Santa Claus comes around just once a year. In the meantime, there are Credit Cards.
  • HSBC Spencer’s Credit Card

    The HSBC Spencer's Happy Ties Card has been launched by HSBC in conjunction with Spencer's Retail. This is an international credit card that not only offers a viable substitute for cash, but also acts as a license to earn you discounts and rewards on every spend made at Spencer's Retail.

    There are three variants of this card:

    • The HSBC Spencer's Happy Ties Classic Card.
    • The HSBC Spencer's Happy Ties Gold Card.
    • The HSBC Spencer's Happy Ties Platinum Card.

    And each of these cards earn progressively higher rewards points on spends made at Spencer's and at other merchants.

    Highlights of the HSBC Spencer Credit Card

    • Extra rewards points when spending at Spencer's Retail.
    • Preferential discounts and package deals.
    • Complimentary gifts and vouchers.
    • Effective replacement for hard cash.
    • Helps build credit scores with prudent use.
    • Rewards points are active on this card.
    • Worldwide recognition and usability.


    • Lower interest payments: The HSBC Spencer's card offers a lower interest rate than most other cards in the same category of lifestyle shopping credit cards. What's more, the balance transfer and EMI facilities have been designed in such a way that it benefits the merchant, the customer, and the bank as well.
    • Online banking: Cardholders can conduct their banking operations online, as this card provides the credentials required to access HSBC's unique and secure online banking facilities. View unbilled transactions, pay your outstanding bills, get a detailed report of your previous statement, etc. on the online portal.
    • Supplementary cards: Cardholders can extend the benefits of using this card to their loved ones, as 2 supplementary cards are offered in addition to the primary card.
    • Limited liability: In the case that the card is stolen or lost, customers can call the 24x7 customer care call centre and report the same, for all transactions (whether fraudulent or not) that are carried out prior to informing the bank will be treated as legitimate expenses, to be borne by the cardholder. Intimating the bank early is very important.
    • International acceptance: This card is accepted at over a million ATMs and around 18 million merchant establishments worldwide.


    • Rewards points with the HSBC Spencer's Classic Credit Card: Using this card regularly and at the right place can earn the cardholder a decent amount of rewards points. These rewards points can later be redeemed against purchases for discounts, etc.
      • Every Rs.100 spent at Spencer's Retail earns the cardholder 8 reward points.
      • Every Rs.100 spent elsewhere earns the cardholder 3 rewards points.
    • Rewards points with the HSBC Spencer's Gold Credit Card: Using this variant of the card allows cardholders to earn:
      • Every Rs.100 spent at Spencer's Retail earns the cardholder 11 rewards points.
      • Every Rs.100 spent elsewhere earns the cardholder 3 rewards points.
    • Rewards points with the HSBC Spencer's Platinum Credit Card: This variant of the card enables the earning of rewards points in the following way:
      • Every Rs.100 spent at Spencer's Retail earns the cardholder 14 rewards points.
      • Every Rs.100 spent elsewhere earns the cardholder 4 rewards points.

    Eligibility & Documentation

    • Minimum age: 18 years.
    • Documents required:
      • Duly filled out and signed application form.
      • For salaried applicants - salary slips.
      • For self-employed applicants - bank and income statement.
      • Proof of identity.
      • Proof of address.

    How to apply

    HSBC is not currently accepting applications for this card, as they have discontinued it according to the official website.

    Fees and other charges

    This information is also unavailable for a discontinued card.


    1. Are there any extra rewards points that can be won?

      Depending on the variant of the card chosen by the customer, up to 14 points can be earned on every Rs.100 spent at Spencer's retail, and up to 4 points on every Rs.100 spent elsewhere.

    2. How liable is a customer to pay for fraudulent transactions made using a stolen HSBC credit card?

      The customer is liable to pay for all purchases and spends that have occurred till the time of registering the complaint with HSBC. The best thing to do when a cardholder realises that his/her card is missing is to report it to the bank immediately.

    3. What are some of the unique benefits that Spencer's promises with this card?

      Spencer's has joined hands with HSBC to launch this card, which means that they will treat their customers in a very special way by offering them exclusive deals, vouchers, packages, reward point bonuses - cardholder specific discounts are also a possibility that hasn't been ruled out.

    4. What are some of the ways in which interest rates can be managed on this card?

      While the base interest rate on which the card functions cannot be changed, customers can take some proactive steps in order to ensure that they don't end up paying double or triple the amount they’ve spent. Balance transfers and the facility whereby purchases can be converted into EMIs are two innovative ways in which HSBC allows customers to protect themselves from high interest rates.

    5. Is there a cash advance facility with this card?

      Yes, cash can be withdrawn from any of over 1 million ATMs present all over the world.


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