HSBC RuPay Cashback Credit Card benefits
- Rewards10%
cashback on dining, food delivery and groceries
- Rewards1%
cashback on other eligible spends
- Rewards
Total cashback up to ₹400 a month
- Rewards
Links to UPI apps, and UPI payments earn cashback
- LoungeUp to 8
domestic and 2 international lounge visits a year
Good to know
- Annual fee ₹499, waived on ₹2 lakh of yearly spends
HSBC RuPay Cashback Credit Card rewards and cashback
| Where you spend | Rate | Monthly limit |
|---|---|---|
| Dining and food delivery10% cashback on dining and food delivery. All cashback on the card, at 10% and 1%, is capped at ₹400 a month in total. | 10% back | 400 |
| Groceries10% cashback on grocery spends, within the same ₹400 monthly limit. | 10% back | 400 |
| Everything else | 1% back | 400 |
No rewards on: Fuel, wallet loads, rent and property management, education and government, insurance, jewellery, gambling, tolls, financial institutions, money transfers, charity, wholesale clubs and business-to-business spends.
All reward rules
- 1% cashback on other eligible spends. Total cashback across 10% and 1% spends is capped at ₹400 a month.
- Being a RuPay card, it links to UPI apps, so UPI payments earn cashback too.
- Welcome benefit: ₹500 cashback when you log on to the HSBC India app and spend ₹10,000 within 30 days of getting the card.
- Cashback is decided by the merchant category code (MCC) of each transaction.
What the HSBC RuPay Cashback Credit Card gives back in a year
Say you spend ₹30,000 a month, like our “online shopper” pattern. Worked out with the same maths as the calculator above.
| Spending | A month | Back | A year |
|---|---|---|---|
| Groceries | ₹3,000 | 10% (limit hit) | ₹1,946 |
| Dining and food delivery | ₹2,000 | 10% (limit hit) | ₹1,297 |
| Online shopping | ₹18,000 | 1% (limit hit) | ₹1,168 |
| Travel | ₹1,000 | 1% (limit hit) | ₹65 |
| Fuel | ₹1,000 | 0% | ₹0 |
| Bills and utilities | ₹2,000 | 1% (limit hit) | ₹130 |
| Everything else | ₹3,000 | 1% (limit hit) | ₹195 |
| Total | ₹30,000 | ₹4,800 | |
| Renewal fee with GST | Waived | ||
| You keep | ₹4,800* |
That is ₹1,320 a year more than the Fibe Axis Bank Credit Card on the same spending.
HSBC RuPay Cashback Credit Card annual fee and charges
- Joining fee
- ₹499
- Annual fee
- ₹499
- Fee waiver
- ₹2,00,000 a year
- Foreign currency markup
- 3.5%
Joining fee ₹499 and annual fee ₹499, both before GST. The annual fee is reversed if spends across the primary and add-on cards pass ₹2 lakh in the card year. The tariff lists a 3.5% forex markup, but HSBC's card page offers 0% on foreign currency spends until 31 December 2026.
HSBC RuPay Cashback Credit Card eligibility
- Age
- 18 to 65
- Salaried income
- ₹6,00,000 a year
- Self-employed income
- ₹12,00,000 a year
Salaried applicants aged 18 to 65, or self-employed aged 25 to 65. You must live in one of the cities HSBC serves, such as Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kolkata or Ahmedabad.
The bank alone decides approval and your credit limit.
HSBC RuPay Cashback Credit Card lounge access
8 domestic and 2 international visits a year. Banks often set a spend condition, so read the reward rules above.
HSBC's card page gives up to 2 domestic visits a quarter and 2 international visits a year. The older service guide lists 4 visits a year, so check the current terms before you travel.
Is the HSBC RuPay Cashback Credit Card right for you?
A card with a ₹499 fee that spending can waive, paying 10% on dining and food delivery and an above-average 1% elsewhere.
Worth its fee if you spend about ₹2,000 a month or more. Below that, the ₹499 fee costs more than the card gives back on spending like the example above.
Good for you if
- You spend a lot on dining and food delivery: the card pays 10% back there, against 1% on most other spends.
- You spend ₹2,00,000 a year or more (about ₹16,700 a month), so the ₹499 renewal fee is waived.
- You fly a few times a year: it includes 8 domestic and 2 international airport lounge visits a year.
- You pay by UPI: it is a RuPay card you can link to UPI apps and use at shop QR codes.
Not for you if
- You spend less than about ₹16,700 a month: you would pay ₹589 a year with GST.
Check the latest fees and terms on the bank's page before you apply.
Alternatives to HSBC RuPay Cashback Credit Card
Two similar cards to weigh up before you apply. The last column shows what each may be worth on ₹30,000 a month of mixed spending, after the renewal fee with GST. Rates paid only at named brands are not counted, so a brand card can earn more if you shop there.
| Card | Annual fee | Rewards up to | You keep a year |
|---|---|---|---|
| HSBC RuPay Cashback Credit Card | ₹499 | 10% | ₹4,800* |
| Fibe Axis Bank Credit Card | Free | 3% | ₹3,240* |
| Kotak Cashback+ Credit Card | ₹750 | 5% | ₹2,520* |
*Estimate only, not a promise. We work it out from the bank's published terms and the spending you enter. What you actually get depends on the bank, your transactions and any change in its terms.
Frequently asked questions
What is the annual fee of the HSBC RuPay Cashback Credit Card?
The joining fee and the annual fee are ₹499 each, before GST. The annual fee is reversed if your spends pass ₹2 lakh in the card year.
How much cashback does the HSBC RuPay Cashback card give?
10% on dining, food delivery and groceries, and 1% on other eligible spends. Total cashback is capped at ₹400 a month. Fuel, wallets, rent, insurance, education and government spends earn nothing.
Can I use the HSBC RuPay Cashback card on UPI?
Yes. It is a RuPay credit card, so you can link it to the HSBC SimplyPay app or other UPI apps, and UPI payments earn cashback.
What is the eligibility for the HSBC RuPay Cashback Credit Card?
Salaried applicants aged 18 to 65 with ₹6 lakh a year or more, or self-employed applicants aged 25 to 65 with ₹12 lakh or more. You must live in a city HSBC serves.