If you are one of those people who just love to shop or have to do a lot of shopping, then the HSBC Cashback Credit Card is designed just for you. This card offers unlimited cashback to its users on all popular spending categories, which means, there is no limit to how much cashback benefits you can earn for a single transaction or in a day.
Currently, the HSBC Cshback Credit Card has a bouquet of introductory offers and several ongoing deals with multiple brands. Take a moment to compare this card with similar credit cards and you might just discover the best addition to your wallet yet.
Rewards and Benefits of the HSBC Cashback Credit Card
Unlimited Cashback without Maximum Caps
The HSBC Cashback Credit Card is generally best suited for Cashbacks but there are many other benefits that you enjoy if you are a user of this card. HSBC Cashback Credit Card allows you to earn cashback for all your purchases. Once you go shopping, online or otherwise, you can do it without having to worry about reaching a maximum spending limit for cashback rewards.
You earn 1.5% cashback on all your online expenditure and 1% Cashback on all other purchases. You can also get cashback if you use the Instant EMI facility at selected merchants. The cashback will be credited to your credit card account within 45 days of your billing date.
Welcome Offers
HSBC Cashback Credit Card welcome offers will vary from time to time, therefore always check the HSBC bank website to be able to make the most of your offers. For the period, 1st October 2022 to 30th December 2022, HSBC Cashback Credit Card has some generous offers for its new users.
Note that these Welcome benefits can be availed on a single transaction of a minimum of Rs.2,500 within 30 days of card issuance: Amazon vouchers (worth Rs.500); SonyLiv 12-month membership; Myntra vouchers INR300 x 5 (worth Rs.1,500); Swiggy voucher (worth Rs.500); Ajio vouchers Rs. 600 x 5 (worth Rs. 3,000); Get an Amazon voucher worth Rs. 250 on completing the online credit card application and Video KYC; 3 complimentary airport lounge access at domestic and international lounges or 3 meal-vouchers.
Exclusive Monthly Offers
You can also enjoy some ongoing offers on HSBC Cashback Credit Cards. The bank update these offers every month, hence, you are required to keep a check on the bank’s website timely to maximize your benefits. Here are the exclusive ongoing offers for the current month:
Amazon Offer: 5% discount (Max. Rs. 250) on your Amazon spends of Rs. 1,000 or above. This offer is not valid during the Amazon Great Indian Festival Sale period. Amazon Pay Bill Payment Offer: Flat Rs. 50 off on post-paid utility payments of Rs. 500. This offer can be availed 4 times in a calendar month. You can get a maximum discount of Rs. 200 in a calendar month. EazyDiner Offer: 30% instant discount, up to Rs. 600. This offer is valid once a month per card on a minimum order value of Rs. 1,000.
Blinkit Offer: Flat 10% discount (Up to Rs. 100) on your orders via Blinkit. The maximum discount that can be availed in a month is Rs. 300 across the first 3 eligible transactions in a calendar month. Promo code: HSBC10. PharmEasy Offer: Flat 10% off (Up to Rs. 150) on ordering prescribed medicines along with the complimentary 3-month PharmEasy plus membership.
Other Benefits
Annual Fee waived off 2nd year onwards if the total annual spending is 1 lakh and above. Up to a 15% discount at over 1,000 restaurants across major cities. 5% discount on spending Rs.1,000 or above (Maximum discount of Rs.250 per card per month, no restriction on the number of transactions). Contactless payments can be done via VISA Paywave technology.
Is the HSBC Cashback Credit Card a good fit for you?
If you do a lot of shopping, and most of it is done online, then you should definitely get this card because it offers you 1.5% unlimited cashback on all your purchases. The more you spend, the more cashback you will get. Note that this card comes with Rs. 750 annual fees, so if you are looking for a credit card that will help improve your credit limit, this card may not be the most suitable for you.
Conclusion
Today, you can buy basically anything online. While the older generation may have been a bit slow in embracing online shopping, the millennials have taken up online shopping as a way of life. HSBC Cashback Credit Card rewards you for ‘online’ expenses, it covers almost all the popular categories such as travel, food, shopping, lifestyle, etc.
This means that if you like to shop online but do not want to be limited to a particular website then this is a good pick. 1.5 % cashback is a pretty good offer. 1% flat cashback on offline expenses is also a good deal but not a great one as other cards like Axis Ace and Flipkart Axis give you better rates at lower annual fees.
