HSBC RuPay Cashback Credit Card – Benefits, Fees & Eligibility

Introduction

The HSBC RuPay Cashback Credit Card, issued by HSBC, is a mid-range credit card designed for everyday spending, offering significant cashback benefits and seamless integration with the RuPay network for UPI payments. It provides a compelling value proposition with 0% foreign currency markup for a limited period, complimentary airport lounge access, and a robust cashback program across popular spending categories like dining, food delivery, and groceries. The card also leverages the JCB network for international transactions, making it versatile for global use.

Welcome Benefits

• INR 500 Cashback: Get INR 500 cashback upon downloading and logging into the HSBC India Mobile Banking app and spending INR 10,000 within 30 days of card issuance.
• INR 250 Amazon eGift Voucher: Receive an INR 250 Amazon eGift Voucher when applying online, completing video KYC (VKYC), and receiving the card. This offer is valid from January 1, 2026, to October 31, 2026. The voucher (WinPin code) will be sent to the registered email ID within 45 days of the offer end (by December 15, 2026) and is valid for 6 months from issuance.
• 2-Months EazyDiner Membership: Enjoy a complimentary 2-month EazyDiner membership upon activating the RuPay credit card.
• INR 250 Cashback for UPI: Get INR 250 cashback when linking the card to UPI and making 2 transactions of INR 250 or more within 30 days of card issuance.

Fees & Charges Breakdown

• Joining Fee: INR 499
• Renewal Fee: INR 499
• Spend-Based Waiver Threshold: The annual fee is waived if you spend more than INR 200,000 per year.
• Foreign Currency Markup: 0% on transactions until July 31, 2026.
• Reward Redemption Fee: Not specified.
• Fuel Surcharge Waiver Rules: Not specified. However, fuel-related transactions are excluded from cashback earnings.
• Cash Advance Charges: Not specified.
• Add-on Card Fee: Not specified.

Rewards & Cashback Structure

• Earning Rate:
  • 10% cashback on dining, food delivery, and grocery spending.
  • 1% cashback on all other eligible spends.
• Monthly Cashback Cap: Earn up to INR 400 cashback on spending every month.
• Cashback Exclusions: Cashback is not earned on the following categories (based on MCC categorization):
  • Fuel related (MCC 5541, 5983, 5172, 5542, 5552)
  • E-wallets (MCC 6540)
  • Payment of property management fees, rental commissions, rental payments, or any such payments made through MCCs 6513, 7012, 7349
  • Business to business transactions made through MCCs 7399, 7311, 7372, 5045, 5047, 5065, 5072, 5111, 5013, 2741, 5137, 5192, 5193, 5131, 7361, 5085, 7333, 5039, 7379, 5021, 5199, 5122, 5099, 5198, 5139, 7829, 7395, 5051, 5046, 5169, 7375, 5074, 8734, 5044, 2842, 2791
  • Education and government related transactions carried out through MCCs 9399, 8299, 8220, 8211, 8241, 9311, 8244, 8249, 9222, 9402, 9211, 9405, 9950, 9223, 8351
  • Insurance (MCC 6300, 5960)
  • Jewellery and antique items (MCC 5944, 5094, 5932, 5937)
  • Gambling (MCC 7995)
  • Tolls and bridge fees (MCC 4784)
  • Cash withdrawals, credit repayments, foreign currency, liquid and cryptocurrency assets (MCC 6011, 6010, 6012, 6051)
  • Security broker services (MCC 6211)
  • Collection agencies (MCC 7322)
  • Charity (MCC 8398, 8641)
  • Money transfers (MCC 4829)
  • Wholesale clubs (MCC 5300)
  • Utilities – electric, gas, water and sanitary (MCC 4900)
• Redemption Options: Cashback is credited directly.

Travel, Lounge & Lifestyle Perks

• Airport Lounge Access:
  • Up to 2 complimentary domestic airport lounge visits per quarter.
  • Up to 2 complimentary international airport lounge visits per year.
  • For details on participating domestic lounges, visit rupay.co.in/lounges.
  • For details on participating international lounges, visit loungekey.com/rupay.
• International Access: Use ATMs and make payments in over 160 countries and regions worldwide, powered by the JCB network.
• Dining Discounts:
  • Enjoy 2-months EazyDiner membership (as part of welcome benefits).
  • Access exclusive discounts and offers with RuPay.
  • Access global discounts, offers, and experiences with the JCB network.
• Shopping Discounts:
  • Access exclusive discounts and offers with RuPay.
  • Access global discounts, offers, and experiences with the JCB network.
• Bill Payment Offers: Get 5% off transactions of INR 299 or more on mobile (prepaid and postpaid), broadband, DTH, water bills, gas cylinders, piped gas bills, FASTag, and electricity bills via Paytm (maximum discount INR 150) using promo code HSBCRUPAY.
• Travel Discounts: Get discounts up to INR 6,000 on flights and hotels via Cleartrip. Use coupon code HSBCRPCC for full swipe transactions and HSBCRPEMI for EMI transactions.

Card Eligibility Criteria & Income Requirements

• Minimum Age:
  • 18 to 65 years old for salaried individuals.
  • 25 to 65 years old for self-employed individuals.
• Minimum Income:
  • INR 600,000 per year for salaried individuals.
  • INR 1,200,000 per year for self-employed individuals.
• Residency: Must be an Indian resident.
• Residential Locations: Must reside in Chennai, Gurgaon, Delhi National Capital Region (NCR), Pune, Noida, Hyderabad, Mumbai, Bengaluru, Kochi, Coimbatore, Jaipur, Chandigarh, Ahmedabad, Kolkata, Amritsar, Baroda, Indore, Lucknow, Nagpur, or Surat.

Important Product Details

• Positive Highlights:
  • Strong cashback program on key spending categories (dining, food delivery, groceries).
  • 0% foreign currency markup for a limited period.
  • Seamless UPI integration for easy and rewarding payments.
  • Complimentary domestic and international airport lounge access.
  • Global acceptance through the JCB network.
  • Exclusive discounts and offers from RuPay, JCB, Paytm, and Cleartrip.
• Negative Highlights:
  • Monthly cap on cashback earnings (INR 400).
  • Extensive list of categories excluded from cashback.
  • 0% forex markup is a limited-time offer (until July 31, 2026).
  • Limited international lounge access (2 visits per year).
• UPI Linking Capability: The card can be linked to UPI apps like HSBC SimplyPay and other third-party UPI applications for quick, convenient, and secure payments using QR codes, mobile numbers, virtual payment addresses, or account numbers with IFSC codes.

Other Details

• General Terms & Conditions: All offers and benefits are subject to specific terms and conditions.
• Cashback Calculation: Cashback is credited solely based on the Merchant Category Code (MCC) categorization. The Bank's decision on applicability, classification, and all other purposes shall be final and binding.
• RuPay Network: RuPay is an Indian card network developed as an affordable, secure, and local alternative to international card networks. It combines 'Rupee' and 'Payment'.
• UPI Integration Process:
  • To add the HSBC RuPay credit card to the HSBC SimplyPay app: Open SimplyPay app, go to 'My account' in the menu, select 'Add account'.
  • To add the HSBC RuPay credit card to a third-party UPI app: Open the UPI app, search for HSBC Bank in the Bank list, select the HSBC RuPay credit card, confirm, set a 6-digit UPI PIN, and start using the card for UPI payments.
• Amazon eGift Voucher Terms: The eGift Voucher is valid for 6 months from the date of issuance, cannot be reloaded, resold, transferred for value, or redeemed for cash. It cannot be used to purchase other gift cards or digital content, nor can it be transferred between accounts once the claim code has been added. HSBC does not make warranties regarding the quality or merchantability of products/services offered by Amazon. Tax liability, if any, will be borne by the cardholder.