HSBC Visa Platinum Credit Card
HSBC
A no-fee card with real perks attached — the free Times Prime membership alone is a reasonable value add.
Free
Joining fee
Free
Annual fee
Not applicable — no fee charged at all (lifetime free).
3.5%
Forex markup
4.1 / 5
Rating
Eligibility
Estimated minimum income: ₹50,000+/month
Estimated — not officially confirmed by the bank.
Estimated minimum CIBIL score: 650+
Estimated — not officially confirmed by the bank.
Age: 18–65
Salaried min Rs 6,00,000/year; self-employed min Rs 12,00,000/year, age 25-65; Indian residents only. CardInsider (aggregator-only) describes a stricter condition: salaried-employees-only, with self-employed applicants accepted only if they hold an HSBC account.
Restricted to ~20 named metro cities
Sources disagree: Employment restriction discrepancy between the official page's dual salaried/self-employed income criteria and CardInsider's stricter salaried-preferred condition — not corroborated by the official page.
Key features
- Genuinely no joining or annual fee, ever
- 2 pts/₹150
- Fuel surcharge waiver up to ₹250/month
- Free 12-month Times Prime membership
Reward details
2 reward points per Rs 150 spent (official and aggregator agree)
- 4X-6X points on Flights, hotels, car rentals via 'Travel with Points' platform
Welcome bonus: Exclusive welcome benefits noted by a user comment (unspecified details)
Redemption
Rewards redemption itself carries no fee per CardInsider
Excluded from rewards: utilities, insurance, fuel, e-wallet loading, education payments
- Cash advance fee: 2.5%, minimum Rs 500
Real-world feedback
Sourced from user reviews and comparison sites (aggregator/user-sourced), not confirmed by the bank.
Praise
- Valued as a solid entry-level, no-fee card with 'exclusive welcome benefits' despite lacking premium perks — CardInsider user comment
Complaints
- A cardholder expressed disappointment that no domestic airport lounge access is provided, calling the card 'not more useful' as a result — CardInsider user comment
Sources
- Official — fees, eligibility, rewards
- Aggregator — forex, lounge, rewards, sentiment