HSBC Smart Value Card offer valuable additional reward points on online shopping, dining and telecom.
HSBC Smart Value Credit Card Benefits
Joining Benefits :
- Get Rs 2,000 Cleartrip voucher (Domestic Flights) &
- Rs 250 Swiggy voucher on your first successful transaction of any amount within 30 days of credit card issuance.
- INR250 Amazon gift voucher on first transaction of any amount within 30 days of credit card issuance
- Get 10% cashback for making a minimum of 5 purchase transactions, totalling to INR5,000 or more during the first 60 days of issuance subject to a maximum cashback of INR1000. Eligible cashback will be credited within 60 days after completion of 60 days from credit card issuance.
- Get a BookMyShow voucher worth INR200 on spending over INR15,000 in a calendar month. Cardholders can receive vouchers worth up to a maximum of INR1200 in a calendar year (1st January to 31st December
- Reward points as per details in Reward section below.
- Air Miles conversion on JetPrivilege and Singapore Airlines
- Milestone Benefits: N/A
- Lounge Access (Domestic):N/A
- Movie Tickets: NA
- Restaurant Offers: Up to a 15% discount at over 1,000 restaurants across major cities. See the list of participating vendors at
- Railway Surcharge waiver: N/A
- Fuel surcharge waiver at any fuel pump across India for transactions between INR400 and INR4,000 (maximum INR250 per calendar month).
- Other Partner Offers on all HSBC Credit cards. See latest offers
- Get 1 reward point for every INR100 spent.
- Earn 3 Times Rewards (3X) on all spends on online, dining, and telecom categories. (Capped at 1,000 incremental Reward Points per month).
- Reward value is 1 reward point = approx Rs 0.33 – –So you get approx 0.33% worth of reward value
- For specialised spending, you get approx 1% worth of points
- Reward catalogue: https://www.hsbc.co.in/1/2/personal/credit-cards/rewards-catalogue
HSBC Smart Value Credit Card Fees
- Joining fees: Rs 0
- Annual Fee: Rs 499 (waived for annual spending of INR50,000 or more). If the cardholder is levied the annual fees, they will receive an Amazon gift voucher worth INR500
How to Apply – You can apply online at HSBC website
- You must be aged between 18 to 65
Minimum annual income must be INR4,00,000 per annum for salaried individuals
Current city of residence should be: Bangalore, Chennai, Gurgaon, Hyderabad, Mumbai, New Delhi, Noida, or PuneSalary slip / certificate if you are a Multinational Corporation (MNC) employee.
A copy of the front of your credit card and your latest credit card statement (applicable if you have other credit cards).
Copy of your latest salary slip, plus the last 3 months of bank statements showing salary credits if you are a salaried employee in a Private Limited Company.
Proof of residence, identity and Permanent Account Number (PAN) card / Form 60.
HSBC Smart Value credit card is free credit card (annual fees is waiver or you get amazon vouchers in return). It offers good joining benefits, but the points accrual on regular purchases are not that great, and it offers reward worth 1%. It may be good for a free credit card.