HSBC Visa Platinum Credit Card: rewards, caps and exclusions

What it earns

≈ marks a rate paid in points, valued at ₹0.4 a point. That is Zenidhi's conservative valuation, the same one the audit uses: the cheap end of what the points can be redeemed for, never the best transfer. Redeemed well, they can be worth more.

What earns nothing

Spend in these categories earns no rewards on this card, however it is paid for:

• Utility bills
• Government payments
• Education fees
• Rent
• Money transfers
• Jewellery
• Insurance premiums
• Fuel
• Cash withdrawals and fees
• Wallet loads
• EMI conversions

Fees

• Annual fee: none
• Joining fee: none

Where this comes from

Transcribed from HSBC India's own documents and checked against them on 27 August 2026:

• product page, hsbc.bank.in
• Service Guide, hsbc.bank.in (PDF)
• Most Important Terms & Conditions, hsbc.bank.in (PDF)
• Key Fact Statement, hsbc.bank.in (PDF)

Banks change these terms, sometimes with a month's notice. If a figure here disagrees with HSBC India's current document, the bank's document is right. Tell us at support@zenidhi.com and we'll fix the rule, here and in the app.

Hold this card?

Zenidhi reads your HSBC India statements and transaction alerts in Gmail, replays every swipe against the rules on this page, and shows you what you missed, and which card in your wallet to use next time. Get my audit · How the audit works

Other HSBC India cards

Every card we have rules for