HSBC
HSBC RuPay Cashback Credit Card
Annual Fee
₹589₹499 + GSTBase Reward
1% cashback
Foreign Markup
0% Till 30th June 2026
Welcome Benefits
Get ₹500 cashback on spending ₹10,000 within 30 days of logging in to the HSBC India Mobile Banking app. Receive a ₹100 Amazon eGift voucher when you apply online, complete video KYC, and get your card. Enjoy a 2-month complimentary EazyDiner membership on activation of the RuPay credit card.
Product Highlights
- 10% cashback on dining, food delivery, and grocery purchases
- 1% cashback on other eligible expenses, including UPI
- Complimentary international and domestic airport lounge access
Category Rewards
dining
10% on Dining + Food Delivery + Grocery
10%
dining
10% on Dining + Food Delivery + Grocery
10%
grocery
10% on Dining + Food Delivery + Grocery
10%
Fee Waiver
Annual charges are waived on spends of ₹2 Lakh
Merchant-Specific Rewards
Myntra
12% off on spends of ₹4,000 or more(Max discount of ₹1,000 per transaction)
Paytm
5% off on bill payments over ₹299(Max ₹150)
Reward Calculator
Earns ₹4,211/year (net)
Modest gain. Solid hold if you like the perks.
₹13K
across all your buckets
₹4.8K
direct cashback
₹4.8K
via direct credit
Effective rate
3.08%
Annual fee
₹589
Year 1 net
+₹4,211
Year 2+ net
+₹4,211
ongoing
Adjust your spend by reward bucket
2 bucketsReal Reward Ceiling
Headline %s are gated by caps. Here's how far each accelerator stretches before it falls back to the base rate.
10% on Dining + Food Delivery + Grocery
Headline: 10.00% effective
₹400/cycle ÷ 10.00% = ₹4,000 eligible spend/cycle
Surcharges & Exclusions
Watch-outs that quietly erode your effective rewards. Categories listed as “excluded” earn 0% even if the merchant looks normal.
Excluded from rewards
fuel, wallet, insurance, education, government, gambling, tolls, cash advance, utility
Surcharges are typically charged 1 cycle after the transaction and may include GST. Always confirm with the bank's most recent T&C.
Rewards Details
10% cashback on Dining, Food Delivery, and Grocery Spending. 1% cashback on Other Eligible Spends (Including UPI). Both Categories are Capped at ₹400.
Redemption
Cashback is Reflected in the Monthly Statement
Benefits & Features
Domestic: 2 Free Visits Each Quarter International: 2 International Airport Lounge Access Each Year Complimentary international and domestic airport lounge access without any spending criteria.
Pros & Cons
Pros
- Access to both domestic and international airport lounges without any spending requirements
- Low annual fee of ₹499 + GST
Cons
- The ₹400 cashback cap is quite low
Additional Info
The card is accepted in over 160 countries worldwide.
Zero foreign exchange markup charges for a limited time period.
Cashback capped at ₹400 per statement cycle for both categories.
Excluded Categories
Partner Merchants
Ready to apply?
Apply directly on the bank's official website. Quick approval, no hidden steps.
Apply NowOfficial bank website · Secure
Fees & Charges
Eligibility
Min Age
18 yrs
Salaried
₹6.0L+
Networks
Fee Waiver
Annual charges are waived on spends of ₹2 Lakh