Unlock Rewards with HSBC Visa Platinum Credit Card

Overview of the HSBC Visa Platinum Credit Card

The HSBC Visa Platinum Credit Card is an excellent choice for those seeking a lifetime free credit card that offers a wide array of benefits without the burden of joining or annual fees. This card is particularly well-suited for individuals who frequently engage in shopping and dining activities, as it provides attractive rewards and discounts in these categories.

To be eligible for the HSBC Visa Platinum Credit Card, applicants must meet the following criteria:

Age between 18 and 65 years old
Minimum annual income of Rs 4 lakh (for salaried individuals)
Indian residents residing in specific cities such as Chennai, Gurgaon, Delhi NCR, and others

It's important to note that the card carries a finance charge of 3.49% per month (41.88% per annum), a cash withdrawal fee of 2.5% of the transaction amount (minimum Rs 500), and a foreign currency markup of 3.5%. With its appealing features and benefits, the HSBC Visa Platinum Credit Card is an attractive option for many consumers.

Benefits & Features of the HSBC Visa Platinum Credit Card

The HSBC Visa Platinum Credit Card offers a range of enticing benefits and features that make it an attractive choice for cardholders.

Welcome Benefits

When you apply for the HSBC Visa Platinum Credit Card online and complete the video KYC process, you'll receive an Amazon e-gift voucher worth Rs 250. Additionally, by spending at least Rs 5,000 within the first 30 days of card activation and downloading and logging into the HSBC India Mobile App, you'll be eligible for a cashback offer of Rs 500.

Other Benefits

The HSBC Visa Platinum Credit Card offers a multitude of other benefits, including:

Reward Points:
- Earn 2 reward points for every Rs 150 spent using the card
- Earn 5X reward points (up to 15,000 accelerated points) on purchases made after spending Rs 4 lakh in a year
Cashback Offers:
- Enjoy up to 10% cashback on food and 1.5% cashback on other spends until 31st August 2024
Fuel Surcharge Waiver: Save up to Rs 3,000 annually through fuel surcharge waivers
Air Miles Conversion: Convert reward points into air miles with leading airlines such as Air India's Flying Returns, Etihad Airways, British Airways, and Singapore Airlines
Movie & Dining Benefits:
- Take advantage of a 'Buy 1 Get 1 Free' offer on movie ticket bookings on Saturdays through BookMyShow
- Enjoy up to 15% dining discounts via EazyDiner
Zero Liability Protection: Benefit from insurance coverage up to Rs 3 lakh for any misuse of the card 24 hours before it is reported lost
Balance Transfer Facility: Transfer outstanding balances from other bank credit cards to the HSBC Visa Platinum Credit Card and repay in easy monthly installments at lower interest rates
Emergency Card Replacement: Get an emergency card issued within three days anywhere in the world if the original card is lost.
Google Pay Integration: Use Google Pay for quick, secure, and simple UPI payments online or offline through the HSBC credit card.
Exclusive Discounts and Offers: Enjoy exclusive access to discounts with select partners and merchants

Key Highlights of the HSBC Visa Platinum Credit Card

Joining Fees and Annual/Renewal Fees are both nil, making it an attractive option for those looking to avoid upfront costs.
As a welcome benefit, you can receive a Rs 250 e-gift voucher when applying online and verifying through video.
Earn reward points at a rate of 2 points for every Rs 150 spent, with the opportunity to earn 5 times (5X) the points (up to 15,000 accelerated points) after spending Rs 4 lakh in a year.
Enjoy cashback offers such as up to 10% cashback on food and 1.5% cashback on other spends until 31st August 2024.
Save up to Rs 3,000 every year through the fuel surcharge waiver at all fuel stations in India.
Redeem reward points for air miles with leading airlines or as vouchers across various categories.
Additional benefits include Buy 1 Get 1 offer on movie ticket bookings via BookMyShow, up to 15% dining discounts via EazyDiner, and zero liability with up to Rs 3 lakh insurance cover in case of a lost card.

The HSBC Visa Platinum Credit Card also offers a balance transfer facility and emergency card replacement, making it a versatile choice for cardholders.

Fees and Charges of the HSBC Visa Platinum Credit Card

Fee Type	Amount
Joining Fees	Nil
Annual/Renewal Fees	Nil
Fuel Surcharge Waiver	1% at all fuel stations in India
Cash Advance Charges	2.5% of the advance amount or Rs. 500, whichever is higher
Interest Rates	3.49% per month (41.88% per annum)
Foreign Currency Markup	3.50% on all international spends

As shown in the table above, the HSBC Visa Platinum Credit Card has no joining or annual fees, making it accessible to a wide range of users. However, it's essential to be aware of the interest rates and other charges that may apply.

Eligibility of the HSBC Visa Platinum Credit Card

While specific income criteria are not detailed in the sources provided, this card is generally suitable for salaried individuals.
A good credit history is often necessary for approval, though exact criteria may vary.
The card is available for residents of India.
To receive the welcome benefits, applicants must apply online and verify themselves through video.

For more detailed eligibility criteria, it is advisable to check directly with HSBC Bank or their official website.

Card Activation Process

Activating your HSBC Visa Platinum Credit Card is a simple and hassle-free process. You can choose from several convenient methods to get your card up and running in no time:
- Phone Activation: Call the dedicated activation hotline at 1860 108 7788 and follow the automated prompts or speak with a customer service representative. Keep your card details handy to provide when requested.
- Mobile Banking App: Log into your HSBC mobile banking app, navigate to the "Manage Card" section, select "Activate Card," choose the card you want to activate, and confirm the activation.
- Online Banking: Sign into your HSBC online banking account, go to the card management section, select the option to activate your card, and follow the prompts to complete the process.
Once you've completed the activation process, your HSBC Visa Platinum Credit Card will be immediately ready for use, allowing you to start making purchases and earning valuable reward points.

How to Redeem the Points

As you use your HSBC Visa Platinum Credit Card for various transactions, you'll accumulate reward points based on the amount and type of purchase. Here's how you can redeem those hard-earned points:

Check Your Points Balance: Keep track of your accumulated reward points by checking your balance through the HSBC mobile banking app, online banking portal, or by contacting HSBC customer service.
Explore Redemption Options: HSBC offers a wide range of redemption options, including gift vouchers, air miles, hotel stays, and merchandise. Log into your online banking account or use the mobile app to browse the available rewards.
Select Your Reward: Once you've found the reward you want, select it and follow the instructions to complete the redemption process. If you prefer to convert your points to air miles or other loyalty programs, choose the relevant option during redemption.
Enjoy Your Reward: After successfully redeeming your points, you'll receive your chosen reward, whether it's a gift voucher, air miles, or any other offering.

Remember to regularly check the HSBC website or mobile app for updates and new redemption options. If you encounter any issues during the redemption process, don't hesitate to reach out to HSBC customer service for assistance.