LOANS

INSURANCE

INVESTMENTS

CARDS

eStore

Discover

MY OFFERS

CUSTOMER PORTAL

ABOUT US

CONTACT US

Fast Processing ✓ Great Discounts & Offers ✓ Easy EMI Facility | Apply for Credit Card now!

What is HSBC Cashback Credit Card?

**Disclaimer: HSBC is not a Bajaj Markets partner. Offers would be from partner Banks/NBFCs only.

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.

HSBC Cashback Credit Card Features and Benefits

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:

1. 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. 

2. 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.

3. 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.

4. 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.

5. 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.

6. 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.

7. 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.

HSBC Cashback Credit Card Fees & Charges

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:

Type of fee or charge

Amount/Time period

Annual Fee

₹750, which is waived off in case of spends exceeding ₹1 Lakh in a year

Joining Fee

₹0

Free Credit Period

45 days from the day of purchase

Add-on Card Annual Fee

₹0

Finance Charges 

3.3% per month

Duplicate Statement Charge

₹100

Cheque Dishonour Charge 

₹450

Out-of-town Cheque Processing Fee 

₹0

Cash Advance Limit

2.5% of the total transaction amount. The minimum amount is ₹300

Cash Withdrawal Transaction Fee

₹100 at international ATMs

Over Limit Fee

₹500 per month

Late Payment Fee

50% of the minimum payment due. A minimum amount of ₹400 and maximum amount of ₹750 each month

Sales Slip Retrieval Fee

₹225 each month

Minimum Payment Due

5% of the total amount with minimum amount of ₹100

 

HSBC Cashback Credit Card Rewards

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.

HSBC Cashback Credit Card Limit

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.

HSBC Cashback Credit Card Eligibility Criteria

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.

HSBC Cashback Credit Card Documents Requirement

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:

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

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

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

How to Apply for an HSBC Cashback Credit Card?

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 Finserv 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.

Should You Get HSBC Cashback Credit Card?

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.

HSBC Cashback Credit Card Payment

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.

How to Connect with the HSBC Cashback Credit Card Customer Care?

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.

About HSBC Credit Cards

HSBC & Other Credit Cards at Finserv MARKETS

About Credit Cards

Credit Cards at Finserv MARKETS & More

Related to Credit Cards

Resource Centre

Frequently Asked Questions

✔️What is HSBC Cashback Credit Card?

HSBC cashback credit card is a handy financial instrument that doesn’t only let you make online transactions but also helps get significant cashback for each payment made.  

✔️What are the benefits of an HSBC Cashback Credit Card?

While HSBC Cash Back credit card comes with several benefits, the most important ones include lounge access, a 15 percent dining discount at select restaurants, and insurance benefits.  

✔️Is HSBC Cashback Credit Card Free?

Yes, this cashback credit card is free of any joining fee and even the small annual fee can be waived off in case the transactions exceed the given threshold.

✔️In how many days will I receive my HSBC Cashback Credit Card?

The HSBC Cashback credit card is dispatched within 7 working days of application approval. It’s important to remember that after the application and relevant documents are received, it takes three weeks to process them before approval or rejection. 

✔️If I use my card outside the country, would there be a foreign transaction fee?

No, the HSBC Cashback credit card does not levy any charges on foreign transactions. However, the bank will charge the conversion rate applicable to the currency of the country whether the transaction is taking place.  

✔️How can I find out if my credit card application has been approved?

After you have submitted your credit card application, HSBC will send you alerts regarding the status of your application on your registered mobile number. If your application is approved, you will receive a text message informing you about the same.

 

You can also call HSBC Bank’s customer helpline to find out more about the status of your credit card. In India , you can call 1860 108 7788 or 1860 500 2277.

✔️What is the difference between a credit card and cash back credit card?

Regular credit cards reward you with points or miles with various different methods to redeem them. Cashback credit cards, on the other hand, credit your account with a small percentage of the total amount spent on purchasing.

✔️How can I redeem HSBC Cashback?

Technically, there is no need to redeem rewards on the HSBC cashback credit card because the card holder’s account is automatically credited with the percentage of the cashback on various types of online purchases.