The HSBC Visa Platinum credit card offers a combination of rewards, travel benefits, and a lifetime fee waiver, making it an attractive option for some people.
Card Type: Rewards
charge:
- Joining Fee: Nil (No Fees)
- Annual Fee: Nil (No Fee)
award:
-
Earnings:
- 2 Reward Points for every Rs 150 spent on all retail purchases.
- Instant Rewards: Up to 5 times more rewards points (10 points per Rs 150) on spends above Rs 4 lakh in a year (maximum 15,000 Instant Points per year).
- Bonus points for specific categories.
- Up to 5 points per Rs 100 spent on MakeMyTrip bookings.
-
Prize Redemption:
- Exchange accumulated points for various choices, among which is the option labeled
- travel tickets
- Business
- gift voucher
- Statement Credit
- Reward points can be redeemed by combining them with other eligible HSBC credit cards.
- Validity of Reward Points: 3 years from the date of earning.
- Exchange accumulated points for various choices, among which is the option labeled
benefits:
- Facility:
- Widely accepted by Visa merchants worldwide.
- Online Application Process.
- Manage your card and track spending through HSBC’s mobile app.
- Travel benefits:
- Air miles conversion options with programs such as InterMiles, British Airways, and Singapore Airlines (details are subject to change).
- Annual savings of up to Rs 3,000 on fuel surcharge waiver (details subject to change).
- Shopping offers and discounts with partner brands (details subject to change).
Eligibility:
- Pan Card
- Aadhar Card
- Income Proof (400000) Above
Additional Points:
- This card offers a good balance of rewards on everyday spending and potential benefits for travelers.
- The instant rewards program may be attractive to higher spenders.
- To determine if a rewards program suits your needs,
Pros and cons
Benefit:
- No Annual Fee: This is a budget-friendly option compared to cards with annual fees.
- Reasonable Rewards Rate: You get 150 reward points on every Rs.150 spent.
- Rewards Flexibility: You can redeem the card’s reward points on travel statement credits etc.
- Travel benefits:
- You will also get a fuel surcharge waiver with the card
- Wide Acceptance: Visa and MasterCard are widely accepted by merchants all over the world.
- Security: The card also gives you the benefit of zero-loss
- Convenience: You can repay credit card through the mobile app
Shortcoming:
- The Instant Rewards program has a spending limit: People who spend more than Rs 4 lakh in a year
overall:
If this card can prove to be good for you
- Individuals who want a no-fee card with good rewards on everyday spending.
- Those who travel occasionally can avail of air mile conversion or fuel surcharge waiver.
- People who value convenience in online application and mobile app management.
Please Read Our other credit card reviews
- Standard Chartered Platinum Rewards Card
- IndusInd Platinum RuPay Credit Card
- Amazon Pay ICICI Credit Card
- HSBC Cashback Credit Card
Disclaimer:
If there is any change, small or big, in any benefits or fees of the card, we will not take any responsibility for this because we have obtained the information about the card from the internet and website.
