HSBC RuPay Cashback Credit Card
HSBC Bank
Last updated: Feb 03, 2026
₹499
₹499
Free
10 visits/yr
Contents
HSBC RuPay Cashback Credit Card is a low–annual-fee cashback credit card designed for heavy UPI users, foodies and urban shoppers who want simple, direct money-back on everyday spends. You earn 10% cashback on dining, grocery and food delivery transactions and 1% cashback on other eligible spends, including UPI payments, with a monthly cap that makes the card especially rewarding for low-to-moderate spenders. The card also offers 0% forex mark-up on international spends until 31 December 2025, global acceptance through the JCB network and up to 10 complimentary airport lounge visits per year. With strong UPI integration, partner offers on Swiggy Instamart, Tira, Paytm and Cleartrip, this RuPay cashback credit card is well-positioned as a best-in-class option for UPI-linked lifestyle spending in India.
Features of HSBC RuPay Cashback Credit Card which makes it unique
UPI-First Cashback Design
Cashback accrues even on eligible UPI transactions when the card is linked to UPI apps, unlike many traditional cards that reward only POS or online transactions.
Maximises savings on everyday QR and mobile payments at neighbourhood stores, food outlets and local merchants.
Many competing RuPay UPI credit cards offer lower UPI rewards or category-restricted benefits.
High Lounge Access on a Low Fee Card
Up to 8 domestic and 2 international complimentary airport lounge visits per year via RuPay and JCB networks.
Frequent domestic travellers and occasional international flyers get substantial lounge value from a ₹499-fee card.
Most entry-level cashback cards either skip airport lounges altogether or offer only 2–4 domestic visits per year.
0% Forex Mark-up Offer
Limited-period 0% forex mark-up on eligible international transactions made using the HSBC RuPay Cashback Credit Card.
Reduces the total cost of overseas card spends, making this one of the few low-fee cashback cards suited to occasional foreign travel.
Most entry-level cashback cards at similar annual fee bands charge around 3.5% forex mark-up.
Rewards Structure of HSBC RuPay Cashback Credit Card
Dining, Food Delivery and Grocery
baseEligible dining outlets, online and offline food delivery services and grocery merchants in India, including UPI payments to these merchants.
Best used as a dedicated food and grocery cashback card. Cashback is credited as a statement credit; transactions from excluded MCCs or categories, such as fuel or certain government payments, do not earn cashback.
Other Eligible Retail and UPI Spends
baseAll other eligible retail transactions and UPI spends in India that are not part of excluded categories.
Ideal for everyday UPI-linked payments like pharmacy, local stores, small merchants and online shopping, as long as the transaction is categorized as an eligible retail spend.
Ineligible and Excluded Categories
baseFuel, cash advances, wallet loads, purchase of gift cards, rental and educational fee payments routed via specific payment processors, government and utility categories marked as excluded, EMIs, interest, fees, charges and disputed or reversed transactions.
These exclusions are defined in HSBC’s cashback programme terms. Use a different card for fuel and high-value government or rental transactions to maximise rewards.
Fees & Charges of HSBC RuPay Cashback Credit Card
| Fee & Amount | Fee Value |
|---|---|
| Joining Fee | ₹499 |
| Annual Fee | ₹499 |
| Forex Markup Fee | 0 |
| Cash Advance Fee | 2.5% |
| Late Payment Fee | ₹1,200 |
| Over Limit Fee | 3% |
| Returned Payment Fee | ₹350 |
| Cash Withdrawal Fee | 3% |
Renewal Conditions:Annual fee of ₹499 is waived when your eligible annual retail spends exceed ₹2,00,000 in a card anniversary year.
Fee Explanation Standard HSBC credit card charges apply: cash advance fee 2.5% of the transaction amount (minimum ₹300–₹500), late payment fee 100% of Minimum Payment Due with a minimum of ₹250 and maximum of ₹1,200, and overlimit fee 2.5% of the overlimit amount or ₹500 (whichever is higher), plus GST. Forex mark-up is currently 0% on eligible international transactions made with this card until 31 December 2025; standard foreign currency mark-up (around 3.5%) may apply after the promotional period as per HSBC’s latest MITC.
Detailed Explanation of HSBC RuPay Cashback Credit Card Fees
Returned Payment / Dishonour Fee: ₹350 (per instance)
Applies if cheque, standing instruction or ECS mandate used to pay the card bill is returned or dishonoured.
Joining Fee: ₹499 + GST (one-time)
Charged in the first statement after card issuance; may be offset by welcome cashback and partner benefits.
Annual Fee: ₹499 + GST (yearly)
Waived when eligible annual retail spends exceed ₹2,00,000 in the previous card anniversary year.
Cash Advance Fee: 2.5% (min ₹500) (transaction)
Applies to ATM and over-the-counter cash withdrawals; finance charges apply from the transaction date until full repayment.
Late Payment Fee: ₹250–₹1,200 (per statement)
Charged at 100% of Minimum Payment Due if unpaid within 3 days of due date; minimum ₹250 and maximum ₹1,200 per month.
Overlimit Fee: 2.5% of overlimit (min ₹500) (per occurrence)
Applied when total outstanding exceeds the assigned credit limit; subject to GST.
Foreign Currency Mark-up: 0% (transaction)
0% forex mark-up on eligible international transactions made with this card until 31 December 2025; standard HSBC forex mark-up likely to apply after the promo period as per latest MITC.
Lounge Access Benefits with HSBC RuPay Cashback Credit Card
domestic Lounges
silverVisits per year: 8
Guest access: No
Up to 2 complimentary domestic lounge visits per quarter for the primary cardholder at participating RuPay / JCB lounges. Visits are subject to RuPay lounge programme rules; excess visits are chargeable as per lounge tariff.
international Lounges
silverVisits per year: 2
Guest access: No
Up to 2 complimentary international lounge visits per year for the primary cardholder at select JCB partner lounges. Guest visits are usually chargeable separately; list of eligible lounges and access rules can change and should be checked before travel.
Insurance Coverage with HSBC RuPay Cashback Credit Card
Lost Card Liability
Up to ₹3,00,000Covers unauthorised transactions made on the card within a specified period before reporting loss to HSBC and thereafter, as per the ICICI Lombard group policy terms. Cardholder must promptly report loss or theft to HSBC and file required documents.
Travel Inconvenience and Card Protection
Benefit-based as per group policySelected HSBC cards are covered for travel-related inconveniences such as delayed flights, loss of travel documents and cash in transit, subject to the insurance policy associated with your card and issuer’s latest terms. Coverage is provided by ICICI Lombard and is subject to change.
Purchase Protection
Typically up to ₹50,000Protects high-value retail purchases made on the card against fire, burglary or theft for a limited period from purchase date, as per policy wording. Exact coverage and claim limits are governed by the current HSBC credit card insurance programme.
Additional Features of HSBC RuPay Cashback Credit Card
UPI Credit Card Integration
Link the HSBC RuPay Cashback Credit Card to UPI apps such as HSBC SimplyPay, Google Pay, PhonePe, Paytm and Amazon Pay for QR, VPA and mobile-number based payments.
UPI PIN setup required. Cashback accrues on eligible UPI transactions only; excluded categories do not earn rewards.
Contactless Payments
Tap-to-pay enabled for quick NFC payments at supported POS terminals in India and overseas.
Contactless transactions under the regulator-defined limit may be completed without PIN; higher amounts require PIN as per RBI guidelines and HSBC settings.
Instant EMI and Cash on EMI
Convert large purchases or cash-on-EMI transactions into easy monthly instalments directly through HSBC Internet Banking or the mobile app.
Transaction amount, tenure eligibility and processing fee are as per HSBC Instant EMI and Cash on EMI product terms and applicable interest rates.
Global JCB Network Acceptance
Use the RuPay JCB co-badge to transact in over 160 countries and regions at JCB-enabled merchants and ATMs.
Card must be enabled for international usage. 0% forex mark-up offer is time-bound; after expiry, standard charges may apply on international transactions.
Add-on Cards
Issue supplementary cards for close family members to consolidate spends and cashback benefits.
Primary cardholder remains fully liable for all add-on card spends. Age and KYC rules for add-on holders apply as per HSBC norms.
Welcome Bonus with HSBC RuPay Cashback Credit Card
Welcome Bonus: ₹500 cashback, ₹250 Amazon voucher and 2-month EazyDiner membership
Bonus Conditions: ₹500 cashback on spending ₹10,000 within 30 days via HSBC India app; Amazon eGift voucher on successful online application and Video KYC; 2-month EazyDiner membership on RuPay credit card activation. All offers subject to HSBC promo T&Cs and may change over time.
Application Process for HSBC RuPay Cashback Credit Card
Processing Time
Typically 5-7 working days after successful Video KYC and document verification.
Online Application
Available
Instant Approval
Not Available
Step-by-Step Process
On approval, your RuPay Cashback Credit Card is printed and dispatched to your registered address, after which you can activate it and link it to UPI apps.
Visit the HSBC India website and navigate to the HSBC RuPay Cashback Credit Card product page.
Click on Apply Now and complete the online application form with your personal, contact and employment details.
Upload KYC and income documents, and schedule or complete Video KYC (VKYC) as guided by HSBC.
Wait for HSBC to run internal credit and eligibility checks; respond to any verification calls or queries.
Required Documents for HSBC RuPay Cashback Credit Card
ID Proof
allAccepted documents:
Address Proof
allAccepted documents:
Income Proof
salariedAccepted documents:
HSBC RuPay Cashback Credit Card Merchant Acceptance Network
Domestic Acceptance
Wide acceptance across India at RuPay-enabled POS terminals, e-commerce merchants and UPI QR codes.
International Acceptance
Accepted in over 160 countries and regions at JCB-enabled merchants and ATMs through the RuPay–JCB global network.
Online Acceptance
Supported for Indian e-commerce, bill-payment and travel platforms that accept RuPay credit cards.
Payment Technologies
Mobile Wallet Support:
Excluded Merchants
Eligibility Criteria for HSBC RuPay Cashback Credit Card
Quick Eligibility Check
Minimum Age
18+
Credit Score
700+
Citizenship
Indian resident only
Income Requirements
Salaried Applicants
₹600,000
Minimum annual income
Self-Employed Applicants
₹0
Minimum annual income
Who Can Apply
Important Conditions
- Applicant must be an Indian resident aged 18 to 65 years with minimum annual income of ₹6,00,000 (salaried) and residing in mapped cities such as Mumbai, Delhi NCR, Bengaluru, Chennai, Hyderabad, Pune, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, Kolkata, Gurgaon and Noida. Currently issued primarily to salaried individuals. Valid PAN, Aadhaar, and full KYC are mandatory. Approval remains subject to HSBC’s internal policies and credit checks.
How Approval Is Decided
- Indian resident aged between 18 and 65 years.
- Minimum annual income of ₹6,00,000 for salaried applicants, as per HSBC’s current policy.
- Stable employment in acceptable organisations and residing in HSBC’s mapped cities.
- A good credit profile with a recommended credit score of 700 or above and clean repayment history.
- Satisfaction of HSBC’s internal risk, KYC and fraud-prevention norms.
Pros of HSBC RuPay Cashback Credit Card
- High 10% cashback rate on dining, grocery and food delivery spends, including eligible UPI transactions.
- 1% cashback on other eligible spends keeps rewards simple and easy to understand.
- Up to 10 complimentary airport lounge visits per year via RuPay and JCB lounge networks.
- Time-bound 0% forex mark-up on international transactions makes overseas card usage cheaper.
- Low joining and annual fee with an achievable ₹2 lakh annual-spend waiver condition.
- Strong UPI-first design ideal for customers who prefer to pay via QR and mobile apps.
Cons of HSBC RuPay Cashback Credit Card
- Total monthly cashback is capped at ₹400, which limits value for very high spenders.
- No cashback on fuel transactions, international spends under the cashback exclusions and other blocked categories.
- Card is currently targeted at salaried applicants with a minimum annual income of ₹6 lakh and residents of select cities only.
- Benefits like 0% forex mark-up are promotional and may change or be withdrawn after the stated end date.
- No reward points or air mile conversions; the product is strictly cashback-based.
Frequently Asked Questions about HSBC RuPay Cashback Credit Card
What cashback do I earn with the HSBC RuPay Cashback Credit Card?
You earn 10% cashback on dining, food delivery and grocery spends, and 1% cashback on all other eligible spends, including eligible UPI payments. The total cashback you can earn in a statement month is capped at ₹400 and is credited as a statement credit against your outstanding balance.
Is there a joining fee and annual fee on the HSBC RuPay Cashback Credit Card?
Yes, the card charges a joining fee of ₹499 plus GST and an annual fee of ₹499 plus GST from the second year onwards. The annual fee is waived when your eligible annual retail spends exceed ₹2,00,000 in the preceding card anniversary year.
How do I link my HSBC RuPay Cashback Credit Card to UPI?
You can add your HSBC RuPay Cashback Credit Card in the HSBC SimplyPay app or any supported UPI app. Select HSBC Bank from the bank list, choose the RuPay credit card option, authenticate with OTP, set a 6-digit UPI PIN and start scanning QR codes or paying via VPA and mobile number. Eligible UPI transactions will earn cashback as per the card’s earning structure and exclusions.
Does the HSBC RuPay Cashback Credit Card offer airport lounge access?
Yes. You get up to 10 complimentary airport lounge visits per year – typically 2 domestic visits per quarter (8 per year) plus 2 international lounge visits annually via the RuPay and JCB lounge networks. Complimentary lounge access is available only to the primary cardholder at participating lounges and is governed by RuPay / JCB programme rules and HSBC’s latest terms.
Is there really 0% forex mark-up on international transactions with this card?
Currently HSBC is offering 0% forex mark-up on eligible international transactions made with the HSBC RuPay Cashback Credit Card until a specified end date (for example, 31 December 2025). This means HSBC does not add its usual forex mark-up during the offer period, although network charges and currency conversion by the scheme may still apply. After the offer ends, standard foreign currency mark-up as per HSBC’s MITC is likely to apply, so you should always check the latest HSBC India website or MITC PDF before travelling.
Who should apply for the HSBC RuPay Cashback Credit Card?
This card is best suited for salaried users who spend regularly on dining, groceries and food delivery, prefer making most day-to-day payments via UPI and want a simple, low-fee cashback credit card with lounge access and a temporary 0% forex mark-up. If you are a very high spender looking for uncapped cashback, air miles or premium travel privileges, a higher-end HSBC card or dedicated travel card may be a better fit.
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