HSBC Cashback Credit Card

While a standard credit card allows you to make online purchases on a credit i.e. with payment obligations saved for later, things are slightly different when an HSBC cashback credit card is used. This credit card offers a lot more than what meets the eye and even allows you to get significant cashback on online purchases, in addition to the existing credit card deals.

In the subsequent sections, we shall discuss the nooks and crannies of the HSBC cash back credit card, whilst exploring the diverse aspects of the same.

Before we discuss the perks at length, it is necessary to note that you can procure unlimited cashback with this handy financial tool. Apart from that, you can also explore an entire sea of financial possibilities with this credit card, including:

• Airport lounge access & restaurant voucher: As an HSBC credit card holder, you can enjoy two airport lounge access benefits at both domestic and international airports. You have an option between lounge access or two meal vouchers worth ₹400 at airport restaurants. 

• Swiggy welcome voucher: You can get a discount voucher on Swiggy of 20% off on orders worth ₹200 or more. The card also offers a voucher worth ₹250 redeemable within 60 days from card issuance.

• Cashback on shopping: Each time you use your credit card to make a purchase online, you will be given a cashback of at least 1.5%.  On offline and other shopping, you can enjoy 1% cashback. Even if you make purchases on EMI, you will be eligible for cashback.

• Amazon discount: As an HSBC Cashback credit card holder, you are given a 5% discount on all purchases amounting to ₹1,000 or more on Amazon. Another welcome perk includes a voucher of ₹250 on Amazon on a transaction of ₹500 or more.

• Dine-out discount: Users of the HSBC Cashback credit card can make use of a 15% discount at more than 1,000 partner restaurants within the country.

• Milestone benefits: The annual card free on the HSBC Cashback credit card is waived off if you spend more than ₹1 Lakh during the year.

• Insurance benefits: You need not bear any liability in case the credit card is lost. You may also receive insurance benefits worth ₹3 Lakhs for 24 hours before reporting the loss of the card. No matter your location, your card will be replaced by HSBC Bank within 3 days of loss.

Before committing to any credit card, it is essential that you learn all about the charges and fees to avoid any unpleasant surprises later on. Like most top credit cards, the HSBC Cashback credit card also comes with a set of pretty standard charges and fees like annual fees, joining fees, minimum payment fee, etc. 

Refer to the table below for a better understanding of all the fees and charges associated with the HSBC Cashback credit card:

HSBC cashback credit card rewards are quite standard and in line with expectations. While we already talked about the 1.5 per cent transactional cash back for online purchases, the credit card doesn’t let you go empty-handed for offline payments and even offers 1 per cent cashback, every time you use the card for making standard, run-of-the-mill payments.

Also, unlike cashback cards offered by other banks, HSBC cashback credit card doesn’t restrict cashback accumulation and offers unlimited cashback support, regardless of the transactions you make.

The HSBC Bank Cashback credit card limit is decided by the bank based on several factors, such as credit history, credit score, etc. Once you submit your credit card application, the bank would verify your data and assign a suitable card limit. The same would be communicated to you when assigning the requested card.

Considering the fact that you are already convinced by the diverse perks offered by this cashback credit card, you might even want to apply. However, before putting forth an application, you must fulfil the eligibility criteria, which require you to be an Indian citizen. As far as the age goes, you must fall between 18 years to 70 years. Also, if you consider adding an applicant, the individual must be at least 15 years old. Plus, you must have a decent credit score and credit profile to further strengthen the chances of getting approved.

In order to apply for a HSBC Cashback credit card, you will be required to submit a number of documents. Keeping these handy at the time of application can make the process smooth for you. 

Although the following list is indicative, it includes most of the documentation the bank might ask of you. However, based on your individual requirements, you may be asked to submit additional documents. 

Here’s what you’ll need:

• Proof of identity: This includes documents like driver’s licence, Aadhaar card and passport

• Proof of address: This includes documents such as Aadhaar card, passport, voter ID and ration card

• Proof of income: IT returns, salary slips and Form 16 are included in this category

Now that you are ready to apply, you must note that you can only place an application by heading over to HSBC’s official website. As the card and the requisite application support aren’t available at the Bajaj Markets, you are better off heading over to the official website of the bank and applying, as directed over there.

However, to make the HSBC credit card application a seamless process, you must keep address, identity, and income proof handy, which might include but aren’t limited to Aadhaar card, ration card, passport, salar slips, Form 16, and even IT returns.

The HSBC Cashback credit card comes with access to a range of cashback offers and discounts. If you tend to shop, order in or travel a lot, this card has a lot of attractive offers in store for you. You can claim amazing cashback offers without any caps on cashback from Amazon, Zomato, Myntra, Ajio, Swiggy and even at airport lounges and restaurants. Yes, you should apply for it if you are a regular online shopper.

If you want to make your HSBC credit card bill payment online, you can do so easily through your net banking account or mobile banking app. You can also pay your HSBC credit card bill through National Electronic Fund Transfer (NEFT), UPI, or PayU payment service. If you have a Visa credit card, you can make the HSBC credit card payment through Visa Money Transfer. Alternatively, you can use the HSBC BillDesk Portal- http://billdesk.com/hsbccard/, Electronic Clearing System (ECS), or set up standing instructions in your bank account.

Offline, you can clear your credit card dues through cheque, cash, PhoneBanking, or by using your debit card at an ATM.

You might want to connect to customer care for checking the status of your HSBC cashback credit card or for getting clarification regarding the charges, fees, and the EMIs. However, the process is as simple as it can get as you simply need to call on the HSBC Credit card customer care number, provide the required credentials, and get the problems cleared.

Getting an HSBC cashback credit card is like getting a flexible financial tool in your hand. However, you must first get your credit profile in order to get the same approved, in the first place. Once approved, dispatched, and delivered, you can use it in any way you desire, provided you adhere to the diverse credit card usage rules and guidelines.