HSBC Visa Platinum Credit Card Review
Travel card
The HSBC Visa Platinum is lifetime free (no joining or annual fee). It earns 0.33% back on regular spends and up to 2% on HSBC Travel with Points. Best for: no-fee users who book travel via the hsbc portal — our verdict: consider.
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A lifetime-free entry card whose appeal is uncapped 6X portal travel earning (best value ₹1/point), a ₹4 Lakh-triggered 5X accelerator and fuel perks, with a near-empty exclusion list. The ₹0.25 base point value and lack of lounge access keep everyday returns modest, but zero cost makes it low-risk.
Travel card
The Bottom Line
The HSBC Visa Platinum is built for no-fee portal traveller and high-spend milestone chaser. With no annual fee, it offers 1.67% rewards on other and 2,000 bonus points. It makes the most sense if your spending matches no-fee portal traveller and high-spend milestone chaser.
It earns a base reward rate of 0.33% and stacks best when your spending lines up with No-fee portal traveller, High-spend milestone chaser.
Who Should Get This Card
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Best fit for
IdealThose wanting a lifetime-free card with uncapped 6X portal travel earning (₹1 best value) and Visa Signature perks at zero cost.
Spenders who cross ₹4 Lakh annually to unlock the 5X accelerator on subsequent spends up to ₹10 Lakh.
Probably not for
SkipDespite its travel positioning, the card offers no complimentary lounge access.
At ₹0.25 base point value the off-portal return is only ~0.33%.
Is It Worth It For You?
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Reward Rates
HSBC Visa Platinum offers 0.33% basic reward rate.
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Welcome Offer
2,000 Reward Points on downloading and logging into the HSBC India Mobile Banking app and spending at least INR 5,000 within 30 days. 2-month complimentary EazyDiner membership on card activation. Voucher worth up to INR 500 (Amazon Pay/Zomato/Swiggy) on activating the card with a single transaction. INR 250 Amazon eGift Card (valid 6 months) for online applications completed with Video KYC.
Milestone Benefits
On crossing INR 4,00,000 in cumulative annual spends, earn 5X Reward Points (10 per INR 150) on subsequent purchases up to a cumulative spend ceiling of INR 10,00,000 within 12 months of card set-up.
Fees & Charges
Eligibility
- Min Income: ₹6 Lakhs
- Lifetime free card; age 18-65; min annual income Rs 4L salaried; resident of select Indian cities; 20 transfer partners at 2:1 ratio.
Exclusions & Terms
Forex markup
- Foreign currency markup
Instant EMI (IEMI) Transactions
- Reward points are not applicable on credit card Instant EMI transactions. If an EMI is cancelled or pre-closed, reward points/cashback on the transaction are not reinstated.
Frequently Asked Questions
7 data-backed answers from our card database
Ready to apply?
No annual fee. Apply on the HSBC website.
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