HSBC Cash+ Credit Card
1% daily cashback on everything you buy
at HSBC's secure site
Terms & conditions apply. See rates & fees.
Rewards rate
"The Cash+ does the one thing flat-rate cards should do — pay you on everything, immediately, with no caps — and then quietly sweetens it with 10% bonus checkpoints most people will hit without trying. The 30,000 salary bar is the only reason it isn't on every UAE shortlist. Keep it away from foreign-currency spend and it's close to faultless as a default card."
Earning and redeeming Cash+ cashback
The engine is simple: 1% back on every eligible retail purchase, converted to first if you spent abroad, and credited to your account the next working day. There are no bonus categories to remember, no minimum spend, and no cap — spend 8,825 in a cycle and you earn 88.25, exactly as HSBC's own worked example shows.
The clever part is the 10% Bonus Cashback. At the end of each statement month, quarter and year, HSBC pays 10% of the daily cashback you accumulated in that period — provided you spent 5,000 in the month, 25,000 in the quarter and 125,000 in the year. The tiers stack: a consistent 10,500-a-month spender qualifies for all three and takes the effective rate to roughly 1.3%. Cashback offsets your outstanding balance automatically; it can't be transferred or converted, and a missed minimum payment cancels the accrued bonus for that period — so pay on time.
Rates and fees
- Annual fee
- 0 first year (approved by 31 Dec 2026); then 1,050 VAT inclusive, waived with 24,000 spend in the prior 12 months
- Interest rate
- 44.28% APR fixed (~3.69%/month) on purchases and cash withdrawals; up to +1%/month while overdue
- Interest-free period
- Up to 56 days on retail purchases when you pay in full by the due date
- Minimum payment
- 5% of the balance per transaction category or 100 (whichever is lower per plan), plus fees and any overlimit amount
- Minimum salary
- 30,000 per month; age 21–65; UAE resident — no HSBC account needed
- Foreign currency fee
- 2.1% VAT inclusive, plus a Visa scheme fee of up to 1.21%; international transactions billed in carry 1.05%
- Cash advance
- 3.15% of the amount, minimum 105 (VAT inclusive) — cash advances earn no cashback
- Late payment fee
- 241.50 per instance (VAT inclusive)
- Overlimit fee
- 288.75 (VAT inclusive)
- Supplementary cards
- Free — their spend counts toward your bonus-tier minimums
Rates verified against HSBC's Key Facts Statement (effective 1 July 2026) and Schedule of Services and Tariffs (effective 1 August 2026), all VAT-inclusive. Always confirm on the issuer's site before applying.
Card benefits
Daily cashback, bonus tiers
1% on everything, credited the next working day — plus 10% bonus cashback on each month's, quarter's and year's earnings when you hit 5,000 / 25,000 / 125,000 spend.
Unlimited lounge access +1
You and a guest visit 1,000+ lounges in 300+ cities free via Visa Airport Companion; make one USD 1+ international purchase 15 days before travel (first 2 visits exempt). Extra guests USD 32.
USD 500,000 travel insurance
Complimentary multi-trip cover for you and your family on trips up to 90 days, with a downloadable certificate of insurance.
2-for-1 cinema tickets
A free ticket with every ticket each month plus up to 25% off cinema F&B — if you spend 10,000 on the card in the booking month.
Careem Plus & Zomato Gold
A 12-month Careem Plus subscription and Zomato Gold with up to 50% off at 4,000+ UAE restaurants — both complimentary.
24-hour Visa Concierge
Restaurant bookings, bespoke shopping and travel planning around the clock, from the UAE or abroad.
Pros and cons
- Flat 1% cashback on all eligible spend with no minimum and no earning cap — credited the next working day, not at month end
- 10% bonus cashback on your daily cashback at monthly, quarterly and annual spend tiers ( 5,000 / 25,000 / 125,000) — up to ~1.3% effective for heavy spenders
- Unlimited lounge visits for you and one guest via Visa Airport Companion
- USD 500,000 multi-trip travel insurance for the family, plus extended warranty and fraud cover
- Realistic fee waiver: 24,000 a year ( 2,000 a month) keeps it free
- 30,000 minimum monthly salary shuts out most applicants
- 1,050 annual fee (VAT inclusive) if you spend under 24,000 a year
- 1% base rate is beaten by category cashback cards on dining, fuel and groceries
- 2.1% foreign-currency fee plus a scheme fee of up to 1.21% — not a card for overseas spend
- 44.28% fixed APR (~3.69%/month) if you carry a balance, and the cinema perk needs 10,000 monthly spend
Is it right for you?
Get this card if
- You earn 30,000+ and want one no-thought card that pays on every , every day.
- You spend at least 2,000 a month on it — that alone keeps the annual fee waived for good.
- You value unlimited lounge access with a guest and real travel insurance without a premium-card fee.
Consider skipping it if
- You earn under 30,000 a month — HSBC's own Live+ takes you from 5,000 with higher category rates.
- Your spend concentrates in dining, fuel or groceries, where 5–6% category cards beat a flat 1%.
- Much of your spending is in foreign currency — the ~3.3% combined FX cost swamps the 1% back.
Alternatives to consider
6% on dining and 5% on fuel from a 5,000 salary and a fraction of the fee — capped at 200 per category each cycle.
Best cashback cards →
The same 30,000 salary bar, but spend becomes Skywards Miles with stronger Emirates travel perks.
Best Emirates Skywards cards →
A heavyweight travel card with broader lounge networks and hotel status — at a much higher annual fee.
Best lounge access cards →Not sure which way to go? Put them side by side in our card comparison tool or browse the full ranked list.
Frequently asked questions
How does the Cash+ cashback work?+
You earn 1% daily cashback on all eligible retail purchases, with no minimum spend and no earning cap. Cashback is credited to your card account the next working day after the purchase posts. On top, you earn 10% bonus cashback on the daily cashback accumulated in a statement month, quarter and year — provided you spend at least AED 5,000 in the month, AED 25,000 in the quarter and AED 125,000 in the year respectively.
What is the Cash+ annual fee?+
AED 0 for the first year if your application is approved on or before 31 December 2026. From year two it is AED 1,000 (AED 1,050 inclusive of VAT), waived each year you spend at least AED 24,000 in the previous 12 months.
What salary do I need for the Cash+ card?+
At least AED 30,000 a month. You must also be aged 21 to 65 and live in the UAE. You do not need an HSBC bank account to apply.
Does the Cash+ card include airport lounge access?+
Yes — unlimited visits for you and one guest at over 1,000 lounges in 300+ cities through the Visa Airport Companion app. You must make at least one international purchase of USD 1 or more with the card 15 days before travelling; this condition is waived for your first 2 visits of the year. Additional guests cost USD 32 per visit.
Which transactions don't earn cashback?+
Balance transfers, cash instalment and flexi instalment plans, quasi-cash transactions such as currency exchange, cash advances, traveller's cheques, fees and charges, credit card repayments, and refunded or disputed transactions.
What are the foreign transaction fees?+
A 2.1% foreign-currency processing fee (VAT inclusive) applies to transactions not billed in AED, and a scheme processing fee of up to 1.21% may also apply. International transactions billed in AED carry a 1.05% processing fee instead.
Editorial disclaimer: Opinions expressed here are the author’s alone, not those of any bank or card issuer, and have not been reviewed, approved or otherwise endorsed by any of these entities.