M16S / HSBC / HSBC RuPay Cashback Credit Card
entry · cashback, upi
HSBC RuPay Cashback Credit Card
The HSBC RuPay Cashback Credit Card costs Rs 499 a year, waived if you spend Rs 2,00,000 in a year. Its base return is 1% (1% cashback on other eligible spend). Accelerated earn: 10% cashback on dining, food delivery and grocery. The forex markup is 0%. Lounge visits in India: Up to 2 per quarter. Abroad: 2 per year. Read from the issuer's documents and an aggregator on 11 Oct 2026.
- Annual fee
- Rs 499+ GST
- Fee waived at
- Rs 2,00,000annual spend
- Base return
- 1%
- Forex markup
- 0%
- Interest
- 3.75%a month
Apply on hsbc.bank.inOpens the bank’s own page.
Fees
| Joining fee | Rs 499 |
|---|---|
| Annual fee | Rs 499 |
| Annual spend that waives the fee | Rs 2,00,000 |
| Fee notes | Rs 499 joining and annual; annual fee waived on spend above Rs 2 lakh a year |
Rewards
| Welcome benefit | Rs 500 cashback on app login plus Rs 10,000 spend in 30 days; 2 months EazyDiner membership; Rs 250 Amazon voucher for online application with video KYC (to 31 Oct 2026) |
|---|---|
| Reward currency | Cashback |
| Base earn | 1% cashback on other eligible spend |
| Base return | 1% |
| Point value | Cashback, Rs 1 = Rs 1 |
| Accelerated earn | 10% cashback on dining, food delivery and grocery |
| Capsunverified | Issuer page: 'earn up to Rs 400 on your spending every month', scope unclear. Aggregator: Rs 400 per statement cycle on the 10% categories and a separate Rs 400 per cycle on the 1% (which includes UPI). |
| Spends that earn nothingunverified | Issuer page references an exclusion list without reproducing it. Aggregator: fuel, e-wallets, rent and property management, B2B, education, government, insurance, jewellery and antiques, gambling, tolls, financial and non-financial institutions, security brokers, collection agencies, charity, money transfers, wholesale clubs. |
| Reward notes | base_return_pct is the stated 1% on non-accelerated eligible spend. Aggregator says the 1% also applies to UPI spend and is capped at Rs 400 a cycle, i.e. on Rs 40,000 of spend. |
Travel and perks
| Domestic lounge | Up to 2 per quarter |
|---|---|
| International lounge | 2 per year |
| Lounge conditions | Lounge list in a footnote not reproduced; no spend condition stated on the page |
| Forex markupunverified | 0% |
| Fuel surcharge waiver | None. HSBC's fuel surcharge waiver page does not list this card as eligible; aggregator shows N/A. |
| Other freebies | UPI linking via HSBC SimplyPay or other UPI apps; usable abroad via JCB in about 160 countries |
Charges and eligibility
| Interest per monthunverified | 3.75% |
|---|---|
| Late payment feeunverified | Aggregator (general HSBC figure, not card-specific): 100% of the minimum payment due, minimum Rs 250, maximum Rs 1,200 per month |
| Cash advance feeunverified | 2.5% min Rs 500 |
| Eligibility | Age 18-65 salaried, 25-65 self-employed. Income Rs 6 lakh+ a year salaried, Rs 12 lakh+ self-employed. Resident in one of 21 listed cities. |
| Fine-print notes | The 0% forex markup is a promotional rate; the product page read on 11 Oct 2026 gives 31 Dec 2026 as the end date, while Card Insider (19 Aug 2026) still shows 31 Aug 2026. The standard markup after that was not found. HSBC's RuPay Cashback MITC PDF is blocked to automated readers (robots.txt). HSBC's MITC/tariff PDFs and the rewards T&C PDF (https://www.hsbc.bank.in/content/dam/hsbc/in/documents/hsbc-rewards-tcs.pdf) are blocked to automated readers (robots.txt), so interest, late fee and cash advance fee are from aggregators and unverified. Aggregators disagree on interest: Card Insider gives a per-card rate, Paisabazaar says 'up to 3.49% a month' for all HSBC cards. |
Questions
- What is the annual fee of the HSBC RuPay Cashback Credit Card?
- Rs 499 a year, before GST. It is waived if you spend Rs 2,00,000 in a year.
- Does the HSBC RuPay Cashback Credit Card give airport lounge access?
- Yes. In India: Up to 2 per quarter. Outside India: 2 per year. Conditions: Lounge list in a footnote not reproduced; no spend condition stated on the page
- What is the forex markup on the HSBC RuPay Cashback Credit Card?
- 0% of each foreign-currency transaction, before GST.
- Which spends earn no rewards on the HSBC RuPay Cashback Credit Card?
- Issuer page references an exclusion list without reproducing it. Aggregator: fuel, e-wallets, rent and property management, B2B, education, government, insurance, jewellery and antiques, gambling, tolls, financial and non-financial institutions, security brokers, collection agencies, charity, money transfers, wholesale clubs.