Summary
The HSBC Smart Value Credit Card is a low-cost and feature-rich credit card to offers value, convenience, and flexibility. There is zero cost of the annual fee for the first year and a low renewal fee that can be waived, making it one of the best choices for those who wish to control their expenses. One of its strongest benefits is the 5% cashback on bill payments (up to ₹1,000 in the first 60 days), and thus it ends up being a smart decision for regular bill payers.
The card also provides a low-cost EMI facility at the rate of 10.99% per annum for the first 6 months, which allows users to pay big purchases in easy monthly installments. It also provides exciting offers on dining, shopping, and travel bookings, providing valuation discounts. The contactless payment provides fast and safe transactions, and the EMV chip technology provides extra security against fraud.
For frequent travelers, there is international transaction coverage in the card, although a 3.5% foreign currency markup fee applies. The other charges, such as cash withdrawal fees and late payment fees, are standard but avoidable through prudent usage of the card. Additionally, there is ais24/7 customer service and easy management online via mobile banking and net banking facilities.
Introduction
In case you require a credit card offering savings, rewards, and versatility, the HSBC Smart Value Credit Card will be your perfect option. The card is designed to help you control your expenditures while enjoying numerous benefits such as cashback, savings, and low interest rates. The card offers you value in terms of purchases no matter whether you shop, eat out, or travel.
HSBC, the global bank, presents this credit card with exciting features that will make it easier to manage your finances. Among the significant aspects of this card is that it has a low annual percentage rate or interest rate that aids in the simpler management of existing balances. Further, there is no annual fee levied for the first year, making it a cheap product for beginners when it comes to credit cards.
One of the major benefits of the HSBC Smart Value Credit Card is its EMI conversion facility. If you make a high-value purchase, you can convert it into convenient monthly installments. This facility allows you to spend as much as you want without any cost burden. The card also provides rewarding cashback on utility bill payments and compelling discounts on shopping and dining.
For spending on travel and entertainment by high-spending credit card members, HSBC Smart Value Credit Card offers extra benefits. Cardmembers receive special promotions on air booking, hotel stays, and lifestyle items. HSBC extends protection features such as anti-fraud cover to ensure secure transactions online and offline.
What is the HSBC Smart Value Credit Card?
The HSBC Smart Value Credit Card is a budget-friendly card providing value, reward, and ease for day-to-day transactions. It suits someone looking to keep money saved with added benefits in the form of cashback, discounts, and minimal interest rates.
This credit card is perfect for controlling expenses intelligently, as it enables one to convert huge buys into EMIs, enjoy no annual charges in the first year, and avail exclusive discounts on shopping, dining, and travel.
How is the design of the HSBC Smart Value Credit Card?
The HSBC Smart Value Credit Card has a strong, modern look that exudes class and sophistication. It has a simple design with an impressive finish, making it appealing to the eyes. The card displays the HSBC logo prominently, which adds to its classy appearance.
The design also takes into consideration the security and ease of use. It has an EMV chip for added protection against fraud and contactless payment technology, making it possible for fast and convenient transactions. The card is lightweight and portable, thus both practical and beautiful.
What are the benefits of the HSBC Smart Value Credit Card?
Some of the main benefits are:
Bill Payment Cashback
- Earn 5% cashback (up to ₹1,000) on bill payments such as electricity, gas, and water in the first 60 days.
- Pay bills hassle-free through auto-pay or online banking and receive cashback.
Low EMI Interest
- Buy big spends at lower EMIs at a low interest rate of 10.99% pa for the initial 6 months.
- Facilitates big spend repayment with ease without stressing finances.
No First-Year Annual Fee
- Get zero first-year annual fees.
- Waive the fee starting from the second year if you spend ₹50,000 and above in one year.
Dining and Shopping Offers
- Up to 15% off partner restaurants in India.
- Online shopping exclusive offers, such as discounts at Amazon, Flipkart, and Myntra.
Travel and Lifestyle Privileges
- Special offers on reserving air and hotel accommodations via HSBC partner sites.
- Travel and lifestyle-free trials of upscale experiences.
Secure and Problem-Free Transactions
- Ease of contactless payment through tap-and-pay channels.
- Security of EMV chip against fraud and unauthorized use.
What are the fees for the HSBC Smart Value Credit Card?
Here is a simple HSBC Smart Value Credit Card fee breakup.
| Joining Fee | ₹0 |
| Annual Fee | ₹0 (No annual fee for the first year) |
| Add-on Card Fee | There are no charges for additional cards for family members. |
| Finance Charges | If you don’t pay your bill in full, 3.99% per month (47% annually) on the outstanding balance. |
| Cash Advance Fee | 2.5% of the amount withdrawn or ₹500, whichever is higher. |
| Late Payment Fee | For Statement Balance Less than Rs. 101 – Nil Rs. 101 – Rs. 500 – Rs. 150 Rs. 501 – Rs. 5,000 – Rs. 500 Rs. 5,001 – Rs. 20,000 – Rs. 750 Rs. 20,000 & above – Rs. 1,000 |
What are the criteria for getting an HSBC Smart Value Credit Card?
The following are the primary requirements:
- You must be between 18 and 70 years old to apply for the HSBC Smart Value Credit Card.
- The income requirement differs according to your employment status:
- Self-Employed Professionals: A minimum Annual income of Rs 1 lakhs usually does the job.
- A secured income ensures regular timely payments on the credit card bill. Any amount above it ensures that it increases the approval probability.
- Your credit score plays a role in the selection process. It is a tendency for HSBC Bank to favor borrowers with a better credit score usually above 750.
- You must be an Indian resident and have valid address proof within the country.
- A salaried person must be employed with a reputed company or organization. The bank can ask you for documents like your salary slip or employment letter.
- A Self-employed person must have business experience in the past years, generally 2+ years. You must show the bank proof of good consistent income. This may be your income tax returns and bank statements.
What documents are required to get an HSBC Smart Value Credit Card?
The documents that you will have to submit to Getana HSBC Smart Value Credit Card are as below:
| Identity Proof | Aadhaar card, Passport, Voter ID, Driving license, PAN card |
| Address Proof | Utility bills like electricity, water, etc. Rent agreement, Bank statement, or passbook with your address |
| Income Proof | Salary slip for the last 3 months if you are a salaried employee Bank statement for the last 3 months ITR for self-employed persons |
| Photograph | The latest passport-sized photograph |
Where can the HSBC Smart Value Credit Card be used?
Here is the list of places where you can use it:
- With the HSBC Smart Value Credit Card, you can shop for clothing, electronics, accessories, and more at almost every retail outlet, shopping mall, and e-shopping website.
- You can also use it on websites like Amazon, Flipkart, etc., and also make bookings on websites like MakeMyTrip, Yatra, etc.
- You can use the card to pay for your meals in restaurants, cafes, and fast food outlets.
- You can use it to book flight, train, or bus tickets, as well as to pay for taxi, Uber, Ola, or hotel bookings.
- You can use your credit card to pay electricity and water bills, mobile bills, and internet services.
- You can use your HSBC Smart Value Credit Card to pay for expensive items such as electronics or appliances through easy monthly installments (EMIs).
- The HSBC Smart Value Credit Card is also accepted in other countries, where you can make purchases and payments. It is also accepted wherever Visa is accepted.
What is the credit limit of the HSBC Smart Value Credit Card?
The HSBC Smart Value Credit Card limit is different for individuals because it depends on several parameters. HSBC Bank reviews your income, credit history, payment history, and outstanding debt before allocating a limit. The high-credit-score (750+) customers with regular income and good financial track record generally receive a higher credit limit.
If you initially get a lower limit, you may request an increment in the credit limit after some months of proper usage. Timely repayment, low utilization of credit, and a good banking relationship with HSBC Bank can help you get the higher limit. Pre-approved limit hike by the bank from time to time is also given to the eligible customers.
How do you apply for an HSBC Smart Value Credit Card?
Apply it through both these modes:
Online Application Process
- Visit the official website of the HSBC Bank, i.e.
- Go to ‘Cards’, followed by ‘Credit Cards’.
- On that page, you can see numerous options for credit cards issued by HSBC Bank; for instance, you can choose the HSBC Smart Value Credit Card.
- Just hover your cursor on the HSBC Smart Value Credit Card, followed by selecting ‘Apply Now‘ from there.
- You will be asked to fill out your details including your name, contact information, income details, and employment status.
- Be accurate and updated with the information provided.
- You are required to upload documents like your identity proof, address proof, income proof, and photograph, as per the list of documents mentioned above.
- After filling out the details and uploading the documents, review your application to make sure everything is correct.
- Apply online through the application form.
- The bank will check your application after submitting it. They can ask for extra documents or information if required.
- You will be informed about the status of your application, and if approved, your card will be delivered to you.
Offline Application Process
- You can walk into the nearest HSBC Bank branch to apply for the HSBC Smart Value Credit Card.
- Request for the credit card application form for the HSBC Smart Value Credit Card. They will provide you with the form and proceed accordingly.
- Fill the details in the application form wherever it is required. Care should be taken that all the information about personal details, income, and jobs provided by the applicant should be correct.
- Along with the form, furnish the relevant documents. The list of documents includes Identity proof, Address proof, Proof of income, and pas hotograph.
- Your application will be processed, and your information will be cross-checked at the bank level.
- In case of successful completion, the bank will sanction the credit card with a reply and forward it to the registered address.
- You will receive the HSBC Smart Value Credit Card by post at the same postal address.
- Once you receive your card, you need to activate it by following the instructions given in the envelope, either through the HSBC Bank Card website, or mobile app or by calling their customer service.
- For security purposes, you must set your PIN (Personal Identification Number) before you can start using your credit card.
Would getting an HSBC Smart Value Credit Card in 2025 be right?
Yes, getting an HSBC Smart Value Credit Card in 2025 can be a good option if you require a credit card with great offers, especially for those who shop for lifestyle products. The reward is excellent and comes with the purchase of items such as jewelry. On top of that, the bank provides discounts and easy access to the EMI facility.
HSBC Bank is also a strong bank with high customer service, so it is dependable. But don’t forget that you should make sure that you can handle your credit responsibly in terms of paying the bills and keeping your credit from exceeding its limit. Provided that you are stable in terms of income and you have good credit, it might be a very good option in 2025.
Conclusion
The HSBC Smart Value Credit Card is the perfect choice for individuals who need a credit card that is all about saving, convenience, and flexibility. Whether it is cashback on bill payments, low-interest EMIs, discounts at restaurants and stores, or travel rewards, the card pays one back for everyday spending. It is particularly great for those who desire to save interest fees and pay minimal fees per year since it waives the first-year fee and can waive the fee in subsequent years for adequate spending.
The best feature of this card is its affordable EMI conversion, and with that, you can buy large things without incurring huge interest charges. Safe payment terminals such as the EMV chip and contactless payment ensure safe and convenient use. From dining at restaurants, and online shopping, to paying household bills, this credit card offers many benefits to make your life more convenient.
Moreover, HSBC’s global banking experience provides customers with good customer service and convenient financial transactions. No first-year annual fee guarantees it is a cost-effective choice for credit card first-timers. Even as an experienced credit card user, the minimum interest fees and cashback rewards make it a great addition to your wallet.
Frequently Asked Questions (FAQ’s)
Ans: You can, but a cash advance fee of 2.5% or ₹500 (greater of the two) will be charged. Cash withdrawal is interest-bearing from the transaction date.
Ans: Online via net banking, mobile banking, or UPI. Offline cheque or cash payment at an HSBC branch. Enable auto-debit from your bank account for easy payments.
Ans: Yes, usable abroad with a 3.5% markup on charges in foreign currency.
Ans: Block the card immediately through HSBC Net Banking or customer service. Apply for a replacement card through HSBC support.
Ans: Yes, HSBC can grant you an extension of your credit limit depending on your transaction and repayment history. You may even ask for an extension by providing HSBC with proof of income.
