HSBC RuPay Cashback Credit Card
Fees
1st Year Fee: ₹499* Plus Applicable Taxes
Joining & annual
Reward Rate
10% cashback on dining, grocery, and food delivery spends; 1% cashback on other eligible spends, including UPI transactions; Cashback is capped at ₹400 per month
Welcome Bonus
₹500 cashback upon downloading and logging into the HSBC India mobile banking app and spending ₹10,000 within 30 days of card issuance (applicable till 31 Mar 2026); Complimentary 2-month EazyDiner Prime membership on card activation (if activated between 15 July 2025 and 31 Mar 2026)
Lounge
2 Domestic/Qtr + 2 International/yr
Our Expert Take
HSBC RuPay Cashback earns 10% on dining, groceries and food delivery and 1% elsewhere including UPI, capped at ₹400 a month in total. It also includes 2 domestic lounge visits a quarter, 2 international a year, and zero forex markup until December 2026.
Reward limits
Checked 3 Oct 2026 · Bank terms
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10% on dining, food delivery and grocery, and 1% elsewhere (total)
Max ₹400 per month
No rewards on: Fuel, e-wallets, rent, B2B, education, government, insurance, jewellery, gambling, tolls, cash, money transfers, wholesale clubs, hospitals
Where this card earns most
Paying directly in the app or site · 1% on other spends
Pros & Cons
Key Advantages
- 10% cashback on dining, groceries and food delivery
- 1% cashback on UPI payments via the RuPay network
- Zero forex markup until 31 December 2026
- Cashback credited directly to your statement, no point conversion needed
- Fee waived on ₹2 lakh in annual spend
Limitations
- Tight monthly billing cycle cashback earning cap strictly limited to a maximum of ₹400
- Completely excludes all international and foreign currency spends from earning any cashback value back
- Extensive list of day-to-day transaction exclusions (fuel, utilities, insurance, rent, wallet top-ups, education, and govt fees) that yield zero cashback returns
Key Perks & Spending Milestones
10% cashback generated automatically on dining purchases, grocery shopping, and online food delivery platforms
1% cashback accrued across all other standard eligible retail transactions, explicitly including RuPay merchant UPI transactions
Total cumulative monthly cashback yields are subject to a strict ceiling cap of ₹400 per month
2 complimentary domestic airport lounge terminal access visits per calendar quarter
2 complimentary international airport lounge terminal access visits per calendar year globally under the JCB network
0% forex markup on foreign currency spends until 31 December 2026
Cleartrip Travel Discounts: 12% off up to ₹1,600 on domestic flights (MOV ₹6,000), 10% off up to ₹6,000 on international flights (MOV ₹15,000), and 20% off up to ₹5,000 on hotel bookings (MOV ₹5,000) using active card parameters till 31 Mar 2026
Paytm Utility Discounts: 5% off up to ₹150 on mobile, broadband, DTH, water, gas, electricity bills, and FASTag recharges on a minimum transaction of ₹299 using promo code HSBCRUPAY (applicable once till 30 Jun 2026)
Spend milestone
Spend above ₹2,00,000 within the card anniversary year to smoothly trigger a 100% waiver/reversal of the ₹499 annual maintenance fee for the subsequent cycle
Fees & Charges
Joining fee
1st Year Fee: ₹499* Plus Applicable Taxes
Annual fee
1st Year Fee: ₹499* Plus Applicable Taxes
Annual fee waived on spending more than ₹2,00,000 (₹2 Lakh) in a year
Interest rate
3.75% per month (45% per annum)
Insurance & Protection Benefits
Eligibility Criteria
age
21 to 65 years
employment profiles
Salaried and Self-Employed Profiles (income aligned with standard HSBC benchmarks); excludes fuel, rent, utilities, insurance, government fees, education, wallet reloads & cash advances from cashback
Credit score & income
Good (700+)
Frequently Asked Questions
What's the cashback rate on HSBC RuPay Cashback Credit Card?
Does this card offer lounge access?
Compare HSBC RuPay Cashback Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| HSBC RuPay Cashback Credit Card This Card | 1st Year Fee: ₹499* Plus Applicable Taxes | 10% cashback on dining, grocery, and food delivery spends; 1%... | 2 Domestic/Qtr + 2 International/yr | 3.0/5 |
| Cashback SBI Credit Card | ₹999 + Taxes | 5% cashback on online spends, capped ₹2,000/statement cycle; 1%... | No Lounge Access | 4.7/5 |
| KIWI UPI RuPay Credit Card | Free | Up to 5% cashback on UPI spends via Kiwi Neon program (1.5% base... | Domestic (Neon Spend Milestones) | 4.7/5 |
| Axis Bank ACE Credit Card | ₹499 + Taxes | 5% cashback on Google Pay utilities; 4% on Swiggy, Zomato & Ola;... | 4 Domestic/yr | 4.6/5 |