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HSBC Bank has come up with an exclusive offer in partnership with the mobile payments app Paytm. Under this offer, HSBC credit cardholders can earn cashback on adding money to their Paytm wallet. The offer is applicable for all HSBC credit cardholders and is valid from 21st December 2021 to 31st December 2021.
See Also: Paytm Launches 5 Credit Cards in Collaboration with HDFC Bank
HSBC Paytm Cashback Offer Details
Under this offer, all HSBC credit cardholders will earn a cashback of 2.5% on adding money to their Paytm wallet. A minimum transaction amount of Rs. 3,000 is required to avail of the offer benefit and the maximum cashback that can be earned under this offer is capped at Rs. 150.
| The Offer | Earn 2.5% cashback on adding money to Paytm wallet |
| Max capping on cashback | Rs. 150 during the entire offer period |
| Min transaction amount required | Rs. 3,000 |
| Offer validity | 21st December to 31st December 2021 |
How to avail the offer?
The offer is automatically activated on all HSBC credit cards– no promo code is required. All HSBC credit cardholders will earn cashback on adding a minimum of Rs. 3,000 (in a single transaction) to their Paytm wallet.
Offer Terms and Conditions
- The offer is applicable on all HSBC credit cards and is activated automatically.
- The offer is applicable only on the first eligible transaction made with an HSBC credit card (i.e. the offer benefit can be availed of only once).
- The offer shall not be applicable if the amount is added to the Paytm wallet during an ongoing merchant payment.
- A cardholder can avail of the offer benefit only if they have completed a minimum KYC on their Paytm account.
- The cashback earned under the offer shall be posted on the credit card account latest by 31st January 2022.
Bottom Line
This offer by HSBC Bank is really rewarding if you use Paytm wallet for online transactions as you can earn a cashback of up to 2.5% (Rs. 150 against Rs. 6,000 added to Paytm wallet). It is worth noting that Paytm has also recently launched Paytm Wallet Card on the RuPay payment platform that you can use for making payments at any merchant that accepts Rupay cards. So you can effectively earn a cashback of Rs. 150 on your HSBC credit card without spending even a single penny, as the amount added to the Paytm wallet can always be used almost anywhere with the Paytm wallet RuPay card.
