HSBC Cashback Review (w.e.f 01-Sep-23 i.e., after revaluation)

[helloworld]

Related posts: https://www.technofino.in/community/threads/one-more-devaluation-this-time-hsbc-cashback-card.15623/

Summary:

Benefit/Feature	New Changes
Annual Fee	999+18% GST
Fee Waiver	2L
Online Spends	1.5%
Offline Spends	1.5%
Grocery MCC	10% (with below two categories upto 1K per month)
Dining MCC	10%
Swiggy/Zomato or Food Delivery MCC	10%
Easydiner	15% upto 500 on min.2.5k
Lounge Benefit	4 per year
fuel, rental, govt. transactions, e-Wallets, insurance, education, B2B goods and services, jewellery, charity, toll fees, cash advances, payments of outstanding balances, payments of card fees and other card changes	0%

Some MCCs (Reference Purpose Only):



Note: The transactions for each category are identified through Merchant Category Codes* (MCC), defined by the Network, e.g. Visa, MasterCard and RuPay.

Mall food courts, Nearby grocery stores, Supermarkets, Swiggy Instamart and Grocery - worked for me for 10% cashback based on above MCC (unless you have same MCC, no guarantee).

Replace some cards (If you use this card ..):

1.5% offline - Alternative to FK 1.5% Card
10% grocery (offline) - Alternative to StanC Manhattan 5% Card
10% grocery and food delivery (online) - Alternative to Airtel 10% Card
10% dining (offline) - Alternative to AU Zenith 5% Card

Exclusion MCC List:

 

[helloworld]

When did it change?

I see last in my statement was generated on 6th oct and cb credited around 20th Nov

Haven't used card after that😅

whats your statement date?

 

[shutapdiya]

whats your statement date?

6th . .

 

[helloworld]

6th . .

Its updated, earlier they do 45 days but now its last month statement. do test transaction and update, if any issues.

 

[Nadeemkh]

Yes, you can buy from Jiomart website.

recently i saw we can buy jiomart gift card from Amazon (2% extra off) or gyfr websites and all bank partnership gyftr websites too.

Can it be use to purchase groceries not normal online stuff groceries which comes under smart bazar section now a days with septate tag

 

[Abhishek012]

Can it be use to purchase groceries not normal online stuff groceries which comes under smart bazar section now a days with septate tag

Yes. Also you can proceed to final payment page and if gift card/voucher option is present, then you can apply your gv at that point.

 

[Nadeemkh]

Yes. Also you can proceed to final payment page and if gift card/voucher option is present, then you can apply your gv at that point.

I see that on page but gift card terms and conditions says it is for jio mart product fulfilled by jio mart so wondering does it work also with smart bazar grocery online also amazon review one review is about it doesn't work on smart bazar grocery

 

[Abhishek012]

I see that on page but gift card terms and conditions says it is for jio mart product fulfilled by jio mart so wondering does it work also with smart bazar grocery online also amazon review one review is about it doesn't work on smart bazar grocery

Log kuch bhi review dete rahete hai.

 

[binno]

can anyone confirm for bb through tata neu ? @shutapdiya any idea ?

 

[Lucifer311]

can anyone confirm for bb through tata neu ? @shutapdiya any idea ?

Yes, you will get the cashback.

 

[lhgeek]

What is the minimum amount required to be eligible for cashback on HSBC cashback credit card? I have lot of spends on office cafeteria under ₹50.. wondering if I would get cashback on that based on dining category

 

[helloworld]

What is the minimum amount required to be eligible for cashback on HSBC cashback credit card? I have lot of spends on office cafeteria under ₹50.. wondering if I would get cashback on that based on dining category

mostly round up. 100rs.

 

[vaibhavshukla]

does flipkart Grocery and jiomart smart bazaar give 10% CB using this card ?

 

[helloworld]

does flipkart Grocery and jiomart smart bazaar give 10% CB using this card ?

One More Devaluation: This time HSBC Cashback Card

Here are some of the key highlights of our revised HSBC Cashback Credit Card offering: • Earn More Cashback: Enjoy a 10% cashback (up to ₹1,000) on categories such as dining, grocery, and food delivery. Also, earn unlimited 1.5% cashback on all other spends. Cashback not eligible on...

www.technofino.in

f y i.. 2nd Point

 

[nirmalya]

Has anyone done any transaction in More Supermarket/Hypermart in-store and/or through app? Did you get 10% cashback?

 

[VISHESH_BANSAL]

Has anyone done any transaction in More Supermarket/Hypermart in-store and/or through app? Did you get 10% cashback?

Purchase More GV for in Store Purchases @ 4% Instant discount from Magicpin.

Magicpin MCC is eligible for HSBC 10% CASHBACK too. Ensure Cashfree Gateway

You will get Double benefit.😎

 

[helloworld]

Purchase More GV for in Store Purchases @ 4% Instant discount from Magicpin.

Magicpin MCC is eligible for HSBC 10% CASHBACK too. Ensure Cashfree Gateway

You will get Double benefit.😎

Does this app or website need KYC or location pemission to purchase vouchers?

 

[VISHESH_BANSAL]

Does this app or website need KYC or location pemission to purchase vouchers?

KYC is not Required.

Location Permission doge toh Nearest Store bta deta hai Current Location se. Not Mandatory.

A Brand for which Online and offline Seperate Vocuher hai , toh Location Enable se phir Magicpin offline Voucher show nhi karega if Outlet of that Brand is not available at Your Location.

Location change kardoge toh show Karega.

 

[helloworld]

KYC is not Required.

Location Permission doge toh Nearest Store bta deta hai Current Location se. Not Mandatory.

A Brand for which Online and offline Seperate Vocuher hai , toh Location Enable se phir Magicpin offline Voucher show nhi karega if Outlet of that Brand is not available at Your Location.

Location change kardoge toh show Karega.

Thanks. I still don't understand why paytm need location permission to purchase voucher (not a deal breaker, just wondered its purpose). This purpose you mentioned seems legitimate and ok if we want offline vouchers.

 

[charan kumar]

Purchase More GV for in Store Purchases @ 4% Instant discount from Magicpin.

Magicpin MCC is eligible for HSBC 10% CASHBACK too. Ensure Cashfree Gateway

You will get Double benefit.😎

MCC code for for magicpin is 7399 right.? if wrong what is the MCC code.?

 

[VISHESH_BANSAL]

MCC code for for magicpin is 7399 right.? if wrong what is the MCC code.?

For Payu Gateway it is 7399.

For Cashfree it is 5499.

Except AGV, ASV, Flipkart, all other GVs get Processed via Cashfree Gateway, still Recommend to Cross check.