HSBC Smart Value Credit Card| A Card for Extra Saving and Rewards in 2021

By | September 8, 2021

HSBC Smart Value Credit Card – The HSBC Smart Value credit card provides cardholders with a variety of lifestyle benefits. This credit card is ideal for people who want to save money while also earning rewards. Benefits include extra Air Miles, travel, retail, and hotel discounts, waiver of fuel surcharges, and much more when you use your HSBC card all over the world. Let’s go over the main attributes of the HSBC Smart Value Credit Card:

Also read Make My Trip ICICI Signature Credit Card, Best for Frequent Travellers 

Features and Benefits of HSBC Smart Value Credit Card

Waiver of Annual Fees

If you spend more than Rs. 50,000 in a year, the annual charge is eliminated.

Finance Charges are Variable

On this card, dynamic financing costs are applied based on credit history and payback behaviour. The fee can range from 1.99 percent to 2.99 percent per hour.

Amazon Offer  

When you spend Rs. 500 or more on a single purchase, you’ll get a Rs. 250 voucher. The purchase must be completed within 30 days of receiving the

Cashback Offer 

Customers can get a 10% cashback if they make at least 5 purchase transactions totaling Rs. 5,000 or more within the first 60 days of the card’s activation, up to a maximum cashback of Rs. 1,000.

Access to the Lounge is complimentary

3 lunch coupons (For use at airport restaurants in India) or 3 free airport lounge access at domestic and international lounges 

Low-Interest-Rates EMI

For EMIs booked within the first 90 days of card activation, users can get a 10.99 percent p.a. interest rate. Cash on EMI, debt transfer on EMI, and loan on phone are all eligible for this offer.

Milestone Benefit 

Cardholders who spend a minimum of Rs.15,000 on their HSBC Smart Value Credit Card in a calendar month will be eligible for a BookMyShow coupon worth Rs.200.

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Eligibility Criteria for HSBC Smart Value Credit Card

Applicants must be between the ages of 18 and 65.

Salaried individuals must have a minimum annual income of Rs.3,00,000.

Applicant must be an Indian resident

The applicant should be living in one out of these following cities: 

  • Bangalore 
  • Chennai 
  • Gurgaon
  • Hyderabad
  • Mumbai
  • New Delhi 
  • Noida, or 
  • Pune.

Documents Required for HSBC Smart Value Credit Card

1 .A copy of the front and back of your credit card, as well as your most recent credit card statement, if you have multiple credit cards.

2. If you are a salaried employee in a Private Limited Company, you must provide the last three 3. months’ bank statements showing salary credits.

3. If you work for a multinational corporation (MNC), you must provide a salary slip/certificate.

4. Proof of address, identification, and the Permanent Account Number (PAN) card / Form 60 are all required. You can use following documents: 

Residence proof (any one of the following):

  • Passport
  • Ration Card
  • Electricity bill
  • Landline telephone bill

Identity proof (any one of the following):

  • Passport
  • Driving license
  • PAN card
  • Aadhaar card

Fee and Charges on HSBC Smart Value Credit Card

  • Interest on Finance – Vary between 1.99% per month to 2.99% per month.
  • Charge on Cash withdrawal – 2.5% of the transaction amount.
  • Charge on Cheque bounce – Rs.350.
  • Overlimit fee – Rs.500 per month.
  • Currency conversion fee – 3.5%.
  • Add-on Card Fee – Nil 
  • Duplicate Statement Charges – Rs. 100
  • Charges on Late Payment of Due Amount – 
Amount Fine
On Due Amount Up to Rs.500Rs.400
On Due Amount Between Rs. 500 & Rs. 1,000Rs.500
On Due Amount Above Rs.1000Rs.750

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How to Apply for HSBC Smart Value Credit Card

If you want to apply for this card than there are two ways of application for an HSBC credit card- 

Online 

  1. First thing you have to do is visit company’s official website or can click here
  2. This link will take you to the Credit Cards page, here you have to choose the type of credit card you wish to apply 
  3. Then click on the ‘Apply Online’ button
  4. Enter some basic details such as phone number, Email ID and Name then click on ‘Generate OTP’ button. 
  5. An OTP (One Time Password) will be sent on your registered phone number. 
  6. Use this OTP for further personal details submission. 
  7. Now submit your application. 

After successful submission of application a bank executive will visit your current address for documents collection and address verification. If everything goes right then you will get your credit card within 8 to 12 working days.

Offline 

You can apply offline by going to your local HSBC and speaking with a credit card salesperson. The professional will assist you in filling out the application and selecting the correct card. Your eligibility is determined by the address where your credit card will be delivered.

FAQs for HSBC Smart Value Credit Card

  1. When will I be able to use my cashback benefits?

    The reward advantages are available for 60 days after the credit card is issued.

  2. What is the HSBC Smart value credit card’s foreign currency mark-up fee?

    The HSBC Smart Value credit card has a 3.5 percent foreign currency mark-up fee.

  3. Can I use my HSBC Smart Value Credit Card outside of India?

    Yes, you can use your HSBC Smart Value Credit Card worldwide, but there will be a 3.50 percent foreign currency mark-up fee on each transaction. Make sure you notify HSBC about your trip intentions by calling their customer service line prior to departure so that your transactions are not rejected because HSBC suspects them to be fraudulent.

  4. How can I obtain a copy of my credit card statement?

    To access your credit card statement, log in to your Internet Banking account or use the mobile app; if you have requested a print statement, you will get it. If you have any questions about your credit card statement, you can contact the bank’s customer service department.

  5. What is the HSBC Credit Card Customer Care Number?

    You can contact the HSBC credit card customer care department anytime (24×7) To contact customer care Dial 1860 266 2667.

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