HSBC RuPay Platinum Credit Card

The HSBC RuPay Platinum Credit Card represents a milestone in the Indian payments landscape: the arrival of a global foreign banking giant on the NPCI RuPay credit-on-UPI rails. Issued as a virtual Lifetime Free (LTF) credit card, this product allows consumers to link their HSBC credit facility directly to UPI applications such as Google Pay, PhonePe, Paytm, CRED, and BHIM. This bridges the longstanding divide between credit card reward earning and the ubiquitous Indian QR-code merchant payment ecosystem. Cardholders earn 2 reward points per ₹150 spent on all eligible merchant UPI payments (Peer-to-Merchant / P2M) as well as online shopping transactions. With 1 Reward Point equal to ₹0.25, users earn a baseline 0.33% reward yield on everyday retail items—such as local grocery stores, pharmacy bills, and neighborhood cafes—that previously earned zero return when paid via debit card or bank UPI. Because the card is strictly lifetime free with no joining fee or annual fee, it creates zero recurring carrying cost for the consumer. However, users should understand standard RuPay UPI constraints. In accordance with NPCI regulations, peer-to-peer (P2P) fund transfers to personal UPI handles do not earn rewards and are restricted. The card also excludes fuel, wallet loads, rent, and cash advances from points accrual. No physical card plastic or airport lounge visits are bundled. Nevertheless, for anyone already in the HSBC ecosystem or looking to establish an international banking relationship while enjoying UPI convenience, the HSBC RuPay Platinum is an indispensable virtual wallet addition.

Additional Cardholder Privileges

Mandatory Verification Documents