HSBC RuPay Platinum Credit Card

Yes, as a no-fee card for everyday spends that also works on UPI: it costs nothing to keep. The catch: earns nothing on fuel, insurance, wallet loads, rent, utility bills and government payments.

Yes. The bank's fee schedule shows no joining fee and no annual fee.

Yes, it's a RuPay card, so you can link it to UPI apps for merchant payments.

No complimentary airport lounge access.

No points on fuel, utility bills, insurance, rent and property payments, wallet loads, school and college fees, government and tax payments, jewellery, money transfers, payments to financial institutions, cash advances, card fees, disputed transactions, or purchases converted to EMI at checkout. Rent payments also carry a 1% fee. Points are counted on each full ₹150. HSBC goes by the merchant's category code.

The extra points on flights, hotels and car rentals booked through HSBC's Travel with Points portal are capped at 18,000 a calendar month. The normal 2 points per ₹150 have no cap.

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 applicants aged 18 to 65 with an income of at least ₹6 lakh a year; self-employed applicants aged 25 to 65 with 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. You can apply online. The card works abroad on the JCB network, but it can't be used for international online purchases. Approval is at HSBC's discretion. Approval is at the bank's discretion.