How to redeem reward points on HSBC credit card?
Pratyusha Rajawat
Asked 31 Mar 2026
I have accumulated around 20,000 reward points on my HSBC credit card. What is the redemption value in rupees and the best way to use them?
2 Answers
On credit limit increase: most banks auto-review every 6 months. If you use 30-70% of the limit and pay in full, you'll get an automatic increase. Don't call and ask for it explicitly — banks take it as a sign of credit hunger and sometimes lower the limit instead.
Honestly, the annual fee is on the higher side. But if you spend consistently on the accelerated categories, the cashback more than offsets it. I did the maths on my own statement last year and came out ahead by about ₹3,200.
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