HSBC Cashback Credit Card Review – Detailed Features and Benefits – up to 10% cashback – Discover the power of the HSBC Cashback Credit Card! Join us as we dive deep into its detailed features and benefits, including the opportunity to earn up to 10% cashback on your purchases.
From groceries to dining, fuel to utilities, this card offers cashback rewards on a wide range of everyday expenses. Learn about its additional perks such as dining discounts, travel benefits, and convenient payment options.
Join us for an insightful review of the HSBC Cashback Credit Card and find out how you can maximize your savings with every swipe.
HSBC Cashback Credit Card Review – Detailed Features and Benefits
HSBC Cashback Credit Card – Frequently Asked Questions
1. What is the HSBC Cashback Credit Card?
- The HSBC Cashback Credit Card is a credit card that offers unlimited cashback on all transactions, with accelerated cashback on dining, food delivery, and grocery spends.
2. What are the key features of the HSBC Cashback Credit Card?
- The key features include:
- 10% accelerated cashback on dining, food delivery, and grocery spends, capped at INR 1,000 per billing cycle.
- 1.5% unlimited cashback on all other spends (excluding certain categories).
- 4 complimentary domestic lounge visits per year (1 per quarter).
- Annual membership fee reversal if total annual spend exceeds INR 200,000.
3. Are there any introductory offers available with this credit card?
- Yes, introductory offers include earning Amazon vouchers worth INR 1,000 by making transactions of a minimum of INR 10,000 within the first 30 days of card activation.
4. What is the eligibility criteria for the HSBC Cashback Credit Card?
- To be eligible, you must:
- Be aged between 18 to 65 years.
- Have an annual income of at least INR 400,000 per annum (for salaried individuals).
- Be an Indian resident.
- Reside in one of the eligible cities listed, such as Chennai, Gurgaon, Delhi NCR, Pune, etc.
5. What documents are required to apply for this credit card?
- You need to provide:
- The latest salary slip if you’re a salaried employee, OR
- The front side of the card and the latest credit card statement if you’re already using another credit card, AND
- Proof of residence, identity proof, and your PAN card.
6. How can I apply for the HSBC Cashback Credit Card?
- You can apply online through the HSBC website or visit the nearest HSBC branch to complete the application process.
7. Can the annual membership fee be waived off?
- Yes, the annual membership fee of INR 999 will be reversed if your total annual spend exceeds INR 200,000.
8. Are there any exclusions to the cashback rewards?
- Yes, please refer to the detailed service guide for a complete list of exclusions for cashback rewards.
9. What is the cashback cap for dining, food delivery, and grocery spends?
- The cashback is capped at INR 1,000 per billing cycle for accelerated cashback on dining, food delivery, and grocery spends.
10. How can I redeem the cashback earned on my HSBC Cashback Credit Card?
- You can redeem the cashback as a credit on your credit card statement or as per the redemption options provided by HSBC.
11. Is there a limit on the number of cashback rewards I can earn?
- No, there is no limit on the cashback rewards you can earn, except for the cap on accelerated cashback on dining, food delivery, and grocery spends, which is INR 1,000 per billing cycle.
12. Can I use my HSBC Cashback Credit Card internationally?
- Yes, the HSBC Cashback Credit Card is globally accepted, and you can use it for transactions worldwide. However, please note that standard foreign transaction fees may apply.
13. How are the cashback rewards credited to my account?
- The cashback rewards are automatically credited to your credit card account and reflected in your monthly statement.
14. Are there any charges for using the card for contactless payments?
- No, there are no additional charges for using the card for contactless payments enabled with VISA Paywave technology.
15. Can I track my cashback rewards online?
- Yes, you can track your cashback rewards online through the HSBC internet banking portal or mobile app.
16. Can I set up auto-repayment for my HSBC Cashback Credit Card?
- Yes, you can set up auto-repayment for your credit card bills through the HSBC internet banking portal or mobile app for added convenience.
17. What should I do if my HSBC Cashback Credit Card is lost or stolen?
- If your credit card is lost or stolen, immediately contact HSBC customer service to report the incident and request for card blocking to prevent any unauthorized transactions.
18. Are there any rewards or benefits for referring friends for this credit card?
- HSBC may offer referral rewards or benefits for referring friends for the HSBC Cashback Credit Card. Please check with HSBC for any ongoing referral programs.
19. Can I convert my purchases into EMIs using the HSBC Cashback Credit Card?
- Yes, you can convert your purchases into EMIs using the HSBC Cashback Credit Card, subject to terms and conditions and applicable interest rates.
20. How can I contact HSBC customer service for any queries or assistance related to my credit card?
- You can contact HSBC customer service through the helpline number provided on the back of your credit card or visit the HSBC website for additional contact options.