{
  "id": "hsbc-rupay-cashback-card",
  "locale": "en",
  "name": "HSBC RuPay Cashback Credit Card",
  "bank": "HSBC",
  "cardType": "cashback",
  "cardTier": "entry",
  "annualFee": "₹499 + GST",
  "loungeAccess": "No lounge access",
  "rewardsRate": "Up to ₹400 Monthly Cashback on UPI & Retail · 0% Forex Markup Fee · Dining discounts via HSBC Live+",
  "bestFor": "Merchant UPI payments on RuPay network, international online/POS transactions with 0% forex fee, and dining out",
  "officialLink": "https://www.hsbc.bank.in/credit-cards/products/rupay-cashback-credit-card/",
  "aiVerdict": {
    "score": 4.1,
    "summary": "Its modest reward rate and low annual fee offset the lack of lounge access.",
    "tradeOffs": [
      "Modest reward rate relative to the market's best cashback cards",
      "No extracted lounge benefit"
    ],
    "confidence": 1
  },
  "rewardRatePercent": 1,
  "affiliateId": "hsbc-rupay-cashback-card",
  "dataQuality": "PARTIAL",
  "legacyDataQuality": "LIVE_VERIFIED",
  "evidence": {
    "version": 4,
    "asOf": "2026-10-16",
    "dataQuality": "PARTIAL",
    "verifiedAt": null,
    "unresolvedItems": [
      "fees.joining",
      "fees.annual",
      "fees.taxes",
      "fees.waiver",
      "fees.waiverEligibleSpend",
      "fees.waiverExclusions",
      "rewards.base",
      "rewards.accelerated",
      "rewards.channels",
      "rewards.caps",
      "rewards.capPeriods",
      "rewards.sharedLimits",
      "rewards.exclusions",
      "lounge.domestic",
      "lounge.international",
      "lounge.qualifyingSpend",
      "lounge.qualifyingPeriod",
      "lounge.guests",
      "lounge.issuerNetwork",
      "redemption.value",
      "redemption.minimum",
      "redemption.charges",
      "redemption.expiry",
      "redemption.transfers",
      "redemption.restrictions",
      "eligibility",
      "availability",
      "effectiveDates"
    ],
    "calculation": {
      "status": "unavailable",
      "reason": "Claim-level evidence review incomplete"
    }
  },
  "sources": [
    "HSBC India — HSBC RuPay Cashback Credit Card official schedule of charges and MITC",
    "RuPay & HSBC Merchant UPI Partnership — 0% forex markup, monthly cashback & fee waiver terms"
  ],
  "feeWaiver": "Waived on annual retail spends exceeding ₹2,00,000 in previous anniversary year",
  "networks": [
    "RuPay"
  ],
  "quickFacts": [
    {
      "key": "Annual Fee",
      "value": "₹499 + GST (Waived on ₹2L spend)"
    },
    {
      "key": "Forex Markup Fee",
      "value": "0% (Zero Forex Markup)"
    },
    {
      "key": "UPI Payments",
      "value": "Link to Google Pay, PhonePe, Paytm, BHIM"
    },
    {
      "key": "Monthly Cashback",
      "value": "Earn up to ₹400 cashback / month"
    },
    {
      "key": "Dining Offer",
      "value": "Up to 15% discount on partner restaurants"
    },
    {
      "key": "Fuel Surcharge",
      "value": "1% waiver on ₹400 to ₹4,000"
    }
  ],
  "earnRates": [
    {
      "category": "UPI Merchant QR Scan & Pay Purchases",
      "rate": "1.5% to 2.0% Cashback",
      "monthlyCap": "₹400 / month",
      "perLakhSpent": "₹1,500 to ₹2,000 Cashback"
    },
    {
      "category": "Online & Offline Retail Spends",
      "rate": "1.0% Cashback",
      "monthlyCap": "₹400 / month",
      "perLakhSpent": "₹1,000 Cashback"
    },
    {
      "category": "International Foreign Currency Spends (0% Forex)",
      "rate": "1.0% Cashback + Zero Forex Fee",
      "monthlyCap": "₹400 / month",
      "perLakhSpent": "₹1,000 Cashback"
    },
    {
      "category": "Fuel Purchases",
      "rate": "0%",
      "monthlyCap": "Excluded",
      "perLakhSpent": "0 Points"
    }
  ],
  "hasAccelerated": true,
  "acceleratedEarn": [
    {
      "channel": "UPI Merchant QR Transactions",
      "multiplier": "—",
      "rate": "Up to 2.0%",
      "monthlyCap": "₹400 monthly total",
      "dailyCap": "—",
      "note": "Merchant QR scan payments made via linked UPI applications."
    },
    {
      "channel": "International Transactions",
      "multiplier": "—",
      "rate": "0% Forex Markup",
      "monthlyCap": "Uncapped",
      "dailyCap": "—",
      "note": "Zero foreign currency markup fees on overseas online shopping and POS swipes."
    }
  ],
  "redemptionRoutes": [
    {
      "route": "Statement Cash Credit",
      "value": "₹1.00 / ₹1.00 Cashback",
      "minPoints": "Nil",
      "ceiling": "None",
      "fee": "Nil",
      "isBest": true
    }
  ],
  "exclusions": [
    "Peer-to-peer (P2P) UPI money transfers.",
    "ATM cash withdrawals and digital wallet loads."
  ],
  "feesDetail": [
    {
      "item": "Joining Fee",
      "value": "₹499 + GST",
      "warn": false
    },
    {
      "item": "Annual Renewal Fee",
      "value": "₹499 + GST (Waived on ₹2,00,000 annual spend)",
      "warn": false
    },
    {
      "item": "Finance Charges (Interest Rate)",
      "value": "3.75% per month (45.0% per annum)",
      "warn": false
    },
    {
      "item": "Foreign Currency Markup",
      "value": "0.00% (Zero Forex Markup)",
      "warn": false
    },
    {
      "item": "Fuel Surcharge Waiver",
      "value": "1% waiver on ₹400 to ₹4,000 transactions (Max ₹250/month)",
      "warn": false
    }
  ],
  "eligibilityDetail": [
    {
      "criteria": "Age Requirement",
      "requirement": "18 to 65 years"
    },
    {
      "criteria": "Minimum Monthly Net Income",
      "requirement": "₹25,000+ per month (Salaried) or ₹4L+ ITR (Self-Employed)"
    },
    {
      "criteria": "Credit Score (CIBIL)",
      "requirement": "720+ recommended for smooth approval"
    }
  ],
  "timelineEvents": [],
  "pointsValuation": null
}