HSBC RuPay Cashback Credit Card

Yes, if you spend about ₹500 or more a month on groceries and use airport lounges. Below that, the Scapia Federal Bank Credit Card (Visa + complimentary RuPay) pays 2% for free. The catch: earns nothing on fuel, wallet loads, rent, government payments and insurance.

No. It costs ₹499 to join and ₹499 a year, plus GST. The ₹499 joining fee is charged after your first transaction. The ₹499 annual fee is charged at the end of each card year and refunded in full, with GST, if you spend more than ₹2,00,000 in that year across your main and add-on cards. HSBC Premier customers pay no annual fee.

Yes, it's a RuPay card, so you can link it to UPI apps for merchant payments; it earns 1% on UPI spends.

Up to 8 domestic visits a year (2 a calendar quarter) and 2 international visits a year; no spend condition is published. The card's older service guide (June 2025) says 4 visits a year, one a quarter, so confirm with HSBC before you rely on 10.

No cashback on fuel, wallet loads, rent and property payments, school and college fees, government payments, insurance, jewellery, gambling, tolls, charity, money transfers, cash and quasi-cash, brokers, collection agencies, wholesale clubs, business-to-business merchants, or purchases converted to EMI at checkout. Rent payments also carry a 1% fee. HSBC's own cashback table lists utility bills without saying what they earn, so check with HSBC before counting on cashback there.

All cashback, at 10% and at 1%, is capped at ₹400 a month combined. The 10% rate on dining, food delivery and groceries alone reaches the cap at ₹4,000 of spend.

The bank publishes a minimum income of ₹50,000 a month for salaried applicants. Self-employed people can apply: Income of at least ₹12 lakh a year; age 25-65; resident in one of HSBC's 21 listed cities. Salaried: age 18 to 65, income at least ₹6 lakh a year. Self-employed: age 25 to 65, income at least ₹12 lakh a year. You must be an Indian resident living in one of 21 cities: Ahmedabad, Amritsar, Baroda, Bengaluru, Chandigarh, Chennai, Coimbatore, Delhi NCR, Gurgaon, Hyderabad, Indore, Jaipur, Kochi, Kolkata, Lucknow, Mumbai, Nagpur, Noida, Pune, Surat or Trivandrum. Approval is at HSBC's discretion. Approval is at the bank's discretion.