HSBC offers a wide range of offerings, covering international and digital banking services
What you need to know about this credit card:
- Annual Fee: free
- Membership fee: free
- Financial Charge: 3.3% per month (39.6% per year) calculated from the date of the transaction
- Security: zero liability for card loss
Pros
- Economy: Zero membership and annual fees
- Cashback: 10% cashback up to INR 2,000 within the first 60 days of card issuance with minimum spend of INR 10,000
- Points: 2 reward points for every INR 150 spent
- Special Offer: Signup Bonus in Rupees
Cons:
- Minimum income: INR 400,000 per month
- Credit: a credit history analysis can be carried out
Why Choose HSBC for Your Credit Card?
Compared to HDFC Regalia, which offers similar reward points, HSBC Platinum tends to have a better points conversion rate.
ICICI Bank Coral also competes well in the points segment, but with a slightly narrower scope of rewards.
The SBI Card Elite, with its focus on entertainment and shopping, also offers good rewards, but often with significant limitations on redemption partners compared to HSBC Platinum.
Axis Bank Burgundy Private is very strong on banking and concierge benefits, but rewards points have less flexibility.
IndusInd Bank Platinum, although good, is less competitive compared to the variety and scope of benefits of HSBC Platinum.
HSBC Platinum: let’s get to know it a little better
How to apply for your HSBC Platinum
If you’re looking for a free lifetime credit card (no membership fee/annual fee), the HSBC Visa Platinum card could be a viable option for you.
Click the button below right now to find out more details.