HSBC Cashback
Issuer: HSBC
Network: Visa | Tier: Mid-Range
The HSBC Cashback Credit Card offers a straightforward 1.5% unlimited cashback on all purchases with no categories to track. The cashback is directly credited to your statement, making it one of the simplest and most transparent cashback cards in India.
Fees & Charges
| Annual Fee | ₹750 + GST (waiver on ₹1 lakh spend) |
|---|---|
| Joining Fee | ₹750 + GST |
| Interest Rate | 3.49% per month |
| Foreign Markup | 3.5% + GST |
| Fuel Surcharge Waiver | 1% waiver on ₹400-₹10,000 |
Rewards & Benefits
| Reward Rate | 1.5% unlimited cashback |
|---|---|
| Welcome Bonus | ₹750 cashback on first spend |
| Lounge Access | None |
| Best For | Those who prefer simple, unlimited cashback |
Key Highlights
- 1.5% unlimited cashback on all spends
- No categories to track - simple cashback
- Cashback credited to statement directly
- Annual fee waiver on ₹1 lakh spend
- Surcharge waiver on utilities
Eligibility Criteria
- Minimum income ₹4 lakh per annum
- CIBIL score 700+
- Age 21-60 years
Minimum Income Required: ₹4,00,000+ per annum
Pros
- Simple 1.5% on everything
- No categories to track
- Statement credit cashback
- Easy fee waiver
- Utility surcharge waiver
Cons
- No lounge access
- 1.5% can be beaten by category cards
- HSBC has limited branches
- Foreign markup is high
Expert Rating: 4.1/5