Synopsis- A leading global bank, HSBC has diversified its credit card range in India by introducing 2 new RuPay cards, namely the HSBC RuPay Platinum Credit Card and the HSBC RuPay Cashback Credit Card. These cards have been built around addressing the needs of digital-savvy customers with all the convenience of UPI payments and an exclusive rewards and cashback offering. This article reveals all the cards features, benefits and the real world advantages that they apply making you choose a card that suits your spending style.
HSBC RuPay Platinum Credit Card: A Lifetime Free Rewards Solution
HSBC RuPay Platinum Credit card is ideal for anyone looking for a Lifetime free card with great benefits. It combines the ease of UPI payments and constant reward points on every expenditure. It is most ideal to simplicity lovers, individuals who are fond of digital payment and wish to enjoy flexible reward redemptions without being concerned about annual fees. Its key features:
- Lifetime Free: A “forever free” card as there’s no Joining or Annual Fee.
- Easy UPI Linking: Link your card to UPI platforms to make direct payments to merchants or peer-to-peer payments and earn reward points on online transactions.
- Rewards Points on Every Spends:
- 2 Reward points on every ₹150 spent.
- Instant redemption of points is available on the HSBC app for air miles, hotel loyalty program and gift cards.
- Welcome Benefits:
- Amazon eGift vouchers of ₹100 rupees for online application and verification.
- On ₹5000 spent, ₹500 cashback through the HSBC India mobile banking application within 30 days.
- Two months of EazyDiner membership upon card activation.
- Additional Offers:
- 10% off on Swiggy Instamart Orders, 5% on bills via paytm, Tira beauty deals and up to ₹6000 discount offer on Cleartrip bookings.
- No Fuel Surcharge: Save ₹3,000 a year on fuel charges (250 p.m.)
- International Access: Enjoy more security and card acceptance worldwide through the JCB network in 160+ countries.
- Redemption and Rewards Flexibility
- Air Miles & Hotels: The points can be swapped freely to airline and hotel loyalty programs.
- Gift Cards: Can be used in purchasing gift cards of a variety of brands in food, fashion, entertainment and more.
HSBC RuPay Cashback Credit Card: GoTo Card for Maximum Returns
HSBC RuPay Cashback Credit Card is an ideal card to use by consumers who spend a lot on grocery, dining and food delivery through the online platforms, offering cashback of 10% (up to ₹400 per month). It can be best utilized by frequent spenders who would be able to regularly meet cashback limits and use complimentary access to airport lounges. Its key features:
- Affordable fees: ₹499 joining fee and annual fee(waived off on spending over ₹2 lakh a year).
- High Value Cashback Deals:
- 10% cashback on dining, grocery and food orders (up to ₹400 per month).
- 1% Cashback on all other eligible spends.
- Welcome Benefits:
- ₹500 cashback on spending ₹10,000 within 30 days of using the HSBC app.
- Amazon eGift card of ₹100 on successful online application and verification.
- A 2-month free membership to the EazyDiner program.
- Additional Benefits:
- Swiggy Instamart: Receive 10 percent off purchases in groceries worth 500 INR or more (limitation of 200 INR per purchase).
- Tira: Get 10 percent off on orders of 2,499 or more (maximum of ₹1000 per order) on all items relating to beauty and skincare every Wednesday.
- Paytm: Get a discount of 5% on bill payments of 299 and above.(Max Discount of ₹150).
- Cleartrip: Up to ₹6,000 as discounts on flight and hotel booking through Cleartrip.
- International Access: Use ATMs and make payments worldwide through the JCB network accepted in 160+ countries.
- Zero Forex Markup: International transaction charges at no charge (valid until the end of 2025). Cashback does not include forex spends.
- UPI Integration: Card can be linked to UPI apps, to conduct merchant and peer transfers with cashbacks on eligible spends.
- Airport Lounge Access: 10 Complimentary visits, domestic (2 per quarter) and 2 international visits per year, useful for frequent fliers.
Also read: Best SBI Credit Cards for Travel and Fuel Expenses in 2025 – Do You Own One Yet?
Table showing Comparison of HSBC RuPay Platinum and Cashback Credit Card
| Feature | HSBC RuPay Platinum | HSBC RuPay Cashback |
| Annual Fee | Lifetime Free | ₹499 (waived at ₹2L spend) |
| UPI Payments | Yes | Yes |
| Welcome Bonus | ₹100 Amazon voucher, ₹500 cashback and EazyDiner membership | ₹100 Amazon voucher, ₹500 cashback and EazyDiner membership |
| Reward Structure | 2 pts/₹150 spend | 10% dining/grocery and 1% others |
| Lounge Access | Not listed | 10 total, 8 domestic (2/quarter)2 international/year |
| Fuel Surcharge Waiver | Up to ₹3,000/year | Not listed |
| International Usage | Yes | Yes (with 0% forex markup) |
Note: To be eligible to apply for any of the 2 cards, Individual must have a minimum income of ₹4,00,000 for salaried employees and reside in Chennai, Gurgaon, Delhi (NCR), Pune, Noida, Hyderabad, Mumbai, Jaipur, Chandigarh, Bangalore, Kochi, Coimbatore, Ahmedabad or Kolkata.
Who Should Apply?
- Value Seekers: HSBC RuPay Platinum is ideal if you wish to have a zero fee, with consistent reward benefits.
- Reward Optimizers & Foodies: Opt for HSBC Cashback card, If you dine out regularly, order in, or do groceries shopping, and can easily do 2 lakh or more spends in a year to pay no fee.
- Urban, Digital-Native Consumers: These cards embrace UPI and cashless payments useful for people who prefer cashless transactions.
Final Thoughts
The new RuPay credit cards introduced by HSBC have good rewards, simple to use features, and allow payment using UPI. Whether you are interested in a card that is free forever with simple rewards, or need to receive cashback on day to day expenditures, these are cards targeted towards busy urban folks. With options of convenient payment abroad and other attractive features, the New HSBC RuPay credit cards are for every individual with useful rewards.
Written by Prajwal Hegde
