HSBC India
HSBC RuPay Platinum Credit Card
Data last verified: 11 October 2026
- Joining feeFree
- Annual feeFree
- Reward rate1.33% on most spends; 8% only at partner merchants
Takes you straight to the application. We earn a commission if you are approved, and you pay nothing extra.
- Joining feeFree
- Annual feeFree
- Lifetime freeYes
- Forex markup3.5%
- Interest (APR)3.75% a month, 45% a year
- Fuel surcharge waiver1%
- Fuel waiver cap₹250 a month
01HSBC RuPay Platinum Credit Card Rewards and Benefits
02HSBC RuPay Platinum Credit Card Annual Fee and Charges
- Joining fee
- Lifetime free
- Annual fee
- Lifetime free
- Spend-based waiver
- None
- Rewards redemption fee
- Nil
- Forex markup
- 3.5%
- Interest rate
- 3.75% a month (45% a year)
- Fuel surcharge waiver
- No
- Card replacement
- Not published
03What It's Worth, in Rupees
If you spend ₹20,000 a month on this card:
- ₹20,000 on everything else, earning 1.33%₹266
- Back each month, ₹3,192 a year₹266
- In your pocket each year₹3,192
Worked out from this card's reward rates, caps and fee in our data; a rate limited to named merchants is not counted here. Your own spending will differ: see what this card is worth at your spend.
Good for
- Travel only at HSBC Travel with Points · hotels: 8% back, up to ₹18,000 a month
- Travel only at HSBC Travel with Points · flights: 5.33% back, up to ₹18,000 a month
- Anyone who wants no annual fee, ever
Skip it if…
- most of your spending is fuel, utility bills, rent or insurance: those earn nothing on this card
- you rarely spend on HSBC Travel with Points · hotels: the 8% rate applies only there, everything else earns 1.33%
- you often pay in foreign currency: 3.5% is added to every foreign spend
- you sometimes pay only the minimum due: interest of 3.75% a month (45% a year) outweighs any reward
04How HSBC RuPay Platinum Credit Card earns Rewards
1.33% on most spends; 8% only at partner merchants.
| Spend category | Rate | Monthly cap | Where it applies |
|---|---|---|---|
| UPI payments (scan and pay) | 1.33% | No cap | The card's normal rate |
| Online shopping | 1.33% | No cap | The card's normal rate |
| Dining and food delivery | 1.33% | No cap | The card's normal rate |
| Groceries | 1.33% | No cap | The card's normal rate |
| Travel: flights, hotels, trains | 1.33% | No cap | Anywhere else in the category |
| Travel: flights, hotels, trains, only at listed merchants | 8% | ₹18,000, shared with other bonus rates | Only at: HSBC Travel with Points · hotelsTerms: Hotels via HSBC's Travel with Points portal earn 6X, 12 pts/₹150, ~8% at ₹1/pt (2:1 Accor); cap 18,000 accelerated pts a month SHARED with flights, base points uncapped |
| Travel: flights, hotels, trains, only at listed merchants | 5.33% | ₹18,000, shared with other bonus rates | Only at: HSBC Travel with Points · flightsTerms: Flights via HSBC's Travel with Points portal earn 4X, 8 pts/₹150, ~5.3% at ₹1/pt; cap 18,000 accelerated pts a month SHARED with hotels; ₹300 domestic/₹700 international convenience fee per leg |
| Fuel | Earns nothing | - | earns nothing on this card |
| Bills and recharges | Earns nothing | - | earns nothing on this card |
| Rent | Earns nothing | - | earns nothing on this card |
| Insurance premiums | Earns nothing | - | earns nothing on this card |
| School and college fees | Earns nothing | - | earns nothing on this card |
| Wallet top-ups | Earns nothing | - | earns nothing on this card |
| Taxes and government payments | Earns nothing | - | earns nothing on this card |
| Spend abroad or in a foreign currency | 1.33% | No cap | The card's normal rate |
| Everything else | 1.33% | No cap | The card's normal rate |
Terms on the base rate. 2 reward points per ₹150 (~1.33 RP/₹100, ~0.33% if cashed out, ~1.33% at the best-extractable 2:1 Accor ALL transfer ≈ ₹1/pt); the same partner table as the fee-charging HSBC cards, on a lifetime-free card
05HSBC RuPay Platinum Credit Card Travel Benefits
Spending abroad carries a 3.5% forex markup; rewards on it: 1.33% back (the normal rate). See what it costs on your trip
Also on the card. movie ticket offers.
- Movie ticket offers: Buy-one-get-one movie tickets via District by Zomato (partner offer)
06HSBC RuPay Platinum Credit Card Eligibility and Documents
- Age
- 18 to 65 years
- Employment
- Salaried or self-employed
- Minimum monthly income
- ₹50,000
Documents. PAN card Aadhaar / address proof Income proof (salary slips or ITR)
07Recent Changes
What HSBC India changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| Jul 2025 | Changed: HSBC launches its first RuPay credit cards | - | Lifetime-free RuPay Platinum on the JCB network, UPI-linked, 2 reward points per ₹150 |
See this card's change history → · All card changes in July 2025 →
08Cards Similar to HSBC RuPay Platinum Credit Card
HSBC RuPay Platinum Credit Card is a travel card. The two below are the closest on SkyloFin; open any of them, or put them side by side.
| Feature | HSBC RuPay Platinum Credit Card |  Federal Scapia Credit card |  IDFC FIRST Millennia Credit Card |
|---|---|---|---|
| Joining fee | Lifetime free | Lifetime free | Lifetime free |
| Annual fee | Lifetime free | Lifetime free | Lifetime free |
| Rewards | 1.33% on most spends; 8% only at partner merchants | 2% on most spends; 4% only at partner merchants | 0.38% base, up to 1.25% on dining |
| Domestic lounge | Not included | Unlimited | Not included |
| Forex markup | 3.5% | 0% | 0% |
| Type | Travel | Travel | Dining |
09Explore More
Card facts last verified 11 October 2026.
Card data sourced via CardAdvisor.in, India Credit Card Facts, CC BY 4.0, adapted by SkyloFin.
Never Miss Your HSBC RuPay Platinum Credit Card Bill
The SkyloFin app reads your bank's bill SMS, reminds you before the due date and marks the bill paid when you pay. Free on Android, and your data stays on your phone.
Common Questions
What is the joining fee for the HSBC RuPay Platinum Credit Card?
The joining fee is Free. Check the bank's page before you apply, because fees change and promotional waivers come and go.
What is the annual fee for the HSBC RuPay Platinum Credit Card?
The annual fee is Free.
Does applying through SkyloFin cost more?
No. You pay the same fees you would pay applying directly with HSBC India. We earn a commission from the bank when someone applies through our link, and that is how the site is funded.
SkyloFin is not a bank and does not approve applications. Fees, rewards and eligibility rules are set by the provider and can change without notice. Always read the terms on the provider's site before you apply.
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