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HSBC Cashback Credit Card

The HSBC Cashback Credit Card is a fantastic choice for those looking to maximize their savings on purchases. With no application costs and unlimited rewards on all transactions, it offers great value. This card is especially appealing to online shoppers, as it provides a generous 1.5% cashback on all online spends (excluding wallet uploads). Additionally, users can enjoy contactless payments through VISA Paywave technology and access exclusive benefits like complimentary lounge access and discounts from partner brands. If you want a credit card that offers excellent cashback rewards and additional perks, the HSBC Cashback Credit Card is worth considering.

Key Highlights of HSBC Cashback Credit Card

Features Details
Best for Cashback
Joining fee Nil
Annual membership fees Rs. 750
Cashback 1.5% cashback on online spends & 1% on others with no cap
Complimentary airport lounge access 3 visits at domestic & international lounges or 3 meal-vouchers at Indian airport restaurants
Annual income required At least Rs. 4,00,000 per annum (for salaried individuals)
Required age 18 to 65 years

Features and Benefits of HSBC Cashback Credit Card

1. Welcome Benefits:

  • Get an Amazon voucher worth Rs. 500.
  • Enjoy 3 free lounge access passes at domestic airports.

2. Movie & Dining:

  • Buy 1 movie ticket and get 1 free on Saturdays.
  • Get up to 15% off at more than 1,000 restaurants across major cities in India.

3. Rewards Rate:

  • Earn 1.5% cashback on online spends.
  • Get 1% cashback on all other purchases.

4. Reward Redemption:

  • The cashback will be credited within 45 days of the card’s statement date.

5. Insurance Benefits:

  • Avail insurance cover of Rs. 3,00,000 against any misuse of the card within 24 hours before reporting its loss.

6. Zero Liability Protection:

  • If your card is lost or stolen, you won’t be held liable for any fraudulent transactions if you report it to the bank within their specified time.

HSBC Cashback Credit Card Fees and Charges

  1. Joining Fee: None
  2. Renewal Fee: Rs. 750
  3. Spend based Waiver: If you spend Rs. 1,00,000 or more in the previous year, the renewal fee will be waived.
  4. Rewards Redemption Fee: None
  5. Foreign Currency Markup: 3.5% + GST on all foreign currency purchases
  6. Interest Rates: 3.49% per month (41.88% annually)
  7. Fuel Surcharge: 1% fuel surcharge on fuel purchases
  8. Cash Advance Charge: 2.5% of the withdrawn amount, with a minimum charge of Rs. 500.

HSBC Cashback Credit Card Eligibility

  1. Age: You should be between 18 and 65 years old.
  2. Income: You need to earn at least Rs. 4,00,000 annually.
  3. Occupation: You should have a salaried job.

Documents Required for HSBC Cashback Credit Card

To apply for the HSBC Cashback Credit Card, you’ll need the following documents:

  1. Identity/Address proof (e.g., Aadhar card, Voter card, etc.)
  2. PAN card/Form 60
  3. For salaried applicants: Salary slips, copy of their 3 months bank statement.

How to apply for HSBC Cashback Credit Card?

  1. Go to the official website of HSBC Bank (www.hsbc.co.in).
  2. Once on the website, navigate to the “Credit Cards” section to explore the available credit card options.
  3. Look for the HSBC Cashback Credit Card among the list of credit cards offered by HSBC Bank.
  4. Click on the HSBC Cashback Credit Card option and proceed to fill out the online application form. Provide the required personal and financial details accurately.
  5. As part of the application process, you may need to upload documents to support the information you provided in the application form. These documents may include identity proof, address proof, income proof, etc.
  6. After submitting the application and required documents, the bank will review your application, conduct verification checks, and assess your creditworthiness. If your application is approved, you will receive your HSBC Cashback Credit Card at the address you provided.

Frequently Asked Questions (FAQs)

1. What is the HSBC Cashback Credit Card?

The HSBC Cashback Credit Card is a rewards credit card that offers cashback on eligible transactions. It allows cardholders to earn a percentage of their spending back in the form of cash rewards.

2. How do I apply for the HSBC Cashback Credit Card?

You can apply for the HSBC Cashback Credit Card online through the official HSBC website or by visiting a local HSBC branch. Ensure you meet the eligibility criteria and have the necessary documents.

3. What are the eligibility criteria for the HSBC Cashback Credit Card?

Eligibility criteria may vary, but typically include age, income, and credit history requirements. Check the specific criteria on the HSBC website or contact their customer service for details.

4. How does the cashback feature work?

The cashback feature allows you to earn a percentage of your eligible spending back as cash rewards. The exact cashback rates and eligible spending categories can be found in the card’s terms and conditions.

5. Are there any annual fees associated with the HSBC Cashback Credit Card?

Check the latest fee structure on the HSBC website or contact their customer service for information on annual fees, as these may vary based on the card variant and promotions.

6. Can I use the HSBC Cashback Credit Card internationally?

Yes, the HSBC Cashback Credit Card is generally accepted worldwide. However, be aware of any foreign transaction fees that may apply when using the card abroad.

7. How can I redeem my cashback rewards?

Redemption methods may vary, but commonly, you can redeem cashback rewards through the online banking portal, mobile app, or by contacting HSBC customer service. Check the redemption options in the terms and conditions.

8. Is there a minimum spend requirement to earn cashback?

Some cashback credit cards may have a minimum spend requirement to qualify for cashback rewards. Review the terms and conditions of the HSBC Cashback Credit Card to understand any such requirements.

9. What happens if I miss a payment on my HSBC Cashback Credit Card?

Missing a payment may result in late fees and interest charges. It could also impact your credit score. Contact HSBC customer service immediately if you encounter difficulties to discuss potential solutions.

10. How can I check my cashback balance?

You can typically check your cashback balance through the HSBC online banking portal or mobile app. Alternatively, you may receive cashback information on your monthly credit card statement.