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HSBC India

Classic · Smart Value

Visa Classic credit

HSBC Smart Value Credit Card

HSBC India

Zero annual fee, 3X rewards on online shopping

Annual Fee
Free
Joining Fee
Free
Reward Rate
0.3%
Forex Markup
3.5%

Value Analysis

Annual Net Value
₹4,000
Total Annual Benefits
₹4,000
Total Annual Charges
₹0
ROI
9999%
Fee Waiver Available

No annual fee — lifetime free card — ₹0 annual spend

Card Analytics

Visual breakdown of value, benefits, and limits

Value Breakdown

Benefits Distribution

Transaction Limits

Card Scorecard

Charges Breakdown

No charges applicable

Benefits & Perks

Shopping Benefits (1)
3X Reward Points on Online Shopping
Earn 3X reward points on all online shopping transactions including e-commerce and app-based purchases
  • All online shopping transactions
3X RP
Reward Points (1)
1X Reward Points on Other Spends
Earn 1 reward point per ₹100 on all other retail purchases
  • Excludes cash advances and quasi-cash
1 RP per ₹100
Fuel Benefits (1)
Fuel Surcharge Waiver
1% fuel surcharge waiver on fuel transactions
  • Valid on transactions ₹400–₹4,000
  • Max ₹250 per statement cycle
1% waiver
₹3,000/yr

Reward Program

Program
HSBC Reward Points
3X online shopping, 1 RP per ₹100 other
Effective cashback: 0.25%
Points expire: 3 years from date of accrual
Redemption Options
  • Gift cards and vouchers
  • Merchandise from rewards catalogue
  • Statement credit
  • Mobile recharge
Bonus Categories
Online Shopping
3x multiplier
3X reward points on online shopping
Others
1x multiplier
1 reward point per ₹100 on other spends

Fees & Charges

Charge Amount
Joining Fee Free Free — Lifetime Free Card
Annual Fee Free Free — Lifetime Free Card
Add-on Card Fee Free Free

Transaction Charges

Forex Markup
3.5%
Interest Rate (Monthly)
3.15%
Late Payment Fee
₹1,000
Cash Advance Fee
2.5%

ATM Charges

Own Bank Withdrawal
₹20
Other Bank Withdrawal
₹20
Intl. Withdrawal Fee
2.5% + ₹125

Fuel Surcharge Waiver

1% waiver on transactions between ₹400 – ₹4,000. Max waiver: ₹250/cycle.

Eligibility

Requirements

Min. Monthly Income
₹20,000
Min. Annual Income
₹2,50,000
Min. Credit Score
650
Age Range
21 – 60 years
Employment
Salaried, Self-Employed

Notes

  • Salaried: Gross Monthly Income > ₹20,000
  • Self-Employed: ITR > ₹2.5 Lakh p.a.
  • Subject to credit assessment

Airport Lounge Access

Domestic

0 visits/year

Not included

International

0 visits/year

Not included

  • Lounge access not included with this card

Transaction Limits

ATM Withdrawal / Day
₹20,000
POS & E-Commerce / Day
₹1,50,000
Contactless / Txn
₹2,000

Features

Contactless payments EMV chip security Domestic usage Add-on cards available EMI conversion facility Lifetime free — no annual fee 3X rewards on online shopping HSBC mobile app and internet banking

EMI Options

Min. Transaction
₹2,500
Interest / Month
1.5%
Tenure Options
3, 6, 9, 12, 18, 24 months
Processing Fee
1%

Ready to Apply?

The HSBC Smart Value Credit Card is a lifetime-free credit card offering 3X reward points on online shopping and 1X on all other spends. With no annua...

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