HSBC Platinum Rewards Credit Card - Features, Benefits, Fees & Charges

Best For

Travel

Joining/Annual Fees

Joining Fees

₹0 ( ₹0 + GST )

N/A

Annual Fees

₹0 ( ₹0 + GST )

N/A

Eligibility

Age Criteria

18-65 years

Salary Criteria

6 LPA

Credit Rating*

720+

See if you are eligible for this card

How to redeem?

Rewards Conversion Rate

1 reward point = ₹0.50

Redemption Options

You can redeem your reward points:

Vouchers
Airmiles

To check redemption catalogue

All Card Benefits

All Benefits

Earn 2 Reward Points for every ₹150 spent on eligible transactions
Redeem your reward points for air miles with leading airlines such as Air India, Etihad Airways, British Airways, Singapore Airlines and more
Earn 5X Reward Points on purchases after spending ₹4,00,000 in an anniversary year, capped at 15,000 accelerated Reward Points

Bank Exclusions

You will not earn points / cashback on spends in the following categories

For Points / Cashback Earnings

Rent Payment

Insurance

Cash Withdrawls

School & Educational Services

GST Charges

Tolls

For Spends Waiver

Rent Payment

Insurance

Cash Withdrawls

School & Educational Services

GST Charges

Tolls

Bank Fee Structure

Structure	Details
Forex Markups 3.5% Forex Markups are levied if you use your card to make payment in any currency other than INR. This fee will be levied if you shop on any ecomerce website which accepts payment in currency other than INR or if you make a payment outside of India using a POS. Below mentioned table gives forex markup for most common spends Rs 100 - Rs 3.5 Rs 1000 - Rs 35 Rs 10,000 - Rs 350 Rs 1,00,000 - Rs 3500	3.5%
APR Fees 3.5% monthly fee. Credit cards allow you for a interest free payment period of 20-55 days. However, if you fail to make payment for your statement in due time then bank starts charging interest. A simple way to avoid heavy interest rates over long time is to convert your large spends in EMIs. Normally bank charges 16% p.a interest on EMIs however if you fail to pay in time then annual interest can reach upto 42%	3.5%
ATM Withdrawl	2.5%
Reward Redemption Fees
Link for all T&Cs	Click Here
Railway Surcharge
Rent Payment Fees	1%
Cheque Payment Fees	₹100
Cash Payment Fees Rs 250 + taxes will be charged for all payments done via Cash	₹250

Late Payment Fees Late Payment charges will be applicable if Minimum Amount Due is not paid by the payment due date.	Amount Due
₹0 - ₹500	₹0
₹501 - ₹1000	₹400
₹1001 - ₹10000	₹ 750
₹10000 - ₹25000	₹ 950
₹25001- ₹ 50000	₹ 1100
₹50000 and above	₹1300