HSBC Credit Card Offers on Valuemart deals

Valuemart in association with HSBC has come up with super value offers on various products if brought in combination of 3 or more. There are different products listed in this offer and you will need to buy any 3 products mentioned at a special price of Rs. 2999 plus delivery charges of Rs. 350 per 3 products. And you will get special freebies too. This offer is only valid for those who are having HSBC Credit Cards.

The products that was on special sale for this Value Mart deals are:

Strob/Italia Electric Steam Iron worth Rs. 1750. This comes with titanium coated sole plating, spray nozzle.

Strob Italia electric cooking plate worth Rs. 1800. This comes with cast iron heating element, thermostat control for sim, sealed solid plate design.Magic duster worth Rs. 2100. This is a battery operated duster. It has the special rotating brush which picks up dust pretty faster than regular brushes.

The other products and market price for them:

• Nokia Bluetooth headset – Rs. 2700
• Dolphin Handheld Massager – Rs. 2100
• Mini Sewing Machine – Rs. 1950
• Nova/Strob Mini Chopper – Rs. 1550
• Vitek MP4 Player – Rs. 1450
• Scarlett Knife set and glass chopping board – Rs. 1650
• Strob/Italia Electric weighing scale – Rs. 2800

Now, you can buy any of the three products mentioned above for Rs. 2999. You will also need to shell out Rs. 350 as shipping charges. You can also buy one product for Rs. 1250. You can select any three products of your liking, no restrictions on selecting the products at all.

Now coming back to the freebies, if you buy for Rs. 3000 or above from the above offer, you will get Rs. 500 worth Sponte Travel Sleek Iron. And if your order value is above Rs. 7500 then you will get a Vitek MP3 player worth Rs. 1500 for free.

You will need to call the Valuemart helpline numbers at 1800-209-3209 or 022-61405200 to place your order using HSBC Credit Card or visit www.ivaluemart.com/hsbccard to place your order online.

You will get the product delivered within 21 days of placing the order. And all the terms and conditions applies for this offer, please do read them before availing this offer.

This offer is valid till May 31, 2009.

back to Credit Card Offer

HSBC Card offers on Deals4all products

HSBC in association with Deals4all, which is famous for its hi-tech deals, to come up with some very good offers to buy electronics at a much discounted price. You will need to use your HSBC credit card only to avail these offers from Deals4all and cannot buy it using any other cards. This offer is available only through the Deals4all helpline numbers and not available online. This offer is valid till May 31, 2009. The products range from handycam to photo printer.

You can buy TCL Handycam for Rs. 2999 using this offer as against the original price of Rs. 9500. It is a 3MP handycam with 4x digital zoom and 32 MB flash memory with expandable memory slot. It is said to be smallest and slimmest digital handycam in the world.

Aqua X2 Dual SIM Phone can be brought for Rs. 3495 as against the market price of Rs. 9500. It is a dual SIM phone with MP3 support, Bluetooth, FM radio and touch screen.

The best of the bash is that, you can buy Lexmark Photo printer worth Rs. 6000 for just Rs. 1999. It is the compact photo printer to print 4” x 6” photos. You can print directly from your PC as well as from your digital camera directly.

VD Tech HDMI DVD player with 5.1 channel with full HDMI support with USB and MMC card reader and can read any types of CDs and DVDs and major formats like DivX, etc. This can be brought for Rs. 1999 as against the market price of Rs. 3995.

I-Mate Jama smartphone can be brought for Rs. 6990 with the original market price being Rs. 11,000.

LG TV Mobile Phone with 3G which can be used to watch TV and can be utilized at major GSM networks, comes with 3MP digital camera, DVB-H TV tuner, plays MP3, MMF, WAV, etc. Has Bluetooth and the support of adding up 4 GB memory, etc.

Some of the other products with the original price mentioned in brackets are given below:

• Polaroid 8 MP Digital Camera – Rs. 3999 (Rs. 10,500)
• Polaroid 10 MP Digital Camera – Rs. 5490 (Rs. 14,500)
• GE Designer Cordless Phone – Rs. 1299 (Rs. 2995)
• Polaroid Digital 7” Photo Frame – Rs. 2999 (Rs. 6500)

You will need to call Deals4all Customer Care Number at 1800-22-8200, 180004700 or 022-26329212 to place your order using your HSBC credit card to avail these offers mentioned above.

You will get the product delivered in 7 days of placing the order. This offer, as mentioned above is valid till May 31, 2009.

back to Credit Card Offer

Easiest way to get Credit Card.. Open a FD account

Stunned with delinquencies beating the banks' books, lenders have decided to issue credit cards linked to fixed deposits. It has been mandatory for customers of some banks to start a fixed deposit with the lender in order to avail a credit card.

ICICI Bank the biggest credit card issuer, has made it conditional for some of the credit card applicants, who do not meet the bank's eligibility criteria, to open FDs under a scheme called Fixed Deposit Instant Credit Card.

The third largest private lender, Axis Bank has also launched a similar scheme while some other banks said that even they had such a product in their portfolio but they were not insisting on it. HSBC head of credit cards, Ravi Subramanian said such a product enables a bank to protect its lending along with issuing a card to a person who would not be able to get a card due to his non-eligibility.

The scheme requires a credit card applicant to open an FD account with an auto-renewal facility. The bank would issue the card with 85% limit of the FD. The minimum and maximum limits for the FD are Rs 20,000 and Rs 3 lakh respectively.

Here the bank will lock the entire FD amount as long as the card is held by the person. The cardholder cannot break the FD till the time he has the card. During this period, card holder can only withdraw the interest earned on the FD.

Further if the cardholder is not able to clear the credit card outstanding within 90 days from the date of statement, the bank holds a right to cash the FD for clearing the debt.

However some banks did not approve such a scheme as they thought customers would not prefer to earn just 8-9% on FD and pay 50% on cards. A foreign bank head of credit cards said that customers would rather prefer an overdraft facility than FDs where high rate of interest has be to be paid on cards.

"Many banks are toying with this idea with a view to expanding their credit card base. But it makes sense only for low-end customers," he said.

The economic slowdown that has made the situations worse for banks has also tapped individuals who have faced job losses resulting in defaults and thereby prompting banks to take such moves.

LIC Credit Card Launched

LIC had announced its plans to roll out its credit card in the beginning of September, 2008. Now it has finally launched its much awaited white-labelled credit card on Monday, March 30th.

Launching the card, LIC Managing Director D K Mehrotra said, "We have launched our credit card today. The card would be like other credit cards but we will also offer value-added services like payment of premiums for our policy-holders."

In the first phase the insurance giant is going to target its existing policyholders for selling the card. "Initially, we will be offering cards to our policy- holders which will enable them to pay their premiums using the card," said Mehrotra.

LIC has tied up with Corporation Bank for issuing the credit card that would be available in New Delhi and Mumbai at limited scale for now.

The card is a Visa branded credit card that will have a photo of the cardholder and signature digitally imprinted over it. It is an internationally valid card that would also facilitate the policyholders to pay premiums from outstation thus saving on the bank charges.

The credit card business of LIC will be run through a separate firm, LIC Credit Cards Services. The card would be managed by Corporation Bank that has given the contract for end to end processing of credit cards to a leading electronic payment solutions provider, ELECTRACARD SERVICES (ECS).

Cobranded Credit Card from ICICI Bank and Singapore Airlines

ICICI Bank in association with south-east Asian air-carrier Singapore Airlines has launched the co-branded 'ICICI Bank Singapore Airlines Visa Platinum Card' in the Indian market.

"This is the first time that we (Singapore Airlines) have launched a credit card in India. The synergy that is created by this partnership is unprecedented," Singapore Airlines' Regional Vice-President (West Asia and Africa) Lee Lik Hsin said at the launch function.

Singapore Airlines is confident that the card would bring unparallel benefits to its loyal customers and further boost the appeal of KrisFlyer programme in India, Hsin said.

KrisFlyer is Singapore Airlines frequent-flyer programme under which its enrolled members can redeem their miles for free flights on over 20 global airlines to more than 820 destinations across 160 countries.

ICICI Bank has issued 7.5 million credit cards in India of which around 10 per cent are in the premium segment. Singapore KrisFlyer programme claims to have 80,000 members enrolled in India.

back to Credit Card Offer

Credit Card Guide for different types of cards Part-II

Reward Cards
There are credit cards which offer rewards for specific kinds of purchases. For example the Airline Reward Credit Cards offer rewards on air travel, Cashback Credit Cards offer cash rewards on every credit card purchases, Fuel Reward Credit Cards offer rebates on petroleum and other fuel purchases from specified outlets and preferred partners. Similarly Hotel Reward Credit Cards give rebates on hotel stay and related expenses and Health Rewards Credit Cards give benefits on medical expenses, health treatments and related activities. The rewards offered by credit card companies in alliance with various brands and stores, make them more attractive for the credit card holders.

Business Credit Cards
These credit cards are issued to businessmen or corporate users which helps them in their business related activities and separates their business and personal expenses. For example the HDFC Bank Corporate Card comes with a unique 24x7 Expense management solution called SMART DATA ONLINE, powered by MasterCard International, which helps businesses in managing their expenses. The business credit cards are also a great way to promote your business. The ICICI bank Business Credit Card has an option for embossing of company name on the credit card.

Student Credit Cards
As the name implies these credit cards are especially designed for students and help them start their credit card journey. These credit cards bring lots of rewards especially suited for students, which help them save time, money and enjoy their student life. Student credit cards are a first step towards building credit history. A good credit history goes a long way in creating a relationship with banks helping you secure much needed loans and credit in the future.

Special Feature Credit Cards
Credit cards can also be grouped on the basis of their features. For example based on their Introductory interest rates, credit cards can be Low Introductory interest credit cards, or 0 (zero) Intro Interest credit cards. The 0 Intro Interest credit cards provide interest free credit (0%) for a specified time period, which is called the introductory period. Similar is the case with credit cards that come without any annual fee what so ever and are called No Annual Fee credit cards.

Balance Transfer Credit Cards
Credit card companies provide lucrative offers with 0% Introductory interest or Low introductory interest charges on balance transfers. This allows credit card holders to transfer the outstanding balances on their existing credit cards to a credit card with low or 0 interest on balance transfers. This brings them a lot of savings in the interest rates. The balance transfer credit cards may charge a balance transfer fees for every such operation.

Affinity Credit cards
This is a special type of credit card which has a special tie-up or relation with an organization, store, institution or company. This credit card carries the logo of the affiliated organization on the card design and brings special benefits and discounts on products from that company. In case the affiliated company is a charity or non-profit organization, a part of the credit card expenses go into the affiliate organization's account. For example: The HelpAge India Credit Card issued by ICICI bank.

back to Credit Card Help