BankingKaro

Compare Credit Cards, Loans, Insurance - Apply Online

HSBC Smart Value Credit Card

The HSBC Smart Value Credit Card is a fantastic choice for those seeking lifestyle privileges and rewards on their everyday transactions. With no joining fee, this entry-level credit card offers accelerated reward points and attractive welcome benefits, including free vouchers and instant cashbacks. It’s a perfect card for anyone looking to earn excellent rewards, discounts, and cashback while enjoying the convenience of a credit card without worrying about additional fees.

Key Highlights of HSBC Smart Value Credit Card

Features Details
Best for Rewards, cashback & lounge access
Joining fee  Nil
Annual fee Nil
Rewards 3X rewards on online, dining & telecom categories
Cashback 10% cashback of up to Rs. 1,000
Complimentary airport lounge access 3 complimentary visits at domestic & international lounges or 3 meal vouchers for the use at airport restaurants in India
Welcome gifts Amazon voucher worth Rs. 500 & Swiggy voucher worth Rs. 250
Minimum income Rs. 3 Lakhs per annum
Minimum age 18 years

Features and Benefits of HSBC Smart Value Credit Card

1. 10% cashback:

  • Get 10% cashback on all transactions made within the first 30 days of card issuance, up to a maximum of INR 1,000.
  • The cashback will be credited within 60 days after 60 days from card issuance.

2. Attractive instalment plans:

  • Avail instalment plans at 10.99% per annum for EMI products booked within the first 90 days of card issuance.
  • This applies to loan on phone and balance transfer on EMI.

3. Dynamic Finance Charge interest rates:

  • Interest rates starting from 3.49% per month, going down to 1.99% per month based on credit history and repayment behavior.

4. 3X rewards:

  • Earn 3 times rewards on online, dining, and telecom categories.
  • You can earn up to 1,000 incremental Reward Points per month.

5. Fuel surcharge savings:

  • Save up to INR 3,000 annually on fuel surcharge.

6. Welcome privileges:

  • New credit card customers can enjoy welcome privileges on transactions of a minimum of INR 2,500 within 30 days of card issuance.
  • These include Amazon voucher (worth INR 500), Swiggy voucher (worth INR 250), and 3 complimentary airport lounge accesses.

7. Rewards program:

  • Earn 1 reward point for every INR 100 spent.
  • The points can be redeemed for gifts and vouchers from the rewards catalogue.
  • The reward points are valid for 2 years.

8. Dynamic Annualized Percentage Rate (APR):

  • The interest rate on the card varies based on your risk profile, starting from 3.49% per month and going down to 1.99% per month.

9. Low-interest EMI options:

  • Use your HSBC Credit Card for convenient EMI options such as Cash-on-EMI, Balance Transfer, Loan-on-phone, and Balance Conversion at lower interest rates.

HSBC Smart Value Credit Card Fees and Charges

  • No Joining Fee
  • No Renewal Fee
  • Rs. 50 for each Rewards Redemption
  • 3.5% Foreign Currency Markup on international transactions
  • 1% Fuel Surcharge waiver on fuel transactions
  • Cash Advance Charge: 2.5% of withdrawn amount (minimum Rs. 500)

HSBC Smart Value Credit Card Eligibility

  • You must be a resident of India.
  • Your age should be between 18 years and 65 years.
  • You should be a salaried individual.

Documents Required for HSBC Smart Value Credit Card

  1. Proof of identity
  2. Residence proof
  3. PAN card or Form 60
  4. For Salaried Employees:
  • Salary slip or employment certificate.
  • Latest copy of pay slip.
  • Last 3 months bank statements showing salary credits.

How to apply for HSBC Smart Value Credit Card?

  1. Visit the official website of HSBC Bank.
  2. Click on the ‘Credit Cards’ section under ‘Banking.’
  3. Find the ‘HSBC Smart Value Credit Card’ and scroll down to it.
  4. Click on ‘Apply Now.’
  5. Enter your basic details like name, mobile number, email, etc.
  6. Provide your personal and employment details.
  7. Review the application.
  8. Submit the application.

Frequently Asked Questions (FAQs)

1. What is the HSBC Smart Value Credit Card?
The HSBC Smart Value Credit Card is a financial product offered by HSBC, designed to provide cardholders with various benefits, rewards, and exclusive privileges. It is tailored to meet the spending needs of individuals looking for value-added features.

2. How can I apply for the HSBC Smart Value Credit Card?
You can apply for the HSBC Smart Value Credit Card online through the official HSBC website or by visiting a nearby HSBC branch. The application process typically involves filling out an online form, submitting necessary documents, and meeting the eligibility criteria.

3. What are the eligibility criteria for the HSBC Smart Value Credit Card?
Eligibility criteria may vary, but generally, applicants need to meet age requirements, have a stable income, and possess a good credit history. Specific criteria can be found on the HSBC website or by contacting their customer service.

4. What are the key features of the HSBC Smart Value Credit Card?
Key features include cashback rewards, discounts on dining, shopping, and entertainment, as well as access to exclusive promotions. The card may also offer zero lost card liability and contactless payment options.

5. How does the cashback reward system work?
The cashback reward system allows cardholders to earn a percentage of their spending back as cashback. The specific cashback rates, eligible categories, and redemption options can be found in the card’s terms and conditions.

6. Are there any annual fees associated with the HSBC Smart Value Credit Card?
Details regarding annual fees, renewal fees, and other charges can be found in the card’s terms and conditions. It’s advisable to review these thoroughly before applying.

7. Can I use the HSBC Smart Value Credit Card internationally?
Yes, the HSBC Smart Value Credit Card is generally accepted internationally. However, it’s recommended to inform HSBC about your travel plans to ensure uninterrupted usage and to check for any foreign transaction fees.

8. How can I check my HSBC Smart Value Credit Card balance?
Cardholders can check their credit card balance through the HSBC online banking portal, mobile app, or by contacting the HSBC customer service hotline.

9. What should I do if my HSBC Smart Value Credit Card is lost or stolen?
In case of loss or theft, contact HSBC customer service immediately to report the incident. HSBC will then guide you through the necessary steps, including blocking the card and issuing a replacement.

10. How can I redeem the rewards earned with my HSBC Smart Value Credit Card?
Redemption methods vary and can include options such as cash credits, vouchers, or merchandise. The specific redemption process and available options can be found on the HSBC website or by contacting customer service.