HSBC Visa Platinum Credit Card
HSBC India · Open to apply
HSBC's lifetime-free rewards card: 2 reward points per ₹150 (about 1.33 per ₹100), points that transfer 2:1 to Air India, KrisFlyer, British Airways and other programmes, a fuel surcharge waiver and Visa Signature perks. No joining or annual fee.
- Annual fee
- Lifetime free
- Joining fee
- None
- Base rate
- All other spends, 2 points per ₹150: 2 HSBC reward points per ₹150 (about 1.41% at cash value)
- Lounges
- None on record
- Forex markup
- 3.5%
- Data
- From bank documents, checked 6 Nov 2026
Earns nothing on
- No points on utilities, tax, rent, money transfer, jewellery, insurance, fuel, wallets, cash, education and government
- No points on Instant EMI
Where the sources disagree
- reward point expiry: The Rewards Marketplace T&C says points are valid "for 3 years ... starting from the end of the calendar month in which you earned them" and the introductory offer T&C says three years; the Platinum service guide describes a rolling expiry by card-membership year (points earned in the first year expire at the end of the third year of membership). We use the Rewards T&C, the newer document.
Terms the calculator does not value
- Points are valued only through airline and hotel transfers (2 points to 1 mile on most programmes). Gift cards, Apple products and Travel with Points have no published ₹ value per point on this card; with no cash-like option, the calculator values the points at our transfer value in every mode.
- Travel with Points (HSBC's Hopper-run booking portal in the app) pays 8 points per ₹150 on flights, 12 on hotels and 4 on car rentals, with accelerated points capped at 18,000 a calendar month and a ₹300 or ₹700 convenience fee per flight leg; it is not entered as a portal rule.
- Introductory offer T&C: "Cardholders are not permitted to combine this reward-linked Offer with any other welcome or introductory Offer"; the fuel offer T&C: "Cardholders cannot combine any other offer with this fuel-linked Offer". The calculator adds the welcome items and the fuel cashback, so the first year may be overstated by up to ₹250 for the Amazon voucher.
- The fuel offer's milestone counts all fuel spend toward ₹10,000 a quarter, but only contactless fills of ₹1,000 to ₹5,000 at domestic stations count; it is assumed met.
Sources
- HSBC Visa Platinum Credit Card product page (Product page, the bank's own, read 6 Nov 2026)
- HSBC credit card Key Fact Statement (Visa Platinum column; undated) (Schedule of charges, the bank's own, read 6 Nov 2026)
- HSBC Rewards Marketplace terms and conditions (earn rules, transfer tables, Travel with Points) (Reward terms, the bank's own, read 6 Nov 2026)
- HSBC Platinum Credit Card service guide (Reward terms, the bank's own, read 6 Nov 2026)
- HSBC Visa Platinum introductory offer, terms and conditions (15 September 2025 to 31 December 2026) (Reward terms, the bank's own, read 6 Nov 2026)
- HSBC Visa Platinum and Live+ fuel contactless offer, terms and conditions (Reward terms, the bank's own, read 6 Nov 2026)