HSBC Debit card 5% cashback linked with salary Account

[rohant]

what do you mean by narration?

 

[helloworld]

what do you mean by narration?

text that displays in description field of that month statetement..

 

[rajubhai]

If I get the card issued today itself, can I do payment tomorrow and get the cashback next month? or does it have something to do with the salary credit?

Yes, the salary should be credited in the same month. For example, if you open your salary account in May and receive your May salary in HSBC, then the spending done in May will be eligible for cashback.

 

[rajubhai]

Previously, there was no limit, so people were earning up to ₹1 lakh in cashback per month even if their salary was only ₹50,000. That's the main reason they restricted it to 2x your salary

 

[nikhilv0303]

What are the best options to use this HSBC debit card? Does it work for Ebix UPI?

 

[helloworld]

What are the best options to use this HSBC debit card? Does it work for Ebix UPI?

Offline spends ...

 

[nikhilv0303]

Offline spends ...

Oh is it 5% only for offline spends? No cashback on online spends, is it?

 

[rajubhai]

What are the best options to use this HSBC debit card? Does it work for Ebix UPI?

yes, ebix upi will work.

 

[rajubhai]

Oh is it 5% only for offline spends? No cashback on online spends, is it?

for both, online and offline

 

[rohant]

Previously, there was no limit, so people were earning up to ₹1 lakh in cashback per month even if their salary was only ₹50,000. That's the main reason they restricted it to 2x your salary

if salary is 50k, still they can earn 1 lakh per month

 

[rajubhai]

if salary is 50k, still they can earn 1 lakh per month

not now, before feb month yes...

 

[Amit_1]

What apps can we use for CC bill payments, Ebix UPI is not on iOS

Edit: Savesage App can't use other mobile number for credit card, need to make payments for family CC

 

[Prasanna]

I have an HSBC Debit Card that offers 5% cashback on E-commerce and POS transactions.

1. Which platform can I use to pay credit card bills and still earn the 5% cashback?
2. Which platform can I use to buy Amazon Pay vouchers and get the 5% cashback?

 

[rohant]

Any list of mccs which are not eligible for 5% cb?

 

[helloworld]

Any list of mccs which are not eligible for 5% cb?

Post in thread 'HSBC Debit card 5% cashback linked with salary Account'

Mar 7, 2024

Exclusions:
- ATM withdrawals and quasi-cash transactions which may represent purchase of foreign currencies or items (including, but not limited to, casino chips, cryptocurrencies, money orders, non-fiat currency, lottery tickets and travelers cheques) which may be convertible to cash, and other such transactions as determined by us from time to time
- Transactions through foreign currency exchangers/money transfer merchants (electronic fund transfers, wire transfers, remittance to appointed entity)
- digital wallets
- jewelry transactions
- staged digital wallets
- Non-sales...

• helloworld

• 
• 
• 

: )

it combination of both merchant and mcc in hsbc, very good system btw

 

[rohant]

Post in thread 'HSBC Debit card 5% cashback linked with salary Account'

Mar 7, 2024

Exclusions:
- ATM withdrawals and quasi-cash transactions which may represent purchase of foreign currencies or items (including, but not limited to, casino chips, cryptocurrencies, money orders, non-fiat currency, lottery tickets and travelers cheques) which may be convertible to cash, and other such transactions as determined by us from time to time
- Transactions through foreign currency exchangers/money transfer merchants (electronic fund transfers, wire transfers, remittance to appointed entity)
- digital wallets
- jewelry transactions
- staged digital wallets
- Non-sales...

• helloworld

• 
• 
• 

: )

it combination of both merchant and mcc in hsbc, very good system btw

Seems like no cb

 

[helloworld]

Seems like no cb on goodscore and savsage

oh, that purpose.. forget it, for now only those post listed debit cards only

 

[rohant]

oh, that purpose.. forget it, for now only those post listed debit cards only

What do you mean?

 

[helloworld]

What do you mean?

wherever u read those two apps, that post explains further

 

[creditcardlover]

yes, ebix upi will work.

I had checked specifically on chat if the ebix transactions qualified for cashback and I was told that thought the MCC is 4900 but and the list of exclusions does not exclude such MCC but they have working notes basis which they told me it is ineligible for cashback. I had done transactions in April, will be fully clear once the Apr cashback comes in this month whether I get it for that or not