HSBC Visa Platinum Credit Card
Fees
Free
Joining & annual
1st year freeReward Rate
2 reward points per ₹150; 5X reward points on milestone spends
Welcome Bonus
₹500 Amazon Gift Voucher + 500 bonus reward points on card activation
Lounge
No Lounge Access
Our Expert Take
The HSBC Visa Platinum Credit Card is a lifetime free credit card with zero annual fee, 2 reward points per ₹150 spend, and fuel surcharge waivers.
Pros & Cons
Key Advantages
- Lifetime free credit card with ₹0 joining fee and ₹0 annual fee
- 5X reward points on spending above ₹4,000,000 milestone
- 1% fuel surcharge waiver across all fuel pumps
- Complimentary Amazon gift voucher welcome benefit
Limitations
- Base reward rate of 2 points per ₹150 is low
- No airport lounge access included
- Reward point redemption options limited compared to premium cards
Key Perks & Spending Milestones
2 reward points per ₹150 spent on all retail transactions
5X reward points on spends after crossing annual milestone
1% fuel surcharge waiver on transactions between ₹400 and ₹4,000
Zero lost card liability protection
Up to 50 days of interest-free credit period
Spend milestone
5X reward points on retail spends post achieving annual threshold
Fees & Charges
Joining fee
Free
Annual fee
Free 1st year free
No annual or joining fee charged
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 ₹3 Lakh
purchase protection
Nil
emergency medical cover
Nil
Eligibility Criteria
salaried minimum income
₹20,000 per month
self employed ITR
₹4 Lakh per annum
age
18 to 65 years
Credit score & income
Good (720+)
Frequently Asked Questions
What's the reward rate on HSBC Visa Platinum?
Does this card have an annual fee?
Does HSBC Visa Platinum offer lounge access?
Compare HSBC Visa Platinum Credit Card With Similar Cards
| Card | Annual Fee | Reward Rate | Lounge Access | Rating |
|---|---|---|---|---|
| HSBC Visa Platinum Credit Card This Card | Free | 2 reward points per ₹150; 5X reward points on milestone spends | 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 |