Top 2 HSBC Lifetime Free Credit Cards in India

Did you know some credit cards can charge you over ₹1,00,000 as a joining and annual maintenance fee? This is where lifetime free credit cards come into play. With them, you can easily avoid paying these fees.

HSBC offers its customers two lifetime free credit card options. It includes the Visa Platinum Credit Card and the RuPay Platinum Credit Card. With these cards, you can enjoy rewards and perks while maintaining a good cash flow.

Keep reading to know more about the HSBC lifetime free credit card and how it can benefit you or your business!

List of 2 HSBC Lifetime Free Credit Cards

1. HSBC Visa Platinum Credit Card

The HSBC Visa Platinum Credit Card is a free lifetime credit card that targets customers who want to enjoy benefits for their lifestyle spending.

This credit card is available in some of the select cities of India to Indian residents only.

• Welcome Benefit

You can get a complete reward package when you join, including 2,000 reward points after spending ₹5,000 within the first 30 days.

Moreover, you also get a 3-month Swiggy One membership and a ₹250 Amazon eGift Card for a successful online application and verification.

• Basic Reward Points

You can earn 2 reward points for every ₹150 spent on everyday purchases that you make with your HSBC Visa Platinum Credit Card.

• Accelerated Reward Points

You can get 6 times the usual reward points on hotels, flights, and car rentals.

• Air Miles Conversion

With the benefit of conversion, you can easily convert your reward points into air miles.

You can do this through the HSBC India Mobile Banking app and book flights with Air India, Etihad Airways, British Airways, and Singapore Airlines.

• Fuel Surcharges Waiver

With this, you can save more on your fuel expenses. Get up to ₹250 per month on fuel spends between ₹400 and ₹4,000.

Additionally, you can also get ₹250 cashback per quarter when you pay for fuel using the contactless tap-and-pay feature.

• Complementary Rewards

With the complimentary 12-month Times Prime subscription, you can unlock premium memberships, such as Discovery+, Uber One, and JioHotstar. Additionally, you can also get free flight seat selections twice a year on domestic MakeMyTrip bookings and 15% hotel cashback via the MakeMyTrip Wallet.

2. HSBC RuPay Platinum Credit Card

This credit card targets individuals who prefer making digital or UPI payments. This card offers international access through the JCB network, allowing users to make payments and withdraw cash in many different countries.

• Welcome Benefit

You get ₹500 cashback on spending ₹5,000 within the first 30 days. Moreover, you receive a ₹250 Amazon eGift Voucher and unlock a complimentary two-month EazyDiner membership.

• UPI Integration

The HSBC RuPay Platinum Credit Card offers UPI integration. Moreover, each UPI transaction with this card also earns you reward points.

• International Access

With this card under the JCB network, you can get international access across more than 160 countries and regions. This card also offers secure transactions and ATM withdrawals.

• Fuel Surcharge Waiver

In a year, you can save up to ₹3,000 with this card’s fuel surcharge waiver. The waiver applies to fuel transactions between ₹400 and ₹4,000, capped at ₹250 per month.

• Reward Points and Conversion

The HSBC RuPay Platinum Credit Card offers 2 reward points for every ₹150 spent. You can easily convert these points into air miles or hotel loyalty points using the HSBC India Mobile Banking app.

• Shopping and Travel Benefit

You can enjoy 10% off on Swiggy Instamart grocery deliveries above ₹500, 10% off up to ₹1,000 on Tira beauty and skincare purchases above ₹2,499 every Wednesday, and 5% savings on Paytm bill payments for utilities, broadband, or gas.

For travel, this card offers discounts of up to ₹6,000 on flights and hotel bookings through Cleartrip.

Also read: Best Yes Bank Credit Card

Fee and Charges for HSBC Lifetime Free Credit Card

Joining Fee	NIL
Annual Fee	NIL
Free Credit Period	Up to 48 days
Finance Charges	3.75% per month
Late Payment Fee	100% of the Minimum Payment Due (MPD) (minimum of ₹250 and maximum of ₹1,200 per month)
Foreign Currency Transactions Charges	3.5%
Transaction fee for cash withdrawal at ATMs (overseas)	₹100
Transaction fee for cash withdrawal at non-HSBC ATMs (India)	NIL
Over Limit Fee	2.5% of the over limit amountor ₹500 (whichever is higher) + applicable GST

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Eligibility Criteria to Get an HSBC Lifetime Free Credit Card

Citizenship	Indian
Age Requirement	Between 18 and 65 years old
Income Requirement	Minimum annual income of ₹6,00,000 for salaried individuals
Location Requirement	Delhi National Capital Region (NCR) Mumbai, Bangalore, Chennai, Hyderabad, Pune, Noida, Gurgaon, Coimbatore, Kochi, Jaipur, Kolkata, Chandigarh, and Ahmedabad

How to Apply for an HSBC Lifetime Free Credit Card?

After checking the eligibility criteria, if you qualify and want to apply for an HSBC lifetime free credit card, then you can follow the following steps:

• Step 1: Decide which lifetime credit cards you want to apply for. Evaluate your needs and match them with the rewards and perks of the card.
• Step 2: Visit the website for that card on the HSBC website and navigate to the ‘Apply for XX Card’ section.
• Step 3: You will be faced with a 6-step process of application. Read all of the instructions carefully and start the process.
• Step 4: Fill in your name as per your Aadhaar card, mobile number, email address, and other info. Click on Generate OTP.
• Step 5: Fill in your personal details and employment details.
• Step 6: Review all of the details that you have filled in and rectify any errors.
• Step 7: Add the additional details the page asks for.
• Step 8: Read and agree to the terms and conditions and click on Submit.

Please note that customers of HSBC who have a savings or current account can apply for an HSBC lifetime free credit card.

How Can MSMEs Take Advantage of an HSBC Lifetime Free Credit Card?

1. Zero Operating Cost

Unlike many business or corporate cards, a lifetime free card carries no annual fees, which directly reduces a small business's expenses.

Moreover, MSMEs can acquire the card without any joining fees, ensuring there is no initial financial burden to begin using it.

2. Improved Working Capital Management

You can benefit from an interest-free period of up to 48 days on purchases. This helps manage your working capital more effectively, allowing you to pay suppliers later while retaining cash for other business needs.

On top of this, you can also convert significant expenses over ₹2,000 into affordable EMIs. This helps manage cash flow when buying electronics, machinery, or other high-value assets.

3. Appropriate Use of Rewards

You can use the card for everyday business expenses, which comes with the return of reward points. You can later use these points in shopping, travel, or anything else related to your business.

Moreover, perks such as a fuel surcharge waiver can help delivery or transport-based businesses.

4. Increased Control

Finally, you can enjoy free card replacements within 24 hours of reporting a lost or stolen card anywhere in the world. This proves to be critical and acts as a layer of security for the business.

Moreover, this also ensures minimal disruption to business operations.

Conclusion

The HSBC lifetime free credit card includes the HSBC Visa Platinum Credit Card and the HSBC RuPay Platinum Credit Card. Small businesses can use these credit cards to enjoy several benefits, such as reward points, fuel surcharge waiver, travel and shopping benefits, and more.

You can easily apply online to get one of these credit cards.

If you are wondering how to get the maximum advantage of using these HSBC credit cards, just download the Pice app. Make HSBC credit card bill payments without any delay and keep track of other business payments as well, all in one place!

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