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HSBC Cashback Credit Card can be the card of choice for those who are fond of shopping online, as it gives you a high cashback of 10% on grocery, food delivery and dining spends and 1.5% on all other spends. HSBC Cashback Credit Card welcomes you with exclusive benefits, such as a gift voucher from Amazon. Since it’s a cashback card, you don’t have to worry about the redemption of rewards like you have to do in the case of reward points-based cards. The cashback is automatically credited back within 45 days of the card statement date.

You also get complimentary domestic lounge access with this credit card. Keep on reading more to learn more about the HSBC Cashback Credit Card.

HSBC Cashback Credit Card
(4.6/5)

Fees

Joining Fee

Rs. 999 + GST

Renewal Fee

Rs. 999 + GST

Best Suited For

Shopping |

Reward Type

Cashback |

Welcome Benefits

Amazon voucher worth Rs. 1,000 on transaction of Rs. 10,000 in the first 30 days

Movie & Dining

Buy 1 Get 1 Free offer on movies on Saturdays & Up to 15% discount at over 1,000 restaurants across major cities in India.

Rewards Rate

Cashback of 1.5%on online spends and 1% cashback on all other spends.

Reward Redemption

The cashback is credited back within 45 days of the card's statement date.

Travel

NA

Golf

NA

Domestic Lounge Access

4 complimentary domestic lounge access per annum (one each quarter)

International Lounge Access

NA

Insurance Benefits

Insurance cover worth Rs. 3,00,000 against misuse of the card from up to 24 hours prior to the time of reporting the loss of card.

Zero Liability Protection

No liability of the cardholder against any deceitful transaction in case of loss or theft of the card is the same is reported to the bank within the time prescribed by the bank.

Spend Based Waiver

Renewal fee waived on expenditure of Rs. 2,00,000 in the previous year

Rewards Redemption Fee

Nil

Rewards Redemption Fee

Nil

Foreign Currency Markup

3.5% + GST on all foreign currency spends

Interest Rates

3.49% per month (41.88% annually)

Fuel Surcharge

1% fuel surcharge is applicable

Cash Advance Charges

2.5% of the withdrawn amount, subject to a minimum amount of Rs. 500.

Add-on Card Fee

Nil

  • 10% accelerated cashback on grocery, food delivery and dining spends. 
  • 1.5% unlimited cashback on all other transactions (few exceptions).
  • Buy 2 get 1 free offer on movies through BookMyShow.
  • Rs. 1,000 Amazon voucher as a welcome benefit. 
  • Support for contactless payment with VISA  wave technology.

HSBC Cashback Credit Card Features and Rewards

Welcome Benefit

On making a transaction worth Rs. 10,000 within the first 30 days of card issuance, you get the following welcome gifts:

  • A gift voucher from Amazon worth Rs. 1,000 on spends of Rs. 10,000 in the first 30 days of card issuance.

HSBC Cashback Credit Card Cashback

The Cashback Credit Card by HSBC rewards you in the form of cashback. This cashback is credited back within 45 days of the card statement date. You get:

  • 10% accelerated cashback on dining, grocery and food delivery spends. Maximum cap of Rs. 1,000 per statement cycle. 
  • 1.5% unlimited cashback on all other transactions.
  • Cashback will not be awarded for fuel, insurance, rentals, wallet reloads, education, government transactions, and jewellery spends.

Dining & Movie Benefit

  • Purchase 2 movie tickets and get 1 free while booking through BookMyShow on Saturdays. You can book movie tickets for any day of the week.
  • The maximum price of the free movie ticket is Rs. 250. 
  • Get 30% off on EazyDiner with this credit card. 

Complimentary Domestic Lounge Access

With the HSBC Cashback Credit Card, you get four free visits to domestic lounges across India (1 each quarter).

Insurance Benefits

An insurance cover worth Rs. 3,00,000 against misuse of the card up to 24 hours prior to the time of reporting the loss of the card in partnership with ICICI Lombard General Insurance.

HSBC Cashback Credit Card Eligibility

In order to be eligible for this credit card, you must fulfil the following criteria:

  • Age between 18 and 65 years.
  • Should be earning a minimum of Rs. 4,00,000 per annum (for salaried individuals).
  • A resident of any of the following cities: Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, New Delhi, Noida, and Pune.

Documents Required

You will need the following documents while applying for the card:

  • An identity/address proof like Aadhaar card, Voter card, etc
  • PAN card/Form 60.
  • A copy of the front of your existing credit card (if you have any).
  • Salaried applicants need to submit their salary slips and a copy of their three months bank statement.

How to Apply for an HSBC Cashback Credit Card?

You can apply for HSBC credit cards with Card Insider. Simply click on the Apply Now button appearing on your screen. Alternatively, you can call HSBC phone banking, and they will get to you as soon as possible. You can also visit your nearest HSBC branch with the required documents and apply for the card offline.

Customer Care

In case you need any assistance or to report the loss of a card, you may contact HSBC’s customer care at 18002673456 or 18001212208. These are toll-free numbers and are functional for general inquiries from 6:30 a.m. to 8:40 p.m. However, you can report the loss of card 24×7 on any of these numbers.

HSBC Cashback Credit Card Review

If online shopping accounts for a large majority of your credit card spends, this card is certainly worth considering. Also, you don’t have to worry about reward redemption, as the cashback amount is automatically credited back within 45 days of the statement date. This makes things easier as you don’t have to be tied to specific brands for reward redemption. 

This cashback credit card is especially suited for individuals who frequently make spends on dining, grocery and food delivery as you would get 10% cashback on them. Great cashback, complimentary domestic lounge access and a welcome benefit worth Rs. 1,000 are the main features of this card. Please let us know your opinion of this card in the comment section. Also, if you’re an existing cardholder, feel free to share your experience.

FAQs:

The cashback amount is automatically credited back within 45 days of the card statement date.
Yes, you get an insurance cover of up to Rs. 3,00,000 against any unauthorized use of the card up to 24 hours prior to reporting the loss of card.
No, this is not a reward points based card. You only get cashback on your online/offline spends credited within 45 days of the card's statement date.
Yes, this card supports contactless payments with Visa Paywave. No PIN is required for transactions of up to Rs. 5,000
Yes, you can get add-on card(s) and no fee is chargeable for the same.
Yes, you do get cashback on EMI transactions as well.
No. You can earn unlimited cashback (there is no upper limit).
HSBC Cashback Credit Card

HSBC Cashback Credit Card

(4.6/5)

2 Comments

  1. Abhishek chatterjee Reply

    HSBC Cashback Credit Card is now devalue –

    1.5% Cashback is not eligible on select categories such as Fuel, Rental, Govt. Transactions, E-wallets, Insurance, Education, B2B Goods and Services, Jewelry, Charity, Toll fees, Cash Advances, Payment of outstanding balances, payment of card fees and other card charges.

    Joining and Renewal Fee: There will be a joining fee of only ₹999 (not applicable to existing customers). There will also be a renewal fee of ₹999, which will be waived upon reaching a spend milestone of ₹200,000 in a year.

    Please note that these changes will come into effect for your existing credit card from 26-Aug-2023.

  2. Kartik Kanwar Reply

    It’s best to remember that only people who reside in tier 1 cities can apply for this card. You shall only be eligible for this card if you live in Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, New Delhi, Noida, and Pune.

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