Shopping
Reward Points
Lifetime Free
No joining/annual fee
Rewards
Up to 5x reward points
Welcome Benefit
Bonus 10% cashback
Find Best Credit Card Offers
It hardly takes 2 minutes
+91
0 /10 Digits
Don't worry, this will not affect your credit score
The entered number doesn't seem to be correct
HSBC Visa Platinum is a lifetime free entry-level credit card for salaried individuals. The card offers rewards on all spends, but accelerated rewards can be earned beyond annual spends of Rs. 4 lakh. Though the value can be high for beginners or those who don’t frequently use their credit card, heavy spenders can fetch good returns.
The key highlight of the card is its introductory offer that covers benefits around lounge access, shopping, and food delivery. However, users must understand that these are just one-time benefits that should not be a deciding factor to avail this card. Additionally, even while the card offers conversion to airmiles, the list of partners is not too exhaustive. Those who don’t mind paying an annual fee but want the air miles conversion option on the accumulated rewards can definitely find a better option with multiple airline partners. However, for lifetime-free credit cards, the offered benefits are good to stick to this card.
The card offers rewards on all spends as follows:
Redemption Options:
Welcome Benefits: The card offers the following on card activation:
Fuel Savings: Avail annual savings of up to Rs. 3,000 via fuel surcharge waiver.
Savings Calculator
This is mandatory field
If you spend upto ₹0/yr
Spend Rewards₹0
Milestone Benefits₹0
You save₹0
₹ 0
₹ 0
Need Help understanding?
| Fee Type | Amount |
|---|---|
| Joining Fee | Nil |
| Finance Charges | 3.3% p.m. | 39.6% p.a. |
| Minimum Payment Due (MPD) on extended credit usage | 5% of the total payment due (minimum of Rs. 100) |
Consider this card if:
You want a lifetime free credit card
You prefer earning rewards over cashback
You can spend beyond Rs. 4 Lakh in a year to earn accelerated benefits
Eligibility Requirements
Age: 18 to 65 years
Occupation: Salaried
Minimum Income: Rs. 4 Lakh per annum
For a lifetime free credit card, the HSBC Visa Platinum credit card offers good benefits, especially around the introductory offers and redemption options around five popular air miles with a decent conversion value of 2:1.
The HSBC Visa Platinum Credit Card could be a viable option for consumers who are new to credit and are looking for a lifetime free credit card. The best part about this card is that it provides a sign-up bonus of Rs. 2,250, which is a decent offer as compared to other lifetime free cards available in the market. However, these benefits should not be a deciding factor to own the card as other lifestyle benefits are limited. Having said that, the accelerated reward benefits, i.e., 5x rewards on spends above Rs. 4 lakh, can be a great option for heavy spenders seeking reward benefits at zero annual fee.
Footnotes
Click here to know More Terms and Conditions
Check eligibility for best credit cards
Check Eligibility
