HSBC had been teasing a “big” announcement for quite some time, and many expected a lucrative Accor transfer bonus or another travel-focused promotion. Instead, the bank has surprised cardholders by launching a new spend-based rewards campaign under the HSBC Spend Fest 2026.
The promotion offers customers the opportunity to earn rewards worth up to ₹4 lakh, depending on their eligible spends during the campaign period. Interestingly, HSBC has introduced two separate Spend Fest offers, one exclusively for HSBC Premier and HSBC Taj Credit Card holders, and another for all other eligible HSBC Credit Cards (excluding HSBC Prive). Both campaigns are valid from 9 July 2026 to 9 August 2026.
Standard HSBC Credit Cards Spend Offer
The following cards are eligible under the standard Spend Fest offer:
- HSBC TravelOne Credit Card
- HSBC Live+ Credit Card
- HSBC Visa Platinum Credit Card
- HSBC RuPay Platinum Credit Card
- HSBC RuPay Cashback Credit Card
| Net Eligible Spend | Reward |
| ₹50 Lakh | Rewards worth ₹4,00,000 (₹1.5 lakh Croma/Reliance Digital Voucher + ₹2.5 lakh MakeMyTrip Voucher) |
| ₹8 Lakh | ₹15,000 MakeMyTrip Voucher |
| ₹4 Lakh | ₹7,500 Amazon Voucher |
| ₹2.5 Lakh | ₹4,000 Amazon Voucher |
Only the highest reward slab will be awarded. Rewards are not cumulative.
HSBC Premier & Taj Credit Cards Spend Offer
Separate reward slabs apply to these two premium cards.
| Net Eligible Spend | Reward |
| ₹50 Lakh | Rewards worth ₹4,00,000 (₹1.5 lakh Croma/Reliance Digital Voucher + ₹2.5 lakh MakeMyTrip Voucher) |
| ₹25 Lakh | ₹1.5 lakh Croma/Reliance Digital Voucher |
| ₹10 Lakh | ₹17,000 Croma/Reliance Digital Voucher |
| ₹5 Lakh | ₹8,000 Amazon Voucher |
Transactions Not Eligible
The following transactions will not be counted towards the spending requirement:
- Utility payments
- Income tax payments
- Insurance payments
- Fuel transactions
- Jewellery purchases
- Wallet loading
- Cash on EMI
- Balance Transfer
- Money transfers
- Financial institution transactions
- Real estate payments
- Gambling transactions
- Passenger railway transactions
- Home improvement supply transactions
- Collection agency payments
Important Terms & Conditions
Before planning your spends, keep these points in mind:
- Offer valid only for Indian resident HSBC Credit Card holders.
- Corporate Credit Cards are not eligible.
- Minimum payment due must be cleared.
- Card account should remain active until reward fulfillment.
- Only one reward slab can be earned.
- Add-on card spends will be added to the primary cardholder’s spends.
- Spending across multiple HSBC Credit Cards cannot be combined.
- Net eligible spend is calculated after deducting refunds and reversals.
Bottom Line
HSBC Spend Fest 2026 offers attractive milestone rewards, especially for cardholders planning large purchases. While the top reward of ₹4 lakh requires an exceptionally high spend of ₹50 lakh, the lower slabs of ₹2.5 lakh to ₹10 lakh may be achievable for customers making business purchases, travel bookings, or other planned high-value transactions.
However, customers should note that several popular spending categories, including tax payments, insurance premiums, fuel, wallet loads, and utility bill payments, are excluded from eligible spends. Registration is also mandatory, and only the highest applicable reward will be awarded.