchases. Up to 5 times more rewards points after annual spending crosses Rs.4 lakh within 12 months. Redeem points for gifts, vouchers, airline miles, and charitable donations.
Spend Based Rewards: Win free entertainment ticket vouchers on monthly spends of Rs. 50,000 or more.
Dining Privileges: Avail up to 15% discount at select restaurants through HSBC’s Simply Indulge dining program.
Fuel Surcharge Waiver: Enjoy a surcharge waiver on fuel transactions between Rs.400 and Rs.4,000 at all petrol pumps in India.
Zero Liability on Lost Card: Report card loss within 24 hours for zero liability on fraudulent transactions, with coverage up to 24 hours before reporting.
Emergency Card Replacement: Obtain a new card within 3 days of reporting loss while abroad, with the option for emergency cash services.
Global Acceptance: Use the card at over 18 million outlets globally and 1 lakh locations in India.
Instant EMI: Convert purchases into EMIs at merchant terminals with flexible tenure options and interest rates from 12% to 15% per annum.
Add-On Credit Cards: Apply for up to 3 add-on credit cards for immediate family members at no extra cost.
Insurance Benefits: The card also provides insurance benefits to its holders.
Eligibility Criteria for HSBC Visa Platinum Credit Card:
Following is the eligibility criteria to apply for this credit card:
- Minimum Age: 18 years; Maximum Age: 65 years.
- Salaried Individuals Only: The card is available only for salaried individuals.
- Minimum Annual Income: Rs.4 lakh.
- Residency Requirement: Applicants should be residents of cities where the card is offered.
Documents Required for HSBC Visa Platinum Credit Card
Documents required for applying:
- Latest pay slip or salary certificate.
- Copy of existing credit card and its latest statement.
- Last 3 months’ bank statements reflecting salary credits.
- Proof of residence, identity, PAN card, or Form 60.
HSBC Visa Platinum Credit Card Fees and Charges
| Service | Charges |
| Joining Fee | Nil |
| Annual Fee | Nil |
| Interest Rate | 3.3% per month |
|
Cash Withdrawal Fee |
2.5% of the transaction amount (with a minimum of Rs.300) |
| Rewards Redemption Fee | Rs.50 per request |
| Cash Withdrawal Fee at Foreign ATMs | Rs.100 |
| Over limit Fee | Rs.500 per month |
|
Late Payment Fee |
50% of the minimum due amount (with a minimum of Rs.400 and a maximum of Rs.750) |
| Sales Slip Retrieval Fee | Rs.225 per month |
|
Out-of-Town Cheque Processing |
Rs.50 for up to Rs.10,000
Rs.100 for processing amounts between Rs.10,001 Rs.1 lakh, Rs.150 for cheque amounts exceeding Rs.1 lakh |
| Credit Card Replacement Fee (India and Abroad) |
Rs.100 |
| Currency Conversion Fee | 3.5% |
| Cash Payment at HSBC Branches | Rs.100 |
| Copy of Credit Information Report | Rs.50 |
Frequently Asked Questions (FAQs)
How can I apply for an HSBC credit card?
To apply for an HSBC credit card, you have a few simple options. You can visit www.hsbc.co.in/credit-cards/ and click on ‘Apply now’ for an online application. Alternatively, you may contact HSBC Phone Banking, and our representative can arrange a visit. Another option is to head to any HSBC branch in India. To find your nearest branch.
How do I check the status of my credit card application?
The bank will inform you about your application status through timely SMS alerts sent to the mobile number provided in your application form. Additionally, you can check the status by calling Phone Banking number in your city.
Will there be a foreign transaction fee for using my credit card overseas?
While your HSBC cards are internationally valid without extra charges at points of sale, a currency conversion charge will apply. Keep in mind that there is a transaction fee for cash withdrawals at ATMs abroad.
What is the annual fee for the HSBC Platinum credit card?
The annual fee for the HSBC Platinum credit card is RM240. However, this fee can be waived if you perform at least 12 transactions within the year.
What is the daily limit for the HSBC Platinum credit card?
For cash withdrawals at ATMs, the daily limit is $1,000 per account. When it comes to purchases and cash advances, you can withdraw up to the amount of available funds in your account, not exceeding the credit limit.
