HSBC • Visa

HSBC Smart Value

3X Rewards on Online/Dining

Reviewed by CardWise Editorial Team

Last Verified: 2/12/2026

Editorial Independence: Our recommendations are driven by mathematical value, not issuer payouts. We may earn a commission if you apply through our links, but this does not affect our scoring or the cards we feature.

Annual Fee₹499Waived on ₹50k spend

Base Reward0.3%On all spends

Lounge AccessNoNo lounge access listed

Est. Annual Savings₹612Based on ₹4.8L annual spend

No Complimentary Lounge Access

This card currently does not show complimentary airport lounge access in our issuer-aligned dataset.

Monthly spend

₹30,000 / mo

₹3,60,000 / year

Estimated rewards₹1,080

Assumes base reward rate only.

Annual feeWaived

Waived on ₹50k spend

Net value₹1,080

Estimated savings per year.

Fee waiver target: ₹50,000 annual spend.

Reward Rate Breakdown

Category-wise reward rates for this card

Online

0.9%

Basedefault

0.3%

Key Takeaways

Verified card-level notes, best use-cases, and watchouts.

Pros & Insights

HSBC Smart Value is best positioned as a shopping + lifestyle specialist rather than a universal all-spend card.
Its current reward model is anchored around 0.9% on online-aligned lanes, while broad base return remains closer to 0.3%.
No mapped complimentary lounge footprint currently contributes to card value, so spend economics are the primary decision factor.

Best Utilization

Route this card to shopping and lifestyle spends first, then shift spillover transactions to stronger category alternatives.
Track statement outcomes monthly to confirm that expected reward credits are posting in the intended merchant/category buckets.
Maintain break-even discipline against the annual fee of INR 499 and reduce allocation if annual net value weakens.

Watchouts

points-value realization depends on redemption choice and transfer use
No complimentary lounge access is currently mapped for this card.
Category caps, partner restrictions, and MCC-level exclusions can materially reduce realized value versus headline promotion copy.

Truth Data Snapshot

Issuer-linked details for offers, redemption, lounges, and reliability status.

Expand

Offer Truth

Joining fee₹499
Annual fee₹499
Waiver threshold₹50,000
Cap typenone
Cap resetnone
Last verified2026-02-12

Redemption Truth

Cash value/pointNot listed
Travel value/pointNot listed
Transfer partners0
Min redemptionNot listed
Expiry policyNot listed
Last verified2026-02-12

Lounge Truth

NetworkVisa
Domestic count0
International count0
Quarterly limitNot listed
Airport-terminal rows0
Policy check2026-02-10

Reliability + Outcomes

Verification statusverified
Freshness days1
Source conflicts0
Applied reports7
Approval reports4

Upgrade Path

These are objective same-bank step-up options from the current rewards and lounge model.

Step 1

HSBC Live+

Annual fee: ₹999

Shared focus: Lifestyle+66 more lounge visits in current datasetHigher top earn rate (10.0%)

View Details

Step 2

HSBC Live+ Credit Card

Annual fee: ₹999

Shared focus: Lifestyle+66 more lounge visits in current datasetHigher top earn rate (10.0%)

View Details

Lounge match needs verification

Lounge access data for this card could not be confidently matched. Please verify lounge eligibility directly with the issuer before relying on access.

Lounge Eligibility Checklist

Derived from card policy signals

Lounge Spend Tracker

Eligibility target met: No

Track lounge eligibility for HSBC Smart Value using your current period spend.

Your current spend (period)Detected threshold

₹0 spent₹50 target

Policy signal used: Waived on ₹50k spend

Spend threshold

Waived on ₹50k spend

Quarter / cycle rule

No quarter or billing-cycle lounge rule is explicitly listed.

Guest access

Guest access policy is not explicitly listed in current data.

Priority Pass

Priority Pass benefit is not listed for this card.

Lounge Locations

No airport-wise rows currently available

Airport-level lounge rows are not currently available for this card. We still show policy checklist details above.

Redemption Optimizer Unavailable

Redemption optimization is unavailable for this card right now; this card is better evaluated via direct cashback and feature value.

Decision Data Enrichment

Reused from validated provider snapshots with freshness gates and quality filters.

Enriched decision data not available

This card does not have publishable enrichment records in the current high-confidence snapshot.

Key Benefits

3X Rewards on Online, Dining, Telecom
Attractive EMI options

Things to Consider

Low rewards
Basic features

About HSBC Smart Value

HSBC Smart Value is a points card from HSBC, best for entry level. It is tagged under shopping, lifestyle categories in our database.

ShoppingLifestyle

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Frequently asked questions

Is HSBC Smart Value lifetime free?

It has an annual fee of ₹499. Waived on ₹50k spend

What rewards does HSBC Smart Value offer?

3X Rewards on Online/Dining

Does HSBC Smart Value include lounge access?

No complimentary lounge access is currently listed for this card.

Who should consider HSBC Smart Value?

Entry Level

Where can I apply for HSBC Smart Value?

Check the issuer website for application availability.

Sources & Verification

Official Issuer Page:Direct Link
Last Verified: 2026-02-12
Data Method: Automated scraper + Manual audit

Key Terms

APR (Annual Percentage Rate)

The interest rate charged on unpaid dues if you don't pay your full bill by the due date.

Forex Markup

An additional fee charged for transactions made in foreign currency.

Lounge Access

Complimentary entry to airport lounges, often subject to spend milestones.

Milestone Benefits

Bonus rewards unlocked when you cross specific spending thresholds within a period.