HSBC Smart Value Credit Card — Rewards, Fees & Value
HSBC India · visa · mid
Best reward rate
3%
Annual fee
₹499
Type
Cashback
Reward rate by category
Effective value back per ₹100 spent, after our cap-aware audit. Direct cashback.
Transfer partners
Points can transfer to: statement credit.
Key benefits
- 3% cashback on all online transactions
- 1% cashback on offline spends
- Annual fee waiver on ₹50,000 annual spend
- Fuel surcharge waiver up to ₹250/month
See what this card is worth for your spending
Calculate your exact points value, or let the Card Finder check whether the Smart Value belongs in your stack.
FAQs
What is the reward rate on the Smart Value credit card?
The HSBC Smart Value Credit Card earns up to 3% effective value on dining & food delivery and 3% on online shopping. Its base rate is about 1%.
What is the annual fee of the Smart Value?
The Smart Value has an annual fee of ₹499, waived on annual spends of ₹50,000 or more.
Reward data last verified 2026-06-01. Rates and fees change frequently — always confirm on the issuer's website before applying. RewardsAI is an independent tool and not affiliated with HSBC India.