Joining Fee

₹499

Annual Fee

Rs. 499 (Reversed on annual spends of Rs. 2 Lakhs)

Cashback

Best For: Everyday spenders on dining and groceries, UPI users seeking credit card rewards, Those wanting a low-fee cashback card

HSBC RuPay Cashback Credit Card

Rewards Structure

Base Reward Rate

1% on spends

Point Value

1 Point = ₹0.25

Earning Cap

₹400 /monthly

Pros

0% forex markup on international transactions (until 30 June 2026)
10% cashback on dining, food delivery and groceries
UPI integration for instant payments
Airport lounge access domestic and international
Low joining and annual fee of INR499

Cons

Monthly cashback capped at INR400
Annual fee waiver requires INR200,000 annual spend
0% forex markup is a limited period offer until June 2026
No cashback on fuel, wallets, insurance, education, government and many other categories

Hidden Catches (Transparency Policy)

To build trust with our users, we highlight the fine print that issuers often tuck away in policy documents.

Cashback capped at INR400 per month

0% forex markup is promotional and expires 30 June 2026

Many MCC categories excluded from cashback

Key Benefits & Features

UPI integration via HSBC SimplyPay and third-party UPI apps

International usage in 160+ countries via JCB network

5% off on Paytm bill payments using promo code HSBCRUPAY (max discount INR150)

Discounts up to INR6,000 on flights and hotels via Cleartrip

Eligibility Criteria

Min. Annual Income

₹6.0 Lakhs

Age Requirement

18+ Years

Occupation

SALARIED

Notable Exclusions

No cashback on fuel related transactionsNo cashback on e-walletsNo cashback on property management, rental commissions and rental paymentsNo cashback on business to business transactionsNo cashback on education and government related transactionsNo cashback on insuranceNo cashback on jewellery and antique itemsNo cashback on gamblingNo cashback on tolls and bridge feesNo cashback on cash withdrawals, credit repayments, foreign currency, liquid and cryptocurrency assetsNo cashback on security broker servicesNo cashback on collection agenciesNo cashback on charityNo cashback on money transfersNo cashback on wholesale clubsNo cashback on utilities – electric, gas, water and sanitary

*Exclusions may apply to EMI transactions, fuel, and wallet reloads based on current bank policy.

Official Terms & Conditions

These details are based on information updated on 7 March 2026. Fees and benefits change often - confirm on the issuer's own page before applying.

About HSBC RuPay Cashback Credit Card

The HSBC RuPay Cashback Credit Card is designed for everyday spenders who want to earn real money back on their regular purchases. Cardholders earn 10% cashback on dining, food delivery, and grocery spending, plus 1% cashback on all other eligible spends, with a maximum cashback of INR400 per month. The card comes with a joining and annual fee of INR499, though the annual fee is waived if annual spending exceeds INR200,000. A standout feature of this card is its seamless UPI integration, allowing cardholders to link it to HSBC SimplyPay or any third-party UPI app for quick, secure payments using QR codes, mobile numbers, or virtual payment addresses. Additionally, the card offers 0% forex mark-up on international transactions and acceptance across 160 countries through the JCB network, making it suitable for travelers as well. New cardholders enjoy attractive welcome benefits, including INR500 cashback on early spending, an INR250 Amazon eGift Voucher on video KYC approval, and a complimentary 2-month EazyDiner membership. Ongoing perks include up to 10 airport lounge visits annually, 12% off at Myntra on Sundays, discounts via Paytm and Cleartrip, and exclusive RuPay cardholder offers, making this a well-rounded, value-packed card for budget-conscious, everyday users.

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