HSBC Visa Platinum credit card: Elevate Your Financial Experience.

HSBC Visa Platinum Credit Card has emerged as a prominent player in the market, providing a wide range of features and benefits tailored to elevate the lifestyles of discerning individuals. Credit cards, which provide ease and a number of benefits, have become an essential part of our financial lives. In this comprehensive review, we’ll explore the key attributes of the HSBC Visa Platinum Credit Card and assess why it stands out among its competitors.

Key Highlights of HSBC Visa Platinum credit card:

Card Type	Lifetime Free Card
Best Suited for	Lifestyle Benefits
Minimum Income Required	Rs. 4,00,000
Welcome Offers	Vouchers from Amazon, Swiggy, etc.
Best Feature	10% cashback on transactions with a minimum of 5 transactions, up to Rs.

Other Key Highlights:

• A lifestyle credit card with alluring incentives.
• There are no joining or yearly fees.
• Exciting opening deals.
• Accelerated points towards rewards in a few areas.

Benefits of HSBC Visa Platinum credit card:

Lifestyle Benefits:

• Coupons for free travel.
• Within the first 60 days after card issuance, 10% cashback.
• Per year, cinema vouchers valued up to Rs.
• 15% off eating at affiliated establishments in significant Indian cities.

Zero joining fee and annual fee:

The card’s capabilities and advantages can be used without incurring any fees. You did read that correctly. The Visa Platinum Credit Card from HSBC is available without a yearly or application fee.

Introductory offers:

Gift Vouchers: Receive gift vouchers from Swiggy and Amazon worth Rs. 500 and Rs. 250 each within 30 days of making your first purchase on your HSBC credit card. Only cards issued on or before August 15, 2023, are eligible for the promotion.

Cashback: Within the first 30 days of obtaining the card, take advantage of up to 10% cashback on any purchases made with it. The maximum cashback per card is Rs. 2,000, while the minimum transaction value should be Rs. 2,500. Only HSBC credit cards issued on or before August 15, 2023, are eligible for the promotion.

Lounge Access:Recieve three free passes to domestic and international airport lounges, or three meal certificates good at Indian airport restaurants.

Reward points:

• On all retail transactions, earn 2 reward points for every Rs. 150 spent.
• After the annual spend threshold of Rs. 4 lakh, up to a maximum of Rs. 10 lakh within the first 12 months of card issuance, you can earn up to 5 times as many reward points, or 10 reward points, on every purchase.
• Reward points can be exchanged for a variety of things, such as gifts, coupons, airline miles, donations, and donations to organisations.

Spend based rewards:

• If you spend Rs. 50,000 or more in a single calendar month, you might win a free entertainment ticket coupon worth up to Rs. 500. Per cardholder, a maximum of Rs. 3,000 in vouchers may be used annually.

Dining privileges:

• You can receive up to a 15% discount at selected restaurants in your city with HSBC’s Simply Indulge eating programme.

Fuel surcharge waiver:

• Enjoy a surcharge waiver on fuel purchases between Rs. 400 and Rs. 4,000, good at all Indian petrol stations. The monthly waiver is limited to Rs. 250.

Zero liability on lost card:

• If the HSBC Visa Platinum Credit Card is lost, report it within 24 hours to avoid being held responsible for any unauthorised use of the card.Up to Rs. 3 lakh in coverage would be provided for the first 24 hours following the loss being reported.

Emergency card replacement:

• You can request a new credit card if you lose the first one while travelling overseas.
• Simply seek card cancellation and replacement by calling the HSBC credit card helplines or the Visa Global Assistance Services.
• After reporting anywhere in the world, an emergency card will be given within three days. You can also choose the over 22,000 locations worldwide that offer emergency cash services.

Global acceptance:

• More than 1 lakh sites worldwide and over 18 million shops accept the HSBC Platinum Credit Card.

Loan on Phone:

• Within 15 days of the transaction, you can turn purchases with a minimum value of Rs. 2,000 into EMIs. There are several tenure options available on the facility, including 6, 12, 18, and 24, with interest rates ranging from 18% to 23.88% annually.

Instant EMI:

• When purchasing a product at a merchant terminal, the HSBC credit card EMI facility offers a quick way to turn purchases into EMIs.
• To convert into an EMI, the transaction must have a minimum value of more than Rs. 2,000.
• The facility offers a number of tenure options with interest rates ranging from 12% to 15% per year, including 3, 6, 9, 12, 18, and 24 months.

Add-on credit cards:

• You may apply for up to three additional credit cards for members of your immediate family who are at least 18 years old, such as your spouse, parents, siblings, and young children. The supplemental cards will be given away free of charge. The principal cardholder will be charged for all charges made on the cards, and the spending limit works the same way.

You can view more on HSBC official website.

Redeeming Rewards on HSBC Visa Platinum credit card:

Via Online:

Through the bank’s rewards system, you can use your accrued HSBC Visa Platinum credit card reward points to make purchases online. All you have to do is sign into the portal and select the necessary option as it suits you. To accomplish the same thing, adhere to these instructions:

Step 1: Go to the HSBC credit card rewards catalogue’s official website.

Step 2: Choose your credit card’s version to view the offers that are available.

Step 3: Decide which choice you wish to use your reward points against.

Step-4: Use your internet banking ID and password to log in.

Step 5: Add the item to your card after logging in and use your reward points to make the purchase.

Step 6: You will get a confirmation message about using your reward points on your registered mobile number.

The supplied item will be sent to the communication address the bank has been given. The email address and mobile number registered with the bank will receive the vouchers.

Via Offline:

You can inquire about the redemption process by contacting the HSBC credit card customer service. The person will provide you instructions on how to submit an application and assist you in using your reward points.

Fee’s and Charges on HSBC Visa Platinum credit card:

Type of fee or charge	Amount (Rs.)
Joining Fee	NIL
Annual fee	NIL
Interest rate	3.3% per month
Cash withdrawal fee	2.5 percent of the transaction’s value (subject to a minimum of 300 rupees)
Rewards redemption fee	Rs.50 per request
Duplicate statement fee	Rs. 100 for each statement that is more than three months old
Cheque bounce/Unsuccessful ECS payment	Rs.350
Cash withdrawal fee at foreign ATMs	Rs.100
Overlimit fee	Rs. 500 per month
Late payment fee	50% of the minimum amount payable (up to a maximum of 750 rupees and a minimum of 400 rupees)
Sales slip retrieval fee	Rs.225 per month
Out-of-town cheque processing	Rs.50 for up to Rs.10,000 Rs.100 for processing amount between Rs.10,001 and Rs.1 lakh Rs.150 for cheque amount more than Rs.1 lakh
Credit card replacement fee – India and abroad	Rs.100
Currency conversion fee	3.5%
Cash payment at HSBC branches	Rs.100
Copy of Credit Information Report	Rs.50

Eligibility to apply for HSBC Visa Platinum credit card:

• Following are the essential requirements to be eligible to apply for the HSBC Platinum Visa Credit Card:
• The applicant’s age should be at least 18 years old and no older than 65.
• The card is only available to those who get a salary.
• The required minimum annual gross income is Rs. 4 lakh.
• Should live in one of the cities where the credit card is available. Major cities including Mumbai, Delhi, Pune, Bengaluru, Chennai, Hyderabad, Noida, Gurgaon, and Kolkata currently provide the card.

Required Documents for HSBC Visa Platinum credit card:

The documents you must send to complete your application for the HSBC Platinum Visa Credit Card are listed below.

• A recent copy of the employer’s salary certificate or pay stub.
• A copy of the most recent credit card statement and current credit card.
• Bank statements for the last three months that show pay credits.
• A PAN card or Form 60, as well as evidence of residency and identity.

Comparison:

HSBC Visa Platinum credit card v/s HSBC Premier MasterCard credit card:

Basis	HSBC Visa Platinum credit card	HSBC Premier MasterCard credit card
Fee	Joining Fee NIL Renewal Fee Nil	Joining Fee Nil Renewal Fee Nil
Best Suited For	Shopping	Shopping
Reward Type	Reward Points	Reward Points
Welcome Benefits	Amazon gift card worth Rs. 500, three free passes to lounges and three meal vouchers, a 50% discount (up to Rs. 100) on your first Google Pay purchase, and 10% cashback (up to Rs. 2,000) are all included.	One Taj Hotel night and a free Epicure membership are included.

HSBC Visa Platinum credit card v/s HSBC Cash back credit card:

Basis	HSBC Visa Platinum credit card	HSBC Cash back credit card
Fee	Joining Fee NIL Renewal Fee Nil	Joining Fee Nil Renewal Fee 750/-
Best Suited For	Shopping	Shopping
Reward Type	Reward Points	Reward Points
Welcome Benefits	Amazon gift card worth Rs. 500, three free passes to lounges and three meal vouchers, a 50% discount (up to Rs. 100) on your first Google Pay purchase, and 10% cashback (up to Rs. 2,000) are all included.	500 rupee Amazon gift card plus three free domestic lounge visits

HSBC Visa Platinum credit card v/s HSBC Smart Value credit card:

Basis	HSBC Visa Platinum credit card	HSBC Cash back credit card
Fee	Joining Fee NIL Renewal Fee Nil	Joining Fee Nil Renewal Fee Nil
Best Suited For	Shopping	Shopping
Reward Type	Reward Points	Reward Points
Welcome Benefits	Amazon gift card worth Rs. 500, three free passes to lounges and three meal vouchers, a 50% discount (up to Rs. 100) on your first Google Pay purchase, and 10% cashback (up to Rs. 2,000) are all included.	3 complimentary airport lounge access, an Amazon gift voucher worth Rs. 500, 10% cashback up to Rs. 1,000, and 50% discount on Google Pay.

Apply for HSBC Visa Platinum credit card:

• Check out the HSBC website.
• Select Banking.
• Select the Visa Platinum Card from the list of credit cards after that.
• Simply select “Apply Now.”
• Enter your name and mobile number to begin your application, then continue.

Check for HSBC Visa Platinum credit card:

Via Chatbot:

By speaking with an HSBC Bank executive through the Chabot on the bank’s official website, you may quickly find out the status of your HSBC credit card. To accomplish the same thing, simply take the following actions:

Visit the official website of HSBC Bank.

On your screen, in the bottom right-hand corner, select the “Chat” option.

Accept the terms and conditions, then type “I want to check the status of my application for an HSBC credit card.”

You might be questioned about a few specifics. Just give the requested information in its entirety.

Once you have given them all the information, it will only take them a few seconds to inform you of the most recent development with regard to your application.

Via Offline:

• If you want to find out the status of your credit card, you may always go to an HSBC bank location. When visiting the branch, be sure to bring your credit card application registration number, form number, and other necessary information and documents with you.
• This will make it easier for the bank workers to assist you in learning the status of your credit card.
• This option is the most time-consuming, thus it should only be chosen if all other attempts to trace your application have failed.

Contact HSBC Visa Platinum credit card:

Via Phone:

1860 266 2667

Via E-mail:

customer.care.team@hsbc.com.

Conclusion:

The HSBC Visa Platinum Credit Card is a feature-rich offering that combines convenience, security, and attractive rewards. Its comprehensive rewards program, global acceptance, and exclusive privileges make it a suitable choice for individuals seeking a credit card that enhances their financial experiences. While the card carries an annual fee and certain terms and conditions apply to some privileges, the overall benefits provided by HSBC make this credit card worth considering for those looking to elevate their financial journey.

F.A.Q’s:

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