HSBC RuPay Platinum Credit Card
Fees
₹0 (Lifetime Free)
Joining & annual
Reward Rate
2 reward points per ₹150 spent, instantly convertible to airline miles and hotel loyalty points via the HSBC mobile app
Welcome Bonus
₹500 cashback for downloading the HSBC app, logging in, and spending ₹5,000 within 30 days of card issuance, plus a ₹250 Amazon eGift voucher, 2-month EazyDiner membership, and a separate ₹250 UPI-linking cashback
Lounge
No Lounge Access
Our Expert Take
The HSBC RuPay Platinum Credit Card offers 1.5% cashback on RuPay UPI merchant QR payments and online shopping with annual fee of ₹499 + Taxes waived on ₹1 Lakh spend.
Pros & Cons
Key Advantages
- Lifetime free — no joining fee, no annual fee
- 2 reward points per ₹150 spent, instantly convertible to airline miles and hotel loyalty points
- ₹500 cashback for downloading the HSBC app, logging in, and spending ₹5,000 within 30 days
- Additional welcome offers: ₹250 Amazon eGift voucher, 2-month EazyDiner membership, ₹250 UPI-linking cashback
- JCB network access for ATMs and payments in 160+ countries
Limitations
- No airport lounge access included
- Reward point value depends on airline/hotel transfer partner chosen, not a fixed cashback rate
- Fuel surcharge waiver capped at ₹3,000/year
Key Perks & Spending Milestones
2 reward points per ₹150 spent on all transactions, instantly convertible to airline miles and hotel loyalty points via the app
Link card to UPI apps (Google Pay, PhonePe, Paytm) for RuPay UPI merchant payments, earning reward points on those transactions too
1% fuel surcharge waiver on transactions, capped at ₹3,000/year
10% discount with District by Zomato (dining, activities, shopping, cinema)
10% off Swiggy Instamart orders (minimum ₹500, capped at ₹200 discount)
Up to ₹6,000 in discounts on Cleartrip flights and hotels
5% off Paytm bill payments (capped at ₹150 discount)
Zero liability on lost card after reporting
Spend milestone
Annual fee waived on retail spends of ₹1 Lakh in a membership year
Fees & Charges
Joining fee
₹0 (Lifetime Free)
Annual fee
₹0 (Lifetime Free)
Interest rate
3.3% per month (39.6% per annum)
Late payment fee
- Up to ₹500
- Nil
- ₹501 to ₹1,000
- ₹500
- ₹1,001 to ₹5,000
- ₹600
- ₹5,001 to ₹10,000
- ₹750
- ₹10,001 to ₹25,000
- ₹900
- ₹25,001 to ₹50,000
- ₹1,100
- Above ₹50,000
- ₹1,300
Insurance & Protection Benefits
air accident cover
Nil
lost card liability
Up to ₹1 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹20,000 per month
self employed ITR
₹5 Lakh per annum
age
18 to 65 years
Credit score & income
Good (720+)
Frequently Asked Questions
What's the reward rate on HSBC RuPay Platinum?
Does HSBC RuPay Platinum have an annual fee?
What's the welcome bonus on this card?
Does HSBC RuPay Platinum offer lounge access?
Compare HSBC RuPay Platinum Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| HSBC RuPay Platinum Credit Card This Card | ₹0 (Lifetime Free) | 2 reward points per ₹150 spent, instantly convertible to airline... | No Lounge Access | 4.3/5 |
| 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 |