HSBC Visa Platinum Credit Card: Overview of Features, Fees, and Rewards

The HSBC Visa Platinum Credit Card is a popular choice for those seeking a premium credit card experience.

It offers a range of features, including a rewards program, travel insurance, and purchase protection.

With this card, you can earn rewards points for every dollar you spend, redeemable for cash, travel, or other rewards.

The card also comes with a 0% balance transfer fee for 6 months, making it an attractive option for those looking to consolidate debt.

You can enjoy travel insurance and purchase protection, giving you peace of mind when making purchases or traveling overseas.

The HSBC Visa Platinum Credit Card has no annual fee for the first year, making it a great option for those who want to try out the card without committing to an annual fee.

This card is available to HSBC customers and can be applied for online or in-branch.

The HSBC Visa Platinum Credit Card is a fantastic option for those who want to earn rewards and enjoy exclusive benefits.

You can get an e-gift voucher of Rs 250 after applying for the card online and verifying yourself through video.

The card offers 5 times (5X) the reward points on purchases done after spending Rs 4 lakh in a year, which can be a huge advantage for frequent shoppers.

Here are the key features of the HSBC Visa Platinum Credit Card:

You can earn 2 reward points for every Rs 150 spent through the card, which can be redeemed for various rewards like air miles, vouchers, and more.

The card also offers a welcome benefit of Rs 250 e-gift voucher, making it a great option for those who want to start earning rewards right away.

With no joining or annual fees, the HSBC Visa Platinum Credit Card is an affordable option for those who want to enjoy exclusive benefits without breaking the bank.

The card's reward points can be redeemed in various categories, including jewellery, apparel, fashion accessories, home appliances, cosmetics, and electronic equipment, giving you a wide range of options to choose from.

To be eligible for the HSBC Visa Platinum Credit Card, you must be between 18-65 years old and have a minimum annual income of Rs 4 lakh for salaried individuals. You must also be an Indian resident and reside in one of the specified cities.

You can apply for the card through the HSBC website, by visiting a branch, or through MyMoneyMantra. The application process involves filling out the required details and submitting the form. You can also apply by calling the HSBC Phone Banking numbers or visiting the closest HSBC branch.

Here are the required documents for the HSBC Visa Platinum Credit Card application:

To apply for an HSBC Visa Platinum credit card, you should meet the following eligibility criteria. You need to be 18 years to apply, which is a pretty standard requirement for most credit cards.

The minimum annual income required for salaried individuals is Rs. 4,00,000 p.a. This is a significant amount, but it's worth noting that this requirement is the same for all the locations mentioned.

The card is available to Indian residents who reside in specific cities across the country. These cities include Gurgaon, Chennai, Delhi NCR, Noida, Pune, Bangalore, Hyderabad, Mumbai, Jaipur, Kochi, Chandigarh, Coimbatore, Kolkata, and Ahmedabad.

You must also be between 18-65 years of age to be eligible for the card. This age range is standard for most credit cards, and it's likely due to the fact that younger individuals may not have a stable income or credit history yet.

To be eligible for an HSBC Visa Platinum Credit Card, you need to be at least 18 years old. This is a common requirement for most credit cards.

You'll also need to meet the minimum annual income requirement, which is Rs. 4,00,000 p.a. for salaried individuals. This ensures that you have a stable income to repay your credit card debts.

To apply for an HSBC Visa Platinum credit card, you should be an Indian resident and reside in one of the following cities: Gurgaon, Chennai, Delhi NCR, Noida, Pune, Bangalore, Hyderabad, Mumbai, Jaipur, Kochi, Chandigarh, Coimbatore, Kolkata, or Ahmedabad.

Here's a summary of the eligibility criteria:

To track your bank application status, you need to call the credit card customer care helpline number, which is 1800 267 3456 or 1800 121 2208 in India, or 040-61268002/ 080-71898002 for overseas calls. You can only call on working days between 6:30 am and 8:30 pm. HSBC Bank does not provide a facility to check application status online.

The HSBC Visa Platinum Credit Card has a Nil joining fee and annual fee, which is a great perk for those who want to avoid upfront costs. However, there are other fees to be aware of.

The finance charge on this card is 3.49% per month (41.88% per annum), which is relatively standard. However, you should also be aware of the cash withdrawal fee, which is 2.5% of the transaction amount (minimum of Rs 500).

Here are the key fees and charges associated with the HSBC Visa Platinum Credit Card:

Annual fees can add up quickly, so it's essential to understand what you're getting into. The HSBC Live+ Credit Card has an annual fee of ₹999, which is waived if you spend ₹2 Lakhs.

The HSBC Visa Platinum Credit Card is a more affordable option, with no annual fee. This makes it a great choice for those who want to avoid extra charges.

Fees and charges can be overwhelming when it comes to credit cards. Let's break it down.

The joining fees for HSBC credit cards are nil, which means you won't have to pay anything to get started.

Annual fees vary across different credit cards, with some having a nil annual fee, while others can be as high as ₹12,000. For example, the HSBC Visa Platinum Credit Card has a nil annual fee, but the HSBC Premier Mastercard Credit Card has an annual fee of ₹12,000.

Finance charges can add up quickly, with interest rates ranging from 2.49% to 3.75% per month. For instance, the HSBC Live+ Credit Card has an interest rate of 3.75% per month, while the HSBC Premier Mastercard Credit Card has an interest rate of 2.49% per month.

Cash advance fees can also apply, ranging from 2.5% of the transaction amount to a minimum of ₹300. For example, the HSBC Visa Platinum Credit Card has a cash advance fee of 2.5% of the transaction amount or a minimum of ₹300.

Here's a breakdown of the fees and charges for different HSBC credit cards:

Over-limit fees can also apply, ranging from ₹500 to ₹750. For example, the HSBC Visa Platinum Credit Card has an over-limit fee of ₹500.

Late payment fees can also be charged, with some credit cards charging up to 50% of the minimum amount due. For instance, the HSBC Visa Platinum Credit Card charges a late payment fee of 50% of the minimum amount due, with a minimum of ₹400 and a maximum of ₹750.

Reward redemption fees can also apply, with some credit cards charging up to ₹50 per redemption. For example, the HSBC Premier Mastercard Credit Card charges a reward redemption fee of ₹50.

The HSBC Platinum Credit Card is accepted world over in more than 18 million outlets.

You can use your card to make purchases at a vast number of locations, both locally and internationally.

The card is also accepted at over 1 lakh outlets within the country itself, making it a convenient option for everyday transactions.