HSBC Visa Platinum Credit Card

Name: HSBC Visa Platinum Credit Card
Brand: HSBC
Availability: InStock
Rating: 3.5 (1 reviews)

Overview

HSBC's Visa Platinum is one of the few lifetime free credit cards that still gives you genuine travel redemption options. Every ₹150 you spend earns 2 reward points, and those points convert directly into air miles with airlines like Air India, British Airways, Singapore Airlines, and Etihad. You can also transfer them to hotel loyalty programmes including Marriott, IHG, Accor, Shangri-La, and Wyndham. For a card with no fee at all, that is an unusually strong travel conversion lineup.The Travel with Points portal boosts your earn rate up to 6x on hotels, flights, and car rentals booked through HSBC's platform. This makes the card noticeably more rewarding if you channel travel bookings through the portal rather than booking directly. Gift card redemption is also available for those who prefer immediate value from their points.Visa Signature benefits are a nice bonus at this price point. You get a complimentary 12-month Times Prime subscription (which bundles Discovery+, JioHotstar, and Uber One), 2 free flight seat selections per year on MakeMyTrip, and 15% hotel cashback on MakeMyTrip bookings. The fuel benefits are practical too: a surcharge waiver of up to ₹250 per month on fuel transactions between ₹400 and ₹4,000, plus ₹250 cashback each quarter when you tap and pay for fuel.Eligibility is straightforward: 18 to 65 years old, Indian resident, ₹6 lakh annual income for salaried applicants, and residence in one of 18 eligible cities. HSBC also throws in zero liability insurance up to ₹3 lakh for card misuse, emergency card replacement worldwide, and balance transfer options at lower interest rates. The welcome offer gives you 2,000 reward points for spending ₹5,000 in 30 days, a 3-month Swiggy One membership, and an ₹250 Amazon eGift Card for online applicants who complete Video KYC.

Pros

↑Lifetime free with zero joining and zero annual fee, so every reward point you earn is pure profit
↑Air miles conversion with 15 airlines and hotel loyalty transfers with 5 global chains, rare for a free card
↑Visa Signature perks include 12-month Times Prime subscription and MakeMyTrip hotel cashback at no extra cost

Cons

↓Base earn rate of 2 points per ₹150 is modest, and there are no accelerated categories for dining, grocery, or online shopping
↓No airport lounge access despite being positioned as a travel rewards card
↓Limited to 18 cities for eligibility, and HSBC has fewer branches than major Indian banks for in-person support

Key Highlights

Welcome Offer
2,000 points + Swiggy One + ₹250 Amazon Gift Card
Spend ₹5,000 in first 30 days for 2,000 points
3-month Swiggy One after card activation
₹250 Amazon eGift Card on online VKYC application
All three benefits available together

Reward Rate
2 points per ₹150, up to 6x on travel portal
Base earn: 2 reward points per ₹150 spent
Up to 6x points on Travel with Points portal
Convert to air miles with 15 airlines
Transfer to 5 hotel loyalty programmes

Minimum Salary
₹6 lakh annual income (salaried), 18-65 years
Indian resident aged 18 to 65 years
Salaried: ₹6 lakh minimum annual income
Must reside in one of 18 eligible cities
PAN card and address proof required

Joining Fee
₹0 (lifetime free)
Zero joining fee
Zero annual fee
No spend conditions for fee waiver
Truly lifetime free card

Annual Fee
₹0 (no annual fee ever)
Annual fee is zero permanently
No minimum spend needed to keep the card free
No hidden renewal charges

Why Choose?
Visa Signature with Times Prime and MakeMyTrip
12-month Times Prime subscription included
2 free MakeMyTrip flight seat selections per year
15% MakeMyTrip hotel cashback
Bicester Collection shopping privileges

Key Benefits

Fuel

★4.0

▼

Fuel surcharge waiver of up to ₹250 per month
Applies on fuel transactions between ₹400 and ₹4,000
₹250 cashback per quarter on contactless fuel payments
Contactless fuel cashback valid on spends up to ₹10,000 per quarter
Must use physical card with tap and pay for cashback benefit

Lifestyle

★3.5

▼

Complimentary 12-month Times Prime subscription included
Times Prime bundles Discovery+, JioHotstar, Uber One, and more
Bicester Collection eVIP pass discounts at luxury shopping villages
HSBC credit card partner offers and discounts
Balance transfer facility at lower interest rates

Reward Points

★4.0

▼

2 reward points earned for every ₹150 spent on the card
Up to 6x points on hotels, flights, and car rentals via Travel with Points
Convert points to air miles with 15 airlines including Air India, British Airways, Singapore Airlines, Etihad
Transfer points to hotel loyalty programmes: Marriott, IHG, Accor, Shangri-La, Wyndham
Redeem points for gift cards across food, entertainment, and fashion brands

Shopping

★3.0

▼

Reward points redeemable for gift cards across multiple brands
No category-specific accelerated earn rates for online or offline shopping
Instant EMI conversion available for purchases
Cash-on-EMI facility for borrowing against credit limit
Standard 2 points per ₹150 on all retail spending

Travel

★3.5

▼

Air miles conversion with 15 airlines via HSBC mobile app
Hotel loyalty point transfers with 5 global chains
2 free MakeMyTrip flight seat selections annually (Visa Signature perk)
15% cashback on MakeMyTrip hotel bookings in India
No airport lounge access included with this card

Detailed Information

Joining Fee	No joining fee
Annual Fee	No annual fee
Annual Fee Waiver	Not applicable (lifetime free card)
Monthly Percentage Rate	3.49%
Annual Percentage Rate	41.88%
Minimum Monthly Payment	5% of outstanding or ₹200, whichever is higher
Foreign Currency Markup	3.5%
Late Payment Charges	Up to ₹1,300 based on outstanding balance
Overlimit Charges	2.5% of overlimit amount
Cash Advance Fee	2.5% of amount (min ₹500)
Balance Transfer Fee	Processing fee applicable per transfer
Fee For Supplementary Card	Not specified
Card Replacement Fee	₹100 to ₹200
Fee For Duplicate Statement	₹50 per statement
Fee For Cheque Bounce	₹500

Age Requirement Salaried	18-65 years
Age Requirement Self Employed	18-65 years
Minimum Annual Income Salaried	₹6 lakh per annum
Minimum Annual Income Self Employed	Not specified
Minimum Credit Score	750+

Identity Proof	PAN Card (mandatory) Aadhaar Card Passport Voter ID
Address Proof	Aadhaar Card Passport Utility Bill (recent) Bank Statement
Income Proof Salaried	Latest salary slip Bank statements showing salary credit Form 16 or ITR
Income Proof Self Employed	Latest 2 years ITR Latest 6 months bank statement Business proof documents

Frequently Asked Questions

There is no annual fee. The card is lifetime free with zero joining fee and zero annual fee. You do not need to meet any spending threshold to keep it free.

You earn 2 reward points for every ₹150 you spend on the card. Points accumulate on all retail purchases. You can also earn up to 6x points when booking through the Travel with Points portal.

Yes. You can instantly convert reward points to air miles with 15 airlines through the HSBC India mobile banking app. Partner airlines include Air India, British Airways, Singapore Airlines, and Etihad Airways, among others.

You can transfer reward points to hotel loyalty programmes with Accor, IHG, Marriott, Shangri-La, and Wyndham. The conversion happens instantly through the HSBC India mobile app.

Travel with Points is HSBC's travel booking portal where you earn up to 6x reward points on hotels, flights, and car rentals. You book and pay through the portal, and the multiplied points get credited to your account.

You get two fuel benefits. First, a surcharge waiver of up to ₹250 per month on fuel transactions between ₹400 and ₹4,000. Second, ₹250 cashback per quarter when you tap and pay for fuel with the physical card, on contactless spends up to ₹10,000 per quarter.

Visa Signature perks include a complimentary 12-month Times Prime subscription (bundles Discovery+, JioHotstar, Uber One), 2 free flight seat selections per year on MakeMyTrip domestic flights, and 15% cashback on MakeMyTrip hotel bookings in India.

The welcome offer has three parts: 2,000 reward points when you spend ₹5,000 in the first 30 days and log into the HSBC mobile app, a complimentary 3-month Swiggy One membership on card activation, and an ₹250 Amazon eGift Card for completing online application with Video KYC.

Salaried applicants need a minimum annual income of ₹6 lakh. You also need to be an Indian resident between 18 and 65 years old, living in one of 18 eligible cities.

You must reside in one of these 18 cities: Chennai, Gurgaon, Delhi NCR, Pune, Noida, Hyderabad, Mumbai, Bengaluru, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, Kolkata, Amritsar, Baroda, Indore, or Lucknow.

You must be between 18 and 65 years old to apply for this card. Indian citizenship is also required.

You need a copy of your latest salary slip (if salaried), proof of residence, identity proof, and your PAN card. HSBC accepts Aadhaar, passport, or voter ID as identity documents.

No. The HSBC Visa Platinum Credit Card does not include airport lounge access. If lounge access is important to you, consider the HSBC Premier Credit Card instead.

You get insurance coverage of up to ₹3 lakh for any misuse of your card. This covers unauthorized transactions made from 24 hours before you reported the card as lost or stolen.

Yes. You can transfer outstanding balances from other credit cards to your HSBC Platinum card and repay in monthly instalments at a lower interest rate. Processing fee applies.

HSBC provides emergency card replacement anywhere in the world. If you lose your card at home or abroad, cancel it and HSBC will issue an emergency replacement card.

Yes. HSBC provides an Instant EMI facility that lets you convert eligible purchases into monthly instalments. You can also use Cash-on-EMI to borrow cash and repay in easy monthly payments.

Yes. The card supports Visa contactless (tap and pay) technology. You can also link it to Google Pay for mobile contactless payments at supported terminals.

The Times Prime subscription is a Visa Signature perk and needs to be activated separately. Terms and conditions defined by Visa apply, and the benefit may change based on Visa's programme updates.

Book a domestic flight on MakeMyTrip and use the promo code VISAFREESEAT during checkout. You get 2 free seat selections per year. Pay with your HSBC Visa Platinum card to activate the benefit.

Book a hotel stay in India on MakeMyTrip and use the promo code VISASIGNATURE at checkout. You get 15% cashback credited to your MakeMyTrip Wallet under 'My Cash'. Pay with your HSBC Visa Platinum card.

You get access to eVIP pass discounts and sale events at The Bicester Collection luxury shopping villages. To use this, you must physically be at a village with your card and register as a member of their loyalty programme.

The monthly interest rate is 3.49% (approximately 41.88% annualised). Interest is charged on the outstanding balance if you do not pay the full amount by the due date. Always pay your bill in full to avoid finance charges.

International transactions carry a markup of approximately 3.5% on the transaction amount. This is standard for most credit cards in India and applies to purchases made in any foreign currency.

The Visa Platinum focuses on travel rewards with air miles and hotel loyalty transfers, while the Live+ is built for cashback on dining, shopping, and entertainment. Both are lifetime free cards. Choose Platinum if you value travel redemptions, and Live+ if you prefer direct cashback.

Overview

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Key Highlights

Key Benefits

Detailed Information

Frequently Asked Questions

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