Welcome Benefits
- Get 2,000 reward points on spending ₹5,000 within 30 days of card issuance after card activation in the HSBC Mobile App
Fees
Joining Fee
Not Applicable
Free
Lifetime Free
Annual Fee
Not Applicable
Free
Lifetime Free
Eligibility
Age
21-65 years
Salary
₹50K / Month
Credit Score
720+
Bank Fee Structure
Forex Markup
3.50% forex markup is charged on transactions made in currencies other than INR. Applies to international POS payments and online purchases charged in foreign currency. Examples (3.5%): ₹100 → ₹3.5 ₹1,000 → ₹35 ₹10,000 → ₹350 ₹1,00,000 → ₹3,500
3.50%
Finance Charges (APR)
3.75% monthly interest rate applies on the outstanding balance if the full amount due is not paid by the statement due date. The interest-free period is 20 to 55 days for new purchases.
3.75%
ATM Withdrawal
2.5% of the withdrawn amount is charged on cash advances using the credit card, subject to a minimum of ₹500.
2.50%
Reward Redemption
A reward redemption handling fee of ₹99 plus applicable GST is charged per redemption request.
₹99
Railway Surcharge
A railway booking surcharge of 1.80% for online transactions and 2.50% for other bookings is applied, with additional bank charges and taxes recovered at actuals.
1.80%
Rent Payment
1% of the transaction amount is charged as a fee on rent payment transactions, subject to applicable GST and platform charges
1%
Cheque Payment
A fee of ₹100 is charged for payments made by cheque.
₹100
Cash Payment
A fee of ₹100 is charged for payments made by depositing cash at a bank branch or ATM.
₹100
Late Payment Charges
| Amount due | Fee |
|---|---|
| ₹0 - ₹100 | ₹0 |
| ₹101 - ₹500 | ₹400 |
| ₹501 - ₹5000 | ₹ 500 |
| ₹5001 - ₹10000 | ₹ 750 |
| ₹10000 and above | ₹ 950 |
Late payment charges apply if the Minimum Amount Due (MAD) is not paid by the due date. Charges are based on the total outstanding amount as per the slab structure above.
Reward Exclusions
Terms & Conditions
- ...rewards
- Welcome benefit is applicable only on spends within 30 days of card issuance
Full charges and terms: Bank MITC / Terms