HSBC RuPay Cashback Credit Card
A RuPay cashback card that links to UPI: 10% on dining, food delivery and groceries and 1% on other eligible spends, with total cashback capped at ₹400 a month; the ₹499 annual fee is reversed on ₹2 lakh of yearly spend. Every figure below is copied from HSBC’s own documents; open a figure’s source link to read it there. Official terms last checked 2026-10-21.
Fees and charges
| Joining fee | ₹499 plus GST MITC |
|---|---|
| Annual fee | ₹499 plus GST Terms |
| Annual fee waiver | On ₹2,00,000 of spend in the year Terms |
| GST on fees | As applicable (18% assumed in calculations) |
| Foreign-currency markup | 3.5% of the transaction, plus GST MITC |
| The tariff markup is 3.5%; an HSBC offer waives it (0% markup) on foreign-currency spends from 15 Jul 2025 to 31 Dec 2026. International use runs on the JCB network. | |
Rewards
Cashback.
| Spend | Earns | Cap |
|---|---|---|
| Dining, food delivery and groceries | 10% cashback Terms | up to ₹400 a month (shared) Product page |
| Other eligible spends, including UPI payments | 1% cashback Terms | up to ₹400 a month (shared) Product page |
One ₹400 monthly cap covers the 10% and 1% cashback together. HSBC classifies spends by merchant category code. Instant EMI transactions earn no cashback.
No rewards on
Benefits
- Lounges: Up to 2 domestic lounge visits a quarter and 2 international visits a year Product page
- Welcome: ₹500 cashback after logging on to the HSBC India Mobile Banking app and spending ₹10,000 in the first 30 days (applications to 31 Dec 2026) Terms
Also on this card
Quoted from HSBC; not counted in the net value.
- 0% forex markup on foreign-currency spends until 31 Dec 2026 Product page
- Links to UPI apps, including HSBC SimplyPay, for merchant payments Product page
- International acceptance in over 160 countries through the JCB network Product page
- 2-month EazyDiner membership on activating the card Product page
Eligibility
- Salaried: age 18 or above Product page
- Self-employed: age 25 or above Product page
- Age 65 or below Product page
- Salaried or self-employed Product page
- Salaried: income of at least ₹6 lakh a year Product page
- Self-employed: income of at least ₹12 lakh a year Product page
- Indian resident living in one of the 21 cities HSBC lists Product page
Not published by HSBC in the documents read
- a fuel surcharge waiver (HSBC says the waiver does not apply to its Cashback cards)
Where HSBC’s documents differ, and what is used
- Lounge visits: the product page gives up to 2 domestic visits a quarter and 2 international visits a year ('10 airport lounge visits'); the service guide (Feb 2026) says four complimentary lounge visits, one a quarter. The product page is used.
The quotes behind the figures
28 figures, each copied from an official HSBC document.
Show every quote and source
“Joining fee for RuPay Cashback Primary Cardholder is ₹499.”
“HSBC RuPay Cashback credit card comes with a Joining fee of ₹499 and an annual fee of ₹499. The annual fee will be reversed in full if spends exceed ₹ 200,000 per year.”
“3.5% foreign currency transactions”
“10% cashback on all dining, food delivery and grocery spends and 1% cashback on all other spends (exclusions apply). Cashback across both categories is capped at ₹400.”
“Earn up to INR400 on your spending every month, in store and online.”
“Get 10% cashback on dining, food delivery and grocery spending”
“Plus earn 1% cashback on all other eligible spends”
“Yes, UPI spends using Credit Card will earn reward points or cashback subject to Credit Card product (Excluding categories as per Credit Card product features/Terms & Conditions).”
“No cashback on following categories: 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”
“education and government related txns carried out through MCCs 9399, 8299, 8220, 8211, 8241, 9311, 8244, 8249, 9222, 9402, 9211, 9405, 9950, 9223, 8351)”
“Insurance (MCC 6300, 5960), Jewelry & Antique items (MCC 5944, 5094, 5932, 5937)”
“Annual fee (waived if you spend more than INR200,000 per year)”
“Customers will get four complimentary lounge access, one per quarter.”
“The fuel surcharge waiver doesn't apply to HSBC Cashback or Live+ Credit Cards”
“0% mark-up fee on all foreign currency spends on the HSBC RuPay Cashback Credit Card.”
“The offer is valid from 15 July 2025 to 31 December 2026 (both dates inclusive)”
“Get up to 2 complimentary local visits per quarter and 2 international visits per year”
“Cardholders will be entitled to ₹500 Cashback on successfully downloading the HSBC India Mobile app and make transactions of at least ₹10,000 within the first 30 days.”
“Save when you spend abroad, with 0% FX mark-up on your transactions until 31 December 2026.”
“Link your credit card to UPI apps and enjoy easy direct payments with your card.”
“Use ATMs and make payments in over 160 countries and regions around the world, powered by the JCB network.”
“Enjoy 2-months EazyDiner membership when you activate your RuPay credit card.”
“Be aged between 18 to 65 years old for salaried individuals, or 25 to 65 years old for self-employed individuals”
“Have a minimum income of INR600,000 per year for salaried individuals or INR12,00,000 per year for self-employed individuals”
“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, Surat or Trivandrum”
“Be an Indian resident”
“Apply now for your HSBC RuPay Cashback Credit Card”
“The RuPay logo: Any establishment displaying the RuPay logo accepts your HSBC RuPay Cashback Credit Card. International transactions are supported by JCB.”
Terms change, sometimes without notice. Read the issuer’s current terms before applying. CardWise has no affiliate arrangement with HSBC or any issuer. Issuer names and logos belong to their owners and are shown only to identify each card’s issuer; CardWise is not affiliated with any issuer. The logo is HSBC’s own file from its website, unaltered, fetched 2026-10-21. Methodology