HSBC India
HSBC Visa 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
The HSBC Visa Platinum is a simple, no-fee card. You earn 2 reward points for every Rs 150 you spend, and points can earn more when redeemed through HSBC's Travel with Points portal. It also gives a buy one get one offer on BookMyShow movie tickets on Saturdays, plus a fuel surcharge waiver.
There is no joining or annual fee, so the card costs nothing to hold. That makes it a sensible second card or a low-risk first card with a well-known bank.
It suits people who want an HSBC relationship and a free card for everyday spends and weekend movies. The honest catch is that it has no lounge access and the 3.5% forex fee makes it a poor pick for travel abroad.
Best for: First-time HSBC customers, Weekend movie goers, People wanting a free backup card.
01HSBC Visa Platinum Credit Card Rewards and Benefits
02HSBC Visa 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
- Yes, up to ₹250 a month
- 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 pay mostly by UPI: a Visa or Mastercard card cannot pay by UPI
- 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
04Product Details
- Lifetime free, no joining or annual fee
- 2 reward points per ₹150 spent
- Buy one get one on BookMyShow movie tickets on Saturdays
- Fuel surcharge waiver
- 3.5% forex markup
05Pros and Cons
Pros
- No fees for life
- Regular movie savings
- Simple reward structure
Cons
- No airport lounge access
- 3.5% forex fee
- Few category bonuses
06How HSBC Visa 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) | Earns nothing | - | a Visa or Mastercard card cannot pay by UPI |
| 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% at ₹1/point via 2:1 Accor transfer; ~0.33% as cash)
07HSBC Visa 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. ott subscription, fuel surcharge waiver.
- OTT subscription: Complimentary 12-month Times Prime subscription via Visa Signature privileges
- Fuel surcharge waiver: ₹250 cashback on contactless fuel purchases in each quarter you spend ₹10,000 on the card, a quarterly gate (not annual), worth up to ₹1,000 a year; separate from the 1% fuel surcharge waiver
08HSBC Visa 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)
09Recent Changes
What HSBC India changed on this card recently. The facts on this page already reflect them.
| Date | Change | Before | Now |
|---|---|---|---|
| 31 Aug 2026 | Reduced: 3-month Swiggy One welcome membership endsSource: HSBC India | Complimentary 3-month Swiggy One membership on activating the card within 30 days, alongside 12-month Times Prime | Swiggy One offer ended; 12-month Times Prime remains |
| 1 Sept 2025 | Changed: Card moved to Visa Signature with lifestyle benefits | Visa Platinum platform, no bundled memberships | Visa Signature platform + 1-year Times Prime, MakeMyTrip perks and tap-to-pay fuel cashback |
| 31 Aug 2025 | Reduced: Accelerated 5X milestone reward withdrawn | 5X reward points (per ₹150) once annual spends cross ₹4 lakh | Accelerated 5X milestone bonus discontinued |
| 14 May 2025 | Changed: HSBC revamps rewards programme with 20 transfer partnersSource: HSBC India | Points redeemable for merchandise, vouchers and limited airmiles conversion | Points transfer to 20 airline and hotel partners (15 airlines + 5 hotels) at 2:1, tracked in-app |
See this card's change history → · All card changes in August 2026 →
10Cards Similar to HSBC Visa Platinum Credit Card
HSBC Visa 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 Visa 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 |
11Explore 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.
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Common Questions
Is the HSBC Visa Platinum card free?
Yes. It has no joining fee and no annual fee.
How many points do I earn?
2 reward points for every ₹150 you spend on eligible purchases.
Does it offer movie discounts?
Yes, a buy one get one offer on BookMyShow tickets booked on Saturdays.
Who can apply?
Applicants aged 18 to 65 can apply, subject to HSBC's checks.
What is the joining fee for the HSBC Visa 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 Visa 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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Guides in Plain Words
Short reads that explain how it works before you decide.
- GuidesBest Credit Cards Under ₹500 a Year in India (2026)Credit cards with an annual fee of ₹500 or less (before GST) in 2026, ranked by the reward rate each bank states, with fee waivers.Read the guide →
GuidesNo-Cost EMI: What It Really Costs You, With a Worked ExampleNo-cost EMI is not a trick, but it is rarely free. Here is where the money goes: the discount you give up, the processing fee, and GST on the interest, worked out on a Rs 30,000 phone.Read the guide →- GuidesBest Online Shopping Credit Cards in India (2026)The credit cards that pay the most back on online shopping in 2026, which sites count, the monthly cap and the annual fee.Read the guide →
