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HSBC Smart Value Credit Card Features and Benefits

The HSBC Smart Value Credit Card is an entry-level zero annual fee credit card and hence comes with some basic privileges, such as exclusive welcome benefits and reward programs. To understand all the features and benefits of this credit card in detail, refer to the information provided below:

Welcome Benefits

• You get an Amazon gift voucher worth Rs. 500.
• You get 10% cashback up to Rs. 1,000 on making a minimum of 5 transactions with a total spend of Rs. 5,000 or more within the first 60 days from card issuance.
• Get 3 complimentary domestic/international airport lounge access or 3 free meal vouchers or 3 complimentary meal vouchers.
• Get a 50% discount (capped at Rs. 100) on your first transaction on Google Pay.

Reward Points

• You earn 1 Reward Point on every retail spend of Rs. 100.
• You earn 3x Reward Points on selected categories, including dining, telecom categories, and all online transactions.
• The Reward Points you earn using this card are valid for two years from the accrual date.

Reward Redemption

• The Reward Points you earn can be redeemed against a host of categories including gift vouchers, products, and many more through the HSBC Rewards catalogue.
• The value of 1 Reward Point can be up to Re. 0.35 as it varies for different options.
• You are charged a fee of Rs. 50 on every reward redemption request.

Fuel Surcharge Waiver

You get a 1% fuel surcharge waiver on all fuel transactions made using your HSBC Smart Value Credit Card. You can save up to Rs. 3,000 every year through the fuel surcharge waiver on this card.

HSBC Smart Value Credit Card Fees and Charges

• The HSBC Smart Value Credit Card comes with a zero joining/annual fee, i.e, it is a lifetime free credit card.
• The interest rate on this credit card may be between 1.99% per month and 1.39% per month depending on the credit history of different individuals.
• The foreign currency markup fee on the HSBC Smart Value Credit Card is 3.5% on all foreign currency spends.
• The cash advance fee on this credit card is 2.5% of the cash amount withdrawn, subject to a minimum of Rs. 500.

HSBC Smart Value Credit Card Eligibility Criteria

The eligibility criteria that the applicants need to fulfill in order to get approved for the HSBC Smart Value Card are as mentioned below:

• The age of the applicant should be between 18 years and 65 years.
• The annual income of the applicant should be above Rs. 4 lakhs.
• Only salaried individuals are eligible to apply for this card.
• The applicant should be a resident of India and must be living in one of these cities: Jaipur, Bengaluru, Chennai, Mumbai, Gurugram, Hyderabad, New Delhi, Noida, Pune, Chandigarh, Kolkata, and Ahmedabad.

How To Apply For HSBC Smart Value Credit Card?

To apply online for the HSBC Smart Value Credit Card, you will have to follow a few simple steps as mentioned below:

• Click on Apply Now.
• Start the application by entering basic details, including your name, mobile number, email, etc.
• Then, enter your personal details, employment details, etc.
• Review the application and submit it.

Also Check: HSBC Visa Platinum Credit Card.

Conclusion

The HSBC Smart Value Credit Card is a basic credit card and is best suited for individuals who are looking for a lifetime free credit card. It still comes with a decent reward rate and welcomes its customers with exciting benefits, including complimentary lounge access, Amazon gift voucher, and many more. It earns you reward points on all your spends, which can be redeemed against a host of options of your choice. However, before applying for the card, you must be aware of its eligibility criteria as it can only be issued to salaried individuals and is available in selected cities only. If you are a resident of the cities that are mentioned above and you want to have an affordable credit card to save more on your spends. However, if you want to have a credit card with other types of benefits, you can check all the HSBC Credit Cards and choose one as per your needs. If you have any further doubts regarding the features & benefits of this card, you can freely ask us in the comment section below!